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The ultimate guide to

What is Kucoin Exchange

  • Kucoin is a cryptocurrency exchange. Exchanges are allowing the users to buy, sell or exchange cryptocurrencies for other digital currencies.

  • Kucoin is registered in Singapore. The team behind Kucoin is experienced and includes Ant Financial (affiliate company of the Chinese Alibaba Group) and GF Securities (top Chinese securities company).

  • The team has been actively listing new cryptocurrencies quite often as the first exchange to do so even before Binance (who has been the leader for a while amongst centralised exchanges)

  • The website has officially launched in August and is currently on 71st place in terms of daily volume (as of 10th of December).

Why do I like Kucoin exchange?

  • Team active on social media and is constantly introducing competitions and promotions (for example no fees for particular cryptocurrency)

  • Often listing less popular cryptocurrencies and is introducing the popular ones before the competition.

  • Great usage of Kucoin Shares (KCS), used for voting, to get reduction in fees and to get income from fees.

  • Really good interface - easy to use and very fast response times. Android and iOS apps available (beta versions)

  • Decent fees when compared with the competition (both trading fees and withdrawal fees)

Creating the account and depositing funds

Deposit of funds is really easy too:

Registering is as basic as any of the exsiting websites on the Internet:

Selecting the market and coin

CoinmarketCap is a good source for that information.

Kucoin has 5 main markets, the best idea is to pick the one with most volume and lowest/highest price depending on whether you are buying or selling

Order book and dealt orders

Green colour are people trying to buy the token you selected (CAG in this case) , red colour are the people trying to sell the token.

People selling obviously want to get the highest price for their tokens.

People buying obviously want to purchase the tokens as cheaply as possible.

The 'Last Price' is the last dealt price whether through buying or selling.

On the right side of the screen you can see the dealt orders/

Candle sticks and interface

Candle sticks show the recent price history.

When buying the token you can either use the existing sell orders or put your own buy order.

When selling the token you can either use the existing buy order or put your own sell order.

Kucoin Shares (KCS)

If you do a lot of trading holding Kucoin Shares (KCS) should be beneficial.

With Kucoin shares you get reduced fees and also income from the fees that Kucoin exchange generates (all of the coins including BTC, ETH, DASH and others)

Kucoin Shares are also a market so you can trade them for other cryptocurrencies (the liquidity is quite bad for now)

Withdrawal of fund, fees and referral

Withdrawal of funds is really easy:

Referral allows you to invite friends and earn a fraction of the income from the trading fees:

The fees can be checked here: https://news.kucoin.com/en/fee/

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