Cryptocurrency has developed into a reputable and well-liked investment asset during the last ten years. This investment process is made simple and enjoyable by exchanges like KuCoin. Two “tech geeks” who were “early blockchain adopters” allegedly launched this exchange several years ago, according to KuCoin. In 2013, the duo started coding the code for KuCoin in a coffee shop, and they succeeded in making the site the “Peoples’ Exchange.”

Since its modest beginnings, KuCoin has grown to over ten million investors and is well-known in the cryptocurrency community. The KuCoin Token (KCS), the exchange’s own coin, is even available. Currently, KuCoin is “developing an ecosystem” around its KCS.

KUCOIN Pros & Cons

Who Should Consider Using KUCOIN?

KuCoin is most appropriate for “experienced” traders and investors. The exchange is creating a wide range of instructional resources. They could find a “Beginner’s Guide” to learn more about trading if they are too inexperienced.

KUCOIN Features

Markets: As we previously mentioned, one of KuCoin’s best features is that it offers its customers a wide variety of coins. Among them are popular coins like BTC, ETH, BNB, USDC, XRP, SOL, LUNA, KCS, and others. In total, this exchange supports more than 700 different cryptocurrencies.

KuCoin also offers the opportunity to “Earn” cryptocurrency. KuCoin Earn is another option available to you besides Crypto Lending. At its core, KuCoin Earn is a wealth management service. To increase your cryptocurrency earnings, you can use products like savings, staking, and promotions.

Trading: Use KuCoin for spot trading and margin trading. Also available is “Trading Bot.” These “Trading Bots” are open-source software extensions that enable customers to automate trading. KuCoin currently supports a variety of strategies, including Spot Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, Infinity Grid, and others. You can trade automatically with the aid of these automated bots. Simply choose your preferred strategy, put money into it, and start making money.

Win KuCoin: With this feature, KuCoin win combines token listing and entertainment. KuCoin’s first game offering, LuckyRaffling, is a fun way to win prizes while investing. Users of KuCoin can choose prizes, divide codes into smaller pieces, and trade cryptocurrency for the codes. KuCoin selects one lucky code at random after the codes are all sold out. The prize will be awarded to the owner of that winning, raffled-off code.

Crypto Loans: You can lend out cryptocurrency using this feature and receive interest. With the amount, terms (between 7 and 28 days), and interest rate you choose, KuCoin provides you with a “Estimated Profit.”

Spotlight. Another “hot” feature of KuCoin is its “SPOTLIGHT.” This launch platform supports cryptocurrency products in their early stages. It enables users to take part in the early funding stages of the projects they are most interested in, and there is a chance to make a sizeable profit with a low threshold.

We will go over more of what KuCoin has to offer its investors in this section, including its markets, trading, derivatives, and cryptocurrency buying.

• Type of Broker: Cryptocurrency
• Regulation & Licensing: Seychelles 
• Clients Accepted from: United Kingdom, Australia, Russia, Germany, India, and more (10 million investors in total)
• Assets Offered: 700+ Cryptocurrencies, NFTs
• Platforms Available: Web, Mobile
• Mobile Compatibility: iOS, Android
• Payment Types Accepted: Credit Card, Bank Transfer, Apple Pay

Account Types KUCOIN

• Features: Up to 500USDT in “Newbie Bonuses”
• Account Currencies: USD, EUR, CAD and more
• Available Leverage: 10x (Margin) 100x (Futures)
• Minimum Deposit: 0$
• Starting Spreads: –
• Commission Per Trade: –
• Decimal Pricing: –
• Trading Instruments: Cryptocurrency
• Min. Lot Size Per Trade: Depends on Coin
• Max Lot Size Per Trade: Depends on Coin
• Demo Account: Yes
• Swap/Rollover Free: –
• Copy Trading Support: Yes

KUCOIN Regulations and Security

KuCoin complies with Seychelles regulatory regulations as a worldwide cryptocurrency exchange operating there. KuCoin also aggressively promotes process compliance in numerous nations and areas while maintaining a high level of attention to the regulatory policies of various nations.

Let’s examine what other users are saying about the dependability of KuCoin. KuCoin was said to as a “safe” cryptocurrency exchange by Marketplace Fairness where you may trade “comfortably.” According to TIME and CryptoNews, “most users agree” that this exchange is “safe and dependable.” According to NextAdvisor, KuCoin is a “good choice” for those who believe themselves to be “more advanced”. KuCoin employs additional security tools like Google Authenticator to assist protect assets and account information, which is one reliability highlight.

Conclusion on KUCOIN

KuCoin is a well-known international exchange that is among the top 5 cryptocurrency exchanges according to CoinMarketCap and has won awards from Forbes and The Ascent. KuCoin provides a variety of cryptocurrencies as well as a number of intriguing, exclusive features. Even though this exchange has certain “cons,” there are many positive aspects to it. The fact that KuCoin has amassed 10 million clients suggests that it is doing something right.