KuCoin Is A Cryptocurrency Exchange Founded To "promote The Free Flow Of Digital Value Around The World". KuCoin Has Always Placed Great Emphasis On Intuitive And Easy-to-understand Design, Simple Registration Process, And Extreme Security. Users Can Trade Futures, P2P Transactions, Buy Cryptocurrencies With Credit Or Debit Cards, And Real-time Trading Services On KuCoin.
KuCoin Is Also Known As The "People's Exchange", With A Cumulative Transaction Volume Of 1.20 Trillion And 20 Million Users Worldwide. KuCoin Aims To Provide Technology-driven Products And Is Centered On The KuCoin Token (KCS) To Create The KuCoin Ecosystem That Includes The KuCoin Community.
Behind KuCoin Are Two Tech Geeks And Early Blockchain Evangelists. Michael Programmed His Own Homepage At The Age Of 8 And Founded His First Internet Company At The Age Of 16. In 2012, He First Heard About Bitcoin From His Then Boss Eric And Started Mining. When He Wanted To Trade On Mt. Gox, He Found The Experience Of The World's Largest Bitcoin Trading Platform Extremely Unfriendly To Newbies. With The Development Of Blockchain Technology, Michael And Eric Realized That The Technology Was Reshaping The Traditional Financial System, Establishing A System That Served Not Only The Wealthiest People, But Everyone In The World, Even If They Did Not Have A Good Education, A Decent Job, Or A Bank Account. In Late 2013, They Wrote Their First Line Of Code In A Coffee Shop And Founded A Universal Exchange That Allowed Everyone To Embrace Digital Assets.
With The Development Of Blockchain Technology, The Two Founders Realized That Blockchain Is Gradually Reshaping The Financial System That Currently Only Serves The Wealthy Minority Into A Product For The Whole Public - Even Those With Low Education, Unemployment, And Bankruptcy. At The End Of 2013, The Two Founders Completed The First Part Of The KuCoin Program Code In A Coffee Shop. This Is The Beginning Of The "People's Exchange", Which Aims To Enable All People To Participate In Digital Currency.
In 2020, Johnny Lyu Joined KuCoin As CEO When KuCoin Developed Into The Top 5 Exchanges In The World. Before Joining KuCoin, Johnny Has Accumulated Deep Experience In The Fields Of Technology, Internet And E-commerce.
In August 2017, KuCoin Was Officially Established.
KuCoin Is A Global Exchange With Headquarters In The Seychelles And Offices In Hong Kong And Singapore. KuCoin Has 27 Million Users From More Than 200 Countries Worldwide.
KuCoin Provides Services To Users In Turkey, India, Japan, Canada, The United Kingdom, Singapore And Other Countries. KuCoin Is Not Registered And Operated In The United States, But Traders And Cryptocurrency Investors From The United States Can Still Register Accounts On The Platform.
KuCoin Has Launched A Variety Of Trading Pairs, And Users Can Buy, Sell And Trade Nearly 700 Cryptocurrencies On The KuCoin Platform. Among Them, The Most Important Cryptocurrencies Include Bitcoin, Ethereum, USDT, BNB, ADA, Ripple, USDC, DOGE, DOT, UNI, Etc.
The Processing Fee Of The KuCoin Platform Is Calculated Through A "level" System. The Classification Level And User Level Of Different Tokens Will Affect The Processing Fee Calculation. The User Level Is Determined Based On The User's Spot Trading Volume And Minimum KCS Holdings In The Past 30 Days.
Trading On KuCoin Uses The Pending Order/eat Order Model. Taking The Level 0 User As An Example, The Pending Order Fee For "A-level Tokens" Starts From 0.10%, And The "C-level Tokens" Starts From 0.30%. The User Level Is From Level 0 To Level 12. If The User Pays The Fee Through KCS Tokens, A 20% Discount Is Available.
For Futures Trading, The Pending Order Fee For Users With Level 0 Is 0.02%, While The Pending Order Fee For Users With Level 12 Is -0.015%. The Fee For Buying Orders Ranges From 0.06% To 0.03%. All Users' Deposits Are Free, While The Withdrawal Fee Depends On The Specific Crypto Asset.
The Leverage Function Can Be Enabled When The User Is Trading On Margin, Futures Or Using Leveraged Tokens. The Maximum Leverage For Futures On The KuCoin Platform Is 100x, But The User Must First Pass The KYC Verification. In The Position-by-position Mode, The Maximum Leverage Is 10x, And The Specific Leverage Multiple Depends On The Trading Pair.
