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Author Topic: Is KuCoin Becoming the Best Exchange for Trading?  (Read 2379 times)
crabby (OP)
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July 14, 2019, 12:04:03 AM
 #1

Hi Everyone!

I wrote up a nice review of KuCoin. I would love to hear your thoughts on the exchange and their features.

https://blog.shrimpy.io/blog/kucoin-review

Please let me know if you have any questions about the review!
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July 14, 2019, 02:23:27 AM
 #2

Hi Everyone!

I wrote up a nice review of KuCoin. I would love to hear your thoughts on the exchange and their features.

https://blog.shrimpy.io/blog/kucoin-review

Please let me know if you have any questions about the review!
What I am most interested in in this exchange is that the trading volume is still very low and many coins have not had great liquidity, so listing at this exchange is really risky. I think Kucoin needs to work better to compete with other exchanges because this is only my 4th choice in trading and hoping that Kucoin can listen to customers more because new exchange recently outperformed Kucoin






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July 14, 2019, 02:48:11 AM
 #3


What I am most interested in in this exchange is that the trading volume is still very low and many coins have not had great liquidity, so listing at this exchange is really risky. I think Kucoin needs to work better to compete with other exchanges because this is only my 4th choice in trading and hoping that Kucoin can listen to customers more because new exchange recently outperformed Kucoin
This exchange has placed on 28th place as the biggest exchange site https://coinmarketcap.com/rankings/exchanges/  still far above rather than bittrex and poloniex. Kucoin isn't best exchange for me (i have my own reason why i said that), but despite from that, they are still better than other smaller exchanges. They even have their own coin (KCS)
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July 14, 2019, 04:18:33 AM
 #4

After I get the boot from Binance (as a US trader) I will probably turn to Kucoin. It has better liquidity than Bittrex, Poloniex, and others. Decent enough interface. Still offers unverified accounts to US traders with the same withdrawal limits as Binance......not sure how long that'll last though!

Binance cuts us off in two months. I think Kucoin will get a bump in volume at that time.

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July 14, 2019, 04:42:08 AM
 #5

I am never use KuCoin exchange platform, i see treade volume for ERC20 token is to low in this platform. I prefer to use Binance and Coinall to trade.
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July 14, 2019, 04:56:30 AM
 #6

Hi Everyone!

I wrote up a nice review of KuCoin. I would love to hear your thoughts on the exchange and their features.

https://blog.shrimpy.io/blog/kucoin-review

Please let me know if you have any questions about the review!
I knew that Kucoin had been established for a long time and had some achievements. but it is still a small exchange and its volume is not really high.
This greatly hampers their development. besides, they did not keep up with the IEO trend, opportunities for exchange to become more popular. they do not have airdrop programs or any good event to develop their exchange.
Even if their technology is good, the transaction fee is cheap, but if not many investors believe, it is still a normal exchange.

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July 14, 2019, 05:04:21 AM
 #7

It's one of the best exchanges that i've used but I haven't used them recently because there's better exchanges. If the exchanges that i'm currently using suddenly blocks my account I might move to KuCoin. The rating on the review seems too high imo, if I would rate KuCoin i'll give them 4.5 because I think there's still room for them to add more altcoin pairs in their list. It could boost their numbers even more if they add the right altcoins(an example is doge).

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July 14, 2019, 08:13:21 AM
 #8

I have seen their security systems, I don't know how many people checked their security before but I have seen it and man you can't believe how amazing it is, they are literally the greatest exchange in my book when it comes to security, I am not challenging anyone so don't get the wrong idea Cheesy but I doubt anyone could hack them or even if they do can get anything out of them if they hack it neither, to me kucoin is by far the most trustworthy exchange for wallet use as well if you just want to leave your coins there.

They might have some other stuff they lack of course and you can find this bad or that bad about them but when it comes to security then I am giving them a full on 100/100 from all others I have seen in my life, they really do care about that the most.

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July 14, 2019, 08:24:58 AM
 #9

I read some negative feedback about Kucoin a year or two ago when they changed their listing policy and not honor the previous listing agreements with other projects. That's probably one reason why it hasn't been a top ten exchange until now. Their security seems tight and their native token has some great utilities.
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July 14, 2019, 08:34:59 AM
 #10

Kucoin disappointed me, I thought it'll follow the full steps of Binance. Kucoin was doing very well just as Binance was until the bear market took the price of her native token down to an unrecoverable price and ever since kucoin has lost most of her traders. And they didn't show any concerns towards encouraging traders to use their exchange. Most traders saw kucoin as Binance 2.0 but they didn't live up to that expectations and that's what contributed to thier failure. I don't consider them the best exchange infact I no longer used them for trading.

