Nexo vs Kucoin
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| Nexo | Kucoin |
|---|---|
3.9
Nexo is #21 in our crypto broker rankings. |
2.6
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 Traders from US accepted |
Traders from US not accepted
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Nexo is a centralized crypto exchange founded in 2018 in Bulgaria and today operates across some 200 jurisdictions from its base in Switzerland. It provides services including spot trading, futures trading, peer-to-peer loans, cold wallet storage and fiat-on ramps to buy crypto tokens. The crypto firm is registered with some respected financial authorities, such as the ASIC, and offers some fairly unique additional services including a credit card. |
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. |
| Bonus Offer | |
| Loyalty scheme with various bonuses, plus referral program and bonus paid to lenders on credit line | Welcome bonus up to 500 USDT |
| Comment by Reviewer | |
| "Nexo gives crypto traders the capability to trade, invest, lend and borrow digital assets in one place, and it’s especially good for its credit functions that pay out very high yields to lenders. However, its fees are relatively high and many day traders will prefer a more tightly regulated crypto broker." | "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." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Cryptos | ETFs, Cryptos, Futures |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $10 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $30 | 0.0001 Lots |
| Margin Trading | |
| Yes | Yes |
| 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 | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | Yes (iOS & Android) |
| Android App Rating | |
4 |
4.5 |
| iOS App Rating | |
3.8 |
4.7 |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| 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 | |
| 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 | |
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| Cryptocurrency | |
| Nexo offers trading on an impressive suite of around 70 tokens, including Bitcoin. Digital assets can be bought, sold and swapped directly on the exchange or traded in over 500 pairs. Digital assets can also be used as collateral for fiat loans or used to generate passive income with the ‘smart staking’ tool or from interest earned via peer-to-peer loans. | 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. |
| Spread | |
| N/A | Variable |
| Coins | |
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| Crypto Lending | |
| Yes | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| Yes | No |
| Auto Market Maker | |
| No | No |
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