• August 26, 2022
• BrokerIdeas
• Reviews

KUCOIN DETAILED REVIEW

Kucoin Review

Kucoin is a cryptocurrency exchange based in Hong Kong that was founded in 2017. The platform offers trading in a wide variety of digital assets, including Bitcoin, Ethereum, Litecoin, and numerous others. The exchange is known for its user-friendly interface, low trading fees, and a wide range of trading pairs. Kucoin also offers a token, called KCS (KuCoin Shares), which can be used to pay for trading fees at a discounted rate and also receive daily dividends from trading fees generated on the platform.

Kucoin is considered a safe exchange to use, with a strong focus on security measures such as 2-factor authentication and a multi-tier and multi-cluster system architecture. The exchange also offers both spot and margin trading options for its users.

One of the key features of Kucoin is its referral program, which allows users to earn a percentage of trading fees from referrals. The platform also has a mobile app available for both iOS and Android devices, making it easy to trade on-the-go. Kucoin also offers a platform for OTC trading and support various languages.

It’s worth noting that Kucoin is considered a relatively new and less popular exchange compared to other more established ones like Binance or Coinbase, and there may be less trading volume and liquidity in some of the markets offered. Also there are some cases reported that customer service may take longer to respond.

Overall, Kucoin is considered a reliable, user-friendly and diverse cryptocurrency exchange with an attractive referral program, low trading fees and a variety of trading options. It is a good option for traders looking for a safe place to trade altcoins with a good number of trading pairs to choose from.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Review TL; DR Verdict and Summary:

KuCoin has been an industry-leading cryptocurrency exchange since its launch in 2017. KuCoin was created with a mission to provide a professional-grade exchange for cryptocurrency traders, a mission they continue to deliver on to this day. The KuCoin exchange has become a favourite platform for crypto traders thanks to the following key features and strengths:

• Low fees
• Professional-grade trading platform
• Massive selection of tradeable coins, markets and instruments
• Strong reputation, trustworthy exchange
• Impressive Earn section
• Supports a large number of products and features
• High liquidity and trading volume

Pros of KuCoin:

1. Low trading fees: KuCoin offers some of the lowest trading fees in the industry, which can be further reduced by using the platform’s native token, KuCoin Shares (KCS).
2. Wide range of trading pairs: The exchange offers a wide range of trading pairs, allowing users to trade in a variety of digital assets.
3. User-friendly interface: The platform has a user-friendly interface that makes it easy to navigate and find the information and tools needed to trade.
4. Strong security: KuCoin places a strong emphasis on security and uses multiple measures to protect user’s funds.
5. Attractive referral program: The platform offers an attractive referral program that allows users to earn a percentage of trading fees from referrals.
6. Mobile App available for trading on the go: KuCoin offers mobile application for both IOS and Android which allow the user to trade from anywhere.

Cons of KuCoin:

1. Lower trading volume: Compared to other more established exchanges, KuCoin may have lower trading volume and liquidity in some of the markets offered.
2. Lesser-known brand: KuCoin is considered a relatively new and less popular exchange, which may make some traders wary of entrusting their funds to it.
3. Slower customer service: There have been reports of customer service taking longer to respond to queries and requests.
4. Fewer fiat options: KuCoin currently only support Crypto-to-Crypto trade and doesn’t support the deposit of fiat currency which could be inconvenient for some user.
5. Limited supported countries: KuCoin support and service is restricted in several countries, this could be an issue for traders living in such countries.
6. Limited staking options: Staking options on KuCoin is limited as compared to other exchanges.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Review Summary:

Review: What is KuCoin?

KuCoin is a digital asset exchange that was founded in 2017 and is based in Hong Kong. The platform offers trading in a wide variety of digital assets, including Bitcoin, Ethereum, Litecoin, and numerous others. The exchange is known for its user-friendly interface, low trading fees, and a wide range of trading pairs.

KuCoin also has its own native token called KuCoin Shares (KCS) which can be used to pay for trading fees at a discounted rate, and also offers daily dividends to holders of the token based on the trading volume on the platform.

KuCoin places a strong emphasis on security, using measures such as 2-factor authentication and a multi-tier and multi-cluster system architecture to protect user’s funds. The platform also offers spot and margin trading options for its users.

KuCoin is known for its referral program, which allows users to earn a percentage of trading fees from referrals. It also offers a mobile app for iOS and Android for on-the-go trading, and has a platform for OTC trading and supports multiple languages.

It’s worth noting that KuCoin is considered a relatively new and less popular exchange compared to other more established exchanges, like Binance or Coinbase, so there may be less trading volume and liquidity in some of the markets offered. Additionally, there have been some reports of customer service taking longer to respond.

In conclusion, KuCoin is considered a reliable, user-friendly, and diverse cryptocurrency exchange with an attractive referral program, low trading fees, and a variety of trading options. It is a good option for traders looking for a safe place to trade altcoins with a good number of trading pairs to choose from.

KuCoin offers a wide range of crypto assets for trading, including Bitcoin, Ethereum, Litecoin, and many others. The platform also offers a variety of trading pairs, including both crypto-to-crypto and crypto-to-fiat pairs.

KuCoin’s interface is sleek and easy to use, making it a great option for both experienced traders and beginners. The platform also offers a mobile app for trading on-the-go.

