How To Migrate To SAITAMA V2 On Coinbase Wallet - SAITAMA Migration Tutorial #saitamamigration

How to Migrate To SAITAMA V2 On Coinbase Wallet

Coinbase Wallet SAITAMA Migration

SAITAMA V1 To V2 Migration Tutorial 

Saitama Airdrop, Claim Saitama

#saitamainu #saitamamigration #saitama #saitamaswap #crypto #cryptocurrency #bitcoin #ethereum #kucoin #binance #coinbase #memecoin #doge 

Kucoinチェーンにスマートコントラクトを展開する-KCC

Kucoinチェーンは、Ethereum仮想マシン（EVM）を使用するブロックチェーンであり、Solidityと互換性があります。以下は、SolidityスマートコントラクトをKucoinチェーン「KCC」にデプロイする方法についての説明です。以下に概説するスマートコントラクトを展開するプロセスは、他のEVM互換ブロックチェーンとほぼ同じです。

クコインチェーンとは

Kucoinチェーン「KCC」は、高性能の分散型パブリックチェーンであると主張しています。チェーンの目標は、他のパブリックチェーンで見られる低いトランザクションパフォーマンスと高いトランザクションコストを解決することです。イーサリアムおよびERCスマートコントラクト標準と完全に互換性があります。Kucoinトークン「KCS」はKCCの燃料およびネイティブトークンであり、ガス料金の支払いに使用されます。ブロックは3秒ごとに生成され、トランザクションの確認を高速化し、チェーンのパフォーマンスを向上させます。より効率的で安全であると考えられている、Proof ofStakedAuthority「PoSA」のコンセンサスアルゴリズムを採用しています。すべてのこのチェーンは、 BinanceSmartChainと同じビジネスモデルを持っているようです。

Kucoin Chainの詳細については、同社のWebサイトにアクセスしてください。

スマートコントラクトKucoinチェーン開発ツール

KCC開発者は、イーサリアムでの開発に使用されるものと同じ開発ツールを使用できます。Remix、Truffle、MetaMaskなどを使用して、KCCブロックチェーンで開発できます。イーサリアム開発者ツールのリストについては、こちらを確認してください。

KCCテストネットワーク用にMetaMaskを構成する

イーサリアム互換のウォレットを使用して、KCCネットワークを構成できます。使用するウォレットの例としては、 MetaMask、  myetherwallet、  imtoken、  TokenPocketなどがあります。以下では、KCCに接続するようにMetaMaskを構成します。

KCCテストネットワークの名前は KCC-TESTNETです。以下では、Kucoinテストネットに接続するようにMetaMaskウォレットを構成する方法について説明します。

MetaMaskを開き、以下を選択します。

• 設定
• 通信網

[ネットワークの追加]を選択します

• 以下の情報をコピーして、テキストエディタに貼り付けます。この情報をMetaMaskに入れるのが簡単になり、画面が閉じないようになります。
• 以下の情報をMetaMaskに入力します。

1. ネットワーク名：KCC-TESTNET
2. 新しいRPCUrl：https://rpc-testnet.kcc.network
3. チェーンID：322
4. 記号：KCS
5. ブロックエクスプローラーのURL：https ://scan-testnet.kcc.network
6. WebSocket RPC URL：wss：//rpc-ws-testnet.kcc.network

これで、MetaMaskウォレットがKCC-TESTNETに接続されました。

テストトークン用のKucoin蛇口

次に、  Kucoinチェーンの蛇口に移動し、テストKCSトークン を要求し ます。トークンはすぐにウォレットに送信されます。

Kucoinテストネットに接続したので、ウォレットがセットアップされ、KCSテストトークンがスマートコントラクトをテスト環境にデプロイしようとします。

Kucoinチェーンにスマートコントラクトをデプロイする

Remix を使用 して、Solidityスマートコントラクトを記述し、それらをKucoinチェーン（KCC-TESTNETまたはKCC-MAINNET）にデプロイできます。これをテストするには、以下のSolidityスマートコントラクトコードをコピーして、Kucoinチェーンにデプロイします。

// SPDX-License-Identifier: MIT
pragma solidity ^0.6.2;

import "@openzeppelin/contracts/token/ERC20/ERC20.sol";

