KuCoin: KÚCỔIN | LỔGIN - USA

KuCoin exchange is suitable for both experienced traders or beginners. KuCoin Summary. After the inception of the first cryptocurrency exchange, many others followed

Pros Explained

Ability to earn interest on crypto: KuCoin users can earn interest on their crypto by staking certain assets or lending them to others and charging interest. Earning rewards on your crypto can help you build a larger portfolio.
Wide selection of cryptocurrencies: Unlike some exchanges that offer a few dozen cryptocurrencies available for trade, KuCoin offers over 700.
Low fees: Compared with other major exchanges, KuCoin offers relatively low trading fees. Users can expect to pay between 0.005% and 0.10% per trade, and a 20% discount on trading fees is offered when using its token, KuCoin Token (KCS).

Cons Explained

Not licensed in the U.S.: KuCoin is not licensed in the United States, so U.S.-based users should consider other exchanges.
Poor user reviews: While negative reviews are common with crypto exchanges, KuCoin’s user reviews are especially poor. Reviewers report problems with withdrawals, customer service, and issues with market manipulation.

Introduction

KuCoin is a large cryptocurrency exchange offering the ability to buy, sell, and trade cryptocurrencies. In addition to basic trading options, the platform offers margin, futures, and peer-to-peer (P2P) trading. Users can also choose to stake or lend their crypto to earn rewards. Compared to some competitors, KuCoin offers low trading fees, making it an attractive option.

Last updated 1 year ago