KuCoin usually lists small-cap cryptocurrencies which have growth potential. Moreover, it has one of the most generous profit-sharing incentives, as those who hold KCS get up to 90% of the commissions.
Why KuCoin? Main Features and Advantages
By wagering coins on KuCoin is a way to generate passive income. The KCS token serves to pay trading fees and to participate in KuCoin Exchange token sales. The token serves also as a payment method in numerous applications such as gaming or even retail trading.
KuCoin offers Trading Bot that makes trading easier for users. Traders can enter certain trading parameters and let the bot take charge. It uses market information and analytics in order to analyze prices and forecasts. It also takes into account users’ preferences to place buy and sell orders when the price moves.
KuCoin Trading Bot offers long-term trading strategies as well, as users can set the bot to invest small amounts in specific time frames.
As human traders cannot keep up with the constantly changing market KuCoin will do it for them, for example when the user has to sleep and cannot keep track of market movements.
It also prevents the user from being driven by emotions. KuCoin results in a passive perspective on the cryptocurrency market while increasing potential profits. Users can have more time to do what they want at any given moment and have more freedom, knowing that their cryptocurrency portfolio is working for them.
Conclusion – is KuCoin any good?
In conclusion, KuCoin is an exchange platform that brings the difficult functionality of trading to the palm of your hand. It has a site that is quite simple, so beginners have no problems using it, and at the same time, it is so good and developed that more experienced investors have the opportunity to consistently earn an income.