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Puerto La Cruz, Venezuela
1 Level
9 Review
3 Karma

Review on KuCoin by Zuleyma Gonzalez

Revainrating 5 out of 5

Kucoin, Exchange among the best in the world

I registered almost at the same time I registered here in Revain, in principle the reason was that they accepted the REV token which is the one used in this platform, however I found the exchange very good and has all the features available in the best known as Binance and Coinbase, I consider it even more user friendly,



Victim of fraud with cryptocurrency theft

The exchange was affected by a massive theft of cryptocurrencies that passed the 300,000,000 dollars, cybercriminals intervened hot wallets of users, the exchange faced the situation very positively and returned their assets to the affected people, a part was recovered and the remaining part was managed with the insurance available to the exchange, managing to cancel the users of 100% of what was stolen. For this reason, the exchange shielded its security system and nowadays it has not had any more problems in this sense and is considered as one of the safest exchanges.



What I liked about the exchange.

I consider it very safe and reliable, with a large number of cryptocurrencies available in its listing, with many pairs to make quick exchanges in a satisfactory manner. In the short time I have been working with this exchange I have used it basically for trading, which I have found safe and fast, I think it is due to its great liquidity, with which we can make exchanges in a fast way, I have not been able to operate the exchange in depth yet, but I have made a complete study of the Kucoin platform and roughly I could list its benefits as follows:

• Low mining fees.

• Good returns to the mining pool

• Quick purchase of USDT tokens using Visa credit cards.

• Allows margin trading

• Facility for futures trading

• Available from boot as a guide for trading

• Raffles where you can earn good profits with low investment.

In summary

the exchange has everything you need to operate, whether it is advanced users or just beginners like me who are starting in this world of cryptocurrencies, which is why I give the highest rating of 5 stars to this exchange and I can recommend it to anyone who also wants to start without much trouble. I have seen many experienced cryptocurrency users and generally recommend having several exchanges and not just one, I wondered the reason, and it is simple, not in all exchanges you get all the cryptocurrencies, if you need to operate with a new cryptocurrency or not very commercial, having several exchanges the safest thing to do is to have the cryptocurrency in question in one of them. That is already a compelling reason, on the other hand if the exchange with which you have more assets experience failures or problems, you have the option to move your assets to another, what I am very clear is that Kucoin is my first choice of exchange, I have never had a problem and although I am not an expert I can recommend that if you have a lot of capital in cryptocurrencies, keep the bulk of the assets in cold wallets like Coinomi, you will be the owner and custodian of your addresses, and keep for example in Kucoin the amount in assets to make operations that you require.



Pros
  • Low commissions compared to other exchanges
  • Good liquidity
  • Operates with many cryptocurrencies
  • Good number of trading pairs
  • Bonus for new users and for keeping your KCS token
  • You get commissions for referrals
Cons
  • I haven't found anything

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