Another heavy hitter when it comes to the sheer amount of coins available, KuCoin provides access to a wide library of altcoins at low fees.
The platform is headquartered in Seychelles, with a growing number of users in Asia, Europe, the Middle East and Africa. While U.S. users can access and use the trading platform, KuCoin is not licensed in the U.S.
Pros:
- Broad selection of tradable cryptocurrencies.
- Competitive trading fees.
- Volume discounts on fees.
- Offers advanced features like margin trading and futures trading.
- Accepts credit cards and debit cards.
Cons:
- KuCoin is not licensed in the U.S.
- Funds kept on the platform are not insured.
- Suffered a major hacking incident in 2020.
