Crypto

KuCoin Referral Code: How to Get $100 USDT + 20% Off Trade Fees

KuCoin is a cryptocurrency exchange focused on emerging markets.

It allows users to trade more popular coins such as Bitcoin and Litecoin to lesser-known ones like Loom Network (LOOM). KuCoin gained a lot of popularity when it went fully decentralized in September of 2017.

As of then, the exchange’s transactions were not directly controlled by any organization, but rather by its users. Unlike centralized platforms like Binance, users trust that KuCoin is trustworthy and reliable.

KuCoin also allows customers to take part in bonus programs, similar to those on Bitcointalk forums. One such example is KuCoin’s referral program, use the referral bonus code “r3GTQ4K” to get up to 500 USDT as a Welcome Gift.

What To Look For In A Great Crypto Exchange?

For recent crypto enthusiasts, buying and selling cryptocurrencies at the best possible price has been a challenging task. Some exchanges have a slow or unintuitive user experience, while others are costly. As a result, many individuals don’t bother to look for an exchange they will be satisfied with. Nonetheless, finding an exchange that has the best combination of security and transaction fees should be a priority.

We have all been burned by the cryptocurrency market at one point or another, there is no shame in that. But if you want to be successful in this space long-term, you need to take your time to find an exchange that won’t do the same thing to you.

After countless hours of researching different exchanges and conducting a survey with other users who use them regularly, it became apparent that good exchanges share several common factors.

Each one of these factors is important in its way. By looking at each exchange’s strategy, we can determine which exchanges have the most potential to be successful in this space, long-term.

1. Security

Security is probably one of the essential factors that you should consider when attempting to find a new crypto exchange. In recent months, there have been some large-scale hacks on many different exchanges. These hacks have resulted in millions of dollars worth of crypto being stolen. Now, these are not things that ride under the radar all the time, but they are quite common. That is why security is so important to take into consideration when searching for an exchange.

The best security you can find is to use one that has cold storage for its private keys. Cold storage means that the private keys never leave your computer/phone/gaming device. Therefore, It is recommended to use hardware wallets like Ledger Nano S, because cold storage keeps your cryptocurrency safe from hacks or keylogging devices. You can also go with paper wallets if you want the absolute safest option possible.

The best exchanges also provide two-factor authentication for your account. Two-factor authentication is pretty simple. It just makes it so that you must enter your password AND a 6 to 8-digit number that the exchange texts to your phone after logging in. This ensures that if someone other than you tries to log in, they will not be able to do so.

2. Customer Support

This is a significant factor to take into consideration while searching for a new crypto exchange. Having good customer support makes the whole trading experience much easier because you can get help when you need it. The best way to find out how a crypto exchange handles customer support is to check out their reviews. Most exchanges have reviews on their website, so this is an easy place to start. You can also use Google to search for reviews of the exchange in question.

If you want an exchange that has good reviews for customer support, do not go with an exchange that responds in kind with you. This means that if you have a problem, the only thing they will respond with is a generic answer that does not address your issues adequately. This will lead to problems in the long run when dealing with the exchange’s customer support team.

3. Ease of Use

When it comes to cryptocurrency, most people are very tech-savvy. This means that most people who use crypto exchanges know what they are doing in the first place. However, some exchanges make using them very simple for anyone who visits their website or opens their app. The best exchanges are those that make using their platform as simple as possible.

If you want an exchange that is easy to use, look no further than Coinbase. Coinbase has the most user-friendly interface on the market today. It is easy to use, and it has excellent customer support.

You can also try out Binance if you want an exchange that is very easy to use. They have an interesting interface that makes it simple to trade between your favorite cryptos without having to jump through any hoops.

4. Price

The best exchanges are those that have the lowest prices. This is because low prices lead to less competition, which leads to higher profits for the exchange. So, the price you pay should not be an indicator of how good an exchange you are getting.

What Does KuCoin Offer As A Crypto Exchange?