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July 14, 2019, 09:41:34 AM
 #11

I did not use this exchange site platform because for me this isn't the best exchange was I going to trade. Let's say maybe Kucoin was following the step of Binance but they had a different result on liquidity, Kucoin has less volume compared to Binance and that is not best for me. One of my friends told me that the withdraw process usually takes 2-3 days which is making me annoy if ever I am also there. Overall ratings I'll give Kucoin 8.5 over 10 ratings, better than HitBTC exchange. Cheesy
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July 14, 2019, 10:41:14 AM
 #12

Well it could be the next big exchange, but if you look at the competition there is still Binance on top of the game already. So it will be very difficult to overcome. But personally, I didn't have any issues with Kucoin, so experience wise it is recommendable.


R


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BitHodler
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July 14, 2019, 10:47:41 AM
 #13

Well it could be the next big exchange, but if you look at the competition there is still Binance on top of the game already. So it will be very difficult to overcome.
Binance is definitely at the very top, but it all comes down to where US clients will be trading in the coming months. If they take their liquidity to an exchange as Kucoin then we could be up for a pleasant surprise.

I say pleasant because Binance has grown far too big, so them dumping their US clients will make the crypto industry as a whole stronger because there is more distribution.

I personally will keep using Binance as European citizen, but I'm not too demanding anyway in terms of liquidity because I'm just a small fish. I could trade pretty much anywhere as long as the spreads are reasonably tight.

BSV is not the real Bcash. Bcash is the real Bcash.
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July 14, 2019, 10:49:46 AM
 #14

Hi Everyone!

I wrote up a nice review of KuCoin. I would love to hear your thoughts on the exchange and their features.

https://blog.shrimpy.io/blog/kucoin-review

Please let me know if you have any questions about the review!

Kucoin is one of the good and belong to top exchange anyhow in the market.
And every platform has a privilege to become the best exchange, that would depend on the huge
numbers of their traders or investors who will buy coins to their platform. And I like Kucoin, because it has
low transaction charge too.  
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July 14, 2019, 11:20:16 AM
 #15

Hi Everyone!

I wrote up a nice review of KuCoin. I would love to hear your thoughts on the exchange and their features.

https://blog.shrimpy.io/blog/kucoin-review

Please let me know if you have any questions about the review!
Trading up between Binance and Kucoin exchange and just like on what being said above when it comes to security Kucoin is much preferable.
Its just a matter of reference though on what exchange suits your needs or makes you comfortable yet these 2 exchange is on top tier ones so theres
no need to worry.

R


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July 14, 2019, 04:40:34 PM
 #16

After I get the boot from Binance (as a US trader) I will probably turn to Kucoin. It has better liquidity than Bittrex, Poloniex, and others. Decent enough interface. Still offers unverified accounts to US traders with the same withdrawal limits as Binance......not sure how long that'll last though!

Binance cuts us off in two months. I think Kucoin will get a bump in volume at that time.
I wonder why nowadays most exchanges and ICO are now excluding US residents from using their services or investing..? They are losing a huge user base and of course money I've heard it's because of regulations but I couldn't find any clear information about it

Edit: Just found out that 15% of Binance clients are from USA!


As of Kucoin, I would say it's decent but how they manage their own token KCS is nowhere close to how Binance manages BNB; Binance coin has strong utitily and it's tokenomic is very well handled by Binance unlike Kucoin.







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Ucy
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July 14, 2019, 04:41:52 PM
 #17

Hope it's a honest review, just for the sake of newbies.
I have been eying the exchange for awhile now,  unfortunately there are quite a number of negative reviews about it .. whether they are honest reviews or not, I don't know
Carreuh
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July 14, 2019, 05:05:41 PM
 #18

Cucoin is a pretty good exchange because it is included in the top 20 best exchanges at the moment but on top of that there are still some pretty good exchanges for example binance in the first rank and followed by coinbase, indodax, hitbtc and a few more in the top 10 exchanges  the best at the moment, you could say it's one of the best exchanges at the moment

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July 14, 2019, 05:15:13 PM
 #19

Not the best but they are tier 2
Hard to compete with Binance with everything they are achieving
1Referee
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July 14, 2019, 05:28:38 PM
 #20

I wonder why nowadays most exchanges and ICO are now excluding US residents from using their services or investing..? They are losing a huge user base and of course money I've heard it's because of regulations but I couldn't find any clear information about it

Edit: Just found out that 15% of Binance clients are from USA!

It's just regulatory pressure. US regulators are the most feared and they will not shy away from whooping your entire platform if you don't comply with their set of rules.

Binance is a mega exchange; it's impossible for them to hide like for example an exchange such as Yobit that doesn't care about anything. In that regard, we can only be happy that Binance is playing it smart, because US regulators have shown their teeth and don't shy away from seizing the assets of a non compliant exchange.

We'll see how BAM trading services (their US partner) will fare when it comes to regaining the US users that will now look for a new home.
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