We are pleased to announce our next AMA on November 12th 2020 at 11:00 AM UTC Time: Satoshi Club x KuCoin
⚠️Click to see the hour
⚠️Total Reward pool: $1000
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join KuCoin Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. KuCoin Team will select 10 questions and answer them.
Part 3: 800$ – A quiz about KuCoin
For more details:
KuCoin – @Kucoin_Exchange
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
If a customer doesn’t have an account, please register via the following link：
https://bit.ly/32rql11
Recently, Kucoin has been hacked. What upgrades does Kucoin have to protect against hackers?
Trusting in the #KuCoin, I also want to make a profit so what is the marketing strategy of #KuCoin to attract investors and expand market?
There are many type of project and the most project are scam……
How to prove you’re project is BEST?
The covid-19 effected all around the world…… In this time how to improve you’re project in world wide?
What are the main role of you’re project ? Can you explain in Details about Project’s Work and Mission with work of Token in Entire ecosystem?
This is a experience for a small user making trade in kucoin. The fee to withdrawal some tokens erc20 and some coins like btc and ltc it’s expensive and this is hard for me. Do you have any plains to make it better?
I use so much dogecoin for a lot of things like pay tasks in telegram and to make tips to my friends. It’s a stronger social coin with low fee to transfer and you can do a lot of things I can’t see this coin listed in kucoin. Have any plans to list dogecoin?
Do you have any plans to create a descentralized exchange of kucoin? This service is growing so fast and people prefer because you have control of your tokens/coins
On November 6th 2020 Kucoin announced that they were partnering with NewsCrypto to launch a Trading simulator 2.0 which is a new demo trading system that will allow users to learn how to trade before entering real markets… Will this simulator be an integration with the Kucoin exchange or built as a separate platform, what kinds of trades can users learn from the platform, and what pairs and how many will be made available for new users to learn with
In September This year Kucoin had a Controversial Listing Experience with SaTT, which led to the termination of the listing process of SaTT, what really transpired, what were the specific issues wrong with their code, Why did Kucoin not ensure that all the necessary requirements were met before even announcing the listing process was that the first time a listing process is being terminated by Kucoin, and how are you preventing occurrence of such events in the future
It is important today that users are able to convert their Crypto currencies to Fiat of their respective Countries and vice versa this will bring in more adoption and Users for any centralized exchange offering such services.. where does Kucoin stand in terms of converting Crypto to Fiat after trading and also withdrawing to traditional banks.. do you have plans of bringing in such features in the future especially for regions with high amount of users.. will your FIAT Gateways support This
Recently there was an unexpected hack incident on KuCoin. The team has stated that the KuCoin insurance fund will cover the losses. What are the improvements from KuCoin especially in terms of security, so that this incident does not occur in the future?
Futures trading is a quick way to make a profit, but on the other hand it can drain your capital quickly. Many traders fall into this situation due to a lack of understanding of futures trading. What are KuCoin’s strategies to increase understanding of futures trading, especially for beginners?
You just recently experienced a hacking incident. With the very tight competition between CEXes, did you loss significant numbers of users/traders and how did your platform cope with the huge loss of profit from that time?
With the defi hype today, how is your platform responding to the rise of the DEXes?
Congratulations to your successful partnership with NewsCrypto. The Trading Simulator 2.0 already launched. How many traders are using it daily and did the Simulator met your desired outcome so far?
After the “Kucoin incident” more than a month ago – where hackers managed to deal what could be considered a potentially impactful blow to the exchange – Kucoin has promptly reassured their users, announcing the intention to take full charge of refunding any losses users incurred into due to the hack. Some news initially estimated damages for circa 150 millions of dollars, which were partly recovered later, according to other sources. It’s still quite natural for me to ask: which financial sources will be employed to cover the losses? Will the insurance fund issued by Kucoin still be enough?
I’m also a recent Kucoin user, and I was lucky enough to say I wasn’t truly impacted by the recent hack. I do believe Kucoin acted swiftly and managed a dire situation quite egregiously – being open about the issue, acting swiftly and reassuring users. But one of the things I’ve noticed is that many ERC-20 tokens withdrawal is still suspended. This situation still creates inconveniences for many users. When would you estimate that will this be resolved?
Recently Kucoin launched an interesting “3-promotional-offers” package: a 10% off trading fees for 10 days for anyone new to Kucoin; a 100$ futures giveaway to people who are trading on futures (by achieving a certain threshold); and a free airdrops of tokens based on trading volume.
Since almost all of the three promotions are based on the activity/volume generated, are these offers also valid if users utilize the KuCoin trading bot developed by 3Commas? Or is “manual” trading activity a mandatory requirement to participate & win in these promotions?
