Kucoin Review – Is Kucoin Legit?

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Kucoin REVIEW

Summary

Kucoin is a modern and secure cryptocurrency exchange

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Details

System Kucoin
Website URL www.Kucoin.com
Trial Start Trial
Overall Score 9.3/10

FULL REVIEW OF Kucoin

KuCoin is a Hong Kong-based cryptocurrency exchange distinguished by its rewards currency, KuCoin Shares (KCS), and its exceptionally huge range of cryptocurrencies.

It has a reputation as an early adopter, so purchasers hoping to hold coins while they’re still cheap might want to consider KuCoin. On top of this, it offers a useful charting package, which is powered by the 3rd-party TradingView system, to suit more focused crypto holders. Its fees are also really reasonable and lower than many other exchanges.

The main downside is that it does not deal in any fiat currencies. Members will need to have BTC or ETH to trade the full range of available coins.

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Benefits of Trading On Kucoin With KuCoin Shares

KuCoin offers users the unique chance to hold the platform’s own native cryptocurrency, KuCoin Shares (KCS), which members can hold in order to receive discounts while trading as well as receive dividends from trading fees collected on the platform. Holders receive a 1% discount on trading fees on every 1,000 KCS they hold, up to a maximum of 30%.

The dividends system is what sets KCS token and KuCoin apart from other exchange coins. KuCoin pays out 50% of all fee revenue from the platform every day, which is equally divided between every KCS token held on the platform.

This means a user who holds upwards of 1,000 KCS receives both a discount on all trading inside the platform as well as a passive income on a daily basis. KuCoin shares may also be traded with several coins, but KuCoin shares can only be purchased on the KuCoin exchange.

KuCoin currently only offers trades between different cryptocurrencies, meaning they do not let you buy cryptocurrency with fiat currency. However, KuCoin does offer a wide range of altcoins, which can be traded with six different cryptocurrencies (called a trading pair), including BTC, ETH, NEO, USDT, BCH and KCS.

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Review Verdict: Kucoin is a legitimate platform that works

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Consumer Fraud Alert Regarding Kucoin

The success of Kucoin has given rise to many frauds who try to sell their own fake platforms in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are joining and should do some research before they join from any website. To spot these, watch out and avoid sites that claim to write about Kucoin, yet the write-up is completely garbage and unreadable as they are created by software and spammed all over the internet. It is always better to avoid joining from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only join from the site from the official website here – http://KucoinOfficial.com/ (link opens in a new window). The official website that they have includes the legitimate platform.

Conclusion about Kucoin

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Carefully consider the features of KuCoin before deciding whether it suits your needs, but based on our experience, we find that it is very well suited for the majority of cryptocurrency users. If you want to proceed, simply sign up for KuCoin with your email address and password, verify your email and then start trading by making a deposit from your wallet.

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Kucoin Preview: (to pause video, simply tap/click on it)

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