![KuCoin — Still the Best Altcoin Exchange in 2022? [Review]](https://crypto.newswireservice.net/wp-content/uploads/2022/03/BIC_kucoin_review.jpeg.optimal.jpeg)
As the world’s fifth-largest cryptocurrency exchange (by trading volume), KuCoin doesn’t really require much of an introduction.
It’s been around for more than four years now, serving over 10 million users across 200+ countries worldwide. The sheer weight of these metrics is enough to grant KuCoin a spot at the high-table of crypto exchanges.
However, no exchange — however big — can insulate itself from the changing dynamics in the fast-evolving crypto space. New players are always emerging and the resulting competition is sometimes too intense for the old guards to cope with.
That is precisely why today we are going to revisit KuCoin and try to reassess whether or not it can still rightfully pronounce itself as “the people’s exchange” and the “best altcoin exchange”.
KuCoin: An overview
For the uninitiated, KuCoin is a centralized cryptocurrency exchange launched in 2017 to make crypto trading and investment easier for all users including those with little to no prior exposure to digital currencies.
Since then, the exchange has expanded its presence across more than 200 countries and regions.
According to the latest data from CoinMarketCap, KuCoin offers more than 1,000 trading pairs and supports 51 fiat currencies. No doubt, that makes it a particularly tempting choice for traders who prefer to have their skills (and luck) tested on a wider range of trading/investment opportunities. So yes, if you are someone who fancies trading all sorts of altcoins including relatively unknown coins with high ROI potential, KuCoin does offer an edge.
KuCoin in a nutshell
- Number of cryptocurrencies and tokens supported: 600+
- Number of fiat currencies supported: 51 (EUR, CZK, NZD, HUF, and CAD, to name a few —all through Simplex, Banxa, and OTC)
- Number of trading pairs: 1,000+
- 20+ payment methods (more on that later).
- Supports both spot and margin trading, as well as contracts (futures), KuCoin Earn, lending, and trading bot services.
