PRESS RELEASE

Check Out KuCoin: The No.1 Altcoin Exchange Of 2022

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PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

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Feb 25, 2022

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KuCoin Exchange has supported over 630 projects with 1100+ trading pairs, officially naming it the home of crypto gems.

A number of promising projects like BLOK, CHMB, VR, KMA, and DAO had their primary listing on KuCoin Exchange, making it the number one exchange for altcoins.

Investing in Altcoins: Things to Consider

There are over 17,000 types of cryptocurrencies as of February 2022 and every cryptocurrency apart from Bitcoin is an altcoin.

Every day a new token is launched but all are not created equal. Some would last long, some would become irrelevant after a while, and the rest are, well, scam tokens to say the least.

So, how to understand whether your altcoin investment would hold? Before investing in a new crypto token here are a few factors to consider.

Dubbed as the People’s Exchange, the platform is home to niche coins that users would not

often find elsewhere, making it the first choice among altcoin enthusiasts. In this KuCoin

Exchange 2022 review, we would explore the features that make the platform a pro-altcoin

exchange. But first—a foreword on the best practices while investing in altcoins.

  • Conduct a SWOT Analysis

A SWOT analysis involves assessing the strengths, weaknesses, opportunities, and threats of a project. A crypto token without a solid project supporting it is no better than an empty vessel.

If there is a project behind it, make sure it is substantiated by a Gitpaper or a whitepaper.

Understand how the associated token would empower the project and if it’s conducive to the project’s success. A good whitepaper would have a problem-solution angle.

Conduct your research and find out whether the asserted problems are genuine. Try to talk to the project owners and community.

The bottom line is, don’t buy a token on a whim just because a great deal of hype has been created around it. Take your time, assess the situation and then invest.

  • Start Small

This is the golden rule for any investment. Don’t invest more than what you can afford to lose. There’s literally nothing more to it!

  • Buy From a Trusted Platform

Most decentralized exchanges do not vet coins before listing them. So, if you buy an altcoin from an exchange that has probably not audited the token smart contract, there’s always a chance of losing your money.

KuCoin Exchange is one of the most secure platforms for buying altcoins as it runs a thorough compliance check before listing a new project token. So you will find only genuine projects here.

Reasons Why KuCoin Exchange is the Best Altcoin Exchange in 2022

Recently on 2nd February 2022, Ascent named KuCoin Exchange the best cryptocurrency app of 2022 for meeting industry standards in terms of fees, usability, customer satisfaction, and security features. How do these factors affect your altcoin investments? Let’s find out.

  • Trust and Security

KuCoin Spotlight is a platform that serves early-stage crypto projects and its initial token distribution. KuCoin Exchange users can participate in the early investment of their preferred projects through Spotlight, and gain profits.

KuCoin Exchange has launched 18 Spotlight projects. Many spotlight projects have proved their success with price surges in the historical data.

LUKSO increased by 187x and PDEX by 114x. CHMB, the last KuCoin Spotlight, achieved a 143x ATH ROI.

Burning Drop is another fair token distribution platform that has supported the token distribution of a wide range of blockchain start-ups so far, including HORD, TCP, LOCG, LNCHX, XCAD, etc. So far, the average ROI of projects that were listed through BurningDrop exceeds 7509%.

As far as security is concerned, before getting featured on BurningDrop, projects need to prove their authenticity and long-term commitment.

Their selling points should be unique and should exhibit large-scale adoption readiness among other things.

Before getting listed on Spotlight, projects go through compliance checks, use-case verification and a full-fledged audit.

By default, these tokens are opened to be traded on the platform right after the initial sale thus mitigating the risk of a pump and dump scam.

  • Easy on-ramping Crypto With Fiat

As of 2022, KuCoin Exchange supports multiple payment methods for fiat to crypto on-ramping including USD, EUR, AUD, INR, CAD, GBP, etc.

KuCoin Exchange supports 51 fiat currencies in total, having recently added 36 European countries.

KuCoin allows debit and credit card purchases via Visa, MasterCard, ApplePay, and SEPA. It has bank transfers as well as 20 different payment methods.

Users can pay with Debit, Credit, Visa, Mastercard, ApplePay card, and SEPA card.

  • Competitive Fees

Buying and selling crypto on KuCoin P2P is free of cost and depositing crypto incurs no fees. The trading fees are significantly low at 0.1% per transaction which can be further reduced by 20% if traders hold enough KCS, which is the native token of KuCoin Exchange.

KCS receives platform fees and distributes the fees among KCS holders as bonuses which can go up to 50% annually.

  • Social Trading

The KuCoin social trading platform was launched in October last year to facilitate large-scale crypto adoption.

Moving forward KuCoin Exchange is about to transform into the first and biggest crypto social trading platform of 2022.

The social trading platform is a go-to for traders looking for easy-to-obtain trusted crypto news feeds containing information on different token price moves, new altcoin listings, crypto news, trending coin, sector, portfolio, or topics, etc.

  • Top-notch Customer Service

KuCoin Exchange offers 24/7 customer support via live chat and online tickets on its help center.

The supporting staff are very responsive and patient and provide localized support across 9 local communities in Europe, SEA, and other regions.

Final Thoughts

Altcoins make up 40% of the total crypto market cap of USD 1.63 trillion. With Ethereum killers like Cardano and Solana and other coins disrupting the space, altcoin adopters will undoubtedly grow in number.

KuCoin eXCHANGE is in the center of this revolution gradually culminating from a cryptocurrency exchange to an incubator of promising Defi projects with platforms like Spotlight and BurningDrop acting as the forerunners.

KuCoin Labs, which is the investment and research department of the platform, introduced a $100 Million Fund to empower the DeFi ecosystem and metaverse projects.

For KuCoin Exchange users, this means early exposure to game-changing technologies. KuCoin’s official Twitter handle is the best place to get the latest information on project listings and participating in IEOs.

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PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

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