Review on KuCoin by Fabrizio Zampieri
It is an exchange of cryptocurrencies based in Asia (Hong Kong), born in…
It is an exchange of cryptocurrencies based in Asia (Hong Kong), born in September 2017; in the first quarter of the year reached 200,000 members. The platform is enjoying tremendous success after creating KuCoin Shares (KCS), an ERC20 token from Ethereum, which allows for significant discounts, bonuses and rewards on the website wallet. The aggressive campaign to redistribute the fees paid by users to KCS holders is competing with other exchanges and that is why the number of subscribers rises rapidly.
Pros
- It's a young exchange but it has great potential. Professional customer service and rapid in answering. Bank-tier encryption (high security). Very interesting referral program (If someone uses your referral link when they sign up to KuCoin, you will receive 20% of their trading fees). Great rewarded program: anyone who holds KuCoinShares (KCS Token) will receive dividends of the exchange's trading fees. 90% of KuCoin's trading fees go to customers. 50% to KCS holders and the rest to referrals. Right now KuCoin exchange only handles 30m in daily volume. Daily dividends retrocession. First exchange where is possible to trade Red Pulse (RPX)
Cons
- Total daily trading volume is still low. It's not possible exchange cryptocurrencies with FIAT money.
