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Author Topic: Time to choose Kucoin ???  (Read 13929 times)
niisarearning (OP)
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May 08, 2019, 10:32:06 AM
 #1

As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??
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May 10, 2019, 10:18:41 AM
 #2

I talked about something similar with someone on this forum just recently. I have been using the Kucoin exchange for a long time and consider it one of the best.
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May 10, 2019, 10:35:37 AM
 #3

As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??

There's no safest exchange dude. What happened to binance can happen to any exchange even the one you consider safest. Kucoin is a good exchange also but that doesn't mean it can't still be hacked just like binance was.

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May 10, 2019, 10:44:59 AM
 #4

As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??
from the beginning there was no truly secure centralized exchange. binance is only an exchange that has good quality. but for security issues we should not trust fully. but even so,  binance is responsible and replacing lost funds. I think that's enough, and we can forget about that.

remember using another exchange is not the time for our funds to be safer. Coins may be good but I prefer binance, so I will still use it.

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May 10, 2019, 10:45:23 AM
 #5

I do agree with you and kucoin is also good exchange but the main reason why traders will stick to binance is the fact the binance exchange has the highest liquidity and volume that makes it the number one choice for traders.

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May 10, 2019, 10:48:01 AM
 #6

As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??

I like both Binance and KuCoin. KuCoin offers coins Binance does not, but I think the hack Binance fell victim to can happen at any exchange. Sooner or later KuCoin is likely to become a victim as well.
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May 10, 2019, 10:52:08 AM
 #7

Kucoin is by far one of the safest and securest exchanges that haven't been hacked. It's time-tested and words very well. It has many altcoins added, so KCS can become big in the next bull, which is already started. Kucoin is a reliable choice. Well, Binance was hacked, though they replenish all lost funds, so no big deal for users.
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May 10, 2019, 11:08:25 AM
 #8

Kucoin is by far one of the safest and securest exchanges that haven't been hacked. It's time-tested and words very well. It has many altcoins added, so KCS can become big in the next bull, which is already started. Kucoin is a reliable choice. Well, Binance was hacked, though they replenish all lost funds, so no big deal for users.

You can say that until the day that exchange is hacked.  I believe all exchange are susceptible to hacking, meaning there is no safe exchange platform in the internet space.  We better keep our stuff in our own stash and use only exchanges if we want to trade.  I am a user of Kucoin myself but I never use it as bank to store my tokens and coins.
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May 10, 2019, 11:41:45 AM
 #9

I personally love Kucoin but on the other hand like all exchanges, we don't know how secure it is. We thought binance was secure and look at what happened.

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May 10, 2019, 12:01:51 PM
 #10

As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??
Kucoin is one of the reputed exchanges nowadays. I have been using it for a year now and didnt encounter any problem. So if you're looking for an alternative then you can consider choosing it.

The hacking incident that happened in binance proves that even the reputed exchanges are not really safe despite of their high securities (although all went well because they refill the amount hacked). It would be better to put only your coins to an exchange if you're ready to trade it.




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May 10, 2019, 12:14:02 PM
 #11

Kucoin is also a good exchange platform, I knew that after the hack everyone will strive to look for a safer place. Some would actually choose to hop in to kucoin and on their part, it's an advantage because they are probably aware that they are the 2nd choice.
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May 10, 2019, 12:15:51 PM
 #12

So you forgot about Binance launchpad? Just because once it happened, doesn't mean always will or all other like KuKoin won't be targeted. Binance users haven't lost anything since Binance promises to cover all the losses from their storage. Well, Kucoin doing great with KCS sharing model, but I think if you compare trade volume and bot trading ability, Binance is far ahead of any other exchanges let alone Kucoin.
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May 10, 2019, 12:54:19 PM
 #13

As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??

With the recent hack of Binance, this can be the best opportunity for Kucoin to push their wares and expand its market share. They can come up with a good marketing campaign promoting their platform to be safer and more user-friendly than Binance. I actually find Kucoin to be at the same level as Binance in terms of offering good services to their users...and I am both using these two exchanges. Let's see if this development can be a big advantage to Kucoin and if the market will treat Kucoin to the best alternative to Binance.
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May 10, 2019, 01:02:35 PM
 #14

I personally love Kucoin but on the other hand like all exchanges, we don't know how secure it is. We thought binance was secure and look at what happened.
I don't think there is a safe exchange place, everything will definitely be a place of exchange that hackers can break down, but I read binance already anticipating it by using insurance funds from Safu. so this is a very good step from binance that will not make the members lose their assets.

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May 10, 2019, 01:04:44 PM
 #15

alternative exchange other than binance maybe huobi, okex, or bittrex. this is the exchange that I use other than binance. for Kucoin I only use it occasionally, not for the main. Kucoin may be good, but I don't really like this exchange, it's better to still use binance than Kucoin. even though there are currently security problems.

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May 10, 2019, 01:30:13 PM
 #16

You can as long as you want to look for a safe exchange, but among those exchanges that are now there you will not find a stock exchange that can not hack or that which has gone hack will cover your losses. I do not trust any stock exchange. All of them are centralized and none of them has any legal responsibility if something happens. keep your money on cold wallets
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May 10, 2019, 01:37:20 PM
 #17

Since that incident I began to hesitate with their exchange but not with the koi, if you think that Kucoin are better than that maybe because you are a user who has long been a part of it, if that is true maybe next time I will try using Kucoin.
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May 10, 2019, 01:52:21 PM
 #18

There is totally no safe exchange and its only a matter of time before each and everyone of them will have their own security being compromised. I might say that the idea that Kucoin would be an alternative to Binance would be dangerous yet I have to admit that Kucoin has its own set of strengths but liquidity wise I have to go Binance since some exchanges that have been hacked had already faltered or having a hard time recovering and this is simply not the case for Binance. Imho.


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May 10, 2019, 01:58:35 PM
 #19

Binance has contributed their quota to the cryptocurrency community and they have been well coordinated until this recent hack case, Kucoin is good, agree but it wasn't Binance fault that they were hacked and more so, they have assured investors that the loss will be covered from the backup fund which is something to be proud off.  Anyone can be a victim of hackers.
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May 10, 2019, 02:01:55 PM
 #20

People are trying to make it seem as if binance is not a good exchange and using the opportunity to make advertisements for other exchange. It’s best to know firstly that no exchange is safe, lock your coins where you have control over it and not where other people have control over it. Also no other exchange has the trading volume that binance has. But anyone no harm in trying others out.
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