Review on KuCoin by Praise Olagbadun
My Review On KuCoin
KuCoin is a safe crypto-to-crypto transaction platform that was founded in the year 2017 with the sole purpose of furnishing users with convenient digital assets exchange services that are secured and reliable. The KuCoin exchange platform entails an exceedingly powerful trade engine framework that has the capacity to process about 1000 orders per seconds.
KuCoin is known to be user-friendly, trustworthy and highly secured, and they also try to be transparent in all the transactions
The Singaporean based cryptocurrency exchange platform uses hot wallets as the temporary storage systems for assets that are currently being exchanged on the platform, they are used to fund transfers and convert power
KuCoin has its own cryptocurrency, KuCoin Shares (KCS) and has a 24 hours trading volume of $200,000,000. The exchange platform is known to support both ERC-20 and TRC-20 tokens and can currently trade over 400 cryptocurrencies. KuCoin is also known to charge very low and affordable withdrawal fees not minding the fact that they vary according to the type of cryptocurrency that was traded
As far as I am concerned, KuCoin has the best user interface in the whole of the cryptocurrency exchange platforms I have come across, the interface is very attractive and easily understandable
Although KuCoin allows only crypto-to-crypto trading, it has gained its popularity, maybe due to its top notch security or standby customer service support but it has gained it
Pros
- Its user interface is great
- The withdrawal fee is quite affordable
- The exchange platform supports both the ERC-20 and TRC-20 tokens
- Users are also rewarded for referrals made
- The KuCoin application is available on the Android and iOS operating systems
- It's customer service support are always available
- The exchange platform allows a wide range of cryptocurrencies and tokens
- Available in multiple languages
Cons
- Its verification process is a bit stressful
- The platform allows only the trading of cryptocurrencies, making it impossible to trade fiat currencies
