Review on KuCoin by Saloote Sakai
KUCOIN
The reputation of this exchange is high from previous years, I remember when it launched its own currency, kucoin shares, it became more trendy in the news than before.
I am more interested in the earnings section of kucoin exchange than any other section because it offers us different types of investments.
The high number of tokens that can be traded is another good reason for me to choose kucoin as a good cryptocurrency exchange.
Offering a variety of trading methods such as spot and margin has also completed everything.
Updated 3 years ago
Rating has not been changed
In this update, I want to deal with the trading section of this exchange. This exchange has provided panels with unique facilities for traders. This exchange can send orders in both limit and market. In market mode, there is no need to find a suitable price and the order is done immediately. Also, because there is no more order taker commission in spot trade, this possibility of this exchange is good.
If we trade based on the total percentage of our capital, this exchange has the ability to select the percentage, which no longer requires calculations to determine the exact amount of capital.
For more security, this exchange must specify a trade password that must be entered for each type of trade. Of course, this is not annoying because we will only be allowed to trade once at the beginning of the trade if we enter the password.
The futures sector has also improved the trading and investment process by offering features such as stop loss and stop profit, which can be said that kucoin is truly unique in terms of the trading sector.
Updated 3 years ago
Rating changed from 5 to 4
Kucoin always has one of the best user interfaces among cryptocurrency exchanges. No need for authentication for normal operation is one of the good advantages of this exchange. After binance exchange strictures on user authentication, kucoin is now one of the best options for users from all over the world.
The trades fee in this exchange is a competitive fee because if we want to choose an exchange with a suitable fee, kucoin is still one of our good options.
The futures section of this exchange is divided into lite and pro sections, I prefer the pro section. The lite part of some of its parts seems complicated, if it should have a simpler structure, and this is one of the weaknesses of this exchange in my opinion.
Pros
- Attractive offers in the earn section.
- Possibility of profit by keeping a stable currency like usdt from the earn section.
- High number of tradable tokens
Cons
- I do not think there are any negative points for kucoin exchange
