Launched in 2017, KuCoin is one of the leading cryptocurrency trading platforms with over ten million users. In a statement released by The Ascent, a Motley Fool service, KuCoin climbed up the ranks and has now been awarded “best cryptocurrency app for enthusiasts” in 2022.
This doesn’t come as a surprise because KuCoin has been steadily rising in popularity due to the excellent services and perks it offers to crypto enthusiasts. For example, this crypto exchange platform has advanced its security level to protect its users.
The Ascent’s Rating Methodology
Experts at The Ascent evaluate different exchanges using a rating system, primarily focusing on factors such as:
- Their competitive fees;
- Crypto selection;
- Security and transparency;
- Understanding customer rules.
Once the above factors are looked into, the award winners are determined by vote. However, more factors are being considered, such as:
- Customer reviews;
- Wallet availability;
- Deposit and withdrawal fees.
Why KuCoin Was Awarded Best Cryptocurrency App for Enthusiasts by The Ascent
KuCoin has tremendously grown in popularity over the past few years, offering a wide selection of cryptocurrencies, lower fees, an advanced trading platform, and excellent customer support to rely on when customers need help.
KuCoin Integrates SEPA Payments
Earlier this week, KuCoin announced that it had integrated SEPA payments to make it easier for European users to take advantage of more efficient transactions.
KuCoin enabling SEPA payment support makes it a lot easier for European users to load into their exchange accounts and take advantage of zero fees and deposit amounts of up to one million Euros in just one transaction.
SEPA payments remain one of the fiat solutions for crypto enthusiasts and a significant milestone for KuCoin. The exchange platform is now used worldwide in over 207 countries and boasts over 10 million active users.
In a statement released by KuCoin Global CEO, Johnny Lyu, following the integration of SEPA payments, the chief executive officer said:
“KuCoin is dedicated to providing all classes of investors with the easiest and fastest crypto trading experience. Integrating SEPA payments is another huge step forward for KuCoin to facilitate the global free flow of digital value. We’ll continue to add more countries and regions to our fiat on-ramp service list in the future.”
Cardano Native Coin Now Listed on KuCoin
Revuto, a blockchain, announced earlier this year (January 2022) that its REVU token would be the first digital asset listed on top-tier crypto exchanges, such as KuCoin. The company behind the Cardano-based ICO has enjoyed massive growth in the last four months and is now getting better after listing its first digital asset, REVU.
A statement released by the CEO, Vedran Vukman, read:
“We are proud to make history again with REVU, after being the first ICO, publishing the 1st Cardano lite wallet, and breaking records with our growth. We are now the first to list on tier 1 CEXs KuCoin and Gate.io. The process included multiple legal openings for our utility token from top legal firms, including both United States and European Union legislation, with audits being in process and led by the global leader blockchain security.”
The CEO also mentioned that they partnered with Skynet Trading for institutional liquidity solutions. This development is a massive boost for both KuCoin and Revuto.
