Kuna review & testimonials for kuna.io (upd. 01.2021)
- Overview: is Kuna safe?
- Pros & Cons of Kuna
- Services, Kuna Provides
- Currencies & Payment Systems
- Kuna fees
- Buying and selling limits
- Supported countries
- Customer service
- Verification at Kuna
- Deposit/withdrawal speed
- Customers' testimonials
- FAQ about Kuna
- Kuna vs other exchanges
- Conclusion: is Kuna legit or scam?
What is Kuna in a nutshell? It's maybe not the most popular, but well established, exchange service (trading platform) supporting 15 cryptocurrencies: you can buy and sell coins using 3 fiat currencies (7 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business Jan 2016, it serves the clients for a few years. Besides the cryptocurrencies exchange, Kuna also provides other services, for example, Cash codes.
This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (1.46%) we may say that Kuna charges low fees: 1.0% — 3.0% (according to our statistics, 69% exchanges take higher average fee) and has great buying limits: $1 — $10,000 (although, in accordance with the statistics we've collected, 53% exchanges have higher order limits). This Trading Platform welcomes customers from 251 countries (unfortunately, your country: United States is not supported at the moment; but there are good alternatives). Due to regulatory restrictions, US citizens and residents are not served by the exchange. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of Kuna, although according to the information from the exchange itself, order processing is automated and should be instant. You won't need to verify your account to use the services of the Trading Platform, Kuna accepts and welcomes anonymous customers!
Based on all these facts, our verdict is the following: Kuna is a promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!
Overview: is Kuna safe?
Kuna is the Trading Platform; Kuna Fintech Limited (dba Kuna) started the business in January 2016. The company is based in the United Kingdom with the headquarters located in the London. Official Kuna address is 7 Bell Yard, WC2A 2JR.
Kuna was founded by Michail Chobanian. Kuna CEO is Simon Kaploushenko; other notable people are holding various positions in firm, for example Danila Zakharov (Product Owner).
Kuna has an office in Kyiv, Ukraine: Verkhnii Val Street, 10. There is a Blockchain hub.
Kuna is one of the biggest exchanges in Eastern Europe. It's more than just another trading platform, there are some interesting features like VIP accounts with lower trading fee (subject of service fee), it has own KUN tokens that can be used to lower the exchange fees. There is Telegram bot and a marketplace to trade cash codes, etc. The platform development was funded by the crowdsale in 2016, 247 BTC was raised.
Answering the question how safe is Kuna:
We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Trading Platform (please continue reading), but our policies require to collect more testimonials from the users of Kuna to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.Pros & Cons of Kuna
Although Kuna is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:
- Trading Platform operates for a long time, service was started 2016.01.
- Kuna allows anonymous customers, there is no verification required for all the exchange directions.
- 15 digital currencies and 3 fiat ones are supported. Although, a lot of payment systems & banks, totally 7 are supported, both international and national ones: Visa & Mastercard, Qiwi, Perfect Money, etc.
- Fees are relatively low.
- High purchase and withdrawal limits, convenient min/max amounts.
- Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
- Besides the buying and selling, you may trade cryptocurrencies and earn some profit.
- Trading platform business model is based on holding the clients funds at the online wallet; such approach has some risks.
Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Kuna! Try Kuna today and let us know how you like it!
Services, Kuna Provides
The platform provides the following cryptocurrency exchange-related services:
- Allows the customers to buy cryptocurrencies with fiat currencies
- Provides the clients with ways to "cash out" the crypto to fiat currency
- Helps you to exchange one crypto to another
- Allows the clients to issue/redeem so called cash codes; the combination of characters that can be sent to other person and used by him/her to add fiat balance at the exchange. It's something similar to prepaid cards like Paysafecard, etc..
So Kuna is something bigger than just a place to exchange digital currency. According to our statistics, 86% of the competition provide less services, many just allow the buying and selling, so this trading platform is among the champions in this field!
Currencies & Payment Systems
Kuna provides the service of buying and selling and exchanging 15 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Bitcoin Cash (BCHABC), Binance Coin (BNB), Bitcoin (BTC), Dash (DASH), EOS (EOS), Ether (ETH), Litecoin (LTC), TrueUSD (TUSD), USD Coin (USDC), Tether (USDT), Waves (WAVES), NEM (XEM), Stellar (XLM), Ripple (XRP), Zcash (ZEC).
