KuCoin, a site with a daily turnover of more than $200 million in trading.
What is KuCoin ?
Kucoin (pronounced ku -koi) is a Krypto coin. It arises from the use of Platform Trading as a trading platform for various big coins like Bitkub.com or Satang Pro. Currently, there are more than 300,000 users of the Kucoin platform, with more than 200 million daily turnover in the trading platform . dollars or about 6,000 million baht per day and continues to increase! The current Board of Trade Kucoin a 1 in 4 Trading clip board was the largest in the world.
KuCoin is a Chinese cryptocurrency exchange founded on September 15, 09 in Hong Kong. The KuCoin.com floor only offers coin-to-coin pairs, i.e. it does not support trading coins with fiat currencies such as USD, EUR or VND. With popular currencies such as Bitcoin , Ethereum , Litecoin , KuCoin also supports a large number of altcoins and especially tokens of ICO projects.
Website https://www.kucoin.com/
Features of KuCoin Exchange
- Secure e- wallets : KuCoin digital wallets feature multiple layers of encryption, offline storage in secure banks, trust funds and periodic bank checks.
- High Security : KuCoin provides very good security features such as via email, 2 levels of security (2FA), ..
- Low Transaction Fees : Similar to Binance, Kucoin offers very competitive transaction and withdrawal fees (see below).
- Fast Transactions and Withdrawals : KuCoin says the blockchain-based cryptocurrency will be added to your account within 2 minutes of your transaction, withdrawals will be completed within 10 minutes.
- Nice and Friendly Interface : Kucoin provides traders with a professional interface, beautiful charts and user-friendly trading transactions similar to Binance, suitable for beginners.
- 24/7 Support : KuCoin provides 24/7 customer support for Telegram, WeChat, online live chat on websites and other platforms.
- Multi-Coin Support : KuCoin supports a large number of coins, many of which cannot be obtained from other major exchanges. Kucoin also allows you to request new coins.
- KuCoin App : KuCoin has a mobile application for both iOS and Android, you can buy and sell completely on your smartphone.
- Support for multiple languages, although Kucoin is native to China. But besides Chinese, Kucoin supports English, French, Korean, etc. By Kucoin towards international markets.
- News Page : KuCoin has a website dedicated to keeping up to date with the latest news and announcements on the exchange, helping investors stay up-to-date on all the changes on the exchange.
What markets does KuCoin support?
While this exchange KuCoin last trading 5 markets is the Bitcoin ( The BTC ) Ethereum (the ETH) USDT (associate), NEO (NEO) and shares KuCoin (the KCS) although KuCoin to recently released by the middle of September 09, but it supports many coins as well. To popular coins like Bitcoin , Ethereum, Litecoin, NEO, Bitcoin Cash, Bitcoin Gold, … and many more tokens like EthLand (LEND), RaiBlocks (XRB), Dragonchain (DRGN), Dent (DENT), …
KuCoin Exchange does not offer fiat currency related pairs such as USD, EUR and you cannot buy coins via Paypal or Visa/Mastercard or pay through bank account.
What are KuCoin transaction fees ?
Exchange KuCoin charges a 0.1% fee when you trade. This 0.1% is calculated based on the total number of coins you trade. When you buy and sell coins with KCS, it is reduced by 30% transaction fee.
For all deposit fees ( BTC , ETH, USDT, .. ) will be free. With withdrawal fees, KuCoin charges a fee based on the funds you withdraw.
Advantages and Disadvantages of KuCoin
strength
- Get dividends and pay them every day. Enter the wallet on the Kucoin website.
- There are many famous coins that are in trend. More than 50 pairs of coins are added all the time.
- Hold NEO on Kucoin exchange, earn NEOGas daily.
- It is a high-growth trading website. This will result in investors and traders earning higher interest rates in the long run.
- Account protection system and have good security
- There are promotions for traders, 2x or 3x dividends, etc.
