KuCoin: The Top Contender for Best Altcoin Exchange in 2023
Kucoin is a cryptocurrency exchange with six million users and various trading options including spot, margin, futures, P2P trading, lending, and staking. Its native token, Kucoin Shares (KCS), is an ERC-20 token that can be bought with just an email address. Kucoin offers low fees, a broad selection of cryptocurrencies, and advanced trading options. However, it is not licensed in the U.S., has limited payment methods, and poor customer service. Kucoin is highly secured and legit with a bug bounty program, but it may not be the best exchange for U.S. citizens. Compared to Binance, Kucoin has a more competitive fee structure for higher-tier users, while Binance is suitable for small traders and supports more altcoins.