KuCoin also offers staking options for users to earn passive income on their assets. The platform also has a referral program where users can earn commissions for referring friends to the platform.

KuCoin also places a strong emphasis on security, with features such as two-factor authentication and a system for tracking suspicious login attempts.

On the downside, KuCoin is not regulated and is based in Hong Kong, which has less strict laws and regulations compared to other countries. The platform also charges relatively high withdrawal fees for certain cryptocurrencies. Overall, KuCoin is a great option for those looking for a user-friendly and secure platform with a wide range of trading options and potential for earning passive income through staking and referral programs.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin is a globally recognized and widely used cryptocurrency exchange that has been providing traders with high-quality and reputable services since 2017. The KuCoin team began working in blockchain technology as early as 2011 and began designing the platform in 2013, taking several years to ensure the platform was fully developed and ready for market.

Since its launch, KuCoin has quickly gained popularity among traders for its professional and well-designed platform, featuring both standard trading options as well as a gamified, Vegas-like trading section with entertaining contests and engagement opportunities.

KuCoin is also financially well-backed, having raised $20 million through an initial coin offering (ICO) in the early days of the platform, as well as $100 million in 2021 and $150 million in 2022 through funding rounds led by various venture capital firms. This has brought the platform’s valuation to a staggering $10 billion, despite the lack of regulation and licensing.

In addition to providing a high-quality platform, KuCoin is also dedicated to catering to clients in various countries, offering support for 19 different languages, including English, European languages, southeast Asian languages, Russian, Chinese, Hindi, and Arabic.

KuCoin Exchange Key Features

KuCoin is a cryptocurrency exchange that offers a wide range of key features to its users. Some of the key features include:

1. A Large Selection of Cryptocurrencies: KuCoin offers a large selection of cryptocurrencies for trading, including Bitcoin, Ethereum, Litecoin, and many other popular coins.
2. Advanced Trading Platform: KuCoin provides a professional trading platform that includes advanced charting tools and technical indicators to help traders make informed decisions.
3. P2P Trading: KuCoin offers a P2P trading market that allows users to buy and sell cryptocurrencies directly with other users on the platform.
4. Staking: KuCoin offers staking for several coins, allowing users to earn rewards for holding and locking up their coins.
5. Referral Program: KuCoin offers a referral program that allows users to earn rewards for referring other users to the platform.
6. High-level security: KuCoin has several security features such as two-factor authentication and anti-phishing security modes to keep your account safe.
7. Mobile App: KuCoin has mobile applications for iOS and Android devices to help users trade on the go.
8. Customer support: KuCoin has a live chat option and a ticketing system to resolve any issue and answer any questions that a user may have.

Earning Passive Income With KuCoin

KuCoin offers several ways for users to earn passive income on their platform. One of the main ways is through their “KuCoin Bonus” program, which rewards users for holding and trading certain assets on the platform. For example, if a user holds a certain amount of a specific cryptocurrency, they may receive daily bonuses in the form of that same cryptocurrency.

Another way to earn passive income on KuCoin is through their “KuCoin Shares” (KCS) program. KCS are the native token of the KuCoin exchange and can be used to receive discounts on trading fees, as well as earn dividends on the platform’s trading fees.

KuCoin also offers staking options for select cryptocurrencies, where users can stake their assets and earn returns based on the staked amount and duration.

Finally, KuCoin offers a referral program, where users can invite their friends and earn a percentage of their trading fees as a commission.

It’s worth to mention that the returns and rewards of passive income options vary and change with market conditions and the specific assets, Also it may vary based on different regions and laws.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Earn

KuCoin Earn is a feature on the KuCoin exchange that allows users to earn passive income through staking, lending, and earning interest on their assets. The feature is designed to make it easy for users to earn money while holding onto their assets, which they would otherwise have to sell in order to realize a profit.

Staking: Users can stake their assets in KuCoin Earn and receive rewards in the form of new tokens or coins. These rewards are distributed to users in proportion to the amount of assets they have staked.

Lending: Users can also lend their assets to other users in KuCoin Earn and earn interest on their assets. The interest rate and terms of lending are set by the platform, and the borrowed assets are used for margin trading.

Interest: Users can also earn interest on their assets by depositing them into KuCoin Earn. The interest rate is set by the platform and is determined by the current demand for the asset and its liquidity.

KuCoin Earn aims to provide a simple and easy way for users to earn passive income without having to do anything other than hold onto their assets. By providing users with the ability to stake, lend and earn interest on their assets, KuCoin is able to provide a unique way to earn money without having to rely on traditional means.

KuCoin also offers a lending feature, where users can lend out their assets to margin traders and earn interest on them. This is a great way for users to earn passive income without having to actively trade or stake their assets. The annual interest rates for lending on KuCoin range from 5% to 15% depending on the asset and the duration of the loan.

KuCoin also offers a feature called KuCoin Shares (KCS) that allows users to earn a percentage of trading fees generated on the platform. This is another great way to earn passive income by simply holding KCS in your account. The amount of KCS you hold and the amount of trading volume on the platform determines your share of the trading fees.

