Among so many crypto exchanges to buy or sell crypto, KuCoin is the best, and according to Token Insight, KuCoin is the exchange with the most widely distributed visitors. Furthermore, KuCoin was rated as one of the 10-A-rated exchanges by the report released by ICO Rating. Though there are numerous reasons for KuCoin being a wonderful exchange but supporting crypto purchases with 50 plus fiat currencies, margin trading supports crypto such as BTC, ETH, KCS, ALGO, and many more. All of these contribute to KuCoin being the better crypto exchange.
Let’s Explore BTC In Detail
Bitcoin is the first digital cryptocurrency not regulated by a central authority such as a government or bank. Bitcoin gives complete control to users instead of financial institutions. With time Bitcoin has grown in popularity.
Interesting Truth About BTC
Now let’s see some of the exciting truths about BTC. The first fact is well known as a satoshi. So what is a satoshi? It is the tiny unit of a Bitcoin. The following truth about Bitcoin is that the user must be cautious with BitCoins because dropping the Bitcoin key means no longer having the unique identification and all the bitcoins in the purse. Now talking about power and time consumption, mining BTC is costly. The user has to pay more money, hours, and energy. The quicker the user operates the details, the speedier stop can be attached to the blockchain, and the faster the users are awarded BTC.
Apart from the facts mentioned above, another fact is the bounded supply of BitCoins. Though BitCoins are still very popular, they are in limited numbers, twenty-one million. Last but not least, one fascinating fact is about the first BitCoin proceedings. Exciting to know what was bought by it? Laszlo paid 10,000 BTC in 2010 for two pizzas from Papa John, which cost about $41. Isn’t it interesting?
Let’s See The Process Of Buying Bit Coins
The user can buy Bitcoin through digital wallets, Bitcoin ATMs, and traditional stock brokers, among other options. However, cryptocurrency exchanges are the fastest and easiest way to purchase Bitcoin. The user has to create a KuCoin account by
Visiting KuCoin.com to sign up. The next step is to buy Bitcoins. As mentioned, KuCoin offers excellent service and provides many different payment modes. Then, fund the account with crypto and exchange it for Bitcoin. Thus upon completing a Bitcoin purchase, the user can securely hold Bitcoin on KuCoin or transfer it to a wallet.
Let’s Quickly Peep Through The Price Of Bit Coin
The current price of BitCoin is 23,276 USD. And Doge Price is 15.40PKR. We are now talking about the price history of BitCoin. In 2021, the BTC was at an all-time rise of 68,789.6 USD, from which the coin is now down -66.05%. The all-time down of BTC was 65.5 USD, from which the currency has risen to 99.72%.
Conclusion
Thus, Bitcoin is the oldest cryptocurrency available on most exchanges, but KuCoin is the best as it also offers minimal trading fees compared to others.