What is Kucoin and How to Register?
Table of Contents [Show]
In this article, we will explain about Kucoin and the problems they are facing now and how to register in Kucoin.
What are Kucoins? Kucoin is a Cryptocurrency exchange. They are included in one of the new exchanges, the name Kucoin is already familiar in the Crypto world. Kucoin also has their own coin called Kucoin Shares (KCS) just like Binance (BNB).
In October 2017, KCS just entered the Crypto world, and their coin price increased rapidly in January 2018, which can match one of the best exchanges, namely Binance. The price of KCS in late October 2017 was only $0.90 per coin, and it jumped rapidly to reach $20 in early January 2018. It is because of this that Kucoin can be called one of the exchanges that can beat Binance.
The difference between Kucoin and Indodax is that the target coins are listed and also that Kucoin does not trade with Fiat ($ or Rupiah). They only provide trading services for fellow Cryptocurrencies.
The target coins that Kucoin will list are coins that have just finished their Initial Coin Offering (ICO). They are famous for their likes to do competitions that give big prizes for the coins they just listed. It is this competition that gives the volume and price of coins a drastic increase.
How to register on Kucoin
1. Go to the Kucoin website
The Kucoin website is: https://www.kucoin.com/
Be careful with fake websites circulating. Always double-check the links you click.
2.Register Kucoin account
Please register by entering your desired email and password. After that, you go back into your email and verify the confirmation by clicking on the link sent by Kucoin to your email.
3.Register Authenticator Code
It is recommended to always register for Google 2 Step Authenticator for all the exchanges you use. This is done in order to reduce hack threats that can occur to your account.
After you follow the 3 methods above, then you can start depositing the Cryptocurrency you want. The following will explain how to deposit and withdraw correctly.
Deposits and Withdrawals in Kucoin
1. Deposit
Click assets, then click deposit and select what coin you want to deposit. Below will be an example for depositing from ETH. Click on ETH, see the address that appears on your screen.
Each account has a different address. You have to make sure you are sending the correct coin to the correct destination address. Never send BTC coins or other coins to an ETH address, and vice versa, never send ETH to a BTC address.
After you enter the ETH deposit address, wait a few moments for the coin to enter the exchange.
2. Withdrawals
The withdrawal method is not much different from the deposit method. Please click on assets then select withdrawal. After that a page like the one below will appear.
Choose the coin you want to send. After that enter your destination address.
0 Comments