Many Iranians who are active in the digital currency markets are looking for a suitable exchange without Iranian sanctions so that they can buy and sell their digital currencies easily and without intermediaries. For example, the Binance exchange caused a lot of damage to traders by forcing authentication and banning Iranian users. Kocoin exchange is considered one of the most reliable and largest digital currency exchanges. Also, this exchange, like Binance exchange, has closed the way to Iranians. In the rest of this article, we want to introduce you the best alternative exchange to Kocoin. Stay with us.

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The best Bitcoin alternative exchange

To choose the best Kocoin alternative exchange, we introduce BingX exchange to you; Of course, pay attention to the fact that you can also buy and sell digital currencies in the Kocoin exchange, but you must use the IP change program to enter it, and you can also log in to this page to learn how to trade in Kocoin. So, the best exchange to replace Kocoin is BingX exchange, which is very suitable for replacing Kocoin; The services of this exchange are in the form of spot transactions, derivatives and several other services that it provides to its users. Also, by creating an account in this exchange, you can withdraw up to $50,000 a day without authentication, and by going through the authentication process, you can withdraw twice as much, i.e. $100,000 a day.

We start with a question, what is the Bingx exchange? This exchange, which is the best alternative exchange for Kocoin, entered the market with the name Bingbon at the beginning of its work. Its activity began in 2018, and this exchange has done many things to advance and be known among traders, the most interesting and important feature of which is the use of copy trading. This feature of the Bingx exchange is very practical and useful in the process of buying and selling digital currencies, which makes it the best alternative exchange for Bitcoin.

Copy trading helps you a lot in trading, especially people who are beginners and have just entered this field. Because you don’t need to spend a lot of time learning digital currencies by copying the activities of a professional and skilled trader (note that it is compatible with your desired tasks and then choose). Of course, other qualities have also made it a unique and ideal exchange, for example, we mention a few examples of them, which are:

• You can buy cryptocurrencies directly by paying fiat currencies
• In spot trading, you will be able to reduce the commission to zero
• He will answer your questions in less than 48 hours, which is possible by email
• Leverage futures trading to profit from a bear market

Features that have made this exchange the best alternative exchange for Kocoin!

In this article, we want to talk about the features of this exchange because each exchange has its own capabilities and features that are different from other exchanges, stay with us.

Read more: mxc exchange training

Trading without authentication

Due to the inclusion of the countries in the FATF list, Iranian traders have encountered problems in performing identity verification. Bing X exchange has made this snake easy for you by making a transaction without authentication. So that only by completing the registration steps in this exchange, you can start working in it. To learn about BingX exchange, you can refer to this page to learn how to register and authenticate. In this exchange, Iranians can verify their identity and increase their daily withdrawal from $50,000 to $100,000.

Pay attention to this point: access to the services of this exchange is not a problem like many other exchanges, but it is possible to carry out trading operations without the need for an IP change program.

It has a trial version for before registration

It is understandable that you have chosen the right alternative to Kocoin exchange because you can use its demo version and learn all its content before registering in Bing X exchange. Its demo version is not limited or unusable, but it includes a variety of services such as futures trading or copy trading in this trial version so that you can fully familiarize yourself with its attractive features.

Support for spot and futures transactions

Many traders are looking for an exchange that supports various transactions such as spot and futures. Why? Because professional traders go to futures trading to get more profit. Since Iranian exchanges do not have this feature, Iranians are forced to use the services of foreign exchanges. But this exchange has eased the work of many Iranians by including this feature, and futures transactions are carried out in both standard and permanent ways.

With the copy trading platform, you will have the most profit

On its platform, you will be able to fill your trading portfolio based on the portfolio of professional and well-known traders. By doing this, your profit percentage will multiply regardless of the market situation. Of course, it is worth mentioning that by placing this feature, you will receive a percentage of your profit, which currently four million traders use this Bing X feature as the best alternative to Kocoin.

Read more: What is digital currency holding?

last word

Due to some problems of Kocoin exchange, we have presented you with the best alternative Kocoin exchange, for which we recommend Bingx exchange because it has many features compared to other exchanges, and most importantly, you can use the features without authentication. Take advantage of the fact that even Iranian users can authenticate in this exchange; It is possible with the same national ID of Iran.