There are not much exchanges with so many cryptos supported! If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies under 1 cent to invest in 2021.
3 fiat currencies are supported to provide crypto purchase and selling: Russian Ruble (RUB), Ukrainian Hryvna (UAH), US Dollar (USD). The Trading Platform will let you buy and sell Bitcoins and 14 other cryptos using the following payment systems:
- Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. UAH and RUB payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 13 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
- Qiwi. An international payment system (it's available in 9 countries) allowing e-wallet payments in various currencies. RUB and UAH payments are available for both buying and selling cryptocurrencies at this exchange.
- Perfect Money. An international payment system (available worldwide) allowing other payments in various currencies. Just the USD payments are available for both buying and selling cryptocurrencies at this exchange.
- Payeer. An international payment system (available worldwide) allowing other payments in various currencies. RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
- Advanced Cash. An international payment system (available worldwide) allowing other payments in various currencies. RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
- Mir Card. A local payment system (serving Russia) allowing credit/debit cards payments in Russian Ruble currency. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
- GEO Pay. A local payment system (serving Ukraine) allowing mobile payments payments in Ukrainian Hryvna currency. Just the UAH payments are available for both buying and selling cryptocurrencies at this exchange.
Kuna fees
The fees you need to pay at this trading platform during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):
-
Deposit/withdrawal fee.
Depending on the fiat payment system and currency, it's as follows:
- Commission for the money withdrawal to Advanced Cash in Russian Ruble: 2.9%
- 0% to deposit funds by Advanced Cash in US Dollar.
- Commission for the money withdrawal to Advanced Cash in US Dollar: 1.9%
- 1.4% to deposit funds by Advanced Cash in Russian Ruble.
- Commission for the money withdrawal to GEO Pay in Ukrainian Hryvna: 0%
- 1.0% to deposit funds by GEO Pay in Ukrainian Hryvna.
- 2.0% to deposit funds by Mir Card in Russian Ruble.
- Commission for the money withdrawal to Mir Card in Russian Ruble: 2.5% + ₽50.0
- 2.0% to deposit funds by Payeer in US Dollar.
- 1.9% to deposit funds by Payeer in Russian Ruble.
- Commission for the money withdrawal to Payeer in US Dollar: 2.2%
- Commission for the money withdrawal to Perfect Money in US Dollar: 1.0%
- 1.0% to deposit funds by Perfect Money in US Dollar.
- Commission for the money withdrawal to Qiwi in Ukrainian Hryvna: 0%
- 0% to deposit funds by Qiwi in Ukrainian Hryvna.
- 3.0% to deposit funds by Qiwi in Russian Ruble.
- Commission for the money withdrawal to Qiwi in Russian Ruble: 3.0% + ₽50.0
- Commission for the money withdrawal to Visa & Mastercard in Ukrainian Hryvna: 1.5%
- 1.5% + ₴5.0 to deposit funds by Visa & Mastercard in Ukrainian Hryvna.
- 2.0% to deposit funds by Visa & Mastercard in Russian Ruble.
- Commission for the money withdrawal to Visa & Mastercard in Russian Ruble: 2.5% + ₽50.0
-
Trading fee.
This trading platform charges the following when you make the funds transfer:
- 0.25% of the exchange amount, whatever fiat or crypto currency you exchange.
-
Cryptocurrency withdrawal fee.
Please note that this fee applies only when you
transfer the crypto 'out': to your own wallet, to someone else, etc.!
- 0.000500 BTC when you purchase Bitcoins
- the usual transaction fee in the according crypto, when you are buying: BCHABC, BNB, DASH, EOS, ETH, LTC, TUSD, USDC, USDT, WAVES, XEM, XLM, XRP, ZEC.
Are Kuna fees high or low?
Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that Kuna takes very low fees! According to our statistics, the median (average) fee the local exchanges take from a buyer for the UAH to BTC exchange is currently about ~3.0% that's roughly the same charges Kuna does. The exact rate depends on the Bank or Payment System choice. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in UAH across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is -3%, Kuna charges 1.5% for this. Seems fair, especially considering the anonymity!
