by Kucoin crypto exchange app review 2024, compiled here. Kucoin crypto exchange is one of the popular trading app across different continents worldwide. This trading app has a variety of services such as margin trading, P2P trading, and spot trading. This platform begun it’s cryptocurrency exchange operations in 2017. It has been growing since then and it’s currently available in several countries.
Today, it has more than 30 million users in more than 200 countries globally. Thanks to it’s wise range of features that has impressed many users. Here, we are going to look at those features, including security, fees, customer support, cryptocurrencies available, and more. Additionally, you will be able to see if it is the right trading app for you. Therefore, we have come up with this topic kucoin crypto exchange app review. We will take you through everything below, let’s dig in.
Table of Contents
Kucoin trading app review – fees
You can deposit money on Kucoin for free. However, withdrawal fee will vary depending on the type of cryptocurrency and network. You can use networks such as bitcoin, tether, and Ethereum to transfer cash. Alternatively, you can also transfer money between the accounts. It is absolutely free when you are using internal transfers option.
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Kucoin trading app review – cryptocurrencies available
Kucoin crypto exchange has different cryptocurrency you can use to transfer your money. Currently,they offer at least 850 cryptocurrencies for it’s users to buy, sell as well as trade money. Some of the major cryptocurrencies available right now are Bitcoin, Dogecoin, Ethereum, Shiba Inu, XRP, and Polkadot.
Kucoin trading app review – Payment methods
This platform has a variety of payment methods it’s users can use. The users can exchange their money using different options. They include, PayPal, Zelle, Bancontact, Giropay, Bank transfer, Idea, Visa/MasterCard, apple pay, SOFORTBanking, and third party payment processor. Additionally, they support a number of currencies such as Eur, AUD, Qar, JPY, CNY, IDR, VND, PHP, and more.
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Security
Kucoin crypto exchange has different measures in place to ensure that their users data is well secured. One of the measure is offline user fund storage. This measure ensures that the users funds are stored in cold wallets that are offline. Therefore, this will protect users data and funds from online threats. Additionally, they have real time monitoring from their 24/7 system that monitors any risk. They will check on any suspicious activity. We have more other security measures like Anti-phishing code, fund password, mandatory AML.
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Join Kukoin legal crypto exchange Now
Customer support and review
We have a variety of customer support for this platform. You can check on their help center where you’ll find some of the common questions or you might also start one. You will be able to encounter some of their helpful articles. Additionally, you can go through some of the frequently asked questions and the answers are also provided.
You can still contact kucoin crypto exchange team via their email address,(support@kucoin.com) . The customer reviews for kucoin are not bad. They have a rating of 4.4 out of 5 on Google play. Customers have also complained about the response of the customer support. Apparently, many are claiming that they take a lot of time to respond. People are also complaining about trading of some coins that aren’t popular.
Trading experience
Kucoin crypto exchange has a great trading experience. The users can trade in this platform via a variety of methods. We have an online portal and an app for android and iOS devices. The mobile apps also have an abundant tools to use. It is simple to log into this platform and access their markets like buy Crypto, lend Crypto, trade, and more.
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We have a variety of order types on this platform, for example stop-limit, stop-market, market, and more. However, their mobile and desktop platforms aren’t used friendly. Therefore, customers can go through their robust help center to find some answers on the common questions.
Supported countries
The countries that are supported are India, United Kingdom, Russia, South Korea, Nigeria, Spain, Japan, Greece, Vietnam, Cameron, Denmark, Canada, France, Chad, Turkey, Vietnam, Australia, Dominica, and more.
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Staking rewards
A good number of cryptocurrencies exchange have a staking rewards. Kucoin crypto exchange is one of those crypto companies that have a staking rewards. You can earn interests daily with this platform without locking your assets. The platform has high APY unlike some other cryptocurrencies exchange.
Pros of Kucoin
- It has a massive number of cryptocurrency exchange. More than 830.
- Their fee structure is friendly. You’ll get up to 20% discounts, also free transaction.
- You will earn interests in a variety of ways such as lending, flexible earning, and staking.
- There trading app has abundant tool to allow you trade with ease.
- It is well secured, hence you will have some privacy.
- It has a variety of payment methods to it’s customers.
- It is available in many countries.
Cons of Kucoin
- Kucoin is currently not available for crypto traders in USA.
- It has negative reviews on customer support.
Popular FAQs
Here are some of the questions that many users normally want to know about kucoin crypto exchange. We have provided answers to those questions.
Does kucoin require kyc
Yes, it is mandatory to have a verified kyc in order to use kucoin.
Is kucoin a reliable exchange
This platform is a legitimate cryptocurrency exchange. It has more than 30 million users in different regions globally and It is currently available in more than 200 countries. Though it is not regulated by top licensing bodies. However, it operates legally as a digital assets exchange. Moreover, this platform has a reliable security to protect users personal information and assets.
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Which is better, Binance or kucoin
Kucoin crypto exchange has multiple tools in place. On the other hand, Binance also has a number of trading tools for their users. In regions where regulations are strict, Binance can be the best option since they are licensed in most places.
Is kucoin right for you
If you are an advanced trader, this platform may be a great alternative for you. First of all, their cryptocurrency exchange is unregulated. That means that you will have a large cryptocurrency to choose from.
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