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[artpong]

Kucoin is a cryptocurrency exchange that launched in August 2017.

To use the exchange all you need to do is sign up, verify email and enable 2FA.
You can use either mail 2FA or mobile 2FA. You can use Google Authenticator or Authy for this.

The exchange was build to spotlight various coins that are mostly utility focused.

Kucoin has not that many coins listed, and a lot of the coins that are listed are exclusive on Kucoin, which means that if you want to trade certain coins, you are forced to use their exchange.
This is not a bad thing, because Kucoin has a great looking site and great customer support that is pretty active on various social media. When you look at other exchanges they might make you wait for days for a response, but Kucoin usually responds within the same hour, if not in minutes.

Kucoin sports their own coin just like Binance (Binance has BNB), but they offer a few perks that BNB does not have.

The Kucoin coin is called Kucoin Shares, and that coin gives you a dividend on the platform.
You need to buy the coin on their exchange, and hold it in your account to receive a daily dividend.
The daily dividend you get from the shares can differentiate because you get a small piece of the trading fees of that day. The more kucoin shares you hold the bigger amount of dividend you will get. There is a calculator available to calculate the dividend you get, but it is not very accurate.

To get a bonus the account must have at least 6 KCS deposited in their balance and holding it for at least one day.

KCS has a good chance to go up in value since the site buys the KCS back every day, with 50% of the trading fees they made that day.

They have an affiliate program available for webmasters.
Grab your referral link from the referral bonus page, and promote that to receive a part of the trading fee from users. The referral system works on three levels, so you can invite a friend, and if that friend invites someone else, you receive an affiliate commission from both persons.
The bonus is paid in KCS.

I personally use this site a lot since it offers a sleek design, fast deposits, and withdrawals.

Make sure to keep an eye on their twitter account, since they do a lot of giveaways that you can join as a free user with no deposits on the site.

 

[Yugocean]

I was thinking about this exchange, lthough I do not have account there, but I checked this sometimes pay more then actual value showing in coin market; such investment would be better.

 

[Awan Cheyanne]

This almost sounds like a stock market where you exchange coins and buy shares instead of stock. Is there any way to know how strong this currency is and the company is? I've never really looked into these types of companies before and I'm curious is there anywhere we can check to see the value of this company, how strong it is, and how likely or unlikely it will be that that fold up and close down. If that happens you'll lose your investment inside this company.

 

[Yugocean]

KuCoin have higest volume of Revain (R) priced at $3.17 which is actually praiced in coin market at $3.23, same it have ETH priced at $931.60 which is in market price of $934.57 (current)
This means KuCoin actually is paying below the real rate.

 

[Awan Cheyanne]

KuCoin have higest volume of Revain (R) priced at $3.17 which is actually praiced in coin market at $3.23, same it have ETH priced at $931.60 which is in market price of $934.57 (current)
This means KuCoin actually is paying below the real rate.

So if this is the case that it is paying below market rates it makes it a poor investment. You shouldn't move your coins to an account that earns you less than you are currently earning. That would be crazy to take a major loss in revenue to join a site that pays less than others in the market. I'm wondering what is so attractive about this site that people would take their funds out of a higher paying market and invest in a lower paying market.

 

[Yugocean]

KuCoin is giving more for small coins, for example lesser known coins like Modum (MOD) that is valued at $3.38 in coin market, KuCoin it is offering $3.55 for NEO exchange eith MOD.

 

[Awan Cheyanne]

In a financial stand point it still doesn't make good sense to take a coin from one market that is paying a higher rate and invest in a different coin in another market because it is paying a few cents higher rate. People have no clue if the Modum coin will retain or hold it's value and there is a giant question why would this site pay out more than the market value? To me this is a risky trading adventure that could lose you a lot of money in the end. It is better to say in one market that has a reputation and is secure so you won't lose money transfer to a new market who doesn't yet have a reputation. I feel it is too risky to move to this market and why they pay lower on some and higher on other currencies in this market.

 

[BMF]

I just joined KuCoin because I wanted to watch Electroneum price and my plan is to buy some ETN coins when the price seems to go up.

I would like to know if you encounter recently any problem with this trading platform?

 

[hellr4izer]

I've been using this exchange for a while now. This is a descent exchange they have good volumes. But don't store big amount on exchange they might run with your money anytime.

