Review on KuCoin by Jesmin Akter

Kucoin is a cryptocurrency exchange headquartered in Asia that allows users to buy, trade, and exchange cryptocurrencies and digital assets. It is a very popular exchange since the majority of its users are from Asia, giving it a large user base. It was created and established in 2017. It accepts a wide range of currencies, including BTC, ETH, and LTC.



It enables staking and even allows traders to exchange fiat tokens for crypto currencies, which is incredible, isn't it? Kucoin is a very liquid cryptocurrency. Users are rewarded in the form of KUCOIN SHARES, the local cryptocurrency. It works when the users are Kucoin shareholders. Being a shareholder even gives you the right to vote.



Traders may have access to Margin Trading using Kucoin, which will allow them generate more profit. Users on Kucoin may lend out their bitcoins at a 0.2 percent interest rate. The lender's profit is the interest earned. As previously stated, Kucoin supports staking using its own staking platform, POOL-X.



Kucoin trading fees are incredibly low and reasonable, since traders are charged a 0.1 percent flat trading cost, which may be less if you pay using Kucoin shares. As a trader and investor, this should be the Exchange platform you're searching for.