KuCoin – The Largest Crypto and Altcoin Exchange for Beginners and Robot traders

KuCoin – The Largest Crypto and Altcoin Exchange for Beginners and Robot traders

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Kucoin Review

 

Kucoin is a leading international cryptocurrency and altcoin exchange that was founded in 2017 by Johnny Lyu. This exchange offers more than 700 cryptocurrencies and is also one of the largest social trading platforms, with more than 20 million users worldwide.

 

Features

📅 Year Founded2017
🏛️ FounderJohnny Lyu
🔎 TPS100,000+
🚀 Support24/7 Customer Service, live chat & social media
💰 TokenKCS
💳 Walletn/a
👥 Clients20 million+
💰 BonusContests, Referral reward, rewards hub

Up to 500 USDT in bonuses for new users
🌐 Types of instrumentsSpot markets, futures, margin trading, derivatives
📈 Crypto700+
📊 StakingYes
✔️ Beginner-friendlyYes

 

KuCoin 8 key point overview:

  1. ✔️Overview
  2. ✔️Special features
  3. ✔️Tokenomics
  4. How to open an account
  5. Wallets
  6. How to buy crypto on this exchange
  7. Support
  8. What makes KuCoin special

 

Overview

kucoin overview

 

👉 With Kucoin, you can start building a crypto portfolio with as little as $1, which makes this a low-risk exchange that is suitable for beginners.

 

👉 Kucoin is not only a cryptocurrency exchange, but it is also a fintech platform that offers crypto loans, trading bots, staking programs, mining pools, trading contests and much more.

 

Special features

kraken features

 

👉 One of the many perks of trading with KuCoin is owning a KuCard. When you register your card, you will earn 1,000 Tether stablecoins (USDT) and all you need to do is create a KuCoin account and provide proof that you live in one of the supported countries or regions.

 

👉 KuCard owners are eligible for cashback rewards and exclusive membership benefits and can be linked to the Google Pay and Apply Pay apps to make everyday purchases and payments easier.

 

👉 The KuCard can be used for real-time crypto payments at millions of merchants worldwide and supports over 50 fiat currencies. It is completely free and there are no additional account fees.

 

👉 If you’re a creative person, we recommend checking out the KuCoin Content Creator program which makes it easy to monetize your creativity.

 

👉 Every month, there will be new topics and the winners of the month will receive $500 worth of Bitcoin.

 

👉 Anyone can join this program and you can find out more about it by clicking on the menu button on the right side of the menu bar and selecting the “Content Creator” option.

 

👉 KuCoin also offers a wide range of NFTs and you can buy, sell and swap thousands of NFTs on Windvane or join the Wonderland NFT launch program to participate in play-to earn games and collect exclusive content.

 

👉 You can also buy Fractionalized Fungible Tokens (FFTs).

 

👉 Fractional tokens give each holder a percentage of ownership on an NFT and the FFTs on Kucoin will be converted to bluechip NFTs once they are fractionalised.

 

👉 Only projects where the overall NFT market agrees that the collection or artist is high quality can be considered a blue chip, so you could get your hands on some really rare collectables!

 

👉 For those of you who like convenience and efficiency and are interested in automated trading, KuCoin is an exceptional crypto platform for robot trading and more than 8 million bots have been created on the KuCoin platform.

 

👉 The KuCoin trading bots are free-to-use software programs that can be used to automate trading and the most common strategies used on KuCoin are Spot Grids, Dollar-Cost Averaging ( or DCAs), Futures Grids, Smart Rebalances and Infinity Grids.

 

👉 You can also earn passive income by creating viable trading bots that people like to use.

 

👉 Another reason we really like Kucoin is the fact that you can borrow and lend crypto on this platform and the dashboard is user-friendly. Simply click on “Lend” or “Borrow” and choose a coin, an amount and a term. It’s that simple!

 

👉 There are also several other ways to increase your earnings with KuCoin.

 

👉 KuCoin Earn is a one-stop wealth management service platform where you can stake your assets, benefit from exclusive high-yield promotions and more.

