Hi everyone....
I hope its been going really well in this new world of concurrency. We had seen too many ups and down, but still we are pushing this journey to new heights. If someone thinks that its too late for joining the crypto-currency, you haven't seen it yet. One great ever person said "It is never too late to be what you might have been".
There have been so many trading platforms which have been offering some casual features in which we can just trade and end our beautiful day. But now the scenario is changing - there are some emerging trading platform with aggressive marketing and features that you can't resist - You have to reconsider these new emerging trading platforms. You must have heard of this new trading platform "BINANCE" till now if you are aware of crypto-world.
Binance Features:
By offering both Basic and Advanced exchange interfaces, Binance makes it easy for beginners to execute simple trades and provides professional traders with access to more complex options, such as margin trading.
Cost:
When trading on Binance, you will be charged a 0.1% fee on each trade. Binance has issued its own token, BNB, which can be used to pay any kind of fees incurred on the exchange. Using the BNB token reduces transaction fees on trades by a specified amount: 50% during the first year, 25% during the second year and so forth. Because the BNB token is tradable on the exchange, its value fluctuates.
Security Features:
The Binance platform architecture includes ISO/ICO_27001:2013 and CCSS security protocols. For account security, Binance offers users the option to activate two-factor authentication and Google Authenticator to verify withdrawals and security modifications. In order to verify an account, users must activate one of these features. Currently, only Chinese phone numbers are supported for two-factor authentication.
Binance’s privacy policy states that the exchange does collect user information, such as IP addresses, and stores the data on its servers. Users concerned with privacy may want to review the details of the Binance privacy policy in full by clicking the “Privacy” tab on the main Binance site.
Link: https://www.binance.com/?ref=12088536
KuCoin - Is this a new Binance
We have seen how binance has grown over the period of last 2 months - and its still growing. But we always have one opponent which want to snatch everything you have and leave nothing for you to survie.
KuCoin is a Hong Kong-based cryptocurrency exchange platform that was started on the 15th of September 2017. To encourage traders to trade more and refer others, the platform provides them with shares or token (discount on the trading fees).
Kucoin came up with too much of aggression out of nowhere and its giving too much for trading in their platform if you can influence people - Apparently, you can make 0.1 BTC in a year by just using their platform and inviting as much as you can.
Basic Feature - Distribute profits to users
The exchange target providing a more user-friendly platform compared to the conventional exchanges that people are used to. About 90% of the trading fee collected on the platform is shared with users. The team targets achieving this through progressive review system update and changes in line with customer needs.
The KuCoin Referral Program
This is a unique model of attracting new traders to the KuCoin network. Instead of using a lot of funds in conventional marketing, KuCoin encourages users in its system to refer new clients. In return, those who introduce new clients are given a reward.
Cost
KuCoin charges trading and withdrawal fees, while crypto deposits are free of charge. While this is the approach of many other exchanges, the fess of KuCoin are really competitive. It charges a flat fee of 0.1% per trade, while the average in the secctor is around 0.20% - 0.25%. Besides, for those who hold KuCoin Shares, there are attractive discounts.
Security Features
KuCoin uses “an advanced multi-layer and multi-cluster architecture”. They offer bank-level disaster-proof deployment with two locations and three centers capable of handling multiple tasks simultaneously. Kucoin's system uses industry standard transfer encryption protocols. Overall, they aim to provide bank-grade encryption and security.
Its trading engine can handle two million order-making requests per second, and one million order requests per second in general.
What I think
I think KuCoin is an exchange with a lot of potential. Their team is extremely responsive and attentive to the community, like no other exchange has ever done. They are aiming to be one of the top 10 exchanges in the world in the future, and they will probably get there.
You can become the early members to gain the maximum profit out of their trading platform and attractive schemes - Remember that "Get early in the morning - Take maximum number of apples from the garden of Cryptocurrency".
Link: https://www.kucoin.com/#/?r=1v423
Get more idea on their platform bonus plan:
Both of these new trading platform have a great future and investing in these platforms can be one of the most fruitful investment for the next year. Be prepared for 2019 boom... This is going to be huge and all the best to you guys...