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Guide From KuCoin About Technical Terms Every Crypto Trader Should Know

KuCoin is a cryptocurrency exchange based in Hong KongIt has been working starting around 2017 and is perhaps of the most famous trade in Asia. It has many highlights that make it stand out from other exchanges, including a high trading volume and the ability to trade cryptocurrencies across multiple platforms.

In this guide, we’ll take a look at some technical terms that you should know if you’re interested in trading on KuCoin. If you’re new to crypto trading, this guide will help you understand what these terms mean so that you can decide with knowledge when trading on KuCoin.

The Technical Term Every Crypto Trader Should Know

The technical term for KuCoin is KuCoin Shares (KCS). KCS is an ERC20 token that can be bought or sold on exchanges such as Binance and Bittrex.KuCoin Shares (KCS) is an exchange-based token of the KuCoin cryptocurrency exchange. KCS allows users to get discounts on trading fees, get higher withdrawal limits, and receive other benefits from the KuCoin exchange. Currently, KCS is used on more than 200 crypto exchanges to purchase crypto assets through the Binance exchange platform.

There are different types of KCS tokens, including (but not limited to) KCS 1-day hold, KCS 24-hour hold, KCS 3-day hold, KCS 7-day hold, KCS 30-day hold, and more.

KuCoin also provides users with advanced tools for technical analysis, allowing them to analyze charts and predict trading signals with ease.

Technical Terms

There are several reasons why KuCoin currently stands out from other exchanges. It was founded by the CEO of OKCoin, Yi He, who previously worked at OKCoin He is knowledgeable about what he is doing. Cryptocurrency trading has been responsible for many successful projects.

The platform offers zero fees on trade volume between pairs (market order and limit order), which means that you don’t need to pay any fees when you buy or sell tokens from one exchange to another (pairs include BTC/USDT, ETH/USDT.

Solana (SOL) What Is It?

Solana is a decentralized, public, transparent, increased blockchain designed to host decentralized applications (dApps) with high flexibility, durability, efficacy, and low management of SOL price. By 2022, it will be among the quickest bitcoin network in the cryptocurrency market and offers a number of top decentralized applications (dApps), including gaming, NFTs, and decentralized finance (DeFi).

Shiba Inu (SHIB) What Is It?

Shiba Inu (SHIB), the foremost bitcoin in the world by capitalization, started out as a rival to Dogecoin. Shiba Inu, which competes with the top memecoin on the market, began as a joke and has now developed into a real project with the goals of achieving genuine decentralization, Low SHIB price, and being entirely publicly owned.

Conclusion

The KuCoin exchange is a cryptocurrency exchange based in Hong Kong, China. It was founded in 2017 and is one of the biggest exchanges in Asia. The company is primarily focused on Bitcoin trading, but it also offers Ethereum trading and other cryptocurrencies.

The KuCoin team has made a name for itself as a leading cryptocurrency exchange in Asia, but it has also become popular with foreign traders because of its low fees and easy-to-use interface. Interface. The organization’s site guarantees that it has more than 20 million registered users who have traded over $1 billion worth of cryptocurrencies since its launch.

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