KuCoin published an announcement on its official website to share the news that it has officially completed the network upgrade of XEC, adding that services about deposit and withdrawal of eCash were now open for users.
It has brought jubilation among the users waiting for the gates to open. KuCoin is an exchange platform that enables a registered user to acquire cryptocurrency in return for a fiat currency. Users can deposit their fiat currency through bank transfers, credit cards, and other options.
The mission of KuCoin is to facilitate the global free flow of digital value backed by sophisticated security technology that is regularly updated by the team.
KuCoin was founded in 2017, with headquarters in Seychelles. KTC, the native token, fuels its community economy. Newer traders interested in joining KuCoin can find more information on this market-informed KuCoin exchange review.
More than 600 coins are listed on the platform to offer various options to choose from. Bitcoin is listed at KuCoin, and users can explore the list by creating an account. In writing, KuCoin has registered $800 billion in Accumulated Trading Volume.
The brand has a strong presence on social media platforms. It stays in touch with its followers and users to resolve their queries, share important updates, and connect traders with experienced investors.
KuCoin has published at least 1 million posts on its social media platforms. A list of investors has people from varied backgrounds to support 200 global communities operating the crypto exchange as a user.
A minimum of 200 countries keep a tab on information shared by KuCoin. Website and mobile application function 24/7, just like customer service. Supported languages are 19 in number, making it easier for people to trade with language as not a barrier.
The signup process starts by having a valid email address and phone number. These details need to be mentioned in the registration form and enter the verification code sent at the provided email address and contact number. KuCoin verifies that data mentioned by a new user is legit.
Enter a strong password when asked. Use numbers, characters, and symbols to gain a password with higher strength. Start trading on the best Singapore crypto exchange platform with a fund starting from $1. Products offered by KuCoin include Margin Trading, Spot Trading, KuCoin Earn, Futures Contracts or Derivatives ETF, and Crypto Lending, to mention a few.
Leverage the advantage of a lower transaction fee to convert a fiat currency to a digital asset. KuCoin accepts international currencies like USD, AUD, and EUR. The deposit fee depends on the bank, while the withdrawal fee depends on the cryptocurrency in the wallet.
Banks normally have a higher transaction fee than a crypto exchange platform. Users can enable 2-Factor Authentication on KuCoin to better safeguard their accounts. The site is SSL encrypted; however, an additional layer of security is always a huge plus.