Crypto is taking over the world! For us to be a part of this revolution, we need a website, a go-to for all the help and support we need to buy/sell/trade efficiently.
So, Ladies and Gentlemen, today let's review Kucoin and find out if it is the best Binance alternative.
From going live on August 13th 2017, Kucoin has come a long way since then. From adding numerous coins and options to make trading a lot easier to keeping transacting fees very low, Kucoin is currently ranked amongst the top Exchanges available today across the globe.
From this article, I want to give all of you a fair and unbiased opinion about Kucoin and whether it’s time to consider moving to this exchange or not. So, sit back, relax, and read on!
How Kucoin Works
To understand how Kucoin works, first, we need to register and create an account. Registration is easy and quick. Once done, please make sure you enable 2FA Google Authenticator to keep yourself and your investments totally secure by adding that extra layer of security.
Once you login, you will first notice a big header with the many giveaways that they keep graciously providing.
A Basic Look at Kucoin
It’s a very user friendly UI and not too complicated to figure out.
When you enter the Markets Tab, you will notice many coins mentioned on the left-hand side of the page with details such as the Last Price, Change, Amount(24Hr), Volume(24Hr) and the option of Fast Trading(Buy/Sell) any coin instantly. The various payers they are offering here are: BTC, ETC, NEO, USDT and KCS. You may also go into Settings (Above Market) and customize the look of the Markets.
When you enter the Assets Tab, here you will notice that it shows your balance of each coin, an Overview of your Portfolio on Kucoin.
Below Overview, there are options to Deposit, Withdraw, Active Orders, Dealt Orders and Income.
Here you may keep a check on your Active Buy/Sell Orders and the Orders that have already been dealt.
A cool feature is the Income section. Under this option, it shows you your Income ever since you’ve been an active member of Kucoin, or your first transaction.
How much the exchange charges to trade or transact, decides it’s acceptance with the users and how long it would last in the market. Kucoin has thought hard and decided very low transaction fees.
Please refer to the image below for the Fees as of today:
Things to Know
- This site supports using NEO as a mode of exchanging for various altcoins.
- ICOs in 2018 on NEO platform, will be first readily available on Kucoin.
- Regularly updated news on the homepage about recently introduced coins on their website.
- You may change the Currency look on the top left of the page but keep in mind direct INR is not supported on this site.
- You may trade/buy/sell/exchange coins for coins. No INR ALLOWED.
To get started using this superb Exchange for your Crypto needs,
1. Visit here to register for Desktop.
2. For Mobile, Scroll down to the bottom of this page and choose your preferred platform.
How to Buy/Sell Coins on Kucoin
1. Create an account.
2. Sign in to your account.
3. To buy Instantly, Enter the “Markets” page and you will see this:
Buy/Sell accordingly with your preferred Exchange coins set.
4. To Deposit/Withdraw, Enter the “Assets” page and choose your preferred option on the left-hand side of the page(Deposit/Withdrawal).
Final Take on Kucoin
Seeing how much the ICO on Neo grew last year on Kucoin, the ICOs to be expected in 2018 might look like they will go crazy when on Kucoin again. We highly recommend using this site not only for it’s sleek and easy to use design but mainly for their low transacting fees.
I have reviewed this website after thorough usage and am proud to say I will be using this website for NEO based coins for sure.
Best thing about Kucoin exchange
- NO KYC required.
- MOBILE APP
What do you think of this Exchange? Try it out here and let us know in the comments section below