//simple ERC20 contract to experiment with
//all tokens are assigned to the creator

contract SimpleToken is ERC20 {

//set the name, symbol, and supply at time of deployment in the constructor
//all tokens are assigned to the creator

    constructor(
        string memory name,
        string memory symbol,
        uint256 initialSupply
    ) public ERC20(name, symbol) {
        _mint(msg.sender, initialSupply);
    }
}

Remixで試してみてください 

次に、Remixのネットワークにトランザクションを送信します。MetaMaskは右上隅にKCC-TESTNETを表示します。

KCC-TESTNETでトランザクションの確認を確認するには  、テスト環境のブロックエクスプローラーを使用します。

ブロックエクスプローラーを使用して、テストネットワークに送信されたスマートコントラクトに移動します。契約を表示するには、画面上部に新しく作成された契約アカウント番号をクリックします（下の画像の黒い線は契約アカウント番号をブロックしています）。

契約コードを確認するには、画面の下部にある[確認して公開]リンクをクリックします。契約の検証と公開のプロセスは、イーサリアムと非常によく似ています。

KCCメインネット用にMetaMaskを構成する

KCCメインネットは、以下の設定を使用して構成できます。以下の情報をコピーして、テキストエディタに貼り付けます。

• これをMetaMaskに入れるのが簡単になり、画面が閉じないようになります。
• 新しいカスタムRPCを追加して、以下の情報をMetaMaskに入力します。テストネットワークについては上記の手順に従い、メインネットについては以下の設定を使用してください。
• ネットワーク名：KCC-MAINNET
• 新しいRPCUrl：https://rpc-mainnet.kcc.network
• ChainID：321
• 記号：KCS
• ブロックエクスプローラーのURL：https ://explorer.kcc.io/en
• WebSocket RPC URL：wss：//rpc-ws-mainnet.kcc.network

イーサリアムからメインネットのクコインチェーンに資金を転送する

イーサリアムにトークンがあり、それらをKucoinチェーンに転送する場合は、KCCブリッジまたはAnySwapブリッジを使用できます。これらのブリッジは信頼できない双方向トランザクションチャネルであり、ここで詳細を読むことができ ます。資金の移動には約12〜15分かかります。

1. AnyswapブリッジのWebサイトに移動します
2. ウォレットを接続する
3. Kucoinチェーンに移動するEthereumチェーン上のトークンを選択します。

KucoinチェーンにKSCを賭ける方法

ステーク

バリデータースマートコントラクトのstakeメソッドを呼び出して、任意のバリデーターとステークします。各バリデーターの最小ステーキング量は32KCSトークンです。

アンステーク

KCSトークンの賭けを解除する場合は、バリデーター契約のunstakeメソッドを呼び出し、86400ブロック（3日）待ってから、バリデーター契約のwithdrawStakeメソッドを呼び出して資金を引き出します。

Kucoinバリデーターノードを実行します

KCCには、低いトランザクションコストと高速なトランザクションスループットを特徴とするPoSAコンセンサスメカニズムがあります。PoSAはPoAとPoSの組み合わせであり、最大29のバリデーターをサポートします。

バリデーターになるには、ノードを作成してから、アクティブなバリデーターに投票するための提案を送信する必要があります。アクティブなバリデーターの半分以上が賛成票を投じた場合、バリデーターになる資格があります。

次に、ユーザーは、バリデーターになる資格のあるアドレスにコインを賭けることができます。賭け金の最低額は32KCSです。バリデーターのステーキングボリュームがトップ29にランクインすると、次のエポックでアクティブなバリデーターになります。

すべてのアクティブなバリデーターは、事前定義されたルールのセットに従って順序付けられます。各バリデーターは順番にチェーン上のブロックをマイニングします。バリデーターがラウンド中にブロックを時間どおりにマイニングできなかった場合、過去n / 2（nはアクティブなバリデーターの数）のブロックに関与していないアクティブなバリデーターがランダムにブロックアウトを実行します。少なくともn/2 + 1のアクティブなバリデーターが適切に機能して、ブロックチェーンの適切な動作を保証します。

ソース：https ：//cryptomarketpool.com/deploy-a-smart-contract-to-the-kucoin-chain-kcc/

#kucoin #nft 

Implemente Un Contrato Inteligente En La Cadena Kucoin - KCC

Kucoin Chain es una cadena de bloques que utiliza la máquina virtual Ethereum (EVM), lo que significa que es compatible con Solidity. A continuación, se incluyen instrucciones sobre cómo implementar un contrato inteligente de Solidity en la cadena Kucoin "KCC". El proceso para implementar un contrato inteligente que se describe a continuación es casi idéntico al de otras cadenas de bloques compatibles con EVM.

