KuCoin

- Overview
- Security
- User Experience
Volume 24H: BTC 9,748/24h
KuCoin is an Asia-based full trading platform that acts as a main market contender for Binance. This crypto exchange is backed up by a team of Chinese Blockchain enthusiasts who had previously worked with Fintech companies like Ant Financial and GF Securities. Lately, the platform has gained a lot of popularity among Asian traders, reaching over 25 million monthly users in 2018.
The trading interface works similarly to that of Binance's advanced view with the downside that it does not have multiple order types. In order to perform smart trades, users should have an understanding of how to read candle bar charts and basic trading principles. The UX design is clear and efficient and navigation is easy through Kucoin's options menu.
Crypto Currencies Support
- BTC
- ETC
- ETH
- LTC
- USDT
Traditional Currency Support
Language Support
- Chinese
- Dutch
- English
- Japanese
Country Support
- Australia
- Canada
- China
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Platforms Systems
- — Api
- — Mobile App
- — Web Interface
Stock Market Options
The exchange platform runs on secure SSL servers, in compliance with PCI vulnerability standards in order to create an environment as secure as possible for users. Unfortunately, KuCoin offers very little information about their security practices regarding private key storage methods, although they do provide 2FA with Google Authenticator.
Summary:
2 Factor Authentication | Yes |
Funds Insured | Funds Are Not Insured |
Private Keys Stored On | Exchange Platform |
Storage Type | Hot |
KuCoin is run by a team of Chinese Blockchain enthusiasts who started work on the platform in 2013 but launched in May 2017 after an angel investment. Similar to Binance, they launched their own token, KuCoin Shares (KCS), which allows users to trade at lower fees. The company behind this exchange was recently registered as Kucoin Technology Co. Ltd. and is run by CEO Michael Gan.
Summary:
The KuCoin crypto-to-crypto exchange platform has become popular in Asia since it allows users to submit their own tokens for listing. It is a serious contender for the top 10 worldwide crypto trading platforms. Offering low fees, a powerful API interface, and wallets for altcoin storage, Kucoin will satisfy a day trader's needs. Cons include no margin trading and no fiat payment options.
Ease of use | Developed |
Transaction Fees | 0,10% |
Deposit/Withdrawal Fee | 0-0.09% |
Deposit/Withdrawal Fee For Bank Transfer | N/A |
Deposit/Withdrawal Fee For Credit Card | N/A |
Deposit/Withdrawal Fee Charged For 3rd party Payments | N/A |
Anonymous Trading | No |
Deposit/Withdrawal Options:
Send/Receive Crypto
Functionality:
Kucoin became one of the largest players on the cryptocurrency trading scene, offering crypto trading pairs on 6 major markets, BTC, ETH, NEO, USDT, KCS (proprietary token), and BCH against a large number of altcoins. Also, they offer mobile support for iOS and Android devices. Kucoin doesn't charge fees on deposits.
Most common customer complaint:
— Poor customer support