If you want to buy specific cryptocurrencies or coins with your fiat money, KuCoin may be the exchange for you. In this KuCoin review, we’ll cover the basics of KuCoin in depth including its pros and cons, fee schedule, services and more. Let’s get started!
KuCoin At a Glance
| Minimum Trade | No |
| Number of Cryptocurrencies | 600+ |
| Deposit fees | Depends on the currency involved |
| Mobile App | Mobile app is available |
| Customer Service | 24/7 Phone, email and chat |
| Location | Seychelles |
KuCoin is one of the largest and known cryptocurrency exchanges, as it’s been serving its clients and providing excellent service since launching in August 2017. KuCoin is often considered to be the best crypto exchange for altcoin hunters because of its massive selection of tradeable assets.
KuCoin: Pros and Cons
Let’s review a few KuCoin pros and cons:
| Pros | Cons |
| No withdrawal or deposit fee | A bit complicated for beginners |
| Regularly updated | Got hacked in 2020 |
| Largest coin collection available | Not licensed in the U.S. |
| 24/7 customer support | |
| Simple and easy-to-use | |
| Ability to earn interest on Crypto |
KuCoin Products and Services
KuCoin is an easy-to-use platform, and offer different services to trade easily without any problem. Here are the services offered by the KuCoin:
KuCoin P2P
KuCoin peer-to peer trading enables investors to move cryptocurrencies from their KuCoin accounts to other user’s accounts without going through a broker and financial institution. Users can buy or sell crypto coins like BTC, ETH, LTC etc. through KuCoin’s P2P market.
Future Trading
KuCoin future trading or contract trading service allows users to buy and sell the assets future standard contracts. The buyer orders a crypto asset for a specific price and time (future), while the seller must deliver the asset at the decided time and price.
Crypto Lending
The KuCoin trading platform allows users to lend their holdings to other traders. The interest rate and time period depends on the coin type. Crypto lending comes with risks. The time period of loan is typically between 7 to 28 days. You can earn up to 12% interest.
Mobile App
KuCoin mobile app is user-friendly tool on your phone that helps you to buy, sell, and manage cryptocurrencies. It has high ratings on both App Store and Google Play Store. If you want to start trading on your phone, it’s a great option to consider.
Customer Support
KuCoin has multiple customer support options including live chat, email, phone, FAQs section and a telegram group to help you 24/7, if you face any problem.
Cryptocurrencies Available on KuCoin
KuCoin offers over 700 cryptocurrencies for users. Here are the list of cryptocurrencies that are available on KuCoin:
- Bitcoin (BTC)
- Ethereum (ETH)
- Polkadot (DOT)
- Dogecoin (DOGE)
- Shiba Inu (SHIB)
- XRP (XRP)
- Solana (SOL)
- Cardano (ADA)
- TRON (TRX)
KuCoin Trading Fees
KuCoin fees for sport trading start at a low 0.1%, and you can easily access a 20% discount if you use KCS coins (KuCoin’s token). This equates to only 0.08% per trade.
If you’re a large-volume trader or you hold a lot of KCS, you can get greater discounts. At the highest rate of discount, Makers actually receive a rebate of 0.005%, and the takers fee is only a tiny 0.02%.
| KCS Holding | Trade Volume (BTC) | Maker/Taker | KCS Pay Fee (Maker/Taker) |
| 0 | <50 | 0.1%/o.1% | 0.08%/0.08% |
| 1000 | <50 | 0.09%/0.1% | 0.072%/0.08% |
| 10,000 | <200 | 0.07%/0.09 | 0.056%/0.072% |
| 20,000 | <500 | 0.05%/0.08% | 0.04%/0.064% |
| 30,000 | <1,000 | 0.03%/0.07% | 0.024%/0.056% |
| 40,000 | <2,000 | 0%/0.07% | 0%/0.056% |
| 50,000 | <4,000 | 0%/0.06% | 0%/0.048% |
| 60,000 | <8,000 | 0%/0.05% | 0%/0.04% |
| 70,000 | <15,000 | -0.005%/0.045% | -0.005%/0.036% |
| 80,000 | <25,000 | -0.005%/0.04% | -0.005%/0.032% |
| 90,000 | <40,000 | 0.005%/0.035% | -0.005%/0.028% |
| 100,000 | <60,000 | -0.005%/0.03% | -0.005%/0.024% |
| 150,000 | <80,000 | -0.005%/0.025% | -0.005%/0.02% |
Payment Methods
| Buy | Sell | Speed | |
| Bank Account (ACH) | ❌ | ❌ | n/a |
| Credit Card | ❌ | ❌ | n/a |
| Debit Card | ❌ | ❌ | n/a |
| Wire Transfer | ❌ | ❌ | n/a |
| Crypto to Crypto | ✔ | ✔ | Variable |
Top KuCoin Reviews
