Nexo vs Kucoin

Nexo vs Kucoin Comparison Table 2023
Nexo	Kucoin
Review 3.9 Nexo is #20 in our crypto broker rankings.	Review 3.6
Traders from US accepted	Traders from US not accepted
Nexo is a crypto trading platform that also acts as a gateway to DeFi crypto functions such as staking, borrowing and lending. The platform supports 60+ crypto tokens, which can be purchased with a fiat on-ramp and traded in 500+ market pairs. The exchange operates a zero-fee policy allowing a set number of completely free withdrawals per month and fee-free trading.	Kucoin is a global crypto exchange offering spot and margin trading alongside lending services and trading bots.
Bonus Offer
Loyalty scheme with various bonuses, plus referral program	Welcome bonus up to 500 USDT
Comment by Reviewer
"Nexo is good for traders who want a straightforward way to access DeFi crypto markets and earn interest on their digital assets."
Pros
Convenient way to buy, stake, lend and borrow crypto through one platform Allows users to borrow against their crypto holdings 2 factor authentication for added security Advanced Nexo Pro trading platform Referral program with $25 in BTC Very affordable pricing structure High-yield interest savings OTC trading capabilities Audited by Armanino Earn NEXO tokens
Cons
Restrictions on using the native tokens for New York and Vermont US residents High collateral requirement of 200% of the amount you wish to loan Relatively small selection of crypto tokens which misses newer altcoins Native tokens are required for maximum interest rates Limited free cryptocurrency withdrawals No crypto derivative trading
Instruments
Cryptos	Futures, Crypto, ETFs, Perpetual Swaps
Demo Account
Yes	Yes
Minimum Deposit
$10	$0
Payment Methods
Bitcoin Payments Credit Card Debit Card	Alipay Apple Pay Credit Card Debit Card Google Wallet Neteller PayPal Skrill WeChat Pay Wire Transfer
Minimum Trade
$30	0.0001
Regulator
ASIC, FCEN
Margin Trading
No	Yes
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	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
No	Yes
Market Maker
No	Yes
P2P Trading
No	Yes
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
Auto Trading
	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Kucoin offers copy trading via automated bots with low fees and instant deposits.
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
USD EUR GBP	USD EUR GBP BRL
Cryptocurrency
Nexo traders can buy and sell 60+ cryptocurrencies using fiat, or trade between 500+ market pairs. The app functions as a crypto wallet, meaning that clients will own their own tokens but Nexo will have custody of them. Crypto assets can be transferred from the Nexo wallet. Fees are low and user security is high.	Kucoin offers access to a long list of leading and emerging tokens with low fees.
Spread
N/A	Variable
Coins
BTC ETH NEXO USDT USDC AXS RUNE MATIC DOT APE AVAX KSM ATOM FTM NEAR BNB ADA SOL XRP LTC LINK BCH TRX XLM EOS PAXG UNI DOGE MANA SAND GALA SUSHI AAVE CRV MKR 1INCH DAI USDP TUSD	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
Crypto Lending
Yes	Yes
Crypto Mining
No	Yes
Crypto Staking
Yes	No
Auto Market Maker
No	No

Review	Review
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