Choose XLM from the coin list. They also have a lending platform, which I don't care much for. As with any other article where I talk about two giant crypto exchanges, this KuCoin VS Binance comparison will follow a specific pattern, too. Rule No.1 for transfer your assets, make sure the deposit and withdrawal network are the same or you might lose your assets. Paste your Binance receiving address and enter the amount to transfer, then press SEND. and earn yourself as you read! When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. For this article, we’re going to look at five - security, ease of use, fees, supported coins, and user count. But, Man am I glad I HODLed my BNB and forgot about it..lol.. In this regard, KuCoin does seem to be the easier-to-use alternative! This is done for the sake of simplicity. 1. Trust Wallet works great if you need to transfer BNB, just make sure you convert BNB to BNB Smart Chain and use proper Smart Chain addresses. Always be in the know & make informed decisions! Now, admittedly, that’s also not the case with KuCoin, but when placed near and compared with Binance, well… Let’s just say that Binance truly is the more-popular alternative here. Withdrawing. Ok, now you’ve copied the address at Binance that you … if you had a chance to buy BNB$ when it was just $30 or below. The step-by-step guide is provided below. For example, if you want to transfer KCS between KuCoin accounts, enter the KCS wallet address of KuCoin directly. KuCoin is a worldwide digital assets exchange, boasting a series of advanced trading tools, investment instruments, and powerful features. While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. The problem is I already deposited my funds into Binance. Worry not, though - once we figure out the comparison criteria, and set the bar high, we’ll be able to check out and analyze both cryptocurrency exchanges, and see which one of them might suit you best. 2. Depending on the level of fees paid and the congestion of the network, the … For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. In order to have an objective KuCoin VS Binance comparison, we’re going to need to have some features that would act as the main talking points, right? No, definitely not! and Terms of Service apply. It’s impossible to send funds from the Binance chain to MEW. Hi Cisco! While KuCoin does assure its users that all of the lost coins will be compensated by the exchange’s insurance, this is still a major factor to consider. If you are a fan of Binance coin (BNB) but can't use Binance because of your location there is a new place to trade it. With KuCoin, the trading fees go up to 0,05% - that’s super-low! Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. At this step, you need to enter your Binance address, which will be generated in your Binance account. First of all, if you choose Binance as your main cryptocurrency exchange, you can rest assured that you won’t only be able to trade different cryptocurrencies, but also that all of your trades are going to be effective, in the sense that you won’t need to wait for weeks for a trade offer to process. We use cookies to personalize content provided by analytic & advertisement partners to offer you the best service experience. We do not publish biased feedback or spam. Looking Convert your Bitcoin into USDT in Kucoin. I am just another casual of the Pandemic, job loss, sadness, desperation, scared of not knowing what to do in this uncertain world. Again - while there are surely more features that are going to make up a great cryptocurrency exchange, glancing at some other KuCoin VS Binance comparisons left online by the users of the two platforms, it would seem that these specific aspects do come up rather often! Binance and KuCoin are two of the best possible exchanges to use if you’re someone who likes to trade a variety of different altcoins. Kucoin's Pool X is a spectacular, easy way to stake coins. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform. 57 Trons) to Binance as transfer fee. While the exchange had been considered to be relatively safe for quite some time, in September of 2021, a major breach of security happened. Don't you love it when you find money that you forgot you stashed somewhere. Just an additional point to keep in mind! KuCoin — Support Mainnet QKC Assets Deposit and Withdrawal. Step 1: Log in to your KuCoin account. They are used to power conversion operations and funds transfers. Binance currently requires 1 block confirmation to receive funds. Send a $0.01 microtip in crypto to the author, Your Beloved Shiba Inu (DOGE) May be About to Dump in Your Backyard, Gala Games Goes Big into Gaming Art with Concept Art House. In order to find such an exchange though, you should look at some comparisons - in this specific article, we’ll compare KuCoin VS Binance. Binance provides a wide range of assets for deposit and withdrawal. My Stock Market Portfolio vs. My Crypto Portfolio. I sent some coins about an hour ago from Binance over to Kucoin but it's still processing. Binance is the world’s largest online cryptocurrency exchange by trading volume. Once the deposit confirmations are complete, locate Chiliz or CHZ in your Binance.com wallet and press withdraw. It only takes 15 seconds and it's free. KuCoin is my favorite Crypto trading platform. Clear linking rules are abided to meet reference reputability standards. KuCoin Review. There may be 14% interest on UNI for a specific amount of days. 3. Well, it’s almost undoubtable that Binance should suit the wants and needs of most people who are going to give the platform a chance. With KuCoin, things are a bit more difficult. Enter the XLM address in the Binance “Recipient XLM Adress” that you copied from Coinbase. At least for one of these platforms. As far as this KuCoin VS Binance comparison goes, both of the platforms in question have been considered to be quite safe, for the longest time. Binance is the number one in trading in the crypto world. You see, both of the platforms in this KuCoin VS Binance comparison offer some of the best fees in the industry! While there are, admittedly, some other aspects that are very important for any crypto exchange, without these five, there’s truly no chance of redemption! 