
This article will discuss the key features and strengths of the platform and what makes them stand apart from other competitors in the crypto industry.
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Trade 200+ Cryptocurrencies:
KuCoin allows its users to trade, buy, and store over 200+ cryptocurrencies on its platform. This platform is a treasure trove of cryptocurrency options for crypto traders and holders who want to trade or invest small caps coins.
KuCoin offers trading in assets across over 400 markets. This makes portfolio diversification easy for average investors.
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Buy/Exchange Fiat to Crypto:
KuCoin allows you to buy cryptocurrencies directly with your debit or credit card. It is very simple for traders to fund their accounts.
KuCoin also has a vibrant P2P market for conversions. This group is full of crypto traders and forex who want to convert crypto to fiat quickly. Accepted currencies include USD, EUR, and CNY. CAD, AUD, and many others.
KuCoin's Margin trading platform was added to its platform in November 2019. This service allows traders to trade borrowed capital. KuCoin users provide funds to margin traders, allowing them leverage into positions. This trading method is suitable for both short and long positions.
Borrowing funds can help increase profits and lead to larger losses than the original investment.
At the time of writing, trading cryptocurrencies on KuCoin margin accounts are limited to 15 coins with a maximum leverage of 10x.
KuCoin allows you to trade the cryptocurrencies of choice with leverage up to x100. They charge a 0.1% transaction fee, making them one of the most competitive platforms in the crypto market.
KuCoin doesn't offer Fiat-to Crypto trading. Although you can't trade crypto-to-crypto, they offer the USDT stable currency. This stable coin can be traded in USD dollars.
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Crypto to Crypto Instant Exchange:
Do you want to invest in Hodl cryptocurrencies over the long term? KuCoin's Instant Currency Exchange Tool makes it easy to convert your crypto balance to another currency.
This feature is great for beginners who want to be exposed to cryptocurrencies without trading.
You can also make money using the KuCoin platform by lending crypto to traders looking to do margin trading. You will receive an average daily interest rate of 0.124% in return.
KuCoin's trading bot is free to its users. This bot will take your instructions on which trades you want to make and execute those trades automatically.
You can also copy configurations of successful bots that traders have created on this platform. You can make incredible returns even if you don't know about the crypto market.