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Review on KuCoin by Roseline Patrick

Revainrating 5 out of 5

The big way achievements of Kucoin exchange.

Kucoin is a transparent,user free and global trading exchange that publishes lots of features and support for it users from all around the world. It was provided for use in 2017,and has recorded over a billion dollar traded Volume and a million users on it exchange. They exchange actually dominates other Crypto exchange in aspects of trading.

However, In recent times, it security was been tested by hackers which led to the distortion of service ( withdrawal and deposition) at that moment but as a matter of transparency,it was able to account for around $45.55 million( which is equivalent to 16%) of the losses incurred from the customers assets. But today the Kucoin exchange now highlights more of it fascinating features that makes it exclusive and even bigger than never before.

In 2019, Kucoin added a speculated feature on it platform which attracted most bigger time investors into the network placing Kucoin amongst the top best exchange in the world. It makes the best system of "Futures trading". The futures trading can be located on the trading view section (very easy to locate),it permits users to trade with leverage and this leverage is ranged from within (0x to 100x) which is actually not so on BITYARD exchange and many others. It is the most recommendable section on the Kucoin exchange that requires experienced traders and not all users(especially newbies). So far, the Kucoin exchange has made tremendous progress from the look of things so far even ahead of other exchange. In addition,another predominant but newly launched feature on the exchange is the API function. The API function was actually provided few months ago and it easier to set up. To locate the API section simply follow the aforlisted steps. First, Open a drop down menu in the Avatar>> then, you can click on create. Thus,setting up the API actually looks easy but certainly not with other exchange!! The API function that any user creates on Kucoin can be remade by that user, in other words, every user can replicate or make multiple API's on the same exchange.

On the account of Kucoin trading fees,set for example, concerning SAND3SL/USDT fees were lowered down therefore making trading on Kucoin more interesting for anyone. To every user,if you do ask them, One of the most considering factors of selecting a trading, staking platform is actually based on the "fees". However, the trading fees on the Kucoin exchange is actually broken down into two phase. Also transferring assets within the exchange is free, let say, sending assets for stake from trade to Pool-X. In conclusion,another amazing section we shall be discussing is the Kucoin win and as a matter of fact I feel very happy to include this section on my review because it pays me more than staking at times. Without taking much of your time, Kucoin win was launched early this year and came with exceptions on like the brawling section. However,the Kucoin win is actually a creative section on the Kucoin exchange that relates entertainment with token which have not been on the exchange but certainly about to be launched for the first time. It is actually an exclusive event because for the First time of it launch on space with over a million native tokens which will be distributed after the raffle to all participants registered as Kucoin users. On the other hand,the Kucoin win suggests a designated TOKEN withdrawn from Lucky Raffling which will be introduced into multiple game modes. And finally,the lucky winners will be selected and receive physical rewards (Token).

Thank you all for your patience on this Audit and also feel free to drop your comments on the commentary section.

Pros
  • Kucoin doubles to be a user identifiable exchange that has amazing fonts and chain browser.
  • It is maximally full of the important tool such as staking, lending and lots more.And as a matter of fact it provides fast transactions via P2P.
  • New tokens are launched on regular occasions on the platform so as to probide users with the appropriate trading assets the require.
  • Customer care is active 24/7, attending the needs of the customers either far and near.
  • Low fees of exchange and others.
Cons
  • It is majorly utilizable by citizens with exceptions of the US based indigenes.
  • Waiting for verification code at times might seem very difficult to execute.

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