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Complete overview of the Binance cryptocurrency exchange by Btcman 💲 Deposit and withdrawal details, fees, trading and staking opportunities, features, reviews, and safety

Binance

Binance Exchange ➤ Complete and Comprehensive Review by Btcman

What Is Kraken?
Kraken is a US-based cryptocurrency exchange where users can buy, sell and trade various assets with relatively low commissions. Clients can also earn rewards through coin staking. The exchange has a leading level euro volume and liquidity and allows users to trade over 100 crypto assets and 7 fiat currencies, including USD, CAD, EUR, GBP, JPY, CHF and AUD, on-the-go with a web platform and mobile apps.

Founded in 2011, it was one of the first few crypto exchanges offering spot trading, derivatives and index products. Today, the company offers numerous products and services, including but not limited to: spot trading, margin trading, futures, indices, stakings, OTC and an upcoming non-fungible token (NFT) marketplace. The exchange serves over 8 million traders and institutional clients, and is backed by Digital Currency Group, Blockchain Capital, Tribe Capital, Hummingbird Ventures and more.

Who Are the Kraken Founders?
The centralized exchange is owned by Payward Inc., founded by its CEO, crypto pioneer Jesse Powell.

Powell has been working with digital currencies since 2001. He graduated from California State University with a degree in Philosophy with a concentration in Ethics & Law, founded the Verge Gallery and Studio Project, created Internet Ventures & Holdings.

When Did Kraken Launch?
Kraken was founded in 2011 and launched in September 2013, offering Bitcoin, Litecoin and euro-denominated trades initially.

Where Is Kraken Located?
The company is based in San Francisco, California.

Kraken Restricted Countries
Kraken is available to all U.S. residents, except those living in New York and Washington. However, Kraken Futures are not available to all U.S. residents. Currently, the platform serves millions of customers in approximately 200 countries.

The company has several restrictions for the following countries: Afghanistan, Central African Republic, Congo-Brazzaville, Eritrea, Congo-Kinshasa, Guinea-Bissau, Cuba, Lebanon, Iran, Mali, Iraq, Namibia, Libya, Somalia, North Korea, South Sudan, Syria, Sudan, Tajikistan and Yemen.

What Coins Are Supported on Kraken?
More than 120 coins are supported on the platform, including BTC, ETH, LTC, XRP, ETC, ZEC, USDT and more.

How Much Are Kraken Fees?
Fees on the platform vary across different products, such as Instant Buy, Kraken Pro, Stablecoins, Margin, Futures and NFT. For the basic Instant Buy service, the company charges a fee of 0.9% for stablecoins and 1.5% for other crypto assets, on top of fees charged for different payment methods. For Kraken Pro, it uses a maker-taker fee model where maker fees range 0.00% to 0.16% and taker fees range from 0.10% to 0.26%, depending on how often a user trades each 30-day period.

Is It Possible To Use Leverage or Margin Trading on Kraken?
For advanced users, Kraken Pro offers margin and futures features. The platform offers up to 5X leverage. The maximum level of leverage depends on the currency pair.

Kraken

Complete overview of the Kraken cryptocurrency exchange by Btcman 💲 Deposit and withdrawal details, fees, trading and staking opportunities, features, reviews, and safety

Kraken Exchange ➤ Complete and Comprehensive Review by Btcman

What Is Huobi Global?
Huobi Global is an international digital asset exchange with a presence in over 100 countries. Founded in China in 2013, the platform works with global clients and provides trading and investment services to users around the world, handling over $4 billion in daily trading volume.

The centralized exchange (CEX) supports initial coin offering (ICO) tokens and offers an extensive list of cryptocurrencies, with over 500 assets and 300 trading pairs listed on the platform. An insurance policy is available for users to protect their assets, and there is also 24/7 access to several channels for contacting the support service.

The ecosystem includes spot trading, margin trading, futures trading, derivatives trading, staking, crypto loans and more. Active traders and investors have the opportunity to enter OTC trading platforms and gain access to custom trading instruments.

