There are many platforms that crypto traders can use for their bitcoin exchange. Since the production of the first bitcoin in 2009, the crypto industry has evolved so much; now, there are thousands of coins with hundreds of crypto exchanges from which the user can choose. All of these crypto exchanges have their advantages and provide users with different features. There are also some limitations of these platforms, but if you are willing to find the best crypto trading platform, then there is no better option than the KuCoin, which provides the user with many valuable features.
There are many reasons to choose the KuCoin, and in this article, we will learn different points that will define why so many traders prefer the KuCoin as bitcoin exchange.
Why KuCoin?
Currently, one out of every three users of the United States is using the KuCoin for their trading and investment, which tells a lot about the popularity of KuCoin. There are many reasons to choose KuCoin as the crypto trading platform, the most important of which is high liquidity. There are many users on KuCoin, so there are instant exchanges, which adds to the platform’s value. Other than that, there are also many different reasons for that, and some of them are as follows:
Security
The best thing about the KuCoin is the security. Online fraud and scams are actual, and no platform is immune to that, but KuCoin has many security features that make it one of the safest platforms. The user can keep their coin in a separate wallet from the trading wallet, so they are extra secure. There is also the option of 2 step verification and limited IP access so no one can log into your account without your concern.
Real-Time Market Price
One of the essential things in the crypto exchange is the real-time market price. The crypto price can rise and fall in just a few minutes, and it is necessary to have an updated price. Making the decision based on outdated prices can lead to severe consequences. KuCoin provides real-time cryptocurrency prices that help the investor to make positive decisions.
Trading Bot
KuCoin provides the best features, and that also includes the trading bot. With the help of a trading bot, the investor and trader can make the best decisions at the right time. Now you do not have to sit in front of the screen all the time to make the sell and purchase at the right time, but you can engage the trading bot to do it on your behalf. These decisions are based on cryptocurrency bitcoin price, and the bots are programmed to make these decisions according to the investor’s choice.
Conclusion
Many features make the KuCoin one of the most competitive trading platforms. It provides the user with an easy-to-use interface and has many features such as security, cryptocurrency news, real-time market prices, and much more. More than that, it offers access to more than 500 coins, giving investors the authority to choose whatever they want.