Comparison of Kucoin vs Blockchain.Com [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Kucoin vs Blockchain.Com comparison!

Your expert: Alejandro Borja

kucoin

Kucoin

Your expert: Xavier Tarrasó

blockchain

Blockchain.Com

Main points

Fees

≈ 0,10%

Earns

No

Customer service

4/5
0,40%/0,45%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

Yes
Yes

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.3 – Competitive fees with additional rewards for using the native token.
3.8 – Reasonable fees with a focus on security and ease of use.

Level

≈ 0,10%
0,40%/0,45%

Brief explanation

KuCoin is renowned for its competitive and appealing fee structure, which is a major draw for traders. The exchange operates on a tiered fee system based on the 30-day trading volume, where fees are reduced as trading volume increases. Typical trading fees start at 0.1% for both makers and takers, which is already lower than many other exchanges. Additionally, users can enjoy further discounts on these fees by holding and using KuCoin’s native token, KuCoin Shares (KCS), to pay for trading fees. This incentivizes both higher trading volumes and the use of KCS within the platform, making it economically beneficial for frequent traders and KCS holders alike. Such a fee structure not only enhances trading profitability but also promotes greater liquidity on the platform.
Blockchain.com maintains a competitive fee structure for its trading services. The platform charges a dynamic fee for transactions, which typically aligns with industry standards to ensure affordability while maintaining high-quality service. For cryptocurrency trading, the fees vary depending on the market conditions and the type of transaction, such as buying, selling, or exchanging cryptocurrencies. It’s important for users to review the specific fees associated directly on the Blockchain.com platform before executing any trades to understand the potential costs involved fully. This fee structure is designed to be transparent, allowing users to make informed decisions without hidden charges.

Kucoin

Blockchain.Com

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Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

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Direct link to the website

Product selection

Native token

Token KCS (KuCoin Shares)
No

Earns

No
Yes

NFT marketplace

Yes
No

Cripto/debit card

Yes
No

Company information

Full name

Mek Global Limited
Blockchain Access UK Ltd.

Regulation

Not regulated
Not regulated

Year founded

2017
2011

Founder

Michael Gan
Ben Reeves (parte del equipo original de Coinbase también)

Payment methods

Transfers

No
No

Mastercard

Yes
Yes

Wire transfer

No
No

Card

Yes
Yes

Comparative table

Kucoin FEATURES Blockchain.Com
KuCoin allows users to trade with small amounts, making it accessible for beginners or those trading on a budget.
Minimum Trade
Blockchain.com allows users to start trading with a relatively low minimum, accommodating smaller budgets.
KuCoin offers competitive fees, with low transaction costs compared to other exchanges.
Trading and Transaction Fees
Fees are somewhat higher than competitors, which could be a deterrent for high-frequency traders.
Supports over 600 cryptocurrencies, providing a wide range of options for traders.
Number of Cryptocurrencies
Supports a wide range of popular cryptocurrencies, providing good options for diversification.
Offers a vast array of trading pairs, enhancing trading flexibility and opportunities.
Crypto-to-Crypto Trading Pairs
Offers a solid variety of trading pairs, allowing users to trade popular crypto combinations easily.
While generally transparent, improvements could be made in regulatory and security disclosures.
Website Transparency
The platform is highly transparent about its operations, fees, and security measures.
The Kucoin card has a wide range of services, providing convenience and accessibility for in-store purchases, while facilitating the conversion of cryptocurrency to fiat money. It also provides cashback and other benefits. This feature enhances the user experience by expanding the possibilities of using cryptocurrencies in everyday life.
Credit/Debit Card
While Blockchain.com provides a robust platform for trading and wallet services, the lack of a branded exchange card limits the flexibility for users to spend and earn rewards directly from their cryptocurrency holdings in everyday transactions.
Provides secure storage with advanced security features, though not as comprehensive as some specialized wallets.
Storage Offering
Provides secure storage options including cold storage, ensuring high safety for user assets.
Offers competitive staking options and rewards, but not as extensive as some exclusively staking platforms.
Staking and Rewards
Limited options for staking and rewards, which could be improved to enhance user investment benefits.
Both platforms are well-designed, intuitive, and offer full trading functionality.
Mobile App and Desktop
Both mobile and desktop platforms are user-friendly and well-designed, offering seamless trading experiences.
Responsive and helpful, but sometimes experiences delays during peak times.
Customer Service
Customer support is available but response times and effectiveness can vary, indicating room for improvement.
Supports multiple deposit and withdrawal methods with relatively quick processing times.
Deposit and Withdraw
Efficient deposit and withdrawal processes, though some users may find the options somewhat limited.