Overall, KuCoin provides a variety of ways for users to earn passive income, including staking, participating in on-chain ecosystems, lending, and holding KCS. Users can choose the method that best suits their investment strategy and earn additional returns on their assets.

KuCoin Lend

KuCoin Lend is another feature offered on the platform, which allows users to earn passive income by lending their digital assets to traders on margin trading. The interest rates are determined by the supply and demand of the assets being lent, and users can earn interest on a wide range of cryptocurrencies.

Users can lend their assets for a set period of time, and the interest earned can be withdrawn at any time. This feature is an attractive option for users who hold a large amount of a specific asset and want to earn passive income without having to actively trade. It can be an effective way to increase one’s overall returns while holding a cryptocurrency.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Spotlight

KuCoin Spotlight is a platform feature that allows users to vote for new projects to be listed on the exchange. Projects that are successfully voted in will be given a lower listing fee and special promotions to help them succeed. This allows the community to have a say in the types of projects that are listed on the platform, and also allows projects with a smaller budget to have a chance at getting listed. Additionally, users who vote for the winning projects are also rewarded with a portion of the listing fee paid by the project. Overall, KuCoin Spotlight is a way for the exchange to involve its users in the listing process and also provide a level of transparency and community engagement.

It should be noted that past performance does not guarantee future results, and investing in cryptocurrency can be high-risk. It is important to thoroughly research any projects before investing, and to only invest what you can afford to lose.

and agree to the terms and conditions set by KuCoin and the project team.

It’s worth noting that the projects available on Spotlight are not listed on other exchanges, which means that investors on KuCoin have an exclusive chance to take part in the project’s early stages, and benefit from potential price appreciation before the token is listed on other exchanges. This feature is an excellent way for traders to diversify their portfolio and earn high returns on their investments.

This is what that looks like on the Spotlight page for the selected project:

KuCoin Win

KuCoin Win is a feature on the KuCoin exchange that allows users to participate in various trading competitions and events. These competitions and events offer the chance to win prizes, such as KuCoin Shares (KCS) or the tokens of the projects listed on the exchange. Users can compete against other traders by achieving the highest trading volume or by correctly predicting the price of a certain asset. The events are held regularly and are announced on the KuCoin website and social media channels.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

LuckyRaffling is a game where users can win tokens by participating in a lottery-style drawing. To participate, users must purchase lottery tickets with KCS tokens, with the amount of tickets a user can purchase depending on their VIP level. The more tickets a user has, the higher the chance of winning.

The prizes for LuckyRaffling vary, but have included tokens for newly listed projects, airdropped tokens, and cash prizes. These drawings are held regularly, giving users the opportunity to win a variety of different tokens. The KuCoin Win platform is still relatively new, but it’s an exciting addition to the platform that is sure to be popular among users looking for a fun and engaging way to gain access to new and promising projects.

KuCoin also offers margin trading, allowing users to trade with leverage up to 3x. This means that traders can open larger positions with a smaller amount of capital. This can be useful for those looking to amplify their returns, but also comes with added risk. KuCoin’s margin trading feature is available for a selection of trading pairs, including BTC/USDT and ETH/USDT. The platform also provides detailed information about the margin trading rules and regulations for the users to understand before engaging in the margin trading.

KCS Bonus

KCS Bonus is a rewards program for KuCoin users who hold a certain amount of KuCoin’s native token, KCS. The more KCS tokens a user holds, the greater the rewards they can receive. KCS Bonus rewards include trading fee discounts, increased referral bonuses, and exclusive access to token sales and other promotions. Additionally, a portion of the trading fees on KuCoin is used to buy back and burn KCS tokens, which helps to increase the value of remaining tokens and thus benefit the holders. This program is designed to encourage users to hold and use KCS on the KuCoin platform, which helps to increase the utility and liquidity of the token.

KuCoin Margin Trading

KuCoin Margin Trading allows users to trade with leverage, meaning they can make larger trades than they would be able to with just their own funds. This feature allows users to potentially make larger profits, but also carries a higher level of risk. To access the margin trading feature, users must pass advanced verification levels and have a certain amount of funds available in their account. Once approved for margin trading, users can select from a variety of leveraged trading pairs and adjust their leverage levels as needed. KuCoin also offers negative balance protection, which automatically liquidates a user’s position if it reaches a certain level of loss to prevent them from owing more than their account balance.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin’s margin trading feature allows users to trade with leverage, which can amplify potential gains but also increases risk. The platform offers a variety of leverage options, up to 10x, on over 100 different trading pairs. However, it’s important to note that margin trading is a tool best used by experienced traders, as the high leverage increases the risk. Users must also enable margin trading and agree to KuCoin’s terms and conditions before placing margin trades. Overall, margin trading is a powerful tool for advanced traders to increase their earning potential, but it’s important to be aware of the risks and to use it responsibly.

KuCoin Leveraged Tokens

KuCoin Leveraged Tokens (KLTs) are a type of financial product offered by KuCoin that allows traders to gain leveraged exposure to a specific cryptocurrency without the need for margin trading or futures contracts. KLTs are ERC-20 tokens that represent a certain amount of underlying assets and their value is tied to the price movement of the underlying assets.

