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Review on KuCoin by Paul Sletten

Revainrating 3 out of 5

https://www.kucoin.com/#/ A cool giveaway to celebrate listing Electroneum is…

https://www.kucoin.com/#/
A cool giveaway to celebrate listing Electroneum is a great eye grabber. And they are giving away 1M Electroneum to the top 100 volume ( fee paying) traders. Some people in the 10s of millions of ETN. I've got like 10, and pretty sure I'd lose all 10 before I made 20 trades. Still, looks like a decent place to do exchanges. New term of the day - Force Majeure - from the boilerplate terms of service - if the world blows up, don't look at them to fix your electronic wallet issues. Of course, in those catastrophic scenarios, even after 1000 years of no electricity, when we get it back, if you have your wallet keys, you still have your money.



Pros
  • Deeeeep bench of coins and tokens that can be exchanged. Not to be one that goes for social signalling and appeals to authority, this is the first exchange ( in our first wave of 5 exchanges) I've seen list Revain. Being that Revain is a product designed to educate consumers and help people separate the wheat from the chaff, I'll give them the ok on this. Exchange fiat for crypto or crypto for crypto, but again, atomic swaps apparently do it faster and cheaper than exchanges. Also, no gambling permitted here, so in deference to my Taoist upbringing, I am pro-topless but anti gambling. For some this is a downside. For me, I consider it a blessing to the end users. Sport and chance are fine, but for many, gambling becomes a life burdening problem instead of an answer.
Cons
  • Discouraging users from developing applications that interact with the exchange might be smart. It also might drive developers towards other, more open opportunities.

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