- Low trading fees
- Range of available cryptocurrencies
- Automated and margin-based trading available
- Fee discounts for KCS trading
- No verification needed
- Interface can be complex for beginners
- Limited payment methods
- Not licensed in US
KuCoin crypto exchange founded in Hong Kong, in 2017. Platform has one of the largest trading pair selections, which consists of more than 400 digital assets and 600 pairs. There are also more than 50 fiat currencies available. Huge amount of pairs makes a daily trading volume of more than 1 billion USD.
Buy crypto
There are 3 methods of buying crypto available on KuCoin exchange: instant buy with credit/debit card, P2P trade and third-party payment provider. There are calculators available for you to check which payment methods fits you more. Usually, it is possible to find a better deal using peer-to-peer (P2P) method, however this type of transaction can take some time, because payment is made through bank transfer. In case you want to buy crypto instantly, the best option will be using your credit/debit card or any other third-party payment method in case you don’t have one.
Fees
There are 10 levels of fees available to the customers. The level is defined according to your last 30-day trading volume and can get as low as 0.0125%/0.03% maker/taker fee. Users will also get up to 20% transaction fee discounts depending on the amount of KuCoin coin (KCS) they are holding.
Trading
KuCoin platform supports 3 trading options: spot trading, margin trading and trading bot. Margin trading allows you to trade with up to 10x leverage. There is also an opportunity to entrust your assets to KuCoin trading bot by selecting investment strategy. The strategy usually depends on your investment experience and period of investment.
Bonuses and promotions
Nice feature of the platform is number of available bonuses for completing different tasks and cryptocurrency staking. All these will allow you to make some extra profit while using the platform.
KuCoin (KCS)
KuCoin coin (KCS) is a cryptocurrency that is exclusively available on KuCoin exchange. KuCoin is an ERC-20 token running on the Ethereum network and majority of Ethereum wallets support the token . KCS has proven to be a good investement by multiplying its value by 20 times since launch of the coin. Owning KCS also provides you with some benefits on KuCoin exchange.
