EXPERIENCES & Kucoin review
Kucoin is originally a South Korean cryptocurrency exchange. It is a very user-friendly platform with millions of users and now an established name worldwide. You can trade many cryptocurrencies there.
Crypto exchange KuCoin
KuCoin is a fast-growing blockchain exchange platform that was officially launched on in 2017 and has registered more than a hundred million dollars in transactions daily. This platform can execute more than 2 million orders per second without delay. KuCoin has a number of unique features that have made the exchange one of the exchange’s top positions. KuCoin is the currency of the KuCoin cryptocurrency exchange. KuCoin is a cryptocurrency exchange that grew rapidly.
Soon many different crypto currencies were added and the number of customers also increased rapidly. But why did KuCoin grow so fast? The reason that KuCoin has grown so fast is because they are the exchange of and for the people. They don’t go for high profit margins but just want to grow in a healthy way. KuCoin takes into account the number of shares that users have when distributing the different currencies. The more shares you hold, the more dividends you receive.
Kucoin is currently one of the strongest growing crypto exchanges worldwide, competing in strong competition with the larger platforms such as the Binance exchange. Just like Binance, Kucoin offers several altcoins of its own and you get the opportunity to earn extra bonuses at KuCoin.
Registering with the KuCoin exchange is completed within just a few minutes. In this article we will explain step by step how to register with Kucoin.
KuCoin login and register
We will now explain to you step by step how to log in and register with the Kucoin exchange.
- Go to the website: Kucoin.com
- Click on ‘log in’ at the top right of the screen
- Enter your e-mail address and choose a password
- After choosing an e-mail address and password you will receive a confirmation link by e-mail.
- After clicking the activation link you will be redirected to the Kucoin website.
- Secure your account immediately by taking extra security measures in the form of a 2FA (this is not mandatory, but recommended).
- You’re now ready to start trading on Kucoin.com.
How to buy and sell on KuCoin
In order to start trading crypto on Kucoin, you obviously need to have Bitcoin or other crypto currencies. You can either use your personal wallet or deposit crypto currency directly into your KuCoin account. It is recommended that you deposit Bitcoin because it allows you to purchase any other currency available on KuCoin.
Starting to buy Bitcoin and sell Bitcoin on Kucoin is very easy. After completing the signup process, you can start almost immediately. At KuCoin, there is no need to verify yourself in order to start trading. As is the case with most other Bitcoin exchanges. This fact makes it even more attractive to start trading on the KuCoin exchange, but in the meantime, it allows you to remain more private.
KuCoin fees and costs
KuCoin charges a fee for each transaction. This is the main revenue model of an exchange like this. For every trade you make you’ll pay 0,1% in fees at KuCoin. KuCoin does not charge any fees for the depositing of crypto, however the transaction costs which apply to a certain coin or token will be charged to the user of this coin or token.
KuCoin does not charge any additional fees for withdrawing euros. However, there is a rule that some coins have their own fee structure, so there may be costs associated with sending your coins.
There are no limits for trading, withdrawing and depositing cryptocurrencies at KuCoin. For this reason, it is entirely up to each crypto merchant how much he or she is going to invest. The nice thing about this rule is, that even major players within the crypto sector use KuCoin faster.
By purchasing KuCoin Shares (KCS), KuCoin offers you the opportunity to start earning a passive income. This is achieved by distributing 50% of their commissions. These commissions are paid out every day and when you are in possession of these KuCoin Shares, you will receive them immediately.
This is a factor in which KuCoin tries to distinguish itself compared to the other crypto exchanges in the Netherlands.
Is Kucoin trustworthy as an exchange?
KuCoin is a fairly new exchange that has gained a lot of popularity within the crypto sector in a short period of time. KuCoin is known as an exchange that aims to make trading in crypto coins as accessible as possible for its customers. This ambition results in the fact that they have a 24/7 customer service available for all users.
If you are looking for a user-friendly exchange, KuCoin is an excellent choice for you. The platform is set up in such a way that it is also very easy for beginners to start trading at KuCoin.
As far as we are concerned, the question whether KuCoin is reliable as an exchange can be answered with a big yes.
As already mentioned KuCoin is an exchange which makes it very easy for everyone to start trading crypto, for beginners as well as more advanced traders.
KuCoin is a very fast exchange where trades can be made very fast. For this reason you’ll always get the best price when buying and selling crypto currencies. Depositing and withdrawing money is very easy and is being processed extremely fast.
For traders who are looking for a user-friendly exchange, KuCoin certainly is an excellent choice! The platform has been set up so that everyone can use it, from novice traders to real experts in this field.
For users of KuCoin a special support centre has been launched by KuCoin. In this support centre, people can get in touch through various channels such as live chat and E-mail.
Are you interested in starting trading Bitcoin, but don’t know which exchange is best for you? Then take a look at our Binance exchange review or the Bitvavo review.
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|Free Account||Ja, register here|
|Country of residence||South-Korea|
|Buy with creditcard||Yes|
|Buy with iDeal||Not possible|
|Cash out to bank||Not possible|
What is Kucoin
Kucoin has become the first largest cryptocurrency platform in South Korea where cryptocurrency is very popular. The exchange offers the possibility to trade more than 100+ cryptocurrencies in many different pairs.
Kucoin.com has a very large range of cryptocurrencies to trade.
Active in the world of bitcoin since 2017.
Easy to use platform with a clear interface.
You can trade over 100+ cryptocurrencies. The offer expands continuously.
Frequently asked questions
Is KuCoin reliable as an exchange?
Yes, KuCoin is a very reliable player in the crypto market.
Yes, KuCoin is a very reliable player in the crypto market.
No, KuCoin allows users to trade coins without the need for prior verification.
What is the amount of the fee per transaction at KuCoin?
The average cost of the fee per transaction at KuCoin is 0.1%. Something that is very low compared to other exchanges.
Is KuCoin a suitable exchange to use as a starting trader?
Yes, KuCoin is known as a very suitable exchange to use as novice traders. This is because KuCoin is very user friendly and easy to use.