Kucoin Exchange Review
Best For
- Beginners
- IEO Participations
- Altcoin Focused Traders
- Advanced Traders
- Institutions
KuCoin is a Singapore based centralized cryptocurrency exchange with a global target market. KuCoin competes above the industry standard on trading fees, customer support, and available altcoin pairs.
KuCoin Exchange - 2020 Comprehensive Review
KuCoin Exchange Overview
| Trading Fees | Maker: 0.1% / Taker: 0.1% |
|---|---|
| Exchange Type | Centralized |
| Fiat Trading |  |
| Purchase Options | Crypto Deposits, Credit Cards |
| Android App |  |
| iOS App | |
| Trading Options | Spot Trading |
| Order Types | Limit, Market, Limit-Stop |
| Exchange Token | KuCoin Shares |
| Token Benefits | Trading Fee Discounts, Revenue Share, IEO Access |
| Charting Software | TradingView |
| KYC Check | |
| KYC Rules | Required For Withdrawals Greater Than 2 BTC Value Per 24 Hours |
| IEO Platform | |
| Education Resources | |
| Convert Micro Balance |
|
| Institutional Accounts | |
| Trading API | |
| Deposit Insurance | |
| Withdrawal Speed | Fast |
| Customer Service | 24/7 Live Chat, Support Ticket System, Email |
| Promotions | Lend & Earn Interest on BTC, USDT, ETH, EOS. Stake over a Dozen Tokens: XTZ, ATOMS, PIVX, EOS, XTZ, WAN. |
KuCoin Mobile App Features
Deposits
|
Withdrawals
|
Price Alerts
|
Margin Trading
|
Margin Funding
|
Live Chat Support
|
KuCoin Trading Fees (Maker & Taker)
| Tier | Monthly Volume Requirement | Maker | Taker | Maker Discount | Taker Discount |
|---|---|---|---|---|---|
| General | $1.00 + KCS Balance = 1.00 | 0.10% | 0.10% | 0.00% | 0.00% |
| Level 1 | $1.00 + KCS Balance = 101.00 | 0.08% | 0.10% | 0.00% | 0.00% |
| Level 2 | $1.00 + KCS Balance = 1,001.00 | 0.08% | 0.10% | 0.00% | 0.00% |
KuCoin Withdrawal Fees
| Asset | Withdrawal Fees | Minimum Withdrawal |
|---|---|---|
| EthereumETH | 0.01 | 0.02 |
| BitcoinBTC | 0.0005 | 0.002 |
| XRPXRP | 0.5 | 25 |
| TetherUSDT | 5 | 10 |
KuCoin does not charge deposit fees.
KuCoin Markets & Volume
Rank 69 |
Total Assets 186 |
Total Markets 400 |
Volume 24h $81,849,156.75 |
Volume 7d $564,393,111.09 |
Volume 30d $1,705,078,090.62 |
KuCoin Top Markets
| Crypto Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| BitcoinBTC | $1,508,666.76 | 218 | $204,847,628.61 |
| EthereumETH | $167,141.47 | 118 | $182,184,645.67 |
| XRPXRP | $0.34 | 7 | $12,352,520.85 |
KuCoin Supported Stablecoins
| Stablecoin Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| USD CoinUSDC | $1.00 | 31 | $34,838,811.78 |
| TrueUSDTUSD | $1.00 | 4 | $557,366.93 |
| DAIDAI | $1.00 | 4 | $431,610.00 |
| Paxos StandardPAX | $0.00 | 0 | $0.00 |
| TetherUSDT | $0.00 | 0 | $0.00 |
KuCoin Shares (KCS) Token
Ticker KCS |
Price $1.18 |
Volume $8,938,629.17 |
Market Cap $95,308,863.00 |
Circulating Supply 80,728,394 |
Total Supply 170,728,394 |
Rank 137 |
Blockchains Ethereum |
Trusted Exchanges Kucoin, Bitmax |
Hardware Wallets Ledger, Trezor |
KuCoin Shares (KCS) Exchanges
| Exchange | Rating | Price | Pairs | 24hr Volume |
|---|---|---|---|---|
| Kucoin | 7.5/10 | $0.00 | 0 | $0.00 |
| Bitmax | 5/10 | $0.00 | 0 | $0.00 |
Recommended KuCoin Shares (KCS) Wallets
| Wallet | Rating | Type | Price |
|---|---|---|---|
| Ledger | 10/10 | Hardware | $69.99 |
| MetaMask | 8/10 | Browser Extension | $0.00 |
| Ledger Nano M | 7/10 | Mobile Application | $96.00 |
| Trezor | 9/10 | Hardware | $149.99 |
| MyEtherWallet | 9/10 | Web | $0.00 |
| MyCrypto | 9/10 | Web | $0.00 |
| TrustWallet | 9/10 | Mobile Application | $0.00 |
KuCoin Exchange Alternatives
 |  |  | |
|---|---|---|---|
