Coinbase, Exchanges

Is KuCoin Better Than Coinbase?

As the world’s largest cryptocurrency exchange, Coinbase has been at the forefront of the digital asset industry since 2012. Based in San Francisco, Coinbase is available in 32 countries and provides a secure platform for buying, selling, transferring, and storing digital currency.

In September 2018, KuCoin, one of the world’s leading cryptocurrency exchanges, announced that it had secured $20 million in Series A funding, led by IDG Capital. This followed a $30 million Series B round in August 2018.

Based in Hong Kong, KuCoin provides a safe and secure platform for buying, selling, transferring, and storing digital currency. It is available in 140 countries and offers users a variety of features such as a mobile app, 24/7 customer support, and a referral program.

So, which exchange is better? Let’s take a closer look at Coinbase and KuCoin to see how they compare.

Security

When it comes to security, Coinbase is one of the most trusted exchanges in the industry. It stores 98% of customer funds offline in cold storage and uses 2-factor authentication (2FA) to help keep accounts safe.

In addition, Coinbase has implemented the New York Stock Exchange’s (NYSE) “Bats BZX Exchange” protocol to help further protect user funds.

KuCoin also has a strong focus on security. It stores 90% of customer funds offline in cold storage and uses 2FA to help keep accounts safe.

In addition, KuCoin employs an advanced risk management system that monitors activities on the platform 24/7 to identify suspicious behavior and prevent fraud.

Customer Support

Coinbase has a dedicated customer support team that is available 24/7 to answer questions and resolve issues. Customer support is available via email or live chat.

In addition, Coinbase has an extensive FAQ section on its website that covers a wide range of topics.

KuCoin also has a dedicated customer support team that is available 24/7 to answer questions and resolve issues.

In addition, KuCoin has an extensive FAQ section on its website that covers a wide range of topics. However, unlike Coinbase, KuCoin does not have phone support.

Fees

Coinbase charges fees for buying, selling, transferring, and storing digital currency. Fees are calculated based on the total transaction amount and range from 1.49% to 3.99%. There are no fees for making deposits into Coinbase wallets but there are fees for making withdrawals from Coinbase wallets to external wallets.

Fees for making withdrawals from Coinbase wallets to external wallets start at 0.15%. For more information on Coinbase fees, please visit: https://support.coinbase.com/customer/en/portal/articles/2109597-buy-sell-and-store-cryptocurrency#fees-and-limits.

Conclusion: Both Kucoin and Coinbase are trusted cryptocurrency exchanges with strong security measures in place to protect user funds. Both exchanges offer customer support 24/7 and have extensive FAQ sections on their websites.

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