The capacity to purchase, sell, and trade cryptocurrencies is available on the major cryptocurrency exchange KuCoin. The platform provides peer-to-peer (P2P) trading, derivatives, and margin in addition to standard trading choices. To gain incentives, users can also decide to stake or lend their cryptocurrency. KuCoin is an appealing choice because it has minimal trading fees when compared to some of its rivals. Is Kucoin legit? Yes, KuCoin is a trusted cryptocurrency exchange established in 2017.
Founded in 2017, KuCoin is a Seychelles-based cryptocurrency exchange. With more than 10 million members and a presence in more than 200 countries, it has developed into one of the greatest worldwide exchanges by transaction volume since its creation.
Although U.S. users can register for a KuCoin account, access to features is restricted because KuCoin lacks an operating license in the country.
Given this, opening an account could come with certain dangers. For instance, you might not be able to withdraw your holdings if U.S. regulators decide to crack down on KuCoin.
Various Cryptocurrencies
Users can buy, sell, and trade over 600 cryptocurrencies on KuCoin. Those seeking a wide variety of assets would value what this exchange offers. The ethereum price prediction by some experts show that there’s no change in price at the end of this year. The following is a list of some of the cryptocurrencies that are currently supported by KuCoin:
Bitcoin (BTC)
Dogecoin (DOGE)
Ethereum (ETH)
Polkadot (DOT)
Inu Shiba (SHIB)
XRP (XRP)
Trading Knowledge
Users of KuCoin have access to their accounts via an online site and mobile apps for iOS and Android. There are numerous features and tools available on both its desktop website and mobile apps. Some expert traders ethereum price prediction is that ethereum drop his price in the year end.
Users of KuCoin can click to view markets, buy cryptocurrency, trade, lend cryptocurrency, and more after logging in on a desktop or mobile device. The four order types supported by the platform are market, limit, stop-limit, and stop-market. Additionally available are margin, futures, and P2P trading, which can be advantageous to some customers. KuCoin additionally allows staking and recently unveiled a Trading Bot feature to aid in the simplification of the trading process; it essentially serves as a robo-advisor for your cryptocurrency portfolio.
This exchange has a lot of possibilities, but neither its desktop nor its mobile platforms are very user-friendly. Despite this, the website has a respectable assistance section where visitors can obtain solutions to frequently asked concerns.
As this KuCoin review has shown, the trading platform accepts a variety of payment methods for purchasing cryptocurrencies using fiat currencies including USD, EUR, AUD, CAD, GBP, etc. Even without discounts and promotions, KuCoin boasts the lowest trading fees. Utilize this site if you wish to purchase or sell any cryptocurrency. Visa, MasterCard, ApplePay, and SEPA debit and credit card purchases are supported by KuCoin. Along with bank transfers, KuCoin Peer-to-Peer Exchange provides 20 other payment alternatives. Additionally, a fast buy option is available for receiving cryptocurrency immediately. Investors from all over the world can buy cryptocurrencies using fiat money. Using this site, you can trade a wide variety of cryptocurrencies for very minimal fees.
Unfortunately, the US is not included in the list of nations KuCoin serves on its Know Your Customer (KYC) page. You can still access Kucoin in the US, but you can’t use all of its features, which has a direct influence on your trade. Normally, KuCoin limits the amount that US citizens can withdraw and trade in order to stop money laundering in unregulated nations.
A VPN is helpful. By replacing your real IP address with one from a nation where KuCoin has full licensing and trading as though you are in that country, it makes sure you have full access to KuCoin. As a result, the platform assumes that you are at an authorized location and grants you full access to all of its features.
Not all VPNs can, however, get through KuCoin’s VPN detecting algorithm. I advise you to use one of the VPNs I tested to make sure you won’t have any trouble viewing this site.