Quick Info On The Kucoin Exchange – 5 Key Points For Beginners
The Kucoin Exchange is a cryptocurrency exchange based in Victoria, Seychelles. The exchange was established in 2017 and has since grown to be one of the largest exchanges in the world. It’s also one of the most innovative, with a wide range of products and services to help traders succeed.
If you’re looking for an easy way to buy and sell cryptocurrencies, then you’ll want to check out this platform. It offers a wide selection of coins and tokens, as well as a user-friendly interface that makes it easy to get started trading right away.
What We Will Cover
What is Kucoin?
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. It is also popularly known as “The People’s Exchange.” KuCoin is a cryptocurrency exchange that operates in over 200 countries. The company wants to make it as easy as possible for everyone to trade in cryptocurrencies.
KuCoin Exchange Features
Low Fees: KuCoin offers some of the lowest fees for trading. The cryptocurrency deposits are free. When it comes to making a trade, you will only pay 0.10% of the amount you are buying.
Lots of Currencies supported: KuCoin has a huge range of cryptocurrencies and you can trade them yourself against different cryptocurrencies like BTC, ETH, NEO, USDT and KCS.
Security: KuCoin uses many security measures, including micro-withdrawal wallets, industry-level multilayer encryption etc which look into the day-to-day data operations according to strict security standards.
Customer Support: KuCoin’s support staff is available 24/7 via the exchange’s website and by email. In Spite of the high volume of requests from the users all over the world, The staff replies to all of the support inquiries efficiently.
Margin Trading: KuCoin launched their margin trading services recently. This platform initially supported 12 different assets, which provided a way to trade with up to 10x leverage.
KuCloud: KuCloud is a cryptocurrency trading solution to allow developers to launch their own crypto spot and futures trading platforms.
KuCoin Exchange Fees and Limits
This trading platform does not charge different fees between takers and makers. Instead, the exchange has a so-called “flat” fee model. They offer a flat trading fee of 0.10%, which is below the global industry average.
If you pay the trading fees with KuCoin’s native token KCS, you could get an extra discount. KuCoin charges a withdrawal fee amounting to 0.0004 BTC when you withdraw BTC. This fee is also below the industry average.
Previously, KuCoin only accepted deposits of cryptocurrencies. But it now accepts the deposits of fiat currencies as well.
KuCoin Mobile App
KuCoin is a powerful and beginner-friendly exchange. For users who prefer to trade on the go, KuCoin has a convenient mobile app available on both Android and iOS mobile devices.
How to register on KuCoin?
Step 1: To register a new account with KuCoin, you will first need to visit their official homepage.
Step 2: After that, click on “Sign up”, which is at the top right-hand side of the screen.
Step 3: You will then be presented with the exchange’s terms of conditions. Once you have, tick the accept terms and conditions box, followed by clicking on Next.
Step 4: Input your Email address and click the “Send Code” button.
Step 5: Wait for the email verification code to be sent to your mailbox and enter the verification code you received.
Step 6: Then set the login password, read through and agree to the “Terms of Use”, click the “Sign Up” button to complete your registration.
How to recover the KuCoin password?
Click “Forgot password?” on the login page. Then input your Email address or phone number and click the “Send Code” button. Please check in your mailbox/phone for the email verification code. Click “Submit” after filling in the verification code you received. Now you can set a new login password.
The exchange has experienced significant growth since its launch in 2017 and is now amongst the top industry’s players in terms of security, reliability, service quality, and features. As such, the exchange is best suited for both new and experienced traders who want exposure to popular as well as less-known small-cap crypto tokens and assets.
By buying KuCoin Shares (KCS), they offer you an opportunity to generate a passive income by distributing 50% of their commissions. These commissions are paid daily and you will receive them immediately.
Final Thoughts On The Kucoin Exchange
Kucoin Exchange is a cryptocurrency platform that allows people to trade digital assets.
It allows its users to trade hundreds of cryptocurrencies in a smooth and secure manner. The exchange has been designed with the intention of facilitating the trading experience for its users. It offers its users a user-friendly interface, which makes it easy for them to place orders and make withdrawals. The platform also supports multiple languages, which means that no matter what country you are from, you can use the Kucoin Exchange platform effectively.