For example, a 3x BTC Leveraged Token would represent three times the exposure to the price movement of BTC, meaning that if BTC goes up by 1%, the value of the 3x BTC Leveraged Token would go up by 3%. Similarly, if BTC goes down by 1%, the value of the 3x BTC Leveraged Token would go down by 3%.

The advantage of KLTs is that they are simpler to use and understand than other leveraged products like margin trading or futures contracts. They can be easily bought and sold on the KuCoin platform and can be used as a way to gain leveraged exposure to the cryptocurrency market without the need for advanced trading knowledge or experience.

However, it should be noted that using leveraged products like KLTs can be extremely risky and can result in significant losses, especially in a highly volatile market. It is important to fully understand the risks and mechanics of leveraged trading before using any leveraged products.

KuCoin Futures

KuCoin Futures is a feature on the KuCoin platform that allows traders to trade cryptocurrency futures contracts. These contracts are financial derivatives that allow traders to speculate on the future price of a particular cryptocurrency.

Traders can go long or short on a variety of futures pairs, with leverage options up to 100x. This can be a powerful tool for experienced traders to increase their potential profits, but it also increases the risk of losses.

KuCoin Futures also offers features such as automatic margin call and liquidation to help manage risk, but it’s important to note that trading in futures is considered high risk, and not suitable for all investors. It’s recommended to fully understand the risks and mechanics of trading in futures before using this feature on KuCoin or any other platform.

Futures Brawl

Futures Brawl is a trading competition on KuCoin, a cryptocurrency exchange. It’s a weekly competition that allows traders to trade on margin and earn a share of a prize pool. It’s a way for KuCoin to showcase the leverage trading feature on its platform, allows users to trade on the margin by using leverage.

In a Futures Brawl, users can compete against each other by trading on margin and earning points based on the profits they make. The traders with the most points at the end of the competition win a share of the prize pool. This can be a fun and exciting way to experience leverage trading and potentially earn some additional rewards.

KuCoin’s Futures Brawl is typically open to all users on the platform, and no deposit is required to participate. The competition usually has a set duration, and participants can trade with a multiplier of up to 20x. This means that for every $1 in their account, they can trade up to $20 worth of futures contract.

It’s worth noting that margin trading is a high-risk activity, and the potential for profit is closely correlated to the potential for loss. Traders should be aware of the risks and have a good understanding of margin trading and the assets they are trading before participating in any futures brawl competition. Additionally, it’s important to regularly check the KuCoin website for any updates or changes in the rules of the competition.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

The number of points you can win increases for larger wagers and increases more when you are on a win streak. Here is the reward system:

P2P Fiat Trading

KuCoin, a cryptocurrency exchange, provides P2P (Peer-to-Peer) fiat trading, which allows users to buy and sell cryptocurrencies using traditional fiat currencies, such as USD or EUR. This feature allows users to buy cryptocurrency with a credit card, debit card, or bank transfer.

KuCoin’s P2P trading feature facilitates trades between users on the platform, thus allowing them to trade crypto-fiat directly with each other instead of going through a centralized intermediary. This is achieved by allowing users to deposit fiat into the exchange, and then trade it for crypto or vice versa.

By using P2P trading, KuCoin offers an easy and convenient way to buy and sell cryptocurrencies with fiat, making it accessible to a larger audience. Additionally, P2P trading enables to avoid the high fees associated with traditional centralized exchanges.

Users can initiate trades by setting a buy or sell order, and once the order is matched with another user, the trade can be completed in a safe and secure environment. It’s also worth noting that P2P trading may also come with additional features, such as a rating system, which allows users to rate and review the traders they have traded with.

It’s important to note that while P2P trading can be convenient and easy, it is also important to be aware of the risks involved and the potential for fraud. KuCoin recommends users to be vigilant and to only trade with reputable traders. Users should always check the official website for the most up-to-date information on the exchange’s P2P offering, fees, and terms of service.

KuCoin Fast Buy

KuCoin Fast Buy is a feature offered by the KuCoin cryptocurrency exchange that allows users to quickly and easily purchase a variety of cryptocurrencies using their credit or debit card. It is a convenient option for users who want to quickly buy a specific cryptocurrency without going through the process of depositing funds into the exchange and then placing an order on the market.

With KuCoin Fast Buy, users can select the cryptocurrency they want to purchase, specify the amount they want to buy, and then complete the transaction using their credit or debit card. The purchased cryptocurrency will then be credited to the user’s account on the exchange.

KuCoin Fast Buy is a great option for those who are new to trading or for those who don’t have time to wait for a bank transfer to clear. It’s also important to note that KuCoin supports various fiat currencies including USD, EUR, AUD, and GBP. So, users from different countries can quickly buy crypto using their local currency.

It’s worth noting that while buying crypto via credit card is fast and convenient, it may come with additional fees and credit card companies may also charge cash advance fees, so it’s always important to check and compare the fees with other deposit methods before making a decision.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Trading Bots

KuCoin is a cryptocurrency exchange that offers a range of trading tools and features, including trading bots. A trading bot is a computer program that automates the process of buying and selling cryptocurrencies on an exchange.

KuCoin’s trading bots are designed to help users automate their trading strategies and make trades more efficiently. They can be customized to execute trades based on a variety of different indicators and signals, such as price changes, volume, and order book depth.

