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Are you seeking to begin buying, promoting and trading cryptocurrencies, however aren't sure if Kucoin is the right exchange for you? Or maybe you've seen a specific coin listed on Kucoin, and now you want to be sure that it’s safe to make use of? So, you’re on the lookout for a Kucoin evaluate?
Well, whatever it's that you just need to discover out about Kucoin, I have it covered! In this Kucoin overview, I'm going to start out by supplying you with a brief introduction in to the background of the alternate, followed by how simple or tough it is to make a deposit.
Following that, I'm then going to let you understand what coins you possibly can deposit, what verification process they've, and then lastly, I will list all of its advantages and disadvantages.
By the end of reading my guide, you will have all the information you have to determine whether Kucoin is the best trade for you!
So, what are you ready for? Let’s bounce in to the first a part of this Kucoin evaluation — the alternate’s background!

Kucoin is a third party trade that means that you can purchase, sell and trade numerous totally different cryptocurrencies. It was created in Might 2017 by a group of skilled enterprise specialists who had beforehand worked on projects such as Ant Monetary and that iBox PAY. Kucoin is one among newest cryptocurrency exchanges within the industry.

The objective of the founders was to create a easy and safe platform for individuals all around the world to make use of to trade a range of digital coins. In the long-term, they want to be one of many 10 prime largest exchanges on this planet, and they hope to achieve this by 2019.
Because it was launched, Kucoin alternate has not experienced any notable problems, and usually, the alternate doesn't undergo from any system overloads. It is now doable to access the Kucoin platform via a desktop pc, as well as on the Kucoin app on both Android and iOS.
In early 2018 it was reported that Kucoin has more than 1 million users. Nonetheless, their common trading volume is way less than other common exchanges resembling Binance.
Whilst writing this Kucoin review, I additionally discovered that the exchange also has their own cryptocurrency called Kucoin Shares (KCS)! By holding KCS cash, Kucoin customers get discounted trading fees.
Furthermore, holders of KCS coins additionally get a 50% share of all trading price profit made by the alternate! The Kucoin cryptocurrency experienced all-time highs in January 2018 of more than $1.eight billion!
So, now that you know about their background, the next a part of my Kucoin review is going to debate the types of cash you should buy!
Coin Availability
On the time of writing (June, 2018), Kucoin have more than 340 totally different trading pairs available. An instance of a trading pair is BTC/ETH, which means to trade Bitcoin with Ethereum. They assist more than 75 individual cryptocurrencies and they are adding to this list all the time.
Within this list includes nearly all of in style cash, resembling Bitcoin, Ethereum, Litecoin and Bitcoin Money, as well as less popular (but still top cryptos) coins comparable to VeChain and Lympo. The easiest solution to get a complete up-to-date list of what cryptocurrencies you can trade at Kucoin is to click here.

Kucoin Charges
One of many most important aims of Kucoin is to offer their traders very low fees. But just how low-cost is it?
Firstly, cryptocurrency deposits are free, aside from the blockchain transaction fee that you simply pay to make the transfer. In fact this will depend on which cryptocurrency you are using.
In the case of making a trade, you'll only pay 0.1% of the quantity you are buying. For example, should you wished to buy $a thousand price of Litecoin, you would only pay $1! This is among the lowest within the business, which is an efficient reason to use Kucoin.
By way of withdrawing your coins out of the alternate, the fee is dependent upon what cryptocurrency you need to take out. Kucoin have a full list of each withdrawal price, which you possibly can view by clicking this link.
So, now that you know in regards to the completely different cash that Kucoin accepts and the Kucoin charges, the next part of my Kucoin review is going to take a look at the totally different cost methods, together with any verification steps you would possibly need to take.
Cost Methods and Verification
Does Kucoin settle for fiat foreign money? Well, unfortunately they don’t, meaning that you'll want to deposit utilizing one other cryptocurrency.
If this is your first time in the cryptocurrency business, the simplest method to get began is to buy a popular cryptocurrency like Bitcoin or Ethereum at Coinbase. Coinbase allow you to use traditional payment strategies equivalent to a debit card or bank account. Once you have achieved this, you can then transfer your cash directly in to your newly created Kucoin account.

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