Buying and selling limits
This Trading Platform has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):
-
Purchase limits (when you buy crypto).
- $1 minimal buy and $10,000 max purchase when using Advanced Cash in US Dollar.
- ₽10 minimal buy and ₽100,000 max purchase when using Advanced Cash in Russian Ruble.
- ₴100 minimal buy and ₴100,000 max purchase when using GEO Pay in Ukrainian Hryvna.
- ₽5,000 minimal buy and ₽49,000 max purchase when using Mir Card in Russian Ruble.
- $1 minimal buy and $10,000 max purchase when using Payeer in US Dollar.
- ₽10 minimal buy and ₽100,000 max purchase when using Payeer in Russian Ruble.
- $1 minimal buy and $10,000 max purchase when using Perfect Money in US Dollar.
- RUB 5,000 minimal buy and RUB 60,000 max purchase when using Qiwi in Ukrainian Hryvna.
- ₽5,000 minimal buy and ₽49,000 max purchase when using Qiwi in Russian Ruble.
- ₴100 minimal buy and ₴14,000 max purchase when using Visa & Mastercard in Ukrainian Hryvna.
- ₽5,000 minimal buy and ₽49,000 max purchase when using Visa & Mastercard in Russian Ruble.
-
Withdrawal limits (when you out-exchange crypto to the fiat money).
- ₽10 min and ₽100,000 maximal withdrawal when receiving money to Advanced Cash in Russian Ruble.
- $1 min and $10,000 maximal withdrawal when receiving money to Advanced Cash in US Dollar.
- ₴100 min and ₴100,000 maximal withdrawal when receiving money to GEO Pay in Ukrainian Hryvna.
- ₽100 min and ₽100,000 maximal withdrawal when receiving money to Mir Card in Russian Ruble.
- $1 min and $10,000 maximal withdrawal when receiving money to Payeer in US Dollar.
- $1 min and $10,000 maximal withdrawal when receiving money to Perfect Money in US Dollar.
- ₴50 min and ₴60,000 maximal withdrawal when receiving money to Qiwi in Ukrainian Hryvna.
- ₽500 min and ₽49,000 maximal withdrawal when receiving money to Qiwi in Russian Ruble.
- ₴100 min and ₴250,000 maximal withdrawal when receiving money to Visa & Mastercard in Ukrainian Hryvna.
- ₽100 min and ₽100,000 maximal withdrawal when receiving money to Visa & Mastercard in Russian Ruble.
And the good news: there are no limits on other payment systems (the limitations the payment system has aside) Kuna supports! Comparing to other exchanges, Kuna has a very convenient buying/selling limits setup; the minimal amount is tiny and the max is high. Whatever amount you have in mind, you can exchange it at this Trading Platform!
Supported countries
Platform allows the users from 251 countries to use the exchange. The following countries are supported by the trading platform:
- Afghanistan (AF)
- Aland Islands (AX)
- Albania (AL)
- Algeria (DZ)
- American Samoa (AS)
- Andorra (AD)
- Angola (AO)
- Anguilla (AI)
- Antarctica (AQ)
- Antigua & Barbuda (AG)
- Argentina (AR)
- Armenia (AM)
- Aruba (AW)
- Ascension Island (AC)
- Australia (AU)
- Austria (AT)
- Azerbaijan (AZ)
- Bahamas (BS)
- Bahrain (BH)
- Bangladesh (BD)
- Barbados (BB)
- Belarus (BY)
- Belgium (BE)
- Belize (BZ)
- Benin (BJ)
- Bermuda (BM)
- Bhutan (BT)
- Bolivia (BO)
- Bosnia & Herzegovina (BA)
- Botswana (BW)
- Bouvet Island (BV)
- Brazil (BR)
- British Indian Ocean Territory (IO)
- British Virgin Islands (VG)
- Brunei (BN)
- Bulgaria (BG)
- Burkina Faso (BF)
- Burundi (BI)
- Cambodia (KH)
- Cameroon (CM)
- Canada (CA)
- Canary Islands (IC)
- Cape Verde (CV)
- Caribbean Netherlands (BQ)
- Cayman Islands (KY)
