Post
Topic
Board Trading Discussion
Re: Why should I use Kucoin over Binance?
by
teosanru
on 05/12/2021, 19:17:29 UTC
I'm guess Binance.com and Kucoin are like Coca-Cola and Pepsi, at the top of the exchange food chain. But if you had to go with only one, which would you go with, and why? Trying to decide...help me out guys!

P.s P2P not being a factor. And of course, for trading.
One big reason for choosing Kucoin is that KYC so far is not mandatory for all users on Kucoin but it is already mandatory for everyone on Binance, which means that your identity is revealed the moment you start using Binance. Earlier I used to think that Binance is more or less a scamster as they intentionally just close the exchange in times of high volatility and dumps but what I have realized after seeing Kucoin is that Binance is still better is just crashes rarely while Kucoin would crash on almost every small dump too. I have seen so many times that you won't even be able to log into your Kucoin, in binance generally just a few people would face the error. Also, rest Kucoin have completely copied Binance. I would still prefer Binance.