Tuesday, August 16, 2022
HomeBusinessUser-Friendly Crypto Exchange KuCoin

User-Friendly Crypto Exchange KuCoin

A question that might arise in minds when deciding about from which crypto exchange one should buy or sell coins, assets, and many more. It won’t be correct to say that it’s a tough decision to decide on a crypto exchange as many exchanges, including CoinBase, Crypto.com, Uphold, Binance, eToro, KuCoin, and many more. KuCoin is a remarkable global exchange for numerous digital assets and cryptocurrencies. It’s referred to as “The People’s Exchange” and has a good reputation in the cryptocurrency community. Let’s compare KuCoin with some of the other exchanges.

KuCoin Verses Coin Base

Coinbase, one of the crypto exchanges, was founded in June 2012 by Brian Armstrong, whereas KuCoin is a bit new compared to CoinBase as KuCoin was established in 2017 by Johnny Lyu. But with time, KuCoin grew, and more than 200 million people are registered on this forum. A few drawbacks that can be seen of CoinBase is that it has a high trading fee, whereas, on the other hand, Kucoin has a very minimal trading fee. Apart from this, a user can select coins from the variety of 700 registered coins offered by KuCoin, whereas Coinbase only provides around 150 coins. 

KuCoin Verses Binance

Kucoin and Binance are well-established crypto exchanges. Even though both business strategies are somewhat similar and have a similar fee structure, there are slight differences between the platforms. One difference is that KuCoins’ trade system in other tokens is more flexible. WherBut, Binance’s fee structure on trades made with its receipt is competitive. Another difference between KuCoin and Binance is that Kucoin has automated trading and lending. Kucoin offers all its customers a free trading bot.  Although Binance supports third-party trading bots, it does not offer a native, free bot.

KuCoin Verses Cyrpto.com 

Both KuCoin and Crypto have established exchanges but have some features that differentiate them. One is the trading fee structure of both. Trading fee discounts on Crypto.com are tricky to understand, whereas the KuCoin trading fee structure is minimal. Another difference is that Crypto.com supports spot cryptocurrency trading in over 100 tokens and several hundred crosses, whereas Kucoin offers a long list of leading and emerging tickets with low fees. These include Bitcoin (BTC) Ethereum (ETH) LiteCoin, Dogecoin, KCS, and many more. 

Kucoin Upcoming Projects

KuCoin has never disappointed its users and aims to work all the time efficiently and upgrade itself to offer unique features. For this, they have launched the following projects, which include finance (YFI), Aragon (ANT), Loopring (LRC), Curve (CRV), Republic Token (REN), NXM (NXM), Serum (SRM), Band Protocol (BAND), Numeraire (NMR) and Kava (KAVA).

Closure 

Thus, have a great experience with a well-known cryptocurrency trading platform, kucoin, where various coins exist to purchase, buy, sell, trade and exchange. And to log in is very easy. One must open an account with KuCoin by visiting the KuCoin homepage and clicking “Sign Up.” Fill in the details, and you can start trading once your account is set up. Thus have fun trading with the best exchange.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular