The new exchange KuCoin strongly resembles the well-known crypto platform Binance. They have almost identical white lists, although some tokens that are banned on Binance can be found on KuCoin. The interface is also very similar. Both exchanges have their own tokens (KCS and BNB), and the dividend distribution system is similar, with the number of tokens being 200 million each. The buyback mechanism also matches, and the buyback burning is calculated for 100 million tokens. Thus, one could assume that this is either a complete copy of Binance in hopes of success or that KuCoin is a subsidiary of Binance. However, if judged objectively, the exchange is indeed quite good. The roadmap looks overly optimistic, but so far they are achieving their set goals. I haven't gone through identification yet, as the overall functionality is available, but full-fledged arbitrage is limited by caps, which is not critical. The exchange is developing very quickly, and many old Russian-speaking platforms, such as Yobit and Livecoin, are already falling behind. If KuCoin doesn't encounter any problems, it could be among the leaders in a year or a year and a half.
