What Is Kucoin?

Established in 2017, KuCoin is a popular crypto trading platform that allows users to sell, purchase and trade cryptocurrencies.

[{"selector":"#anim-1a3dcfd7-b817-4f50-b6f5-1ea969d59744","keyframes":{"transform":["translate3d(115.31251%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-33d3cb74-77a6-4edf-b903-cd7df4ac9cc5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69796f77-6d63-4785-a9ba-1740fd51d40e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: cryptocointrade

Headquartered in Seychelles, KuCoin is famous in over 200 countries, offering users various trading options alongside margins and lending.

[{"selector":"#anim-2cc274bf-2ced-4179-96a2-df529b1a4535","keyframes":{"transform":["translate3d(111.78344%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-246b896b-0024-432d-96c7-6e09f4852558","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6117f7a5-1378-448e-9825-e7ff4c797a8c","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: Twitter-@kucoin.com

KuCoin offers support to over 700 different Cryptocurrencies. However, access to the range of cryptocurrencies has several terms and conditions.

[{"selector":"#anim-e64d87d5-3d05-425b-8733-f0adf6eff868","keyframes":{"transform":["translate3d(117.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e83bc7e1-95e4-4a96-9da8-3a033ff600f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f56891ed-b579-47f4-8094-fbf9a6db624e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: elitecurrensea.com

KuCoin charges minimal trading fees and is the lowest among crypto exchange platforms. It also has no monthly account fees and withdrawal fees on par with most exchanges.

[{"selector":"#anim-f1aa54ea-2b5e-41bb-ba65-79badd8dcaa8","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cbdd6ebc-dd56-467c-81ea-121ff9ca8045","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-504c101e-9362-4077-aff0-a6e409fafca1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: Edgeware

In addition, Crypto deposits are free, but one must pay to deposit traditional money, depending on the third-party app utilized.

[{"selector":"#anim-8027796e-2f99-4ea2-8713-259ab2e26412","keyframes":{"transform":["translate3d(115.78947%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73e3f9f8-f58e-4391-bcb8-6a65cc913d1e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-078f39ee-4214-48cd-b650-2e19a8644171","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: investorjunkie

However, US-based Traders cannot use KuCoin as it is not licensed there.

[{"selector":"#anim-2554088e-000f-4c92-8151-c9c066a9cf98","keyframes":{"transform":["translate3d(115.00001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af13263b-4fa9-420d-8636-48ef419e215b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a160f3ad-3910-4855-baa3-340063728784","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: NewsBTC

KuCoin is best for an expert-level trader due to its advanced features and unique coins.

[{"selector":"#anim-1a08d39b-cd2a-4b80-bf8a-a16a473fe597","keyframes":{"transform":["translate3d(128.73564%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf799d20-749b-4ba6-bbd1-59f4e8c858c7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f60749b-83ed-4387-9206-be53246c6244","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: gstatic

KuCoin's user reviews are very poor, with many users reporting difficulties with withdrawals and potential market manipulation concerns.

[{"selector":"#anim-515c938d-e6b9-478e-99f9-24964878db6e","keyframes":{"transform":["translate3d(111.45510%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ebf36b36-e266-417a-9311-2b79940372e7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d03c2655-de96-417a-9f7b-29e9a6c22343","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: Securities.io Learn more