¿Qué es la cadena Kucoin?

La cadena Kucoin “KCC” afirma ser una cadena pública descentralizada con alto rendimiento. El objetivo de la cadena es resolver el bajo rendimiento de transacción y los altos costos de transacción observados en otras cadenas públicas. Es totalmente compatible con los estándares de contrato inteligente Ethereum y ERC. El token de Kucoin "KCS" es el combustible y el token nativo de KCC y se utiliza para pagar las tarifas de gasolina. Los bloques se producen cada 3 segundos para acelerar las confirmaciones de transacciones y un mayor rendimiento de la cadena. Ha adoptado el algoritmo de consenso de Prueba de Autoridad Estacada "PoSA", que se cree que es más eficiente y seguro. En toda esta cadena parece tener el mismo modelo de negocio que Binance Smart Chain .

Para obtener más información sobre Kucoin Chain, visite su sitio web .

Contrato inteligente Herramientas de desarrollo de Kucoin Chain

Como desarrollador de KCC, puede usar las mismas herramientas de desarrollo que se usan para el desarrollo en Ethereum. Puede usar Remix, Truffle, MetaMask, etc. para desarrollar en la cadena de bloques de KCC. Consulte aquí para obtener una lista de herramientas para desarrolladores de Ethereum .

Configurar MetaMask para la red de prueba de KCC

Puede usar cualquier billetera compatible con Ethereum para configurar la red KCC. Algunos ejemplos de billeteras para usar son MetaMask ,  myetherwallet ,  imtoken ,  TokenPocket , etc. A continuación, configuraremos MetaMask para conectarse a KCC.

El nombre de la red de prueba de KCC es  KCC-TESTNET y a continuación explicaré cómo configurar su billetera MetaMask para conectarse a la red de prueba de Kucoin.

Abra MetaMask y seleccione:

• Ajustes
• Red

Seleccione Agregar red

• Copie y pegue la siguiente información en un editor de texto. Hará que sea más fácil poner esta información en MetaMask y evitará que la pantalla se cierre.
• Escriba la siguiente información en MetaMask:

1. Nombre de la red : KCC-TESTNET
2. Nueva URL de RPC : https://rpc-testnet.kcc.network
3. ID de cadena : 322
4. Símbolo : KCS
5. URL del explorador de bloques : https://scan-testnet.kcc.network
6. URL RPC de WebSocket : wss://rpc-ws-testnet.kcc.network

Ahora su billetera MetaMask está conectada a KCC-TESTNET.

Faucet de Kucoin para tokens de prueba

Ahora vaya al  faucet de Kucoin Chain  y solicite  tokens KCS de prueba . Los tokens se envían a su billetera de inmediato.

Ahora que está conectado a la red de prueba de Kucoin, su billetera está configurada y tiene tokens de prueba de KCS, intente implementar un contrato inteligente en el entorno de prueba.

Implemente un contrato inteligente en la cadena Kucoin

Puede usar  Remix  para escribir contratos inteligentes de Solidity e implementarlos en Kucoin Chain (KCC-TESTNET o KCC-MAINNET). Para probar esto, puede copiar el código de contrato inteligente de Solidity a continuación e implementarlo en Kucoin Chain.

// SPDX-License-Identifier: MIT
pragma solidity ^0.6.2;

import "@openzeppelin/contracts/token/ERC20/ERC20.sol";

//simple ERC20 contract to experiment with
//all tokens are assigned to the creator

contract SimpleToken is ERC20 {

//set the name, symbol, and supply at time of deployment in the constructor
//all tokens are assigned to the creator

    constructor(
        string memory name,
        string memory symbol,
        uint256 initialSupply
    ) public ERC20(name, symbol) {
        _mint(msg.sender, initialSupply);
    }
}

Pruébalo en  Remix

Luego envíe su transacción a la red en Remix. MetaMask mostrará KCC-TESTNET en la esquina superior derecha.

Para ver la confirmación de la transacción en KCC-TESTNET, use su  explorador de bloques  para el entorno de prueba.

Use su explorador de bloques para navegar a su contrato inteligente que se envió a la red de prueba. Para ver el contrato, haga clic en el número de cuenta del contrato recién creado en la parte superior de la pantalla (la línea negra en la imagen a continuación bloquea los números de cuenta del contrato).

