KuCoin is one of the largest crypto trading platform of recent time; back in 2017, when it was launched, its followers surged drastically. The total number of users that KuCoins have till 2022 is over 18 million, and it has more than 600 coins listed which could be exchanged. The most famous include Bitcoin, Ethereum, Solana, Cardona, Tether USDT, and BNB. KuCoin is the platform that has one of the fantastic trading views with interactive charts that shows the live market situation to the crypto investors and traders to let them know whether they are earning profit or going in losses.
All the essential information regarding the trading view of KuCoin is given below, which helps you get a knack so that you can start trading.
In simple terms, trading is a kind of chart used by investors and traders alike; if you are a KuCoin user or onto becoming one, first off, when you start trading, you will search for the coin name that you want to buy. When you dig that, the trading view would appear; this will show the prices on which the coin is exchanged. The graph might appear to be simple, and that is where most people get it all wrong. However, although its interface might look simple, it requires a little technical understanding.
The main thing you focus on understanding is that the colored lines on the charts signify something. The green lines show an upward market trend that the market is performing well. You are profiting from your investments. The red lines indicate a downward market trend that shows that the market is underperforming and you are incurring losses over assets.
A trading view is a handy tool. It can also be used to match two coins; let’s say you are a trader or investor, have some amount of USDT, and are willing to buy BNB. A trading view would help you know how many BNB you can buy in exchange for USDT; this comparison would be shown as the BNBUSDT chart.
USDT, aka Tether, is a stable coin that remains unaffected by the market volatility and fluctuations as a fixed asset backs them; the US dollar supports USDT. Another feature of this coin is that it can be used to make international payments and is accepted through various platforms. USDT price remain stable compared to other currencies, so most financial and crypto experts consider it a safer investment.
Binance coin was launched in 2017. Since its launch, the value of cash has increased, the currency was one of the best performing coins for two consecutive years in 2021, and in 2022 it has won investors’ trust. Market analysts are optimistic about the future it has. However, prove to be a volatile coin and a risky investment that can earn you profits.
KuCoin is the best trading platform with rich features that maximize market understanding for its users. They can win both in the long term and short term and start your crypto journey with the most trusted worldwide platform of KuCoin.