Review on KuCoin by Rupanshu Kumar
Based out of Hong Kong, this international cryptocurrency exchange currently…
Based out of Hong Kong, this international cryptocurrency exchange currently supports the trading of a large number of digital assets. The CEO and one of the original founders, Michael Gam, is a former technical expert at Ant Financial, the most valuable fintech company in the world.
What’s interesting about this exchange is that it follows a profit-sharing system and distributes 50% of their daily overall trading fee revenue to
users holding their exchange-based token, KuCoin Shares (KCS).
In a similar fashion to Binance, KuCoin offers relatively low tradings fees and incentives for holding (or trading) its native cryptocurrency.
Updated 5 years ago
Rating has not been changed
Kucoin has became the second most favorite exchange among virtual currency users because of it's continuous high quality service and volume. It beats many exchanges in terms of volume, liquidity and not to mention, best consumer support service it has.
The native currency of Kucoin that is KCS is outperforming many big altcoins in terms of gains. With the present value of 1.67 USD as of 7th july KCS has witnessed almost three times the rise of its value since January of 2019.
If this exchange continues to grow and outperform other middle and big scale exchanges, it might take the first position in the list of crypto exchanges as well.
Pros
- I love features like kukoin shares. Good exchange
Cons
- Can't yet say
