KuCoin is a third-party exchange that lets you buy, sell, and trade a variety of cryptocurrencies. It was founded in May 2017 by a group of seasoned business professionals who had previously worked on projects like Ant Financial and iBox PAY. KuCoin is one of the industry’s newest cryptocurrency exchanges.
The founders’ goal was to create a simple and secure platform for people all over the world to trade a variety of digital coins. In the long run, they hope to be one of the world’s top ten largest exchanges.
Since its inception, the KuCoin exchange has not encountered any significant issues, and the exchange is generally free of system overloads. The KuCoin platform can now be accessed via a desktop computer as well as the KuCoin app for both Android and iOS.
KuCoin appears to be very popular for new cryptocurrencies that have completed their ICO, which means it is a great exchange to use if you want to buy cryptocurrencies at the very beginning of their trading journey. For HYIP business, there is always a need for select quality HYIP Script or HYIP Software for a successful HYIP business.
KuCoin’s main goal is to offer its traders extremely low fees. To begin with, cryptocurrency deposits are free, except for the blockchain transaction fee that you must pay to complete the transfer. Of course, this is dependent on the cryptocurrency in question.
When you make a trade, you will only pay 0.1 per cent of the amount you are purchasing. For example, if you wanted to buy $1000 worth of Litecoin, you’d only have to pay $1! This is one of the industry’s lowest, which is a good reason to use KuCoin. The fee for withdrawing your coins from the exchange is determined by the cryptocurrency you wish to withdraw.
There is a benefit to using cryptocurrencies for deposits and withdrawals. Users are not required to identify themselves to begin trading because the exchange has no relationship with fiat currency. This means that you can trade without revealing your identity.
Even better, there are no restrictions on the amount of money you can deposit or withdraw! This is a significant advantage because other cryptocurrency exchanges require you to upload verification documents such as your passport and bank statement, which can take up to two weeks to verify.