KuCoin Exchange Named the Best Cryptocurrency App of 2022: Everything You Need to Know

PRESS RELEASE. Leading idiosyncratic fiscal services’ evaluator, the Ascent, named KuCoin crypto speech the champion cryptocurrency app of 2022. The Ascent is simply a flagship merchandise of world-renowned private fiscal and investing proposal company, The Motley Fool. Ascent rated KuCoin Exchange based connected factors similar fees, enactment of coins, lawsuit reviews, KYC rules, information features and wallet availability.

Accolades from organizations specified arsenic the Ascent oregon Forbes—which named KuCoin Exchange 1 of the champion cryptocurrency exchanges past year—reflect the platform’s important maturation measurement and idiosyncratic basal successful caller years. The latest survey indicates that KuCoin Exchange received 10 cardinal users by December 2021 from 207 countries.

In 2021, KuCoin Exchange’s cumulative trading measurement hovered astir $1 trillion (Spot & Futures trading) portion the mean regular trading measurement reached the $3 cardinal mark. KuCoin Exchange Review 2022 connected vetted ranking sites similar CoinMarketCap and Coingecko ever fertile the level among the apical 10 cryptocurrency exchanges successful the world. Here, is everything you request to cognize astir the 2022’s no. 1 altcoin exchange!

About KuCoin Exchange

Dubbed arsenic the People’s Exchange, KuCoin Exchange was launched successful 2017. It is simply a Singapore-based cryptocurrency speech with implicit 10 cardinal users progressive crossed 207 countries. The speech houses implicit 600 integer assets and 1100+ trading pairs. Currently, the level offers P2P fiat trading, staking, spot trading, lending, crypto derivatives and borderline trading.

People’s Exchange Culminating into the Incubator of DeFi’s Evolution

KuCoin Exchange has brought to the limelight much than 640 crypto gems and supports 1100+ trading pairs. The level bagged the rubric of the “People’s Exchange” for supporting niche cryptocurrencies that different exchanges bash not support. Today, it is much than a People’s Exchange; successful fact, it graces the abstraction arsenic the facilitator of DeFi’s respective innovative implementations.

KuCoin Labs is the concern and probe section of the speech that introduced a $100 Million Fund to empower the DeFi ecosystem and metaverse projects. Despite each its far-reaching ventures, the squad down KuCoin Exchange continues to enactment grounded—churning retired improvements for its trading features, which is its superior selling point. In this 2022 review, let’s research those precise features that marque KuCoin Exchange a stand-out crypto trading platform.

Features that Make KuCoin Exchange Truly User-friendly

From buying crypto connected the level to exploring assorted trading strategies, users get to navigate KuCoin Exchange conveniently acknowledgment to its user-friendly interface. Features similar trading bots and societal trading assistance caller crypto traders get a sensation of the domain without anterior experience. Here’s a elaborate overview of KuCoin Exchange’s user-centric features.

• Easy On-ramping With Fiat

As of 2022, KuCoin Exchange supports aggregate outgo methods for fiat to crypto on-ramping including USD, EUR, AUD, INR, CAD, GBP, etc. KuCoin Exchange supports 51 fiat currencies successful total, having precocious added 36 European currencies.

The level supports debit and recognition paper purchases via Visa, MasterCard, ApplePay, and SEPA. KuCoin Peer-to-peer speech has slope transportation arsenic good arsenic 20 antithetic outgo methods. Users tin wage with Debit, Credit, Visa, Mastercard, ApplePay paper and SEPA card. KuCoin Exchange besides employs a accelerated bargain enactment utilizing which users tin person cryptocurrencies instantly.

• Competitive Fees

Image Source : Forbes Advisor

KuCoin Exchange charges nary fees for depositing crypto. Buying and selling crypto connected KuCoin P2P is besides escaped of cost. The trading fees are importantly debased astatine 0.1% per transaction which tin beryllium further reduced by 20% if traders clasp enough KCS, which is the autochthonal token of KuCoin Exchange. KCS receives level fees and distributes the fees among KCS holders arsenic bonuses which tin spell up to 50% annually.

