Topic: Time to choose Kucoin ??? - page 8. (Read 14012 times)
I think Kucoin will exist as long as the exchange is still active and after that, who knows what will happen TBH.
I talked about something similar with someone on this forum just recently. I have been using the Kucoin exchange for a long time and consider it one of the best.
Well, I do not think so. If Binance can be hacked, then it means no exchange is totally safe from hack, except there is one that has been able to put up an extra security measure.
Well, I do not think so. If Binance can be hacked, then it means no exchange is totally safe from hack, except there is one that has been able to put up an extra security measure.
Kucoin is great and I'm currently trading for my Telcoin tokens. And I would say it's a great exchange and one of the safest. Despite what happened to Binance it is still preferred by many traders and many are aware that it's not solely fault by Binance but the user's itself. Some users got their account compromised and the hackers withdraw all the funds and it showed some flaws in Binance withdrawal system. And never leave your assets in any exchanges.
I do agree with you and kucoin is also good exchange but the main reason why traders will stick to binance is the fact the binance exchange has the highest liquidity and volume that makes it the number one choice for traders.
On point! If we do just base on volume then theres no doubt that Binance do really have it but i doubt if they would able to retain such thing nowadays yet they do already have that security issue and for sure that trust would really be mainly affected.Some may jump out but for sure there are people who would retain. No exchangers
is completely safe thats why i cant say that i would choose up Kucoin over Binance.
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??
I do not see any reason to jump into an exchange that mimics Binance in all ramifications, from marketing to product offerings and operability. Plus, no exchange is unhackable. It is their ability to provide cover issuance to members against loss of funds that separates them all
Kucoin is good and for some time now, it has proved to be an exchange to reckon with per excellent. However, hacking does not respect all that and they can be the next victim. The best alternative to binance is the idea of never keep your investment or crypto assets on any exchange, simple.
Perhaps this will not be a bad decision, because after such a serious incident with Binance, many traders and investors will stop using Binance. But I do not think that Kucoin will also guarantee 100% security.
Yes, "Kucoin" can be a way to exchange other alternatives because in my opinion Kucoin is very safe for me with complete features, but Binance also has to deal with the hack so it cannot be hacked again but Binance will still be the best to exchange
Kucoin don't have good liquidity. It is not a bad exchange, but the trading volume is too low. If you only trade for a few dollars it is okay. Else, other exchanges are better.
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??
Liquidity on the kucoin is lower than that of binance. Seriously by a huge margin. It is definately a bad platform if you are looking at day trading.They have also started to list more and more number of shitcoins. It is definately bad for them in the long run.
Overall it's a good exchange 👍👍👍.
If big money is stored somewhere, there will always be people who will try to steal it! And no matter what exchange they are on.
Kucoin exchange is an interesting exchange, I personally like its functionality. It has a good level of security, a large selection of cryptocurrencies, a small commission and bonuses for KCS holders. It can be considered as an alternative.
Kucoin exchange is an interesting exchange, I personally like its functionality. It has a good level of security, a large selection of cryptocurrencies, a small commission and bonuses for KCS holders. It can be considered as an alternative.
Almost all the exchanges which have been best at a certain point of time have been compromised in one way at a time.
Hackers target exchanges which are best so that they can hack a bigger amount. So if Binance is hacked now and if people move to Kucoin then the next target for the hackers will be Kucoin.
So then what's the point of choosing Kucoin. As crypto enthusiasts we must know that storing large amount of crypto is a potential risk for us.
Instead of moving from exchange to exchange it's better if we start storing the coins on our wallets and only trade on exchanges when it is absolutely needed.
Hackers target exchanges which are best so that they can hack a bigger amount. So if Binance is hacked now and if people move to Kucoin then the next target for the hackers will be Kucoin.
So then what's the point of choosing Kucoin. As crypto enthusiasts we must know that storing large amount of crypto is a potential risk for us.
Instead of moving from exchange to exchange it's better if we start storing the coins on our wallets and only trade on exchanges when it is absolutely needed.
Kucoin is very good to use but is obvious people still not seeing the reason why Binance is one of the trusted exchanges worldwide. Binance as promised to return all stolen funds back in no time and nobody will be affected atall, for me nothing more is expected from Binance as will all know this can also happen to any other exchange.
Kucoin is one of my choice when it comes to exchange, they have a good security. If you are hesitant to use Binance, I think Kucoin is a good alternative choice. Though we can't say that Kucoin can't be hacked, but I think they will improve their security further after the news of Binance hacking incident.
Yes I think kucoin is a great choice now to be sincere. With its daily revenue sharing you can earn income daily. I am beginning to buy it's token slowly and holding them.
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 the market with the highest trading volume in the world, I often follow the IEO in kucoin, the price offered when the token listing in kucoin has such a big roi, I have been trading for a long time in kucoin
I also use Kucoin for longer time and always i have the coin stored safe their, not so much coins, and even when i have a problem support resolved, i sent in past a coin which has been forked at that time and when i sent it was dissappear from blockchain and after they solved and i got it.
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 also a good exchange platform
But it cannot stand as a direct alternative to binance,
No disrespect, but no centralized exchange is safe from hacks
Why not ? I think Kucoin is quite a good alternative to binance, as they have almost the same functionality and good reputation. The most important difference is a different set of traded altcoins. If it is not important for you to be able to trade all altcoins that binance have, then it may have a sense for you to start trading on Kucoin
As far as am concern, there is no any cryptocurrency exchange that is 100% secure and this is the one of the reason why it is very important for one to alway store his assets in a place that's he is the only one that has access to its private key. Another thing is that all these exchanges are not insured and this is very bad to hear seeing the huge money they are making.
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