KuCoin Launches Platform 2.0 with Advanced API and Various Order Types
February 20, 2019 – KuCoin, one of the most popular cryptocurrency exchanges, has officially launched KuCoin Platform 2.0. In addition to brand-new interfaces for the KuCoin website, iOS and Android Apps, Platform 2.0 brings plenty of new features like a new WebSocket API, Stop Orders, Device Trust System, and SNS push notifications. KuCoin 2.0 is much more than a single exchange, it is a dynamic, secure and malleable trading platform that is able to provide stable and efficient services to KuCoin’s 5 million global users.
“This upgrade is another milestone after our $20 million round A funding from IDG Capital, Matrix Partners, and NGC,” said Michael Gan, CEO at KuCoin. “As the ‘People’s Exchange’, we always listen to our users and have gained a number of insights during the R&D of Platform 2.0. The long-awaited multiple order types will better satisfy our investors’ trading needs. Meanwhile, the advanced WebSocket API and Rest API will contribute to improving our liquidity and market depth. We are confident that these features will make KuCoin a better place to trade.”
KuCoin Platform 2.0
Advanced Brand New API - KuCoin's APIs are designed to offer an easy and efficient way to develop a secure and programmatic trading strategy. LEVEL 2 and LEVEL 3 data has also been added.
Various Order Types - KuCoin now offers users a suite of order types to give traders the tools they need for every scenario. These include Limit, Stop, Market, Post Only, Iceberg etc.
Reliable Security Solutions - Multiple security mechanisms to protect users’ information and funds are our first priority. With the update, KuCoin now supports SMS authentication, a device trust system, and protective walls to reinforce user information and assets.
More Attractive Fee Program - KuCoin will now be launching a new Tiered Trading Fee Discount Program, developing separate trading fees for Takers and Makers, creating high liquidity, and effectively reducing trading fees, all while improving transaction efficiency.
More Convenient Self-service Management Features - Platform 2.0 has added support for internal transfers, self-service unbinding, self-service freezing/unfreezing of accounts, and other user self-service functionality to greatly improve service efficiency.
Efficient Notification Module - The KuCoin WebSocket feed, together with newly added App and SMS push notifications, will let you easily gain access to real-time market data.
Improved User Experience and Feature Optimizations:
1. The simplification of the KYC verification process helps you to quickly submit a KYC verification application.
2. Price warnings and internal notices to keep you updated on market trends.
3. The construction of savings accounts and trading accounts will better ensure the security of users’ assets.
4. The KuCoin referral rewards program has also been upgraded to distribute KCS.
5. A more intuitive user interface helps you better plan your trading behavior.
6. A more powerful trading matchmaking engine lets you easily apply your trading strategies.
The KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.