KuCoin is one of the biggest crypto exchanges in the world in terms of trading volume. Company digital assets offering is considered the largest in the world. Find below the detailed KuCoin review and check the users’ voice.
KuCoin is a cryptocurrency exchange launched in 2017 and operates in Seychelles. It is one of the largest DCE in the world in terms of the trading volume. The platform is known as “The People’s Exchange” for being an early adopter of new digital coins. The exchange offers a variety of services, regular spot exchange, margin trading, crypto contracts and more. KuCoin provides services in 200+ countries and has a native cryptocurrency called KuCoin Shares (KCS) used for it’s ICO and which also is used in loyalty scheme for end users.
Spot Trade – It’s the basic functionality of most of the exchanges. You put your ask or bid price for a specific asset, then it goes to the order book where matching transactions are carried out.
Margin Trade – Allows it’s users to borrow money to create a leverage so they can buy more assets. This practice may multiply ones gains, as well as losses so use it with caution.
Contract (Futures) – Futures, also called futures contracts, allows users to lock in the price of the digital asset. This allows users to speculate on the future price of the digital asset.
Staking – Is an alternative to mining. While miners receive a new crypto token based on amount of calculations they made, stacking can earn a crypto by confirming operations on the blockchain. You must own an crypto currency to be able to stack it.
Pool-X – An exchange that provides liquidity for staked digital assets. Users can trade the staked crypto in the platform and obtain liquidity.
Lending – In an alternative to the regular loans. The loan is provided for the fixed amount of time and with on agreed interest rate. The user can choose to lend a stablecoin, bitcon or alt-coins
KuCoin offers various payment methods which are processed by the third party gateways like simplex, banxa and mobilium.
KuCoin fees are known to be one of the lowest in the industry.
To check the current rates, please check the KuKocin website.
KuCoin supports different cryptocurrencies (the options of buying/selling might be different for some countries). In company’s portfolio, a user might find the most popular tokens and many more. Those include:
Some currencies offered are subject to different trading options.
KuCoin is available in most of the countries in the world. However there might be limitations to the transaction types and trading volumes for the users from countries outside of jurisdictions with approved Know-Your-Customer (KYC) rules.
KuCoin declares to be devoted to customers’ security. Here are some examples of security measures applied that we covered in our KuCoin review.
Proud to co-sponsor this global gaming tournament with @KCCOfficialTW & @PlayZapGames🎉
KuCoin Labs is committed to support the gaming community and is excited to see the amazing talent on display🚀
#KuCoinWallet X @LidoFinance Staking Campaign
🎁Stake $ETH to share 6,000 $DAI!
How to win:
✅Download #KuCoinWallet: http://kuwallet.com
✅Select #Lido on the Browser page
Grow $ETH via Lido on KuCoin Wallet & win rewards!
📢 New Listing
@arbitrum $ARB Gets Listed on #KuCoin!
🔹Deposit: now open (network: Arbitrum One , ERC20)
#Layer2 #Ethereum #Rollup
💰DPX-21D Fixed Promotion, Enjoy an APR of 180%!
⏰Subscription Period: 10:00:00 on March 20, 2023 to 15:59:59 on March 25, 2023 (UTC)
In incoined we aim for providing the best possible information on the topic of cryptocurrencies. We focus on general crypto awareness among people to make the digital currencies used more widely. We do believe that educated decisions generally works better than random ones.
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