Para verificar el código del contrato, haga clic en el enlace "Verificar y publicar" en la parte inferior de la pantalla. El proceso de verificación y publicación del contrato es muy similar al de Ethereum.

Configurar MetaMask para la red principal de KCC

La red principal de KCC se puede configurar usando los ajustes a continuación. Copie y pegue la siguiente información en un editor de texto.

• Hará que sea más fácil poner esto en MetaMask y evitará que la pantalla se cierre sobre ti.
• Escriba la siguiente información en MetaMask agregando un nuevo RPC personalizado. Siga las instrucciones anteriores para la red de prueba y use la configuración a continuación para Mainnet.
• Nombre de red : KCC-MAINNET
• Nueva URL de RPC : https://rpc-mainnet.kcc.network
• ID de cadena :321
• Símbolo : KCS
• URL del explorador de bloques : https://explorer.kcc.io/en
• URL RPC de WebSocket : wss://rpc-ws-mainnet.kcc.network

Transferir fondos de Ethereum a Kucoin Chain en Mainnet

Si tiene tokens en Ethereum y desea transferirlos a Kucoin Chain, puede usar el puente KCC o el puente AnySwap . Estos puentes son canales de transacciones bidireccionales sin confianza y puede leer más sobre ellos  aquí . Los fondos tardan aproximadamente entre 12 y 15 minutos en transferirse.

1. Vaya al sitio web del puente Anyswap
2. Conecta tu billetera
3. Seleccione el token en la cadena Ethereum que desea mover a la cadena Kucoin.

Cómo apostar KSC en Kucoin Chain

Apostar

Llame al método de apuesta en el contrato inteligente del validador para apostar con cualquier validador. La cantidad mínima de participación para cada validador es de 32 tokens KCS.

Dejar de apostar

Si desea cancelar la participación de sus tokens KCS, llame al método de cancelación de participación en el contrato del validador y espere 86400 bloques (3 días), luego llame al método de retirada de participación en el contrato del validador para retirar fondos.

Ejecute un nodo de validación de Kucoin

KCC tiene un mecanismo de consenso PoSA que presenta bajos costos de transacción y un rápido rendimiento de transacciones. PoSA es una combinación de PoA y PoS y admite hasta 29 validadores.

Para convertirse en un validador, debe crear un nodo y luego enviar una propuesta para que voten los validadores activos. Si más de la mitad de los validadores activos votan sí, será elegible para convertirse en validador.

Luego, los usuarios pueden depositar sus monedas en una dirección que haya calificado para convertirse en un validador. La cantidad mínima para apostar es 32 KCS. Una vez que el volumen de participación del validador se ubique entre los primeros 29, se convertirá en un validador activo en la próxima época.

Todos los validadores activos se ordenan de acuerdo con un conjunto de reglas predefinidas. Cada validador toma un turno para minar bloques en la cadena. Si un validador no logra extraer un bloque a tiempo durante su ronda, los validadores activos que no han estado involucrados en los últimos n/2 (n es el número de validadores activos) bloques realizarán el bloqueo al azar. Al menos n/2+1 validadores activos funcionan correctamente para garantizar el correcto funcionamiento de la cadena de bloques.

Fuente: https://cryptomarketpool.com/deploy-a-smart-contract-to-the-kucoin-chain-kcc/

#kucoin #nft 

What is KuCoin Exchange | Instructions for Using and Registering?

In this post, you'll learn What is KuCoin Exchange | Instructions for Using and Registering KuCoin Exchange? (update 2022)

There are numerous crypto exchanges today, some are brand new and some old. It can be difficult for a novice investor to choose the right one. One popular exchange that attempts to make it easy for the layman is Kucoin, which is what we detail here. Learn what KuCoin is, the different features, and how to use it.

KuCoin is a centralized cryptocurrency exchange, and according to CoinMarketCap, it has approximately 503 tradable cryptocurrencies. The exchange supports fiat currencies like EUR, CZK, NZD, HUF, CAD, etc., through Simplex, Banxa, and OTC. Currently, it has more than eight million users across 207 countries all over the world.

KuCoin has its own cryptocurrency, KuCoin Shares or KCS, which has been now rebranded to KuCoin Token. The platform provides spot trading, margin trade, contract (futures), pool-X, lending, and trading bot services.

Types of accounts on KuCoin

KuCoin offers five types of accounts.

