Review on KuCoin by Edwin Wilson
This exchange is really nice for traders, but it lacks some more advanced security.
KuCoin is definitely one of the most recognizable and popular exchanges in the last years. With many crypto pairs, low transaction fees and pacey transactions processes KuCoin is well designed for traders. But the lack of KYC verification and other security issues makes this exchange security standards way below the acceptable line for me.
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Pros
- Good liquidity with being one of the most recognizable exchanges in the world, is giving the best mix
- Huge number of pairs
- No verfication required
- Low transaction fees
- High-speed working platform with friendly API
Cons
- I have some trust issues - referencing to their security system, which doesn't seem to be qualitative enough
- During high-traffic, their website is not doing very well
- Is not regulated by reputable regulatory agencies and organisations
- No fiat currencies available
New products
Comments (1)
August 20, 2019
According to your concern the website is protected by an encryption protocol that keeps private account information secure. As far as i know there is also an internal risk department that is there to ensure user funds are safe.
