1 Level
5 Review
0 Karma
Review on KuCoin by Gunner Osborne
30% reduce fees for holding 30000 kcs does it worth ?
Kucoin is a reputed exchange also they have many pairs with different coins. kucoin provides a fast and free deposit, and withdrawal fees are also average kucoin have many plans, and many of them are ready such as kucoin have their ieo platform named as Spotlight for ieos even in future kucoin planning to launch margin trading kumex also if you hold kcs kcs also have many use cases
Kucoin reward mechanism for kcs holder is really cool suppose you hold 30000 kcs for hold you will get daily 0.003 bitcoin without doing anything and monthly your earning will be 1000$ without doing anything only for keeping kcs also if we use kcs for paying fees you need to hold it has a graph means max you hold kcs you will get max fees discount if you keep 10000 kcs you will get 10% fees discount and if you hold 30000 then you will able to decrease fees up to 30%
Pros
- Holding kcs we get some reward on daily basis also we can withdrawal up to 2 btc without KYC also if we do KYC we can able to withdrawal up to 100 bitcoins per day, kucoin claims its currently world's 3nd exchange, and it has the potential to beat huobi the world's largest 2nd exchange also I know kucoin list so many great projects now they starts adding binance chain token means bep2 tokens
Cons
- For an advanced trader, they have an advance dark theme, but they don't have light theme also kucoin only provides trading view charts and while binance offers two types of chart interfaces also kucoin KYC verification takes much time