On your website, I found this information about you: “Top 1 – Top Exchange Platform in Globalization Deployment”. Can you tell us what is this and why is it important? What does globalization deployment mean?
What are the lessons that you and your entire Kucoin team learned after the hack? Where did we go wrong? Have you solved the issue of what was executed correctly and what was wrong, and secured these errors never to happen again?
What is the Kucoin Token listing and delisting strategy? what criteria are taken into account?
After the hacking, there was a trust problem. What are the innovations and campaigns that we will implement to gain the trust of the investors again?
Looking back on Kucoin, what is your biggest motivating success in 3 years?
The hot topics in 2020 are defi, yield farming, staking … What is Kucoin’s perspective on these issues? Which one do you follow a policy that gives priority
What is KTS LockDrop and what is it intended for?
KuCoin launched its Global Partnership Program, what is the main focus targeted with these partnerships? and which companies / exchanges will be in these partnerships?
Each state has different crypto regulations, if the regulation changes in X countries where you have a large number of users, will Kucoin arrange a different program for the necessary infrastructure and users of X countries?
What will be its main function in Kratos Kucoin? Will it be based on a parallel system like the parachutes on Polkadot?
As a trader on kucoin Recently we all know kucoin get hacked,what protective measures are enabled us to trade in kucoin without fear,even though kucoin recovered the loss money for its users?
We are all exited to ask questions about the roadmaps of kucoin , what are kucoin aiming at currently when looking at future?
After the Kucoin hack incident markets reactions was not abnormal like the hack incident was in exchange like Binance. Despite the Kucoin token KCS value is in declining condition until now after hacking incident.What do you think that why KCS is still unable to regain its value and message for holders?
KuCoin got very hard attack from hackers and so much funds got stolen and KuCoin twitter is restricted too. What upgrades KuCoin developed so this won’t happen again, did funds stolen got returned? How this happend to this big exchange platform?
I was using other exchange platforms for trading and I got rug pulled once, but I never used KuCoin and I saw KuCoin listed so much coins and tokens and I am scared to get rug pulled again. Is there any way rug pull happens with KuCoin and is KuCoin checking before listing some token? Does project needs special requirements or only to pay listing fees?
How often KuCoin is listing new coins and how can token developers apply for token listing? Is KuCoin charging only exchange fee, is there anything needed to get listed on KuCoin except paying for listing fee?
As a Kucoin user, there are some features in your App that not so clear to me like Kratos Voting. Can you explain more about this feature in your platfom? How to participate in Kratos Voting? Who can participate this Voting? What is the purpose of this feature and what is the benefit that it will give towards your users? Thank you
Can you explain the benefits of KCS holder in your platform? What is the minimum amount to hold in order to get a bonus?
Recently a new Financial Gate is becoming popular, the NFTs what Kucoin thinks about the NFTs?
We have a lot of offers in the crypto market and the competition is very strong. I make trades in ftx and don’t have any fee to withdrawal any tokens and with a lot of dex i don’t need to login in a centralized exchange and i can make my trades security in my wallet. Have other services dex to make swap descentralized with others blockchains. Kucoin have a plain to create a descentralized exchange to sign this other services?
Is true that Kucoin and Poloniex are working together to improve both Exchanges? Can we know how?
Kucoin is a global exchange, so is impact is not a little thing, I really want to know that is your opinion about the South America territory? How Kucoin aims to left its Mark there?
What are the strategies of Kucoin to attract more projects to the Kuchain like COMBO ? Why the user should use Kuchain?
I am a regular user of Kucoin and I know your capacities to rise against any problem, but not all user think the same, so can you tell me what are the new security terms that you have to obtain the user trust again?
I really want to know, Did you catch or have any suspects related to the hacking event?
Kucoin has an innovating Lite platform for beginners. But, for a newbie in this crypto world can be a little difficult to understand at first. Is there any advisory team for the new users?
What is the latest news about the security accident, has the Kucoin team provided a sense of security to all users? or is there anything that should be improved?
About the soft staking for holders. How ofen does the expected annual yield are actualized and what is it based on?
How important is security for KuCoin? and how is the support for users if they have any security issue, like an account theft or hacking?
Kucoin is part of Project Pinocchio, How can this platform detect missbehaviors? What are the actions taken against dishonest users? Hope it can make a safer community
Why is KuMEX superior to other futures platforms? Which coins and pairs are part of it?
Kucoin’s architecture was designed back in 2013, but it wasn’t released until 2017, 4 years after! what was the team focusing on that time? Why did it take so long until it wascready to be out in the world?
