Cryptoknowmics
2022-09-01 09:04:53

Can I Trade Crypto on Kucoin? Is KuCoin Legal to Trade in the US?

Thanks to the advent of blockchain technology, the decentralized digital assets termed cryptocurrency, are swiftly replacing the traditional financial market dominated by fiat currency. It has allured the people towards it due to its astounding potential to generate profit, without any restrictions of centralized regulatory authority. With advanced features and tools, several cryptocurrency exchanges have made trading easy for beginners and advanced crypto traders. One such emerging crypto exchange is KuCoin, which has caught the eyeballs recently and has also raised some questions regarding its authenticity and features. Continue reading this article to learn what KuCoin is, how to trade on KuCoin, whether it is legal in the U.S., and what are its trading features. What is KuCoin? Launched in 2017 by Michael and Eric KuCoin is a cryptocurrency exchange, initially based in China, but moved to Hong Kong and then Seychelles. It operates in over 200 countries and has over 20 million investors. Owing to its advanced trading features and unique interface, KuCoin has become an attractive choice for beginner and advanced crypto traders. With over 700 cryptocurrencies, it supports a wide variety of big as well as small-cap cryptocurrencies which have a higher potential to grow. In November 2018, KuCoin received A round of funding of $20 million (USD) from IDG Capital and Matrix Partners. In 2021 It was named one of the Best Crypto Exc...

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