What is KuCoin?
KuCoin is a cryptocurrency exchange that offers a platform for users to buy, sell, and trade a wide range of cryptocurrencies. It is known for its extensive selection of altcoins and various trading features.
Who is the Founder?
KuCoin was founded by Michael Gan, Eric Don, Jack Zhu, and Johnny Lyu.
When Did It Start Operations?
KuCoin was established in September 2017 and began operations shortly thereafter.
Where Is It Based?
KuCoin is based in Seychelles.
In Which Countries Is It Banned?
KuCoin operates in many countries but faces restrictions in certain regions, including:
- United States: KuCoin has limited services for U.S. users and operates under specific regulatory constraints.
- China: Cryptocurrency exchanges are banned.
- Other Countries: Some countries may have regulations that limit access to KuCoin’s services.
What Is the Trading Fee?
KuCoin’s trading fees typically range from 0.1% for both maker and taker orders. Users can benefit from discounts by holding KuCoin Shares (KCS) and using them to pay for trading fees.
Is Margin Trading Available?
Yes, KuCoin offers margin trading, allowing users to trade with leverage. Users can borrow funds to increase their trading positions, enhancing potential returns but also increasing risk.