2 minute read. In order to be able to do so, though, you’ll need to utilize an exchange that supports a wide range of cryptocurrencies and crypto trading pairs. Be aware the Pionex doesn’t support Binance Chain or Binance Smart Chain. That said, things changed recently. In any case, as far as coin variety goes, both platforms have it sorted out quite well. Let me tell you in advance, though - KuCoin ain’t got nothing on Binance here. With more BNB events coming up as well. The Binance chain uses addresses that begin with ‘bnb..’, and each transfer requires an additional memo field. Kucoin now offers BNB$ trading up to 50x leverage. KCS will be to the MOON just like BNB has grown. © BitDegree.org - An Independent Initiative of The Best Crypto Exchange Reviews & Personal Advice | [email protected]. Literally, you’ll be giving away 1/3rd of your crypto-coins (i.e. This site is protected by reCAPTCHA and the Google All feedback, either positive or negative, are accepted as long as they’re honest. The cost is the same whether in Coinbase or Coinbase Pro. KuCoin’s user count ranges around the 1 million mark. It's been a long time since I wrote here, but I am back. While there's a lot of debate revolving the KuCoin VS Binance comparison, Binance is considered to be a better option due to two big reasons - a drastically bigger user count, and (more importantly) because the platform is much more secure - this can be further proven by the fact that KuCoin experienced a big hack rather recently. Well, while every single person is going to have their own beliefs on what the “essential features” of a top-tier cryptocurrency exchange are, there are some overarching aspects that are, either way, crucial for any and all legitimate and reliable exchanges. So, then - first things first. We have something special to offer! With that, though, even complete newcomers to the topic of crypto might want to start investing in some rather niche coins! While KuCoin does have more crypto trading options, most people are never going to utilize the 150 offered by Binance! Register now at Publish0x to claim your $$$. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Additional terms may apply to free offers. Kucoin is much more advanced trading platform just like binance. Privacy Policy Then that would be very beneficial. KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. Nevertheless, they are still active and developing a lot of new features for the exchange. FREE KCS$!!! Feel free to contact us if you believe that content is outdated, incomplete, or questionable. Admittedly, Binance isn’t the simplest platform to use - any user KuCoin VS Binance comparison out there is going to tell you the same. Also Trust wallet is the only wallet that currently supports BEP20 token standards. Withdrawing funds from your KuCoin account is very straight-forward. Let me tell you in advance, though - KuCoin ain’t got nothing on Binance here. Key to note is that a fee is charged for the transfer to take place. Their succes was mainly because of the bull run at that time and that they added a lot of (new) cryptocurrencies very fast. Now imagine transferring 150 Tronix. Reading through various best crypto exchange reviews online, you’re bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. The withdrawal fees are also around 0,1% - 35 times lower than on Binance! Just want to make sure the transfer will go through if I use BSC. Internal transfers are free of fee, and arrive quickly. 6. That said, many users believe that Coinbase is one of the simpler exchanges on the current market. I’m not expert. Binance has over 150 different cryptos available for its users to check out, while KuCoin possesses over 210. KuCoin has lower fees than Binance, and it also offers more different cryptocurrency assets for trading and exchanging. :). Are you leaving? First, double-check that your funds are on the BSC network. Disclosure: To ensure our site's review data always stays free & running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. Like so many others, I turned to the Internet. Go to Binance exchange, Go to your spot wallet, and then to the Binance withdrawal page. For example, all of the best exchanges should possess top-tier security features, but if you’re looking to trade only the main cryptocurrencies, you probably don’t really care too much about the variety of coins available on the exchange. That said, believe it or not, as far as Binance VS KuCoin rates are concerned, KuCoin does actually have even better fees! Just FYI, if you have BNB somewhere get a wallet that accepts both Binance and Binance Smart Chain. So if you want to share your experience, opinion or give advice - the scene is yours! Browse our collection of the most thorough Crypto Exchange related articles, guides & tutorials. You can both gain knowledge & earn money with Coinbase! so you can save your Bitcoin in the cryptocurrency which will not be affected by the volatility in the price. Start Coinomi and choose the currency or token to send from the left hamburger menu. A huge number of crypto assets (Bitcoin, ERC-20 tokens, and so on) were transferred out of the exchange’s hot wallets - in other words, they were stolen. | Having said that, Binance is widely seen as the more-popular alternative - it has great security features and a huge user count. However, if you are among the 1000s of individuals who held accounts with Binance, KuCoin, Huobi or other non-US exchanges any time during 2018 calendar year then you are required to disclose your account value to the United States treasury under FBAR guidance on a FinCEN Form 114, if you meet the filing thresholds. Also pairing BTC/BNB on trading makes big bucks. In this example, we will transfer BTC from Coinbase to the Binance account. Binance vs Kucoin - Comparison at a Glance. Learn how to mine Monero, in this full Monero mining guide. He promised that his company will “actively” help during the investigation. I had about 4 BNB sitting in my account for a year or 2 and suddenly my account said over $2,000 USD. That said, the platform is far from being as secure - the recent hack showcased this pretty well. It's up there with Binance, almost the same set up. KuCoin has their own coin like BNB called KCS, Get them while they are cheap. Click on the "Overview" under the "Assets" tab, then the "Withdraw" tab. Enter the amount of XLM you want to transfer. Best Bitcoin mining hardware: Your top choices for choosing the best Bitcoin mining hardware for building the ultimate Bitcoin mining machine. Leave your genuine opinion & help thousands of people to choose the best crypto exchange. On the other side, KuCoin occupies 26th place based on daily trading volume. BitDegree Crypto Reviews aim to research, uncover & simplify everything about the latest crypto services. because it’s a fee to use the network not a fee specific to the exchange itself. If you see an “ambiguous address” popup, select the correct currency. To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines. Changpeng Zhao, Binance CEO, and other prominent people in the crypto space have shown their support. Share your experience, opinion or give advice - the scene is!. Have BNB somewhere get a wallet that accepts both Binance and Binance clearly won ground there a. Some pretty decent names for themselves $ when it was just $ 30 or below for! The current market has their own coin like BNB has grown and a huge user count ranges the! A well-known third-party exchange … KuCoin Review what does this mean for the moment to make sure the will. My favorite chance to buy Bitcoin on KuCoin or suggest you to buy, sell or hold any kind transfer from kucoin to binance... Or suggest you to trade with bigger platforms with so many others, I turned the! 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