Binance vs. KuCoin: Which is BEST?! Complete Comparison!!

Coin Bureau published this video item, entitled “Binance vs. KuCoin: Which is BEST?! Complete Comparison!!” – below is their description.


0:00​ Intro

1:29 Who is Binance & Kucoin?

5:50 Security

9:38 Country & Coin Support

13:36 Deposits & Withdrawals

15:44 Trading Fees

19:27 Trading Interfaces

20:23 Customer Support

21:19 Other Features

23:58 Final Thoughts


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⛓️ 🔗 Useful Links 🔗 ⛓️

► Kucoin 10 million users:

► Where is Binance based:

► Binance agreement with Dubai:

► How Kucoin responded to hack:

► Binance deposit fees:

► Kucoin trading fees:

► Binance trading fees:


❓ Who is Binance & Kucoin?❓

Kucoin popped on the scene in 2017 – around the same time Binance did. The exchange is incorporated in the Seychelles. However, their main base of operations is in Singapore. Also, Kucoin recently passed the 10 million user mark, which makes it one of the largest crypto exchanges out there.

In terms of Binance it is not clear where exactly the headquartered. However, they do have offices and staff scattered around dozens of countries.

Being the largest crypto exchange means that you are the biggest target for regulators. Binance has unfortunately been in a little bit of regulatory trouble with China, Japan, Italy, Malaysia, Thailand, the Cayman islands, the United Kingdom to name a few. All that led to problems with withdrawals and Binance having to make sweeping changes to their Know Your Customer procedures.

🔒 Security 🔒

Neither exchange has a spotless record when it comes to hacks with each having had one major hack since they opened their doors to the public. In both cases, there were no users out of pocket in the end – what you want to see.

Both exchanges have advanced user account security features. I dive into more detail about that in my vid!

🌎 Country & Coin Support 🌎

Both exchanges haven’t made it easy to discern which countries are actually supported. I get into the countries where you can’t use these exchanges from within the video.

On the crypto support side of things, Kucoin has 580 crypto available whereas Binance gives you access to around 420!

💵 Deposits & Withdrawals 💵

Kucoin offers deposits via third party providers and they allow you to deposit using Visa, Mastercard and Apple Pay. However, fees are pretty damn high.

Binance supports a wide range of fiat currencies. However, the only way I would recommend depositing is via bank deposit. SEPA withdrawal fees on Binance cost a mere 80 cents and Faster payment withdrawals only set you back £1.50.

📊 Trading Fees 📊

Binance and Kucoin offer some of the cheapest trading fees out there. I’ve also been able to secure special deals for both.

📈 Trading Interfaces 📈

Both trading panels are some of the best you’ll find out there in the cryptoverse.

🎧 Customer Support 🎧

Binance is one of the only exchanges out there that actually offers a form of live chat. Yes, it might take a while for those support agents to get back to you – but it is a nice touch.

Kucoin on the other hand offers a support bot, which funnels you to support articles. If you cannot solve your problem you’ll be asked to fill in a form and the support team will get back to you over email.

🤔 Other Features 🤔

Both exchanges offer you a lot more features than just trading. Check out my vid to learn about the other cool stuff on offer over there!

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome

#Binance #KuCoin #Cryptocurrency #Exchange #Bitcoin

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In This Story: Binance

Binance is a cryptocurrency exchange which is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.

The company has launched various cryptocurrencies: Binance Coin (BNB), launched June 2017, and Binance Smart Chain (BSC), launched September 2020. Binance Smart Chain operates using “Proof of Staked Authority”, a combination of proof of stake and proof of authority.

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Italy is a republic in central Europe which forms a peninsula in the Mediterranean Sea as well as bordering France, Switzerland, Austria and Slovenia. The islands of Sardinia and Sicily form part of the main territory of Italy. Italy is part of the Eurozone, having entered the common currency on 1st January 1999.

The capital, Rome, is home to the Vatican as well as landmark art and ancient ruins. Other major cities include Florence, with Renaissance masterpieces such as Michelangelo’s “David” and Brunelleschi’s Duomo; Venice, the city of canals; and Milan, Italy’s fashion capital.

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Japan is an island country in East Asia located in the northwest Pacific Ocean. Part of the Pacific Ring of Fire, Japan comprises an archipelago of 6,852 islands covering 377,975 square kilometers (145,937 sq mi); the country’s five main islands, from north to south, are Hokkaido, Honshu, Shikoku, Kyushu, and Okinawa. Tokyo is Japan’s capital and largest city.

Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the most populous metropolitan area in the world, with more than 37.4 million residents.

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KCS is the native token of KuCoin, which was launched back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.

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Malaysia is a Southeast Asian country occupying parts of the Malay Peninsula and the island of Borneo. It’s known for its beaches, rainforests and mix of Malay, Chinese, Indian and European cultural influences. The capital, Kuala Lumpur, is home to colonial buildings, busy shopping districts such as Bukit Bintang and skyscrapers such as the iconic, 451m-tall Petronas Twin Towers. 

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The Seychelles is an archipelago of 115 islands in the Indian Ocean, off East Africa. It’s home to numerous beaches, coral reefs and nature reserves, as well as rare animals such as giant Aldabra tortoises. Mahé, a hub for visiting the other islands, is home to capital Victoria. It also has the mountain rainforests of Morne Seychellois National Park and beaches, including Beau Vallon and Anse Takamaka. 

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