• Main account: For the storage, withdrawal, and deposit of funds
• Trading account: For spot trades and KCS Pay Fees
• Margin accounts: For margin borrowing and margin trading
• Futures account: For future trading
• Pool X account: For staking and soft staking

KuCoin also offers an over-the-counter trading desk. As per this service, traders can execute larger trades with specific prices. This is done without causing any fluctuation in the price of the crypto.

KuCoin API

KuCoin offers services like quantitative trading strategy, trading strategy, trading fee discount, interest-free loans, sandbox trading competition, and referral bonus to API users.

A goal to make investment easy

KuCoin is the brainchild of Michael Gan and Eric Don. Michael was an extraordinary kid who began coding at the age of eight. He founded his first start-up at the age of 16. Having heard about bitcoin in 2012 from his boss Eric, he tried to sell some on Mt. Gox. That’s when he understood that the largest platform at the time was difficult for beginners to use. This made Michael and Eric realize the need for a system that supports every layman, and the result was KuCoin.

What is the Kucoin leveraged token?

Leverage tokens are a new type of derivatives launched by KuCoin. These are tradable assets in the KuCoin spot market. They leverage the profits and aim to provide a multiple of profit of the asset by trading leveraged token shares. These tokens are named using the currency type, multiple of the profit, and long or short direction.

Leveraged tokens don’t have an expiry date or due date. Neither do they have a negative value. The risk of liquidation is absent irrespective of the change in the price of the token. It works under the management of the fund manager.

If you are trading in KuCoin leveraged tokens, then you don’t have to pay a margin or borrow funds to try margin trading. Users holding at least six KCS receive a 50% bonus, which comes from KuCoin’s daily trading fee revenue.

1. The advantages of KuCoin

KuCoin is one of the top 10 cryptocurrency exchange platforms by volume, according to CoinMarketCap. This does not come as a surprise, given all the benefits. It is reasonably expected to retain the position for the long run.

1. Offers lower fees

The maker/taker fee on KuCoin starts at 0.1%, and it will be reduced as levels increase. You can also avail of a further 20% discount if you pay with KCS. The withdrawal fee is also set to one of the lowest in the crypto industry.

2. Strong user base

A strong user base means high liquidity. At the time of writing this article, KuCoin has more than eight million customers. This means that there’s high liquidity. KuCoin claims that every one in four crypto holders across the world uses its service.

3. A wide range of cryptocurrencies

The platform provides for more than 750 trading pairs and more than 380 currencies. You can also choose which pair you want, like BTC, MXR, DAG, EOS, LTC. You can also get tokens like OMG, KCS, DADI, etc.

4. Availability of trading bots

KuCoin provides trading bots that suit people who are new to trading or just don’t have time to set aside for it. The bot will do the trading as per the set parameters. You need not keep tabs on the market or worry about unforeseen market fluctuations. This is the primary feature that attracts users toward KuCoin.

5. Advanced level of charting

The advanced level of charting on KuCoin helps you understand trading strategies better. The app provides analytical charts on everything the trader needs to know.

6. Efficient customer support

The customer support provided by KuCoin is notable. It provides 24×7 live chat services. It is fast and efficient. You can also use the facility to raise a ticket or reach out to support executives via email.

7. Demo trading account

In order to make users comfortable, KuCoin also provides a demo trading account. This demo trading account helps beginners to acquire in-depth knowledge about the trading strategies.

2. The disadvantages of KuCoin

Every system has its drawbacks. Investors have to be cautious about these while using the platform.

1. Limited payment methods

The payment modes offered by KuCoin are limited. Currently, the platform only supports Google Pay, credit cards, and debit cards.

2. Limited educational resources

Being a relatively novel industry, the crypto industry has a steep learning curve. Unless you provide adequate resources to help users onboard the platform, the platform will remain to a few users. In KuCoin’s case, there are limited educational resources. Although there is a blog, it acts more like a promo medium than an informative resource.

3. Not supported in some countries

The KuCoin exchange is not supported in countries like China, Comoros, Seychelles, Syria, Thailand, and the United States.

3. How to Register on KuCoin

You can register on KuCoin by using your email address or phone number. As soon as you enter your email, a code will be sent. Once you enter that verification code, you have to set a password. Read the terms and conditions, agree to it, and select sign up.

( Up to 500 USDT in bonuses for new users! ☞ Register )

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If you use your phone number to sign up, the code will be sent to the phone number. Follow the above process after entering the verification code. You can use an email address only once. In case your country code is not in the dropdown menu, then use your email for registration. If you get verified via KYC, you will have additional benefits.