- Central African Republic (CF)
- Ceuta & Melilla (EA)
- Chad (TD)
- Chile (CL)
- China (CN)
- Christmas Island (CX)
- Cocos (Keeling) Islands (CC)
- Colombia (CO)
- Comoros (KM)
- Congo - Brazzaville (CG)
- Congo - Kinshasa (CD)
- Cook Islands (CK)
- Costa Rica (CR)
- Côte d’Ivoire (CI)
- Croatia (HR)
- Cuba (CU)
- Curaçao (CW)
- Cyprus (CY)
- Czech Republic (CZ)
- Denmark (DK)
- Diego Garcia (DG)
- Djibouti (DJ)
- Dominica (DM)
- Dominican Republic (DO)
- Ecuador (EC)
- Egypt (EG)
- El Salvador (SV)
- Equatorial Guinea (GQ)
- Eritrea (ER)
- Estonia (EE)
- Ethiopia (ET)
- Falkland Islands (FK)
- Faroe Islands (FO)
- Fiji (FJ)
- Finland (FI)
- France (FR)
- French Guiana (GF)
- French Polynesia (PF)
- French Southern Territories (TF)
- Gabon (GA)
- Gambia (GM)
- Georgia (GE)
- Germany (DE)
- Ghana (GH)
- Gibraltar (GI)
- Greece (GR)
- Greenland (GL)
- Grenada (GD)
- Guadeloupe (GP)
- Guam (GU)
- Guatemala (GT)
- Guernsey (GG)
- Guinea (GN)
- Guinea-Bissau (GW)
- Guyana (GY)
- Haiti (HT)
- Heard Island and McDonald Islands (HM)
- Honduras (HN)
- Hong Kong SAR China (HK)
- Hungary (HU)
- Iceland (IS)
- India (IN)
- Indonesia (ID)
- Iraq (IQ)
- Ireland (IE)
- Isle of Man (IM)
- Israel (IL)
- Italy (IT)
- Jamaica (JM)
- Jersey (JE)
- Jordan (JO)
- Kazakhstan (KZ)
- Kenya (KE)
- Kiribati (KI)
- Kosovo (XK)
- Kuwait (KW)
- Kyrgyzstan (KG)
- Laos (LA)
- Latvia (LV)
- Lebanon (LB)
- Lesotho (LS)
- Liberia (LR)
- Libya (LY)
- Liechtenstein (LI)
- Lithuania (LT)
- Luxembourg (LU)
- Macau SAR China (MO)
- Macedonia (MK)
- Madagascar (MG)
- Malawi (MW)
- Malaysia (MY)
- Maldives (MV)
- Mali (ML)
- Malta (MT)
- Marshall Islands (MH)
- Martinique (MQ)
- Mauritania (MR)
- Mauritius (MU)
- Mayotte (YT)
- Mexico (MX)
- Micronesia (FM)
- Moldova (MD)
- Monaco (MC)
- Mongolia (MN)
- Montenegro (ME)
- Montserrat (MS)
- Morocco (MA)
- Mozambique (MZ)
- Myanmar (Burma) (MM)
- Namibia (NA)
- Nauru (NR)
- Nepal (NP)
- Netherlands (NL)
- New Caledonia (NC)
- New Zealand (NZ)
- Nicaragua (NI)
- Niger (NE)
- Nigeria (NG)
- Niue (NU)
- Norfolk Island (NF)
- Northern Mariana Islands (MP)
- North Korea (KP)
- Norway (NO)
- Oman (OM)
- Pakistan (PK)
- Palau (PW)
- Palestinian Territories (PS)
- Panama (PA)
- Papua New Guinea (PG)
- Paraguay (PY)
- Peru (PE)
- Philippines (PH)
- Pitcairn Islands (PN)
- Poland (PL)
- Portugal (PT)
- Puerto Rico (PR)
- Qatar (QA)
- Réunion (RE)
- Romania (RO)
- Russia (RU)
- Rwanda (RW)
- Samoa (WS)
- San Marino (SM)
- São Tomé & Príncipe (ST)
- Saudi Arabia (SA)
- Senegal (SN)
- Serbia (RS)
- Seychelles (SC)
- Sierra Leone (SL)
- Singapore (SG)
- Sint Maarten (SX)
- Slovakia (SK)
- Slovenia (SI)
- Solomon Islands (SB)
- Somalia (SO)
- South Africa (ZA)
- South Georgia & South Sandwich Islands (GS)
- South Korea (KR)
- South Sudan (SS)
- Spain (ES)
- Sri Lanka (LK)
- St. Barthélemy (BL)
- St. Helena (SH)
- St. Lucia (LC)
- St. Martin (MF)
- St. Pierre & Miquelon (PM)
- St. Vincent & Grenadines (VC)
- Sudan (SD)
- Suriname (SR)
- Svalbard & Jan Mayen (SJ)
- Swaziland (SZ)
- Sweden (SE)
- Switzerland (CH)
- Syria (SY)
- Taiwan (TW)
- Tajikistan (TJ)
- Tanzania (TZ)
- Thailand (TH)
- Timor-Leste (TL)
- Togo (TG)
- Tokelau (TK)
- Tonga (TO)
- Trinidad & Tobago (TT)
- Tristan da Cunha (TA)
- Tunisia (TN)
- Turkey (TR)
- Turkmenistan (TM)
- Turks & Caicos Islands (TC)
- Tuvalu (TV)
- Uganda (UG)
- Ukraine (UA)
- United Arab Emirates (AE)
- United Kingdom (GB)
