KuCoin paid a fine of $41,000 and resumed operations in India
Here are some facts about KuCoin
- KuCoin is a cryptocurrency exchange platform.
- It was founded in 2017 in Seychelles.
- The platform was hacked in 2020, with more than $280 million in assets stolen.
- Almost all of the stolen assets were recovered, and KuCoin compensated for the missing assets through its insurance.
- KuCoin charges very competitive trading fees.
- KuCoin is not licensed in the U.S. This means U.S.-based users may sign up for accounts, but they will remain “unverified,” which limits access to certain features.
- KuCoin also has similar limitations outside of the U.S.
- KuCoin supports trading in a huge range of cryptocurrencies.
- KuCoin offers a 20% discount on trading fees when using its token, KuCoin Token (KCS)...
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