KuCoin is a popular cryptocurrency exchange that offers more than 700 different currency pairings. This includes both well-known cryptocurrencies and emerging coins. It also offers users the chance to invest in new cryptocurrencies through Initial Coin Offerings, which allow users to buy the coins before they become widely available. This can result in higher profits for early investors.
In order to use KuCoin, users must first complete KYC verification. Once this is complete, they can use the P2P marketplace to purchase cryptocurrencies. Currently, KuCoin supports BTC, ETH, and USDT. They also have a feature called Fast Buy, which allows users to purchase crypto using their own currency. When completing transactions, be sure to review the confirmation page so that you can make sure that your transaction was successful.
Besides accepting cryptocurrencies, KuCoin also accepts stablecoins, like USDT. Users can deposit digital tokens into their accounts by scanning a QR code or by using their BTC wallet address. There are also multiple payment methods for depositing coins, including bank card, Apple Pay, and BTC Direct. After the transaction is complete, it takes around 10 minutes for the coins to credit their account.
Another security feature that makes KuCoin an excellent choice for traders is its ability to secure individual accounts. KuCoin works to maintain the highest security standards and encourages users to set up 2-factor authentication, a safety phrase, and trading password. Furthermore, users are encouraged to use segregated accounts and use whitelisted crypto addresses. This is a way to prevent hackers from stealing customer funds.