Review on KuCoin by Temitope Olowookere

Kucoin is becoming a popular cryptocurrency exchange platform where people can easily and conveniently buy, sell Bitcoin, Ethereum and other cryptocurrency.



During the course of my research, I discovered that the founders of this exchange platform is two business oriented individuals who in time past have carried out a project projects known as Ant Financial and iBox PAY. They are Micheal Gan and Eric Don and it is based in Saychelles.

Every individual in the the cryptocurrency community desire a platform that is convenient and easy to use for this reason Kucoin was established.



However, Kucoin also has its own cryptocurrency known as Kucoin Shares (KSC.) I am happy to inform you that if you hold KSC coins, you get discount on trading fees and also earn additional crypto.



Do you know that Kucoin was launched in 2017 and from it's success record, over 5million traders from 200 Countries uses the platform. Kucoin exchange platform is currently recognized among the top 10 most busiest trading platform in the world pulling the highest crypto volume and it now have over 200 cryptocurrency with 400markets.



Another impressive discovery exchange platform is the Lending feature.

Kucoin allows it's customers to lend cryptocurrencies to other users at a favourable interest rate from 0 to 0.2% within the period of 7 to 28days.

However if borrower does not pay up within the period of loan expiration, the system is programmed in such a way that it withdraws the loan along with interests from the borrowers wallet. Moreso, There is a insurance fund of KuCoin Margin that fills the gap in a situation where borrowers are unable to pay up loan perhaps as a result of insufficient balance due to extreme market conditions. Lenders can always get the full repayment. Isn't this Amazing? Indeed it is.