KuCoin is a leading cryptocurrency exchange founded in September 2017. KuCoin was founded by a group of blockchain enthusiasts who believe in the power of cryptocurrencies to change the financial world. Since its inception, KuCoin has experienced rapid growth and has attracted millions of users worldwide.
Including spot and futures trading, an over-the-counter (OTC) trading platform, and a proprietary token (KCS), KuCoin offers many options for its users.
KuCoin also puts a lot of focus on the security of the exchange. Among other things, KuCoin uses insurance to protect user funds from possible security breaches.
With users around the world (more than 200 countries), the platform offers support in multiple languages and has a customer service team ready to serve its users 24/7.
Take advantage of additional bonuses through KUCOIN
Not using KUCOIN yet? Then quickly sign up and take advantage of attractive bonuses and promo codes. KUCOIN also regularly has attractive actions and promotions for its users.
Sign up here:
Review on KUCOIN
In order to make a good judgment about KUCOIN as a trading platform, the platform was assessed based on four pillars:
- Trading costs
- Platform security
- Tokens Available
- Platform liquidity
KUCOIN Trading Fees
KUCOIN offers trading fees ranging from 0.03% to 0.1%, making the trading fees very competitive in the market. The platform distinguishes between takers fees and makers fees. The takers fee starts at 0.1% and decreases to 0.03%, the higher the volume the lower the fee. The makers fee starts at 0.1% and decreases to -0.005%. Again, the higher the volume the lower the fee.
KUCOIN offers the most common payment methods, below is an overview of the payment methods along with the necessary fees.
Fast Trading on KuCoin enables fast transactions, which is essential given the rapid price fluctuations in the crypto market. Thanks to powerful servers and advanced algorithms, orders are executed immediately, even during peak volatility. Users also have access to real-time data and analysis tools, aiding in making quick and well-informed trading decisions. For efficient and rapid trading, Fast Trading at KuCoin is an indispensable feature.
For fast trading you can use the following payment methods:
P2P trading on KuCoin enables direct transactions between buyers and sellers of cryptocurrencies, with KuCoin acting as a secure intermediary. This method offers flexibility and is ideal in areas with limited access to banking services. KuCoin ensures the safety of the transaction by temporarily holding the crypto assets until the payment is completed, making P2P trading a reliable option for trading cryptocurrencies.
Below you find a brief example of it's way of working.
Third-party trading at KuCoin involves using external platforms or services for additional trading options, ranging from payment gateways to trading bots. Although they potentially offer advantages, it is crucial for users to evaluate the safety and reliability of these services themselves, as KuCoin does not have the same level of control over them as it does over its own platform. For third party trading you can use for example the following payment methods:
KuCoin stands today as a reliable cryptocurrency exchange. The platform has established a strong reputation for security, with advanced security systems and protocols to protect user funds and personal data. KuCoin also uses insurance to protect users' funds in the event of a security breach.
This has been different in the past. For example, the platform was hit by a major hack in September 2020, in which more than $280 million in user funds were stolen. KuCoin responded quickly to the incident at the time, working with other exchanges and blockchain projects to recover the stolen funds. Ultimately, KuCoin was able to recover a large portion of the stolen funds and reimburse users for lost funds.
KuCoin learned from this and took security measures. The platform is doing this based on the following points:
All sensitive user information is stored encrypted, and communication between the user and the servers is through secure SSL connections.
Cold and Warm Wallets
KuCoin uses a combination of cold and hot wallets to ensure the security of user funds. Most of the funds are kept in cold wallets, which are offline and thus inaccessible to online attackers.
Two-factor authentication (2FA)
Users are encouraged to enable 2FA, which adds an extra layer of security when logging in and performing transactions.
KuCoin provides anti-phishing features to help users identify fake websites and phishing attempts.
Regular Security Audits
The platform undergoes regular security audits to identify and address vulnerabilities before they can be exploited.