KuCoin is an international cryptocurrency exchange with two major trading pairs, including Bitcoin/ETH and Tether/ETH. The exchange has experienced extensive growth in the number of traders and volume since it launched in September 2017 and achieved most of its volume by exchanging BTC for ETH.

To begin the process of trading on KuCoin, you’ll need to register an account with them by providing your email address, username, password, phone number, name, and country of residence within 60 seconds. After submitting this information via their website, you will need to verify your account by inputting your bank account information (a 3-page verification form). They allow only users from the US and Singapore with KYC verification, and they will register and verify your account within 24 hours. When your account is verified, you will begin to deposit funds into it.

The deposit process can be done with either a credit card or bank transfer. There are no fees for depositing fiat currency such as USD, EUR, GBP, etc., but there is a 1% fee for using credit card deposits. However, since credit card fees can be avoided if you withdraw money from your KuCoin balance in USD or Euros (or in most cases, any other currency), we recommend depositing in BTC to minimize the amount of money you would need to hold over in case of a market crash. The withdrawal procedure is the same as depositing; you’ll need to input your withdrawal address and the amount you want to withdraw.

One odd thing about KuCoin is that there’s no offering of a trading bot. This can be a big deal for beginner traders who often do their trading in the background and don’t want to constantly click and move their mouse always (if that’s even possible). Of course, there is a trading feature. But it doesn’t allow much automation when setting up your stop-loss levels. Instead, it offers more flexibility in setting up different indicators such as Bollinger Bands or Accumulation/Distribution lines. Finally, it does offer the ability to set up precise entry and exit points and an option to use a trailing stop loss.

Traders like KuCoin primarily because it has high liquidity and has multiple options for trading coins such as NEO, KCS, Tether, BCH, GAS, and even DASH. In addition to that, it’s not limited to trading BTC or ETH since many exchanges such as Bittrex don’t allow for trading of coins such as NEO or Walton Coin (WTC).

KuCoin offers a large selection of tradable tokens, including ERC-20 tokens and NEO, which makes it appealing to new traders simply looking for a place to trade their newly acquired cryptocurrency. We strongly believe that the KuCoin team is focused on improving their exchange and adding features that will entice traders to continue using it. The KuCoin team’s focus on customer service is something many companies in the cryptocurrency space don’t focus on.

KuCoin Exchange Fees

Kucoin offers low transaction fees for both makers and takers. There’s no deposit fee for any cryptos. Still, there is a relatively low withdrawal fee, especially when compared to other exchanges such as Bittrex, which charges $30 for each withdrawal (even if you’re withdrawing 1 cent).

Kucoin Trading Pairs And Markets

The exchange offers a total of 101 cryptocurrencies for trade. The most popular trading pairs include BTC/ETH, Tether/ETH, NEO/ETH, KCS/BTC, and KCS/ETH. However, KuCoin offers plenty of other exciting trading pairs, including the following: BCH/NEO, EOS/NEO, LTC/NEO, and WTC/NEO. There’s a total of 90 market listings for various tokens on the KuCoin platform. Some of these tokens include 0x (ZRX), Augur (REP), Populous (PPT), Power Ledger (POWR), and Civic Coin (CVC).

Main Features of KuCoin

KuCoin’s main selling point is the large selection of coins available for trading. The exchange features a very clean and simple UI that makes navigation easy for first-timers. For example, you can access the dashboard from the home page or the “Exchange” tab. The exchange also offers integration with the following wallets: MyEtherWallet, Mist (ETH), MetaMask (ETH), and imToken (TEST).

KuCoin offers a currency-to-token trading pair for each currency it supports, such as BTC/USDT and NEO/GAS. The exchange also provides a fiat-to-crypto trading pair, including USDT, BTC, Tether, and NEO.

The exchange offers a variety of trading tools that you can take advantage of when trading cryptocurrencies on the platform, including the following: margin trading, mini-margin trading, margin funding, escrow service. It also offers a ‘Markets’ section where you can access all the markets available for each currency. The needs are sorted by volume and by pairs. You can also use filters to see markets based on price or ranking or pair.