 

[kakfat]

I just watched a video review of this exchange site and it was nice and cool, I am gonna create an account with them for transaction however, I agree hell4zier for not keeping much cash there for safety reasons cos no one may inform if there is gonna be close or crash down

 

[Scott W]

I just watched a video review of this exchange site and it was nice and cool, I am gonna create an account with them for transaction however, I agree hell4zier for not keeping much cash there for safety reasons cos no one may inform if there is gonna be close or crash down

First off you don't keep your cash there. This is a cryptocurrency exchange where you buy and sell various cryptocurrencies, not a bank. When you withdraw you take out whatever gains you may have realized from the sale of your cryptocurrencies, which is done so in one of the larger cryptos like Bitcoin, Ethereum or Litecoin. This is then transferred to another exchange like Coinbase where you then can cash it out into fiat currency.

Second, the odds of them just closing and running off with your money are not very high.

Lastly, the cryptocurrency market can be pretty volatile. If you make the wrong moves at the wrong time you can lose a lot of what you invested. NEVER EVER invest what you can't afford to lose.

 

[fat-lip]

Who is in the Kucoin bonus?

 

[Yugocean]

KuCoin Giveaways

KuCoin is promoting giveaways in twitter, users just need to follow it and retweet the offering tweet tagging with 3 desired people, and adding the hashtag they require for tweet promo. Some of the giveaway promo are still going on.
These giveaways are in form of competition, only few winners are selected.
Did you completed any of the giveaway competition?

 

[BusyCat]

I've been using this exchange for a while now. This is a descent exchange they have good volumes. But don't store big amount on exchange they might run with your money anytime.

True, that's the reason why I prefer to store cryptocurrencies in private wallets like trust wallet or okex. Binance is more trusted than kucoin as it has got large user base and other benefits. I use kucoin to instantly exchange between the cryptocurrencies and withdraw it to my wallet at the same time.

 

[Yugocean]

True, that's the reason why I prefer to store cryptocurrencies in private wallets like trust wallet or okex. Binance is more trusted than kucoin as it has got large user base and other benefits. I use kucoin to instantly exchange between the cryptocurrencies and withdraw it to my wallet at the same time.

The post to which you have replied is 4 years old, the above post has not even updated anything, in that time people's views and behavior of the forum also changes.
How do you handle fees if you use Kucoin for quick exchange and withdrawal?
KuCoin fees is not easy to bear, moreover people do HODL some in their reward to earn some interest, and withdraw when they cover fees with interest.

 

[BusyCat]

The post to which you have replied is 4 years old, the above post has not even updated anything, in that time people's views and behavior of the forum also changes.
How do you handle fees if you use Kucoin for quick exchange and withdrawal?
KuCoin fees is not easy to bear, moreover people do HODL some in their reward to earn some interest, and withdraw when they cover fees with interest.

Fees for withdrawing USDT is just $1 for tron blockchain which is not much for me , as I often withdraw more than 20 USDT which I earn from other sites or win from casinos. I am not much aware about their reward program , I only have some amount in my futures account that I never used it to trade and withdraw.

 

[Yugocean]

Did you ever tried BCH/LTC?
Their fees is low, however these are not POS unlike TRX.

Normally exchange charge only 1 TRX, don't you think that 1$ worth TRX is a bit higher?

You can also use some other exchange program to receive your desired crypto for low fees, so what is KuCoin's attraction?

 

[Japhnet]

Kucoin is a good currency exchange i use to trade. I ise mostly the line graph of the buyers and sellers to analyse the market.

 

[Yugocean]

KuCoin has started the second season of its content programme, which will run from May 1st through May 31st, 2022. A $1 million BTC pool is up for grabs.

Eight themes for content development have been produced in this new session. Each user can only participate in three topics per month, according to KuCoin regulations. As a result, everyone has the opportunity to post content on at least three different topics.

 

[Yugocean]

5th Anniversary Update
KuCoin is holding its 5th anniversary party in Singapore, and there was also a competition to give free travel to a super lucky winner in which Priyanka M from India has been chosen as the winner.

In addition, there is also a contest to share how to earn with your native token KCS, which has a prize of $1,000 USDT. At the moment there is only one way to earn with KCS, and that is to hodl it in KuCoin bonus.