KuCoin is a cryptocurrency exchange platform that offers a wide range of services tailored to institutional and VIP users. This article will explore what KuCoin does and provide alternatives for those seeking similar services in the crypto trading space.
Reviews
Users have shared a mix of positive and negative feedback about KuCoin. Many appreciate the platform's wide range of cryptocurrencies and low trading fees, which make it an attractive option for both new and experienced traders. However, some users have expressed frustration with the customer service and occasional technical issues. The platform's security measures and user-friendly interface have been highlighted as particularly helpful, while the slow response times and withdrawal issues have been points of contention.
- "The variety of coins available is impressive, and the fees are very reasonable." - John D.
- "Customer support can be slow, and I've faced issues with withdrawals." - Sarah K.
For more detailed reviews, visit Kucoin Reviews.
Best alternatives to Kucoin
1. OneSafe
OneSafe is a financial technology company offering a comprehensive financial platform designed for startups and businesses operating in both fiat and cryptocurrencies. It provides services like global payments, corporate cards, and seamless integration of traditional and Web3 financial operations.
- Features: Simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security measures.
- Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included, 0.1% fee for US domestic payments, 0.2% fee for SEPA payments, 0.2% fee + $25 for international wires, $20 for Fedwire, 1% FX fee on corporate cards, 0.1% fee for USDT transactions, fiat to crypto conversion included.
- Testimonials: Users praise OneSafe for its exceptional customer support and game-changing solutions. It simplifies payroll and expense management, making it an essential tool for Web3 organizations. For more details, visit the OneSafe website.
2. Wallester
Wallester Business offers a comprehensive platform for issuing virtual and physical corporate expense cards. The service includes real-time card issuance, expense control, and integration with various financial processes. It is designed to facilitate corporate spending, media buying, and financial management with no setup or monthly fees.
- Features: Instant card issuance, real-time transaction monitoring, no setup or monthly fees, customizable API for workflow integration, comprehensive financial management tools, recognized as the "Best Expense Management Platform" at the FinTech Breakthrough Awards 2023.
- Pricing: The free package includes 300 virtual cards, unlimited physical cards, and unlimited users with real-time support. The 3000 virtual cards package costs €199 per month, and the 15000 virtual cards package costs €999 per month. Custom solutions are available upon request.
- Testimonials: Users generally praise Wallester for its fast assistance and the quality of its business cards. One user mentioned, "Super fast assistance in some channels like WhatsApp and Telegram over email support." However, another user expressed frustration, stating, "They will suspend your account and hold your money." For more detailed reviews, visit Trustpilot.
3. Credem
Credem Banca offers a wide range of banking services including current accounts, credit and debit cards, loans, mortgages, and investment options. The bank emphasizes customer well-being, financial education, and sustainability.
- Unique Features: Wellbanking People, Green Transition Services, Financial Wellbanker, Innovative Online Services, Sustainability Commitment.
- Pricing: The pricing details for Credem's products and services are not explicitly listed on the contact page. For detailed pricing information, users are encouraged to explore other sections of the Credem website or contact the bank directly through the provided methods.
- Testimonials: Users have mixed feelings about Credem. One positive comment from Steve Smith states, "I have found both the products and service of the branch at Citadella Del Capo as nothing but very good. The whole approach is courteous and professional." On the other hand, Dan Racioppa shares a negative experience, "I changed to this bank based on the recommendation of a family friend. My experience from the very beginning has been horrible... Customer service is terrible or at least the manager I am dealing with is. Complete waste of my time and taking long to complete a simple process." For more detailed reviews, visit Trustpilot.
4. VIALET
VIALET Business Account offers secure and flexible payment solutions designed to help businesses manage their finances efficiently. The platform emphasizes ease of use, quick online onboarding, and comprehensive financial management tools.
- Features: Online onboarding without branch visits or physical documents, remote ID verification and electronic signing, budget control with flexible spending limits, comprehensive transaction management with real-time alerts, enhanced reporting with detailed transaction history and statements, quick account setup, transparent pricing, high security standards (PSD2 compliant), personalized support from dedicated account managers, tailored services for startups and global players.
- Pricing: VIALET offers transparent pricing to ensure clear costs, freeing up resources for business success. Specific pricing details or fee structures are not provided on the main page. For detailed pricing information, users may need to sign up or contact VIALET directly.
