Thursday 4 January 2018

Why Kucoin and Binance are best altcoin exchanges

Many Zimbabweans, like other Cryptocurrency investors are now into altcoin trading. Altcoins are more profitable than Bitcoin trade and they are cheap because most of these coins are still at developmental stage. To start trading you need to chose best exchanges like Binance and Kucoin.

 Binance 


Binance is a Chinese exchange and growing to challenge powerhouses like Bittrex and Coinbase. Recently, Binance overtook Bittrex in terms of traded volumes which is a sign that many investors are now choosing Binance over other exchanges. There are many advantages of using this exchange 

1. They have a user friendly mobile app for Android, iOS and a Windows PC client. Even if you can't download from play store or AppStore , they provide apk and api files for download out of the market 

2. High values implies a smooth and a profitable trade. 
3. You can start trading before ID verification and withdraw upto 2 BTC per day
4. Charts and Depth helps you to make decision when trading 
5. Mobile friendly order book 
6. Estimated value of your portfolio in USD and BTC terms 
7. Low fees when using BNB to trade alts 
8. Solid coins which are not pump and dump coins 
9. Support 

The only downsides I know is high withdrawal fee and not allowing fractions trading for many alts

Register Binance here 

Kucoin



Kucoin has own advantages over other exchanges 

1. No ID verification, just a 2FA to start trading and withdrawals 
2. Unique solid altcoins 
3. No pump and dumps 
4. User friendly mobile app
5. Support 
6 low trading fees when using KCS coin
7. Monthly dividends for holding KCS coin
8. Cheapest withdrawal fees 
9. News for new listings and updates 
10. Charts and Depth easily accessible 

Downside is ; a transaction needs 12 confirmations when depositing, which delays the process by at least 2 hours. 

You can register Kucoin here 


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