KuCoin exchange is an uncommon Seychelles-based cryptocurrency exchange platform founded by Michael Gan and Eric Don. The fundamental objective behind the development of KuCoin was to offer a secure and easy-to-use platform for the world to trade digital coins.
In addition, it is often called the people exchange as it provides grand trading pair selections and cryptocurrency-related services.
This platform was launched in 2017 and presently supports more than 200 cryptocurrencies across about 400 markets.
A fact is that the founding members of this platform are experts in business and have formerly managed projects liked iBox PAY and Ant Financial.
However, Kucoin has its cryptocurrency and Kucoin Shares (KSC). Therefore, if you possess KSC coins, you will get a significant discount on trading fees and also earn more crypto.
KuCoin takes pride in certain qualities that include, having high assets, a huge collection of supported assets, over 6 million users, fiat currencies, and services.
So even if you are a beginner in the cryptocurrency trading market, with this platform you will most likely not face any difficulties commencing because KuCoin is simple, efficient, and easy as well as it has a transparent user interface (UI).
Also, this exchange platform has been ranked in the Top 10 list of busy exchange platforms in the world that is attracting the most crypto trading volume.
Generally, one out of four crypto users utilizes the KuCoin exchange platform in present times, this is because millions of people have confidence in the platform because it provides an impressive formation of crypto services such as passive income, trading, fiat on-ramp, and crypto crowdfunding.
Here are some impressive outlines of the KuCoin exchange platform.
- They developed their coin Kucoin Shares (KCS) tokens.
- It has about 5 million users across 200 countries.
- The platform is compatible with desktop computers, Android, and iOS.
- This platform ranks on the list of exchanges with the lowest fees in the market.
- It has about 200 crypto coins and more than 400 markets.
- It allows all users to earn crypto by lending or staking via its Pool-X.
- The exchange platform has a 24/7 customer service assist, which is an additional benefit.
- It permits you to trade anonymously. However, this is activated once you verify your account then you will be able to utilize and explore more features.
This exchange is purely crypto-to-crypto which assists fiat payment methods integrated into its Buy Crypto services. However, Banxa, Simplex, and OTC Trading Desk are currently available on Kucoin.
Just in case you are still in doubt of whether KuCoin is a good choice or not, here are some KuCoin’s major features that will help answer your questions.
An Interactive and User-Friendly Platform
The exchange’ interface has a modern design where traders can explore robust trading. However, this quality will make trading even more enjoyable and intriguing for you.
It has an Efficient Engine
The KuCoin exchange platform can accommodate millions of transactions per second (TPS).
It has an Advanced-level Charting
In addition to the great qualities of this platform, you can search for exciting and advanced charts on Kucoin for a deeper understanding or knowledge of your trading strategy and methods.
Finally, KuCoin uses TradingView Charts which have pointers too, and with this help, you can reach a good decision.
It has Order Types
Kucoin provides stop orders, limit orders, post-only orders, market orders as well as iceberg orders.
It is a Non-custodial Trading Platform
Due to the association with Arwen, this platform currently assists the trader to opt for non-custodial trading which is directly from their wallet to enhance their crypto security.
So, if you choose to go for Non-Custodial trading, the exchange platform does not have a charge over your money.
Although if you do not opt for it, you as a trader will have total ownership and responsibility for your money.
Therefore, the question of whether or not you can trust KuCoin exchange is entirely up to you and it is based on what you require although, from these features and facts listed above it seems you cannot go wrong with this platform.
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