Binance Vs Kucoin: Which should you use in Nigeria

Binance Vs Kucoin: In the ever-evolving landscape of cryptocurrency trading, platforms like Binance and Kucoin have emerged as key players, providing enthusiasts with the means to trade a wide range of digital assets. For people living in Nigeria looking to trade their cryptocurrencies, choosing the right exchange is very important due to the laws and nature of our country. 

Binance Vs Kucoin

In this article, we will look into the differences between Binance and Kucoin, and the best app you can use to sell your cryptocurrency in Nigeria

What is Kucoin

Kucoin is a cryptocurrency exchange that has gained popularity for its user-friendly interface, diverse selection of altcoins, and unique features like the Kucoin Shares (KCS) token that allows users to earn rewards. It was founded in 2017 and quickly gained traction as a platform that offers a wide range of trading pairs, making it attractive to traders seeking to explore lesser-known cryptocurrencies.

What is Binance

Binance, on the other hand, was established in 2017, and has quickly become one of the world’s largest and most prominent cryptocurrency exchanges. Binance is renowned for its extensive list of cryptocurrencies available for trading, high liquidity, and advanced trading features. The platform’s native token, Binance Coin (BNB), offers various benefits to users, including reduced trading fees.

State of crypto trading in Nigeria

Nigeria has emerged as a vibrant hub for cryptocurrency trading in recent years. The country’s tech-savvy population and a growing interest in digital assets have contributed to the surge in crypto adoption. However, government regulations and security concerns have also posed challenges for Nigerian crypto traders. As a result, choosing a reliable and secure trading platform is of utmost importance.

Binance Vs Kucoin: Differences between Kucoin and Binance

Both Kucoin and Binance offer a multitude of cryptocurrencies to trade, but they have distinct features that cater to different types of traders. Kucoin is often preferred by those looking to explore lesser-known altcoins due to its diverse range of trading pairs. On the other hand, Binance’s extensive liquidity and advanced trading tools make it a preferred choice for experienced traders and investors.Both Kucoin and Binance offer diverse cryptocurrency options, but their P2P trading features stand out. P2P trading, or peer-to-peer trading, enables users to directly buy and sell cryptocurrencies with each other using their local currency.

Alternative app to sell crypto in Nigeria ( Dtunes )

For Nigerian crypto enthusiasts seeking a reliable alternative to Binance and Kucoin, Dtunes is a much better option. Dtunes is a nigerian cryptocurrency trading app tailored to the unique needs of the Nigerian market. It offers a user-friendly interface, quick trade and payment process, high level security and the highest price for selling Bitcoin, Ethereum, USDT, USDC, BNB, XRP, LTC in Nigeria.

How to sell Bitcoin on Dtunes

• Download Dtunes App and verify an account

• Log in to your account

• Click on “Trade Crypto”

• Choose “Trade Crypto”

• Select the type of Crypto you want to sell (BTC in this case)

• Enter the total amount in USD

• Send your BTC to the wallet provided

• Viola! You’ve just sold your bitcoin. You can withdraw the equivalent Nigerian Naira (NGN) to your linked bank account.

5 reasons Dtunes is better than Kucoin and Binance

• Enhanced Security: The security of a cryptocurrency trading app is paramount, and Dtunes prioritizes this aspect. With robust encryption protocols and advanced security measures, your funds and personal information are safeguarded, providing peace of mind while trading.

• Protected Transactions: In contrast to P2P trading where there’s a risk of falling victim to scams or fraudulent activities, Dtunes offers secure transactions within its platform. The direct peer-to-peer nature of many P2P trades can leave users vulnerable, whereas Dtunes’ platform ensures a safe environment for transactions to occur.

• Tailored for Nigerian Needs: Dtunes is proudly Nigerian, designed to cater specifically to the unique requirements of the Nigerian crypto market. Its features, user interface, and support are all finely tuned to provide a seamless experience for Nigerian users.

• Swift Trading and even faster payment: Dtunes excels by enabling quick trades with an intuitive user interface and facilitating even faster transaction confirmations. Not only that, payment to your local bank account in instant.

• Round-the-Clock Customer Support: Trading in the cryptocurrency market can occur at any time, and having reliable customer support is invaluable. Dtunes takes pride in offering 24/7 customer support to address your concerns, answer your queries, and provide assistance whenever you need it.

Leaderboard: How to earn as you trade

Dtunes goes beyond traditional trading by introducing a unique feature: the Leaderboard. Users can participate in the Leaderboard program and earn rewards as they trade. By their crypto assets, users can climb the ranks and earn more. The more they trade, the more extra money they earn.

In conclusion, the choice between Binance, Kucoin, and Dtunes ultimately depends on your trading preferences and needs. While Binance and Kucoin are established global platforms, Dtunes presents a tailored solution for Nigerian users, offering a localized experience, the best market rate, round the clock customer support and a program for you to earn more money by just trading. 

You can read more on how to trade your cryptocurrency on Dtunes here