KuCoin: check commissions, fees. How is wallet registration on the exchange performed? What needs to be done to place a deposit? Reviews of Internet users.
Bitcoin is a cryptocurrency that has already wowed investors and shocked experts with its growth many times. No other currency, neither traditional nor virtual, in its entire history has brought investors as much profit as Bitcoin. Bitcoin and many other cryptocurrencies can be traded on the KuCoin exchange.
Exchange KuCoin – general information
The KuCoin exchange was established in 2017 in the Seychelles. It originated during a boom in the cryptocurrency market. In a short period of time, it gained great popularity among investors. Currently, the exchange’s headquarters are based in Hong Kong, China. At KuCoin, you can buy and sell as many as 250 cryptocurrencies, and in the future, it is planned to include as many as 1000 currencies.
In addition to the trading interface, the website offers the opportunity to earn extra money using KCS tokens issued by the exchange, which can then be withdrawn using Ethereum. Contests are also organized in which traders who generate the highest turnover on the chosen cryptocurrency are rewarded. KuCoin also regularly publishes tutorial videos on its website to increase the efficiency of cryptocurrency trading and conducts educational campaigns for its customers. The website is constantly being improved and enriched with new functional tools. The exchange also issues its own cryptocurrency KuCoinSkares. Thanks to it, traders can take advantage of various discounts and offers. Additionally, users can also enjoy lower commissions.
The service runs a program to strengthen the security of users and pays for pointing out flaws in the security of funds. KuCoin boasts a surprisingly high number of several million users from almost all countries around the world. This is an unprecedented achievement, especially considering the fact that the exchange is still less known than other cryptocurrency trading platforms.
Mobile and browser-based wallet on KuCoin
The KuCoin exchange panel, despite its expansiveness and complexity, is easy to understand. It clearly presents the rates of cryptocurrencies that can be traded. In addition to the platform supported on desktop devices, trading via KuCoin is also possible using a mobile app. Both Android and iOS users can trade cryptocurrencies using their mobile device.
Fees and commissions on the Exchange KuCoin
Opening as well as maintaining an account on KuCoin is completely free. Costs, on the other hand, are associated with each transaction you wish to make, regarding cryptocurrency trading. Maker commissions range from -0.005% to 0.10%. In the case of a taker, on the other hand, you have to reckon with costs ranging from 0.025% to 0.40%. These values depend on the value of trading per month. The cost of withdrawals in the case of digital currencies depends on the cryptocurrency in question. The exchange also charges a fee for withdrawals to its wallet.
Registration, verification and logging-in on KuCoin exchange
Once you visit the official website of the exchange, it is possible to register. You should then provide your phone number, e-mail address, and create a login including a hard-to-guess password. After this step you simply need to click on the activation link, which will be sent to your e-mail. An additional safety feature in case you forget your password is a security question, which may be helpful in recovering a lost password. Most importantly, no burdensome verification is required to create an account.
Additional authentication with an ID or passport only applies to the wealthiest users who plan to trade more than 2 BTC per day. After that, you can log in and start trading Ethereum, Litecoin and the world’s most famous cryptocurrency, Bitcoin. Sometimes Bitcoin’s value rises up to several percent in just a few hours, giving you the opportunity to make great profits.
What opinions does the Exchange stock KuCoin market have? What do they write on the forum?
KuCoin is praised by users for its refined, helpful trading features and charts for performing technical analysis. The KuCoin exchange offers trading in a huge number of cryptocurrencies on which you can make money, which has been repeatedly appreciated by users looking for a whole range of trading opportunities. Traders also highlight the adequate level of security that protects their funds.
Traders from all over the world also point out the vast opportunities offered by the trading platform. The low commissions charged by the exchange are also often appreciated by users who notice a big difference between KuCoin and other cryptocurrency exchanges. The account registration process itself has also received positive feedback. Among the advantages of the platform, the customer service team is often mentioned, as it is known for its efficient handling of incoming requests and is helpful in solving any difficulties encountered during transactions.
Payment and withdrawal to the account – Exchange stock KuCoin
Digital currency deposits can be made free of charge. Topping up the account and purchasing cryptocurrencies is possible using a card. KuCoin cooperates with two intermediaries in this regard – Simplex and Banxa. In this case, it should be remembered that with a deposit of a certain minimum amount, the broker’s commission will also be charged. Withdrawals, on the other hand, depend on the cryptocurrency in question. The site keeps an updated list that informs about the minimum withdrawal amount and the costs associated with the withdrawal processes. The exchange allows 24/7 trading of cryptocurrencies. Trading can be done from any corner of the earth with just a few simple steps.