 

👉 You can also participate in KuCoin contests, hold KCS Kucoin tokens to earn daily rewards, join the Kucoin mining pools or complete tasks. Head over to the rewards hub to see how you can earn more.

 

👉 Kucoin also offers a token launch platform where you can view all the latest token listings and get involved with upcoming blockchain projects.

 

Tokenomics

kucoin tokenomics

 

👉 The KuCoin Token (KCS) is the native ERC20 token of KuCoin.

 

👉 It was released in 2017 as a profit-sharing token that allows traders to draw value from the exchange.

 

👉 The initial supply of KCS was capped at 200 million, and its final supply is planned to stabilize at 100 million through a buyback and burn mechanism.

 

👉 Kucoin tokens power the KCC public blockchain and these tokens are also used to reward token holders.

 

👉 By holding at least 6 KCS tokens, you will qualify for a daily reward that comes from 50% of KuCoin’s daily trading fee revenue and your trading fees will be significantly reduced.

 

👉 KCS token holders also have access to exclusive token sales and you can convert your dust (or small amounts of crypto) into KCS.

 

👉 We recommend buying KCS directly from the Kucoin exchange to avoid unnecessary transaction fees.

 

How to open an account

👉 Before you can start trading or staking on KuCoin, you need to create an account.

 

Step 1: Visit the KuCoin website

Visit the official KuCoin to start the process of opening an account

 

open a kucoin account step 1

 

Step 2: Click on the “Sign Up” button.

To open an account with KuCoin, open the home page and click on the “Get Started” button.

open a kucoin account step 2

 

Step 3: Fill in the form.

You can sign up with your email address and you will be required to fill in your personal details. Once you have created your account, you must verify your email address or mobile number.

open a kucoin account step 3

 

👉 Once your account is verified and complete, you can make your first deposit and start trading!

 

👉 Kucoin also offers a VIP program with lower fees, higher withdrawal limits, low-rate margin loans, bigger referral bonuses, 1-on-1 customer service 24/7 and a wide range of other exclusive VIP perks.

 

Wallets

kucoin wallet

 

👉 KuCoin offers both custodial and noncustodial services.

 

👉 That means you can either store your crypto assets directly on the KuCoin exchange, or connect a third-party wallet directly and trade from there.

 

👉 If you prefer using third-party wallets, we recommend using Metamask, Trust Wallet or the Coinbase wallet.

 

👉 The MetaMask software wallet can be used to conveniently buy, sell and trade cryptocurrencies using the built-in exchange and it allows you to connect directly to a variety of blockchain apps.

 

👉 Trust Wallet is free to download and use, and supports a total of more than 160,000 coins and digital assets, which can easily be traded and managed directly from the wallet.

 

👉 The Coinbase software wallet supports more than 4,000 digital assets and offers a built-in dApp browser.

 

👉 It can be used to store NFTs and integrates seamlessly with the Coinbase exchange.

 

👉 You can also use the Trezor and Ledger hardware wallets for more security.

 

How to buy crypto on this exchange

kucoin buy crypto

 

👉 Once you’ve created an account and linked your wallet, you can start buying crypto.

 

👉 You can either buy crypto from the Kucoin web exchange or from the mobile app.

 

👉 Download links for the Kucoin platforms can be found on the homepage, along with beginner’s guides to get you started.

 

Support

kucoin support

 

👉 Now you have an account and your wallet is ready, but if you need assistance with anything else, you can contact the KuCoin support team and they can be reached directly via live chat or you can submit a web ticket.

 

👉 We also recommend visiting the support centre to view guides and tutorials on creating and managing your account, making deposits and withdrawals, and everything else you need to know about the platforms and products.

 

What makes KuCoin special

👉 Kucoin is one of the largest and safest crypto exchanges in the world.

 

👉 More than 20 million people from all around the world are trading with Kucoin and this exchange offers more than 700 cryptocurrencies and altcoins, which is a lot more than most other exchanges offer.

 

👉 You can also grow your NFT collection by exploring Kucoins Marketplace and there are many different ways to increase your earnings and automate your trades through Kucoin.

 

👉 Open your Kucoin account today and bring a few friends along to earn your stars and win prizes!