KuCoin is one of the fastest-growing Cryptocurrency exchanges in the world. Besides great services, KuCoin is also highly profitable for novice traders. Crypto trading is made easy on KuCoin since it is growing steadily, making it easier to earn more profit. This guide provides three reasons to choose KuCoin as your go-to exchange if you’re starting in the cryptocurrency trading industry.
Why Should You For An Instant Trade At KuCoin
KuCoin is ideally building its good reputation since it has established its name everywhere. KuCoin is a cryptocurrency exchange that offers great services for its users. The low transaction fees are a huge benefit for novice traders. KuCoin is the most precious trading circuit with lots of monetary benefits.
It also offers high liquidity and many of the popular crypto coins. One of the most attractive features is the Referral Program which allows you to earn up to 40% of the trading fees paid by your referrals. Withdrawal requests are processed in two business days if you use the native coin KCS.
That is much quicker than other exchanges, which can take up to one week or more. KuCoin is great for novice traders who want to trade crypto assets quickly. The benefits make this a good place to start trading without worrying about all the extra information. If you know how to trade on Coinbase or Binance, then there will be no difference for KuCoin.
An Instant Start Will Be Extremely Helpful
You can get started immediately with these transactions and save money on fees. Some people have different needs when it comes to their exchange and might not like some of the features offered by KuCoin, such as the lack of margin lending or binary options.
However, what is included makes this a very convenient place to start trading with little investment. KuCoin has gone above and beyond to ensure the user experience is always at the forefront.
KuCoin offers traders a wide variety of cryptocurrencies to trade and invest in. It’s highly profitable, especially since its KCS Coin gives traders some daily perks. One of the best features of trading on KuCoin is its excellent user interface, which is easy to use. Besides great services, KuCoin is also highly profitable for novice traders. Cryptocurrency trading is made easy on KuCoin since it is growing steadily. Cryptocurrency exchanges and assets are some of the most crucial aspects of your trading career. With a strong understanding of crypto, you can use exchanges such as Binance or Coinbase.
But if you’re starting and need to know what you’re doing, this might not be the best idea because they have higher fees than KuCoin and many other exchanges. Compared with other cryptocurrency exchanges, KuCoin offers lower fees, making it perfect for beginner traders!
The Advantage Of The Lowest Fees
These low fees give you more profits from your trades. And all deposits are made within 5 minutes, so there’s no need to wait for long before trading begins. The company behind KuCoin is dedicated to developing blockchain applications and promoting technical innovation by hosting competitions and workshops and supporting startups.
They are confident in their platform’s superiority over traditional financial markets. They completed their token sale after releasing their whitepaper in September 2017. When writing, the price per KCS coin was around USD 5.00 (500 cents).
KuCoins were sold at a rate of 1 ETH = 2,500 KCS tokens (1 ETH = 500 KCS), meaning each cost about USD 1 at the time of purchase. KuCoin currently has a market cap of USD 397 million, according to CoinMarketCap data.
Conclusion
One of the key benefits of joining KuCoin is that the site does not charge commissions like other exchanges. So when you sell your coins, you will receive 100% of the proceeds minus any network transaction fee charged by a third-party service.
Kucoin’s transaction fee for withdrawing cryptocurrency funds is 0%. Trading charges depend on the type of currency being traded. Trading pairs include BTC/USDT, NEO/BTC, and others, with different trading pairs offered daily.
Another benefit is that it provides real-time updates on trades via its mobile app – available on iOS and Android devices!