What does it mean when kucoin says the coin will 10x?

Until reading these comments I thought it meant KuCoin believes that the coin is a good investment and will likely 10x in value this bull season. I think it just means that coin is eligible for margined trading up to 10X. (?)

How does kucoin work?

How does Kucoin Work? Kucoin is a traditional third-party cryptocurrency exchange, insofar that they stand between buyers and sellers. Unlike brokers such as Coinbase, you don’t actually purchase coins from Kucoin. Instead, you are matched with other traders, and thus, Kucoin makes their money via trading fees.

How many users does kucoin have?

Currently, it has more than eight million users across 207 countries all over the world. KuCoin has its own cryptocurrency, KuCoin Shares or KCS, which has been now rebranded to KuCoin Token. The platform provides spot trading, margin trade, contract ( futures ), pool-X, lending, and trading bot services.

Is kucoin a good cryptocurrency exchange?

In case you’re interested in ramping up your crypto security, KuCoin supports an ability for non-custodial trading directly from your private wallet, which is facilitated by Arwen. In brief, KuCoin is an excellent cryptocurrency exchange for cryptocurrency investors.