Kucoin has a great team and it is very organized, how do you defend your position as a cenrralized exchange, when the crypto space is each day turning more decentralized? Do you think someday you’ll have to change the structure, or that centralization will stay in specific cases like top exchanges?
I know this is a sour question but I want to talk about the hacking attack that Kucoin suffered weeks ago. How has the platform overcome it, how is your security system stronger now? How has been building back trust in the community?
What are the next steps that KuCoin will take after the KuCoin Security Incident occurs? Yes, at that time my balance was still SAFU, how can KuCoin ensure that events like this don’t happen again
I want to ask about yesterday’s incident
has the perpetrator been caught?
and how many losses did kucoin experience?
Can Kucoin replace or compensate the affected accounts?
If I want to withdraw my money to an ATM from KuCoin, can I? Are only some of the big bank names that can?
Has Kucoin’s security gotten any better after yesterday’s theft incident?
and how do you prove to a project that will enter in KUCOIN, that it is safe
About KuCoin Futures Brawl and its prize pool of $ 15k, is the winner of this event only the person with the largest trading volume? How fair is KuCoin Futures from the cheating of the developer itself?
what are the benefits of KCS, what are its uses and benefits
Where are the collateral or funds stored or used by the Kucoin How secure is a user’s fund in the Kucoin Platform?
Why is it better to hold an aToken, than the proper token it is backed in? What are the benefits for the user?
Can you tell us what the project is about in a few simple sentences? Please try to make it as simple as possible for us peasants.
the kucoin hack leaves a bad taste in kucoin user experience, what improvement has been done to avoid another such issue ? Do you think there will be tighter controls by local govt in the near future ?
many ampleforth users has been complaining that the price on the exchange is very much lower than the price in the market, can you comment on that ? moving forward do you think there will be no security measures that the user need to key in before withdrawal ?
after the kucoin hack, many of the blockchains has started to either freeze or disable the tx of the stolen coins, this is good for the investor but will this be detrimental to the decentralization concept, where one central authoritative body is still controlling the movement of the assets ?
Is KuCloud the same as spot trading in general? And what is the relationship between KuCloud and XCOIN and XMAX?
What are the advantages if I stake in Pool-X compared to other platforms?
What is the difference between KCS and KTSt tokens? Does KTSt token have any use in KuCoin?
How can a coin be listed on KuCoin? What are the requirements? How does KuCoin handle coin listed as a fraudulent project?
I would like to take this opportunity to express a little of the distrust that you have generated in me as an Exchange Platform. Two months ago I started with you and everything was going to be perfect, but in the meantime there have been many tokens “in maintenance” that have remained so not only days, nor weeks but almost a month. My dissatisfaction increases when it turns out that the tokens available to make movements (transfer and deposit) are those that have the most expensive commission, one of the most used as TRX for having low commissions is also in “maintenance”. I hope you can tell me the reason for such a long wait. Thank you.
Your own token KCS was making progress before the incident. Then it decreased considerably as expected. What about after now, how prior is KCS token for Kucoin? Will you be focusing on it to bring to a better position? What actions will you take to make KCS to the moon?
Have you updated and improved your trading platform? I only used it once and I didn’t feel like it anymore, since the price was on one side and the chart on the other, it was a very bad experience indeed.
Tell us a little bit about your Futures Brawl service, how does it work and is it anything like the famous binary options?
I see that Kucoin recently focuses on “Futures”. What are the advantages that Kucoin offers by Futures? Why should users invest in Kucoin Futures?
One hot topic for Kucoin is “Kratos”. What is Kratos? What are you aiming with it? Is there any relation between Kratos and Kuchain?
What is the fundamental difference between KuCoin and KuChain? What is the role of KuChain to KuCoin?
Does KuCoin have features to learn to trade? So that it is possible for beginners to trade without hesitation and know the risks
I don’t really use Kucoin but I have heard about you from the famous red envelopes. What is this and how does it work?
Forgive the direct question but I wish you could answer me honestly Why use Kucoin instead of Binance?
Is there a promotion or raffle at this time in Kucoin in which I can participate?
lets be honest,
Does the users of Kucoin decline with the latest hacking incident?
Kucoin is a very Nice Exchange, it has a variety of tokens and a nice platform. As a global project, how do you plan to cover more and more market? Are you planning to spread to countries like Venezuela?
All projects were alerted in terms of security since the Kucoin situation. How does Kucoin plan to reposition itself in the market and regain the trust of those affected users?
There are more than 28 exchange security incidents in 2019. Do you think that users’ KYC information has been compromised?, this is concerning!. How are KYC information protected in your stock? Is it possible to seize or leak KYC information?
