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Author Topic: Is KuCoin Becoming the Best Exchange for Trading?  (Read 2455 times)
mamesso
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July 14, 2019, 11:03:45 PM
 #21

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.
I prefer a price surge with a small volume. the difference was very interesting and was not found in the big exchange.
binance is more suitable for those who have large capital.

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July 15, 2019, 05:41:25 AM
 #22

I have the Kucoin application for smartphone and so does Binance.
No, it is not yet Kucoin which is the best. I still prefer Binance using BNB for cheaper transaction fees and other stuffs.
Plus, its price is getting enormous so no doubt they still have the most usage of all the exchanges out there.

But it is a good thing to have a great exchange as an alternative. I use Kucoin for that.  Grin
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July 15, 2019, 07:53:33 AM
 #23

I have the Kucoin application for smartphone and so does Binance.
No, it is not yet Kucoin which is the best. I still prefer Binance using BNB for cheaper transaction fees and other stuffs.
Plus, its price is getting enormous so no doubt they still have the most usage of all the exchanges out there.

But it is a good thing to have a great exchange as an alternative. I use Kucoin for that.  Grin
Kucoin are a good exchange, but the best exchange is still at binance. with the largest volume, of course this exchange is in demand by most traders. but that does not mean that I do not need a Kucoin because some of my tokens are available on coins and have not been listed in binance

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July 15, 2019, 07:56:03 AM
 #24

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.
For now we cannot compared binance with kucoin! Binance has strong team and it has been with us for long time now. Most of the good tokens are listed in binance and i have see unexpected volume for some of the new tokens listed there. Kucoin has good technology and been able to trade fiat and crypto is one of the features that many exchange do not have and this has bring kucoin to lime light. I have account with kucoin that is verified and their KYC process is one of the processes that every new cryptocurrency exchange platform should adopt.
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July 15, 2019, 01:32:46 PM
 #25

Kucoin looks like it is dying a slow painful death.  Barely anyone I know uses that exchange anymore and Kucoin Shares have dropped a lot since they no longer payout much in trading fees.  People have moved over to better exchanges already.
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July 15, 2019, 02:16:46 PM
 #26

Kucoin looks like it is dying a slow painful death.  Barely anyone I know uses that exchange anymore and Kucoin Shares have dropped a lot since they no longer payout much in trading fees.  People have moved over to better exchanges already.
Despite that sad fact, Kucoin is still a decent exchange. Like someone said above, it should be on top of tier 2 exchages. The problem with Kucoin is that its marketing running really well. It doesn't have attractive IEOs to gather people's attention like Binance, Okex or Huobi. Loosing users means loosing volume. Hope Kucoin team can see this and take appropriate mesures to bring it back.

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July 15, 2019, 07:22:58 PM
 #27

Kucoin has been getting more and more trading pairs with the increase in the trading volume. Often the exchange too is providing with some form of discounts on trading fee to make more people use kucoin exchange. Kucoin has got good security features in comparison to other exchanges in its range.

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July 15, 2019, 07:43:20 PM
 #28


Still without volume though. The price of its native coin is climbing but its really convincing to see because its volume isn't comparable to the ones above it. The most known  still binance and though I don't trade much there, I did verify my account to make sure I can get in and get out without delays unlike with Kucoin my account there is unverified.

Kucoin has been getting more and more trading pairs with the increase in the trading volume. Often the exchange too is providing with some form of discounts on trading fee to make more people use kucoin exchange. Kucoin has got good security features in comparison to other exchanges in its range.

an exchange with BTC/USD pair will normally have volume, pairing USD to most alcoins would make it better.

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July 15, 2019, 07:51:35 PM
 #29

I used to love it, but i quitted using that near the top of the bear market (accidentally good timing). Just because of their lack of proper English customer service. First i thought that it could be the language barrier but after a while i realized that they just didn't know any answers to any questions. Not sure how much they have trained their staff after that. Hopefully it will be a success but i am using other exchanges in the meanwhile.

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July 15, 2019, 09:39:45 PM
 #30

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.

Nobody should be using an exchange for a wallet, full stop.

What's so great about their security? How are you so confident they can't be hacked? I think any exchange can be hacked.

I just like that Kucoin allows Americans and has unverified accounts that can withdraw up to 2 BTC per day. Liquidity-wise it's definitely not Binance, but it's much better than Poloniex or Bittrex.

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July 15, 2019, 11:37:53 PM
 #31

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!

