The KuCoin Exchange provides a fast trade feature that can save you time and effort when you buy or sell digital currency. This feature is ideal for those who prefer to make their own trades without the help of others or who don’t have time to check pricing every day.
It is a great resource for trading cryptocurrencies. The site has a large number of coins available, and lets you trade on the platform with stablecoins and trading pairs pegged to dollars including XRPUSDT.
What is KuCoin Fast Trade?
KuCoin Fast Trade is a new feature available on the KuCoin platform. It is one of the many functions that make KuCoin standout from the rest of the cryptocurrency exchanges out there. The fast trade allows you to execute trades instantly.
This is unlike other exchanges where your order might take some time to execute and process. This process is also different from other exchanges where traders need to wait for a certain period of time before they can withdraw their coins back into their wallets.
KuCoin’s Fast Trade feature is a really cool tool that can help users pick up the coins they want more quickly than if they were to use the basic trading interface. It allows you to set a price at which you’re willing to buy and sell, and automatically executes your order when it finds one. This is great for people who are making trades that are likely to be good purchases, but don’t have hours or days to wait for them to execute.
How Does KuCoin Fast Trade Work?
Here’s a quick rundown of what it looks like:
Users are able to trade in real time. However, the transactions are not done immediately after placing an order due to security reasons. The trades happen once the order books are matched.
This feature offers users more control over their transactions and also helps them avoid mistakes such as entering the wrong amount when buying or selling a cryptocurrency like BTC, ADA or LUNC. It is also easier to cancel orders using this platform as compared to other cryptocurrency exchanges.
With KuCoin, users do not need to provide personal information and do not have to wait for long periods before their transactions are processed. The system processes all trades within just a few minutes after they have been made.
Users can also enjoy lower trading fees and higher limits than what they would get on other cryptocurrency exchanges. The platform uses Advanced KuCoin Bonus (AKB) tokens as incentives for users who hold KCS in their exchange wallets.
To get your hands on this feature, you need to first create an account on KuCoin, which only takes a minute. Next, login and click on the “Markets” tab. Then find your preferred trading pair and the amount of currency you want to buy or sell.
The last step is to click on “Fast Trade,” where you will be given a brief explanation of how to use the feature, as well as some instructions on setting it up so that you can trade faster in the future.
Payment Method For KuCoin Fast Buy
KuCoin’s fast buy feature is a great way to increase your purchasing power. Fast buy allows you to trade your cryptocurrency for USDT to purchase cryptocurrencies on KuCoin without going through an intermediary currency like Bitcoin.
The following payment methods are accepted when using fast buy:
These include bank transfer, credit card, wire transfer, and cryptocurrency.
Depending on your country of residence, there are some extra steps required to make a bank transfer. Regardless of your location, please note that in order to deposit funds into your account and start trading, you will have to verify your accounts by providing a phone number and sending an SMS code to it.
If you fail to do this within 5 days from the date of registration, your account will be frozen until you provide the verification information.
Steps In Buying KuCoin Fast Trade
If you are looking for a fast way to buy on the KuCoin exchange, here is the 3 step process:
Step 1: Make your registration at the KuCoin exchange, entering your email or phone number.
To do this, go to the main page of KuCoin.com and enter a valid email or phone number (KuCoin will send you a confirmation code via text message).
You will then need to enter some personal information about yourself and confirm your account via an email (this could take 5-10 minutes). Once your account has been created, you can login by entering your username and password.
Step 2: Verify your account by providing proof of identity and address in order to comply with KYC/AML regulations.
You will have to verify your personal information before proceeding, including by uploading an ID scan and a selfie of you holding that ID in front of a white background. This makes it more secure for you to trade on KuCoin and also helps prevent fraudulent accounts.
Step 3: Deposit some crypto in your KuCoin wallet and start buying.
On the homepage of the platform, select Deposit under the currency pair that you want to trade with. You can then choose which coin you want to deposit from the list or use a default currency, click Deposit, and then copy your wallet address. This will be used later on when you’re ready to buy your chosen currency with Bitcoin.