KuCoin is another good cryptocurrency exchange that you can consider after Binance. It’s a Singapore-based exchange that is known for its reliability, features, low-fee, and user-friendly interface.
The Kucoin exchange was founded in the year 2017 and thanks to the first Crypto Bull run at that time, it quickly became one of the most popular crypto trading exchanges in the world. As of writing this, Kucoin is currently ranked as a top 10 crypto exchange on CoinMarketCap based on traffic, liquidity, coin pairs, and volume of its Spot and Derivatives Market. If I tell you the user stats, Kucoin has already over 8 million registered users from 200+ countries and regions.
Kucoin Exchange Features
- A user interface that is beginner & experienced trader friendly
- Support for credit/debit card purchases & bank transfer payments
- KuCoin Staking allows you to earn rewards for holding coins and tokens on KuCoin.com
- Kucoin smart trading bot.
- Allow users from the USA and worldwide.
- High-level privacy, asset, and operational level security system based on bank standards.
- 24/7 customer support from many service teams with multilingual support
- KuCoin Futures allowing traders to trade contracts with up to 100x leverage
- A huge offering of more than 400 trading pairs
- A massive variety of over 200 global high-quality blockchain projects
- KuCoin accepts over 45 fiat currencies from all over the world, including USD, GBP, EUR, and CNY
- High liquidity order books with low spreads
- Access to a mobile trading app allowing users to trade from anywhere
- A margin platform allowing traders to trade crypto with up to 10x leverage
- Offline cold storage options in a secure wallet
- Lending platform to earn interest on your cryptocurrencies
- An affiliate program that rewards you for bringing more users to the platform.
What is the Kucoin Referral Code or Invite Code?
The Official KuCoin Referral Code is rJ8Y4M9 for a 40% trading fee bonus – use it during sign-up.
The rules around the Kucoin Referral program are explained here!
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%
The corresponding Referral Bonus will be received from the transaction fee, each time the invitee completes an order. Each referral will be effective for one year starting from the first completed order. KuCoin will issue the Referral Bonus every day. The Referral Bonus can be saved to your wallet with one simple click.
So, that’s it folks for today. Exchange today has reduced the signup bonuses and rewards as they’ve already got a great number of users. There was a time when a new exchange used to offer great bonuses for the new sign-ups. Anyway, something is better than nothing. I hope you’ve used the mentioned Kucoin referral code and grabbed your trading fee bonuses. Do share your Kucoin trading experience in the comments.
Use the referral code “rJ8Y4M9” (Without quotes).
Login to your Kucoin account on App or Website and click ‘Invite Friends’ to see your Kucoin referral code.
Even though many cryptocurrency exchange platforms have experienced security breaches before, KuCoin is one of the exchanges that has never been hacked.
Overall, KuCoin is one of the lowest-fee exchanges in terms of trading fees. It is safe to say that KuCoin’s biggest competitor is Binance, as both exchanges have similar competitive strategies. They charge almost equally low fees, though KuCoin Shares (KCS) offer some additional advantages.