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7 Guilt Free Social Trading Tips

por Van Iliff (2023-05-05)


KuCoin is a cryptocurrency exchange platform that was established in September 2017 and has its headquarters in Singapore. It offers over 230 cryptocurrency trading pairs, and in 2021, KuCoin was listed in the top 10 cryptocurrency exchanges, in terms of trading volume. As the cryptocurrency market continues to evolve, KuCoin has become an important player in the industry, providing a reliable and convenient platform for users to engage in cryptocurrency trading.

Trading Features

One of the most significant attributes of KuCoin is the variety of cryptocurrencies that it supports, including Bitcoin, Ethereum, Litecoin, and many others. With this range of options available, users can easily buy and sell various cryptocurrencies according to their preference. KuCoin also features custom trading pairs, allowing users to create their own trading pairs based on their desired currencies. Additionally, the platform provides an advanced trading interface for experienced traders who need extra functionalities.

Security Features

KuCoin employs various security measures to ensure the protection of its users' funds. The platform implements two-factor authentication (2FA) as an additional layer of security, and it requires users to complete a know-your-customer (KYC) verification process. The platform's servers are SSL-encrypted, and it stores its users' funds in cold wallets, which are offline storage devices known for their excellent security features.

KuCoin also has a dedicated team of cybersecurity experts who are responsible for securing the platform against any potential hacks or cyber-attacks. Recently, the platform launched its KuCoin Security Incident Response Plan to ensure prompt response to security breaches and enhance the platform's security measures.

KuCoin Tokens (KCS)

KuCoin has its native token called KuCoin Shares (KCS). It is an ERC-20 token based on the Ethereum blockchain. KCS tokens allow users to receive a portion of the platform's trading fees when they hold the tokens in their KuCoin accounts. Additionally, KCS holders receive discounts on trading fees when they use the token to pay for trading fees.

Another benefit of owning KCS tokens is the KuCoin Bonus, which is distributed daily to KCS holders, based on the trading volume of the day. This bonus is distributed according to the number of KCS held in a user's account. The more KCS tokens that a user holds, the more bonus they receive.

Customer Support

KuCoin offers customer support through various channels, including email, social media, and live chat, among others. The platform has a Knowledge Base that contains a plethora of information regarding the platform's features and services, as well as answers to some frequently asked questions. Additionally, its customer support team is available 24/7 and is always happy to assist users with their inquiries and concerns.

Conclusion

KuCoin cryptocurrency exchange provides a valuable platform for users to trade cryptocurrencies securely and with a wide array of currencies. The platform's security measures, trading features, and customer support make it a preferred choice for many cryptocurrency traders. With the issuance of its native token, KCS, KuCoin has also created the opportunity for users to earn rewards and bonuses from the platform. Overall, KuCoin is a reliable and convenient platform that has earned its reputation as one of the top cryptocurrency exchanges in the world.



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