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Topic: Time to choose Kucoin ??? (Read 14030 times)

jr. member
Activity: 406
Merit: 5
I-CHAIN - The Revolution of Digital Advertising
September 03, 2019, 03:46:58 PM
What you guys think about binance alternative??
Well kucoin is definitely not the bsst alternative to binance. The trade volume on the exchange is low, most trades are practically made by bots and even the so called features they boast of are nothing close to what binance has continually offered to traders and investors alike.. It will be a long before binance looses its hold on the crypto space
legendary
Activity: 1722
Merit: 1014
September 03, 2019, 03:38:50 PM
Binance looks more safe im my opinion. But why choose one exchange? Use both, diversify your holdings, that's a good strategy. And not only these two exchanges, I would advise to use 3-5 of them at least.
copper member
Activity: 238
Merit: 0
September 03, 2019, 01:54:42 PM
Kucoin is doing strange things as well, I believe every single exchange that is active on the market is pretty shady, but what can we do about it? Binance was hacked several times, by they are managing things right, thats why I am still on Binance.
sr. member
Activity: 672
Merit: 254
September 03, 2019, 01:51:43 PM
The Binance and KuCoin exchanges are for me the main exchanges on which I trade. They are equally good at work. And the fact that one of them was hacked, absolutely nothing to say about the great reliability of the second, maybe it's just someone's flaw)
I also use these exchanges. But I don’t like that liquidity is very likely for many trading pairs on Kucoin. We need to increase the trading volumes on Kucoin.
member
Activity: 1274
Merit: 14
September 03, 2019, 01:32:38 PM
The Binance and KuCoin exchanges are for me the main exchanges on which I trade. They are equally good at work. And the fact that one of them was hacked, absolutely nothing to say about the great reliability of the second, maybe it's just someone's flaw)
full member
Activity: 339
Merit: 100
September 03, 2019, 12:45:56 PM
Yes, they have good trading fee and withdrawn fee, most secured platform, and the special is the dividend for KCS holders from trading fee.
But the problem with them is trading volume. Many trading pair have low volume, and too many bots. Hope they will improve it in the future.
legendary
Activity: 1344
Merit: 1001
September 03, 2019, 12:41:28 PM
The market will decide which will be the leading crypto exchange in volume. We don't need to speculate which is it. I'm sure every one of you wants liquidity and much volume. So far, Binance is still it.
The price fluctuations will lead ti the stronger competition among the best known exchanges and the liquidity gaps will be filled in case of the mass adoption. The ordinary investors don't take into consideration the liquidity problems and the fake volume assumptions which can be a trap for the smart crypto investors.
sr. member
Activity: 1456
Merit: 267
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September 03, 2019, 12:38:31 PM
As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??

Binance is the number one exchange that's why many traders and contributors want to list their tokens or coins in this exchange. In terms from the recent hack hackers attacked this big exchange because they know how huge money are involved. So what is the best thing to do? We need to always have a plan B. Once we meet up our target I suggest to full out your assets you have and store it in your safe wallet by that we can actually safe from the hackers.
Always practice to have a good backup plans, if you are a big player who deals with huge amount of investment it's good to keep your assets inside your own safe wallets is far better than keeping it from any exchanges, having the full access securing your investment should be the first thing to do, as  Kucoin or Binance are not safe to any possibility of being attack by those hackers around this industry.
full member
Activity: 784
Merit: 101
September 03, 2019, 12:38:28 PM
I remember a time when KCS price dropped to 1USD because someone saw that Kucoin offices are empty Cheesy. And now people are thinking about Kucoin as a new competition for Binance? Cheesy
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
September 03, 2019, 12:32:59 PM
The market will decide which will be the leading crypto exchange in volume. We don't need to speculate which is it. I'm sure every one of you wants liquidity and much volume. So far, Binance is still it.
jr. member
Activity: 168
Merit: 3
September 03, 2019, 12:32:50 PM
Binance also shares profit with BNB holders, they are regularly burning BNB in value what they earned during the year. Also I wouldnt say that Kucoin is safer than Binance.