KuCoin provides its own trading bots, which are free to use for its VIP users and can be used to perform various tasks such as tracking prices, placing orders, and executing trades on the KuCoin exchange. Additionally, KuCoin allows users to connect their own trading bots to the exchange’s API, which enables the bot to access the exchange’s order book and execute trades on behalf of the user.

It’s important to note that trading bots can be useful tools for traders, but they can also be risky. Trading bots can be programmed to execute trades in a way that is not in line with a trader’s goals or risk management strategy. Additionally, they can be affected by unexpected events such as a sudden market movement, causing losses. That is why, it’s important for users to thoroughly research and understand the bot they are using and have a good understanding of their own trading strategies before using any trading bot on KuCoin or any other exchange.

KuCoin App

KuCoin is a cryptocurrency exchange that offers a mobile application (App) for its users to access and manage their accounts on the go. The KuCoin App is available on both Android and iOS devices and can be downloaded from the App store.

The KuCoin App provides users with access to all of the features and tools available on the exchange’s website, including buying and selling cryptocurrencies, managing orders, viewing market data, and tracking their portfolio. Additionally, the App also includes some exclusive features such as “Push Notifications” and “Two-Factor authentication” which can be used to monitor and secure the user account.

KuCoin App is designed for both experienced and new traders, the user interface is straightforward and easy to navigate. The App allows users to stay connected with the market and make trades from anywhere, at any time.

It’s important to note that while mobile apps can be a convenient way to access and manage an exchange account, they can also be vulnerable to security risks. Users should always make sure to use a secure connection and use two-factor authentication to protect their account. Additionally, it’s important to be cautious when installing any third-party applications. It’s recommended to download apps only from the official store and check the reviews and ratings before installing any application.

KuCoin’s official website is the best place to check for the most up-to-date information on the App, its features and terms of service.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Fees

KuCoin is a cryptocurrency exchange that charges a fee for trading and other services on its platform. The fees on KuCoin vary depending on the type of service being used, such as trading, depositing or withdrawing funds.

The trading fee on KuCoin is a maker-taker fee model, where the maker fee is applied to orders that add liquidity to the order book and the taker fee is applied to orders that remove liquidity from the order book. The maker fee is generally lower than the taker fee, making it more affordable for traders who place limit orders. KuCoin also provides an incentive for users who hold KuCoin Shares (KCS) tokens and trade with them. By holding KCS in their account, users can receive a discounted trading fee.

KuCoin also charges deposit and withdrawal fees for each transaction and the amount varies depending on the cryptocurrency.

In addition, KuCoin has a list of other fees for specific services such as overnight financing fee, OTC trading fee and more. Users should always check the official website for the most up-to-date information on the exchange’s fee schedule and read the terms of service before using the platform.

It’s worth noting that while trading fees are an important consideration when choosing an exchange, they are not the only factor to consider. Other factors such as security, liquidity, and the variety of coins offered on the platform can also be important factors to consider when choosing an exchange.

Here is a look at the futures trading fees:

KuCoin Deposit/Withdrawal fees

KuCoin is a cryptocurrency exchange that charges a fee for both depositing and withdrawing funds from the platform. The deposit and withdrawal fees vary depending on the type of cryptocurrency being deposited or withdrawn, as well as the deposit or withdrawal method.

For example, when depositing Bitcoin, KuCoin does not charge a deposit fee but for withdrawal, the fee is a flat rate of 0.001 BTC. In the case of Ethereum, KuCoin does not charge deposit fee but the withdrawal fee is a flat rate of 0.01 ETH.

It’s important to note that deposit and withdrawal fees can be different for each cryptocurrency and they can also change over time, so it’s recommended to check the official website for the most up-to-date information on deposit and withdrawal fees.

It’s also worth noting that deposit and withdrawal fees are not the only costs associated with moving funds on and off an exchange. Additionally, other costs such as network transfer fees and conversion rates may also apply. These fees can vary depending on the specific cryptocurrency and the method used to transfer funds.

Users should always make sure to check the fees and confirm that they are paying a fair and competitive rate before depositing or withdrawing funds from KuCoin or any other cryptocurrency exchange.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

KuCoin Leveraged Token Trading Fees

KuCoin is a cryptocurrency exchange that offers leveraged token trading, which allows traders to trade on margin and gain leveraged exposure to the price movements of various cryptocurrencies. Leveraged token trading can be a useful tool for traders looking to amplify their returns, but it also comes with additional risks.

KuCoin charges a trading fee for leveraged token trading, just like any other trading activity. The fee schedule for leveraged token trading is the same as the regular trading fee. KuCoin uses a maker-taker fee model, where the maker fee is applied to orders that add liquidity to the order book and the taker fee is applied to orders that remove liquidity from the order book. The maker fee is generally lower than the taker fee, making it more affordable for traders who place limit orders.

KuCoin also provides an incentive for users who hold KuCoin Shares (KCS) tokens and trade with them. By holding KCS in their account, users can receive a discounted trading fee.

It’s worth noting that leveraged token trading is a high-risk activity and the potential for profit is closely correlated to the potential for loss. Traders should have a good understanding of leveraged trading and the assets they are trading before participating in leveraged token trading on KuCoin or any other exchange. Additionally, it’s important to regularly check the KuCoin website for any updates or changes in the fees schedule.

