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Topic: Kucoin vs FTX...which one do you recommend? - page 3. (Read 630 times)

full member
Activity: 372
Merit: 100
CPLAY Network
December 31, 2021, 12:20:49 PM
#40
Kucoin and FTX have good features you can use both exchanges according to your requirements, Kucoin has supported almost all pairs and deposit withdrawals for many chains and trade without KCY and fast withdrawal as compared to FTX have required KYC for withdrawals and low fees for ETH and some networks no fees but not supported many networks.
Kucoin is not an exchange that requires KYC? I honestly have never used Kucoin but I am actively using FTX, and currently FTX has accepted many chain when withdrawing or depositing such as solana, tron, and erc.
full member
Activity: 1382
Merit: 105
December 31, 2021, 11:23:42 AM
#39
Kucoin and FTX have good features you can use both exchanges according to your requirements, Kucoin has supported almost all pairs and deposit withdrawals for many chains and trade without KCY and fast withdrawal as compared to FTX have required KYC for withdrawals and low fees for ETH and some networks no fees but not supported many networks.
hero member
Activity: 986
Merit: 516
December 31, 2021, 09:20:01 AM
#38
I think FTX is not as safe as Kucoin
lol
You are a newbie here. So it's normal to get some replies like this.
Kucon is the old exchange and they are big right now. People trust them and they have good volume. I am also a user of Kucoin but when you compare with FTX about safety. I would say, Ftx is also a great exchange. Did you check their total volume? CZ Binance is also like FTX exchange. I have seen, A lot of traders believe FTX exchange is the competitor of Binance(Where Binance is the world largest Crypto exchange)

I am using FTX exchange regularly and still, now I am fine with this. Their security system is very strong and what I know is: There is no hack occurring still now. If you don't want to use FTX, It's fine. But don't try to spread Rumors here.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
December 28, 2021, 05:59:48 AM
#37
Here, in fact, for what purpose will you enter these exchanges, in my opinion it is not very comfortable to trade altcoins paired with bitcoin on the cookie exchange, due to rather large withdrawal commissions from the exchange, I recently wanted to withdraw Sheba, so there was such a commission that I was already horrified.
hero member
Activity: 3052
Merit: 651
December 28, 2021, 05:42:38 AM
#36
I think FTX is not as safe as Kucoin
Trust rating, Kucoin is an old exchange so yeah, that will be my pick. It's in my second best exchange list because I never had a problem with them.
Regarding FTX, it's the first time I heard about it and that will be a problem because he is comparing it with one of the trusted exchange. It may have a better feature now because of being new but I'll stay with something I trust more to avoid future problems.
Binance is still my number 1 though as long as my altcoins are listed in it and also never had an issue about anything.
jr. member
Activity: 50
Merit: 3
December 28, 2021, 05:21:07 AM
#35
I think FTX is not as safe as Kucoin
jr. member
Activity: 152
Merit: 6
HODLer
December 28, 2021, 05:07:35 AM
#34
First, I've never used FTX so I can't really compare the two. However, I use Kucoin on a regular basis and have recommended them to friends for a long time now. Others have said fees are slightly lower on FTX and that might be true, but Kucoin has a solid name/reputation and is a very well established exchange. They also have some great bonuses (for holding KCS, referring people..etc) and from my experience (having been mostly a small Coinbase user before going to Kucoin), the fees are much better on Kucoin than on Coinbase. I can't say for sure that Kucoin is better than FTX because I've never used FTX, but I can say Kucoin is a great exchange and they are my personal preferred option.
hero member
Activity: 986
Merit: 516
December 28, 2021, 01:35:56 AM
#33
I never had issues with FTX. Some people complained in the past about outages during rapid market moves however I never had that issue with FTX. Whether using the app or site.

The withdraw options are great because you can get free withdraws pretty much. Which is very rare these days. So since they are letting you withdraw for free it means they value their customers instead of charging for withdraw fees. Gemini is another great exchange with free withdraws.
If I am not wrong, To get a free withdrawal service need to hold some FTT at FTX exchange. I am also using FTX exchange and most of the time I withdraw BTC from this exchange because of the Zero withdrawal fees. Ethereum withdrawal fees are also 50% less compared to other exchanges. 
I use this exchange, But android apps are not user-friendly to mine. So why do most of the time I like to use Binance or Kucoin exhcange?
legendary
Activity: 3808
Merit: 1723
December 26, 2021, 10:41:23 PM
#32
I never had issues with FTX. Some people complained in the past about outages during rapid market moves however I never had that issue with FTX. Whether using the app or site.

The withdraw options are great because you can get free withdraws pretty much. Which is very rare these days. So since they are letting you withdraw for free it means they value their customers instead of charging for withdraw fees. Gemini is another great exchange with free withdraws.
sr. member
Activity: 1694
Merit: 299
December 26, 2021, 03:53:46 PM
#31
Kucoin exchange has been around longer than FTX exchange; it was founded in 2017, whereas FTX came out last two years, which is 2019. As for the interface, they both look nice, although I would give it to Kucoin, because it not much clustered like FTX. But a nice interface is enough to make your decision, so I would go further to add that FTX beats Kucoin when it comes to both the Taker fees and the Maker fees, and also it charges lower withdrawal fees than Kucoin.

