If you have a Binance account, you’ll love a Kucoin account

Maggie N.
Coinmonks
3 min readSep 5, 2022

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Didn’t mean to go so hard with the title, but at least I got your attention…

Crypto is here to stay. And Binance continues to lead as the biggest crypto exchange in the world. From its diverse listing pairs to its wide variety of payment methods, Binance has revolutionized the crypto space.

But does it get better? Or can it?

Yes, it can, but with an alternative. An alternative like Kucoin that’s gradually taking ownership of the Altcoin space.

Indeed, a Binance account is a “must have”, but could a Kucoin account be of use to you? Hell Yes!!

Hence, I’ve come up with a few reasons why you just might need a Kucoin account more than you thought you did.

  1. KYC is optional- KYC can often be quite hectic. Sometimes you just want to get on a trade fast. (Because timing is everything when it comes to crypto). And to top it all up, if you’re a user from the US, you are actually not eligible for KYC. If you’re having trouble with KYC on a platform like Binance, a Kucoin account will be your best bet.

Ps: I’m not a fan of money laundering

2. Trading bots- Kucoin is big on trading bots. While Crypto Grid and TWAP bots are awesome on Binance, why not diversify with Kucoin’s trading bots? Kucoin offers free trading bots in spot grid, Futures Grid, Smart Rebalance, and Dollar Cost Averaging(DCA).

If you’re yet to explore trading bots, Kucoin could just be the platform to get you started with trading bots. And a DCA would be a good place to start.

3. IEOs (Initial Exchange Offering)- Kucoin never fails when it comes to IEOs. Through the Kucoin spotlight, participants are able to stake KCS (Kucoin’s utility token) giving users a chance to invest in a coin before it is listed for trading on Kucoin.

And guess what, taking a look back at previous projects on Kucoin spotlight indicates a good ROI for most coins.

4. Diverse Altcoin selection- Kucoin is known for its Altcoin diversity among most users. If you’re always looking for the next crypto gem, then Kucoin should be your ultimate choice. It is common for investors to look for new crypto gems in Kucoin, and invest in them before they are listed on other major exchanges.

5. Low trading fees- Kucoin has some pretty low trading fees at 0.1%. And holding some KCS tokens takes these trading fees to 0.08%.

And it even gets lower with my referral link getting it to a 0.06% low with a 20% off discount. Now that’s a great deal. Talk about a win-win!!

Conclusion

Binance remains to be a market leader in the Crypto exchange space, but it doesn’t hurt to diversify your investments. In fact, it’s for the better. And a Kucoin account gives you the ideal alternative to grow your crypto portfolio with a broader perspective.

Sign up to Kucoin>> (Get a 20% off and support my medium account; I’ll truly appreciate)

[Kucoin currently has a new promotion giving new users up to $500 in bonuses.]

Check out my other articles:

Buying the Dip: Top 10 Cryptos to buy now (2022)

Just what is an OCO order and how exactly does it work? (Kucoin)

Kucoin just listed new tokens (July and August)

New to trading? Try crypto trading bots or copy trading

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