The order book is sorted in descending order by price, making it easier to find what you’re looking for regardless of how much activity is occurring. The order book can be accessed by clicking on the “Markets” tab and selecting the desired trading pair.

The exchange also offers an exciting service that many people will find appealing. For example, if you’re not familiar with the concept of coin staking, it allows you to earn dividends on coins just by holding them in your account. This will help you if you plan on holding onto coins for a more extended period. You can also earn additional income by staking more than one coin at a time (this will depend on the type of wallet you use). Finally, KuCoin offers interest rates on the following currencies: NEO, ETH, KCS, TEL, and LTC.

What Are The Cons Of The Kucoin Exchange?

  • KuCoin does not offer fiat deposits – You can’t buy coins on KuCoin with USD, EUR, or any other fiat currency. The only option is to buy coins on KuCoin with Bitcoin or Ethereum.
  • There are relatively few security features – There are two-factor authentication options for login and withdrawals, but no multi-signature support, which offers an extra level of protection for your funds.
  • No margin trading – If you’re looking for leverage trading, you won’t find it here.
  • No fiat currency withdrawals – You can only directly withdraw Bitcoin or Ethereum, which is slow and expensive.
  • Limited payment methods – KuCoin offers credit card withdrawals, but they are quite expensive. The best option is bank transfers, but these are slow and also expensive.
  • No support for most cryptocurrencies – Only Bitcoin and Ethereum are supported on the site’s order book right now, limiting the amount of cryptocurrency you can trade.
  • Relatively new exchange – KuCoin first launched in September 2017 and just started accepting fiat currency deposits.
  • User interface and design are not user-friendly – Although it might not seem like a big issue, this puts many people off the site.
  • No mobile app – This means you can’t even use the site on your mobile phone.
  • Limited security features – Even the two-factor authentication is just on their login page, not all of their pages.

What Are The Best Sign-Up Bonuses For Kucoin?

There are a lot of exchanges out there that are competing for your business. One way they can try to lure you in is with a large sign-up bonus. Here are three of the best sign-up bonuses currently available at KuCoin.

  • Use the referral bonus code “r3GTQ4K” to get up to 500 USDT as a Welcome Gift

The first is their referral program, where you can get a 25% commission on the trading fees your referrals make for a lifetime once they reach 3,000 KCS in trading volume.

The second is their KuCoin Shares (KCS) program which will give you 20% of all trading fees collected by KCOIN and redistributed evenly among token holders according to their holdings for life.

The third bonus is a hybrid one where you get an extra 10% compounding interest if you hold KuCoin Shares for a year.

If you have a KuCoin account, take some time to check out these bonuses and see if any of them might be what you’re looking for. Just have it in mind that the sign-up bonuses are subject to change at any time.

How Can I Get $100 USDT + 20% Off Kucoin?

This is how to get $100 USDT + 20% Off Trade Fees:

  1. Complete this form
  2. Follow our Twitter page
  3. Follow our Medium & Reddit pages
  4. Do your research on the coin you want to trade
  5. Sign up for KuCoin exchange (you will get a referral link)
  6. Refer your friends (if you sign up, use my code “r3GTQ4K” for up to 500 USDT)
  7. When they make a deposit, make sure to note down their ref code (invisible between screens) for your notes
  8. Go to your KuCoin account
  9. Click on “My portfolio.”
  10. Click on “Deposit.”
  11. Enter your deposit, click submit and wait for it to appear in your account under “Events.”
  12. Check your balance; you should see USDT is shown in the amount box
  13. Then click on “Borrow/Withdrawal.”
  14. Under the deposit row, click Add New
  15. Enter the ref code you noted down from step 7
  16. Select Share with friends
  17. Copy that referral link from step 5
  18. Go to the social media platform
  19. Share it out on Facebook, Twitter, telegram
  20. When your friend makes a deposit using your link
  21. You’ll get $100 USDT + 20% off-trade fees
Emmanuel O

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Emmanuel O

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