the favorite crypto exchange of the degen
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KuCoin is a very established crypto exchange in the sector, standing since 2017 and with a continuously evolving product structure. The platform enjoys very interesting investment tools, and it presents itself as one of the preferred centralized brokers by degen (degenerates of the crypto world). On KuCoin you can, in fact, trade a wide range of memecoins and low-cap coins, all with competitive fees and high security. Let’s see everything in detail below. Main data of the crypto exchange KuCoin KuCoin is a Chinese exchange with its legal headquarters in the Seychelles, operating since 2017 and well known among crypto enthusiasts. In its spot trading offer proposes over 870 altcoins with a wide range of trading pairs denominated in BTC, ETH, USDT, KCS, and USDS. To facilitate the onboarding of new users, KuCoin also allows the purchase of major cryptocurrencies directly with fiat currencies EUR and BRL. To all this is added the derivatives section, where it is possible to leverage in either perpetual futures or margin mode on a myriad of tokens. At the moment we find 304 futures contracts available, with a total cumulative trading volume of 47.6 billion dollars advanced by 24.8 million traders. In general, both for spot trading and derivatives, the liquidity is sufficient to guarantee the fulfillment of all user requests, with ample depth for buying and selling. Source: https://www.KuCoin.com/futures This crypto exchange also offers P2P purchases, acting as an intermediary between buyer and seller and enabling various payment methods. Until recently, the practice of Know Your Customer” (KYC) was not mandatory to operate on KuCoin. This made it one of the best exchanges to trade crypto without recognition practices, and with withdrawal limits equal to 1 BTC (no FIAT). However, starting from July 15, mandatory KYC has been introduced for all new users,…
Filed under: News - @ July 20, 2024 8:18 am