I have long wanted to write a review of this exchange and now the time has come. KuCoin is the Hong Kong Crypto Exchange, which allows you to conduct various transactions with digital currencies, trade more than 300 pairs. And all this in the framework of one full-featured platform, the services of which are available to users from all over the world.
KuCoin is a relatively young representative of the crypto-currency market - the exchange started operating at the end of Q3 of 2017. One of the most popular exchanges - Binance - became the model and an example for imitation , and the creators of the Hong Kong analogue are equal to it. KuCoin tries to repeat the success story of Binance. Registration on the exchange is very simple, will understand and close, therefore the registration instruction is not attached 😎
And so, let's consider the features of the future top market:
1. Account verification
To trade on the exchange, you do not need to undergo mandatory verification. Not verified users have a daily limit on the withdrawal of funds, which is up to 2 military technical cooperation. But if you plan to "roll" on the exchange huge amounts and display them, you still have to verify your account. If you decide to do this, you need to be ready, that verification can take as a couple of hours, and a few days. The latter happens extremely rarely, and the user usually can confirm his account on the same day that he provides the system with all the necessary documents.
It is worth mentioning that in the future the exchange plans to work with fiat funds and when this happens, all users who wish to trade in fiat will have to undergo mandatory verification. But for the vast majority of the exchange, verification is not a priority.