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Topic: Time to choose Kucoin ??? - page 7. (Read 14012 times)

hero member
Activity: 1134
Merit: 515
May 11, 2019, 06:22:23 AM
#65
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??
Lol, what guarantee do you have that kucoin won't have same experience, just because the hackers haven't focus on kucoin yet doesn't mean they won't do it one day, and maybe this time they are going to do something even worse than what we see in binance, my advice to everyone in the crypto space is for them to be very careful with centralized exchanges and make sure not to leave their coins on this exchange for any reason because they might end up losing their funds to an hacker already working on stealing funds.
member
Activity: 644
Merit: 10
May 11, 2019, 05:51:43 AM
#64
I think kucoin shares is the proper token we buy now, with a low price of around $ 1, we can have the chance to get big profits if the market continues to improve as it is now.
member
Activity: 569
Merit: 10
May 11, 2019, 05:29:03 AM
#63
well kucoin is a good exchange, but how can you be sure that kucoin is more safest than binance?, It's proven that no matter how hard your security hackers can hack the exchange.

Agree, kucoin is a great exchange, the daily transaction volume above $ 30 million is certainly a good potential so I also invest Kucoin Shares as much as I can.
member
Activity: 630
Merit: 13
May 11, 2019, 05:01:40 AM
#62
all exchanger could be hacked anytime, so i think it depend on who is more smarters, the IT team of exchanger, or the hacker.
So the binance case can be a lesson for other exchanger to give more extra protection on their system.
full member
Activity: 1358
Merit: 100
May 11, 2019, 04:52:18 AM
#61
well kucoin is a good exchange, but how can you be sure that kucoin is more safest than binance?, It's proven that no matter how hard your security hackers can hack the exchange.
full member
Activity: 559
Merit: 102
May 11, 2019, 04:44:26 AM
#60
I've been trading on Kucoin And I must say that I'm impressed with their security. This doesn't mean it's better than Binance in all ramifications though. I also like the dividends I get from holding KCS even though the price is shitty right now. Kucoin recently added a FIAT gateway with VISA and that's a plus.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
May 11, 2019, 04:34:44 AM
#59
Kucoin is one of my favourite alternative exchanges and I love there service but leaving binance for kucoin doesn't make any sense ,binance is just better ,just view it like this and ask yourself what if the stolen 7000btc was stolen from kucoin what do you think will happen to kucoin now?
full member
Activity: 966
Merit: 100
Harmony for One and All
May 11, 2019, 04:03:37 AM
#58
Kucoin is a good exchange, i like it but it don't have such volume like Binance have. It is a good thing Kucoin was not hacked yet, but unfortunately we know every exchange can be hacked. I hope Kucoin will become attractive alternatives, but for now Binance is still most large and powerful exchange in spite of hacking.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
May 11, 2019, 02:25:42 AM
#57
for me it is safer to choose Bitcoin and save it in the cold wallet,
Coins and binance are not much different, both coin exchangers, the difference is the price and function.
the rest is not much different.
but if I have to choose which one is good, I choose KCS which is still cheap and holds it for future investment.
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
May 11, 2019, 02:22:51 AM
#56
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??

For me in my opinion all exchange are not safe, they have all risk once you get use their platform site. Meaning, this will depend on your belief and trust in the exchange dude. Since that We heard a bad news about in binance, it became an advantage to other exchange site to make other traders transfer their coins into KCS, and besides kucoin for me is one of the good exchange platform to be use too.

The problem is exchanges storing the funds.
Hackers would always find out some flaws to exploit for stealing the stored funds and the solution is not to store users coin by an exchange at all.
Though it may be a bit a time consuming process, the exchange should only match trades and just transfer it between user's cold wallet without storing anything on itself.
sr. member
Activity: 777
Merit: 251
May 11, 2019, 02:19:21 AM
#55
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??

For me in my opinion all exchange are not safe, they have all risk once you get use their platform site. Meaning, this will depend on your belief and trust in the exchange dude. Since that We heard a bad news about in binance, it became an advantage to other exchange site to make other traders transfer their coins into KCS, and besides kucoin for me is one of the good exchange platform to be use too.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
May 11, 2019, 01:10:05 AM
#54
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??

