History of Kucoin
Kucoin exchange was opened in late 2017. The team of developers are working in blockchain industry since 2011 and they've been developing this exchange since 2013 before officially launching it.
The Kucoin company has it headquarters set in Seychelles and they have more than 300 employees.
Kucoin Shares (KCS)
Kucoin shares are the official token of Kucoin exchange. This tokens were launched along with the ICO of Kucoin that took place in 2017 when they raised almost 20 million dollars.
Kucoin shares offer you lower fees, different discounts and also you get a share of the company's profit.
You can stake your Kucoin shares and earn a passive income, every day. Kucoin exchange shares 50% of their profit to Kucoin Shares holders. Basically Kucoin Shares are like stocks that pay dividends to investors based on the profit Kucoin company makes.
Kucoin services
- KuCoin Futures Trading
- KuCoin Margin Trading. In the imagine you can list the complete list of trading pairs available.
- KuCoin Futures Trading
- OTC Trading Desk
- KuCoin Lending Platform. In the imagine you can see a list of interest rates for the USDT market.
Kucoin verification levels
Kucoin has 3 levels of verification :
- if you don't want to complete a KYC the maximum withdrawal is 2BTC daily
- if you complete a KYC, verify your identity and your adress you can withdraw a maximum of 100BTC daily
- if you are an institution and you can verify that then your limits can go up to 500BTC daily
What fees does Kucoin have?
Along with Binance, Kucoin offers some of the smallest fees on the market.
For each trade you make on their platform the fee is just 0.1% whether you sell or buy cryptocurrencies.
Deposits made with cryptocurrencies are free while withdrawal fees may depend on current network condition and they are different for each coin so make sure you check their fees list
For those who have KCS in their wallet and have a large volume of trading in the last 30 days the fees can drop all the way to 0%.
Can you buy cryptocurrencies using fiat on Kucoin?
Yes, you can buy cryptocurrencies using a debit or credit card on Kucoin because they recently collaborated with Simplex.
Using the services of Simplex you can buy Litecoin, Ethereum Bitcoin or Ripple using your Visa/Mastercard debit or credit card. The fees for doing such a transaction are 3.5% per each trade made.
Kucoin accepted countries and available cryptocurrencies
Kucoin is available worldwide as there are more than 5 million people registered on their platform from more than 200 different countries in the world. It's important to say that US users are also welcome here.
Speaking of cryptocurrencies, Kucoin has around 200-250 coins available on their platform and more than 400 different trading pair.
Is Kucoin safe to use?
If you've been following cryptocurrency news in 2020 you might have heard about Kucoin hack that took place this year. Almost 280 million dollars worth of crypto assets were stolen from Kucoin wallets. This was considered one of the largest hacks in cryptocurrency history. Luckily Kucoin managed to recover all assets back by cooperating with other exchanges where the hackers tried to exchange their stolen coins.
Now, Kucoin ensures their clients they have an insurance fund in case something like this happens again so that all funds are protected in the future. Therefore there's no reason to worry about losing your coins due to hacking.
Kucoin cares a lot about their users and that's exactly why they have very low fees and they are offering 50% of company's profits back to Kucoin shares holders. Kucoin platform is also very user friendly even for beginners, because the platform is easy to use and understand for anyone.
Kucoin Referral Program
Using Kucoin referral program you can earn a 20% commission every time your referral completes a trade.
Not only you earn a bonus from your own referrals but you can also earn commissions from the referrals of your referrals. This works on up to 3 levels in the next order : 20% - 12% - 8%, so in total you can earn up to 40% commissions. Here's an example:
Keep in mind you will only earn commissions for the first year after your referral completes his first trade.
How to start using Kucoin?
Visit Kucoin official website https://kucoin.com/ , login or register an account and start trading. If you encounter any problems there is a live chat available 24/7 to assist you. Kucoin also offers you multiple video tutorials explaining how to buy, transfer and trade cryptocurrencies.
