Not licensed in the U.S. The United States has strict regulations for cryptocurrency exchanges, and KuCoin is not licensed to operate in the states . If you live in the U.S, you may be tempted to use KuCoin without completing the KYC verification.
Read moreIs it safe to hold crypto in KuCoin?
As a Kucoin user for 3 years, I can say yes it is safe to keep altcoins and trade on KuCoin exchange . KuCoin is a decentralized trading platform. While this feature is the very essence of transparency enhanced by blockchain technology, the security is further enhanced by different safety protocols.30 Mar 2018
Read moreIs it safe to lend Crypto on KuCoin?
Safety – Safety is right at the heart of the KuCoin Lend platform ; it is also a top concern for every single investor whether they are holding their funds or lending them. The platform has a comprehensive risk control system that secures the user’s assets.
Read moreDoes KuCoin have lower fees than Coinbase pro?
In terms of fees, KuCoin’s low trading fees are offset by the high cost of using fiat currency to buy crypto. The trading fees may be slightly higher on Coinbase Pro , but clients can deposit money for free. As such, KuCoin might work out cheaper for frequent traders who already have cryptocurrencies ready to trade.
Read moreIs KuCoin cheaper than Coinbase?
It’s also important to do a thorough cryptocurrency exchange fee comparison. Analysing this metric in this Coinbase vs Kucoin comparison, it’s clear that Kucoin has the lowest trading fee percentage of Up to 0.05%, while the second place goes to Coinbase with a fee of Up to 3.99% .
Read moreWhat fees does KuCoin charge?
Fees. KuCoin offers a tiered maker/taker fee model, with trading fees ranging from 0.0125%-0.1% , depending on your tier level. Its fees are relatively low compared to competitors, which may charge up to 0.50% per trade. Users can also get trading fee discounts based on their KuCoin Token (KCS) balance.
Read moreIs there a fee to transfer from Coinbase to KuCoin?
For each transaction, Coinbase will charge a 0.50% spread fee, plus a flat fee of $0.99 to $2.99, depending on the size of the trade itself . This is quite a bit of money, especially when compared to KuCoin’s 0.1% spot trading fee that really appeals to cryptocurrency traders.
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