The Ascent has been announcing ‘Best of’ awards for various finance-related products and services since the year 2020. It has declared KuCoin Exchange as the best cryptocurrency app for 2022. Apart from choosing the best cryptocurrency app, the company has also given ‘Best of’ awards in certain other categories including personal loans, car insurance, credit cards, stockbrokers and mortgage lenders.
About the Ascent
Well known personal financial and investment advisor company Motley Fools is the organization behind The Ascent. The Ascent is a trusted product of the company that has been providing personal finance solutions using its 28 years of expertise.
The Ascent employs a transparent rating procedure to ensure fair decisions for these awards. Parameters used for choosing the best cryptocurrency app are:
- Customer reviews
- Available coins
- Rules of KYC
- Security features
- Fee structure
- Accessibility of crypto wallet
About KuCoin Exchange
Popularly recognized as the people’s exchange, the KuCoin exchange has attained more than 10 million users since its inception in 2017. KuCoin Exchange has become a hub for 630+ altcoins and more than 1100 digital trading pairs.
Unique features of KuCoin Exchange:
- Supports the barely supported niche altcoins.
- Offers P2P fiat trading and spot trading
- Offers crypto derivatives trading (KuCoin Future)
- Offers peer-to-peer crypto lending
- KuCoin margin – margin trading
- KuCoin Earn – Staking platform
- KuCoin S – Social trading
The research and investment department of KuCoin Exchange called KuCoin Labs has invested $100 million for new ventures in the field of decentralized finance (DeFi) and metaverse endeavours. It is evident that the growth of this Singapore based crypto exchange is remarkable and the firm is ready to pave its way into the future.