Mobile and Desktop Trading
Kucoin's application, lauded for its user-friendly design, has received favourable feedback from users across both Apple's App Store and Google Play Store. The desktop platform of Kucoin provides access to sophisticated trading features such as futures and margin trading.
Uphold's application has received slightly less glowing reviews, earning a 3.5-star rating from 5,000 reviews on the Apple App store, and a 3.2-star rating from 18,000 reviews on Google Play. Despite these ratings, the platform’s desktop version is praised for its straightforward navigation, offering the convenience of swiftly transitioning between different asset classes.
Kucoin is slightly different than your average crypto exchange. You won’t be able to deposit Canadian dollars directly. You’ll have to go through a third-party such as Banxa to deposit fiat. Kucoin does, however, accept credit and debit card payments, but you’ll need to check if your Canadian bank allows crypto transactions.
There are no fiat to crypto pairs, so you cannot buy bitcoin or other crypto directly with your dollars. You’ll need to first purchase Tether USDT on Kucoin and then trade that for the crypto you want.
The Kucoin exchange can be quite confusing for beginners.
There are advanced charting and order types available, plus you can trade on margin and trade futures contracts if you wish.
To buy USDT quickly, go up to the top menu and select the “Fast Buy” option. Here, you can purchase USDT using your credit or debit card or via the P2P exchange, or via a third party transfer. Once you have your USDT, then you can trade it on the Kucoin exchange under “spot trading”. Select the trading pair e.g. USDT/BTC and then choose your order type e.g. market order.
The Kucoin app has a 3.7-star rating from over 2,000 reviews on the Apple App Store and a 2.7-star rating from over 12,000 reviews on Google Play. Many people complain that the app crashes or that there are certain features lacking such as the ability to filter order history by trading pair.
Kucoin’s app is a bit more simple than its desktop exchange but it’s still confusing for beginners. There are lots of features, tabs, and menus. Buying USDT is easy since you do not need to verify your account. Simply sign up with an email and you can buy crypto in seconds using your credit or debit card under the Fast trade option. From there though, you will need to navigate to the spot trading page and select the trading pair you want.
Kucoin desktop interface
Kucoin desktop app (Fast Trade)
Kucoin app interface
Kucoin app interface while trading
Uphold’s app has a 3.5-star rating from 5,000 reviews on the Apple App store and a 3.2-star rating from 18,000 reviews on Google Play. Some reviewers have said the app is slow and buggy, with the verification process being particularly slow.
Uphold is easy to use for beginners. There is a quick trade option called “Anything to Anything”. All you need to do is enter the asset you want to trade, the amount, and the asset you wish to swap it for. You can trade crypto to stocks, stocks to metal etc. in just a few clicks.
Uphold desktop app
Uphold mobile app while trading
Uphold main screen app