- Testimonials: Users generally appreciate VIALET for its professional and welcoming service. One user mentioned, "Vialet is everything that it should be. They are professional, kind, and fast. Everyone there is so welcoming and they really make you feel like an important person." However, not all feedback is positive. Another user warned, "The ultimate scam. Should have received 3 wire transfers they never arrived, the days that I should have received the money the account was unavailable the day after was back working normally but with no money inside..stay away from them they will scam you." For more detailed reviews, visit Trustpilot.
5. Reap
Reap offers financial solutions to help businesses achieve global financial goals by providing essential financial infrastructure. Their products and services enable businesses to thrive in a connected and borderless world.
- Features: Reap Card with flexible bill repayment options in fiat or digital currencies, Reap Pay for payments in preferred currencies, Card Issuing API for launching card programs, Payment API for cross-border payouts, PCI compliance, licensed and regulated in Hong Kong, sophisticated fraud prevention tools, secure sandbox testing, robust API documentation, rapid deployment, dedicated support.
- Pricing: Physical & virtual card: FREE, Annual fee: FREE, Monthly bill repayment with fiat currency: FREE (late fee may apply), Monthly bill repayment with stablecoins: 1.2% handling fee (late fee may apply), ATM withdrawal: 2%, FX fee: 2%, Available card currencies: USD, HKD, Collateral: 1:1 ratio, Mobile payment (Apple Pay / Google Pay): FREE, Mobile app: FREE, Issue your branded card via API: Contact Sales, Bank transfers with Reap Card: 1.8%, Bank transfers with stablecoins: 0.8%, Cross-border payment fee: 25 USD, Local payment fee: 0-5 USD, FX fee: Variable rate, T+1 day payouts: No extra fee, Payments via API: Contact Sales, Card-level spend controls: FREE, Team-level spend controls: FREE, Team members: Unlimited, Multi-entity management: FREE, Real-time spend analytics: FREE, Xero integration: FREE, Receipt collection: FREE, Receipt auto-matching: FREE.
- Testimonials: Users generally appreciate Reap for its user-friendly onboarding and helpful team. One user mentioned, "Reap had a very user-friendly onboarding experience. The team is friendly and helpful. The product (REAP card) is very easy to use and helps with our operations a lot." However, another user noted, "The only downside would be limitations in terms of setting categories. However, I discussed this with their product team and they are going to look into it. Very helpful!" For more detailed reviews, visit G2.
6. Airwallex
Airwallex is a global payments and financial platform trusted by over 100,000 companies. It offers software and APIs to simplify global payments and financial operations, enabling businesses to unlock new opportunities and grow without limits.
- Features: Simple setup, fast transfers, cost-effective, human support, cloud-native, high security, global compliance, local payments network.
- Pricing: Explore Plan: $0 or $29/month, Grow Plan: $99/month, Accelerate Plan: $499/month, Custom Plan: Contact sales for pricing. Additional fees for FX, transfers, and payment processing apply.
- Testimonials: Users generally appreciate Airwallex for its intuitive app and efficient multi-currency management. One user mentioned, "The app is intuitive, making it easy to handle multi-currency accounts and international payments without the usual hassle." However, some users have faced issues, such as one who stated, "They suddenly started to refuse money transfer for no reason. They won’t tell me why or how to solve the situation." For more detailed reviews, visit Trustpilot.
7. Tide Bank
Tide offers a smart business bank account with no monthly fees, providing features like simple payment solutions, built-in accounting, and a savings account with 4.07% AER variable interest. The account can be opened in minutes, and it includes personalized invoicing, business savings, simple accounting integration, and 24/7 support.
- Features: No monthly fees, personalized invoicing, business savings with 4.07% AER variable interest, simple accounting integration, 24/7 account monitoring, 24/7 support via chat, payment links, auto-categorization of income and spending, direct debit management, Apple/Google Pay setup, international payments, CSV exports.
- Pricing: Tide offers a free plan with no monthly fees. Additional plans include Plus at £9.99/month, Pro at £18.99/month, and Cashback at £49.99/month. Each plan includes different features and benefits, such as free business cards, expense cards, and varying transfer and ATM withdrawal fees.
- Testimonials: Users generally appreciate the ease of setting up accounts and the helpful customer service. One user mentioned, "A super fast track way of starting a business account in one day." However, some users have faced issues, such as one who stated, "Terrible experience. Paused our account without warning, after nearly two weeks of having no access to our money they emailed saying they are closing the account." For more detailed reviews, visit Trustpilot.
8. Mercury
Mercury offers a comprehensive business banking solution designed for startups. It provides a range of financial services including checking and savings accounts, credit cards, bill pay, invoicing, expense management, and accounting automations. The platform aims to simplify financial workflows and enhance operational efficiency through a user-friendly dashboard and advanced security features.
