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Sakete, Benin Republic
4 Level
207 Review
581 Karma

Review on KuCoin by Temitope Babatunde

Revainrating 4 out of 5

What You Can Know About Kucoin

Kucoin came into existence in 2017, located at Wan Chai in Hong Kong it is being manage by a team consisting of 8 members headed by its founder Micheal Gan and Co founder Eric Don. Kucoin quickly grew to become what people are referring to as people's exchange because of its friendly policies which makes it to become choice of many people and before it will add any altcoins to the platform it is its community that will vote for such coin.

The fee regime on Kucoin is very friendly, depositing cost nothing while withdrawal cost small fee. When trading the fee is 0.1% and can be reduce to 50% of that if the trader hold KCS, the higher the number of KCS that you hold the lower your fee. Not that alone the traders that hold and stake KCS enjoy a kind of dividend because up to 90% of the fees collected are been paid back to their customers inform of commissions, KCS is the native token of the exchange. Those that hold neo on the platform collect gas at month end. Neo and Gas carry no withdrawal cost.

Kucoin has an advanced trading engine which helps it to be having fast transaction even when there is heavy traffic. In addition the interface is beginner friendly meaning that one need no much training before using the exchange. The platform security system is also something of interest because it is been managed 24/7 and it is bank security level.

In respect of the relationship with its customers, Kucoin is up and doing, it has various method by which its customers can quickly reach out to it when in need of support ranging from life chat on the website to use of email, reponse to customer need is almost instant.

Kucoin is available to almost all the world citizena including USA, India, Japan, Canada, UK, Singapore and many other countries.



Pros
  • Fees in Kucoin is very low in comparison to many exchanges within the industry.
  • If you hold good number of KCS it can be very good source of income.
  • There are so many number of altcoins.
Cons
  • No fiat to crypto trading
  • No margin trading for advance traders.

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