Kucoin either through web or their mobile devices

Kucoin is a cryptocurrency exchange based
in China. Althougha relatively new player in the cryptocurrency arena, Kucoinoffers
multi cryptocurrency trading on its exchange. The exchange opened in 2017
however, it is the result of in-depth research, testing, tweaking and quality
check since 2011. Within a short span, the trading volume of Kucoinreached 200
million, thanks to the robust architecture, premium services and flexible
operation strategies.  The trading volume
is slated to be around 100 million following the buy back.

Kucoin currently offers the following
trading pairs on its exchange:BTC/BCH, BTC/DASH, BTC/NEO, BTC/ETH, BTC/RDN,
BTC/LTC, BTC/CVC, BTC/KCS, BTC/RPX, etc. This portal has also introduced mobile
app for Android and iOS to give its users an easy, seamless trading experience
and is one of the top 20 companies to support BCH.

The Early Beginnings…

The company laid its foundation stone in
the year 2011 and started with conducting an in-depth research in block chain
technology.  After almost 2 years of
thorough research, it built a sustainable, scalable and reliable technical
architecture in 2013. Next came the phase of quality checks, control and testing
and finally, in the year 2017, Kucoin successfully launched its exchange
offering traders a wholesome, trustworthy trading experience.Kucoin has own
shares or coins- Kucoin Share or the KCS. Initially, it started with BTC, ETH
and USDT market and currency pairs including ERC20, KCS and LTC. Soon, it
started updating its list and recently it has addedQlink, TFL, UTRUST and
LAToken to name a few.

Kucoin- Safe, Hassle free operation
and Superior Service at low fees 

Getting started with Kucoin is simple. The
users can access Kucoin either through web or their mobile devices (Android and
iOS users).

The users will need to go to the Kucoin website
and register themselves by entering their email id and choosing a
password.  Once the users have confirmed
with the link sent to their email address, they will have to go through 2
Factor Authentication, which is vital for keeping their transactions on the
website secure. 

After the initial process, the users will
need to add deposit to their Kucoin Wallet to start trading. 

Deposit, Fee and Withdrawals

Kucoin maintains a marginal fee structure
and as much as 50% the fees are rewarded to the users by way of various
promotional schemes. It charges 0.1% fees on the assets purchased and sold. The
withdrawal fees will vary with the asset type. 
It offers quick withdrawals where the amount is less that current fee*100000.

How to Trade?

Kucoin offers a user friendly interface.
When you’re are done with the registration and security check, you’ll see a
trading screen wherein you can view the available trading pairs as well as the
candle chart and the order book. You can select the trading pair you want to
trade in. First time users will be directed to Google Authenticator Code, before the trading
begins, which is done for adding a security level. Once this is done, traders
can trade their desired currency pair with just a few clicks.

Bonus
Offers from Kucoin

Kucoin has introduced several bonus schemes
for its users and a user can reclaim up to 50% of the fees paid to the portal
by making use of the promotion offers.

Invitation Bonus

If a user invites new users on the Kucoin
platform, he is entitled for a bonus. The company follows a pyramid like
structure for bonus and every time you invite someone or someone you invited
invites others, you get a bonus.

 

Kucoin
Bonus

Users holding KCS in their account also are
rewarded by Kucoin. If a user holds 100000 KCS, he is entitled to $122.68 as
bonus.

Key Features

Apart from offering multiple cyptocurrency
and robust architecture, Kucoin’s system is designed with precision similar to
that of banks. Also, the Kucoin wallets have multiple security layers, thus
protecting both micro and macro wallets.  

 

Conclusion

Kucoin is a new exchange that offers crypto
to crypto trading. It does not support fiat currencies. Since it is based in
China, it is primarily eyeing foreign investors. The greatest advantage is it’s
low cost services and on the downside, it is not a licensed corporate body and
hence those willing to trade with a licensed body may find it dissuading.

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