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It was founded in 2017 and allows users to trade a wide variety of digital assets, including but not limited to Bitcoin, Ethereum, Litecoin, and KuCoin’s own token, KCS . KuCoin also provides various trading pairs, spot trading and margin trading to its users. KuCoin is a relatively new cryptocurrency exchange based out of Hong Kong. The cryptocurrency exchange deals only with cryptocurrency assets and does not offer any fiat currency trading pairs. Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. KuCoin has developed their very own proprietary web-based trading platform.
The platform has a very user-friendly design and interfaces making it ideal for both new and experienced traders. The platform excels in the area of design and is much nicer than many other cryptocurrency exchange platforms we have tested. It’s easy to browse and select which cryptocurrency assets and markets to trade.
Whether or not you feel comfortable trading at an unregulated exchange depends on what side of the fence you sit on. One of the main reasons for this is that you will find over 200 coins with about 450 cryptocurrency pairs hosted at the exchange. Not only does this include major pairs like BTC/USDT and ETH/USDT, but heaps of crypto-cross pairs. Best of all, if how to avoid chafing at the beach you have an appetite to trade a less liquid ERC-20 token, chances are you will find it at KuCoin. This exchange is not ideal for beginners, who need to get used to the interface, which isn’t intuitive, and those who aren’t crypto enthusiasts. Once your friends start trading on KuCoin, you will receive a commission on their trading fees in the form of KCS .
KuCoin Labs is an investment and research incubation program that supports early-stage blockchain projects. At level 12, the required 30-day KuCoin trade volume is at least 160,000 BTC and users are required to hold a minimum of 150,000 KCS. The KuCoin crypto price discounts with KCS do not apply to the futures market. This means that US-based traders cannot use any of the services provided by KuCoin. It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange.
BitDegree Crypto Learning Hub aims to uncover, simplify & share cryptocurrency education with the masses. Based on the Learn and Earn principles, crypto newcomers, students & researchers are enabled to gather core crypto knowledge by collecting incentives while they learn. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. Customers can use one-click purchases to buy cryptocurrencies using Visa, PayPal, SEPA, or other supported payment methods. In addition to digital assets, the KuCoin crypto exchange also supports more than 50 fiat currencies. There are over 130 KuCoin trading pairs available in the futures market.
Though KuCoin is a relatively new cryptocurrency exchange, it is rising to the top very quickly as the services they provide exceed many user’s expectations. The exchange is very easy to use and features a wide array of cryptocurrency assets. The trading platform utilizes all the features an experienced trader would expect and is easy enough for new traders to grasp. The mobile trading application is a nice feature as well and overall customer experience has been very good. Another area that KuCoin excels in is their very generous bonuses and promotions. As mentioned earlier, KuCoin only retains 10% of the fees they charge, returning 90% of the fees to the users of the platform.
Please consult with our Policies and Disclaimer before starting any trading. Copy the address to your clipboard, head over to your private wallet, specify the number of coins you wish to deposit, and confirm the transaction. In the vast majority of cases, KuCoin will process your withdrawals within 30 minutes of receiving the request. The platform notes that this is automated, and that manual authorization is only required if the size of your deposit is larger than 100,000 times that of the handling fee .