Topic: Time to choose Kucoin ??? - page 2. (Read 14030 times)
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...
It is very difficult to say that which exchange is safe or which exchange isn’t safe.Binance is a good exchange from beginning, though it has few problems recently. Kucoin is my favourite exchange and I use the exchange from more than two years.
Kukoin still has an iron reputation, even after refuting those rumors about a fictitious physical disposition, the exchange did not exactly lose the trust of its customers.
I don't think any exchange can guarantee 100% security, a lot of trust has been placed on binance and at the end it security was breached, the same thing can happen to kucoin.
A lot of fud has happened in the past time. However, Binance has been able to fix the problem by himself and not let it affect the user, which is what we should feel as a good exchange.
I don't think any exchange can guarantee 100% security, a lot of trust has been placed on binance and at the end it security was breached, the same thing can happen to kucoin.
A lot of fud has happened in the past time. However, Binance has been able to fix the problem by himself and not let it affect the user, which is what we should feel as a good exchange.
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??
There will be no exchange that will gonna prove that they are the safest. There are always an instances that these exchange is falling and breached by those who have their fraudulent minds, but what is important is that, how fast they can regain their reputation and that what matters the most on an exchange.
I don't think any exchange can guarantee 100% security, a lot of trust has been placed on binance and at the end it security was breached, the same thing can happen to kucoin.
the most important thing is that you should understand that if the exchange has a very good reputation as a Binance, users do not suffer. Binance giving reimbursement of all losses if they occurred due to the fault of the exchange 
I don't think any exchange can guarantee 100% security, a lot of trust has been placed on binance and at the end it security was breached, the same thing can happen to kucoin.
Everything never guarantees safe, even we keep crypto in the offline wallet also does not guarantee safe, the most important thing is that they always update regularly so that when hit by hack the customer data is not lost.
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??
Any exchange can be hack I still choose binance to store my funds because it has a safu even if they got hack they can easily restore the funds of each user and still binance operates like there is nothing happen for now they are on maintenace I hope they upgrade their system to prevent that kind of scenario of hacking but most of the traders are just calm even if the exchange git hack. 
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??
The truth is that Kucoin is also not the safest exchange and no exchange can come out to boost that its the safest in the crypto world. Its true that binance got hacked recently but mere looking for alternative is like a mirage because no exchange is safe from hack.
I don't think any exchange can guarantee 100% security, a lot of trust has been placed on binance and at the end it security was breached, the same thing can happen to kucoin.
I think there are a huge number of alternative exchanges, but none of the centralized exchanges can guarantee you the safety of your coins. If you want security, do not store cryptocurrency on the exchange or use the DEX platform.
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 great exchange to me but something i wonder why people hardly talks about it, the Kucoin shares alone is one aspect of this exchange that I wouldn't want people to miss at all
Whenever something bad happens with an exchange automatically rest of the available exchanges try to show them good to the cryptocurrency users and grab them towards their services. Kucoin is a good exchange, but compared to Binance it is a low volume exchange with good trading access. Importantly quite often it gives access for free trading without any fee to get more users.
I used to buy about 2 years and continued to buy Kucoin shares, now is the right time to buy because I'm sure Kucoinn will be like Binance, so buying now is a good way.
Whenever something bad happens with an exchange automatically rest of the available exchanges try to show them good to the cryptocurrency users and grab them towards their services. Kucoin is a good exchange, but compared to Binance it is a low volume exchange with good trading access. Importantly quite often it gives access for free trading without any fee to get more users.
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??
As long as people still trust Binance, I believe there's nothing to panic.
Their volume now is $1,822,797,298 USD - https://coinmarketcap.com/exchanges/binance/
While Kucoin's volume is only $42,141,847 USD - https://coinmarketcap.com/exchanges/kucoin/
so nothing really changed, kucoin cannot compete with Binance with their volume.
What I'm seeing is that Binance increased its volume, while Kucoin's volume decreased, if we will leave Binance, we should not leave for Kucoin, should be with a higher volume exchange that can compete with Binance.
kucoin too has a very great exchange and facilities, but to get the kind of volume Binance have that will make them meet up with Binance standard will really take a very long time and except Binance dies, which I don’t think anything can ever bring Binance down again, if the hacking FUD could not do any damage, what will ever do damage to them again?
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??
We’ve all known Binance to be one of the biggest, and if it can get hacked then KuCoin can likely face the same problem, unless they will learn from what has happened to Binance and try to tighten their security up. There are other good exchnages as well, and that includes the Coinbasethat we all know about. Coinbase is also safe and they offer a wallet apart from being an exchange and all other stuffs. If you talk about security, I will even prefer Coinbase. But the thing is, stop keeping your money in exchanges, except the ones you are trading with, in case such things happen. Nobody was expecting it to happen Binance, that’s the least I ever expected, but it still happened. So play your game wisely.
I’ve used Kucoin quite a few times as they quite often support the cryptocurrency that I am looking to buy or sell! My experience has always been positive and both deposits and withdrawals have been really quick and simple. I also like how you can access the markets through the Kucoin app! Anyway, I think it's still a better option to binance.
No exchange can not be completely safe because it is a computer product and it is made by people. I think that the Binance administration is connected with the loss of 7000 bitcoins. I can advise you a good exchange that has established itself as an excellent project during the bounty program. Try exchange Nauticus.
If you say they are connected to the loss, you are indirectly insinuating that Binance stole the fund from their wallet. I don’t see why they would do so to jeopardize their reputation, they make more than that and what they would gain since they are going to still refund the money. Moreover the only person that can do that would be the person hired to constantly be ensuring that the system is secured, so If anyone would hack the system, it would be the software engineer in charge which they would have easily known, but I guess the hacking was just as a result of the carelessness of the user they stole from.
I was shocked to hear that the binance exchange had been broken and more than 7000BTC was lost. I began to think after that incident, to move to another place. There is nothing wrong if I switch to using Kucoin for the future. And it looks like it will attract many people, because it offers a revenue sharing feature. Thank you.
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