Is Kucoin Safe? – Katoch Tubes

Decoding kucoin

Decoding kucoin

What is KuCoin?

KuCoin is a crypto exchange operational  in over 100 countries.  It provides a range of services like buying, selling, P2P, Margin, futures etc to the users

Brief History

Launched in 2017,  KuCoin was founded by Johnny Lyu. The company is headquartered at Seychelles. KuCoin is  not yet licensed in US.

SnapShot

1. Type: Exchange 2. HQ: Seychelles 3. Token: KCS 4. Supply: 200 mn Checkout its competitor -

Numbers don't lie

KuCoin had a meteoric growth since 2017. The platform has over 10 million crypto users &  400+ crypto assets to  trade in over  100 countries

KuCoin Token (KCS)

KuCoin Shares (KCS) is an ERC20 token of the exchange. It isn't securities but used to offer discounts & rewards to users like upto 90%  fee discount etc

KCS Staking

KCS token can be staked on the KuCoin platform under the earn section. The platform distributes daily rewards to the holders holding atleast 6 KCS.

Is Kucoin Safe?

KuCoin is a safe platform to trader crypto assets. However, it isn't licensed in US which makes it unattractive against Binance & Coinbase

Is KCS a good investment?

KCS is directly tied to the transactions on the KuCoin platform. It hit $28 in past and has the potential to reach $100  in the bull run.

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