All you need to know about kucoin exchange
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What is Kucoin?
KuCoin refers to a cryptocurrency tradeoff launched on September 15th, 2017. The forum uses KuCoin financial assets (KCS) comparably to Binance. You acquire discounts on tradeoff fees whenever you utilize their KuCoin financial assets. They purpose to be a more convenient exchange relative to traditional exchanges accessible today. The forum stakes 90 percent of trading charges with its users, for instance. They similarly provide 24/7 customer provision and substantial referral bonus. This exchange is from Hong Kong.
KuCoin Shares (KCS) are the currencies that this exchange utilizes to conduct charges. Just how KuCoin makes use of KCS is the same way Binance uses BNB, which offers you discounts regarding trading fees. Maybe the biggest dissimilarity among the two exchanges is the fact that KuCoin gives 90% of its tradeoff fees with the present clients who own KCS.
Join KuCoin Now
KuCoin has a remarkable client interface that makes it simple it to accommodate fresh users. It naturally loads the finest prices and offers you an estimate of the number of coins you can acquire which helps to avert fat fingers similar to those frequently noticed on etherdelta.
KuCoin Exchange Features
Extremely Protected Wallet — KuCoin exchange review has ensured that its wallet is well secured with numerous layers of encoding. However, there is provision for an offline wallet that is protected by a bank.
24/7 Customer Support — It’s simple to get linked to a customer care professional at all times. You can always contact them via Telegram, WeChat, or their slack.
Passive Income — As cited beforehand you do obtain dividends for having their token. Because they share approximately 90 percent of their tradeoff charges as their capacity upturns so will the total amount you receive.
Early Prospects On Coins — Because they frequently list coins before other exchanges, you may be lucky to be among the few to capitalize on coins before anybody else. Their current listing is known Red Pulse Token (RPX). It had vast success since it almost doubled over a few hours before being listed.
Potential Concerns
· Unfortunately KuCoin at present provides no means of changing coins to US Dollars, therefore, you will be forced to send them to a different exchange to deposit it into your account.
· There is a very competitive marketplace. With other exchanges such as Bittrex, Binance and a couple more, they face stiff competition. Fortunately, KuCoin has become a niche whereby fresh coin pairs and coins come out first.
Conclusion
KuCoin is an up-and-coming exchange that has carved a niche for itself. Its referral program as well as it’s good to use of KCS coins enables it to get more and more popular. Use of a referral program with robust rewards enables its users to market it efficiently. If you need to ensure that you obtain coins before they are acquired by popular exchanges and upturn in value, then I extremely endorse using KuCoin. As you read above, the positives of this scheme far outweigh its disadvantages, therefore, investing here assures you of good prospects. All the best as you venture into the world of cryptocurrency.