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Review on KuCoin by Christian Patrick

Revainrating 5 out of 5

THE RECENT ADVANCEMENT MADE ON THE KUCOIN EXCHANGE.

Having adopted this exchange, especially for making ease of P2P exchange,I think I have seen the real best secured Crypto exchange. Kucoin describes itself as a global cryptocurrency exchange with more than 500+ digital assets coupled with a list of available contents like spot trading,bot trading , Margin trade and futures trading. The most appreciated content of this aforementioned trading happens to be the- "Margin trading". The Kucoin Margin trading is a section on the Kucoin platform that allows verified and Registered users to borrow tokens to re-invest them on trade. However,the Kucoin Margin trade has grown wide since the host of the Kucoin Margin Anniversary till date,there has been over 90+ tokens supported with margin trading pairs on Kucoin exchange. "Kucoin is not a Wallet but an exchange",which means it does not allow introduction of new tokens aside those ones being added by the platform. This new tokens are added via a system called custom tokens. Therefore,from time to time Kucoin exchange adds new tokens which are listed on the exchange and this tokens are pumped within a minute enabling users to take profit.

Well,the Margin trade seems to grow on daily basis since it introduction on Kucoin. The margin trading also enable a fast and durable leverage transaction coupled with a set up Auto-borrow function which simplifies the leading Operation.

Opening up the door on this exchange,The margin trading has made several amendments leading to the formation of Staking. Recently,the Kucoin exchange provides many tokens for stake than usual enabling much profits to be made. By staking any token (depending on how long the token should be locked up),the user gets to claim the rewards after the staking pool is over (i.e unfreeze).

Another amazing content with varieties of customed contents is the "Futures trading". The Kucoin futures trading is found on the trading section with attached leverage. It is actually the most risky phase on the Kucoin exchange because of the unpredictable ability of the crypto market. On the Futures page,the exchange provide two input tags,one actually for take profit and the other for stop loss with a different input section for entry price. By increasing the leverage (let say X10) which means the trading user makes 10% increment to the invested capital.

So far, Kucoin stands to be the biggest crypto exchange which has many trading futures. Another modification on the exchange with lots of opportunities for users to make profit is the "Futures Brawl". The futures brawling is actually an exclusive and very unique section on the Kucoin exchange that provides over $3500 cash bonus for every verified Kucoin user. It works in diverse of ways such that every participants gets rewarded based on their brawl ranking point. It is also attached to a wheel of fortune where by users spin wheels of futures to gain profits. Thus,the reward ranking is divided in 10 ways ranging from 100USDT down to 200USDT(which will be shared amongst Six participants). Aside spinning wheels,users can earn from referrals. More so,the trading Bot comes with many interesting qualities. The trading Bot is a modified section on the Kucoin exchange that can be found on the Main page(Home page). The Kucoin trading Bot is actually a bit skillful and technical but easier to manage. However,the Kucoin trading Bot utilizes a "Smart Rebalance Stretegy", "DCA and futures Grid" that actually enables users to Gain profits especially during "Market volatility". The bot is free,saves time and energy for users and also works based on configuration,that is 24/7. The main need for executing the bot is actually on the need of minimizing and reducing trading risks especially in cases of fluctuating markets. Thus,the Kucoin Bot is actually the Classical model on trade.

Finally,the exchange is recommendable having created a system for "Auto-sell". The Auto-sell is Available on the trading section. It actually allows users to place orders, of which the history of the orders are listed on the History section. The Auto-sell works just like the Auto-buy. This orders are actually initiated when the order is filled up and the Trade section. Thank for your patience on my review and also feel free to drop your comments on the comment section.

img 1 attached to KuCoin review by Christian Patrick



Pros
  • Kucoin exchange makes out the best,fast and convenient P2P exchange than any other exchange.
  • Low trading and withdrawal fees User-friendly exchange Vast selection of altcoins 24/7 customer support Ability to buy crypto with fiat No forced KYC checks Ability to stake and earn crypto yields.
  • On the exchange,it provides the best customer responsive service which makes it easier for customers request to be initiated instantly.
  • Advanced trading features are quite plenty on the exchange.
  • Kucoin exchange makes it easier for her customers to earn crypto entering different activities such as staking, lending and even Futures trading.
Cons
  • Deposition on Kucoin requires no fees but withdrawal fees are a bit high especially to other exchange.
  • They Kucoin exchange might actually seem exclusive but there are some draw backs for the exchange which is lincensing.It is certainly true that the exchange is not lincensed for US traders and this means they can't trade on the exchange.
  • Limited payment methods.

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