Kucoin.com Crypto Exchange Review : It Is Good Or Bad ?

Kucoin.com Crypto Exchange Review : It Is Good Or Bad ?

About Kucoin Crypto Exchange

Behind Kucoin are two tech geeks who were early blockchain adopters. Having started coding at the age of 8 and founded his first startup at the age of 16, Michael heard about Bitcoin in 2012 from his boss Eric, and immediately started to mine. While he tried to sell some BTC on Mt. Gox, he discovered that, what was the world’s largest platform at the time, was difficult for beginners to use.

As the adoption of blockchain continued, Michael and Eric realized that it was reshaping the financial system, building a new system that not only serves the few richest, but everyone in the world – even the uneducated, unemployed and unbanked. By the end of 2013, they wrote down the first code in a cafe, beginning the journey of People’s Exchange to allow everyone to get involved with crypto.

Kucoin Exchange Basic Points

Exchange NameKucoin
Accepted Payment MethodsCrypto to Crypto, Crypto to FIAT
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Min Withdraw5000 CSP
Taker & Taker fee0.1%/0.1%
Withdraw Fee 1000 CSP
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Kucoin Exchange ?

It Is Very Easy To Sign Up At Kucoin Exchange . Just Click On Sign Up Button At Kucoin Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Kucoin Exchange ?

Once your Kucoin account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen.
Choose which currency you want to deposit with (BTC/USDT/ETH/DOGE) and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Kucoin Exchange ?

Once your account is funded, you can then begin day trading at Kucoin. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Kucoin Exchange ?

Withdrawing your funds from Kucoin is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

How To Verify Id At Kucoin?

You Can Start Trading On Kucoin Without Going Through The Verification Process, However, In Order To Trade Fiat Currencies For Bitcoin Or To Trade With Stablecoins, Id Verification Is Needed. Depending On The Account Type (Individual Or Corporate), The Exchange Can Require Additional Documents.

Kucoin Fees

Deposit: Free

Withdrawal Fee Rate

CoinWithdrawal FeesMin. Withdrawal
CSP Caspian1000 CSP5000 CSP
OXEN Oxen2 OXEN2 OXEN
NRG Energi0.2 NRG0.3 NRG
FET Fetch.Ai46 FET100 FET
XMR Monero0.001 XMR0.002 XMR
RBTCRSK Smart Bitcoin0.00015 RBTC0.0002 RBTC
RIFRIF Token10 RIF20 RIF
ANKR Ankr Network140 ANKR500 ANKR
DX DxChain7500 DX15000 DX
MTV MultiVAC2000 MTV15000 MTV
TRT LTurtle Coin20000 TRTL80000 TRTL
CROCrypto.com Coin100 CRO400 CRO
SPND Spendcoin450 SPND1000 SPND
OPT Optimus60 OPT120 OPT
RFOX RedFox80 RFOX160 RFOX

 Above fee levels are based on trading pairs with 0.1% maker fee and 0.1% taker fee, which do not apply to some of the trading pairs. Please check the exact trading fee rate on the trading page.

Kucoin Mobile App

The is the most popular bitcoin exchange that you can buy and sell bitcoin securely. This is an official App of that provides you easy, safe and fast digital assets information.

Kucoin.com Crypto Exchange Review : It Is Good Or Bad ?

Is KuCoin Safe?

Before depositing your own money, it is always important to know whether it’s safe or not. Of course, you have to trust that your funds are going to be safe and secure. Third-party exchanges operate on a centralized server, meaning that if it were to be hacked, then your coins could be at risk. Does this happen in the cryptocurrency industry? Yes, unfortunately, all the time!

For example, in late 2017, it was reported that the total amount of coins that has been hacked in the history of cryptocurrency was over $15 billion. There have been some additional hacks since then so this number is now even higher!

So is safe and if so, how? Firstly, the website is protected by an encryption protocol that keeps private account information secure.  Furthermore, whilst writing this review, They also discovered that there is an internal risk department that is there to ensure user funds are safe.

KuCoin Exchange Features

Technology-driven products

They are leveraging trendy technologies to create handy services for all, allowing more people to get access to the greatness of blockchain.

Community for everyone

As an exchange of, for and by the people, we’re developing a community that everyone can approach and let their opinions be heard while benefiting from the growth.

KCS – The key unlocking KuCoin ecosystem

They are developing an ecosystem around KuCoin Token (KCS), which will be your guide into a thriving decentralized world built by all community members.

Conclusion

In summary, Kucoin has one of the most comprehensive listings of supported coins, subsequently allowing you to buy and sell more than 100 different cryptocurrencies. Moreover, if you are an advanced trader that likes to use top-grade charting analysis tools with significant volumes of liquidity, then Kucoin might suffice.

If you are yet to open an account at Kucoin, we would instead suggest using Coinbase. They are regulated by both the FCA and CySEC, offer multiple fiat currency deposit options, and the only trading fees you pay is via the spread.

  • bitcoinBitcoin (BTC) $ 53,971.00
  • ethereumEthereum (ETH) $ 4,251.64
  • binance-coinBinance Coin (BNB) $ 597.92
  • tetherTether (USDT) $ 1.01
  • solanaSolana (SOL) $ 216.69
  • cardanoCardano (ADA) $ 1.59
  • xrpXRP (XRP) $ 0.934229
  • usd-coinUSD Coin (USDC) $ 1.00
  • polkadotPolkadot (DOT) $ 34.09
  • dogecoinDogecoin (DOGE) $ 0.200969
  • terra-lunaTerra (LUNA) $ 68.23
  • avalanche-2Avalanche (AVAX) $ 107.76
  • shiba-inuShiba Inu (SHIB) $ 0.000041
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.631307
  • matic-networkPolygon (MATIC) $ 2.31
  • binance-usdBinance USD (BUSD) $ 1.01
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 53,761.00
  • litecoinLitecoin (LTC) $ 190.50
  • algorandAlgorand (ALGO) $ 1.77
  • chainlinkChainlink (LINK) $ 23.59
  • bitcoin-cashBitcoin Cash (BCH) $ 539.36
  • uniswapUniswap (UNI) $ 20.23