Key features

Analysis tools

Advanced charting tools, technical indicators
Price tracking, but limited technical analysis tools

Mobile APP

Yes
No

Security

High 4,9/5
High 4,9/5

Additional features

Margin trading, futures trading, staking, KuCoin Earn
Blockchain wallet, lending services, staking, institutional services

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

400+
40+

User-friendliness

KuCoin offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
Offers a user-friendly interface that is easy to navigate, making it suitable for beginners. The platform provides essential features without overwhelming new users.

Value for money

Provides good value for money with competitive fees, a wide range of supported cryptocurrencies, and additional earning opportunities.
Offers reasonable value for money with competitive fees and a strong focus on security, though it may lack some advanced trading features.

Countries of operation

Global, including United States, Canada, United Kingdom, Australia, Germany
Global, including United States, Canada, United Kingdom, Australia, Germany

Best for

Ideal for traders of all experience levels looking for a platform with a wide range of cryptocurrencies and competitive fees.
Best for traders who prioritize security and want a straightforward platform with competitive fees.

Base currencies available

USD, BTC, USDT
USD, GBP, EUR, BTC

Account

Trading

KuCoin provides a wide range of cryptocurrencies and competitive fees. It offers advanced trading tools and a user-friendly interface, making it suitable for both beginners and experienced traders.
Blockchain.com provides a secure trading platform with a good selection of cryptocurrencies. It is easy to use but has higher fees compared to some competitors.

Deposit and withdrawal

KuCoin offers multiple deposit and withdrawal methods, including bank transfers and crypto. Withdrawals are processed efficiently, usually within a day, with low fees.
Blockchain.com offers multiple deposit options like bank transfers and cryptocurrencies. Withdrawals are processed efficiently, usually within a day, with low fees.

Account opening process

KuCoin provides an easy and fast account opening process. Users need to provide personal information and verify their identity. The process is fully digital and usually completed within a day.
Blockchain.com offers a straightforward and user-friendly account registration process. Users need to provide personal information, verify their identity, and the account is usually approved within a day.

KYC required?

Yes
Yes

Customer Service

KuCoin provides extensive customer support via email, live chat, and phone. The support team is responsive and available 24/7, making it reliable for users globally.
Blockchain.com offers customer support through email and live chat. The support team is responsive, but the absence of phone support and limited availability can be a disadvantage.

Security

KuCoin provides robust security with 2FA, encryption, and cold storage. However, it is not regulated by major financial authorities, which might be a concern for some users.
Blockchain.com offers strong security features like 2FA, encryption, and cold storage. However, it is not regulated by major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

In concluding our comprehensive review of KuCoin as part of Threenvest’s analysis, it’s evident that KuCoin stands out as a formidable player in the global cryptocurrency market. With an expansive array of over 700 cryptocurrencies available for trade and a presence in over 200 countries, KuCoin offers a rich trading experience that caters to both novice traders and seasoned investors. The platform’s strength lies in its extensive selection of trading options which includes spot, margin, and futures trading, alongside advanced features like leveraged tokens and a robust API that appeals to a technologically savvy clientele. However, KuCoin’s lack of formal regulatory oversight in significant markets like the U.S. poses a considerable limitation, reflecting a critical area where it trails behind competitors that boast strong regulatory frameworks. From Threenvest’s perspective, while KuCoin demonstrates robust security measures and a commitment to user safety, exemplified by its recovery actions during the 2020 security breach, potential users should weigh these against the absence of regulatory assurances that can offer additional layers of protection. The platform’s innovative approach to customer service, extensive educational resources, and competitive fee structure further solidify its position as a top choice for users looking to explore the crypto space. However, the challenges associated with regulatory uncertainties and potential geo-restrictions should be carefully considered by anyone looking to engage with KuCoin. Overall, KuCoin’s offerings make it a worthy consideration for those seeking a comprehensive and dynamic trading platform, provided they are comfortable with the associated risks and limitations highlighted in this review.
As an expert on our website, I recommend Blockchain.com for those who prioritize security and a user-friendly trading environment. It’s particularly suitable for new entrants to the cryptocurrency market, thanks to its intuitive interface and robust security measures. However, potential users should be aware of its higher transaction fees and mixed customer service reviews, which are areas the platform could improve to enhance the overall user experience.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Kucoin and Blockchain.Com