In today's post I will review Kucoin, a cryptocurrency exchange for trading Bitcoin and other cryptocurrencies.
If you liked this Kucoin review make sure to follow me @arnoldwish for similar posts.
Kucoin Review
Last year has witnessed the rise of a lot of new cryptocurrency exchanges, one of these cryptocurrency exchanges that had a spark in popularity is Kucoin exchange.
Kucoin.com went live in early 2017 and is already doing more than $280 Million in daily trading volume. Kucoin exchange support 75 different cryptocurrencies such as Bitcoin, Ethereum, Litecoin, RaiBlocks, etc. (See the table at the bottom of the page for the list of cryptocurrencies supported by Kucoin).
Kucoin support 5 quote currencies which are, BTC, ETH, NEO, USDT and KCS. This means that you'll be able to trade all the supported 75 cryptocurrencies against one of these 5 currencies.
Kucoin Trading Fees
Kucoin offers a very competitive trading fee of just 0.1% on all trading pairs. If you are a day trader, you will appretiate the low fees, because now you can swing trade without fear of your profits being taken by the trading fees.
The best part about Kucoin is that 90% of the fees will return to the users themselves and only 10% will go to the exchange, that's why they advertise Kucoin as being the people's exchange. The 90% of the fees that Kucoin collect will get distributed among users who hold KCS (Kucoin Shares) and users who refer their friends.
Kucoin Shares (KCS)
Unline other cryptocurrency exchanges, Kucoin has its own coin called Kucoin Shares (KCS). If you think that Kucoin popularity will increase and they will collect more fees in the future, you can invest in this exchange by buying Kucoin Shares, 50% of all trading fees will be distributed among Kucoin Shares owners. Also Kucoin Shares (KCS) are freely tradable, so you can buy and sell them anytime you like.
Kucoin Transparency
Kucoin is very transparent about their exchange, Kucoin offers you the ability to monitor any change that occur to the exchange by visiting their "Change Log" page. You can also keep an eye on their Announcement and Promotion pages for alerts about the latest cryptocurrencies that they added or the latest promotions that they are running.
Kucoin Alexa Ranking
Kucoin is a fast growing website, Alexa ranks it as the 1029 th most popular website in the United States, and its ranking is increasing everyday. As you can see from the below picture, Kucoin is very popular in the United States, Japan, United Kingdom, South Korea and India to cite a few.
Kucoin Account
You can create an account at Kucoin.com in just a few seconds, just type in your email, type a new password, you'll receive an email that ask you to confirm your account, click on the link to verify your account and that's it, your account is verified and you're good to go.
Kucoin is available in all countries of the world.
Kucoin Review Summary:
| Trading Volume | $280 Million USD (24h) |
| Fiat Support | Kucoin doesn't support any fiat currency, Kucoin only support trading between cryptocurrencies with no fiat involved. |
| Supported Cryptocurrencies | Here is the list of supported cryptocurrencies by Kucoin: Bitcoin, Kucoin Shares, RaiBlocks, Aigang, Red Pulse, EthLend, AChain, CanYa, DeepBrain Chain, Qlink, Dent, Pura, Po.et, UTRUST, Solaris, Dash, Oyster Pearl, TrueFlip, Aion, Revain, LAToken, Bitcoin Cash, Change, Bitcoin God, Modum, Publica, Populous, Quantstamp, SONM, Asch, Bouty0x, Dragonchain, Nuls, ClearPoll, Power Ledger, Snovio, DeepOnion, Ethereum Classic, Ambrosus, NEO, Stox, Elixir, Flixxo, Genesis Vision, Bitcoin Diamond, Confido, Ethereum, NeoGas, Horizon State, Raiden Network, Substratum, Unikoin Gold, Walton, Neblio, RChain, VeChain, USDT, Bitcoin Gold, Digibyte, Everex, Hshare, Kyber Network, Litecoin, Monetha, OmiseGo, Request, BlockMason, Qtum, Bytom, Civic, Ethereum Fog, TenXPay, EOS, Status, Black Hole Coin. |
| Account Funding | Any one of the 75 supported cryptocurrencies |
| Trading Fees | 0.1% trading fee on all tradable pairs |
| Alexa Ranking | Kucoin is one of the world's most popular website
|
| Visit Kucoin |
Useful Links:
| Fiat to Crypto Exchanges | Crypto to Crypto Exchanges | Hardware Wallets |
|---|---|---|
Similar Posts:
- The Best Bitcoin Exchanges To Use In 2018
- Best Bitcoin Exchanges In The United States For 2018
- Best Bitcoin Exchanges In Canada For 2018