- Uruguay (UY)
- U.S. Outlying Islands (UM)
- U.S. Virgin Islands (VI)
- Uzbekistan (UZ)
- Vanuatu (VU)
- Vatican City (VA)
- Venezuela (VE)
- Vietnam (VN)
- Wallis & Futuna (WF)
- Western Sahara (EH)
- Yemen (YE)
- Zambia (ZM)
- Zimbabwe (ZW)
Does Kuna allow the users from United States (US)?
Sorry, but the Kuna can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of Trading Platform type, who warmly welcomes the American people! We can recommend you to look at these:
Customer service
Verification at Kuna
The trading platform respects the user privacy and doesn't require verification. You may stay anonymous while using Kuna, whatever exchange direction you need.
This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with Kuna!
Please note: Verification (just a card photo) is required only if you are paying by Visa/MasterCard/Mir card in Russian Rubles. In all other cases there is no KYC at all!
Deposit/withdrawal speed
Kuna processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this trading platform, let us and the community know about it, please!
Is Kuna instant?
So, what can we see? In accordance with the data we know about the trading platform, orders at Kuna should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.
Customers' testimonials
There are currently no users testimonials about the Kuna. Do you have any experience using this trading platform? If you do, please say a couple of words about it!
FAQ about Kuna
Does Kuna holds my funds?
Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" Kuna holds your balance at it's own hot storage wallet. This is the standard practice for all the trading platforms, although we recommend to keep only the funds you need for the trading at the exchange.
Is Kuna a good trading platform?
Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is Kuna licensed? Does it hold e-money license?
It is not, although seems that such business model complies with the regulation in Kuna home country.
Does Kuna issue redeemable cash codes?
It does. All the users of trading platform may issue/redeem such codes and send/receive such ones from/to others. It works like the prepaid gift cards, e-vouchers, etc.
Is Kuna a ripoff?
It is not a ripoff, although we have not rated Kuna yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Kuna legit or scam.
Kuna vs other exchanges
Let's compare Kuna to other similar exchange services with similar features: others of trading platform type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!
Kuna vs BitQuick
Let's compare the key features of these two platforms to see which one suits you best:
- BitQuick is a p2p marketplace Kuna is a trading platform, it has a different business model (feel free to read about the differences between p2p marketplace and trading platform)
- BitQuick had started the business October 2013 Kuna started the business January 2016 (BitQuick is working for 2 years and 2 months longer time).
- BitQuick has all the required business licenses and permissions Kuna is an ordinary company without licenses, etc. (BitQuick's business model is more stable and safer for clients).
- Besides the digital currencies exchange, BitQuick provides no extra services Kuna provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes.
- BitQuick doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at Kuna (Kuna supports 3 fiat currencies more).
