Review on KuCoin by Daniel Stephen
The exchange is highly impeccable, I have used it on several occasions and I was never disappointed
Kucoin, a Hong Kong-based cryptocurrency exchange, can be described as a user-friendly cryptocurrency market that can be used by non - experts. Its commissions are extremely low when compared to other exchanges, and it also has a professional interface. This was the first exchange I used when I initially started trading crypto, based on recommendations and the mind-blowing deals, particularly from the AMA. There's more to the AMA than just a way for traders to make money because the KuCoin AMA helped me comprehend most cryptography terms and systems. Using the exchange platform still has a lot of advantages. Let me walk you through some of the fascinating reasons why I choose Kucoin as my crypto-currency trading platform of choice.
1.Security and transparency: I explored several other exchanges before realizing that Kucoin was the only one that could meet my requirements in terms of reliable data. I'm always provided an exact price and competitive market rates. The P2P market was also incredibly safe, since most of the people I dealt with provided honest rates, didn't try to extort me, and paid quickly; this alone makes KuCoin an excellent choice for all beginner traders.
2. The fees on the Kucoin exchange are so low that the transactions fees are trivial to anyone. You are provided excellent service yet you only pay a little amount to get your desired result and transactions carried out.
3. Kucoin exchange is always available and accessible for traders to reach out to and get things done on time.
I've been a trader on KuCoin exchange since 2019, my experience with the exchange has been very memorable and up till this very day. Trading on the exchange is super fast because of it's enormous liquidity, the exchange liquidity has made it easy for me to place trades and get my orders filled up on time, unlike an exchange I tried out a long time ago that took me an hour to get an order that was less than a hundred dollars filled. This was time consuming and as a result of the exchange's low liquidity I didn't trade with them, cause it wasn't conveinent for me to wait that long for my orders to get filled. If there's one thing Kucoin has that I think makes it one of my best exchange for me then it surely must be the liquidity it posses.
Another spotlight on the exchange is the number of coins listed on it. So far I haven't noticed them listing just any kind of coin or tokens they only list genuine tokens, this has made all my investments safe, cause no scam token was being welcomed on the exchange. Several investors have lost their funds by investing in such tokens but here on KuCoin they lay more emphasis on credibility of the tokens they list rather than it's quantity. The do their best to list at least two tokens every week and it's very interesting for getting to know more about some of these tokens from their developers via Kucoin AMA.
When it comes to making deposit and withdrawal, I can proudly boast of them cause both process are super fast and easy to carry out. Although of recent I had a tough time trying to withdraw for over 1hr 30 minutes i didn't receive my Litecoin ( LTC ) in my wallet after depositing it on KuCoin, I contacted the support team for my very first time and the quick response to my complaint really lightened up my mood and in less than 20 minutes I got my LTC in my Kucoin main wallet intact. I'm indeed amazed at how friendly the support team was and this has been one of the features that has drawn me closer to Kucoin exchange all this while.
As long as KuCoin exchange is still in operation and they keep to doing their best I can boldly say that without any iota of doubt that this would be one of my best exchange which I will constantly keep patronizing to perform my virtual currency transactions.
- The exchange is safe
- The fees are moderate
- It is designed for both veterans and newbies
- I hold nothing against them
