https://ift.tt/kViFMxt KuCoin alternatives: top competitors and exchanges better than KuCoin

8 KuCoin alternatives: top competitors and exchanges better than KuCoin

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Intro


KuCoin Is one of the most popular exchanges in the crypto industry. This article will show the best KuCoin alternatives, so if you are looking to replace KuCoin with some other exchange, you are at the right place.

Best KuCoin alternatives


Binance


Established & high liquidity

8 KuCoin alternatives: top competitors and exchanges better than KuCoin

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Binance is widely considered the largest cryptocurrency exchange in the world. It was launched in July of 2017 and in a short period of time became the exchange with the largest trading volume with more than $1 billion on a daily basis.

More info +

How did Binance become so big so quickly? There are various reasons – low trading fees, professional attitude, the large number of cryptocurrencies supported by the platform, and friendly and transparent CEO. Some of the features available on Binance are Earn (locked and fixed savings, DeFi staking, and yield farming), Pool (join their mining and staking pools and earn rewards for keeping your chosen blockchains safe), Liquid swap, Liquidity pools, Automated trading bots, spot trading, futures and margin trading, and P2P trading.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.1%
⚑ Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
⚑ Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

Β  High liquidity
Β  It supports a large number of crypto assets
Β  Widely considered the largest crypto platform
Various advanced features and services
One of the lowest fees among top exchanges

Not available in the US
Not fully registered
Hacked in 2019

Uphold


Regulated & high liquidity

uphold exchanges

Uphold

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, GBP, EUR + more

Uphold is a crypto exchange that has been in the game since 2015. The headquarters of the company is in NY, the US. It offers its users a multi-functional exchange of different assets, other than just buying and selling cryptocurrencies.

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Uphold offers a beginner-friendly interface. The main focus (and the main differences compared to its competitors) is on trading directly between asset classes with fixed payments, offering a future where all users have access to financial services, thanks to Uphold’s unique β€œAnything-to-Anything” trading experience.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
Based on spreads
⚑ Service fees:
1% – 3%
⚑ Payment Methods:
Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc.
⚑ Supported fiat:
USD, GBP, EUR, and 15+ more

Β  Offers a beginner-friendly interface
Β  Various advanced features
Β  Unique β€œAnything-to-anything” trading service
Low fees
It is regulated by the US laws

Customer support can be better
Various trading limitations
A less organized educational section (compared to its competitors)

Coinbase


Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

Coinbase is one of the well-known, established, and trusted cryptocurrency exchanges. It was founded back in 2012, with its headquarters in San Francisco.

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Coinbase offers its services in over 100 different countries around the world and has more than 60 million registered users. It offers its users more than 100 cryptocurrencies to choose from. Additionally, well above 400 trading pairs are offered on the Coinbase exchange. Furthermore, there is also a mobile app that is supported on Android as well as IOS.

⚑ Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
⚑ Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
⚑ Trading fees:
Fees vary
⚑ Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer,
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

Β  An easy way for new users to purchase Bitcoin
Β  More than 100 cryptocurrencies to choose from
Β  A regulated and trustworthy company
High liquidity and purchasing limits

Confusing fee composition
Higher than usual fees

FTX


Trustworthy & high liquidity

8 KuCoin alternatives: top competitors and exchanges better than KuCoin

FTX

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, HKD, GBP, EUR, and more

FTX is one the most popular and biggest crypto exchanges – it is at the top15 in the world based on the daily trading volume. The main focus of the platform is crypto derivates and has a catchy mantra ”made by traders, for traders”.

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The exchange was launched back in 2019 so we can say it is still a new player in the crypto market. FTX is owned by FTX Trading LTD its headquarters are in Hong Kong, HK. FTX offers its users a lot of advanced trading features: perpetual futures, bitcoin options, MOVE contracts, spot trading, leveraged tokens, OTC desk, and oil futures.

Alameda research, the FTX team, and the list of partnerships are three major factors that provide stability and trustworthiness to the FTX exchange

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.01 – 0.07 %
⚑ Payment Methods:
Wire Transfer, SEPA, Credit Card, Silvergate Exchange Network (SEN), PayID, Signature SIGNET, and cryptocurrency
⚑ Supported fiat:
USD, HKD, GBP, EUR, AUD, SGD, CAD, ZAR, BRL, and CHF.

