Bitcoin Forum

Economy => Exchanges => Topic started by: crabby on December 10, 2019, 10:37:49 PM



Title: 10 Reasons KuCoin Will Be The New Binance In 2020
Post by: crabby on December 10, 2019, 10:37:49 PM
Hi Everyone!

I wrote up an article about the 10 reasons I think KuCoin can become the new Binance in 2020.

I wanted to reach out here to see what you thought. If you have any feedback or ideas I missed, please let me know. I'd love to chat about these two different exchanges and hear your opinion about what might happen in the next year!

10 Reasons KuCoin Will Be The New Binance In 2020
(https://blog.shrimpy.io/blog/10-reasons-kucoin-will-be-the-new-binance-in-2020)
Looking forward to it!


Title: Re: 10 Reasons KuCoin Will Be The New Binance In 2020
Post by: squatter on December 10, 2019, 11:28:04 PM
The potential is there. Slick interface, futures market integration without a separate account/signup, a BNB-like token linked to their growth as an exchange. Perhaps most importantly, they allow US customers and they allow non-KYC accounts that can withdraw 2 BTC/day just like Binance -- those are major markets to tap.

I've got no interest in altcoin trading right now, but when the market finally heats up again, KuCoin seems like a pretty good option.


Title: Re: 10 Reasons KuCoin Will Be The New Binance In 2020
Post by: joniboini on December 11, 2019, 05:26:48 AM
Okay so basically they follow what Binance did, which is why they would become the next candidate for "Binance". Tbh, almost every exchange copy what Binance did nowadays, the only difference is the trading volume.

Let's see if Kucoin can hold their volume, and hopefully, they stop doing stupid move like making Balina their ambassador.


Title: Re: 10 Reasons KuCoin Will Be The New Binance In 2020
Post by: 1Referee on December 11, 2019, 11:08:47 AM
Let's see if Kucoin can hold their volume, and hopefully, they stop doing stupid move like making Balina their ambassador.

Not sure what's there to hold about $20 million in daily volume for KuCoin where Binance did $730 million in volume in the last 24 hours.

https://coinmarketcap.com/exchanges/kucoin/
https://coinmarketcap.com/exchanges/binance/

Binance is in a league of its own and will stay there because they have the brand and also very imporant, CZ being a popular influencer people somehow trust and like. Liquidity wise Binance seems to be the place to be for market makers. You don't see that liquidity anywhere else.


Title: Re: 10 Reasons KuCoin Will Be The New Binance In 2020
Post by: Paulinerims on December 11, 2019, 11:30:57 AM
KuCoin is recently listing only projects with great potential, their rules are strict. So yea I can see Kucoin being one of the top exchanges in the future. Stay tuned for future listings :)