Since the rapid and massive globalization of cryptocurrencies, many Bitcoin exchange have emerged as the leading platforms for crypto trading. Among them, KuCoin holds a special place. Launched in 2017, the crypto platform has more than 11 million users worldwide. The Hong Kong-based crypto giant offers distinct features to its users, like borrowing and lending features and the opportunity to trade in more than 600+ cryptocurrencies.
Purchase Process From KuCoin
To purchase coins or tokens for trading, you must have a KuCoin account to be facilitated with all the features. KuCoin has a super-friendly user interface and can be used on both desktops and smartphones (android, iOS). The purchase process and the KCS price of KuCoin starts when a user opens KuCoin’sKuCoin’s official website and clicks on the sign-in option. After submitting your email address and other basic information, your account is created, and you can further activate 2- step verification enabling strong security of your wallet. The trading fees are extremely low as you can trade at a rate of 0.1% and get a further 20% discount if you use the KCS token.
Connection Of Account
To trade, you must attach your account to the KuCoin wallet. You have to click on Assets Button, choose the type of deposit, and insert your wallet address. After completing the process, you can still keep an eye on all your transactions by viewing the deposit history tab.
Thanks to the user-friendly interface, you will get familiar with all the processes in a couple of hours. The user can select up to 600+ cryptocurrencies and use FIAT currencies directly for trading. The immense popularity of KuCoin among several exchange platforms is borrowing and lending features. Users can apply for a loan and receive the lender’slender’s proposal. You can set auto payment to return the loan at a certain time. The whole amount will be transferred to your synced wallet.
After purchasing from KuCoin, whether a cryptocurrency or KCS token, the main aim of a trader is to make a profit; millions of users indeed join exchange platforms in the hope of making huge profits and selling at a high price. But not everyone can stand against the tides of blockchain—many ends as broken and shattered due to insufficient knowledge of how this industry works. Fortunately, due to social and educational activities, users are landing on safe and secure platforms, in which KuCoin arguably holds a dominant position. Its secure system and user-friendly interface make it super easy for newcomers to be familiar with trading. The ADA/USDT and other coins easy purchase procedure facilitates users to buy and trade via a secure platform. The trading bot plays a pivotal role in trading at Kucoin and makes it easy to sort out the dynamics of the market.
KuCoin, as compared to its advantages, is seemingly a cut-price. A P2P marketplace charging a minimum amount (i.e., 0.1% of the trade) for trading is mind-blowing. Moreover, having bank-level security for your deposits adds a cherry on top. It’s safe to say KuCoin is among the top marketplaces in the crypto world.