KuCoin KYC and Account Verification

KuCoin is a cryptocurrency exchange that requires users to go through a Know Your Customer (KYC) and account verification process before they can start trading on the platform. KYC and account verification are standard procedures in the crypto industry, designed to prevent money laundering and other illicit activities.

The KYC and account verification process typically involves providing personal information, such as a government-issued ID, proof of address, and a selfie. Once KuCoin receives this information, they will verify that it is accurate and belongs to the person submitting it.

KuCoin’s verification process is designed to be quick and easy, users can upload their documents through the website. The whole process can be completed within a few minutes. It’s worth noting that the verification process is mandatory for all users on KuCoin, regardless of the country they are from.

It’s important to note that while the verification process can be an inconvenience, it is a necessary step for ensuring the security and integrity of the KuCoin platform and for complying with regulatory requirements. Additionally, having a verified account can also be beneficial for some features such as margin trading, margin lending, OTC trading and withdrawal limits.

Users should always check the official website for the most up-to-date information on the exchange’s verification process, and to ensure they have all the necessary documents before they start the verification process to avoid delays.

Here is a look at the limits for unverified, basic and advanced verification:

KuCoin Security

KuCoin is a cryptocurrency exchange that places a strong emphasis on security to protect users’ assets and personal information. They employ a number of measures to ensure the safety of its users’ data and funds.

KuCoin uses a multi-layer and multi-cluster system architecture to ensure the security of its systems. This includes regular security audits and penetration testing to identify and fix vulnerabilities.

KuCoin also stores the majority of its users’ assets in offline cold wallets, which are not connected to the internet and therefore less susceptible to hacking and other online threats. Additionally, KuCoin uses multiple signature technology to ensure that assets can only be moved with the consent of multiple parties.

KuCoin also requires its users to go through a Know Your Customer (KYC) and account verification process before they can start trading on the platform. This is designed to prevent money laundering and other illicit activities.

KuCoin also provides a feature called “two-factor authentication” (2FA), which requires users to enter a code from their mobile device in addition to their password to access their account. This helps to ensure that only authorized individuals can access a user’s account, even if their password is compromised.

Additionally, KuCoin’s customer support team is available 24/7 to assist users with security-related issues and to monitor suspicious activity on the platform.

While KuCoin has employed robust security measures, it’s always important for users to practice safe security measures such as keeping their passwords and other login credentials private, enabling two-factor authentication, avoiding phishing scams, and keeping an eye on the official website for security-related updates.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

Cryptocurrencies available on KuCoin

KuCoin is a cryptocurrency exchange that offers a wide range of cryptocurrencies for trading. The exchange currently lists over 500 cryptocurrencies including some of the more popular and widely-traded coins such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP) and more.

KuCoin also lists a number of less well-known, but still promising projects and coins, including smaller market capitalization coins, new projects and utility tokens, many of which may not be available on other exchanges.

In addition to the spot trading, KuCoin also offers leveraged token trading, which allows users to trade on margin and gain leveraged exposure to the price movements of various cryptocurrencies.

KuCoin also offers Over-The-Counter (OTC) trading for large-scale trades, which enables users to trade high-volume trades without causing market fluctuations.

KuCoin also has its own token called KuCoin Shares (KCS) which is used to pay for trading fee and other services on the platform.

It’s worth noting that the exchange might add new coins to the list constantly and delist others, depending on the market trends, project’s performance, legal requirement and other factors. Users should always check the official website for the most up-to-date information on the coins available for trading on KuCoin.

KuCoin Exchange Platform Design and Usability

KuCoin is a cryptocurrency exchange that prides itself on its user-friendly and easy-to-use platform design. The website is intuitive and well-designed, making it simple for both experienced traders and newcomers to navigate and find the features they need.

The platform’s design allows users to easily view market data, including current prices, trading volumes, and order books for the cryptocurrencies they are interested in. Users can also view their account information, manage their orders and trades, and track their portfolio’s performance all in one place.

KuCoin also provides various tools and resources to help traders make informed trading decisions, such as price alerts, cand stick chart and trading view chart, etc.

In terms of usability, KuCoin has a clean and straightforward layout that makes it easy for users to access the various features and tools on the platform. The platform is easy to navigate and users can find the information they need quickly and easily. The platform is also available in multiple languages, making it accessible to a wider audience.

KuCoin also has a mobile app for users to access and manage their accounts on the go, the app is available for both Android and iOS and the design is similar to the web version, making it easy for users to transition between the two.

Overall, KuCoin’s platform design and usability are well-done and make it easy for users to access and manage their accounts on the platform, making it a convenient and user-friendly choice for cryptocurrency traders.

KuCoin is a beginner-friendly cryptocurrency exchange that offers multiple ways for users to buy, hold, and earn through its various features. The exchange itself is the most commonly used feature on the platform, and it’s designed to be easy to use for both experienced traders and newcomers.

To make a spot trade on KuCoin, users can simply click on the “Markets” tab at the top of the screen and they will be presented with a list of hundreds of tokens and fiat pairs available for trading. The platform uses TradingView for its trading charts, providing traders with a robust set of tools for technical analysis.