What do you think about the risk of someone manipulating the symetracial liquidity pool? In that case, do you have a plan to prevent liquidity wash trading in Kucoin?
About your cashflow. Can you still cover your cost? How are your current tokenomics?
Will you consider a Rebrand in Kucoin company?
because some Exchange do that just to add some new and fresh materials.
I think one of the important factor that All sustainable blockchain projects should focus is Adoption. Could you Please tell me what KuCoin already do and plan to achieve Adoption in the reality and real use cases?
Your team is systematically cleaning up the listing and removing any coins that might be malicious. How do you determine that a particular coin can harm your platform?
As a KuCoin user, i saw the Volume of trading from your platform is pretty low, Do you have any plan to increase the overall volume so users have better volume?
Quite often I came across poor quality work of technical support on different sites. How do operators work on your platform? Will I be provided with operational support if needed? And at what time can I shout: “Help!” or can your tech support help you around the clock?
I do not have an account on your exchange yet. But! I would like to clarify something. Is it possible to create an account for residents of Russia? And in what cases is identity verification required?
There is one option to collect candy in KuCoin, Can you tell what will be usecase of candies in future?
Do you think BINANCE copied kucoin future battle option?
And How KuCoin is different from other exchanges?
Can we expect to get NFT from KuCoin candy?
Or it will remain useless and people should stop collecting it
After KuCoin getting hacked, what are KuCoin efforts to restore user trust again? Actually im still using KuCoin until now but looks like withdraw in KuCoin become slower
Tell us about the use case for KCS
Nowadays, there are more and more projects that try to combine the best of CEX and DEX. Are you planning to launch your own DEX or add swaps to the existing platform that have become popular thanks to Uniswap?
It’s hard to fight for a place in the sun with such giants as Binance, Coinbase, etc. Is there a separate team that deals only with the fight for the user? What are you doing to attract traders and increase turnover on the exchange?
To avoid diluting the pool, there should be maximum cap of Tokens to be owned by the owners.
What’s the owners Token in Kucoin and how long will the tokens be locked?
What are the criteria you look for when listing a new coin? What is the location of Decentralize finance tokens in your exchange?
I really want to participate the Futures Brawl event, but I get a hard time understanding it. I don’t know what to do? Can you share to us the step by step guide and the terms and conditions? And what are the benefits and rewards in participating this event?
Regarding on the KuCoin hacking incident, how did you compensate your users that has gone/lost funds in their accounts? Did you paid them the full lost, what did you do to let them remain investing in KUCOIN?
as one of famous cryptocurrency exchanger in the world, do you have any plan to release new feature for KuCoin in the future?
I’m a newbie trader in the world of crypto, what advantages does your platform offer ahead of it’s competitors? And what percentage of trade is given back to the trader as KCS?
What are the requirements your team looks at before it allows a token to list on your platform to prevent users from falling prey to rug pull?
What is the reason behind the remained deposit/withdrawal suspension of almost ERC-20? Are you afraid that your investors might withdraw all their ERC-20 funds and release KUCOIN as one of their CEX?
some time ago Kucoin was hacked by irresponsible people so that many people were disappointed with the Kucoin platform. What did you do to get rid of feelings of disappointment and restore the trust of people who have been disappointed with kucoin?
I have been a supporter of the Kucoin exchange since 2017, that is, almost from the beginning. I really like your stability and customer focus. How can I increase my portfolio of KCS Tokens, apart from the bonus program I already use.
Dear JOHNNY LYU,
You claimed that $vi tokens were stolen from the hacker. $Vi team swapped all the existing wallet address excluding the hacker. Just yesterday you enabled vi withdrawals with the old tokens.Where do you get the old tokens since all have been swapped. Do you negotiate with the hacker? Or is there something you aren’t telling us?
This Kucoin definitely has a very professional team in their respective fields. Then why can this kucoin be hacked? even though this kucoin is a large exchange and is definitely supported Also from this extraordinary team.
Withdrawal of Ethereum based tokens in KUCOIN is extremely expensive. Imagine someone withdrawing $KICK tokens and paying 150,248 $kick as withdrawal fees. Just imagine what this huge amount of kick will become in the future. Do you plan reducing these fees?
I love KUCOIN. I repeat. I love KUCOIN.But recently KUCOIN have lost VOLUMES as a result of the KUCOIN hack. What plans do you have in place to restore the lost confidence and trust of your user’s considering the fact that you have a strong Competitor -BINANCE
I admire how you manage to quickly list new cryptocurrencies, round-the-clock support, trading volumes, and more. Tell us about your management team, about this success team.
