I trade cryptocurrency, and all of my trader friends use the same KuCoin exchange account. We all like the first palace and think the platform offers a diverse range of trade opportunities.
The largest cryptocurrency exchange in the world is KuCoin, with $12.6 billion in trading volume in a single day. This provides a variety of currencies and tokens to trade, as well as several functions.
Suppose you’ve prepared to begin investing in cryptocurrencies or looking for the ideal platform for trading cryptocurrencies. The best choice for you could be KuCoin. Today, it is the platform with the quickest growth.
The fundamentals of KuCoin, a how-to manual, information on fees and limits, and the most recent improvements for traders and investors are all covered in this guide. Let’s investigate this exchange review right away!
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What is KuCoin?
For a variety of digital assets and cryptocurrencies, KuCoin serves as a global cryptocurrency exchange. Since its September 2017 launch, KuCoin has become one of the most well-known cryptocurrency exchange, with more than 8 million users registered in 207 different nations and territories.
A verified cryptocurrency account can invest in and purchase cryptocurrency using several methods.
- Direct bank deposits using debit and credit cards or fiat money.
- P2P Exchange: A fee-free peer-to-peer asset exchange.
Is it legitimate and safe?
KuCoin is indeed wholly secure. Most users worldwide have faith in it. KuCoin takes security very seriously. It introduced BNB auto burn, which aids in developing a stable blockchain system.
Additionally, 2FA (Two-factor authentication) has been implemented, requiring you to provide a code each time you log in.
Other security features like SAFU, whitelisting, and offline (cold) wallet storage help KuCoin stand out and be in front of the competition.
If KuCoin is unfamiliar with the source of your login attempt, you must email KuCoin to confirm.
It has already been hacked, yet traders still regard it as the top cryptocurrency exchange. The only thing the site gains from its rising popularity is more users.
KuCoin Charges and Caps
With trading costs ranging from 0.0125 percent to 0.1 percent, depending on your tier level, KuCoin offers a tiered maker/taker fee scheme. When compared to rivals, which may charge up to 0.50 percent every trade, its costs are comparatively inexpensive.
Supported Currencies by KuCoin:
The platform of KuCoin supports 1432 trade pairs and 600+ crypto coins.
- KuCoin Coin
Crypto-to-crypto and crypto-to-fiat trades are two of the most common trading pairs supported by KuCoin.
How can I sign up for KuCoin?
The procedures that must be performed in order to register on KuCoin are as follows:
Visit the KuCoin website. Go to the symbol for the registration.
Fill up the necessary details, including your email address, cellphone number, and password.
You will receive a verification code on your email from KuCoin. Press “enter.”
It would initially be challenging for beginners to comprehend KuCoin. Numerous client complaints are made concerning the service’s lack of user response.
Many clients lament the blocking of their accounts. The token is lost when they fail to provide an explanation. They misunderstand you and cancel people’ accounts without getting permission.
It is active on social media platforms including Facebook, Twitter, Instagram, and Youtube.
Using a KuCoin jersey will provide you access to a 24-hour chat service.