Users are continually looking for a dependable exchange that follows stringent safety and security regulations and can provide the greatest services without downtime as cryptocurrencies gain traction worldwide.
KuCoin is a global cryptocurrency exchange commonly referred to as the “people’s exchange.” Forbes Advisor rated it one of the best crypto exchanges for 2021 because of its extensive range of offers, including 630+ trading assets and 1100+ trading pairings.
By simplifying the trading process, the exchange hopes to democratize finance for everyone. It’s as easy as picking an asset, pressing the buy button, and entering the quantity. In addition, the copy trading section of the platform allows users to browse the most successful techniques on the platform and build a portfolio that matches their expectations and returns.
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KCS is quick and painless:
To utilize these exchanges, you must first go through a lengthy verification process that includes supplying identification scans, photographs, and sometimes audio-video recordings. Only partial verification is required on KuCoin, with complete verification required only in the event of suspicious activity or if the withdrawal exceeds 2 BTC in 24 hours.
Superior services at a competitive price:
KuCoin’s trading costs are exceptionally low. Investors can get a discount depending on their average monthly holdings of KCS, the platform’s native token, or their trading volume from the previous month. There is no monthly cost. 50% of the exchange’s daily trading fees are distributed to its holders in proportion to the number of shares they own, with 6 KCS being the minimum required to earn the bonus.
The exchange invests 10% of its net profit in buying back kcs tokens and burning them every quarter to minimize inflation. The account’s VIP status improves as the user’s trading volume or KCS ownership increases, resulting in cheaper costs.
For worry-free trading, top-notch security is provided:
The platform, based in Seychelles, was founded in 2013 and is now ranked among the top five by CoinMarketCap. The bitcoin exchange has not had any major issues since its launch, and the platform does not suffer from any system overloads in general. Users can also use two-factor authentication on the site.
It did, however, experience a security breach in 2020, which resulted in a $285 million theft. Due to quick steps, collaboration with other crypto players, and improved blockchain monitoring capability, the exchange recovered 84 percent of the stolen tokens. The remaining loss was covered by leveraging the exchange’s funds and insurance.
Quick customer support:
A user can easily contact assistance via live chat or submit a request through the help center. Local communities have been established throughout Europe, Southeast Asia, and other countries to provide localized assistance.
What distinguishes it?
KuCoin Spotlight is a one-of-a-kind initiative for crypto businesses in the early stages of development and initial token distribution. It has so far backed 18 initiatives, all of which have gotten a lot of traction. LUKSO grew by 187 times, whereas PDEX climbed by 114 times. The most recent KuCoin Spotlight, CHMB, saw a 143x ATH return on investment.
KuCoin crypto lending accepts 70 different cryptocurrencies, ranging from 7 to 28 days. The daily interest rate is determined by the amount of interest charged. The APY on USDT, for example, ranges from 10% to 30%.
KuCoin|conclusion:
It is simple to program using rules based on the user’s approach, allowing for real-time execution. The bots are completely free and run in the cloud. It is not necessary to have a constant mobile or desktop connection. The user can observe which bots are the most effective daily or weekly and copy their configurations to make their own.
It also provides long-term trading strategies. Users can direct the trading bot to invest tiny amounts at particular periods throughout time instead of spending thousands of dollars on any coin. You can also view the live chart such as, BTCUSDT and ETHUSDT from KuCoin trade page.