| Rating | 7.5/10 | 8.5/10 | 7.5/10 |
| Trading Fees | Maker : 0.1% Taker : 0.1% | Maker : 0.1% Taker : 0.1% | Maker : 0.16% Taker : 0.26% |
| Fiat Trading | | | |
| Purchase Options | Crypto Deposits, Credit Cards | Crypto Deposits, Credit Cards | Bank Transfer, Crypto Deposits |
| Trading Options | Spot Trading | Spot Trading, Margin Trading, Margin Funding, Futures Trading | Spot Trading, Margin Trading, Futures Trading, Forex Trading |
| IEO Platform | | | |
| Mobile Apps | | | |
| Headquarters | Hong Kong | Malta | San Francisco, California, United States |
| Learn More | Review | Review | Review |
Pros and Cons
Pros
- Trading Fees - KuCoin has very reasonable retail account trading fees. Accounts currently holding over 100 KCS (KuCoin Shares Exchange Token) receive discounts on maker trading fees.
- Altcoin Liquidity - KuCoin has hundreds of listed altcoins with reasonable volumes.
- Exchange Token - KuCoin Shares (KCS) have above average utility compared to standard exchange tokens. Holders benefit from trading fee discounts, exchange buybacks, and exchange revenue shares.
- Margin & Futures Trading - KuCoin has recently launched KuMex, a derivatives platform allowing users to trade crypto assets on margin.
- Mobile App - KuCoin has mobile applications available for both Android and IOS. App features include nearly everything available on the web exchange. Live support is readily available to assist customers with any issues.
- Customer Support - 24/7 live chat available for both web and mobile app users makes support inquiries a much easier experience.
Cons
- Regulatory Scrutiny - KuCoin has longed served American customers without any proper regulation or licensing. While this may not call for a doomsday scenario, Blockfer recommends that any users trading on KuCoin take this into consideration.
- IEO (Initial Exchange Offering) Platform - Users have not had positive IEO investment experiences on KuCoin’s spotlight.
Frequently Asked Questions
Does KuCoin have a mobile app?
Does KuCoin accept fiat deposits?
Does KuCoin allow US customers?
Does KuCoin offer margin trading?
Summary
KuCoin began operations in 2017 after a successful ICO in which the company raised close to $27.5M USD. The Hong Kong based exchange has continued to offer services in dozens of jurisdictions despite its current unregulated status.
Easily accessible customer support, very reasonable trading fees, and altcoin liquidity have all been competitive advantages for KuCoin. Recently, KuCoin announced the launch of its derivative trading platform product KuMex where users will be able to trade Bitcoin futures with up to 100x leverage.
From a product and user experience standpoint, KuCoin is an above average cryptocurrency exchange for retail traders and small scale institutions.
Note: Users looking to deposit and trade crypto assets on KuCoin should be fully aware of the exchanges regulatory status.
| Learn More | Best Features |
|---|---|
|
Legal & Regulation - Facts & Figures
| Legal Name | Mek Global Limited |
|---|---|
| Incorporated Country | Seychelles |
| Headquarters | Singapore |
| Year Founded | 2013 |
| CEO | Michael Gan |
| Total Employees | 51-100 |
| Regulators | Not Regulated |
| Links | Website, Crunchbase, Whitepaper, Source code, Twitter, Blog, LinkedIn |
About The Author
Delton has been writing about blockchain finance & technology, decentralized applications, and crypto assets since 2017. His work has been published and featured by several independent news publications and blockchain projects.
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