Invest at your own risk!
No Result
View All Result
Advertise
Submit a Press Release
Contact Us
Coindoo
  • Cryptocurrency News
    • All
    • Bitcoin News
    • Cardano News
    • Ethereum News
    • IOTA News
    • Litecoin News
    • Ripple News
    • TRON News
    PrimeXBT

    PrimeXBT Lead Analyst Kim Chua: The Cause of BTC Supply Crisis and Why It Will Get Worse

    XRP price prediction

    Ripple (XRP) Price Prediction and Analysis in January 2021

    PayPal

    PayPal Plans to Perform Crypto Transactions | Will It Get Bitcoin to $15.000?

    Sports News Apps

    The Best Classic Sports News Apps to Keep You Up-To-Date

    wire act

    What the Wire Act Means for Cryptocurrency

    cryptocurrency apps

    Cryptocurrency Apps Every Trader Should Have in 2020

    Trending Tags

    • ethereum
    • ripple
    • Tron
    • bitcoin
  • Analyzes & Reviews
  • Guides & Tutorials
    casinos

    How Cryptocurrency Is Making Casinos Safer?

    Ethereum

    How to Invest in Ethereum (ETH) Futures – Ultimate Guide for Beginners

    Bitcoin casinos

    Most Common Coins Used to Play at Bitcoin Casinos

    crypto casinos

    Was 2020 the Year of Crypto Casinos?

  • Events
No Result
View All Result
Coindoo
No Result
View All Result
Home Blockchain Analyzes & Reviews

Binance vs KuCoin: Crypto Exchange Comparison 2019

Vladimir C. by Vladimir C.
February 6, 2019
in Blockchain Analyzes & Reviews

Nowadays, it’s easier than ever before to buy and sell digital assets thanks to the plethora of cryptocurrency exchanges out there. Binance and KuCoin are definitely some of the most popular services of this type within the cryptosphere, and for a good reason.

Both exchanges have various features and enough advantages to make them stand out as some of the best within the industry. They are both user-friendly, both have support for a broad spectrum of cryptocurrencies, relatively low fees, strong security features, and pretty decent customer service.

A Bit of Background on both Exchanges

Interestingly enough, both crypto exchanges originated in China. However, after the government’s crackdown on cryptocurrencies of all sort, both of them relocated to Hong Kong. Since then, both have seen impressive growth in popularity and trading volumes.

After the move, Binance was forced to temporarily hold off new sign-ups because the servers were overloaded. KuCoin had to work a bit more on achieving its popularity status and has launched an affiliate program that encouraged users to get others to sign up for the exchange. The program proved to be so successful that they had to soon close it due to the overwhelming number of new members.

Invest at your own risk!

Fees

We’ll start our comparison with the fee systems. The similarities of these two exchanges don’t end here, as both of them charge 0,1% per transaction/per trade. The withdrawal fees depend on the individual asset you want to withdraw.

If you have KuCoin tokens, you can benefit from 50% off the fees on your transactions. Binance charges no deposit fees while its withdrawal fees, just like KuCoin’s case, vary based on the asset.

Supported Cryptocurrencies

The exchanges are pretty closely tied when it comes to supported cryptocurrencies, as both of them offer an impressive array of digital assets. At the time of this writing, KuCoin boasts 397 trading pairs, while Binance has a small advantage by offering 433.

It’s worth noting that both exchanges have their own crypto tokens. In the case of Binance, this is the Binance Coin (BNB), and in the case of KuCoin is KuCoin Shares (KCS).

Security

Security is usually one of the main selling points of any cryptocurrency exchange. KuCoin has strong security features and remains till this day hack-free. The service also offers two-factor authentication, and multiple other little features meant to keep you and your funds safe.

Binance rises to the level of its counterpart and also remains hack free, despite numerous attempts (especially phishing schemes). Just like KuCoin, Binance also provides two-factor authentication.

Customer Service

Both exchanges are known for offering far superior customer services than most of their counterparts. Binance employs a typical ticketing system, while KuCoin raises the bar with its 24-hour Telegram chat support.

