KuCoin, known as "The People's Exchange," is a global cryptocurrency exchange serving over 30 million users across 200+ countries. It offers a comprehensive margin trading experience with competitive fees and a wide selection of altcoins for margin trading.
Pros & Cons
✅ Pros
- Wide altcoin selection for margin trading
- Competitive fees with KCS discounts
- Trading bot marketplace
- Lending market for passive income
- User-friendly interface
- KCS token holder benefits
- Good altcoin discovery platform
❌ Cons
- Experienced a security incident in 2020 (recovered)
- Lower leverage than some competitors
- Less liquidity on futures markets
- KYC now required in many regions
- Not available in USA
Fee Structure
Margin Tiers
| Tier | Max Position | Max Leverage | Maintenance Margin |
|---|---|---|---|
| 1 | $50,000 | 100x | 0.5% |
| 2 | $200,000 | 50x | 1.0% |
| 3 | $1,000,000 | 25x | 2.5% |
How to Sign Up for KuCoin
KuCoin FAQ
KuCoin offers margin trading on a wide range of altcoins that other exchanges don't support, combined with competitive fees and the ability to earn lending interest on unused margin assets.
In September 2020, KuCoin experienced a $280M security breach. However, 84% of funds were recovered, and all affected users were fully compensated. Security has been significantly enhanced since.
Yes, KuCoin has a lending market where you can lend your crypto to margin traders and earn interest. Rates vary by asset and demand.