Crypto Trading for Beginners | Binance vs Kucoin | Best Exchange for Day Trading
hi guys welcome back to our Channel welcome
back to a new video and today we are going to
talk about two of the biggest crypto exchanges C
coin and binance I’m going to guide you through
a comparison regarding their fees Securities
and unique features I’m so excited to do this
with you but first i’m not a financial adviser
and this video is for educational purposes only
first up let’s give you a short overview over the
two crypto exchanges binance was found founded in
2017 and has quickly risen to become the largest
global cryptocurrency exchange by trading volume
it offers a wide range of services spot trading
derivatives trading and a native blockchain the
binance smart chain they also have an nft platform
and they have the binance card on the other hand
we have C coin K coin was established in
the same year as binance also in 2017 and
it’s known for being the people’s exchange a
shines with its super user friendly interface
competitive fees and also an impressive array of
offered cryptocurrencies C coin is particularly
favored by the altcoin Traders because it has a
big variety of early availability coins the first
thing we are going to compare are the trading
fees on C coin we are starting with trading
fees of 0.1% per trade but it can be decrease if
you have a higher trading volume and if you level
up on binance we have also a trading fee of 0.1%
so we are pretty similar right here and also on
binance it can be drastically reduced if you use
the BNB chain one of the most important topics
for Traders is security we want to have our assets
our tokens safe and of course we don’t want anyone
else to access it so let’s talk about security of
binance and C coin binance has implemented a wide
range of security measures including the two
Factor authentication wallet management system
and a secure asset fund for users which is an
emergency Insurance Fund which means that your
funds are safe on the other hand we have kucoin
C coin also prioritizes security with encryption
multiactor authentication and both a hot and
cold wallet system however it is important to
note here that c coin experienced a very very
big hack in 2020 but they managed to recover
the majority of the stolen funds and they have
since bolstered their security measures so next
let’s check out the user interfaces first we are
here on the C coin platform you can easily log in
and you can use their web browser it’s a super
userfriendly interface and even for beginners C
coin makes it very very easy and also easy to
understand you can check everything which is
important to know for you about C coin right here
on the website it’s super easy to use it’s super
easy to pay in your money and they also have a
very unique feature the C coin shares which means
if you are a frequent user you can actually get
shares on C coin if you want to know which markets
are supported by C coin you can just check out the
markets right here and you will find all the small
altcoins you’re looking for so cin is really your
place if you are looking for a very specific coin
which has maybe still a small market cap and
is just released on the other hand let’s check
out binance binance is especially preferred with
more advanced Traders because of their super nice
trading software but also if you are a beginner
you will still be able to use binance because it
has a very userfriendly app and you can check
out their entire coins right here check out if
your coin or whatever you want to invest in is
right here on binance before you sign up for it
let’s go back to C coin make sure that you
sign up here you will also find the link in the
description below and of course make sure that you
follow all of their socials you can also just scan
here to join or you can just click here and you
will be able to join the C coin Global Community
for binance it’s the same of course if you sign up
right here make sure that you use our Link in the
description below also make sure that you hit the
like And subscribe button to never miss any video
again if you want to be a part of the binance
community then just follow them on their socials
go to their Twitter Tik Tok everything you
need is right here check it out and make your
own picture in case you are still struggling and
you don’t know which one you should choose maybe
the unique features can help you as I mentioned
before both exchanges offer unique features such
as the cuon shares but also binance has their
own unique features including the binance Labs
the binance chain and also a binance Academy for
blockchain and crypto education so if you are not
quite sure or you’re still a beginner maybe
choose binance go to their crypto education
and educate yourself before you invest any
money both of their platforms offer also a
mobile app I personally really enjoy trading on
the mobile app so just get your phone check out
which platform do you enjoy more it’s also a
personal thing which one is more easy for you
to use more easy for you to understand and then
just make your choice I really hope you enjoyed
this video please let me know in the comments
which one do you prefer do you enjoy binance with
its vast ecosystem and deep Market liquidity or
baby C coin with it super userfriendly interface
and unique altcoin options let me know in the
comments and I will see you next time bye guys
Crypto Trading for Beginners | Binance vs Kucoin | Best Exchange for Day Trading
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👉 KuCoin Twitter: https://twitter.com/kucoincom
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_____________________________________________________________
Welcome to Our Crypto Trading for Beginners Video!
Binance and KuCoin are both prominent cryptocurrency exchanges that offer a range of trading services, but they differ in various aspects including their history, features, and target audience.
Binance:
Binance is one of the largest and most well-known cryptocurrency exchanges globally. It was founded in 2017 by Changpeng Zhao, commonly known as CZ. Binance offers a wide range of cryptocurrencies for trading, including popular ones like Bitcoin, Ethereum, and Ripple, as well as a multitude of altcoins. It has gained a reputation for its user-friendly interface, low trading fees, and a strong emphasis on security. Binance also provides advanced trading features such as futures trading, margin trading, and staking.
One of Binance’s standout features is its native cryptocurrency, Binance Coin (BNB), which users can use to pay for trading fees at a discounted rate. Binance has a large user base and provides extensive liquidity, making it a preferred choice for both novice and experienced traders alike. Additionally, Binance offers various educational resources and tools to help users navigate the world of cryptocurrency trading.
KuCoin:
KuCoin is another popular cryptocurrency exchange that was founded in 2017 by a group of cryptocurrency enthusiasts. While not as large as Binance, KuCoin has quickly grown in popularity due to its wide range of listed cryptocurrencies and innovative features. Like Binance, KuCoin offers trading services for a variety of cryptocurrencies, including both well-established coins and newer projects.
KuCoin distinguishes itself through its user-friendly interface, fast transactions, and a wide selection of trading pairs. It also has its native cryptocurrency, KuCoin Shares (KCS), which provides holders with various benefits such as reduced trading fees and a share in the exchange’s profits. KuCoin has also ventured into offering additional services such as futures trading, lending, and staking, catering to the evolving needs of cryptocurrency traders.
In summary, both Binance and KuCoin are reputable cryptocurrency exchanges with their own strengths and features. Binance is known for its extensive range of cryptocurrencies, advanced trading features, and large user base, while KuCoin is appreciated for its user-friendly interface, fast transactions, and innovative offerings. Ultimately, the choice between the two exchanges may depend on individual preferences, trading requirements, and the specific features each platform offers.
____________________________________________________________
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This video is for informational purposes only.
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⏰Timestamps⏰
00:00 binance vs kucoin Introduction.
00:24 binance vs kucoin summary.
05:34 binance vs kucoin project outro.
17 Comments
👉 Get Your own Binance Account from Here: https://bit.ly/Binance-Register-Now
👉 KuCoin Twitter: https://twitter.com/kucoincom
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