Who Are the Huobi Global Founders?
The exchange was created in 2013 by Leon Li in Beijing. Leon Li is the CEO who graduated from Tsinghua University in 2013 with a degree in Automation. Prior to Huobi Global, Li worked as a computer engineer at Oracle Corporation, one of the largest US-based software companies.

Where Is Huobi Global Located?
The company is based in Seychelles, with offices in Hong Kong, South Korea, Japan and the United States.

Huobi Global Restricted Countries
Users from the following countries are not allowed to access all services provided by Huobi Global: China, United States, Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Singapore and Crimea.

Derivatives trading is prohibited for users from these countries: Mainland China, Taiwan, Hong Kong, Israel, Iraq, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, Sevastopol, Spain, United Kingdom (retail users only) and New Zealand.

Users in Japan can access Huobi Japan, while the company has announced plans to re-enter the U.S. market.

What Coins Are Supported on Huobi Global?
More than 400 digital currencies and tokens are available on the exchange, including the most popular ones: BTC, DOGE, ETH, LTC, XMR, HT, HUSD, USDT.

As of August 2022, supported fiat currencies include ALL, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, MDL, MKD, NOK, PLN, RON, SEK, TRY, UAH, HKD, AUD and USD.

How Much Are Huobi Global Fees?
Huobi has a tiered fee structure, so trading fees depend on the monthly trading volume for each user. The platform charges a base maker and taker fee of 0.2%, the fee is reduced after the first $5 million of trading, and Huobi Token (HT) holders have a discount. For professional traders, the maker fee starts at 0.0362% and the taker fee starts at 0.0462%.

Is It Possible To Use Leverage or Margin Trading on Huobi Global?
Margin trading is available on the platform for various cryptocurrencies, which allows users to borrow funds to trade with leverage up to 3X for cross margin. Interest rates are calculated on an hourly basis.

Users can also trade crypto futures for Bitcoin and Ethereum contracts, with leverage of up to 200X.

Huobi Global

Complete overview of the Huobi cryptocurrency exchange by Btcman 💲 Deposit and withdrawal details, fees, trading and staking opportunities, features, reviews, and safety

Huobi Exchange ➤ Complete and Comprehensive Review by Btcman

What Is KuCoin?
KuCoin is a cryptocurrency exchange built with the mission to “facilitate the global free flow of digital value.” It claims to have an emphasis on intuitive design, simple registration process and high level of security. The platform supports futures trading, a built-in P2P exchange, the ability to purchase cryptocurrencies with a credit or debit card, and instant exchange services.

Also known as “people's exchange”, the platform facilitated 1.2 trillion in lifetime trading volume and supports over 20 million users worldwide. The company claims to offer technology-driven trading products and the KuCoin ecosystem, which encompasses the KuCoin community and is built around the KuCoin token (KCS).

Who Are the KuCoin Founders?
KuCoin was co-founded by Michael Gan, Eric Don, Top Lan, Kent Li, John Lee, Jack Zhu and Linda Lin. In 2013, Michael Gan and Eric Don wrote the first pieces of code for KuCoin in the cafe. Until 2020, Gan served as CEO, before Johnny Lyu took over as the current CEO.

Michael Gan graduated from Chengdu University (Computer Software Engineering) and started his path as a developer at MikeCRM, Youlin, and Missyi Inc. He worked with microservices, accumulated experience in DevOP and agile development. Gan was a technical expert at Ant Financial, developed financial solutions and was a senior partner at Kf5.com.

Eric Don graduated from the University of Electronic Science and Technology of China with a bachelor’s degree in Network Engineering. Prior to founding KuCoin, Eric had worked in the IT industry as a senior IT partner to YOULIN.COM, KITEME, and REINIOT.

When Did KuCoin Launch?
The exchange officially launched in August 2017.