If you are using Kucoin on a mobile you can download their official apps for Android or IOS
Kucoin exchange was opened in late 2017. The team of developers are working in blockchain industry since 2011 and they've been developing this exchange since 2013 before officially launching it.
The Kucoin company has it headquarters set in Seychelles and they have more than 300 employees.
Kucoin Shares (KCS)
Kucoin shares are the official token of Kucoin exchange. This tokens were launched along with the ICO of Kucoin that took place in 2017 when they raised almost 20 million dollars.
Kucoin shares offer you lower fees, different discounts and also you get a share of the company's profit.
You can stake your Kucoin shares and earn a passive income, every day. Kucoin exchange shares 50% of their profit to Kucoin Shares holders. Basically Kucoin Shares are like stocks that pay dividends to investors based on the profit Kucoin company makes.
Kucoin services
- KuCoin Futures Trading
- KuCoin Margin Trading. In the imagine you can list the complete list of trading pairs available.
- KuCoin Futures Trading
- OTC Trading Desk
- KuCoin Lending Platform. In the imagine you can see a list of interest rates for the USDT market.
Kucoin verification levels
Kucoin has 3 levels of verification :
- if you don't want to complete a KYC the maximum withdrawal is 2BTC daily
- if you complete a KYC, verify your identity and your adress you can withdraw a maximum of 100BTC daily
- if you are an institution and you can verify that then your limits can go up to 500BTC daily
What fees does Kucoin have?
Along with Binance, Kucoin offers some of the smallest fees on the market.
For each trade you make on their platform the fee is just 0.1% whether you sell or buy cryptocurrencies.
Deposits made with cryptocurrencies are free while withdrawal fees may depend on current network condition and they are different for each coin so make sure you check their fees list
For those who have KCS in their wallet and have a large volume of trading in the last 30 days the fees can drop all the way to 0%.
Can you buy cryptocurrencies using fiat on Kucoin?
Yes, you can buy cryptocurrencies using a debit or credit card on Kucoin because they recently collaborated with Simplex.
Using the services of Simplex you can buy Litecoin, Ethereum Bitcoin or Ripple using your Visa/Mastercard debit or credit card. The fees for doing such a transaction are 3.5% per each trade made.
Kucoin accepted countries and available cryptocurrencies
Kucoin is available worldwide as there are more than 5 million people registered on their platform from more than 200 different countries in the world. It's important to say that US users are also welcome here.
Speaking of cryptocurrencies, Kucoin has around 200-250 coins available on their platform and more than 400 different trading pair.
Is Kucoin safe to use?
If you've been following cryptocurrency news in 2020 you might have heard about Kucoin hack that took place this year. Almost 280 million dollars worth of crypto assets were stolen from Kucoin wallets. This was considered one of the largest hacks in cryptocurrency history. Luckily Kucoin managed to recover all assets back by cooperating with other exchanges where the hackers tried to exchange their stolen coins.
Now, Kucoin ensures their clients they have an insurance fund in case something like this happens again so that all funds are protected in the future. Therefore there's no reason to worry about losing your coins due to hacking.
Kucoin cares a lot about their users and that's exactly why they have very low fees and they are offering 50% of company's profits back to Kucoin shares holders. Kucoin platform is also very user friendly even for beginners, because the platform is easy to use and understand for anyone.
Kucoin Referral Program
Using Kucoin referral program you can earn a 20% commission every time your referral completes a trade.
Not only you earn a bonus from your own referrals but you can also earn commissions from the referrals of your referrals. This works on up to 3 levels in the next order : 20% - 12% - 8%, so in total you can earn up to 40% commissions. Here's an example:
Keep in mind you will only earn commissions for the first year after your referral completes his first trade.
How to start using Kucoin?
Visit Kucoin official website https://kucoin.com/ , login or register an account and start trading. If you encounter any problems there is a live chat available 24/7 to assist you. Kucoin also offers you multiple video tutorials explaining how to buy, transfer and trade cryptocurrencies.
If you are using Kucoin on a mobile you can download their official apps for Android or IOS
