Review on KuCoin by Syed Adnan

Name: KuCoin
Item: KuCoin
Rating: 5

February 08, 2020

One of the cheapest exchanges in the industry.

If you are looking for an exchange that allows you to buy and sell hundreds of cryptocurrencies - both large and small, then this is definitely a significant competitor. Furthermore, the trading area provides full charting equipment which makes it ideal for experienced traders. 
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But there are two clear points to avoid. First, the platform does not adopt real-world deposit methods but they are trying to add Fiat. As such, you can only fund your account with crypto. Secondly, the platform has no regulatory license, which in my opinion puts your fund at risk.
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When I compared Coinbase, I found that they are heavily regulated and accept multiple payment methods such as a debit / credit card, e-wallet and more. In addition, the platform is very easy to use and lets you fall short on cryptocurrencies.
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Updated 3 years ago

Rating has not been changed

The platform's most notable feature is its user-friendly interface, which makes it simple to get started and perform one-time or regular crypto investments. KuCoin is impossible to surpass when it comes to account security. In addition to two-factor verification, the exchange claims to utilize a multi-stage wallet technique to keep assets secure and offline. KuCoin's transaction costs are also significantly cheaper than those of rival exchanges.
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KuCoin provides a comprehensive range of cryptocurrency trading services to both consumers and organizations. Traders can use a variety of platforms, including the KuCoin web exchange and the KuCoin iOS and Android mobile apps. Aside from its well-known brand, KuCoin provides one of the largest and most secure platforms for trading digital assets.
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KuCoin rewards high-volume crypto dealers by gradually lowering its already-low costs. Furthermore, by transacting in KCS, the platform's native digital token, you may reduce trading fees by an extra %.

Pros