KuCoin is a popular digital currency exchange that has a large daily trading volume in the market. Registration on this site is very easy and accepts a wide variety of digital currencies in its trading system. So this can be a good option for people who want to trade different currencies in one exchange. KuCoin applications are built for different operating systems and you can trade your digital currencies both on the site and in these applications. You can also use it as a safe wallet by storing your digital currency in this exchange.
How To Find KuCoin Wallet Address
You can access your wallet by going to the Asset “and click the” Main account (Deposit & Withdraw) section. This wallet is under KuCoin security platforms and provides complete security for investors. By searching your digital currency in the list and tapping the Deposit option, you can save it in an exchange. So finding the address of your wallet in KuCoin will not be complicated.
Deposit
Follow the steps above to deposit and after selecting your digital currency, click on it and select its network. After selecting the desired network and checking the minimum deposit, click on the deposit address and copy it. By copying, that address is saved on your keyboard. You can now send your digital currency to the copied address by going to your digital wallet. Be sure to use the same network that you used for deposit in KuCoin exchange. After sending your digital currency and it is approved by KuCoin, your digital currency will be added to your wallet.
Attention When copying the address, check it again, consider the possibility of malware and viruses in your system. Click here for more information.
Is KuCoin really a digital wallet?
In fact, KuCoin has introduced itself to the world as an exchange of digital currencies. However, some people use this exchange as their digital wallets. In fact, most of these people, because they operate in the KuCoin market, trust this exchange and its security, and store their deposits on this platform.
Is Storing Digital Currency in KuCoin good?
In general, most exchanges have the ability to store users’ assets. But sometimes these exchanges are attacked by hackers and people’s capital is in danger. Although KuCoin has been able to maintain security layers well, storing your assets in hardware wallets can be the best way to store them. But if you care easily and also trade in KuCoin, you can open an account in KuCoin wallet.
Benefits of KuCoin Wallet
Digital wallets have the ability to trade currencies As you know, KuCoin is introduced as an exchange, so in fact, its main function is digital currency trading. So if you use KuCoin as a wallet, you should know that this is a wallet with Built-in Exchange Features.
Supports a large number of digital currencies
KuCoin supports a lot of digital currencies and this can be one of the strengths of this wallet. You are free to store digital currencies and you can store any kind of digital currency in this wallet. What could be better than having all your digital currencies in one wallet and being able to easily switch between them with just a few simple clicks?
Withdrawal Fees
Withdrawal fees are very low on the KuCoin platform. Given that most exchanges charge their own fees for Withdrawal, in addition to the cost of the network, and sometimes these amounts are inappropriate, KuCoin is not like that. In fact, Withdrawal fees are very low and are definitely one of the lowest fees you will ever experience.
(2FA) & Email Log-in Verifications
Using (2FA) & email log-in verifications have greatly increased KuCoin security. This wallet with security and authentication platforms offers good use in wallet security to its users. The security of this wallet can ensure that your digital assets are safely stored in KuCoin and protected from hacker attacks. But one of the negative points of this exchange is the lack of cold storage safety layer. Having this feature can save users’ assets, but this is not the case with KuCoin.
Conclusion
If you are looking for a high-end exchange with full support for digital currencies, KuCoin is one of your best and most suitable choices. With this exchange, you can diversify your portfolio and use its wallet service. You can download this app from the company’s official website or from mobile app stores.