With flexible use of different orders, you can better complete the transaction and make profit. Crypto assets are very simple to trade on KuCoin, as demonstrated here with the KCS/BTC trading pair. KuCoin supports cryptocurrency deposits to Main account, Trading account or Margin account, users can choose the related accounts for deposit on the deposit page. Confirm the number of coins to be converted, the KCS amount to receive, and the fee, then click on Confirm to convert. Choose the coins you want to convert, and click on the Convert to KCS button to proceed. Before trading, you are required to enter your trading password for security.
Cryptocurrency purchased by the users through their local currency will be stored in the Main Account by default. If you want to trade among cryptocurrencies, you need to transfer the assets from your Main Account to your Trading Account. The crypto assets can be transferred back and forth between the Main Account and the Trading Account without any transaction fees. In the first week, we said that the most convenient and easiest way to get crypto assets is to directly purchase them through an exchange.
KuCoin “Gold Rush” Super Referral Program
For more information, click “ Fee” at the bottom of the official website. In addition, you can enjoy a 20% discount if you use KCS to pay trading fees. On the trading market page, you can see different order types, including limit, market, stop limit, and stop market.
The Main Account is mainly used to store crypto assets, with deposits and withdrawals of crypto assets being conducted in the Main Account. The assets in the Main Account cannot directly participate in spot trading, margin trading or futures trading. If you want to conduct spot trading on KuCoin, you need to transfer the assets from your main account to your Trading account first. Exchanges between different cryptocurrencies will form a trading pair, which reflects the exchange ratio between the two tokens. For example, if USDT is used to exchange ETH, an ETH/USDT trading pair will be formed.
Written by KuCoin Academy
Once you enter it, you will not need to enter it again for 2 hours. It is highlighted in the red box below. Find the next crypto gem on , People’s Exchange. You can check the conversion history and details on the page.
- With flexible use of different orders, you can better complete the transaction and make profit.
- On the KuCoin Spot trading and margin trading markets, the trading fee is 0.1% of the transaction amount, but the trading fee is also affected by the user’s VIP level.
- I registered on Kucoin and I sent 1 LTC, with the intention of converting it to Bloktopia.
KCS is KuCoin’s native token, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. Here’s a quiz to test how much you have learned from this lesson. Answering all the questions correctly will earn you 100 points. Log in to , and click on the “Spot” tab. I registered on Kucoin and I sent 1 LTC, with the intention of converting it to Bloktopia. This article introduces what KCS is, and how to convert your small balances to KCS in a minute.
How to Convert Small Balances to KCS
This trading pair represents how much USDT can be exchanged for 1 ETH. You will enter the trading market. Depending on which tab you click on, you will see different markets. The options are Bitcoin (BTC), KuCoin Shares (KCS), Stable Coins (USDⓈ), and ALTS (including Ethereum (ETH) and Neo (NEO)).
Not all tokens are paired into every market, and the prices may vary depending on the market you are looking at. Spot trading also is called crypto-to-crypto trading, referring to trades made between cryptocurrencies. Simply put, you can use one type of crypto asset to directly exchange for another type of crypto asset. On the KuCoin Spot trading and margin trading markets, the trading fee is 0.1% of the transaction amount, but the trading fee is also affected by the user’s VIP level. The higher the VIP level is, the lower the trading fee is.