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Cryptogambling / KuCoin Review

Kucoin Review – Can KuCoin be trusted? 2024

What is Kucoin?

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User Reviews 3

In our latest search for the best crypto exchange 2024, Kucoin was a name that kept appearing. The exchange launched back in 2017 and currently offers over 600 tradable crypto assets. Users can download a dedicated mobile app, too, allowing them to send, trade and receive crypto on the go with low fees.

Read More
kucoin review
Kucoin: Pros & Cons
  • Low fees
  • Clean mobile experience
  • Enhanced security features
  • No phone support
Payment Methods
Bitcoin
Accepts Customers from
Players from United States of America not accepted
Company
Kugroup
Founded
2017
Website
kucoin.com
Email
media@kucoin.com
Overall Rating
Rating follows
  • New Customer Offers
    4.2/5
  • Usability
    4.6/5
  • Available Account Types
    4.6/5
  • Trading Platforms
    4.2/5
  • Payments
    4.2/5
  • Customer Service
    4.5/5
  • Regulation & Deposit Insurance
    4.2/5
Benjamin
10/04/2023
Anonymous trading
"The ability to trade on KuCoin without disclosing my identity is one of the features I value most. It adds an extra layer of security ..."
Thomas
25/03/2023
Advanced trading features
"KuCoin offers some advanced trading features, such as margin trading and stop-loss orders, which can be helpful for experienced traders looking to maximize their profits."
User Rating
5.0/5
3 User Reviews
5 Stars
100.0%
4 Stars
0.0%
3 Stars
0.0%
2 Stars
0.0%
1 Star
0.0%
Last Updated on 07/07/2024

What can you trade on Kucoin?

With over 600 cryptocurrencies currently available it is no wonder many of its users consider Kucoin to be the best crypto exchange of 2024. Users can buy, sell and and invest Bitcoin, Litecoin, Ethereum, Shiba Inu, Cardano and plenty more.

Kucoin user experience

Kucoin makes use of a white, green and black colour palette that is easy on the eye and allows for all text to remain readable at all times. Important areas of the site can be found across the top of the page and the site loads promptly. When making use of the Kucoin exchange, things become a little more complex; however, all tools and markets load swiftly and allow for a great user experience.

Kucoin account types

Main account Used for storage, deposits and withdrawals
Trading account Primarily used for spot trading across the market
Margin account Ideal for those looking to trade on margin
Futures account Solely designed for futures trading
Pool X account An account made for staking and soft staking

Kucoin trading tools

Improved charting tools Kucoin offers an improved list of charting tools that includes the opportunity to place trend lines, use EMAS and various other indicators, too.
Kucoin news The news section over at Kucoin covers all of the latest, breaking news across the market.
Beginner’s guide As the name suggests, this is an ideal spot for new users to advance their understanding with answers to basic questions.

Kucoin review of payments

You can look to buy crypto at Kucoin with fiat options, including Visa, Mastercard and Apple Pay. Those who already own crypto can transfer directly to their Kucoin wallet.

Kucoin review of fees

Minimum deposit £5
Deposit fee Varied on asset
Inactivity fee N/A
Account fee N/A
Maximum leverage 1:100
Overnight fee N/A
Minimum withdrawal Varied on asset

Kucoin customer service

To access further support, traders can select the headphones icon and head on over to the help centre. Here, we found plenty of detailed FAQs and the chance to submit a ticket. A live chat bot was also available, offering plenty of answers to important questions and links to help along the way.

Is Kucoin safe and regulated?

Kucoin is registered in Seychelles and was officially launched in 2017. Since then, Kucoin has continually improved its security and safety protocol, following strictly to the AML and KYC process, providing users with 2FA and a site that is backed by the latest encryption technology.

Does Kucoin have an app?

Yes, Kucoin offers iOS and Android users the chance to access their full account via an optimised mobile app. Apps can be downloaded at respective app stores.

Kucoin review FAQ

Does Kucoin offer users a welcome bonus?

While there isn’t a specific welcome bonus, you will find a good number of sales and events taking place at the exchange.

How many people use Kucoin?

Over 10 million users from more than 200 countries use Kucoin to trade crypto

Does Kucoin have its own wallet?

Yes! You can send, receive and store your crypto in one place with a wallet that is regularly audited by Hacken.

Kucoin review - conclusion

We believe that Kucoin is a top choice for any budding crypto investor and would recommend both the desktop and mobile applications. Fees are kept low across the board and traders can research, build strategies and inevitably trade over 600 cryptocurrencies freely – what’s not to love here?

User Reviews for KuCoin

5/5 – 3 User Reviews
  1. Earn interest on your crypto
    Matthew

    Interest on my cryptocurrency holdings is a nice bonus, and KuCoin makes that possible. It’s a great way to earn passive income while my assets sit in my wallet.

    Limited educational resources.
  2. Advanced trading features
    Thomas

    KuCoin offers some advanced trading features, such as margin trading and stop-loss orders, which can be helpful for experienced traders looking to maximize their profits.

    Not for new traders.
  3. Anonymous trading
    Benjamin

    The ability to trade on KuCoin without disclosing my identity is one of the features I value most. It adds an extra layer of security to my trades.

    Limited payment methods

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Rating follows
  • Low trading fees
  • User-friendly trading app
  • Great security features
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Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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