BINANCE VS KUCOIN EXCHANGE
What is Crypto Exchange
A crypto exchange is any Exchange that allows users to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money (example is Naira) or other digital currencies.
What are the feature in Binance Exchange
1. Binance allows Crypto to Crypto trading in over 600 coins and Token for the global trader and over 100 for US trader.
2. The trading fee that is charged on crypto trading on binance is quite small (0.10% on Spot
3. It has an interface of binance is very easy to navigate
4. Binance also uses Two Factor Authentication (2FA) for users safety
Binance offers spot, future and P2P Trading features. I can also stake or lend in Binance
What are the features in Kucoin exchange
A. It is an exchange that allows Spot, Futures, also p2p and some other features like Binance
B. Kucoin has a lesser charges (0.0125% to 0.01%).
C. Another good features of Kucoin exchange is that user get a discount on trading fee if user has a certain quantity of Kucoin token (KCS). The higher the KCS balance, the lower or lesser the Trading Fee.
From findings, Kucoin has a poor review from the users. example, some users complain of poor customer service, some have challenges with withdrawing & depositing into their account and some complaint of irregular market manipulations.
Source: Google.com
Conclusion:
From the little comparison between Binance exchange and Kucoin exchange above we can see that Binance still has a good edge over Kucoin in terms of user friendliness and security, also Binance has a higher overall score of 9.8, while Kucoin gathered an overall score of 9.4 from Users with this rating, Binance is still the best comparing to Kucoin exchange
