Bitbns vs KuCoin: Fees, Coins, Safety Comparison
| Feature | Bitbns | KuCoin |
|---|---|---|
Overall |
3.4 |
4.5 |
1 |
2.7 |
|
3.4 |
4.5 |
|
3.6 |
5.0 |
|
Investment Instruments |
3.9 |
4.8 |
Platforms and Charting Tools |
3.8 |
4.7 |
Deposit and Withdrawal |
3.7 |
4.6 |
Research |
3.7 |
4.3 |
Education |
3.4 |
4.8 |
Support |
4.0 |
3.8 |
Bonuses |
3.7 |
4.4 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitbns vs KuCoin: Pros and Cons
The Bitbns exchange is a platform to sell and purchase cryptocurrencies with an investment opportunity. Bitcoin, Ethereum, Tether, Ripple, BonusCoin, Tron, dozens of other cryptocurrencies, and tokenized assets are traded on the exchange. Cryptocurrency-cryptocurrency and cryptocurrency-fiat pairs are provided and the only fiat is the Indian rupee. You can use a standard e-wallet or order a hardware wallet to store funds. The investment portfolio includes several programs and is updated every 30 days. The minimum deposit is $1. The website offers a detailed investment calculator and extra financial instruments. The exchange offers a one-level referral program and a training system for novice traders. There is no mobile trading. Commissions differ in terms of trading levels and they are below the market average.
KuCoin surfaced in 2017, and within years it has developed into one of the largest crypto exchanges by trading volume. Apart from basic trading options, the platform also offers peer-to-peer (P2P) trading, margin, and futures trading. It also allows users to lend or stake their currencies to win rewards and has relatively lower trading fees than the competitors. If you’re a US trader, you need to sign up for a KuCoin account to use KuCoin; however, the features are limited.
| Bitbns | KuCoin | |
|---|---|---|
| Overall Pros | all popular cryptocurrencies and tokens are available; | Trading With Leverage up to 1:100 |
| convenient and functional trading terminal in the browser; | Derivatives, NFT Available | |
| regularly updated investment portfolio; | Low trading and non trading fees | |
| the ability to order a hardware wallet for cryptocurrencies; | Passive Income With Staking and Mining Pool | |
| Great bonus program | ||
| integrated automated trading service; | ||
| training system for novice traders; | ||
| Overall Cons | no mobile trading; | Not regulated |
| only Indian rupees are represented in the range of fiats. | Limited access in the US |
Bitbns vs KuCoin: Safety and Regulation
| Regulated By: | Bitbns | KuCoin |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitbns vs KuCoin: Trading Conditions
| Trading Conditions | Bitbns | KuCoin |
|---|---|---|
Minimum Deposit |
$1 |
$5 |
Trading Platforms |
Bitbns |
KuCoin |
Max Leverage (Futures) |
44562 |
1-100 |
Number of Markets |
79+ |
630 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, Indian rupee |
20 fiat currencies + cryptocurrencies |
Bitbns vs KuCoin: Fees
Trading Fees
| Fee | Bitbns | KuCoin |
|---|---|---|
Max Maker |
0.2500% |
0.1% |
Max Taker |
0.2500% |
0.1% |
Min Maker |
0.0300% |
0.0125% |
Min Taker |
0.0300% |
0.03% |
Debit/Credit Card Purchase Fee |
Not supported |
0.1% |
Futures Trading fees
| Fee | Bitbns | KuCoin |
|---|---|---|
Max Maker |
0.1% |
0.02% |
Max Taker |
0.1% |
0.06% |
Min Maker |
0.1% |
0 |
Min Taker |
0.1% |
0 |
Non-Trading Fees
| Fee | Bitbns | KuCoin |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
₹1000: ₹4, ₹1000 - 24,999: ₹6, ₹25,000 and above: ₹9 |
0 |
Debit/Credit Card Withdrawal Fee |
Not supported |
0 |
BTC Withdrawal Fee |
0.0005 BTC |
0.0005 BTC |
Inactivity Fee |
No |
No |
Bitbns vs KuCoin: Trading Assets
| Asset Name | Bitbns | KuCoin |
|---|---|---|
Overall |
79+ |
630+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
Bitbns or KuCoin: Investment Programs
| Asset Name | Bitbns | KuCoin |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
Yes |
MAM/PAMM |
No |
No |
Other |
Fixed Income Plans, Bitdroplet |
Cloud Mining |
Trading Platforms: KuCoin or Bitbns
| Bitbns | KuCoin | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: KuCoin or Bitbns
| Bitbns | KuCoin | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: KuCoin or Bitbns
| Bitbns | KuCoin | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: KuCoin or Bitbns
| Bitbns | KuCoin | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: KuCoin or Bitbns
| Bitbns | KuCoin | |
|---|---|---|
Market |
No |
Yes |
Limit |
No |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