The exchange interface is user-friendly, with clear sections for order placement, markets, order book, recent trades, open orders, stop orders, and order history. KuCoin supports various types of orders, such as Limit, Market, Stop Limit, and Stop Market. Additionally, traders can specify extra order characteristics such as Post-Only, Hidden, or Time in Force (Good till Cancelled, Good till Time, Immediate or Cancel, and Fill or Kill) based on their trading tools and strategy.

KuCoin’s user-friendly design and various features make it an easy to use platform for buying and selling cryptocurrencies, allowing users to manage their accounts effectively and efficiently.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

For futures trading, KuCoin offers two different trading screens. A Lite version that looks like this:

And the Classic version which offers more comprehensive trading features, which looks like this:

Deposits and Withdrawals at KuCoin

KuCoin is a cryptocurrency exchange that offers a variety of options for users to deposit and withdraw funds from their account.

Deposits: KuCoin allows users to deposit funds into their account through a variety of methods including bank transfer, credit/debit card, and supported cryptocurrencies. Cryptocurrency deposits are typically credited to the user’s account within a few minutes. Bank transfers and credit/debit card deposits may take longer to be processed and credited to the user’s account. There’s usually no deposit fees for the supported fiat and crypto options.

Withdrawals: Users can withdraw funds from their KuCoin account to a bank account, credit/debit card or a cryptocurrency wallet. Withdrawals are typically processed within a few minutes for cryptocurrencies and within 1-3 business days for fiat. There are withdrawal fees that vary depending on the cryptocurrency. Some coins can be withdrawn without fees but others may require a higher fee or even not be supported at all.

KuCoin also has withdrawal limits in place to protect the security of its users’ accounts. These limits vary depending on the user’s verification level and can be increased by submitting additional personal information. Users can check their withdrawal limits in the account settings.

It’s worth noting that deposits and withdrawals may be subject to change, it’s always a good idea to check the official website for the most up-to-date information on the deposit and withdrawal options and fees. Additionally, users are responsible for any fees charged by their bank or card issuer.

KuCoin Token KCS: Uses and Performance

KuCoin Token (KCS) is the native token of the KuCoin cryptocurrency exchange. The token has a number of uses on the platform, including as a means of paying for trading fees and other services.

One of the main uses of KCS is to pay for trading fees on the KuCoin exchange. When a user trades on KuCoin, they can choose to pay their trading fees in KCS rather than in the currency they are trading. If a user pays their trading fees in KCS, they will receive a discounted rate on their fees. This can result in significant savings for users who trade frequently on the platform.

Another use of KCS is to receive daily dividends. KuCoin distributes a percentage of its daily trading fees to KCS holders in proportion to the amount of KCS they hold in their account. This means that the more KCS a user holds, the more they can earn in dividends.

KCS can also be used to participate in token sales and trading competitions on KuCoin. These events allow users to buy new tokens at discounted prices or win prizes for trading certain assets.

In terms of performance, KCS has been a volatile asset with its value is influenced by various factors such as the KuCoin platform’s performance, the overall crypto market conditions, and the number of KCS being held by users. The price of KCS had a significant rise in early 2018 and went through a bear market as well as the overall crypto market had. However, in recent times KCS has seen a steady increase. As always, it’s important to keep in mind that cryptocurrency prices can be highly volatile, and one should conduct their own research and consider their own risk tolerance before investing in any cryptocurrency.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

Altogether, the bonuses offered by KuCoin return 90% of the collected fees back to the community.

Let’s take a look at how the KCS token has performed:

In the 2021 bull run, many platform tokens, such as Binance Coin (BNB), FTX Token (FTT) and Cronos token, saw significant growth, and KuCoin’s KCS token was no exception.

Prior to 2021, KCS traded relatively flat and experienced a steady growth over the years, before experiencing an explosive rise in value. In November 2021, KCS reached an all-time high of $27, marking a 2,100% increase from its previous value of $0.84, This remarkable increase in value indicates the high level of bullish sentiment among investors towards the KuCoin exchange and its token. The growth of KCS demonstrate how KuCoin as a platform has performed well, and have been recognized as one of the top exchange in crypto space.

KuCoin Customer Support

KuCoin is a cryptocurrency exchange that places a strong emphasis on customer support. The exchange has a dedicated customer support team that is available 24/7 to assist users with any questions or issues they may have.

KuCoin’s customer support team can be reached through a number of channels, including live chat on the website, email, and social media platforms. The exchange’s support team is also active on Telegram, Twitter, and other social media channels, where they often provide updates and answer users’ questions.

KuCoin also has an extensive FAQ section on their website which has answers to common queries that users may have. This can be helpful for users who prefer to find answers to their questions on their own.

Overall, KuCoin’s customer support team is responsive and helpful, providing quick and efficient assistance to users when needed. Additionally, the exchange also has a help center that provides guides and tutorials on how to use the platform.

