Tech Updates

What Is KuCoin? Understand the Workings of Kucoin

Kucoin is a cryptocurrency launched in September 2017; it uses KuCoin Financial assets as compared to Binance. Once you buy KuCoin, you can earn discounts on tradeoff fees when you use kucoin assets for trading. They give more profitable and convenient exchange as compared to other traditional exchanges. Kucoin exchange is in Hong Kong. KuCoin shares are basically the currencies that the exchange utilizes for conducting different transactions. Kucoin uses KCS in the similar fashion as Binance uses BNB, it offers you discount for the trading fees.

If you were looking to join KuCoin, then you would be glad to know that it has remarkable client interface. With simple and easy client interface, it attracts more users with the ease of operation it offers. When you use kucoin exchange system, you can see, it can naturally load the finest prices and the offers that you can acquire with your money.

Salient features of Kucoin

Kucoin is a great trading asset and involves a lot of passion to deal with daily ups and downs.

  1. Kucoin offers protected wallet meaning it offers numerous level of encoding. It also provides offline protection through the banking system.
  2. Kucoin is hugely popular amongst its members not only because it gives them greater perks but also you can reach the representative 24*7. They do listen to customer queries and suggestion and try to implement them in their running systems to make transactions easier.
  3. The platform offers passive form of income to people; they can get dividends for holding their tokens. The people share approximately 90 percent of trading off charges since their capacity upturns.

Kucoin is extremely competitive exchange program but at present it offers no means of changing coins to US dollars. Hence an user is forced to send them to different exchange to deposit in their accounts. Kucoin is an upcoming exchange that has created a space for itself in the markets. It has gained greatly through its referral program; it has earned wider publicity through its coins that are spreading like wildfire.

Kucoin exchange has a very distinct operation strategy; their incentive policy can help sustain the active users making the business strong. Their ultimate aim is to be amongst the top ten exchanges of the world. Dealing in Kucoin exchange program, one can achieve financial stability. They use several advanced multi-layer programs having multi-cluster architecture. The exchange also offers bank-level disaster proof deployment, it also boosts of a high performance trading engine that can handle 2 million order making requests each second.