Platform Support

Both platforms are easily accessible via any modern web browser. However, they also offer bespoke, user-friendly, and somewhat stylish mobile apps for both Android and iOS. In addition, Binance offers a desktop application, meant to improve both security and user-experience over its web-based version.

Final Thoughts

At this point, it’s quite clear that these exchanges have a lot in common. Therefore, picking a clear winner is not entirely possible. Both exchanges are popular, and both have their own faithful user base, plus they have very good security features and the fees are pretty similar. The exchanges boast support for all major crypto assets and offer support for web browsers as well as bespoke mobile apps.

The main difference between the two is the customer support area (where KuCoin leads with its 24-hour chat support vs the outdated ticketing support system employed by Binance). There’s yet another difference between the two: while KuCoin only supports limit orders, Binance offers far more diversity with limit orders, market orders, and stop-limit orders.

That said, choosing between the two comes down to personal taste and requirements. Nevertheless, whatever you choose, you can’t really go wrong, as both these services are very good examples of how a crypto exchange should look like.

Tags: binanceBinance vs KuCoinBNBcryptocurrency exchangecryptosphereKCSKuCoin
Vladimir C.

Vladimir C.

Related Posts

crypto

A Beginner’s Guide on Starting a Successful Crypto Exchange Business in 2021

by Lavinia C.
December 16, 2020
0

Cryptocurrencies are steadily outperforming traditional modes of payments. Digital currencies such as Bitcoin and Ethereum boomed in 2017, and if...

Exchase

Exchase.io: The Future of All-in-One Fintech Services

by Ionela C.
December 11, 2020
0

Exchase (Exchase OÜ) announced that it plans to build an all-in-one fintech solution that will bring the most popular fintech...

Rocketbit

With RocketBit You Will Take Your Crypto to the Next Level

by Ionela C.
October 12, 2020
0

The key thing you need to know about RocketBit is that it is a fast-growing platform for online cryptocurrency exchange...

cryptocurrency

5 Best Cryptocurrency Investments 2020

by Ionela C.
September 17, 2020
0

It is not difficult to see why investing in the cryptocurrency market has been so popular lately. However, many investors...

Lumi Wallet

Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website

by Ionela C.
August 7, 2020
0

Good news for those who want to upgrade their website with functional tools and features –  on August 5th, Lumi...

Load More

We Recommend

Top Rated Casinos
Bitstarz Casino

CryptoGames

1xBit Casino

Winz.io Casino

BitcoinCasino.io
Top Crypto Prices Provider
Crypto.com
Top Rated Exchanges
Crypto.com

Binance Exchange
Top DEFI Leaderboard
Crypto.com
Top Advertising Services
Coinzilla Display Network
Our Latest Reviews
coinbase review

Coinbase Exchange Review

Even if it has its flaws and controversies, Coinbase is a
Kraken exchange review

Kraken Exchange Review

The exchange is one of the most popular crypto trading platforms,
XRP.io wallet review

XRP.io Wallet

XRP.io provides a very easy to use and simple user experience.
View All Reviews
Invest at your own risk!

Editor's Choice

Blockchain Analyzes & Reviews

CoinRabbit Review: How to Profit From Hodling Your Crypto?

by Ionela C.
January 13, 2021
0

SwapSpace exchange aggregator

SwapSpace Exchange Aggregator Review: Supported Cryptos, Fees, Pros and Cons

trading

The Benefits of Cross-Chain Trading

August 28, 2020
Stratus

Stratus Redefining Social Media

August 24, 2020

5 Minutes of Blockchain & Cryptocurrency News!

We completely understand that your inbox is already full of junk emails. We promise that we gonna try to keep it clean by sending a daily newsletter with our latest news. You can always choose to unsubscribe to our newsletter if you're not satisfied.
coindoo icon
  • Contact Us
  • Advertise
  • RSS Feed
  • About Us
  • Partners
  • Terms & Conditions
  • Privacy Policy

© 2017-2020 Coindoo

The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

No Result
View All Result
  • Cryptocurrency News
  • Analyzes & Reviews
  • Guides & Tutorials
  • Events

© 2017-2019 Coindoo