KuCoin review: Is it reliable? Features, fees and more Coin price Prediction – Review and Chart 2022

Today, one of the largest cryptocurrency exchanges in the world, KuCoin was launched in 2017. The technical architecture of the Seychelles-based exchange dates back to 2013. Years of engineering work lies behind the user experience the platform offers today.

Contents

1 Authentication2 Transaction fees3 Interface4 Security5 KuCoin features5.1 Customer support5.2 Leading altCoin exchange5.3 Serving investors of all tiers5.4 First social trading platform in crypto5.4.1 Trusted crypto news feed5.4.2 Simple trading

On the other hand, the platform was launched by IDG Capital and Matrix in November 2018. Received $20 million worth of investment from Partners companies. Today, KuCoin provides services such as spot trading, margin trading, peer-to-peer trading, futures contracts, staking and lending to more than 10 million users in 207 countries and territories worldwide.

Coin MarketCap, KuCoin , shows it among the top 5 cryptocurrency exchanges; On the basis of volume, KuCoin is currently the 3rd among these 5 exchanges.

In 2021, Forbes Advisor ranked KuCoin among the world’s top cryptocurrency exchanges.

KuCoin  review: Is it reliable? Features, fees and more Coin  price Prediction - Review and Chart 2022 Bitcoin (BTC) News

Identity verification

KuCoin , as of November 1, 2018, with criminal activities and money laundering started to implement Know Your Customer (KYC) procedures. However, authentication on KuCoin is optional for those who trade small amounts. Accounts without authentication can withdraw up to 2 BTC in 24 hours.

Transaction fees

KuCoin has a competitive transaction fee structure starting at 0.1 percent. In addition, users who hold KuCoin Token (KCS) in their account receive a 20 percent discount on transaction fees. For users with high transaction volume, the fees are reduced to zero. For example, a user with a monthly 2000 BTC spot volume pays 0 percent for market maker orders and 0.07 percent for market taker orders, while the same figures are minus 0.005 (-0.005%) for a user with a monthly 15000 BTC spot or 20000 BTC futures trading volume, respectively. and down to 0.045 percent (0.045%).

Platform; It has a modern, neat and clear design.

Security

Until 2020, KuCoin had never been hacked and was considered quite secure in that respect. Data encryption and security were banking industry standards. However, it was hacked in 2020, which resulted in a loss of $285 million. The exchange’s quick action and close cooperation with other companies enabled it to survive this event successfully. got it back. The remaining losses were covered by the exchange’s own capital and insurance fund. With its professional approach to this event, the platform won the respect and confidence of its customers.

KuCoin ‘s features

Customer support

KuCoin , customer support via live chat offers. In addition, users can submit their help requests via the ticket. These requests are received 24 hours a day, 7 days a week. The exchange also provides local service and support, with around 19 local communities it has established in Europe, Southeast Asia, and elsewhere.

Leading altCoin exchange

The so-called “Gem” of high-potential cryptocurrencies KuCoin , which stands out as a busy exchange, supports over 630 projects with more than 1100 trading pairs.

Among these projects, according to the token sale price, LUKSO 187, PDEX 114, CHMB increased up to 143 times, while the average return of all projects to December 2021 data was 53.5 times.

On BurningDrop, so far, HORD, TCP, LOCG, Token distribution of a wide variety of blockchain initiatives such as LNCHX, XCAD. Users can gain access to project tokens by locking a specified amount of crypto assets on BurningDrop. The average return of projects listed through BurningDrop is more than 75 times so far.

Serving investors of all tiers

KuCoin offers easy ways for beginners to earn a stable passive income. For example, the Crypto Lending product provides a peer-to-peer lending market where users can lend their assets to earn passive income. For example, the annual rate of return of USDT often varies between 10 and 30 percent.

KuCoin Trading Bot, on the other hand, is a user-friendly trading tool, and it is free to use. It is possible to create bots in a few steps to automatically execute trading strategies.

Offering up to 100x leverage, the platform supports more than 70 tokens in futures.

KuCoin Margin serves over 2 million users. More than 70 tokens are supported while offering leverage of up to 10x.

The first social trading platform in crypto

KuCoin becomes the first and largest social trading platform in the cryptocurrency space. To this end, on October 22, 2021, KuCoin S, a dedicated space for invited KuCoin users to experience brand new social features, was launched. Key features include:

Reliable crypto news feed

Most cryptocurrency traders feel drowned in an ocean of news rife with FUDs. It takes time and energy for a trader to find information that is true and accurate. This indirectly affects the buying and selling decisions. KuCoin S provides a reliable feed of information on segments such as token price movements, new listings, cryptocurrency news, trending Coin s. This area is being gradually customized through artificial intelligence-based algorithms and machine learning.

KuCoin  review: Is it reliable? Features, fees and more Coin  price Prediction - Review and Chart 2022 Bitcoin (BTC) News

KuCoin S; It also has features such as liking, following, commenting and sharing.

Users can quickly complete their purchases by clicking the buy button in the token of their choice.

In addition, the feature of copying the trades allows creating a portfolio that meets your return expectation and risk preference with one click.

Leave a Reply

Your email address will not be published. Required fields are marked *

FAQ

You can buy coins by opening an account from crypto money exchanges Kucoin.

You need to check the daily charts above to make money.

You need to check the charts above for price information.

You need to check the hourly charts above to trade.

You need to check the weekly charts above for this.