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What is KuCoin Exchange & How Is It Important?

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KuCoin Exchange is a large cryptocurrency exchange offering that includes the ability to purchase, sell, and trade cryptocurrencies.

Moreover, it also provides peer-to-peer trading; therefore, the users can also stake or lend their crypto to achieve rewards.

Over and above this, It is easy to use even for beginners, as it includes a modern and straightforward layout powered by a strong API interface.

How Is KuCoin Exchange Beneficial To The People

People extremely value it, and it can benefit people in many ways. Some of the ways are listed below:

1. Its Exchange offers low fees.
2. It includes a strong base.
3. KuCoin Exchange contains a broad range of coins.
4. It has advanced trading features.
5. It provides great customer service.

What Does KuCoin Exchange Have To Offer To The Investors?

Some of the ways are listed below:

  1. It offers low fees.
  2. It includes a strong base.
  3. KuCoin Exchange contains a broad range of coins.
  4. It has advanced trading features.
  5. It provides great customer service.
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Features it has to Offer

Some of the features are as follows:‍

1. It allows individuals to buy and sell with low fees worldwide.
2. It allows individuals to buy crypto with top fiat currency.
3. It includes excellent customer support service.
4. It provides bank-level asset security.
5. It helps in earning cryptocurrencies.
6. It supports the ability for non-custodial trading.
7. It is a perfectly designed strong platform that makes trading easy and enjoyable for individuals.

What Makes KuCoin Exchnage Unique?

It is unique in itself as it offers relatively low fees. In addition to this, it also supports staking as well as P2P trading. Moreover, investors highly demand it because of its strong user base.

Utilization Of KuCoin Exchange

It is made to permit its users to buy, sell and store cryptocurrencies. Apart from this, an individual can register using an account using an email address.

What Advantages Does The KuCoin Exchange Holders Enjoy?

The advantages are as follows:

1. The holders get a trading fee discount.
2. Holders receive daily cryptocurrency dividends.
3. Holders get more trading pairs.
4. The holders experience the exclusive KuCoin Exchange perks and offers.
5. The holders earn part of the daily exchange profits by staking KuCoin Exchange.

Kucoin Traffic Engagement Stats

KuCoin Exchange Futures Trading For Both Beginners And Professionals

It launched its Futures platform in the year 2019.

Furthermore, It allows users to trade Bitcoin and Tether with up to 100 leverage, which implies that an individual can trade up to USD 10,000 worth of contracts with just USD 100in in their account.

Apart from this, there are two versions of KuCoin Futures which include:

1. Lite Version – It is for beginners.
2. Pro Version – It is for professionals.

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How To Open KuCoin Exchange Account?

Opening the account is very simple and easy. To open a KuCoin Exchange Account, an individual must set a login ID & password and verify their account with a code; therefore, this can be done through a mobile phone or computer.

How Can An Individual Maximize Their KuCoin Exchange Account Security

An individual can maximize their account security by setting up the following:

  • Two-factor Authentication
  • Security Questions
  • Login Safety Phrase
  • Trading Password
  • Phone Verification
  • Email Notifications

Kucoin 3 Months Visitors Stats

Is It Exchange Safe?

The answer to this question is yes. It is safe as well as reliable in nature. Moreover, it provides bank-level asset security and supports the ability for non-custodial trading.

What Does KuCoin Exchange Best For?

KuCoin can be a perfect choice if an individual is an advanced crypto investor looking forward to obtaining additional tokens through lending their crypto to others (How to Choose the Best Cryptocurrency Exchange). In addition, it will be a great choice if an individual wants to trade cryptocurrency futures and leveraged tokens. Furthermore, this exchange is not ideal for beginners who need to get used to the interface and those who aren’t crypto enthusiasts.

Cryptocurrencies That Are Available on KuCoin Exchange

KuCoin provides access to more than 500 cryptocurrency tokens. Furthermore, some of the more popular coins offered are listed below:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Solana (SOL)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Cosmos (ATOM)
  • Chainlink (LINK)
  • Decentraland (MANA)

Drawback Of KuCoin Exchange

If It contains a large number of great advantages, then it also includes certain disadvantages. Some of the drawbacks are listed below:

1. It is not licensed in the U.S.
2. It includes limited payment methods.
3. KuCoin Exchange is not for traders.
4. It is limited to educational resources.

Conclusion

KuCoin Exchange is one of the best and most popular exchange platforms offering complex trading functionality. Furthermore, it is easy for beginners to understand and provide avid investors with the opportunity to make a good income.

Apart from this, it is an affordable and accessible cryptocurrency exchange that an individual can utilize for trading. Furthermore, if you decide to begin your journey of cryptocurrency in terms of having effective trades, then the low trading fees of it should keep this exchange at the top of your list.

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