- There is a support team to help 24 hours a day.
weakness
- It is a new digital coin trading platform. credibility may be less
- There is a total volume of $51,457,638 traded in coins compared to the big ones.
- Medal Kucoin ranked 113 in the medal rankings. Coinmarketcap.com
- You can buy coins in one place, Kucoin, the exchange .
How to apply for KuCoin
-Click on Sign Up at the top to go to the registration page.
Fill in the information required by the system correctly
Email : Fill in the email address in the blank space and click on Send Code to send a confirmation code to your email
Email verification code : Bring the code that the system sent to your email and fill in the blank space.
Set Login password : Set login password
Referral Code (Optional) : Referral code (optional) -Click
on Sign Up to confirm the application.
#Then the website will automatically login for you.
KuCoin KYC Verification
-Click on KYC Verification to go to KYC Verification page.
-Click on Start Verification to begin verification.
Fill in the information required by the system correctly.
Country/Region of Residence : Country / Region of Residence
First Name : First Name
Last Name : Last Name
Identity Document Type : Type of identity document
ID Number : Identity -Click
on Submit to submit confirmation information.
- Upload a picture of your ID card front and back.
-Upload a photo of you along with your ID card and handwritten note paper, "Dynamic Code" and today's date hand-held '2021-03-10' and verify your face and identity. Clearly as shown in the sample image, then click on Submit to submit a document confirming your identity.
#Then wait for the system to verify your confirmation by verifying via your email.
KuCoin Deposit
-Click on Deposit at the top to go to the deposit page.
-Choose the type of money you want to deposit
-Then you deposit money to the address shown.
#Deposit transactions will be automatic and BTC transfer must be confirmed by The entire BTC network and your BTC It will be automatically deposited into your account after 2 confirmations.
How to use (trade) KuCoin
-Click on Makets to go to Market page
- Choose the currency pair you want to trade
how to order
In the previous guide we bought Ethereum with the Bitcoin we deposited, now we are going to sell our Ethereum and buy back the Bitcoin.
To sell, you need to enter the trading market by clicking on the Spot option. You can enter different markets ( BTC , KCS, USD, ALTS, DeFi, NFT, Polkadot) depending on the tab you click and perform the following actions:
- If you want to use Ethereum to buy back Bitcoin, click on the BTC tab and use the search bar button to find ETH. Click on it and enter the trading interface.
- Before continuing, you will need to provide your trading password for obvious security reasons.
- Choose your order type
- Click Sell ETH to place an order.
Four types of orders for customers
1.Limit Order : “Limit Order” is an order to buy or sell an asset for a specified amount at a specified price or better. This has to do with setting the ideal price and commission volume.
For example, if the current market price of KCS is 1.0794 USDT and you plan to buy 100 KCS when the price drops to 1.0666 USDT, you can place a limit order.
Processing steps: Select “Limit Order” on the trade portal/interface, enter 1.0666 USDT in the price edit field and 100 KCS in the quantity edit field. Click “Buy KCS” to place an order.
2.Market Order : “Market Order” is an order to buy or sell a specified asset / amount at the best price in the current market. In this case, the commission price is not set. Only the order quantity or quantity is set and the purchase will be made according to the quantity or quantity set after the purchase.
For example, if the current market price of KCS is 1.0794 USDT and you plan to buy 1000 USDT worth of KCS without pricing, you can place it as a market order. Market orders are completed instantly, which is the best way to buy or sell quickly.
Processing steps: Select “Market Order” on the trade portal/interface and enter 1000 USDT in the amount edit box. Click “Buy KCS” to place an order.
3. Stop Limit Order : A “Stop-Limit Order” is an order to buy or sell a preset amount of an asset at a pre-defined limit price when the latest price reaches a pre-defined trigger price. This includes ideal pricing and commission amounts, as well as trigger prices.
For example, if the current market price of KCS is 1.0794 USDT, you will assume the support price is 1.0888. USDT will not increase further when the support price is broken, then you can sell when the price reaches 1.0887 USDT. 24/7 market monitoring, you can place Stop-Limit orders to prevent losses from gaining more.
