Kucoin is a very safe Cryptocurrency exchange which makes it helpful to sell, purchase and store cryptocurrencies such as BTC, ETH, KCS, SHIB, DOGE, etc.The Co-founder and CEO of Kucoin are Johnny Lyu. It was founded in September 2017. It holds More than 8 million registered users across 207 countries. Kucoin has extremely low trading fees. It offers a 20% discount when you pay fees with KCS coin. Hence, the price of the 1 kucoin share after the conversion varies from currency to currency. Hence, if you want to check it in a specific currency then you have to convert it.
Requirements Of documents required for KuCoin:
- One ID is acceptable for a maximum of 3 KuCoin accounts.
- The format of the image must be JPG and PNG.
- Multiple certificates are needed, like an ID card, driver’s license, or passport.
- If you have some problem when uploading the identity information and photos, it is due to your network, which may also affect the upload’s failure.
Advantages Of Kucoin
- It is very simple to use, which is best for beginners.
- It has the best security features.
- Verification is not required.
- Huge range of coins.
- Customer service is good. It is available all the time.
- It offers very low fees to its traders. Results customers feel more comfortable.
How It Is Secure
Before depositing your money, you must be satisfied whether it is safe. But here is no confusion as it provides the world’s most sophisticated security technology and, Continuously improves our security systems to confirm the safety of user accounts.
Cryptocurrencies
The invention of Cryptocurrency was held in 2008. The currency started to use in 2009.
Kind Of Cryptocurrency Exchange
- Centralized exchanges.
- Decentralized exchange.
- Hybrid Cryptocurrency exchange.
Bitcoin:
It is a decentralized cryptocurrency that is transferred on a peer network. Bitcoin is one of the big reasons for KuCoin’s popularity. Bitcoin talk was announced in 2010 by the bitcoin market, and it was also launched in the same year by Satoshi Nakamoto, the bitcoin developer. Bitcoin exchange is one of the largest cryptocurrency exchanges. The word bitcoin is the combination of two words, bit and coin. Cryptocurrency Bitcoin prices are very high. Recently one bitcoin equals 20,746.20usd.
Shiba Inu
It is another type of decentralized Cryptocurrency created by Ryoshi in August 2020. At the start of October 2021, its value increased by 240% per week. But unfortunately, In early November, the Shiba Inu coin price dropped and constantly lost approximately 55% of its value.
Conclusion
To sum up, all my research, as I explain above. You noticed that there are plenty of reasons to choose KuCoin. There is no doubt that Kucoin is globally used as a cryptocurrency exchange. It is also called the people’s exchange. It has micro-withdrawal wallets. The kucoin wallet is to be used as an exchange platform. Kucoin also doesn’t engage the funds of the customer on users’ behalf. Users admit that Kucoin is a safe, reliable, and convenient plate form. It is also partnered with an Onchain Custodian company for the security aspect.
