Using withdrawn funds

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Is there anything I should know? I’m new to this platform or BTC trading in general just used to buy it off other people. You have KCS/BTC or PAX/BTC so on and so forth but what is this? Does it make a difference in terms of withdrawing and using that balance?

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Posted in Kucoin Reddit

4 Comments

  1. AYAT999 on 19. February 2020 at 3:59

    wow

     


  2. richards_86 on 19. February 2020 at 3:59

    I think you’re missing some very basic information related to trading, and not specifically the Kucoin platform. For instance, KCS/BTC and PAX/BTC are trading pairs…. so if you’re buying KCS/BTC you’d be trading BTC for KCS and if you’re selling KCS/BTC you’d be trading KCS for BTC. If you’re just looking to buy BTC for USD/CAD/EUR and stash it in a wallet (to hold or use), Kucoin isn’t the place.

     


  3. Jainz06 on 19. February 2020 at 3:59

    Kucoin worked good as an exchange for me. Withdrawing and depositing funds were quick and reliable. Trading was also fine but remember if you want to hodl your btc then dont put them on any exchange cause: not your keys, not your coins.

     


  4. YeaManJam on 19. February 2020 at 3:59

    Read up on trading pairs.