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, Use Credit Or Debit Cards To Buy Cryptocurrencies, And Live 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.
KuCoin Was Co-founded By Two Tech Geeks Who Were Both Early Developers Of Blockchain Technology. One Of The Founders Started His Business At The Age Of 16, And The Other Started Mining Bitcoin After First Hearing About It In 2012.
With The Development Of Blockchain Technology, The Two Founders Realized That Blockchain Is Gradually Reshaping The Financial System That Currently Serves Only The Wealthy Minority Into A Product For The General 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 Make The Whole People Can 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, As A Global Exchange, Is Headquartered In The Seychelles And Has Offices In Hong Kong And Singapore. KuCoin Has 20 Million Users From More Than 200 Countries Worldwide.
Countries That Restrict The Use Of KuCoin
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, Allowing Users To 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 Handling Fee Of The KuCoin Platform Is Calculated Through The "level" System. The Classification Level And User Level Of Different Tokens Will Affect The Handling Fee Calculation. The User Level Is Determined Based On The User's Spot Transaction Volume And Minimum KCS Holdings In The Past 30 Days.
Transactions On KuCoin Use The Pending Order/eat Order Model. Taking The Level 0 User As An Example, The Pending Order Eating 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, They Can Get A 20% Discount.
For Futures Trading, The Pending Fee For Users With Level 0 Is 0.02%, While The Pending Fee For Users With Level 12 Is -0.015%. The Fee For Eating 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 Users Are Trading On Margin, Futures Or Using Leveraged Tokens. The Maximum Leverage For Futures On The KuCoin Platform Is 100x, But Users Must First Pass KYC Verification. In The Position-by-position Mode, The Leverage Is Up To 10x, And The Specific Leverage Multiple Depends On The Trading Pair.