Where Is KuCoin Located?
The company is international, headquartered in the Seychelles and offices in Hong Kong and Singapore, with more than 20 million users worldwide and a presence in over 200 countries.

KuCoin Restricted Countries
The platform provides services to countries such as Turkey, India, Japan, Canada, the UK, Singapore and many others. The project is not licensed to operate in the US, but traders and crypto investors have the option to register their accounts.

What Coins Are Supported on KuCoin?
The platform has a large number of trading pairs, it offers nearly 700 cryptocurrencies for buying, selling and trading, the list of the top coins includes BTC, ETH, USDT, BNB, ADA, XRP, USDC, DOGE, DOT, UNI and more.

How Much Are KuCoin Fees?
Fees are based on a tiered system depending on which “class” a token is classified under and a user’s ‘level’ — determined by their past 30-day spot trading volume and minimum KCS holding.

The system uses a maker-taker model with maker and taker fees from 0.10% for ‘Class A’ to 0.30% for ‘Class C’ for ‘Level 0’ traders. Levels range from 0 to 12. Users can receive a 20% discount if they pay using the KCS token.

For futures trading, maker fees range from 0.02% for ‘Level 0’ to ‘-0.015%’ for ‘Level 12’. Taker fees range from 0.06% to 0.03%. Deposit is free for all users, however withdrawal fees depend on the crypto asset.

Is It Possible To Use Leverage or Margin Trading on KuCoin?
Yes, users can use margin trading, futures or leveraged tokens, which allows them to use leverage. The maximum leverage available on KuCoin futures is 100x, but users need to pass KYC first. In isolated margin mode, the leverage is up to 10x and depends on the trading pair.