- Features: Manage all banking tasks from a single dashboard, set auto-transfer rules, send free USD wires, low deposit minimums for credit cards with unlimited 1.5% cashback, FDIC insurance, fraud monitoring, integrated bill pay, invoicing, expense management, accounting automations, Mercury Treasury for earning yield on idle cash, venture debt, SAFEs for funding, access to a network of investors and experts through Mercury Raise.
- Pricing: Mercury offers three main plans: Mercury (free), Mercury Plus ($35/month), and Mercury Pro ($350/month). The free plan includes FDIC-insured bank accounts, online ACH, wires, checks, corporate debit and credit cards, up to 4.81% yield with a $500K minimum balance, processing up to 5 bills/month, unlimited invoice generation, and reimbursement for up to 5 users/month. Mercury Plus and Mercury Pro offer additional features like processing more bills, recurring invoicing, branded invoices, and dedicated support.
- Testimonials: Users generally appreciate Mercury for its ease of use and advanced features, but some have faced issues with customer support and account closures. One positive comment from Vladimir states, "Simple and easy-to-use platform and great customer support." On the other hand, Sam Kim criticizes the bank, saying, "Such an unprofessional bank." For more detailed reviews, visit Trustpilot.
9. Countingup
Countingup offers a business account service designed for self-employed individuals and small businesses in the UK. It allows users to open an account online in under 5 minutes, start accepting payments immediately, create and send invoices, and manage bookkeeping and taxes with ease.
- Features: Quick application in under 5 minutes, immediate payment acceptance via UK bank-to-bank transfers, international transfers, and card payments, free invoicing with unlimited professional invoices, real-time tax insights with automatic categorisation, secure data sharing with accountants.
- Pricing: Countingup offers a three-tier pricing structure based on monthly deposits: £3/month for deposits between £0 – £750, £9/month for deposits between £750 – £7,500, and £18/month for deposits over £7,500. Additional transaction fees include 30p for account transfers and direct debits, 3% for foreign transactions, £1 for ATM withdrawals, 0.5% (minimum £2) for Post Office cash loads, 3% for PayPoint cash loads, and £5 for replacement cards.
- Testimonials: Users generally appreciate Countingup for its ease of use and efficient financial management tools. One positive comment states, "I love to use them. It's easy to follow up on the expenses and profits, and there's a tax pot to which the tax money can be added." However, some users have faced issues, such as one who mentioned, "Old Fashioned and Slow App Interface. I have had this account for around 4 years. In some ways it's great handy to be able to attach pictures of receipts. They still don't have a search function so you can't search for a transaction by name which means if you are looking to check something from say a few weeks ago, you just have to keep scrolling down on the app which is very glitchy and when you find it and then come out of the app it's back to the beginning." For more detailed reviews, visit Trustpilot.
10. Brex
Brex offers a comprehensive financial platform that includes corporate credit cards, expense management, business banking, bill pay, and travel management. The platform is designed to help businesses control spending, automate financial tasks, and maximize their financial resources.
- Features: AI-powered automation, global reach, high yield on savings, high credit limits, superior compliance, real-time tracking, integrated financial tools, customer-centric solutions.
- Pricing: Essentials Plan: $0 per user per month, Premium Plan: $12 per user per month, Enterprise Plan: Custom pricing, Smart Card: Custom pricing.
- Testimonials: Users generally appreciate Brex for its ease of use and international payment capabilities. One positive comment from Sameel H. states, "Brex excels at facilitating international payments with its multicurrency support, allowing businesses to send and receive payments globally." However, some users have faced issues, such as Mike A. who mentioned, "When typing in descriptions or other details on the app if you make a mistake and try to correct it the typing always goes to the end of the sentence, even if you started at the beginning. It is so weird. You always have to delete whatever you typed and start all over. I hope they fix this." For more detailed reviews, visit G2.
Which one should you go with?
In conclusion, while each of these financial platforms offers unique features and benefits tailored to various business needs, OneSafe stands out for its exceptional customer support and comprehensive solutions. Whether you're a startup or an established business, OneSafe's seamless integration of traditional and Web3 financial operations, along with its state-of-the-art security measures, makes it a reliable choice. Although other platforms like KuCoin, Wallester, and VIALET also provide valuable services, OneSafe's user-friendly interface and innovative features make it a top recommendation for those seeking an alternative in the financial technology space.