Listing Process for Cryptocurrency Exchange KuCoin
This is a crisp summary of listing process that can be followed for submitting a token project for listing on KuCoin (or other similar exchanges). After writing several legal opinion letters for utility token that my clients have submitted across major cryptocurrency exchanges (including KuCoin), I started working on preparing and writing exchange submission documents.
This led to an enriching experience covering various aspects of a cryptocurrency token listing project, including research work and writing marketing plan of the project, operational plan of the project, and business plan presentation with monthly user details. Another challenging part of the project was to write a formal whitepaper document in technical language for KuCoin listing submission.
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Other details that can be included in KuCoin Exchange listing documents include user agreement, terms and conditions, compliance report, audit report, legal disclaimers, statement of undertaking, along with project valuation report. All these documents required significant research to ensure that project details are presented in the best possible manner.
Initially, the KuCoin cryptocurrency exchange is a simple and easy-to-use platform where users can buy, sell, and store their digital tokens. The platform is designed to support over 100 different currencies, and users from around the world can easily deposit and withdraw their funds. However, it is important to note that the majority of the exchange’s fees go back to its users. As much as 90% of the fees go back to the users, the rest goes to the holders of the KuCoin coin. Moreover, the company’s security features are also very strong. To deposit and withdraw your cryptocurrency, you must log into your account on KuCoin and select a currency. Next, enter your wallet address. You will be asked to confirm the transaction using your email address or 2 Factor authentication. Once you confirm this process, you can withdraw your coins from the exchange. This procedure requires that you have sufficient balance in your wallet. Once you have enough funds, you can then invest in cryptocurrencies.
The Kucoin platform also features a streamlined trading experience. The platform’s interface is clean and easy-to-use. You can easily buy, sell, and exchange your cryptocurrencies using this platform. You can choose from more than 1,000 cryptocurrency pairings and get started right away. With the help of a well-developed system, you can get started trading with a small deposit and earn a small profit while you learn about the latest trends in the cryptocurrency market.
To begin the listing process, KuCoin requires you to access via a user account linked with an email address or a phone number. KuCoin is an exchange where you will find a lot of smaller cryptocurrencies that can’t find on exchanges like CoinBase, which is also a reason why many people have an account with KuCoin. Now, another thing you need to know about KuCoin is that it’s mostly a crypto-only platform which means that you can’t hold any fiat currencies like U.S. dollars, British pounds, Euros, and so on, on this exchange.
For users buying and selling cryptocurrency on KuCoin, there is an interesting feature that KuCoin offers, which is a trading bot on KuCoin. Currently, this bot is only available on the mobile application of KuCoin. Users can put some funds in this trading bot and can copy different bots from other people that are successful with their bots, and then users can basically copy their strategies and then implement it and hope for some gains.
Recently, KuCoin published its complete and unbiased write up and review of the Kucoin Spot Trading and Crypto Lending Exchange that reaffirmed its commitment to truthful and honest reviews.
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Advocate Rahul Dev is a Patent Attorney & International Business Lawyer practicing Technology, Intellectual Property & Corporate Laws. He is reachable at rd (at) patentbusinesslawyer (dot) com & @rdpatentlawyer on Twitter.
Quoted in and contributed to 50+ national & international publications (Bloomberg, FirstPost, SwissInfo, Outlook Money, Yahoo News, Times of India, Economic Times, Business Standard, Quartz, Global Legal Post, International Bar Association, LawAsia, BioSpectrum Asia, Digital News Asia, e27, Leaders Speak, Entrepreneur India, VCCircle, AutoTech).
Regularly invited to speak at international & national platforms (conferences, TV channels, seminars, corporate trainings, government workshops) on technology, patents, business strategy, legal developments, leadership & management.
Working closely with patent attorneys along with international law firms with significant experience with lawyers in Asia Pacific providing services to clients in US and Europe. Flagship services include international patent and trademark filings, patent services in India and global patent consulting services.
Global Blockchain Lawyers (www.GlobalBlockchainLawyers.com) is a digital platform to discuss legal issues, latest technology and legal developments, and applicable laws in the dynamic field of Digital Currency, Blockchain, Bitcoin, Cryptocurrency and raising capital through the sale of tokens or coins (ICO or Initial Coin Offerings).
Blockchain ecosystem in India is evolving at a rapid pace and a proactive legal approach is required by blockchain lawyers in India to understand the complex nature of applicable laws and regulations.
