KuCoin is a global cryptocurrency exchange boasting eight million members and a huge spectrum of coins. Providing the highest level of protection, the Kucoin Exchange features more than 400 unique cryptocurrency selections. Additionally, the Kucoin crypto exchange offers some unmissable features including trading bots, spot trading, among others that rightly makes it “the People’s Exchange.”
KuCoin has seen huge success in the past 33 months. Therefore, signing up on the KuCoin exchange is pretty easy and hassle-free. In the middle of the KuCoin ecosystem, lies its very successful token, KCS. It holds the promise to become a lucrative investment option for the long term. Additionally KCS tokens come with an array of real-world applications from hotel bookings to borrowing USD. We discuss this and much more about KuCoin’s unparalleled features in this article. So, without further ado, let’s dive straight in!
KuCoin Signup Process
First things first, let’s understand the sign up process which will allow you the flexibility to trade on the KuCoin exchange. You may sign up for the Kucoin trading platform in two easy steps:
- To complete the registration, enter the email address you want to register with and click the “Send Verification Code” button; input the verification code you received, establish the login password, check “I have read and agree to the “Service Agreement”,” and then click “Register now.”
OR
- Register with your mobile phone number, select the area code, enter the correct mobile phone number, and click the “Send Verification Code” button; enter the verification code you received, set the login password, and check “I have read and agree to the “Service Agreement”,” then click “register now” to finish the registration.
Well, that’s it! You’re good to go. Once the sign up is successfully complete, you can easily start trading!
Accepted Payment Methods
KuCoin accepts payment methods such as PayPal, wire transfer, and Interac e-Transfer for their P2P Fiat Trade. The users are free to use whatever payment method that P2P Fiat Trade merchants accept, as long as it is convenient, quick, and trades at the best price.
The Revolutionary KuCoin Exchange Products and USP
From trading crypto-assets, the KuCoin exchange offers a wide range of products and services. Let’s take a look at a few of them:
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Spot Trading
Also known as instant trading, spot trading allows users to purchase and sell cryptocurrencies at a fixed exchange rate. KuCoin’s spot trading features a fixed trading charge of 0.1 percent for makers and takers, which is a compelling reason to use it. It is relatively low when compared to other exchanges such as EOS and Binance.
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Futures Trading on KuCoin
Margin trading with up to 100x leverage is possible with KuCoin. The ability to trade contracts worth more than the trading funds in one’s account is a big advantage of high leverage. BTC and USDT are two of the most widely traded contracts.
Futures Lite and Futures Pro are the two most common varieties. The Pro edition is for advanced traders or professionals, and the former is for beginners, as the name implies.
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KuCoin P2P
Without going through a broker or financial institution, KuCoin Peer-to-Peer allows investors to move or swap cryptocurrency from their accounts to the accounts of other users. Users can buy crypto using fiat currencies such as USD, EUR, GBP, CAD, IDR, AUD, and others through our quick exchange.
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KuCoin Margins
It allows traders to borrow another user’s crypto coin in order to increase the amount of cash available for leveraged trades. KCS (KuCoin Token), BTC, ETH, and other cryptocurrency tokens are commonly utilised for this form of trading on KuCoin.
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Trading Bot for KuCoin
KuCoin Trading Bot is just the right assistance for first-time cryptocurrency users. It’s a free trading tool that comes with four strategies to help users save time and
money while increasing profits. It’s the same as setting up a round-the-clock bot but for your trading strategy. The traders can use Spot Grid, DCA, Futures Grid, and Smart Rebalance to profit from market volatility.
What is KuCoin Lending and Staking?
You can lend your idle assets to other KuCoin users who are looking for margin trading loans using the lending and staking protocol. To secure a loan, the traders must keep a specified quantity of assets as collateral. Thus ensuring that they can repay the USDT if his prediction is incorrect and BTC falls in value.
A KuCoin staking pool is a collection of stakers that have pooled their resources. They do this in order to improve their chances of being selected as block validators and receiving the staking reward. They pool their resources and split the profits proportionally to their contributions to the pool.
KCS Bonus and Benefits
A daily bonus can be obtained by holding at least 6 KCS, which comes from 50% of KuCoin’s daily trading fee revenue. KCS Bonus is also regarded as one of the most effective methods for generating passive income.
KCS bonus has a 7-day average annualized yield of more than 9.9%. Users who have held KCS for 959 days and received more than $1 million in incentives can be found on the KCS Bonus Leaderboard. That being said, the following are some of the advantages of owning KCS:
- Having a large number of KCS can help you save money on transaction costs. ● Already included in a number of well-known Dapps and other applications ● Bonus from the KCS
To Conclude
KuCoin, as the “People’s Exchange,” has always supported high-quality crypto assets. Through different techniques like direct listing, community vote, Spotlight, KuCoin Win, BurningDrop, and others, they have found 400+ high-quality assets. Over the course of this four-year journey, they’ve gone from zero to $500 billion in transaction volume.
Summing a total of 820 million traders and an average daily transaction volume of more than $4 billion, this is about 791 % growth year over year. From $0.4 billion, the peak transaction volume has surpassed $10 billion. The increase of the user base is
the reason for this. The number of registered KuCoin users has now surpassed 8 million.
So, are you a cryptocurrency newbie? Don’t worry, KuCoin’s a user-friendly exchange with a simple and intuitive interface. With some of the lowest costs in the business, KuCoin’s customer service team is ever-ready to help.
KuCoin recently partnered with Blockwiz, a global crypto marketing agency that provides integrated cryptocurrency marketing solutions across crypto influencers, PR, SEO, and social media; in an effort to strengthen online communities and meet their business objectives.
So, do you want to earn rewards by lending and staking on the KuCoin exchange even while you sleep? Well then hurry up, the clock is ticking! For more information, explore the KuCoin exchange community on Twitter, Telegram and their other social channels.
