Kucoin vs Binomo

Kucoin vs Binomo Comparison Table 2024
Kucoin	Binomo
Review 3.6	Review 3.4

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.	Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.
Bonus Offer
Welcome bonus up to 500 USDT
Comment by Reviewer
"Users who want to make automated crypto trades on a wide range of digital currencies should Kucoin. The brand is also good for crypto staking and mining."	"Traders who enjoy straightforward, fast-paced trading on forex and stocks should check out Binomo's short-term binary options. The intuitive platform and joining requirements make the brand particularly attractive for newer traders."
Pros
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	Custom-designed platform that works quickly on mobile devices Demo account available to all with no restrictions Low minimum trade value from $1 Competitive payouts up to 90% Thousands of daily traders Low minimum deposit of $10 Clear tiered account system
Cons
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 Limited educational resources Fiat withdrawals are not possible	Contract expiry times of 1 minute to 1 hour are very short term for many traders Limited extra features with no copy trading Small selection of tradeable instruments Weak regulatory oversight
Instruments
ETFs, Cryptos, Futures	Fixed Time Trades
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
Own	Own
Payment Methods
Alipay Apple Pay Credit Card Debit Card Google Wallet Neteller PayPal Skrill WeChat Pay Wire Transfer	Cashu Credit Card Doku Wallet JCB Card JetonCash Mastercard Perfect Money Skrill
Minimum Trade
0.0001 Lots	$1
Margin Trading
Yes	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
Yes	No
Spot Trading
Yes	No
Mobile Apps
Yes (iOS & Android)	iOS and Android
App Review
	The Binomo app distinguishes itself by offering a comprehensive toolkit, including a risk-free demo account and over 30 analytical tools for technical analysis, ensuring newcomers and seasoned traders can confidently navigate the markets. Moreover, its diverse asset offerings across various markets, coupled with the opportunity to leverage CFDs provides a range of opportunties, all while having access to 24/7 support.
Android App Rating
	4.7
iOS App Rating
	4.6
Auto Trading
Yes	BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading
Yes	No
Copy Trading Platform
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
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$30
Islamic Account
No	No
Account Currencies
USD EUR GBP BRL	USD EUR
Stock Exchanges
	Dow Jones Nasdaq New York Stock Exchange
Commodities
	Gold Oil Silver
Forex Trading
Forex trading not offered	Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.
GBPUSD Spread
	N/A
EURUSD Spread
	N/A
EURGBP Spread
	N/A
Assets
	19
Cryptocurrency
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.	Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.
Spread
Variable	N/A
Coins
ETH BTC VRA LUNA KCS XRP LTC ALGO TEL DOT ADA XMR AVAX FTM VET XLM LINK MATIC ONE TRX HBAR ICP CRO EOS DOGE WBTC ATOM XDC DAG COTI BCH EGLD XTZ KSM ETC KDA MANA XYO OMG BNB TRAC XPR RNDR CWAR UOS FET UTK IOTX XHV TRIAS CTSI SOUL BAND STX DERO CHR ZEC FXS HTR ZCX FLOW OLT MTV ABBC XDB FKX NEAR ATA KLV PYR PPT OPCT DFI CRPT LRX PRE	BTC LTC BCH ADA
Crypto Lending
Yes	No
Crypto Mining
Yes	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.
Payout
	90%
Expiry Times
	1 minute - 60 minutes
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review
More Comparisons
Kucoin vs	Binomo vs