KuCoin: The Best Alternative To Binance
Hello my fellow Steemians!
It's hard to trust the many exchanges that are out there. When choosing an exchange it is important to do your due diligence and make the proper comparisons. When evaluating I first check on Reddit to get my initial information and advice from current and past users. I Google their reputation and find out as much information as I can find. I also check their twitter account and see what news is coming out of their team, and all of their future plans/partnerships. Coinmarketcap.com is where I check to see if they are listed in the markets of the coin I am trying to acquire. Steemit is a also a great platform to find information. Once I build trust and have the confidence, I then compare Fees, which is MAJOR! I personally only use Binance and KuCoin. KuCoin is where you are able to find the hidden gems not listed on Binance. Or where you are able to invest in the altcoin prior to their introduction to Binance. I have learned through a couple mistakes that it is better to wait for the coin to be introduced to the platform you most trust rather than jumping into new exchanges. Timing is everything in this game, and patience is key! Better to pay the smallest of fractions of a penny, and we're talking decimals, then to jump into something out of impulse. And if you view the charts you will see that a lot of the time the price will drop back down to where it makes sense to wait. It's bettter to be safe than sorry. I also reach out to the altcoin's administration email to see if they have any plans on joining these two platforms.
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet