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Review on KuCoin Shares by Seth Rintel

Revainrating 4 out of 5

KuCoin is easy to use, provides good security, has a mobile application…

KuCoin is easy to use, provides good security, has a mobile application, offers low transaction costs, and encourages KCS transaction / hold. Furthermore, the fact that exchanges are closing their accounts to new user accounts due to lack of scalability, KuCoin has not made it a solid choice for new users seeking to trade on the market. altcoin school. That being said, KuCoin is definitely on track to become one of the world's largest global exchanges.



Pros
  • The KuCoin Shares Token is a token for the Kucoin cryptocurrency exchange, an exchange based out of Hong Kong. The system allows token holders to profit from dividends received. The Kucoin Shares Token is part of an overarching goal of Kucoin to create a cryptocurrency exchange ecosystem where all users benefit as well as a platform that brings blockchain technology to people from all walks of life, or as Kucoin calls it, a People’s Exchange.
Cons
  • Cryptocurrency trading platforms like Coinbase and Bittrex are in deep trouble. Recent US-tax regulations coupled with old-school thought process has these mammoth exchanges on the brink of panic. These platforms have been more interested in profit and have not been keeping up with the times – this means that if you are jumping into cryptocurrency trading now, you are better off starting your journey with one of the newer, more innovative platforms.

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