What is KuCoin?
Kucoin is one of the many cryptocurrency exchanges available for those in search of a modern and secure platform to trade between cryptocurrencies.
It was founded by a group with a passion for the blockchain who had already built up strong reputations at industry giants, such as GF Securities, Ant Financial, Youling, Jianbang Communication, and iBOX PAY. Kucoin always aims to provide users with a safe and straightforward method of converting their currencies on a state-of-the-art platform.
Although it is a relatively new addition to the cryptocurrency exchange world, Kucoin’s team has already proven itself, and the exchange has gone off without a hitch since its launch. To put Kucoin’s youth into perspective, the research and development team was only assembled in May 2017. There was an Angel Investment in August, and V1.0 went live a few days later. Since then, the team has launched the Kucoin Bonus Plan, multiple additional currencies, and mobile apps for both Android and iOS.
While Kucoin itself is relatively young, the founding team has been conducting research related to blockchain technology since 2011 and the exchange platform’s technical architecture was achieved back in 2013. This provided the team with several years to iron out the details and deliver seamless service.
How to start
Registering to join Kucoin is as simple as you could expect it to be. Begin by entering your email and chosen password. From there, you will receive a verification email with further instructions.
Once you log into your Kucoin account, you can adjust the various settings, keep track of your assets, or manage your rewards, such as invitation bonuses and Kucoin bonuses. Traders agree that Kucoin is among the most straightforward exchanges to use, even for those who are new to the cryptocurrency world.
It is highly recommend you enable 2 factor authentication to add an extra layer of security to your account.
Kucoin has a very clean and modern layout throughout the website and this extends to the markets overview screen where you can see the available trading pairs and are able to choose between BTC, ETH, KCS, NEO & USDT.
Selecting a trading pair will then take you to the trading screen where you can view the usual candles, order book and can then buy or sell the selected currencies. When you first enter this screen you will be prompted for your Google Authenticator code before being able to trade, this can be a little annoying but does add an extra layer of security to the site.
Referral program
Invite your friend and get a referral bonus!
You will receive up to 20% referral bonus each time your friend completes an order.
Rules of the Referral Bonus Program
- The inviter will receive the corresponding Referral Bonus from the transaction fee, each time the invitee completes an order.
- Each referral will be effective for one year starting from your friend’s first completed order.
- Referral Bonus = Invitee’s transaction amount * Transaction fee rate * Referral Bonus rate based on the level of the invitee.
- Referral Bonus rate of A-level invitee: 20%
Referral Bonus rate of B-level invitee: 12%
Referral Bonus rate of C-level invitee: 8% - KuCoin will issue the Referral Bonus every two hours.
- Referral Bonus can be saved in your wallet with one simple click.
The rules of the Referral Bonus Program will apply in accordance with KuCoin official announcement. KuCoin reserves the right to the final interpretation of these terms and conditions.