This was the response, meme added by me for dramatic effect:

KuCoin Top Benefits Reviewed

KuCoin is a cryptocurrency exchange that offers a variety of benefits to its users. Some of the top benefits of using KuCoin include:

1. Wide range of trading pairs: KuCoin offers more than 400 trading pairs, giving traders a wide range of options when it comes to buying and selling cryptocurrencies.
2. Low trading fees: KuCoin has some of the lowest trading fees in the industry, and users can also receive a discount on trading fees by paying with the KuCoin Token (KCS).
3. Margin trading: KuCoin offers margin trading with leverage of up to 5x, allowing traders to multiply their profits without having to invest a lot of funding.
4. Dividend payouts: KuCoin pays out daily dividends to KCS holders in proportion to the amount of KCS they hold in their account. This can be a great way for users to earn additional income from their holdings.
5. Security: KuCoin has implemented a number of security measures to protect its users’ assets, including a multi-tier and multi-cluster system architecture, 2FA, and SSL encryption.
6. 24/7 customer support: KuCoin has a dedicated customer support team that is available 24/7 to assist users with any questions or issues they may have. They provide support in multiple languages and can be reached via live chat, email, and social media platforms.
7. Advanced trading tools: KuCoin provides various tools such as TradingView chart, advanced order types and Market Making Service(MMS) that allow traders to make informed trading decisions and manage their portfolios effectively.
8. User-friendly interface: KuCoin’s platform design is intuitive, user-friendly and easy to navigate, making it accessible for both experienced traders and newcomers.
9. Mobile App: KuCoin’s mobile app is available on both Android and iOS platforms, that offers similar functionality as the website, which allows users to access and manage their accounts on the go.
10. P2P trading: KuCoin offers P2P trading, which allows users to buy and sell crypto assets with zero trading fees and offers more privacy options.

Overall, KuCoin is a highly-rated cryptocurrency exchange, it offers a wide range of features and benefits for traders, making it an attractive choice for users looking to buy, sell, trade, and earn from cryptocurrencies.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

What Can Be Improved?

KuCoin is a reputable cryptocurrency exchange that offers a wide range of features and benefits for users. However, there are a few areas where the exchange could improve:

1. Limited fiat options for deposits and withdrawals: KuCoin currently only supports a limited number of fiat options for deposits and withdrawals, which can be a hindrance for users who want to move money in and out of the platform using traditional currency.
2. Withdrawal limits: KuCoin has withdrawal limits in place to protect the security of its users’ accounts, but these limits can be restrictive for some users and can be increased only by submitting additional personal information.
3. Limited Educational Resources: While KuCoin has an extensive FAQ section on their website and also provide guides and tutorials on how to use the platform, they can improve on having more educational resources such as videos and articles that could help educate users on the crypto-trading and other crypto-related topics.
4. Limited geographical coverage: KuCoin’s services may not be available in certain countries or regions, which can be limiting for users who live in those areas and want to access the platform.
5. Limited number of supported countries for P2P trading: P2P trading is only available for users in a limited number of countries which may restrict some users from accessing this feature of KuCoin.
6. Limited staking options: KuCoin currently only supports a limited number of tokens for staking, which can be a limitation for users who want to earn rewards for holding certain assets.
7. No options for stop loss: KuCoin does not currently offer the option for stop loss, which could be useful to help users minimize losses when the market is unstable.

In summary, while KuCoin is a reputable and user-friendly exchange, it could benefit from more fiat options, higher withdrawal limits, more educational resources, wider geographical coverage, more staking options and stop loss feature to improve its overall user experience.

KuCoin Review Conclusion

KuCoin is a reputable and user-friendly cryptocurrency exchange that offers a wide range of features and benefits for users. The exchange has a wide variety of trading pairs, low trading fees, margin trading, dividend payouts, and a user-friendly interface. KuCoin also has a dedicated customer support team that is available 24/7 to assist users with any questions or issues they may have.

However, KuCoin has some limitations as well. The exchange currently only supports a limited number of fiat options for deposits and withdrawals, has withdrawal limits in place, limited educational resources, limited geographical coverage, limited number of supported countries for P2P trading and limited staking options. Additionally, KuCoin currently does not offer the option for stop loss.

Overall, KuCoin is a solid choice for users looking to buy, sell, trade, and earn from cryptocurrencies. Its low trading fees, wide range of trading pairs and user-friendly interface make it easy to use and accessible for both experienced traders and newcomers. However, its limitations should be taken into account when evaluating the exchange. As always, it’s important to conduct your own research and consider your own risk tolerance before investing in any cryptocurrency exchange.

➔ Open your free trading account with Kucoin now

(Risk warning: 75.59% of retail CFD accounts lose)

wdt_ID	#	SYMBOL	Forex Broker	Website	Year	Regulation
1	1		FTX	Open an Account	2.019	Cyprus Securities and Exchange Commission
2	2		KUCOIN	Open an Account	2.018
3	3		GATE.IO	Open an Account	2.017
4	4		BITFINEX	Open an Account	2.012
5	5		HUOBI	Open an Account	2.018
6	6		FTX US	Open an Account	2.017	DCM, DCO, SEF
7	7		LBANK	Open an Account	2.017
8	8		MEXC	Open an Account	2.018
9	9		OKX	Open an Account
29	10		POLONIEX	Open an Account
36	11		XT.COM	Open an Account	2.018
37	12		UPBIT	Open an Account
38	13		PHEMEX	Open an Account
39	14		BITTREX	Open an Account
40	15		AAX	Open an Account
41	16		BITRUE	Open an Account
42	17		WHITEBIT	Open an Account
43	18		BIGONE	Open an Account