Incident Response Plan
KuCoin has an incident response plan ready in case a security incident occurs, to act quickly and effectively and minimize damage.
The platform provides 24/7 customer service (worldwide).
Supported Cryptocurrencies on KUCOIN
KuCoin already has over 700 available cryptocurrencies to trade, buy and sell. They are forever listing new cryptocurrencies, so keep a close eye on new crypto gems that hit the market!
The KuCoin Chart
One of the most valuable tools on KUCOIN is the advanced chart feature. It allows users to perform technical analysis on various cryptocurrencies and monitor market trends. The KuCoin chart is an essential tool for traders to make informed decisions when trading.
Take advantage of additional bonuses through KUCOIN
Not using KUCOIN yet? Then quickly sign up for an account here and take advantage of attractive bonuses and promo codes. KUCOIN also regularly has attractive actions and promotions for its users.
KuCoin Products & Services
Although there are a few reasons why KuCoin is a leading Centralized Exchange, one primary reason is the amount of Products & Services the platform has to offer. Let’s take a quick dive through them:
Where it all started and at the heart of KuCoin is Trading. Users can either Spot trade or Margin trade, depending on their desired risk tolerance and trading experience. KuCoin has the ultimate trading tools to perform accurate and profitable trading decisions, whether novice or pro.
For those who are looking for passive income or have minimal time or experience to trade, you can take advantage of KuCoin’s awesome Trading Bot which is able to execute trades automatically 24/7 around the clock.
This is where Traders spend most of their time. Predicting the future outcome of their favourite cryptocurrencies. KuCoin has a wide range of 205 Tradable Futures Contracts including USDT, USDC and Coin-Margined Contracts.
KuCoin is a respected platform to perform long/short trades, offering a one-of-a-kind safe and transparent trading experience. Those who don’t have the risk appetite for trading futures can utilise KuCoin’s Futures Grid Bots which are able to execute long/short strategies! So it’s up to you if you want to leave your fate in the power of the machine.
Everyone wants an easy and profitable source of passive income. Welcome to KuCoin Earn, the legendary asset manager which helps you to invest and earn a stable source of income.
Within KuCoin Earn, there are many features through which you can earn passive income, whether you have a high or low-risk tolerance. Here are some cool and exciting earning features broken down into sub-categories:
KuCoin Earn – Balanced
- Savings - Deposit and invest in large cryptocurrencies and enjoy daily compounding! Albert Einstein once said, “Compound Interest is the 8th wonder of the world”.
- Staking - Earn a stable and reliable source of passive income through KuCoin’s on-chain Staking.
- KCS Bonus - Hold KuCoin’s token KCS to earn juicy daily bonuses.
- Promotions - Certain limited-time assets will be listed to earn extra high yield, with limited subscription slots.
KuCoin Earn – Advanced
- Shark Fin - Guarantee your ROI and earn bonus rewards by using Shark Fin to invest in USDT and earn a variable APR%.
- Dual Investment - Users can Buy low and Sell high which allows you to earn high returns with transparent return calculations.
- Snowball (Protective Earn) - Earn a stable interest with protection from fluctuation. Price Protection will vary.
KuCoin Earn – Specialized
- Crypto Lending - Lend out your assets and earn interest! (Fixed terms)
- Crypto Lending 2.0 - Lending V2 allows you to lend your crypto with ultimate flexibility. No need to lock up those assets, you can withdraw at any time.
- Spotlight - KuCoin’s very own Launchpad!
- KuCoin Pool - Bitcoin and Litecoin Miners can join the superior KuCoin PoW (Proof-of-Work) mining pool and save an APR of up to 3%!
In conclusion, KUCOIN is an excellent exchange with a great variety of tools, cryptocurrencies and security. It would be great to see Margin and/or Futures trading integrated to the KUCOIN exchange, but for now, Market & Limit orders will have to do!
- USP 1
- USP 2