Β  Considered trustworthy
Β  Competitive fees
Β  A lot of advanced trading features

Not available in the US
Not so good for beginners

Phemex


Established & high liquidity

phemex logo

Phemex

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low (completely free with paid premium acc)
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – None

PhemexΒ cryptocurrency trading platform is named optimistically by the Greek Goddess of fame and good repute Pheme.

More info +

It is one of the newerΒ crypto derivative exchanges on the market. While everything around it looks and sounds appealing, Phemex still has things to prove.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0.0005 BTC
⚑ Trading fees:
0.025% – 0.075%
⚑ Payment Methods:
Only BTC
⚑ Supported fiat:
None

Β  No KYC process
Β  Quick transaction time
Β  Mobile apps for Android and iOS

US citizens aren’t allowed to trade
not battle-tested

ByBit


Trusted & high liquidity

8 KuCoin alternatives: top competitors and exchanges better than KuCoin

ByBit

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – None

Bybit is a somewhat late addition to the ever-growing suite of exchanges looking to provide cryptocurrency derivative trading services.

More info +

The platform came to be sometime in 2018 with its original headquarters being established in Singapore. Since then they’ve expanded their operations to additional offices in Hong Kong and Taiwan in an effort to support their growing user base of 100,000+ traders hailing from places such as North America, Europe, Russia, Japan, South Korea and Southeast Asia.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
-0.025% – 0.075%
⚑ Payment Methods:
Only crypto
⚑ Supported fiat:
None

Β  Up to 100x leverage
Β  No mandatory KYC
Β  Reduced risk of price manipulation and liquidations

No US citizens allowed
Limited number of supported coins

Kraken


Regulated & high liquidity

8 KuCoin alternatives: top competitors and exchanges better than KuCoin

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

If we are talking about the β€œbig three” in the crypto exchanges world, then Kraken definitely joins Coinbase and Binance to be a part of it.

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Kraken has millions of active users, international markets, and strategic investors on board. It was launched back in 2011 so it is one of the oldest crypto exchanges in the world. Headquarters are in San Francisco, California, U.S. The founder and the CEO of the company is Jesse Powell.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
⚑ Trading fees:
Maker: 0.16%Taker: 0.28%
⚑ Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
⚑ Supported fiat:
USD, EUR, GBP, JPY, CAD

Β  Available almost worldwide
Β  Longevity on the crypto market – highly respected exchange
Β  Over 90 cryptocurrencies
Advanced trading and staking services

Fees are fairly high compared to its main competitors
No derivates or futures trading

Cex.io


Regulated & high liquidity

8 KuCoin alternatives: top competitors and exchanges better than KuCoin

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Cex.io is one of the older centralized cryptocurrency exchanges that is still going strong, adding new coins and features to its trading platform every month. Founded in 2013, this exchange is one of the oldest Bitcoin exchanges. Cex.io is based in London, UK.

More info +

Today, Cex.io is available in more than 180 countries around the globe. It is registered with FinCEN, and it applies AML (anti-money laundering) and KYC (know your customer) policies. Cex.io supports fiat to crypto purchases, spot trading, margin trading, staking, leverage, lending, and savings.

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Regulated and licensed
Β  Over 4 million users worldwide
Β  Fast support
Various payment options

Just 4 fiat currencies are available
Extensive Verification Process

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FAQs


What is better than KuCoin❓

All exchanges mentioned in this article are valid alternatives to KuCoin. Coinbase stands out.

Is Kraken better than KuCoin❓

It depends on what you are looking for. KuCoin has more interesting features, for instance it supports landing and borrowing, while Kraken doesn’t.

Which is better KuCoin or Binance❓

Binance is more popular exchange than KuCoin since it has larger user base.

Is KuCoin banned in US❓

KuCoin does not have license for the US market.

Is Binance or KuCoin cheaper❓

Both Binance and KuCoin have low trading fees. However, with discounted rates based on the usage of their native tokens,Β Binance is lower at 0.075% vs KuCoin’s 0.08%.

The post 8 KuCoin alternatives: top competitors and exchanges better than KuCoin appeared first on CaptainAltcoin.

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