Once you are done with registering, then go to www.KuCoin.com, enter your email or phone number, and also the password.

Another way to log in to the platform is by scanning the QR code. To enforce security to your account, enable two-factor authentication.

4. How to Buy Crypto on KuCoin

The first step is to fund your account. Then select the ‘Market’ option at the top of the screen.

Next, search for the coin you want. KuCoin will list the coins which you can trade.

Select the trading pair which matches with the coin which you intend to buy. You will then be taken to the main trading screen. Select Market, if you want to buy the crypto at the market price. Then enter the number of coins you want to buy, and click the “Best Market Price button.” Complete the purchase by clicking on the green “Buy” button.

Users can even set a six-digit trading password. You have to input this trading password for withdrawals, transactions, and also for API creation. Remember that this is different from two-factor authentication. To enable this, go to the settings page and choose a trading password on the KuCoin app. You can even buy crypto using credit cards.

5. Buy Crypto using a credit/ debit card

If you want to buy crypto using a credit or debit card, go to the KuCoin home page and click on the “Buy Crypto” option at the top of the page. Select the “Third-party” option.

You will be taken to a payment form. Here, you can choose the currency which you want to buy. Then enter the amount you want to spend and select the crypto you want to buy.

Select the payment method from visa card/ MasterCard or Apple Pay. You will get a list of payment channels. Select the payment channel from the list and then read the disclaimer box and agree to it. Then hit the confirm button. Then you will have to enter the card details and then pay.

6. How to Trade on KuCoin

On the top left of the page, you will find the ‘Market’ button. Click on that, and you will be taken to the market page. Here you can see all the trading pairs. Click on the coin which you want to, and then you can see all the trading pairs with your selected coin.

Nearby some currency pairs, you can see 10X. This means that you can trade this currency pair with 10X leverage.

You can select some currency pairs as favorites, which gives you easy access to that currency pair. You can also search for some specific currency pairs by using the currency option.

The little clock icon on the top right of the page allows you to set price alerts or volatility alerts.

Then transfer the currency to the trading account. For that, just click on the transfer option and select the type of currency which you want to trade and also the amount you want to transfer. Then click confirm.

Before trading, you need to enter your trading password, and then you don’t have to re-enter it for the next two hours.

Select the type of your order and details of your order. KuCoin offers four types of orders:

• Limit order
• Market order
• Stop limit order
• Stop market order

7. Use KuCoin trading bot for easy gains

A trading bot is a way to make profits without observing the market. Almost every exchange platform provides this service, but with the help of a third party. KuCoin has a built-in trading bot that is entirely free of charge. The users can directly start to use it if they have the amount to invest in.

KuCoin trading bots work on the basis of four strategies:

• Spot grid
• Futures grid
• Smart rebalancing
• Dollar-cost averaging

8. How to use KuCoin trading bots

You have different methods to use a trading bot.

Method 1: Log in to the KuCoin app and select a trading bot.
Method 2: Open the KuCoin app, select trade, and then the trading bot.

KuCoin’s official documentation on trading bots will help you use this feature.

9. KuCoin lending for passive income

KuCoin allows you to lend cryptocurrencies to other users with interest rates. This is a peer-to-peer lending process.

The lender has to fill in the details regarding the amount which he is ready to lend and also the daily interest rate (the interest rate is from 0 to 0.2%). The lender can also decide the duration of the term for lending. It can be 7 days, 14 days, or 28 days. The default lending term is 28 days. Both risks and rewards are high in the KuCoin lending service.

KuCoin even provides for an auto-lending option. Here, you can reserve the amount which you don’t want to lend. This is kept as a reserve amount. To do this, just enable the automatic lending option. The lender can set the lowest daily interest rate. The system will lend your fund automatically to other users.

10. Staking on KuCoin

Staking is also an excellent way to make some passive income on Kucoin, which even has a separate platform called Pool X dedicated to that.

Click on the ‘Finance’ button on the top of the page and then select the earn option below that. It will take you to the Pool X platform.

Scroll down and click on the ‘More’ option near to the staking head. The website will provide you with a list of all the coins that you can stake. There are two different ways to stake on KuCoin. One is the flexible term and the other is the fixed terms.

