Reminder, this is not financial advice this is just information I am sharing with the crypto community that I feel can help investors.
Binance has begun to experience server issues linked to extreme trade volumes from coins like Tron (TRX) and Ripple (XRP). Due to this recent surge in price and trade activity, Binance has restricted new user registrations. Bittrex and Bitfinex also have already canceled registrations on their platforms so new exchanges with coins outside the top 100 are beginning to emerge as stronger players in the crypto marketplace.
Less popular exchanges are beginning to already emerge as big players within this market. Kucoin in the past week is now trading 10,142 BTC in volume, which is 400% up from last week alone, while Gate.io has a very smooth UI that will attract new investors who can’t sign up to Binance, Bittrex or Bitfinex. Kucoin and Gate.io are also both extremely simple to sign up for and offer a very good platform to trade, withdraw and deposit coins into their corresponding wallets.
Gate.io
Gate.io is a very slick exchange that has a great UI and is very new-user friendly. Many exchanges are having server issues thanks to the massive trade volume and excitement from both TRON (TRX) and Ripple (XRP). Gate.io is a haven for new investors to buy both Tron $TRX and Ripple $XRP and they are still accepting new users.
The recent Bitcoin dip has offered a great buy opportunity for new investors. Gate.io also offers a variety of new coins outside the top 100 and this referral link will get anyone who signs up a 10% off discount on all their trading fees for 6 months:
Gate.io Trading Fee Discount
A screenshot of Gate.io's slick user interface:
Kucoin
Kucoin is another exchange which stands out due to the fact they are a Chinese exchange that is very similar to the layout of Binance. They have high trade volume, offer hundreds of cryptocurrencies and have weekly trading contests which offer prizes which range from luxury cars all the way to thousands of dollars worth of cryptocurrencies.
With the way that the market has been reacting do not be surprised to see new coins like Tron (TRX), Ripple (XRP) Red Pulse (RPX), Neo and other Nep5/ERC 20 found on exchanges like Kucoin and Gate.io continue to rise as new investors flood the markets.
Kucoin also has their own coin/share which has seen an increase of over 3751.65% this past week. See livecoinwatch for all statistical data referenced in this article.
Kucoin shares offer many benefits. One of the benefits shareholders receive is a daily Bonus/dividend called a Kucoin Bonus. The Bonus which they receive is 50% of Kucoins daily trading fees. If the volume and amount of coins traded increases, the bonus of holding the Shares will increase as well and dividends are paid daily. kucoinshares.com is a great site to check out to see how much a daily bonus/dividend a shareholder can receive.
Another interesting incentive is that a shareholder which holds Kucoin shares will have reduced trading fees on their platform. For every 1000 shares an investor holds, their trading fees will be reduced by a small %.
I do believe there are a lot of hidden gems that can make investors money on this exchange. For example, Oyster Pearl (PRL), a coin first listed on Kucoin has seen a 30-day price increase of 77463.66%. Red Pulse (RPX) a coin trying to solve the problem of information overload and Neo's first nep-5 ICO, also first listed on Kucoin saw an increase of 1121.87% over the past 30 days.
Another cool aspect of Kucoin is their referral program. It is complex but definitely incentivizes users to refer people to their exchange. It is a 3-tier system in the form of direct invites, indirect invites and second indirect invites. This 4-minute video explains the program much better than I could write it out. If you are interested in signing up for Kucoin and would like to support the information I provided feel free to use my referral link. Kucoin Referral link :
The Kucoin referral program is all explained in the video below:
The crypto market will continue to grow. Binance, Bittrex and Bitfinex are not accepting new users, thus exchanges like Kucoin and Gate.io will be the only way for new users to jump into the market.
The more investors which join the market the better this market will thrive. Cryptocurrencies are an innovative technology that deserve to be used by everyone.
The exchanges referenced in my article:
All statistical data retrieved from: Livecoinwatch
If this information provided has helped you or the community my Bitcoin donation address is: 1BTSUWjmiDnXJwT8oby5zS693YrFxLH8C8
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