KuCoin

<h2>What is KuCoin?</h2>
KuCoin exchange is a digital asset platform that allows you to trade various cryptocurrencies, it is known for the numerous altcoins available for trading. Current KuCoin SEO Johnny Lyu is also a co-founder of the exchange, which was established in 2017. The exchange location of offices is going to expand to Hong Kong, Bangkok, Singapore, and Dubai, as the company stated in 2022. While the KuCoin headquarters are located in Mahe, Seychelles.&nbsp;
At the time of writing, the KuCoin crypto exchange ranks 4h in the overall rating of exchanges on Coingeco, and 37th in the cyber security rating. Assigned security level - A, the platform passes the Penetration Test, has Proof of Funds, and encourages the Bug Bounty program as the Coingecko says. The exchange funds are proven and publicly available on Coinmarketcap
<h2>KCS</h2>
KuCoin token (KCS), which stands for &ldquo;KuCoinShares&rdquo;, is the ecosystem token built on the Ethereum blockchain. It is aimed to provide benefits for the exchange users, power decentralized applications, and sponsor research and development of the KCS ecosystem. The initial supply of this ERC-20 token was 200,000,000 and was set to stabilize at 100,000,000, which is controlled by the burning mechanism relying on the exchange's overall revenue. 
KCS holders can reduce trading fees up to 80%, collect the daily reward earned from 50% of the exchange trading fee revenue by holding more than 6 KCS, and gain access to token sales on the launchpad platform. The underlying blockchain technology behind the KCS token powers up the ability of the exchange to create Web 3 applications such as the Halo crypto wallet, which is compatible with all DApps built on the Ethereum blockchain. The management foundation keeps the token decentralized, as it is governed by the exchange team, KCC GoDAO foundation, institutional investors, and the KCS holders.&nbsp;
<h2>Metrics&nbsp;</h2>
Trading volume - $310,000,000
Trust score - 10
Cybersecurity score - A
Financial reserves - $3,000,000,000
Monthly visits - 9,37&nbsp; Million
Supported currencies - 764
Trading pairs - 1349
*Data from Coingecko and Coinmarketcap&nbsp;
KuCoin is ranking 4th on Coingecko, achieving a TrustScore of 10. The exchange has an A rating for cyber security, passing the Penetration test, providing Proof of Funds, and encouraging the Bug Bounty program. KuCoin reserved assets are displayed in real-time on the rating platforms and the exchange Proof of Reserves page, audited in 2022 by Mazars, mostly in USDT (33%), KCS (17%), BTC (15%), and ETH (10%). 9,37M monthly visitors provide KuCoin daily volume at an average of $700,000,000 per day.&nbsp;
KuCoin crypto list counts 764 cryptocurrencies, which creates 1349 trading pairs. The list of coins available for trading is exceptional, making it a leader in altcoins trading between centralized exchanges. You can trade all those supported coins to the following stablecoins: USDT, TUSD, DAI, and USDC.&nbsp;
<h2>Deposit and withdrawal</h2>
You can purchase USDT with a bank card for more than 70 fiat currencies. The transaction fee will be deducted from the payment amount and displayed in the confirmation window. The KuCoin debit card fees depend on the payment processor that you choose, take note that there can be a card issuer fee that is not under the exchange's responsibility.&nbsp;
It is also allowed to buy and sell crypto to fiat currencies via Apple Pay, and Google Pay, SEPA payments, Wire. and ACH bank transfers. KuCoin transfer fees for deposit and withdrawal vary by the payment type and the channel, as there are no direct transfers to the exchange. You can choose between Simplex or Banxa while paying with a card, or use the Legend Trading payment operator to transfer money from KuCoin to bank account. You can also make a fiat withdrawal and deposit with the Peer to Peer market via the P2P providers and payment solutions like PAYEER, Advcash, Transfer Wise, AirTM, Perfect Money, Zelle, Uphold, Skrill, Rovulut,&nbsp; Cash App, and WebMoney.&nbsp;&nbsp;
<h3>KuCoin Deposit</h3>
KuCoin deposit limit is 150,000 USD per day for fiat deposits, 50,000 USD to buy crypto for fiat, and 100,000 USD via bank cards with a $5 minimum and $5,000 maximum per transaction. KuCoin deposit fees for fiat payments vary from 3% to 12% depending on the payment method, while crypto deposits are free of charge and have no limits. Deposit variations are numerous due to many payment partners providing their services to fulfill clients&rsquo; needs.&nbsp;
<h3>KuCoin Withdrawal</h3>
KuCoin withdrawal fees on the crypto transfers depend on the blockchain load and are paid by the exchange to validators of the network. While a withdrawal fee for a fiat transaction relies on the payment operator and varies from 3% to 12%. KuCoin withdrawal limit for fiat transfers per day is 150,000 USD, with a daily limitation of 50,000 USD for selling crypto for fiat. Fiat withdrawal and the equivalent of the 200 BTC in crypto, are only available for KYC-verified users, while the withdrawal limit without verification is 1 BTC per day without an option of withdrawal to bank account.&nbsp;