Bitbns vs KuCoin: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitbns | KuCoin |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitbns vs KuCoin: Research
| Research Type | Bitbns | KuCoin |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitbns vs KuCoin: Education
| Education Type | Bitbns | KuCoin |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
KuCoin vs Bitbns: Support
| Support Features | Bitbns | KuCoin |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
Ticket |
No |
Bitbns vs KuCoin: Crypto Bonuses and Promo
| Promo | Bitbns | KuCoin |
|---|---|---|
Crypto Bonus |
Predict&Win, Contests, Sprink Wouchers |
Crypto Bonuses up to $500 |
Affiliate Program |
If your referral started trading without verification, he does not get any payments, and you get 10% of the commission fees for his trading operations, If your referral has been verified and started trading, 100 Indian rupees in BTC will be credited to the referral’s account, and 50% of his commission fees will be available to you. |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on KuCoin
-
Comment
KuCoin provides access to a wide range of digital assets, including many lesser-known or niche coins. Despite this, my encounter with KuCoin has been nothing short of frustrating . On numerous occasions, I've encountered issues with deposits, withdrawals, or trade executions. I cannot in good conscience recommend this exchange to anyone looking for a reliable and trustworthy platform for trading cryptocurrencies.
-
Comment
If you trade cryptocurrencies, then definitely not here. They made a name for themselves earlier, but the trade has deteriorated, only the name remains, but this is catastrophically small!
-
Comment
Another exchange that will eventually scam or be hacked, everything is clear with it. More than once I was given an error when entering the site. There are already the first calls. I withdraw money, and I advise you.
-
Comment
Bad exchange, with high trading fees. I do not recommend even starting trading on KuCoin. I would give her a much lower place in the ranking, given the quality of the services she provides!
-
Comment
The first thing I pay attention to is the working hours of the crypto exchange. KuCoin has been operating since 2013, and this is quite a long time, so the company aroused my confidence. But to say that KuCoin is somehow very different from the competition and seems like a better option? I don't have that. Some users are attracted by the number of instruments, others by competitions within the exchange or leverage up to 1:100. But for me, high-quality analytics and the ability to delve into the market are much more important. Well, with KuCoin it didn't work out for me. The functionality of their own platform is good for beginners and not too fastidious traders, it is basic. I was not hooked, but I can’t say anything bad about this exchange either.
Top 5 Reviews on Bitbns
-
Comment
Bitbns looks like an ordinary crypto broker, but it doesn’t stand out in any way. As soon as you start trading, the conditions immediately change for the worse. Trade is bad! It didn't suit me.
-
Comment
I traded with Bitbns a few years ago. At first it was good, but over time, the conditions began to differ not for the better. Bad reviews on all sorts of forums began to meet more and more often. In vain I opened an account here. I'm sorry.
-
Comment
The broker is inferior in many categories. There are many services on which all attention is made. And I understand that this was done precisely to mask bad conditions for execution. I tested the platform, the delays in order processing reached up to 3 seconds for execution. This is too much for today's conditions, when other brokers offer up to one second and no more. Execution must be instant, so there is no reason to open an account with Bitbns.
-
Comment
The situation is this: I can not get money from this broker, several thousand dollars. They have been withdrawn since May 18, 2022. They refer to the ongoing audit, but do not provide any supporting documents/information.
-
Comment
In general, I am pleased with the cooperation with the Bitbns cryptocurrency exchange. There are enough assets to choose from, and not only the most popular but also little-known ones are also listed. Conveniently, the platform can be configured to automatically invest in Bitcoins (deposits from $1). I believe that this crypto exchange will be of interest to both professionals and beginners who are ready to offer quality training and support. I recommend this trading platform.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.