Kucoin is one of the most important cryptocurrency exchanges worldwide, its platform has the features available in the major exchanges, offers great benefits, such as trading with the necessary tools, take loans in cryptocurrencies, block and hold funds in a cryptocurrency to make profits also known as staking, it is also noteworthy that it has its own cryptocurrency or token known as KuCoin Shares (KCS), Block and maintain funds in some crypto to make profits also known as staking, also noteworthy that it has its own cryptocurrency or token known as KuCoin Shares (KCS), bet on the purchase of cryptocurrencies speculating its value to futures, configure bots this is to make automatic trading and not one, 5 modalities are available, P2P operations to trade and exchange cryptocurrencies for fiat currencies and vice versa, KuCoin has one of the most extensive cryptocurrencies available of the best in the market, you can find new promising cryptocurrencies also called gems, two products are available for this as the spotlight and BurningDrop, maintains commissions to operate among the lowest, the prestigious Forbes magazine ranked it as one of the leading cryptocurrency exchange and many call it "the exchange of people", Earlier this year the company that evaluates financial products called The Ascent awarded him the prize as the best application of cryptocurrencies.
Kucoin was founded in 2013 and formally opened in 2017, it is headquartered in Hong Kong, it provides its services in more than 18 countries around the world with presence in South and Central America, Arab Emirates, India, Europe and Asian countries, this allows it to capture more than 10 million users, supports more than 51 fiat currencies, in this cryptocurrency exchange platform, you can find more than 617 cryptocurrencies and operate with more than 1156 pairs, high volume of capital which gives it a great liquidity, which is why it is among the 3 best and most reliable cryptocurrency exchange. Number one in total cryptocurrencies accepted and new crypto projects to invest in.
The above mentioned is not only a personal appreciation, for example, let's see the graph of the prestigious company CoinGecko.
Of course, to operate with Kucoin you must have a registered account, if you don't have one yet, here is my referral link so you can register very easily.
https://www.kucoin.com/ucenter/signup?rcode=r3UANN6
something important to comment is the benefits offered by the Kucoin platform when you sign up with the referral system ranging from discounts on commissions to direct bonuses, there are several benefits
First of all let's clarify, what is P2P? it is a product that KuCoin offers to buy or sell cryptocurrencies from person to person with Fiat currency, more than 25 fiat currencies. The main ones in the world, but to trade with anyone in the world there must be coincidence in the currency to buy or sell and the method of payment.
Requirements to operate P2P trading in Kucoin
- You must have an account on the KuCoin platform.
- You must add at least one payment method to buy or sell, there are many available, such as PayPal, Zelle, ADVcash, AirTm, Payeer, Uphold, Perfect Money and Skill.
How to access Kucoin trading
Select to buy cryptocurrencies and then P2P
You will enter the screen to operate P2P
https://www.kucoin.com/otc/buy/USDT-USD
The options to buy or sell BTC, ETH and KCS are temporarily disabled by inventory, however in this guide I will take the digital dollar, I must emphasize that approximately 26 fiat currencies are available, I generally trade with the most used USD and Euros.
Before bidding I want to describe how to add a payment method, at least one must be configured to be able to operate in P2P, then we conclude with the purchase.
If you have not added a payment method, you can select buy any offer and the system will ask you to configure a payment method, let's see how is the process
Once you have entered your commercial code, you only need to add the payment method, previously I mentioned only a few, in my case I will select paypal, one of the most used ones.
We can now buy the USDT that you select according to the selected seller. To do this select the option buy
This is how easy it is to buy or sell using P2P, of course once you have added the payment method it will be much faster your transactions.
You can also apply to advertise cryptocurrencies for sale, of course they ask for requirements and prior approval.
Previously I did not know the existence of tools like this and in my beginnings I was a victim of many speculations when I tried to sell cryptocurrencies to obtain dollars needed for other purposes, I ended up paying many commissions and in the end I lost a good part of the value of the cryptocurrency to change, With the P2P I do not pay commission to the KuCoin platform and the operation is faster and safer, I no longer lose part of my assets when I change to fiat currency. For this reason I am convinced that this content will be very useful to many users, especially to beginners and in general to all those who, although they know of its existence, did not operate because they did not know how to operate.