The fees for buying crypto utilizing fiat currency depends connected the outgo option. However, SEPA paper holders person the champion woody having to wage lone 3.1% of the worth with which the assets are bought. Again, withdrawal fees vary depending connected the cryptocurrency involved. Please travel the illustration supra to find retired the shaper and taker fees for cryptocurrency futures contracts.

• KYC Leniency

KuCoin Exchange has a Know-Your-Customer (KYC) verification successful spot to combat criminals and wealth laundering. Nevertheless, relationship verification is optional, particularly for tiny measurement traders.

Accounts without KYC tin retreat 2 BTC successful 24 hours, which is inactive capable for astir traders. Comparatively, Binance lone allows users without KYC to retreat 0.06 BTC successful 24 hours.

• Trading Bots

KuCoin Trading Bot is a user-friendly trading instrumentality and is escaped to use. Users tin commencement creating a trading bot with a fewer steps to automatically execute trading strategies. KuCoin trading bot supports 5 trading strategies: Spot Grid, DCA, Futures Grid, Smart Rebalance and Infinity Grid. Over 5 cardinal bots person been created worldwide to assistance newcomers transcript others’ settings and get started quickly.

• Social Trading

The KuCoin societal trading level was launched successful October past twelvemonth to facilitate large-scale crypto adoption. In 2022, courtesy of this feature, KuCoin is transforming into the archetypal and biggest societal trading level successful crypto.

The societal trading level is simply a go-to for traders looking for easy-to-obtain trusted crypto quality feeds containing accusation connected antithetic token terms moves, caller listing, crypto news, trending coin, sector, portfolio, oregon topics, etc.

Additionally, the transcript trading diagnostic allows caller traders to browse the astir palmy strategies connected the platform, and make a portfolio that meets their instrumentality anticipation and hazard penchant successful 1 click

• Top-notch Customer Service

KuCoin Exchange offers 24/7 lawsuit enactment via unrecorded chat and online summons connected its assistance center. The supporting unit are precise responsive and diligent and supply localized enactment crossed 9 section communities successful Europe, SEA and different regions.

For Advanced Users KuCoin Exchange Offers Crypto Derivatives Trading

For precocious traders, the speech provides borderline trading and futures trading to assistance them amplify their gains from palmy trades. KuCoin Futures is 1 of the apical 10 planetary Futures trading platforms with implicit 3 cardinal users. It present supports implicit 70 coins with up to 100x leverage. KuCoin Margin, connected the different hand, serves implicit 2 cardinal users supporting 70 coins up to 10x leverage.

Users tin commencement with Futures Brawl if they are caller to derivatives trading. Futures Brawl is much similar a crippled and was launched with an purpose to assistance newcomers larn astir trading futures. Here traders get to vie with users globally, acquisition futures trading by going agelong oregon abbreviated and harvesting profit. Futures Brawl is simply a bully level to larn astir derivatives trading strategies which users tin aboriginal usage to participate much superior trades.

KuCoin Exchange Offers Easy Ways to Earn a Stable Passive Income

KuCoin Crypto Lending offers a peer-to-peer lending market, wherever users tin lend assets to gain passive income. For example, the APR for USDT ranges from 10% to 30% astir of the time.

KuCoin Earn is KuCoin Exchange’s staking level that users tin additionally research to gain a dependable passive income. One of the champion benefits of KuCoin Earn is that stakers person the Pool of Liquidity tokens on with their staking returns.

KuCoin Spotlight and BurningDrop are 2 different features that users tin navigate to get their hands connected caller crypto tokens. Coins listed connected these platforms are cautiously assessed by the KuCoin squad earlier they are featured, therefore, making them trusted platforms for getting allocations connected caller projects.

To get latest updates connected each caller diagnostic implementation, upgrades and announcements, travel KuCoin Exchange on Twitter, Telegram and Instagram.

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