Flexible terms mean you will get a lesser yield, but you will be able to withdraw your cryptocurrency at any time from your pool x account. A list of all the cryptocurrencies available for flexible term staking will be provided. Select the currency you want to stake, and they will show you the annual yield for just keeping your currency in the Pool X account.

Click on the transfer button on the right side and then transfer your currency from your main account to your Pool X account. Enter the amount you want to transfer, or click on max if you want to transfer all of it. Click confirm.

The income which you generate here will be a little lower than the income you would generate for it if you stake it for a fixed period.

While staking for a fixed period, you will lose liquidity. You cannot move the currency from Pool X to the main account before the redemption period is over. If you transfer the currency before completion of the redemption period, then you will lose your interest.

11. KuCoin pool

KuCoin pool is a mining pool that supports proof-of-work assets. It provides only a 2% mining fee. The exchange even has an optimized algorithm to ensure high mining efficiency.

After logging in to the KuCoin account, log in to the KuCoin pool. Create a miner account and complete your miner configuration in the general settings. The platform uses a revenue model that includes FPPS based settlement mode for BTC mining and FPPS based settlement mode for BCH mining.

12. KuCoin has features worth looking at

Although KuCoin is all highlighted with its advantages and what makes it better, any trader needs to know about the drawbacks too before investing. Make sure that you don’t miss the risky elements. It is still in its primary stage. Investing in something new comes with risks as well. The unique features of the exchange may make you blind, but be sure to do your research before investing.

13. Frequently asked questions

Is KuCoin a safe exchange?

KuCoin is safeguarded with two-factor authentication, trading password, and industry-level multi-layer encryption. They also have an internal risk control department, which makes your funds safe and secure. However, being a centralized exchange, it is still vulnerable to hacking and theft. 

Is KuCoin legal in the U.S.?

The exchange does not provide services for countries not listed on the KuCoin website. It does not include the U.S.

Where is the KuCoin exchange located?

KuCoin exchange is based in Seychelles.

Is KuCoin a wallet or an exchange?

KuCoin is an exchange that also features a wallet. The platform combines two different services and provides them together. Although it brands itself as an exchange, it also provides storage services. 

Can I trust KuCoin?

KuCoin has proven itself to be a legitimate service over the years. There’s no reason so far to doubt the exchange’s honesty.

What is KuCoin used for?

KuCoin is a global cryptocurrency exchange platform that lets users buy, sell, store, and lend their cryptocurrencies.

Can U.S. citizens use KuCoin?

KuCoin is not legal in the United States. But U.S. citizens can still use KuCoin by registering via email ID. This comes without KYC registration. So, you may not get the same services as others. Moreover, as it is not legally licensed, and considering the strict regulations for cryptocurrency, you must be cautious while using KuCoin. 

( Up to 500 USDT in bonuses for new users! ☞ Register Kucoin )

Originally published on: beincrypto.com

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Must known Security features of Kucoin clone script

From the recent market analysis, it is clearly portrayed that the entire traditional crypto exchange development has been replaced effectively since the evolution of the Kucoin clone script. After realizing its benefits that have been in abundance, many started utilizing it while they were in thought of launching their own crypto exchange like Kucoin. 

In spite of its benefits, many who made use of this Kucoin clone script couldn’t make their long run. All this is because of the improper selection of the Kucoin clone script which lacks major features. Being such an impoverished service, made the entrepreneurs spend the majority of their time rectifying the errors that chained up along with their exchange. Why be a one among that herd? Let’s break the chain by grasping enough knowledge on the Kucoin clone script before choosing one. 

Generally, the clone script you’re about to choose must be enriched with features that directly impact your business’ growth by elevating it to a greater extent. 
 

Kucoin clone script’s Security features
 

• Verification Through Email
• Jail Login
• Two-Factor Authentication
• Cloudflare Integration
• SQL Injection Prevention
• End-To-End Encryption Based SSL
• Anti Denial Of Service(Dos)
• Cross-Site Request Forgery Protection
• Server-Side Request Forgery Protection
• Anti Distributed Denial Of Service

Looking after these sets of factors before purchasing a Kucoin clone script for your business will be pushing your business profile one step ahead of your competitors. Always ensure to acquire a super-fine Kucoin clone script for your business. 

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How To Buy Senso Coin On KuCoin Exchange

In this video I will show you how to buy Senso coin on KuCoin!

📺 The video in this post was made by How To Explained
️ The origin of the article: https://www.youtube.com/watch?v=dmF5xrfji7M

🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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