KuCoin Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of KuCoin trading signals. You will learn what kinds of trading signals KuCoin offers and what the conditions for using them are.

Short introduction of KuCoin

The KuCoin crypto exchange is a platform for exchanging and trading cryptocurrencies, spots, margins, and futures. The list of the exchange’s trading instruments includes dozens of cryptocurrencies such as Bitcoin, Ethereum, Tezer, etc. This crypto exchange offers a user-friendly trading terminal and there are a web and a mobile version for Android and iOS devices. The terminal contains basic analytics, charts, and indicators. There’s a possibility to replenish the account balance from debit cards, cryptocurrency, and electronic wallets. These methods are also available for withdrawal. In addition to the affiliate program (payments for referrals), the site offers unique contests with cash prizes called "Futures Battle".

💰 Account currency: BTC
🚀 Minimum deposit: From $1
⚖️ Leverage: Up to 1:100
💱 Spread: 0.01%
🔧 Instruments: Currencies, cryptos
💹 Margin Call / Stop Out: No

KuCoin Pros and Cons

👍 Advantages of trading with KuCoin:

he most popular cryptocurrencies and tokens are presented on the exchange;

cryptocurrency exchange, spot, margin, and futures trading are offered;

leverage up to x100 in the professional version;

large trading volumes;

a detailed guide for novice crypto traders;

adaptive calculation of the commission depending on the trading volume;

you can place your token on the exchange.

👎 Disadvantages of KuCoin:

crypto exchange’s incomplete localization;

lack of investment programs.

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

KuCoin Trading Signals

Information

The fees of the KuCoin crypto exchange depend on the fee level of your account. The level rises when the activity (trading volume) increases. For example, if you trade less than 100 BTC in 30 days, your taker commission is 0.02%. But if you trade at least 100 BTC, then the taker commission is reduced to 0.015%. There are commissions for the maker. All of this relate also to spots and futures.

Note that the site has withdrawal limits, which are also determined by the trading level of your account. There are fees for deposits and withdrawals — these indicators differ for each cryptocurrency and token. For example, for DASH, the withdrawal fee is 0.002 DASH and the minimum deposit is 0.004 DASH.

Account type Spread (minimum value) Withdrawal commission
Standard From 0.01% for market bid No

Conclusion

Based on the results of the analysis of the KuCoin trading signals, Traders Union analysts established that the conditions are average. The broker offers limited opportunities for the clients choose its trading signals. However, there are also benefits, which is why they can be considered for investment. Keep in mind that trading signals carry the risk of losses and make sure to use the rules of risk management.

FAQs

How do I choose a signal provider?

Consider the profitability, the list of instruments the signals are provided for and the risk level of the strategy.

For what assets can trading signals be provided?

Brokers may provide trading signals for any asset, for example Forex, stocks, cryptocurrencies, etc.

How are the signals provided via a newsletter?

A trader regularly receives trading signals to his/her email or personal messages in the account. As a rule, they are provided in the form of a report with screenshots of technical analysis.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

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
Author and editor at Traders Union

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.