Kucoin accrues dividends, the Binance does not. but so far the Binance has strong IEOs (except for the latter unfortunately)
hero member
Activity: 924
Merit: 500
September 03, 2019, 12:28:05 PM
Binance also shares profit with BNB holders, they are regularly burning BNB in value what they earned during the year. Also I wouldnt say that Kucoin is safer than Binance.
full member
Activity: 434
Merit: 104
September 03, 2019, 12:19:04 PM
As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??

Binance is the number one exchange that's why many traders and contributors want to list their tokens or coins in this exchange. In terms from the recent hack hackers attacked this big exchange because they know how huge money are involved. So what is the best thing to do? We need to always have a plan B. Once we meet up our target I suggest to full out your assets you have and store it in your safe wallet by that we can actually safe from the hackers.
hero member
Activity: 1190
Merit: 541
September 03, 2019, 11:00:11 AM
KuCoin exchange is also a good exchange and can be seen as an alternative to binance exchange.  I use KuCoin a lot but let's also know that the challenges faced by Binance can also happen to any exchange.
You are correct for using that word alternative and not replacement because that is exactly how it is. Binance is still the best and I see no reason why anyone should stop using binance and move over to Kucoin permanently because binance has so many features that even the trader must have been used to that kucoin does not have.  

Kucoin is also a great exchange and we can only use it sometime for coins that we don’t see on Binance but for coin that are on Binance, absolutely no need for replacement. One thing that attracts people to Binance most is their low fee and their security even though it was at one point compromised but they have a better security update now that can guarantee any investor or trader a safe environment for trading.
full member
Activity: 646
Merit: 100
tozex.io
September 02, 2019, 05:16:55 AM
KuCoin exchange is also a good exchange and can be seen as an alternative to binance exchange.  I use KuCoin a lot but let's also know that the challenges faced by Binance can also happen to any exchange.
full member
Activity: 925
Merit: 100
September 02, 2019, 02:20:06 AM
As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??
How many centralized exchanges have been hacked? How many came back stronger? You see, from the questions the evidence is clear that Binance is indeed a strong exchange which despite its hacking still came back and continued its activities. Despite its hack people are still using it and new projects are still going for IEO there. So I don't think there is anything wrong with trading in Binance exchange, but we should be careful of leaving funds there, not only Binance but all exchanges. Kucoin on the other hand is a good one too, including its revenue aspects etc, but in all ramifications it can't be compared to Binance.
member
Activity: 700
Merit: 10
September 02, 2019, 02:08:48 AM
As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??

Kucoin is a good exchanger but in my opinion Binance is still my first choice. Regarding the hacking incident, I think Binance has done a good thing by compensating for the loss of its customers and that in my opinion is not a problem anymore. When compared between KCS and BNB Coin, I think I would prefer BNB Coin because there is a product in the form of a DEX exchanger
copper member
Activity: 966
Merit: 14
September 02, 2019, 01:49:04 AM
As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??
All centralized exchanges aren't secured, that's the truth and Binance hack proved it. Also, what happened to Binance didn't in any slowed down or killed the exchange as seen in others, that is to show how solid the exchange is. However, Kucoin is a good exchange too and I have been using it for long, although it isn't fast and user-friendly like Binance, it's features are still good. Also, in both Kucoin and Binance, I don't keep my funds with them.
legendary
Activity: 3248
Merit: 1160
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September 02, 2019, 01:17:50 AM
So do you think Kucoin is the safest exchange? we never know how hard is the security in that exchange, but kucoin is good alternative I guess...
Kucoin may not be the safest, but this exchange was never been hack yet, therefore, even Binance is the biggest but they have weak system as they have been hacked once and those confidential information particularly the KYC information has been leaked lately.

Now, this is up to the traders, Binance still gained more trust now compared to Kucoin as seen in the ranking in https://coinmarketcap.com/rankings/exchanges/.

Actually there's a lot of exchange to choose from, don't just focus on limited number of exchanges, have some other alternatives, even if an exchange is small, it's alright as long as they have a strong internal control.
hero member
Activity: 1778
Merit: 746
September 02, 2019, 12:39:59 AM
so far, I feel that binance mash is very worth with their exchanger. but, still, kucoin also has very good potential until now. for now, I feel that both are still very worth, I will use one of them when I need an exchanger.

it is true that binance was attacked by hackers, but because they are quite professional, they show responsibility to their users. however it all depends on our choice. we just need to think that nothing is safe on the internet.
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