The kucoin platform, is a Hong Kong-based company that was established in 2017.
It was founded by experts in the field of cryptocurrency trading.
It is a platform specialized in cryptocurrency trading.
This company managed to get a ranking among the top 20 platforms in this field in terms of daily trading value. Pros and Cons of the kucoin platform
Positives
_Easy to use compared to other platforms
It offers more protection than other platforms
Availability of a large number of cryptocurrencies that can be traded
Very little commission on trading and withdrawals
Negatives
_ The trading system is not available in Al-Amish
_Does not support deposits in dollars and euros
kucoin platform currency
The kucoin platform has launched its own new currency called kcs
When you use the kucoin platform and own some of this currency, you will get a 50% discount on trading fees, and you will also give a 20% discount on all exchange fees.
This platform offers ways to generate passive income which makes it stand out from the competition:
Platform trading bots:
Automated trading bots that trade for users even while they are sleeping.
The bot works automatically, trades for the user and makes profits without any interaction from the user, except for a few minutes at the beginning to adjust the bot’s settings.
Lending:
Kucoin lending
It is one of the great ways to achieve passive income provided by this platform, where the user can lend his coins that he owns to another user
The borrowing person must submit guarantees to the platform to pledge to return the currencies, so the platform guarantees the safety and security of your cryptocurrencies.
Staking:
A very effective way to get passive income depends on locking your cryptocurrency to secure the blockchain network and getting the benefits in return.
This method is distinguished from other platforms by its high leader, in addition to distributing many awards to users.
Awesome referral program
The kucoin platform gives a 40% profit rate on all trading commissions that people who signed up from your referral link have to pay.