Everything about Kucoin Exchange. In this article on shetcoiner site, we want to examine this exchange; so stay with us until the end of this article.
Kucoin Exchange
KuCoin is a popular exchange that allows you to buy, sell and trade many different crypto currencies. The exchange was created in May 2017 by a group of experienced business professionals who had previously worked on various projects. The goal of the exchange’s founders was to create a simple and secure platform for people around the world to use it to trade a wide range of crypto currencies. The plan they have for this exchange is that in the long-term they want to become one of the 10 top exchanges in the world and hope to achieve this important and valuable position by 2021.
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KuCoin Exchange has not experienced any significant problems since its launch, and this exchange has not encountered the common problems that exist for exchanges. If you want to access this exchange, there are several ways. You can work with the desktop version of this exchange through the site, or use the program of this exchange that is available in Android and iOS. It is interesting to know about this exchange that in early 2018, it was reported that KuCoin has more than 1 million users.
You have to pay attention that there are ways if you want to pay less in your transactions. One way is to use a crypto currency called KuCoin Shares and keep it in your account. This will make you pay less when you do your trading. The currency peaked in January 2018 at more than $ 1.8 billion.
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However, this average trading volume is much lower than other popular exchanges such as Binance. In addition, KCS coin holders also receive 50% of the trading commission interest generated by the exchange! KuCoin cryptocurrency reached its highest level in January 2018, more than $ 1.8 billion. In the section, we want to deal with the advantages and disadvantages of this exchange in general.
Advantages and disadvantages of Kucoin exchange
Advantages
- Users can invest in KuCoin success through KuCoin shares.
- Integration with Arwen allows users to start trading without depositing money into their wallet.
- KuCoin exchange speed to quickly add new and innovative crypto currencies. This means that users have access to a large number of currencies, eliminating the need for them to use other platforms.
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Disadvantages
- It is difficult for people who have just entered the world of crypto currencies to use this platform.
- This exchange does not have the volume of transactions that exist in other exchanges and it can be considered as its weakness.
In this article on shetcoiner site, we have examined this exchange. This exchange is one of the best crypto currency trading platforms, but you can research it to be sure to your choice.
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