Kucoin and Webull are two of the best crypto exchanges available in Singapore. In today’s article we’ll compare the two of them head to head so you can figure out which one is right for you.
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|Currencies Accepted||AUD, USD, EUR, GBP, RUB, CNY & 40+ more||USD|
- Large crypto exchange with over 8 million users worldwide
- Strong user base
- Not licensed in the U.S.
Kucoin is a cryptocurrency exchange that offers trading in Bitcoin, Ethereum and 400 other cryptoassets. It has been around since 2017 when it first gained popularity amongst its users, making them one of Singapore’s most recognized exchanges.
- No minimum deposit
- No deposit fee
- Credit/Debit card deposit is not possible
Webull, an American cryptocurrency exchange platform, has been in the crypto industry since 2017. It is one of the most trusted exchanges in the country and includes cryptocurrencies such as Bitcoin, Ethereum, XRP, and 100+ other digital currencies.
It’s important to consider the fees associated with trading platforms. Here is a comparison of Kucoin vs Webull, two popular exchanges:
Kucoin takes 0 fee for deposits, where Webull charges a 0.
When buying crypto, Kucoin charges 0.1 of your purchase price while Webull charges variable spread.
You should also consider sell charges which vary. Kucoin charges 0.1 while Webull is variable spread.
Kucoin offers 4 methods to deposit AUD, USD, EUR, GBP, RUB, CNY & 40+ more. These are:
Paypal, debit cards, credit cards and Apple Pay
The daily deposit limit is 0. Most people won’t need to worry about hitting that limit.
Webull offers a few methods to deposit AUD, USD, EUR, GBP, RUB, CNY & 40+ more to your account. They are:
The daily deposit limit is 0.
Overall, Kucoin is a better option because it has more deposit methods available which makes it easier to transfer funds.
Kucoin also takes security seriously with several measures in place for protecting your assets. Among these features are:
Offline cold storage
Webull also has security measures in place and here is what they do to protect your assets:
offers twofactor authentication
regulated by the Securities and Exchange Commission
Financial Industry Regulatory Authority
Both exchanges are definitely secure, though it appears that Kucoin has better security features over Webull.
Kucoin mobile app is highly rated by their users with a user rating of 4.5 on the Apple app store. It has a great and easy to use user interface.
Webull also has a great mobile app. It’s very simple for beginners, however it does lack some advanced features that experienced traders will miss.
Kucoin is your best bet for traders who value a great mobile app.
Either exchange is a great choice with a great service but Kucoin comes out on top for me.
Sign up now using the links below: