Press Release
PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange This is the top cryptocurrency app for 2022. The Ascent flagship product is world-renowned Company that provides private investment and financial advice, The Motley Fool. KuCoin Exchange was rated by Ascent on the basis of factors such as fees, availability, choice of coins and customer reviews. KYC rules are also considered. Security features include wallet accessibility.
Accolades from organizations such as the Ascent or Forbes—which named KuCoin Exchange one of the best cryptocurrency exchanges last year—reflect the platform’s significant growth volume and user base in recent years. According to the latest survey, KuCoin Exchange had 10 million users in December 2021. This comes from 207 different countries.
In 2021, KuCoin Exchange’s cumulative trading volume hovered around $1 trillion (Spot & Futures trading) while the average daily trading volume reached the $3 billion mark. KuCoin Exchange Review 2022. Sites like CoinMarketCap or Coingecko consistently rank KuCoin Exchange among the 10 most popular cryptocurrency exchanges worldwide. Here, is everything you need to know about the 2022’s no. 1 altcoin exchange!
KuCoin Exchange
Dubbed as the People’s Exchange, KuCoin Exchange was launched in 2017. The KuCoin Exchange is an international cryptocurrency exchange based in Singapore that has over 10,000,000 users across 207 nations. It houses more than 600 digital assets as well as 1100+ trading pairs. The platform currently offers P2P trading including spot, spot, crypto derivatives, lending and margin trading.
People’s Exchange Culminating into the Incubator of DeFi’s Evolution
KuCoin Exchange boasts more than 64 crypto gems. It also supports over 1100 trading pairs. The platform bagged the title of the “People’s Exchange” for supporting niche cryptocurrencies that other exchanges do not support. Today, it is more than a People’s Exchange; in fact, it graces the space as the facilitator of DeFi’s several innovative implementations.
KuCoin Labs was the investment and research division of the exchange. It introduced the $100 token. Funds for millionsDeFi ecosystem and the metaverse project. Despite all its far-reaching ventures, the team behind KuCoin Exchange continues to stay grounded—churning out improvements for its trading features, which is its primary selling point. In this 2022 review, let’s explore those very features that make KuCoin Exchange a stand-out crypto trading platform.
KuCoin Exchange Features That Make It Really User-Friendly
Start at Buy cryptoKuCoin Exchange allows users to explore different trading strategies and navigate the site easily thanks to its intuitive interface. New crypto traders can get started quickly with features like social trading and trading bots. Here’s a detailed overview of KuCoin Exchange’s user-centric features.
- Fiat makes it easy to on-ramp with Fiat
KuCoin Exchange has added support for multiple payment methods to fiat currency on-ramping as of 2022. These include USD, EUR (AUD), CAD, INR and GBP. KuCoin Exchange currently supports 51 fiat currencies, with the addition of 36 recently. European currencies.
This platform allows you to make debit or credit card payments via Visa, MasterCard and ApplePay. KuCoin’s peer-to–peer exchange supports 20 payment methods and bank transfers. Debit, Visa, Mastercard and ApplePay cards are all accepted. KuCoin Exchange has a fast purchase option, which allows you to receive your cryptocurrencies immediately.
KuCoin Exchange charges no fees for depositing crypto. KuCoin’s P2P platform allows you to buy and sell crypto. Trading fees for crypto are very low, at 0.1% per transaction. If traders have enough funds they can reduce this by 20%. KCSKuCoin Exchange’s native token is. KCS collects platform fees from KuCoin Exchange and shares the earnings among KCS owners as bonus money, which could reach up to 50% per year.
The type of payment you choose will affect the cost of buying crypto in fiat currency. SEPA cardholders get the best deal, paying 3.1% less for the asset. Again, Withdrawal fees can varyIt depends on the currency involved. You can see the table above for information on the maker and taker fees associated with cryptocurrency futures contracts.
KuCoin Exchange uses Know-Your Customer (KYC), verification to prevent money laundering and criminals. Account verification, however, is not required, particularly for traders with small volumes.
Accounts that do not have KYC are allowed to withdraw up to 2 BTC within 24 hours. This is sufficient for the majority of traders. Binance allows users to withdraw 0.06 BTC per 24 hours, while Binance does not allow KYC.
KuCoin Trading Bot This is an easy-to-use trading platform and it is completely free. You can easily create your trading bot and start automating trading strategies. KuCoin supports five trading strategies Strategies for tradingSpot Grid and Futures Grid. Smart Rebalance, Infinity Grid. Over 5 million bots have been created worldwide to help newcomers copy others’ settings and get started quickly.
To facilitate widespread adoption of crypto, KuCoin launched its social trading platform KuCoin in October 2017. KuCoin will be the largest social trading platform for crypto in 2022 thanks to this feature.
Trading platforms that allow traders to share information via social media are an excellent choice. They provide easy-to use news feeds with news about crypto news and trends, including news on new listing, price movements, news of crypto news, news regarding crypto news, news related to crypto, news sector or portfolio topics.
Copy trading allows novice traders to search the top strategies and make a portfolio with their desired return and risk expectations.
- Top-notch Customer Service
KuCoin Exchange provides 24/7 support through live chat or online tickets on the help center. They offer localized assistance in nine local areas across Europe, SEA, or other regions.
For Advanced Users KuCoin Exchange Offers Crypto Derivatives Trading
The exchange offers margin trading as well as futures trading for advanced traders to maximize their trade success. KuCoin Futures, which has over 3 million members, is among the 10 most popular global Futures trading platforms. This platform now supports 70 different coins, with up 100x leverage. KuCoin Margin supports 70 coins with up to 10x leverage.
You can begin with Futures BrawlIf the person is new to derivatives trading, Futures Brawl feels more like a video game. It was created with the goal of helping newcomers to trading futures. You can compete against other traders worldwide, and experience the thrill of futures trading. Futures Brawl provides a great platform for learning about trading strategies that can be used to trade more seriously.
KuCoin Exchange Offers Simple Ways To Earn A Stable Passive Income
KuCoin Crypto Lending is a peer to-peer lending marketplace where members can lend assets and earn passive income. The APR on USDT is typically between 10% and 30%.
KuCoin Earn is KuCoin Exchange’s staking platform that users can additionally explore to earn a steady passive income. KuCoin Earn’s best feature is the fact that all stakers get theTokens for Pool of LiquidityAlong with the staking return.
KuCoin Spotlight, BurningDrop and other features are available for users to navigate in order to obtain new crypto tokens. The KuCoin team carefully reviews all coins before listing them on the platforms. This makes them trustworthy platforms to get allocations for new projects.
KuCoin Exchange provides the most recent updates about new feature announcements and upgrades. Twitter, Telegram Instagram.
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