<h2>Trading opportunities</h2>
<ul>
<li style="font-weight: 400;" aria-level="1">Spot</li>
<li style="font-weight: 400;" aria-level="1">Futures&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Margin</li>
<li style="font-weight: 400;" aria-level="1">Leveraged tokens&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Trading bot&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">API&nbsp;</li>
</ul>
Trading opportunities of this exchange will satisfy almost all sophisticated trades, as it covers most of the trading needs. KuCoin leverage trading is available in two types - margin trading and leveraged tokens, where you can get up to 10X leverage on the first, and 4X on the second. KuCoin futures trading can give you up to 100X leveraged and can be settled in USDT, USDT, and cryptocurrency. KuCoin trading bot is a service for automated trading integrated into the exchange interface that can apply to the spot and futures markets. KuCoin API is designed for advanced users who want to connect their internal trading soft directly to the exchange database by bypassing the interface, there are spot and futures API options for trading.&nbsp;
<h3>Trading fees</h3>
KuCoin trading fees depend on the VIP status you can get by trading volume or KCS holdings and can be lowered by 20% by using KCS tokens as the fee payment. All the crypto coins on the exchange are separated into groups - A, B, and C, with individual fees for each group. The exchange is ready to pay for market-maker trades, which is why you can see the negative maker fees.&nbsp;
KuCoin maker taker fees for group A start with 0.1%/0.1% and can be lowered to -0.005%/0.025%, group B from 0.2%/0.2% to -0.005%/0.05%, and group C from 0.3%/0.3% to -0.005%/0.075%. KuCoin futures trading fees are starting from 0.02% for makers and 0.06% for takers and can be lowered to -0.015%/0.03% with no discount for using KCS tokens as a fee payment.&nbsp;
<h2>Is KuCoin safe?</h2>
KuCoin KYC is not mandatory for trading on this crypto exchange, but certain restrictions like withdrawal limits will apply without it. To increase security, the exchange uses the following security methods: two-factor verification via Google 2FA authenticator, IP whitelisting to prevent unauthorized access, cold storage to store customers&rsquo; assets offline, and regular security audits.&nbsp;
<h3>Hack</h3>
The KuCoin hack took its place in 2020 when the security breach resulted in a cryptocurrency loss worth $280 million. The hackers gained access to the exchange hot wallets to steal clients&rsquo; funds, which were partially recovered due to on-chain tracking and collaboration with other exchanges. The KuCoin hack refund has been paid to users in full, as the assets were insured. Since then the exchange has improved its security with new wallet architecture, a better risk-monitoring system, and an increased bug bounty program.&nbsp;
<h2>Terminal and mobile app</h2>
The terminal interface will be familiar to most users who previously have been using any other cryptocurrency exchanges. However, it could be difficult for beginners, as there is no simplified version. It works quickly, the graph is displayed without friezes. Convenient filters by sector, for example, De-Fi; NFT; Metaverse tokens are very easy to track. The KuCoin app is available for IOS and Android saving all the features available on the exchange website. KuCoin desktop application isn't available for downloading from the official website.&nbsp;
<h2>Features</h2>
<ul>
<li style="font-weight: 400;" aria-level="1">Staking</li>
<li style="font-weight: 400;" aria-level="1">Mining pool&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Cloud mining&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Lending&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Structured derivatives&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">IEO platform&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">NFT</li>
</ul>
KuCoin staking platform allows its users to earn additional income from Proof of Stake tokens mainly from the network fees gained for locking the assets into the blockchain. Staking rewards depend on the asset you stake and the staking product you choose, it can be Saving, Staking, or Promotions. Staking rates also rely on the terms and duration of the token lock, fixed and long staking will have higher APR, while flexible and short will bring less profits.&nbsp;
KuCoin mining pool is the exchange initiative to connect miners from all around the world, where you can commit your computing power to the public pool and earn guaranteed mining rewards. For now, it is only available to mine Bitcoin and Litcoin, but the exchange is planning to add more Proof of Work cryptocurrencies. Cloud mining on the other hand is a great opportunity to earn mining rewards without owning a mining machine. You can rent a hasrate from the cloud mining platform and profit in Bitcoin or Bitcoin Cash.&nbsp;
