Bakkt :$BKKT
- 23 April 2024
- https://bakkt.com/
KuCoin is a cryptocurrency exchange that aims to facilitate the global free flow of digital value. It focuses on intuitive design, easy registration, and advanced security features. The exchange offers futures trading, a built-in P2P exchange, the ability to buy cryptocurrencies with a credit or debit card, and instant exchange services.
KuCoin boasts of having facilitated $1.2 trillion in lifetime trading volume and having over 20 million users worldwide. The exchange, officially launched in 2017, is headquartered in Seychelles, with offices in Hong Kong and Singapore.
The exchange has a presence in over 200 countries and provides services to many regions but is not licensed to operate in the United States. KuCoin supports nearly 700 cryptocurrencies, including BTC, ETH, and BNB, and has a tiered fee system based on the "class" of the token being traded and the user's "level," which is determined by their past 30-day spot trading volume and minimum KCS holding.
The system uses a maker-taker model with maker and taker fees ranging from 0.10% to 0.30% for Class A to Class C tokens for Level 0 traders. Users can receive a 20% discount if they pay using the KCS token.
Additionally, KuCoin offers margin trading, futures, and leveraged tokens, with a maximum leverage of 100x for futures and up to 10x for isolated margin mode, depending on the trading pair. Users must pass KYC before using the leverage trading feature.
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