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Title: KuCoin safe Post by: TheGodson on February 15, 2021, 08:09:08 AM I haven’t been up to date with Crypto stuff lately. Is KuCoin still good? KuCoin Tether was lending at close to 100% APR which seems really sketchy (sounds too good to be true).
How would you rank these exchanges: KuCoin Binance CoinbasePro Thanks! Title: Re: KuCoin safe Post by: UserU on February 15, 2021, 08:12:35 AM I'd say each one is good in its own ways. However, Binance is pretty much more popular; in fact it's the top exchange right now.
But remember the golden rule; not your keys, not your (Bit)coins. Because these exchanges are holding your balance, anything that happens such as a hack attack could evaporate whatever you keep. Title: Re: KuCoin safe Post by: Rikafip on February 15, 2021, 08:36:47 AM I've been using Kucoin for the last couple of years and so far I didn't have any issues whatsoever. I haven't tried /staking lending features though, I just used it to sell some altcoins and that's about it.
Regarding how would I rank exchanges based on the security(or at least feeling of security) I guess it would be Coinbase Pro>Binance>Kucoin. Title: Re: KuCoin safe Post by: OmegaStarScream on February 15, 2021, 10:03:44 AM I'm not so familiar with their staking program, but it's a good exchange. I've used it for some time and never had an issue with it. Just take this[1] into consideration if you're not into KYC. I had to learn it the hard way.
[1] https://bitcointalk.org/index.php?topic=5317159.msg56344390#msg56344390 Title: Re: KuCoin safe Post by: Issa56 on February 15, 2021, 10:09:31 PM Am not that familiar with coinbase exchange but have been using binance and kucoin for the past few years, I will personally rank binance as one of the best Cryptocurrency exchange in the world since have been into cryptocurrency have been using binance and from the little experience am having I think binance is the best Cryptocurrency exchange. Binance is very easy to use you don't have to stress yourself when using it and you can easily deposit and withdraw directly to you local account the only thing you have to do is verify your KYC, binance exchange is very secured and all your funds are safe there as long as your password is save and known by only you, almost all the coins there are coins with good future which you can invest in and make cool cash, There are not shit coins on binance. Kucoin is also a good exchange which your funds are also secure but I still prefer binance.
Title: Re: KuCoin safe Post by: sunsilk on February 16, 2021, 01:22:07 AM Ranking them for me is like this;
1. Binance 2. Kucoin 3. Coinbase Pro I have seen some surprising APY rates from Kucoin lately. I haven't experienced using their lending feature but you may give it a try and it looks like it's not only for USDT. They also support other many cryptos for lending. |