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Home Cryptocurrency Trading

KuCoin review

by Tim Baudin
January 19, 2023
in Cryptocurrency Trading, Forex Robots
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Trading on the stock exchanges is always full of surprises. Often they are unpleasant, so traders have to endure various inconveniences or even lose their savings. To avoid such a situation, you must cooperate only with trusted sites such as KuCoin. This exchange copes with its tasks perfectly and provides customers with comfortable working conditions. You can get to know it better with the help of our KuCoin review.

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Brief information about KuCoin

It is advisable to use the KuCoin platform to conduct operations with cryptocurrency. It is owned by a company of the same name and has been operating since 2017. The exchange owners are registered in Seychelles, making it almost impossible for most clients to contact their main office. KuCoin also pays minimal attention to information about its activities, providing customers with only data from the brand’s history. Despite such closeness, the exchange is quite in demand among traders, and now about 20 million users are registered on it.

KuCoin is a universal platform where traders with different skill levels can work. It is this circumstance that makes the exchange attractive to most non-professional users. Currently, its daily turnover is hundreds of millions of dollars. According to this indicator, KuCoin confidently ranks among the top ten global leaders. Another advantage of the exchange is its website. It is simple and very informative. Its interface is implemented in several popular languages ​​worldwide, making it comfortable for most traders.

When it comes to paying fees for using the platform, KuCoin is one of the leaders. Users of the exchange are exempted from paying some fees, and the prices charged are slightly lower than those of competitors. All this makes the platform attractive from a financial point of view. Minimal costs allow even people who invest a minimum of funds in trading to receive most of the profits. The exact amount of the commission depends on the traded cryptocurrency. The official web resource provides a detailed table with all the nuances. It is available even to unregistered users.

Important features

Proper preparation is essential to success. The situation with KuCoin is no exception. If you avoid mistakes at the stage of registration and setup, then further cooperation will become as comfortable as possible.

Sequencing:

  1. In any way, go to the KuCoin website and click on “Sign Up” (located next to the KuCoin login button).
  2. Enter your phone number in a particular field on the page that appears.
  3. After that, you will receive an SMS with a code, which you must enter into the questionnaire.
  4. After that, specify the mail and come up with a complex password.
  5. Complete the registration and go to your account. If you are using the KuCoin app, then you can perform all of the above actions through the app.
  6. Go through verification there. It is optional, but its passage will open up more opportunities for work.
  7. Go to the settings menu and choose the settings that are optimal for you.
  8. Save changes and fund your trading account.
  9. At the final stage, check the receipt of funds. If everything is in order, then you can start working.

KuCoin can become an ideal platform for cryptocurrency trading. However, for this, you need to know all its features. We have selected the most important of them for you, information about which will benefit everyone.

Important features:

  1. Customer support. KuCoin’s customer service works almost perfectly. It quickly processes all incoming requests, and dozens of operators communicate with customers online. It is also possible to communicate with company representatives via e-mail and telephone. The support service is available to customers in 2 languages ​​(Chinese and English). If you have problems with each of them, you must use a translator. In this case, you will have to forget about live communication with the operator.
  2. Mobile application. The mobile version of KuCoin is almost identical to the browser version. To download it, go to one of the official app stores and enter the name of the exchange in the search box. Then all that remains is downloading and installing the program on your iPhone, smartphone, or tablet. In all cases, the application takes up a minimum of space in the device’s memory and uses the gadget’s resources sparingly.
  3. Training. KuCoin provides a minimum of educational content. This is a severe disadvantage for inexperienced users who are just getting started with the exchange. To fix this issue, KuCoin provides a detailed guide on how to use its trading platform. It contains everything you need to understand the intricacies of the exchange and start earning good money.
  4. Safety. KuCoin uses multi-level data encryption for all of its customers. Thanks to this, avoiding hacking accounts with all the unpleasant consequences is possible. In addition, the company regularly monitors the situation and quickly detects any unauthorized entry attempts to improve security. These measures help increase safety and make the exchange one of the most reliable.

KuCoin is one of those exchanges you can trust with your savings. This reliable and time-tested platform makes it possible to work comfortably and earn good money. If you reveal all its secrets, it will be as simple as possible to achieve the desired goal.

Go to KuCoin website
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The Review

KuCoin

84% Score

KuCoin users praise most aspects of the exchange. We have collected all the mentioned advantages and selected the most significant. We kept sight of several significant shortcomings, with which it is possible to imagine any site.

PROS

  • the fame of the owner company
  • popularity among traders
  • universality
  • multilingual interface
  • informative site
  • high-quality mobile application
  • no need for mandatory verification
  • low commissions
  • speed of withdrawal of funds
  • availability of own cryptocurrency
  • attentive attitude to clients

CONS

  • lack of some essential options
  • the closeness of the company owner of the exchange

Review Breakdown

  • Features 0%
  • Exchanges Supported 0%
  • Security 0%
  • Price 0%
  • Customer Support 0%
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