As the excitement around cryptocurrency continues to increase, many are on the lookout for cryptocurrency exchanges that offer great features in support of crypto buying and trading. For non-US cryptocurrency traders, the KuCoin exchange offers one of the most dynamic suites of features out there, making it an ideal choice for those interested in buying crypto assets.
Coins Offered on KuCoin
To begin, it’s important to consider what coins KuCoin offers. The good news is that the exchange offers a wide range of some of the best coins out there, outperforming many similar exchanges in this regard. Cryptocurrencies on offer on KuCoin include but are not limited to:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- Binance Coin (BNB)
- Cardano (ADA)
- XRP (XRP)
- USD Coin (USDC)
- Dogecoin (DOGE)
An added plus? KuCoin offers a Spotlight section that highlights the latest and greatest in coins. Keeping an eye on this feature can help ensure that you get in early on some great crypto opportunities.
KuCoin Products and Services
In addition to standard spot trading, KuCoin offers a range of products that crypto fans can use to generate revenue. These range from beginner-level services to more advanced trading solutions.
KuCoin Earn offers users two ways in which to earn interest on their cryptocurrencies: via staking and lending.
Staking on the KuCoin exchange happens through a partner business called, Pool-X. This exchange provides one with liquidity for staked cryptocurrency. Think of this process the way you might think of earning dividends on stocks you have purchased. By tying up your coins through staking for a period of time, you can earn rewards, and staking crypto also helps the network remain secure via validation.
KuCoin Earn also lets you earn interest on your crypto through interest on loans. Interest rates vary based on which coin has been invested and how hot the demand for that coin is. The interest rates can outperform your standard IRL savings account, and KuCoin asserts that lenders always get repaid through collateral on the loan or from a margin insurance fund. Under ideal conditions, lenders could see earnings as high as 12 percent on average.
Staying online and on top of your crypto all day can be taxing. That’s why KuCoin developed trading bots in its mobile app. These bots can buy and sell your crypto automatically, relieving you of the task of watching the market all day.
Don’t have a huge surplus to risk in crypto? KuCoin has a unique product that allows users to leverage a smaller coffer into potentially bigger results— Lucky Raffling. This probability game functions much like a lottery. The more “Lucky Codes” a user has in the game, the better chance they have of winning a large prize.
One of the newest services on the platform, KuCoin Pool is a mining pool built on popular cryptocurrencies, including Bitcoin and Ethereum. It provides accurate hashrate data to ensure high mining income for experienced users. While scaling up, KuCoin has plans to make this the largest mining pool in the world, making this one-stop service platform a great solution for aspiring miners.