When I checked the rank of kucoin at the coinmarketcap it was the level of between top 50 to 53, and for me it is one of the good and best exchange. I never heard any issues from it, since I started to used this platform. In fact, I actually hold some of it, due to its minting when you buy em to their platform.
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July 16, 2019, 06:45:35 AM
 #32

Kucoin is a good cryptocurrency exchange, there is no doubt in it. I also traded on this exchange and I have not encountered any serious problem till now. So, in my opinion, this exchange will be transformed into a large exchange in the future.

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July 16, 2019, 08:00:25 AM
 #33

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.



US SEC. They still have the duty to protect their citizens from those scammy ICO's, so by law they are mandated. That's why Binance will launch its own trading US based platform. They don't want to missed out the huge US markets.

I agree that Binance is still a cut above those exchanges including Kucoin. Just look at how Binance is really doing, besides the usual shilling, it has a good utility that is why investors are flocking into BNB and Kucoin is just way far behind is second place.

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July 16, 2019, 08:34:54 AM
 #34

It all depends on the trader's comfort. Great chart views, user-friendly and easy to navigate. I know KuCoin is one nice trading platform but not the highest volume of the major coins so far. Volume is one of the major consideration when I choose where to trade. Orders are easily filled up when the volume is high.
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July 16, 2019, 02:19:11 PM
 #35

Kucoin is a good cryptocurrency exchange, there is no doubt in it. I also traded on this exchange and I have not encountered any serious problem till now. So, in my opinion, this exchange will be transformed into a large exchange in the future.
KuCoin is one of the most trusted exchangers, and one of the most popular exchangers available today. but, for me, KuCoin is no better than binance today. but, we cannot underestimate the development of this market, I think KuCoin has great potential to be the best market.
Exchange kucoin is really a great place to buy and sell altcoin in the crypto market but even if prestige and quality are guaranteed, people still don't like this exchange because when standing in parallel and in the same field with it, it's a binance exchange with full of positive and new features constantly updated. And with such a giant king, the kucoin exchange is almost impossible to have a competition with binance, even over time, the distance between the two will increase when binance is creating too much impression

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July 16, 2019, 02:52:28 PM
 #36

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!


No way. Although it has reached a very strong position in the past bull period, I think that there should be no trade on this platform especially in today's conditions. I think that way because this platform is managed very amateurishly and does not have enough trading volume. In particular, if you look carefully at many trading pairs and make a detailed examination, it will be concluded that a very dense portion of the trading volume is created by the bots. For this reason, Kucoin will never be the best in its sector or field. I don't use it, I don't recommend it.
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July 16, 2019, 07:40:36 PM
 #37

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!
Honesty, I still don’t know, I am quite surprise too at the rate at which Kucoin is being mentioned everywhere now, and it seems the hype is really growing the more. Binance has always been my favorite because as of now, they still remain the best to me, which I may never know if Kucoin is a great exchange or not because I don’t intend testing it since I dint have any issue with the current exchange that I am using.

Binance appears to be flawless really, because when it comes to trading platform, it is very friendly, when it comes to fee, they have an extremely low fee that I feel no one can beat. So if I may ask Kucoin one question, is their fee a competitive one? Because that is what may eventually land them among the top exchanges if their price is competitive in other to attract many investors.

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July 16, 2019, 11:50:38 PM
 #38

  KuCoin had been so fruitful as far as exchanging gainfulness on a few merchants, and this is presently popular. I considered this trade as the best trade as it wound up trusted and solid regarding positive criticism originating from every client. For whatever length of time that there's smooth exchanges finished with no conditions, it will stay respectable.
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July 17, 2019, 08:18:38 AM
 #39

I agree that Binance is still a cut above those exchanges including Kucoin. Just look at how Binance is really doing, besides the usual shilling, it has a good utility that is why investors are flocking into BNB and Kucoin is just way far behind is second place.

There's no doubt Binance is a much better exchange. But US traders don't have any better options. Everything else has KYC and even thinner order books.

I'm curious to see what happens when September rolls around. Not everyone wants to risk violating Binance's terms with a VPN. Kucoin might inherit a chunk of US retail trading liquidity. Hopefully a few market makers too.....

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July 17, 2019, 09:26:21 AM
 #40

Be good exchange for trading maybe yes, but be the best is something that can't be decided by someone. But maybe if want to review and give good opinion, i think it is ok. But for me any exchange is good because we can use all of it.

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