1 Level
5 Review
1 Karma
Review on KuCoin Shares by Jesus burgos
As a trader, Kucoin is a great addition to Binance. While Binance has more…
As a trader, Kucoin is a great addition to Binance. While Binance has more mass and coins, Kucoin gives a smaller pool of coins without sacrificing quality. Since Kucoin has been able to list some of the more popular currencies faster than Binance, one can see trend-loving merchants wanting to use kucoin to start with only Binance users.
Pros
- The advantage of using Kucoin is their low transaction fees (0.1% or less), their ability to regularly add new money, and their KuCoin shares are holding bonuses. Their transaction fees are very competitive in the market with Bittrex at 25% and Binance at 0.1%. It also has lower potential than Binance (if you invest more than 50,000 KCS).
Cons
- As Kucoin grows, not only the value of each stock increases, but as the transaction volume increases, users receive higher dividends. If Kucoin can become a top 10 exchange in 2019, the company and its KCS owners stand to gain a lot. The downside of using Kucoin is that its site trend is slowing down in large traffic and vulnerabilities to having logon attacks because of the lack of reCAPTCHA or bot-remove features.