- BitQuick doesn't allow any fiat payments Kuna allows the user to utilize 7 various fiat payment systems and/or banks (Kuna supports 7 fiat payment systems and banks more).
- BitQuick charges 2.0% fee Kuna charges the client 1.0% — 3.0% fee, depending on the currency, payment system, etc. (Kuna has lower fees in general).
- BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at Kuna if you reside in one of 251 countries; unfortunately, United States is not among the supported ones (Kuna supports more countries worldwide).
- During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) Kuna has no KYC procedures, you can be completely anonymous while exchanging here (Kuna 's KYC policy requires the customer to take less actions or to provide less data).
Although the final decision, which exchange — BitQuick or Kuna — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Kuna vs Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
- Coinbase is a e-wallet Kuna is a trading platform, it has a different business model (feel free to read about the differences between e-wallet and trading platform)
- Coinbase had started the business June 2012 Kuna started the business January 2016 (Coinbase is working for 3 years and 6 months longer time).
- Coinbase has all the required business licenses and permissions Kuna is an ordinary company without licenses, etc. (Coinbase's business model is more stable and safer for clients).
- Besides buying and selling cryptocurrencies, Coinbase provides the following extra services: ATM Cards and the Merchant Services Kuna provides the same number of services as Coinbase: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes.
- Coinbase supports 11 cryptocurrencies Kuna allows to exchange 15 cryptos (Kuna supports 4 cryptocurrencies more).
- 6 fiat currencies are available at Coinbase You'll be able to use 3 fiat currencies to swap with digital ones at Kuna (Kuna supports 3 fiat currencies less).
- Coinbase accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Kuna allows the user to utilize 7 various fiat payment systems and/or banks (Kuna supports 3 fiat payment systems and banks more).
- Coinbase charges 1.49% — 3.99% fee Kuna charges the client 1.0% — 3.0% fee, depending on the currency, payment system, etc. (Kuna has lower fees in general).
- Buying limits at Coinbase start from $2 and are up to $5,000 Deposit/withdraw limits at Kuna are $1 — $10,000 depending on the payment method (Kuna has higher buying/selling limits).
- Coinbase allows registrations from 39 countries; United States is among the supported ones You may register at Kuna if you reside in one of 251 countries; unfortunately, United States is not among the supported ones (Kuna supports more countries worldwide).
- During the account verification Coinbase usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a day or two in most of the cases Kuna has no KYC procedures, you can be completely anonymous while exchanging here (Kuna 's KYC policy requires the customer to take less actions or to provide less data).
Although the final decision, which exchange — Coinbase or Kuna — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Kuna vs Binance
Let's compare the key features of these two platforms to see which one suits you best:
- Binance is a trading platform Kuna is a trading platform, both are using the same business model.
- Binance had started the business April 2017 Kuna started the business January 2016 (Kuna operates 1 years and 3 months longer).
- Binance has all the required business licenses and permissions Kuna is an ordinary company without licenses, etc. (Binance's business model is more stable and safer for clients).
- Besides the crypto to crypto exchange, Binance provides the following extra services: Mobile wallet, Lending and the Margin Trading Kuna provides the same number of services as Binance: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes.
- Binance supports 31 cryptocurrencies Kuna allows to exchange 15 cryptos (Kuna supports 16 cryptocurrencies less).
- Binance doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at Kuna (Kuna supports 3 fiat currencies more).
- Binance doesn't allow any fiat payments Kuna allows the user to utilize 7 various fiat payment systems and/or banks (Kuna supports 7 fiat payment systems and banks more).
- Binance charges 0.0% fee Kuna charges the client 1.0% — 3.0% fee, depending on the currency, payment system, etc. (Kuna has higher fees, generally).
- Binance allows registrations from 255 countries; United States is among the supported ones You may register at Kuna if you reside in one of 251 countries; unfortunately, United States is not among the supported ones (Kuna supports less countries).
- During the account verification Binance usually asks for 1 document / procedure: (selfie) Kuna has no KYC procedures, you can be completely anonymous while exchanging here (Kuna 's KYC policy requires the customer to take less actions or to provide less data).
Although the final decision, which exchange — Binance or Kuna — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Kuna vs CEX
Let's compare the key features of these two platforms to see which one suits you best:
- CEX is a trading platform Kuna is a trading platform, both are using the same business model.
