Remitano or KuCoin – which is better for UK traders 2024? Compare Remitano and KuCoin in this detailed breakdown of their platforms, features and fees.
Remitano is a peer-to-peer crypto exchange with margin trading, investing, swapping and news services. The firm has been operating since 2014 and is trusted by 1+ million customers in 50+ countries with $15+ billion in executed orders. The community feel, alongside 24/7 customer support and no minimum deposit, make the brand attractive to aspiring crypto investors.
Kucoin is a crypto exchange that offers trading on 1000+ tokens as well as leveraged trading opportunities via futures and perpetual swaps. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. Other attractive features include a demo account, flexible funding methods and DeFi features like staking and mining.
Pros
Competitive fee structure with no P2P taker charges and no deposit fees for the majority of fiat and crypto transactions
Access to an extensive P2P trading network spanning 50+ countries with community integration
Responsive customer support available 24/7 with community forum for idea sharing and fast help
Fiat and crypto deposit and withdrawals are permitted in some jurisdictions
Margin trading available with a maximum leverage rate of 1:2
Native token mining opportunities
Wide list of tokens with 1000+ cryptos including many low-market-cap tokens
Good range of DeFi products as well as Web3 features including an NFT marketplace
Well-known and reputable in the crypto world
Leverage available via crypto derivatives
Possibility to earn interest on crypto by staking
Good customer service
Low trading fees
Cons
Remitano is unregulated, lowering its safety score
Narrow range of cryptos compared to leading alternatives
There is no demo account available
Like many crypto firms, Kucoin is unregulated
Crypto exchanges are often riskier than trading through a crypto broker
The proprietary platform can feel complex compared to better-known terminals
Kucoin offers copy trading via automated bots with low fees and instant deposits. The service will appeal to beginners new to crypto trading. Users can choose a suitable trader in the marketplace and select 'copy' to start mirroring positions.
Social Trading
No
Yes
Trade Signals
Yes
VPS Hosting
No
No
Tournaments
No
Yes
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Islamic Account
No
No
Account Currencies
INR
MYR
IDR
NGN
USD
EUR
GBP
BRL
Cryptocurrency
Remitano supports the purchase, sale, trading and investing in 23 major cryptocurrency tokens through its proprietary web and mobile trading platforms. This includes leading tokens like Bitcoin, Ethereum and Ripple.
With well over 1000 crypto assets available, Kucoin offers a great degree of flexibility. It is excellent to see an extensive range of tokens, as this allows traders to search for lesser-known tokens with a high upside. The crypto futures and perpetual swaps are also good additions to the roster, tradeable with 1:10 leverage.