Kucoin is a Hong-Kong based cryptocurrency exchange. The exchange provides one of the world most impressive trading pairs. With more than 300 trading pairs. The exchange also claims that they have the most reliable and most advanced API on the market.
Moreover, the exchange also has its own cryptocurrency called KuCoin Shares (KCS). All the holders of kucoin shares receive cryptocurrency dividends on a daily basis. In addition to that, the KUS exchange holder also receive exclusive promotion, different exiting offer, and rewards for the exchange.
Kucoin Exchange Model
The exchange provide a ‘flat’ fee model for both takers and makers instead of providing different fee for takers and makers. The crypto exchange provides a flat trading fee of 0.10% which is surely below the global industry average.
However there is always a confusion between the global industry averages. Most people take the global industry “average as 0.25%”. However many of the exchange in the crypto offers the same or competitive fee but they offer a high withdrawal fee and hit you there.
But not the same in the case of Kucoin charges a withdrawal fee of about 0.0005 BTC when you withdrawal BTC for the exchange, and coincidently this fee is also below the global industry average. And this makes a major advantage for choosing this exchange platform.
In terms of security KuCoin’s score D+ while performing a test at Observatory by Mozilla. Currently KuCoin market capital is $267,590,902,288 with the 24 trading volume of $79,875,478,151, whereas KuCoin market capital is $76,640,213 with the 24 hour trading volume of $9,458,055 and have a circulating supply of 81,250,284 and max supply of 171,250,284.