KuCoin Key Features

KuCoin is a feature-rich platform that offers a variety of services and products from crypto staking to derivatives trading. Below is a detailed summary of the key features offered on KuCoin.

  1. Buy and sell over 700 cryptocurrencies including stablecoins, memecoins, alt coins and dog coins.
  2. 5 Cryptocurrency staking options, allowing users to earn rewards by holding their assets on the exchange.
  3. 4 types of derivatives/futures trading with leverage up to 100x on selected tokens.
  4. A lending feature where users can lend assets to other investors and earn a yield.
  5. Two NFT marketplaces, Wonderland and Windvane. Wonderland is exclusively for NFT project launches.
  6. A user-friendly interface that is easy to navigate, even for those who are new to trading.
  7. Competitive fees, with a trading fee of 0.1% for most trades.
  8. Discounts on trading fees for users who hold certain amounts of KuCoin's native token, KCS.
  9. Margin trading for certain assets, allowing users to trade with leverage.
  10. A mobile app for iOS and Android devices, allowing users to access their accounts and trade on the go.
  11. 24/7 live customer support in four languages; English, Mandarin, Japanese & Korean.
  12. A rewards hub that allows users to earn free crypto for completing certain tasks.
  13. KuCard, a VISA crypto card where users can spend tokens for real-life purchases.
KuCoin: Crypto Card.
KuCoin: Crypto Card.

Can KuCoin be trusted?

KuCoin is a reputable exchange that has been in operation since 2017. The platform has not experienced any major hacks or security breaches, and it uses state-of-the-art security measures to protect user funds. However, it is not currently regulated in any country hence why it is based out of Seychelles. Generally speaking, when exchanges aren't regulated, funds and platform security are at a higher risk.

In saying that, KuCoin is widely regarded to be a secure and trustworthy exchange. It has not engaged in any dangerous or suspicious activities like FTX.

KuCoin: Security.
KuCoin: Security.

Does KuCoin have high fees?

KuCoin provides competitively low pricing and offers significantly lower fees than most exchanges. The trading fee is 0.1% for most trades, which is well below industry average. The exchange also offers 20% discounts on fees for users who hold certain amounts of KuCoin's native token, KCS. Refer to the below list for a quick overview of KuCoins fees.

  • Deposit Fee: All deposits on KuCoin are free.
  • Withdrawal Fee: Crypto withdrawals are subject to a small fee to cover the cost of gas, see detailed list here.
  • Spot Trading Fee: Starts from 0.1% and gets lower the higher your monthly trade volume is.
  • Derivatives Trading Fee: Maker/Taker rebate starts from 0.02%/0.06% and gets lower the higher your monthly trade volume is.
  • Convert: Zero fees.
KuCoin: Fees Schedule.
KuCoin: Fees Schedule.

Assets and Trading Types

KuCoin offers a wide range of digital assets for trading, including popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin, as well as a variety of altcoins, memecoins, dogcoins, stablecoins and DeFi coins. It is widely regarded to be the home of altcoins.

As for trading types, KuCoin currently offers Spot trading, Margin trading, Convert, Futures Classic & Futures Lite trading, Futures Brawl and Leveraged Tokens. Additionally, the exchange offers a trading bot on hundreds of pairs.

KuCoin: Available Markets.
KuCoin: Available Markets.

How to contact KuCoin customer support

If you need assistance with your KuCoin account, you can contact the exchange's customer support team through their online support centre. The support centre offers a variety of resources, including a knowledge base, FAQs, and a ticket system for submitting support requests. The support team can also be reached 24/7 via live chat, email (support@kucoin.com) or phone ((855) 206-2326).

Furthermore, you can join one of KuCoins many online social media platforms and talk to the team directly there. KuCoin is available on Facebook, Telegram, Twitter, YouTube, Discord, Reddit, Github, LinkedIn, Instagram, Medium and VK.

KuCoin: Help Centre.
KuCoin: Help Centre.

Cryptocurrency Staking Options

KuCoin offers staking for a variety of cryptocurrencies, allowing users to earn rewards by holding their assets on the exchange. Their services include five staking types which we will break down below:

  1. Dual Investment - Fixed term staking where there are two coin types that can be used for purchasing the same underlying asset. Available staking tokens are ETH, USDT & BTC.
  2. ETH 2.0 - Stake Ethereum with no minimum token amount required.
  3. Polkadot - Participate in Parachain slot auction bids.
  4. Burning Drop - Stake your assets to mine new tokens (for example, at the time of writing you can earn NAVI).
  5. Promotions - Fixed and flexible staking on hundreds of different tokens with APY (yields) up to 130%.
KuCoin: Earn.
KuCoin: Earn.

KuCoin Mobile App

KuCoin offers a mobile app for both iOS and Android devices. The app allows users to access their accounts and trade on the go, making it convenient for those who want to stay connected to the market. The app has a user-friendly interface and offers all of the same features as the desktop version of the exchange.

On the Apple App Store the KuCoin application is rated 4.6 stars out of 18K reviews. It is rated 4.3 stars from 120K reviews on the Google Play Store.

KuCoin App: iPhone Screenshot.
KuCoin App: iPhone Screenshot.

Is KuCoin available in the US?

KuCoin is not currently available in the United States. The exchange does not have a license to operate in the country, and as a result, US residents are not able to use the platform. Even if you use a VPN, KuCoin requires KYC (identity verification), and if you submit a US-issued ID, your account will be banned. For the full list of supported jurisdictions, visit here.

Final Thoughts

KuCoin is a reputable cryptocurrency exchange that offers a wide range of digital assets for trading. The exchange has a user-friendly interface and competitive fees, making it a good choice for both beginner and experienced traders. It offers a variety of features, including margin trading and staking, and has a mobile app for on-the-go trading. However, it is not currently available in the United States.