It's a good alternative, I am using Kucoin platform and I have not encountered any problem, they do give a share of their revenue, and that's really great, but about security, so far there has been no hacking incident, but they are very slow to add new coins, there are only a handful coins in their platform.
member
Activity: 882
Merit: 11
Volare.network
May 11, 2019, 12:23:23 AM
#53
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 good, this exchange can be an alternative to binance. but I prefer exchange Okex or Bittrex. they have almost the same quality as binance. Kucoin maybe good, but last year I got negative rumors about the exchange so I was more aware of it. so I rarely use it. I'm afraid this can be the same fate as binance.
sr. member
Activity: 1372
Merit: 322
May 11, 2019, 12:19:35 AM
#52
You can guarantee that binance doesn't slack when it comes to security, it just happens that the hacker is extremely skilled and has enough patience to execute his/her plan. With that said, Kucoin, like any other exchange will have some kind of security flaw that would only be revealed if it caught the attention of a skilled hacker. It really doesn't matter what you choose to use.
There is no exchange that is safe in this market and it can be attacked at any time if there is a major flaw from the development team of that exchange. I think raising security is necessary and we need to have insurance when participating in exchanges. I personally choose Binance as the top exchange because they have very good policies for investors. Also Kucoin is only my fourth choice because there are still many other exchanges better than Kucoin
As like I mentioned above, Kucoin is putting much effort to ensure better security for their customers whoch is why they have introduced several features on their Kucoin Version 2.0, I guess they will be huge in future.
sr. member
Activity: 700
Merit: 250
May 11, 2019, 12:06:40 AM
#51
You can guarantee that binance doesn't slack when it comes to security, it just happens that the hacker is extremely skilled and has enough patience to execute his/her plan. With that said, Kucoin, like any other exchange will have some kind of security flaw that would only be revealed if it caught the attention of a skilled hacker. It really doesn't matter what you choose to use.
There is no exchange that is safe in this market and it can be attacked at any time if there is a major flaw from the development team of that exchange. I think raising security is necessary and we need to have insurance when participating in exchanges. I personally choose Binance as the top exchange because they have very good policies for investors. Also Kucoin is only my fourth choice because there are still many other exchanges better than Kucoin
full member
Activity: 2100
Merit: 174
May 10, 2019, 11:57:21 PM
#50
You can guarantee that binance doesn't slack when it comes to security, it just happens that the hacker is extremely skilled and has enough patience to execute his/her plan. With that said, Kucoin, like any other exchange will have some kind of security flaw that would only be revealed if it caught the attention of a skilled hacker. It really doesn't matter what you choose to use.
full member
Activity: 874
Merit: 125
May 10, 2019, 11:56:26 PM
#49
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??

Yes, binance did failed to secure the information of their user causing loss to the exchange and hassles for the users.
But dumping binance completely and moving to another exchange is not a solution.
Traders should diversify their trade and be involved in a number of exchanges to secure their investments.
sr. member
Activity: 1372
Merit: 322
May 10, 2019, 11:27:40 PM
#48
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 have way better security tools. You will have 2 different accounts on that exchange. Trade balance and overall asset. If you want to transfer from ome to another, you will be required to give an 6 digits pincode. I guess it's a good way to avoid any kind of issue like this. Kucoin is a rapidly growing exchange and I think they will soon be on the top of all.
sr. member
Activity: 1050
Merit: 254
May 10, 2019, 11:27:22 PM
#47
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??
Nope, i still trust binance. I know binance just got hacked a few day ago but at least they have responsible and not run. Here is the recent update from binance https://www.binance.com/en/blog/333497959022997504/Binance-Security-Incident-Update. This hacked tragedy will makes binance security more stronger than before.
hero member
Activity: 2520
Merit: 952
May 10, 2019, 11:22:17 PM
#46
You need to keep in mind that only about 2% of all funds were taken away from Binance hot wallet, most of funds are safe and those users who lost their funds will be reimbursed.

Kucoin is also a good exchange but stop hitting on binance just because it got 'hacked'.
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