Scammers are out there, and they will try to get you to do their bidding. It’s essential to know how to protect yourself from scammers, so we’ve put together this guide on how you can keep yourself safe from scammers. You may have heard of KuCoin, the cryptocurrency exchange that’s been around since 2016.
Steps For Your Secure Account
First of all, make sure your KuCoin account is secure. If you have the option for two-factor authentication, take advantage of it! This means that even if someone has your password and account information, they will still not be able to log into your account unless they have both your password and a physical device that can verify their identity. If this isn’t an option for you, consider using Google Authenticator or another similar service as an alternative.
Second, don’t give out personal information over email or text. This includes phone numbers! If someone asks for personal information like a phone number or address to verify their identity with KuCoin, say no! There’s no need to put yourself at risk by giving out any such information over email or text message.
Thirdly, check KuCoin’s website before making any trades on the platform.
Everything You Need To Know
If you haven’t heard of them yet, we can take you through everything you need to know about KuCoin and how it can help you stay safe from scammers.
On KuCoin, you can check ltc price and gme price and sell a range of cryptocurrencies and tokens with each other and fiat currency (the US dollar). It’s one of the largest exchanges in the world by volume.
The site was launched in Hong Kong in 2016 by some dedicated developers as an alternative to other exchanges like Coinbase or Binance, which had been known to lose users’ money due to hacks or other issues.
Since then, KuCoin has grown into a full-service cryptocurrency exchange specializing in digital assets like NEO, EOS, TRON, IOST, and many others. The company uses its API (application programming interface), which means that they don’t rely on external API providers like Poloniex or Bitfinex for its services.
The exchange has recently been under scrutiny for its alleged involvement in Ponzi schemes and other illegal activities. However, these allegations have not stopped KuCoin from operating or encouraging investors to continue using its service. KuCoin has made several changes to its practices over the past year to ensure that it complies with international regulations and best practices.
Here is our guide on how to avoid getting scammed while using KuCoin:
- Always make sure that you verify your account before depositing or withdrawing funds from the exchange;
- Never deposit money into your account from unknown sources;
- Make sure that you only use your funds for trading.
Buying With Bitcoin
If you want to buy a bitcoin exchange from KuCoin. well, first things first: go here and sign up for an account! Once you’re done filling out your profile information and verifying your identity—which shouldn’t take more than 30 seconds—you’re ready to start buying!
If you have ever used KuCoin, then you are probably aware that it is not an easy platform to navigate. While there are some useful features available on this platform, there are many other things that can be confusing for new traders.