Review on KuCoin by Amit Sharma
KuCoin Exchange - Know Everything Before Invest - 2019
KuCoin is a todays Top leading cryptocurrency exchange which based in Hong Kong. The exchange was established in May 2017 by an experienced team of blockchain and cryptocurrency professionals who started developing and building the exchanges architecture back in 2011. It operates on a crypto-to-crypto basis, currently they doesn't supported any fiat currencies for Deposit and Trading. Now a day they start Credit Card depsit system. KuCoin also offers us its own Exchange token KCS (KuCoin Shares) and it's uses a similar way as like Binance, CoinEx etc.
Its fees are also fairly reasonable and same as many other exchanges.
The main cons is that it doesn’t support in any fiat currencies. You’ll need to have BTC or ETH to trade the full range of available coins. You can start trade more coin which are BTC, ETH. LTC, NEO, BCH, USDT (Tether) or KCS (the exchange’s own coin) ETC.
Pros
- KuCoin Shares, Who hold KCS token for them Kucoin have attractive promotion.
- It charges a flat fee of 0.1% per trade.
- Bitcoin withdrawals charged 0.0005 BTC
- 1,000 KCS holders receive a 1% discount on trading fees.
- Kucoin offer wide range of currencies. Approximately 118 cryptocurrencies.
- You can activate 2FA by Google Authentication.
- Kucoin showed deposit address and QR code at a same time.
- They support - Web, Mobile, iOS app (beta), Android app (beta)
- The CEO and original founder of KuCoin, Michael Gam, formerly worked at Ant Financial.
- Kucoin have Excellent trading platform and user interface
Cons
- KuCoin’s exchange doesn't support your dollars for Bitcon.
- KuCoin is not regulated by any reputable regulatory agencies.
- Kucoin doesn't support margin trading.
- Cryptocurrencies only. No fiat currency accepted.
