If you are new to cryptocurrency trading, you may be wondering what KuCoin is all about and how to get started with it. Unlike other exchanges, KuCoin allows new users to trade cryptocurrency instantly. There are a few simple steps to get started, including submitting a few basic documents. Once you have verified your identity, you can then withdraw your coins at a higher rate. Adding account verification also provides extra security.
One way to keep your cryptocurrency safe is by signing up for the KuCoin exchange. It uses multi-cluster security to keep your transactions and personal information secure. The exchange runs three primary servers and two backup servers, and uses several levels of encryption to protect your data. Some of the assets used for transactions are stored in Amazon Web Services’ cloud. Additionally, the software in each wallet is encrypted at multiple levels, and fixed assets are stored in cold storage. KuCoin has plans to buy back half of the volume of its coin in the future.
After you’ve opened your KuCoin account, you’ll need to choose a cryptocurrency. Select Bitcoin (BTC) or Ethereum (ETH). Click on the exchange you’d like to buy. If the exchange you’re looking for has a green light, that means that the bitcoin price in USD has risen. Click on Buy BTC or ETH, and enter your desired quantity. You can purchase any amount up to the value of your balance.