In detail analysis of KuCoin and its features

KuCoin is one of the large cryptocurrency exchanges which enables you to buy, sell and trade cryptocurrencies. The additional flex of this exchange is that it also offers margin, futures, and peer-to-peer trading. Staking and lending options are also provided to the users through which they can get rewards too. You just need to do the KuCoin login and you can start benefitting from all these features. KuCoin offers low trading fees when compared to some of its competitors. In this blog, we are going to give an in-depth review of KuCoin, its features, and its benefits. So if you are thinking about or planning to get started with KuCoin, this is a must-read blog for you.

Pros of KuCoin

• Using KuCoin, users are enabled to get interest in their crypto by staking and lending assets. Since they get chances to get rewards too, they can make their portfolio larger and better.
• KuCoin provides a vast range of trading options by offering over 600 types of cryptocurrencies for trade, unlike some other exchanges which provide or offer only a few dozens of them.
• KuCoin charges very low or negligible trading fees when compared to other major exchanges.

Cons of KuCoin

• It is not preferable for US-based users as it is not licensed in the US.
• Reviews given by KuCoin users are especially poor and common issues faced by users are related to customer support, withdrawals, and market manipulation.

Experience of trading

Trading on KuCoin Login can be done through two means which are the web version and the mobile app. So you can access KuCoin on both PC and mobile and in both the options, there are a lot of features and benefits available to be used by the users.

Once the user has done the KuCoin login process they can easily have access to all the trading features of KuCoin as it has an easy-to-use interface. Four types of order are supported on the platform and their names are market, limit, stop market and stop limit. Additional features are futures, margin, peer-to-peer trading, staking and you also get the help of a Robo advisor for your cryptocurrency portfolio.

Account opening procedure

1. Opening a KuCoin account is a convenient process and takes only a few minutes.
2. To begin with, go to the official website of KuCoin and click on the Signup option available in the top right corner of the screen.
3. Now you will need to enter your phone number or email ID, a verification code, and your password, and your account setup process is done. You can start trading now.
4. Now you will get access to the KYC verification process which will enable you to access more features of KuCoin. Both basic and advanced KYC options are available on KuCoin.
5. The basic KYC verification process is really simple. You just need to do the KuCoin login, tap the KYC verification option that is below your avatar and fill in some of your basic details and it is done.
6. In addition, the advanced KYC process will require you to enter some supplementary documents along with personal details. Extra benefits will be provided to you upon completing the advanced KYC verification process.

Conclusion

We have made a decent effort to explain to you all the basic details you need to know to get started with KuCoin Login and you will be clear with all the concepts in this blog if you read them carefully as we have used easy-to-understand language. We hope we have satisfied you with the blog and now you are all set to start trading on KuCoin.