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Review on KuCoin by Jaybanty Huzzle

Revainrating 5 out of 5

The KuCoin exchange and it's numerous benefits

Since my onboarding to the crypto universe, KuCoin had been my very and first exchange to begin trade with. Ever since then, it has ranked itself to be my most trusted and reliable exchange service especially as it followed through with a security breach which led to loss of funds but at the same time, they were able to recover from it and since then, began to bring more to the table. Some of the recent updates that KuCoin has released and are worth taking note of are: 1. The release of its Trading bot section of the exchange; Now this functionality of the KuCoin exchange allows you to delegate your funds to the robot to trade with. Ever since the first release of its Grid trading bot even right from the beta testing stage, I have been a user of this bot and it was a source of stable income earning without having me to go through the trading stress and emotional disasters when it comes to losses. The total explanation for the bot work will be given by the exchange but in theory, it works by buying low, then selling high consistently. New bots keeps getting added. Today, KuCoin supports the Dollar Cost Averaging bot which can be seen for helping investors make proportioned Investments at certain times automatically giving you a handsfree experience in crypto investing. Another bot is the Futures Grid trading bot which also works like the Grid bot but does that in the futures market. The bots have been an integral part of KuCoin and many users keeps joining with over 2 Million bots created over time and income generated for users according to the leaderboard stands at over $200,000. The robot trading section of KuCoin is one good reason why one should be a user of KuCoin. 2. KuCoin Win; A gameplay casino powered by the Multiverse AI token. This part of the exchange allows us to bet and earn money from it though the risks associated might not be too nice a tale to tell. The games though are provably fair, nothing to worry about KuCoin tampering with the process. It's a good income source if you ask me. 3. Pool-X; Though a subsidiary of the KuCoin ecosystem, it also has its bedrock in the KuCoin exchange. They allow the staking of coins, allows users to participate in the KuCoin burning drop, earn passive income amongst others. I preferably use this to stack my coins, especially in this bearish turnover of markets so it yields me daily interest passively. Try it. 4. Exchange Traded Funds zone; A newly released feature of KuCoin where you can buy tokens which holds a certain leverage of the underlying asset. Thus feature of KuCoin allows us users to play gods in a futures market without exposing us to the real trading of futures contracts. I put it this way as the leveraged tokens which you can trade on KuCoin carry an X3 leverage but doesn't expose you to the risks of liquidation or Rebalancing leverage as price moves. It's one of my favorite part of KuCoin. 5. Empowering KCS and The launch of KCC; KuCoin were very serious with their KCS burns that over 50 Million KCS has been sent to the dark hole. With KCS, you get to earn a portion of the exchange fees for simply holding about 6 KCS. The KCS is also used in participating in KuCoin's burning drops, presale-like offering and reducing trading fees. The launch of the KCC is a pivot to the expansion and adoption of the KuCoin exchange and KCS respectively. The KCC mainnet which was unwittingly launched last week, provides a PoSA side chain for the Ethereum Blockchain, enabling fees to be placed at a bar minimum. There are yet to be much action on the KCC mainnet but a lot is coming, that's for sure. All these and more are a reason to use KuCoin, so get on board now, KuCoin is the best exchange you can ever choose among the plethora of one's proliferating the market especially when you consider the low fees threshold, the magnificent features which I have outlined just a tip of the iceberg here and it's ever vibrant community and periodical giveaways. Welcome to KuCoin, The People's Exchange!

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Pros
  • There is a lot of products on KuCoin for you to use
  • They have a big Community from different parts of the world
  • Trading fees and withdrawals are very low in cost
Cons
  • One might not really appreciate the work of their support team as they are not as efficient as they used to be

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