google-site-verification=l9c7JrpG7wqxNymxfkdPuCkHTfQpj2iKRGbjnyOvt_k

Kucoin

Kucoin
Kucoin is a centralized exchange (CEX) founded in 2017, registered in Hong Kong. All the most basic features of a CEX exchange on Kucoin are fully available, such as spot trading, derivatives, staking... and even lottery. As of writing, Kucoin has over five million global users, making it the choice of many institutional investors.

ku.PNG

KuCoin provides products and services that can be considered a fully supporting ecosystem for users to trade crypto assets such as Spot, Margin, Futures, P2P Fiat, KuCoin Earn, Trading Bot, ... In addition, KuCoin is supporting the trading of more than 700 tokens, giving users many options to diversify their investment portfolio. A unique thing about KuCoin is that it will share 90% of the profits from collecting fees for members, specifically 40% for referrers and 50% for KCS holders - KuCoin's exchange coin. 
As of now, KuCoin is providing products, services and language support in most countries around the world, including Vietnam. In addition, KuCoin is in the top 10 CEX exchanges with the largest trading volume in the crypto market based on data from CoinMarketCap and CoinGecko.

KuCoin Exchange Products

Spot
This is a spot trading product of KuCoin that supports trading of more than 700 cryptocurrencies including Bitcoin, Ethereum,... with trading pairs attached to USDT, KCS. The Spot product will allow users to trade crypto assets with 2 types of orders: Limit, Market, Stop Limit and Stop Market.

1.png

Spot product interface 

Derivatives
This is a derivatives trading product that allows users to trade with high leverage and good liquidity. Some of the features include:
Futures Overview: This is where users can trade futures contracts of coins/tokens with leverage up to x125.
Futures Brawl: This is where Futures Trading “pros” compete against each other.
Leverage Token: This is a similar feature to Futures but the tokens in this will not require margin and only use quite low leverage from 2-3x. 2.PNGProduct Interface Futures Overview

Margin
This is a margin trading product that enables you to trade on margin with x5 leverage for Cross margin and x10 for Isolated Margin.3.png

Buy Crypto 
This is where users can buy crypto assets such as Bitcoin, Ethereum with Visa, Mastercard. KuCoin currently supports 50 fiat currencies to buy crypto assets including Vietnam VND.

4.jpg

Buy Crypto feature interface

KuCoin Earn
This is a product where users can earn passive income from KuCoin exchange such as staking tokens, KCS bonuses, lending,...

5.jpg

KuCoin Earn Product Interface

Trading Bot
This is KuCoin's own trading Bot product that allows users to set up trading methods for Spot, Futures,... to make profits. The methods that users can set up include DCA, surfing,...

1.jpg

Trading Bot Product Interface 

KuCoin Exchange Highlights
KuCoin exchange has the following highlights:
Diversified products, tools, trading features.
Supports a wide range of tradable assets with over 700 tokens
Supports more than 22 languages ​​including Vietnamese.
High liquidity and always in the Top 5 floors with the largest volume on the market.
Support for use on mobile devices such as Windows, iOS and Android.
User friendly interface, easy to use.
Low transaction and withdrawal fees.
KuCoin offers high security features through Email, 2-factor authentication (2FA),...
24/7 customer support via website, email, wechat. Customers will have their questions answered within 10 minutes.
Fees on KuCoin Exchange
Token deposit/withdrawal fees: KuCoin does not charge any token deposit fees. However, withdrawal fees are charged depending on the type of token the user is withdrawing.
Trading Fees: KuCoin applies trading fees for Spot, Futures trading through 12 levels based on the amount of KCS a user holds in 30 days. The more KCS a user holds, the higher the level and the more discount on trading fees they will receive.
You can refer to token deposit/withdrawal fees and transaction fees atThis.
Does KuCoin have exchange coins?
The answer is yes and KuCoin Token (KCS) is an ERC-20 standard exchange coin. Some basic information about KCS is as follows:

 

 

2.PNG

KCS is used in the KuCoin exchange to support various purposes including:
Transaction fee reduction: depending on the amount of KCS held by the user, the fee reduction will be different.
Trade with many different tokens such as: XRP/KCS, BNB/KCS, ADA/KCS, DOGE/KCS, ATOM/KCS,…
Join KuCoin Spotlight: KCS holders will be able to join KuCoin Spotlight - LaunchPad developed on KuCoin.
Profit Sharing: KCS holders will receive 50% of KuCoin's daily trading fee revenue.
Use in KuCoin Blockchain ecosystem: Defi, Dex, Smart Contract,…
KuCoin Development Team
Some prominent members of the KuCoin development team:
Michael Gan: He is currently the Co-Founder and CEO of KuCoin. He used to be a technical expert of Ant Financial (Alibaba Group) with a very good understanding of financial solutions similar to Alipay. He has held senior partner positions in several well-known Internet companies such as MikeCRM and Kf5.com,...
Eric Don: He is currently the Co-Founder and COO of KuCoin exchange. He has over 10 years of experience working and starting businesses in the internet industry, and has held the positions of CTO and senior partner of prominent IT companies such as Youling, Fengzheng Lianxian and Ruiyun Wulian,...
Top Lan: He is currently the Vice President and CTO of KuCoin. Prior to working at KuCoin, he worked at Hyundai Capital America as a Funding Investigation Analyst from 2014-2016. 

