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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    _____________________________________________________________

    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.

    I’m not your financial advisor! Be aware Of Crypto/Trading Scams & Rug Pull Scams! The sole purpose of this Channel is to entertain and educate other users on their Crypto /Trading Journey. If you insist on getting Professional views, please contact a financial advisor. Any actions you make in accordance with my opinions and the content of this channel will not be held liable.

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    ________________________________________________________________________

    ⏰Timestamps⏰

    00:00 binance vs kucoin Introduction.
    00:24 binance vs kucoin summary.
    05:34 binance vs kucoin project outro.

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