Review on KuCoin by benjamin souley
KuCoin is a global platform.
Kucoin is a switch platform of the crypto currencies.The exchange supports a referral program as well as other promotion programs.The exchange does not allow fiat crypto trading, so new cryptocurrency investors might be deterred from using this platform as it will not be practical for them. However, users can deposit their existing cryptocurrencies without a fee. Even though new investors might not be able to use the exchange as much, stats show that KuCoin boasts a satisfying level of liquidity, which is beneficial for the average user. This might be caused by the extensive list of cryptocurrencies that are available for trading on the platform
Pros
- The platform has an affiliate program which attracts more other investors.
Cons
- Kucoin does not accept bank transfer as a means of deposit.
New products
Comments (1)
May 03, 2020
KuCoin charges a flat trading fee, meaning the fees for takers and makers do not differ. The exchange boasts a flat fee of 0.10%, which is significantly lower than the global industry average of 0.25%. This gives the exchange a significant competitive edge as the fee is very appealing to the average customer. As for withdrawal fees, the exchange charges 0.0005 BTC. Complete information on specific withdrawal fees for various coins can be found online on their website.
