Review on KuCoin by Saparov Meylis

KuCoin is a cryptocurrency exchange based in Hong Kong, which allows you to conduct various transactions with digital currencies, trade over 300 pairs and exchange one cryptoasset for another. And all this within the framework of one fully functional platform, the services of which are available to users from all over the world. KuCoin is a relatively young representative of the cryptocurrency market: the exchange started operating in 2017. The model for creating a new trading platform was the first-rate exchange - Binance, which the creators of KuCoin are equal to. KuCoin shares some similarities with its more established counterpart, and tries to replicate its success story. He started KuCoin with a small exchange service called Kubi, which gradually transformed into a full-fledged cryptocurrency exchange, now operating on a global scale.

The main characteristics of the Kucoin platform We will briefly list what the exchange is going to use to quickly increase its client base:

* Support for many fiat currencies to fund your account.

* Support for cryptocurrencies not only from among the popular, but also lesser-known altcoins.

* Sane commission for trading operations, 0.1% of the transaction amount.

* We have our own cryptocurrency, KCS tokens give their owners a lot of advantages. For example, a decrease in commission, token holders receive a certain part of the trading fees of the exchange. This encourages not to dump coins, but to save them, so that KCS are popular. There was no ICO for their release, and the tokens entered the market on October 24, 2017.

* High speed of work. KuCoin can process up to several million crypto buy / sell orders per second. Phenomena such as slippage in crypto trading should be eliminated.

If we add to this a quick and hassle-free account replenishment and withdrawal of funds, then the exchange has every chance of becoming number 1 and entering the TOP-10. By the way, the developers themselves have set a medium-term goal - to enter the TOP-10 cryptocurrency exchanges.

KuCoin Shares (KCS) proprietary cryptocurrency

KuCoin Shares tokens (KCS) are the internal cryptocurrency of the KuCoin exchange, which can be bought by every registered user of the exchange and receive passive income from this (the KuCoin Shares cryptocurrency is constantly growing in value, as the number of active traders on this exchange is steadily increasing, which in turn buy these tokens to reduce trading commissions) and a number of other bonuses and advantages (like on the Binance exchange, internal tokens can be used to reduce the commission for trading by 2 times to 0.05% of the transaction).

Mobile apps for Android and iOS

The exchange team has developed software for iOS and Android. The creators promised to do this during the ICO and kept their word. Owners of phones with other operating systems should not despair - the mobile version of the site is perfect for work. You need to go through the browser of your smartphone to the official website of the exchange in order to perform all possible financial transactions, as well as transactions on the resource. The site is perfectly adapted for mobile devices and you won't have any problems using it.