Volume 24H: $597,056,527
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
- European Union
- Hong Kong
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Russian Federation
- United Kingdom of Great Britain and Northern Ireland
- United States of America
- Web Interface
- Mobile App
Stock Market Options
- Allows customization of charts
- Allows light and dark theme
- Allows the movement or resizing of boxes
- Allows Advanced and Basic option
- Allows customized alerts and notifications
- Limit Order
KuCoin security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.
Advanced Security Features:
- Monitor bahavior patterns for suspicious activity
- Protection from DDoS attackes
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.
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.
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.
Poor customer support