KuCoin lending allows you to loan your crypto to other users for profit, or you can borrow assets for specific terms and interest rates. You can choose between dozens of cryptocurrencies and lenders while setting up your own terms for a loan. Interest rates depend on the crypto asset and the duration of the loan, it can be 7, 14, or 28 days.&nbsp;
KuCoin Wealth is the service of structured derivative products, that allows to invest with fewer risks by using a combination of financial instruments, mainly options.&nbsp; With Protective Earn you can invest stablecoin into a crypto asset with an additional return, if the price of crypto stays the same as the initial or reaches Auto Take Profit - you will have your principal + return, if the price reaches the Protection Price - you will have the stablecoin converted into underlying assets + additional return in that asset.&nbsp; Twin Win is a highly leveraged product that allows you to profit if the price moves in any direction. You can bet on how much the price changes and get an increased income if the price movement is greater than or equal to your bet. If the price movement is less than what was indicated, you lose your investment. Convert Plus will help you to buy the crypto asset at a specific price with up to a 30% premium if the price stays in the defined range.&nbsp;
KuCoin Spotlight is the token launchpad platform that helps new crypto projects enter the market and investors get the allocation in token sales. The allocation system is based on lottery tickets, and the amount you can get is calculated based on your USDT, USDC, BTC, ETH, and KCS holdings. After the holding snapshot, you will get the lottery tickets that define your allocation size. Depending on the sale, you can buy new tokens with USDT or KCS.&nbsp;
KuCoin NFT services can offer a range of platforms for different purposes. Wonderland is the platform for launching NFT games and trading in-game items. KuCoin NFT marketplace Windvane is the decentralized platform for trading non-fungible tokens with low-entry level and advanced security.&nbsp; Fractional NFT is a service provided by the exchange that allows you to buy shares of blue-chip NFTs.&nbsp;
<h2>KuCoin review</h2>
KuCoin reviews on Trust Pilot have an overall rating of 1,5 out of 5 among 860 votes. Lots of negative comments about customer support. However, there is also many negative KuCoin exchange review regarding the problems of withdrawal and deposit transfers. The most complaints you can read about account restrictions which lead to fund freezes. For almost all of the 2023 year, there are negative thoughts about the exchange prevailing on the Trust Pilot.
<h2>Customer support and contacts</h2>
KuCoin support is available with the ticket request or via live chat on the website. Support email has been added to tackle technical issues, such as product bugs, security issues, or API connection errors. With no phone support available, you can find most of the answers by yourself in the Help Centre.&nbsp;
KuCoin support email (for technical issues): newapi@kucoin.plus&nbsp;
Facebook: <a href="https://www.facebook.com/KuCoinOfficial/">https://www.facebook.com/KuCoinOfficial/</a>&nbsp;
Twitter: <a href="https://twitter.com/KuCoinCom">https://twitter.com/KuCoinCom</a>&nbsp;
Telegram: <a href="https://t.me/Kucoin_Exchange">https://t.me/Kucoin_Exchange</a>&nbsp;
YouTube: <a href="https://www.youtube.com/c/KuCoinExchange">https://www.youtube.com/c/KuCoinExchange</a>&nbsp;
Discord: <a href="https://discord.gg/kucoinofficialserver">https://discord.gg/kucoinofficialserver</a>&nbsp;
Reddit: <a href="http://reddit.com/r/kucoin">http://reddit.com/r/kucoin</a>&nbsp;
LinkedIn: <a href="https://www.linkedin.com/company/kucoin/">https://www.linkedin.com/company/kucoin/</a>&nbsp;
Instagram: <a href="https://www.instagram.com/kucoinexchange">https://www.instagram.com/kucoinexchange</a>&nbsp;
<h2>KuCoin supported countries</h2>
The exchange officially supports more than 200 countries and you can use the exchange without KYC with certain restrictions, such as inability to trade fiat, in any country. However, citizens of some jurisdictions are not allowed full KYC verification. KuCoin restricted countries are the United States, Canada, Vietnam, South Korea, and China. This list also includes the OFAC countries - Iran, Iraq, Afghanistan, North Korea, Yemen, Syria, and Cuba.&nbsp;
<h2>Is KuCoin available in the US?</h2>
KuCoin exchange has no licenses in the USA, which makes it illegal to use for US citizens. Despite that it is available in US to register and use the exchange, KuCoin US customers can trade only crypto-to-crypto and withdraw crypto assets to other wallets. Many services such as fiat withdrawals are only available for verified users, while the KuCoin KYC verification isn't available in the USA.&nbsp;

Complete overview of the KuCoin cryptocurrency exchange by Btcman 💲 Deposit and withdrawal details, fees, trading and staking opportunities, features, reviews, and safety

KuCoin Exchange ➤ Complete and Comprehensive Review by Btcman

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