- CEX had started the business July 2014 Kuna started the business January 2016 (CEX is working for 1 years and 5 months longer time).
- CEX has all the required business licenses and permissions Kuna is an ordinary company without licenses, etc. (CEX's business model is more stable and safer for clients).
- Besides buying, selling and exchanging cryptocurrencies, CEX provides the following extra services: Margin Trading Kuna provides the same number of services as CEX: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes.
- CEX supports 13 cryptocurrencies Kuna allows to exchange 15 cryptos (Kuna supports 2 cryptocurrencies more).
- 4 fiat currencies are available at CEX You'll be able to use 3 fiat currencies to swap with digital ones at Kuna (Kuna supports 1 fiat currencies less).
- CEX accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Kuna allows the user to utilize 7 various fiat payment systems and/or banks (Kuna supports 3 fiat payment systems and banks more).
- CEX charges 1.0% — 5.0% fee Kuna charges the client 1.0% — 3.0% fee, depending on the currency, payment system, etc. (Kuna & CEX charge the customer with the equal fee level, more or less).
- Buying limits at CEX start from $1,000 and are up to $5,000 Deposit/withdraw limits at Kuna are $1 — $10,000 depending on the payment method (Kuna has higher buying/selling limits).
- CEX allows registrations from 224 countries; United States is among the supported ones You may register at Kuna if you reside in one of 251 countries; unfortunately, United States is not among the supported ones (Kuna supports more countries worldwide).
- During the account verification CEX usually asks for 3 documents and/or procedures: (id verification, phone confirmation, selfie) and it takes a day or two in most of the cases Kuna has no KYC procedures, you can be completely anonymous while exchanging here (Kuna 's KYC policy requires the customer to take less actions or to provide less data).
Although the final decision, which exchange — CEX or Kuna — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Kuna vs Changelly
Let's compare the key features of these two platforms to see which one suits you best:
- Changelly is a broker Kuna is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
- Changelly had started the business December 2013 Kuna started the business January 2016 (Changelly is working for 2 years and 0 months longer time).
- Changelly has all the required business licenses and permissions Kuna is an ordinary company without licenses, etc. (Changelly's business model is more stable and safer for clients).
- Besides the digital currencies exchange, Changelly provides no extra services Kuna provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes.
- Changelly doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at Kuna (Kuna supports 3 fiat currencies more).
- Changelly doesn't allow any fiat payments Kuna allows the user to utilize 7 various fiat payment systems and/or banks (Kuna supports 7 fiat payment systems and banks more).
- Changelly allows registrations from 242 countries; we are sorry, but United States is not supported this time You may register at Kuna if you reside in one of 251 countries; unfortunately, United States is not among the supported ones (Kuna supports more countries worldwide).
- Changelly allows the user to be anonymous, there is no account verification, etc. Kuna has no KYC procedures, you can be completely anonymous while exchanging here (Kuna & Changelly require the client to pass through the — more or less — the same process during the verification).
Although the final decision, which exchange — Changelly or Kuna — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Conclusion: is Kuna legit or scam?
Now it's time to draw a conclusion, is Kuna a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Kuna a rating, but according to our research it's a good exchange. We have found no evidence that this trading platform is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Kuna:
- Although it has no financial licenses, etc. such a business model complies with the regulation
- The trading platform holds users' funds
- This company has being in the business for a long time; exchange was started 5 years ago
- Exchange supports 15 cryptocurrencies and 3 fiat ones (totally 7 payment systems / banks are available). Besides buying, selling and exchanging digital currencies, the following services are available: Cash codes
- It charges low fees: from 1.0% to 3.0% depending on the payment method; although the exchange of smaller amounts is rather inexpensive
- The purchase and withdrawal limits are high and you may exchange small amounts, if you wish to: from $1 to $10,000 USD, it depends on a payment system choice
- Kuna accepts the clients from 251 countries; unfortunately, users from United States are not permitted to use the service
- You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!
Kuna is definitely a promising exchange to trade cryptocurrencies in Eastern Europe. It has very interesting options: telegram bots, cash codes, etc. and there is rather large community of users.