Execution procedure: Select the “Stop Limit” order, enter 1.0888 USDT in the edit stop price box, 1.0887 USDT in the edit price field, and 100 KCS in the edit amount field. Click “Sell” to place an order. When the latest price reaches 1.0888 USDT, this order will be initiated and an order worth 100 KCS will be placed at the price of 1.0887 USDT.
4. Stop Market Order : “Market Stop-Loss Order” is an order for a pre-defined amount/asset at the current market price when the latest price reaches the pre-defined trigger price. For this type there is no commission pricing. But only the trigger price and order quantity or amount are set.
For example, if the current market price of KCS is 1.8190 USDT, you assume the support price is 1.0888. USDT will not increase further when the support price breaks, then you can sell when the price reaches the support price. However, since you tend not to be able to follow the market 24/7, you can place a Stop-Limit order to prevent losses from gaining more.
Execution Procedure: Select the “Stop Market” order, enter 1.0888 USDT in the stop price edit box and 100 KCS in the amount edit box. Click “Sell” to place an order. When the latest price reaches 1.0888 USDT, this order will be placed and an order worth 100 KCS will be placed at the best market price.
#The market order price is matched with the most optimal price in the current trading market. Considering price fluctuations, the price filled in the market order is matched to the price above or below the current price. Please check the price and quantity through the floor order before you place an order in the market.
KuCoin withdrawal
-Click on Withdraw to go to the withdrawal page.
- Scroll down and click on the token you wish to withdraw.
-Once you have selected the correct token, you will need to add the wallet address. Remarks are optional, then click “ Confirm ” to proceed with withdrawal.
#We will process your withdrawal within 30-60 minutes, depending on the blockchain when the assets will be transferred to your wallet. To increase the security of your assets, if your withdrawal amount is more than the required amount, we need to process your transaction manually within 4-8 hours. Please double check your withdrawal address.
Referral KuCoin
-Click on Referral to go to the referral page.
-Then share your referral link to your friends or social media to earn money.
KuCoin Summary
In the New Normal world, I think anyone can see the future of something first. Surely can create great things in the future. Today what I see is The growth of so-called digital stocks, which is now happening as Kucoin Share, can bring profits in trading fees to be paid to shareholders automatically and safely, which I believe from It's been 10 years today, no matter how bad the Crypto market and trading platform like Kucoin.com should continue to grow as the number of people jumping into the market continues to rise. Buying digital stocks like Kucoin Shares could become a billionaire in the next 10 years.
KuCoin Terms of Service
KuCoin provides you with a simple and easy way to exchange one type of digital token for another type of digital token. KuCoin provides a platform that matches your orders to open orders from our users. another Users may not assign futures trades to any particular user or to any particular account. In addition, orders may be partially filled or may be filled with multiple matching orders. As of today, KuCoin is not available for legal trading (“Fiat Currency”) for Digital Token or vice versa KuCoin. It is not available for trading one type of fiat currency for another fiat currency.
You must meet certain eligibility criteria to use KuCoin 's services. You must be at least 18 years of age and in some places you may not be able to use some or all of KuCoin 's services . Other eligibility criteria may also apply. There are certain things you cannot do when using KuCoin 's services, such as engaging in market misconduct or illegal activities, lying or doing anything that could damage our services or systems. Please see Section 12 below on “Acceptable Uses” for further details.
Contact
KuCoin frequently asked questions
Transaction fees?
A 0.1% fee will be charged when you trade. This 0.1% will be calculated based on the total number of coins you trade. When you buy and sell coins with KCS, it is reduced by 30% transaction fee.
KuCoin app ?
KuCoin has a mobile application for both iOS and Android, you can buy and sell completely on your smartphone.
Transaction time and withdrawal ?
KuCoin says the blockchain -based digital currency will be added to your account within 2 minutes of your transaction, withdrawals will be completed within 10 minutes.