 

3.png

Is KuCoin exchange reputable?
Legally, KuCoin is not licensed to operate in some regions and is not regulated by any financial authority in the world. This may lead to legal risks as well as the assets of users on this exchange. However, KuCoin is still highly appreciated for the following factors:
High Trading Volume: KuCoin is one of the largest cryptocurrency exchanges in the world with a daily trading volume of approximately $1 billion for both Spot and Futures. This shows that the exchange has a lot of users trading and has high liquidity.
User Asset Security: KuCoin uses security measures to protect user assets through Email, 2-factor security (2FA),...
Independently Audited: KuCoin has been audited by independent auditing firms, including Certik and Hacken. These audits have confirmed that the exchange is safe and trustworthy.
Proof of Reserves Announced: KuCoin has announced Proof of Reserves to demonstrate transparency and security to users. You can view KuCoin's Proof of Reserves on CoinMarketCap and CoinGecko. 
Instructions for registering an account on KuCoin exchange
Instructions for registering and KYC an account on KuCoin exchange
Step 1: Accesskucoin.com.

4.jpg

Go to kucoin.com/vi and select “Sign Up”

Step 2: Choose to create an account with “Email” or “Phone number”, enter the referral code if any. After entering, select “Create Account” and enter the verification code sent via email or phone number. 

5.jpg

Register an account with “Email” or “Phone number”

 

6.jpg

Enter the verification code sent to your email or phone number

Step 3: Select “Verify Now” to verify your identity. 

1.jpg

Select “Verify Now” to verify your identity

Step 4: At the “Personal Identity Verification” interface, select “Verify”. Then, choose to verify using the application or browser depending on your choice.

 

2.jpg

Select "Verify"

 

3.jpg

Choose to verify using app or browser depending on your choice

Step 5: Select the country and ID type to verify your identity. Fill in the information of the ID type you will verify, here Coin68 will use “Citizen ID”.

4.jpg

Select country and ID type to verify identity

 

5.jpg

Fill in the information of the type of ID you will be verifying

Step 6: After filling in the information, you need to verify that the information is correct by taking a photo of the front and back of your ID card and scanning your face in the frame.

 

6.jpg

Select "Start" 

 

 

2.jpg

Front photo of citizen identification card

 

3.jpg

Take a photo of the back of your ID card

 

4.jpg

Scan faces in photo frame

 

5.jpg

After verification, it takes 5-7 minutes for KuCoin to verify your information. 


Instructions for activating 2-factor authentication (2FA)
Step 1: Select the circle icon and select “Security”. Then click “Link” under “Authentication via Google”. 

 

6.jpg

Click on “Link” under “Authentication via Google”

Step 2: Click the “Send code” button then enter the verification code via Email and click the “Next” button.

 

1.jpg

Click the “Send code” button then enter the verification code via Email and click the “Next” button

Step 3: Scan the QR code or enter the Keys to add the KuCoin exchange security account on Google Authenticator or Authy. Enter the 6-digit code on Google Authenticator or Authy in the “Authentication code via Google” box and click the “Activate” button.

 

2.jpg

Note: You should save the Code in case you lose your phone, transfer it or can restore it and log in to your KuCoin account.

Security Guide by Phone Number

Step 1: Similar to activating 2FA, you will also choose to click on “Link” in the “Phone number” section. 

 

3.jpg

Click on “Link” in the “Phone Number” section

 Step 2: Click the “Send code” button then enter the verification code via Email and click the “Next” button.

 

4.jpg

Click the “Send code” button then enter the verification code via Email and click the “Next” button

Step 3: Link Phone Number by filling in the following information:
Select Country Vietnam (+84).
Enter phone number.
Select the “Send Code” button
Enter the SMS verification code.
Select the “Activate” button.

5.jpg

Summary
KuCoin is a global centralized exchange (CEX) founded on September 15, 2017 in Hong Kong and currently headquartered in Seychelles. KuCoin provides products and services that can be considered a fully supporting ecosystem for users to trade crypto assets such as Spot, Margin, Futures, P2P Fiat, KuCoin Earn, Trading Bot, etc.
Although KuCoin is not licensed to operate in some regions and is not regulated by any financial authority in the world. However, KuCoin is still highly appreciated because it has many trading users, high liquidity and published Proof of Reserves on CoinMarketCap and CoinGecko. Through this article, you must have somewhat grasped the basic information about KuCoin as well as how to register an account with this exchange.