If you’re interested in advanced trading, FTX might be for you, because they offer forex, futures, leveraged tokens, and volatility products. So there is a lot on there. But their withdrawal for Non-KYC users is capped at $2000 which is quite small, compared to Kucoin.
hero member
Activity: 2114
Merit: 619
December 26, 2021, 02:14:47 PM
#30
And why?
If you are a versatile trader who likes to trade a lot of coins and find hidden gems to invest in, then Kucoin is a much better choice for you, Kucoin gives you tons of coins and some decent volumes in most of them, even though most of it is derived from AMM but anyways, FTX on the other hand, has limited coins but has very good volumes in all of them, primarily because they are just the top coins, moreover FTX brings a lot of derivatives for you, which is not the case in Kucoin. Even though all crypto exchanges have some allegations against them but if you would tell me to compare them, FTX has somewhat a better name & reputation for itself than Kucoin, but Kucoin is older than FTX so that sort of balances the game.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
December 26, 2021, 12:17:51 PM
#29
I like kucoin but kucoin kyc is not supported in our country and i usually Binance ,Mexc amd Ftx.
I  like Ku coin due to its daily Events amd Airdrops. They offer many events and their volume is very high. All best project listing here.
Ftx fee us very low and i use this for Etherium withdraw only.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 26, 2021, 04:13:10 AM
#28
I do not feel familiar with FTX but I am familiar with KuCoin. Both FTX and KuCoin are good exchanges so that you can register on both exchanges. As I see a reply about verification on FTX with applying a new policy, you need to verify your account in both exchanges. If you do not want to verify too much, you can use FTX but the withdrawal limit will not be too big as KuCoin. Each exchange will have advantages and disadvantages and that will depend on yourself, which exchange you can feel comfortable trading.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
December 26, 2021, 02:32:08 AM
#27
Both exchange are good for trading and investing your assets but I think Kucoin have many option as trading new altcoin exactly when listing primer altcoin can reach higher price more than 200%. I still use FTX just when to convert or need ETH for fee swap on Uniswap or try to sent ERC20 coin because withdrawing on  FTX as lower fees than other exchange market, better you use all exchange market because when have chance to buy coin before listing on one market you have chance at other exchange market.
sr. member
Activity: 2016
Merit: 283
December 26, 2021, 01:17:33 AM
#26
Both are good platform mate wherein it's up to you which do you preferred base on their features as well . for example if you like without kyc or which is more reliable and worth it to use in your country.. By the way if i were you make research instead because for sure it can help you to choose which is good for you.
hero member
Activity: 986
Merit: 516
December 25, 2021, 11:22:50 PM
#25
And why?
Most of the time I like to use kucoin. I am using Kucoin since the beginning of the Kucoin exchange and still, now everything is fine for me. Easy to use, Very user-friendly mobile app and strong security make Kucoin popular. I use Kucoin to trade most of the GEM. A lot of new altcoins get listed at Kucoin and as an altcoin trader, I like to use kucoin for this. They have overall good volume and liquidity. I also use kucoin to use the free robots, That is very easy to use and good for long-term investment.

I have also an account at FTX exchange, But I am not a heavy user of this exchange. I am holding a few FTX there and took the privilege of free BTC withdrawal. Whenever I need to withdraw BTC, I use FTX exchange because there is no charge for me to withdraw Bitcoin. I am holding a good amount of FTX coins for a long time. I strongly believe FTX coin will be like BNB coin and FTX is a good competitor of Binance also.
legendary
Activity: 2492
Merit: 1232
December 25, 2021, 06:12:32 PM
#24
Both of them are good and reputable exchange platforms but they had pros and cons to each other.

If you reside in the US, you can't use FTX it's better to switch to Kucoin.
If you want to use Wire transfer, Kucoinisn't supported but in FTX, you can.
And the last thing is if your purpose is trading, I will recommend using Kucoin because they had supported more or less 480 + coins, while on the other hand FTX, only supported 100 + coins which is surely the trading volume isn't good if you're a trader.

The comparison was stated above and I think OP now can decide which exchange is suitable to use.
full member
Activity: 728
Merit: 117
December 25, 2021, 05:59:14 PM
#23
Kucoin is exactly better for me personally because of it trust.
 But FTX is also a reputable exchange. Moreover fees that are offered in FTX and also the withdrawal minimum numbers are lower enough  lower than Kucoin.
I commonly use FTX if I need to get any gas fees to send to my walletm but for trading, I am using Kucoin.
Ensure that it is better to depend on your own habits and comfort in using each exchange. Additionally someone may still have higher lucks or chances to take profits in several exchanges.
sr. member
Activity: 2156
Merit: 323
December 25, 2021, 11:38:39 AM
#22
FTX:

  • Active since 2019 with fewer supported cryptocurrencies
  • FREE/withdrawals fees relatively low
  • No (or low level) KYC with Overall great reputation
  • Low Trading Volume

KuCoin:

  • Active since 2017 with a high number of supported cryptos
  • Far higher withdrawal limits
  • Apparently, Kucoin had hacked history pretty badly
  • High Trading Volume
sr. member
Activity: 2268
Merit: 275
December 25, 2021, 11:26:41 AM
#21
Personally I use both, to cover some pairs that are not available from either FTX or from KuCoin. To be honest, a lot of people have been avoiding Binance lately if they have started to be friendly with KYC rules which are quite layered. Both can use applications on mobile and if you refer to low costs of course FTX is the one I recommend the most. Use it according to your needs where there is a cheap method and cost, so that's the choice.
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