Recently you released Kucoin mobile web version, could you tell us more about it’s advantages? And also about it’s security, as i was always afrade to trade from my mobile. What should i do to be sure that my account is safe?
A lot of very big exchanges still don’t offer services to customers from the US. Don’t you think that this is quite a big market? When do you expect to have it covered?
It is possible to launch xcoin and XMEX exchange services on Kucloud. You help create everything from the logo to the interface and take on the full launch. What does the customer need? It should be a contract for some amount? Tell me how much is it really possible for the average entrepreneur to run it?
Please shed some light on KuChain. What parameters, whether applications are developed separately for this network. What are the advantages over the ETH network and BTC, will your KCS or POL token be transferred to this network or will it remain on the air?
Please help me understand what is Kratos? Is this a network, an extension of Kuchain, or is kuchain part of Kratos? What this technology will give and what problems it aims to solve. If you can not use dry technical language, but more understandable for the average user.
Am interested in staking, what are the criteria for staking tokens in Kucoin
What are you committed to providing for the people exchanger who choose Kucoin as their trading platform?
Could you explain about what is the VIP level on kucoin exchange?
What is the requirements to be VIP user?
And what is the benefit for user ?
I see that Many exchange still don’t have this feature, the feature is to swap left over tiny ballance of a token/coin that we just sell to some Coin than just left it there being useless, in the future will kucoin have feature to handle this problem?
after The hacking accident recently, how does Kucoin evaluate and improve the security system to avoid any of this hacking activities happen again in the future !?
Yield farming and DEFI projects are the trend of 2020. How does Kucoin contribute to the development of the DEFI space and what innovations has Kucoin brought to Yield farming?
Do you think new DEX protocols like Uniswap and Balancer can completely replace the traditional exchange ordering model. Do you think CEX and Kucoin services will be in demand for a long time?
More and more new projects are doing initial distribution on DEX in IDO format. What do you think about this ? And how will your Spotlight token sale platform change?
How will the Kratos network interact with KuChain? Will it be like parachains in Polkadot? How will they complement each other?
DEFI projects are mushrooming, and many of them are controversial, some outright fraudulent. How is Kucoin involved in the development of the DEFI space and how do you plan to change the current state of affairs?
What do you think about the integration of CEX and DEX in connection with the active development of Uniswap and Balancer? Could KuCoin be a bridge between centralized exchange and DeFi?
A question about a hacker attack on Kucoin. I cannot withdraw my FET coins from the exchange. When will FET contracts be updated and token withdrawal available? Did you manage to recover the stolen funds?
What do you think about the desire of states to create a CBDC and the persecution of the BitMEX trading platform by US regulators? Does Kucoin face a similar scenario?
You recently celebrated the 3rd anniversary of your platform. What have you managed to achieve during this time? And what are your next steps in the crypto industry to remain a top exchange with a lot of users?
Hоw dо yоu fееl about wash trading by market makers on the KuCoin exchange? Can yоu bе surе thаt thе trаding vоlumes оn KuCоin аrе nоt fakе?
Tеll us аbout thе DеFi liquidity program, what is it and what are the gоаls оf implеmеnting it on the КuCоin plаtfоrm?
Until a certain point, Kucoin rеmаined 1 of 3 exchanges that had never been hacked. Kucoin, Okex and Huobi. The time has come when Kucоin got hаckеd. What disаdvаntаgеs led tо this? Why wаs Kucоin unаblе tо rеsist this аttаck?
One of the most popular problems for newbies is the deposit and withdrawal of fiat money. How is this feature implemented on Kucoin? Are you planning to issue a payment card using Visa or Mastercard?
The Cоpy Trаdе functiоn is great for a novice trader. Does Kucoin offer this feature? Whаt is thе strаtеgy fоr rаising аwаrеnеss of Kucoin in the nоn-сryptо spаcе?
Almost everyone in the industry knows about Kucoin as a large exchange. So over the past time which coins are holding positions and developing more than other coins you know? Lately perhaps all of Kucoin’s news has been subjected to COMBO. Is this that special coin and are you only interested in it?
Currently on Kucoin, there are many news about hacker attacks. So can you verify that is correct? And what updates have been made about the security of users’ accounts and information? Can you briefly talk about it?
Lately every news of Kucoin probably has the subject of COMBO. Is this the most preferred or most special copper? And are you only interested in it but less attention to other tokens?
kucoin recently partnered with one of the NFT developers … what do you think about the development of the NFT and whether in the future kucoin will present an NFT exchange like opensea?
what benefits do we get for retaining the 0.1 $UNDP token and using #UniDexBot? We all know that the cost of gas is very expensive, how does the #UniDexBot team respond to that.