Should You Trust KuCoin in 2025?

Min. deposit
1$
Website address
https://www.kucoin.com/
Supported languages
BenDeuEngFilFraHinIndItaKorNldPolPorRusSpaThaTurVieZho
* The amount that will be credited to the account in the case of a successful deal
KuCoin Screenshot
General Risk Warning: Your capital might be at risk
Content

KuCoin Trading Fees and Costs

900+ digital assets to trade, earn, and store. Many enjoy the low fees and huge selection of coins, while others ask “Іs KuCoin legit?”, given past security incidents. This comprehensive guide examines KuCoin fees, KYC policies, and trading conditions. We’ll also discuss whether KuCoin is safe, how its trading bot works, and if KuCoin taxes users.

Further reading

Is KuCoin a Legit and Secure Exchange?

Min Deposit $1
Demo Account No
Supported Fiat Currencies Fiat is only used for buying crypto via third-party providers. Supported fiat includes: USD, EUR, GBP, RUB, AUD, CAD, CNY, JPY, KRW, TRY, VND, IDR, NGN, BRL, MXN, and others via Buy Crypto.
Crypto Currencies Available 700+ crypto assets including BTC, ETH, USDT, BNB, SOL, XRP, ADA, DOGE, and more.
Supported Languages  English, Simplified Chinese, Traditional Chinese, Thai, Korean, Vietnamese, Arabic, Turkish, Hindi, Bahasa Indonesia, Bahasa Malaysia, Portuguese, Spanish, Russian, Tagalog, Japanese, Urdu, Bengali, French.

KuCoin is a global exchange operating in over 200+ countries, listing 900+ coins, often adding them faster than competitors. This broad selection and trustworthy services have led to a user base of over 39 million, helping KuCoin achieve billions in daily volume. Is the KuCoin wallet app safe and stable for storing large sums of crypto?

KuCoin operates under an offshore structure with its headquarters in Seychelles, which gives it the flexibility to offer features not available on heavily regulated platforms. It is not regulated by any major financial authorities like the FCA, SEC, or MAS. While compliant with anti-money laundering laws, KuCoin investor protection is less than a fully licensed platform in Europe or the United States.

In 2020, KuCoin faced a serious hack that resulted in more than $275 million lost. KuCoin news claimed to have recovered most of the stolen assets, cooperating with other platforms and projects to freeze addresses. All funds stolen by the hackers were reimbursed by KuCoin to traders, and since then, no major hacks have occurred. Although KuCoin has strengthened its security protocols, it’s always better to store your crypto in your own wallets.

Further reading

KuCoin KYC & Account Verification

KYC is a process of verifying a trader’s identity to avoid fraudulent or illegal activities. On KuCoin, KYC has been required since 2023, and new users must complete the process to use KuCoin’s services.

Completing the KYC process is quick and can be done within minutes. You need a government-issued ID, such as a passport or driver’s license, face verification, and proof of address. Verification takes a few minutes to hours, depending on your documents. 

Here’s how the process works:

  1. Go to KuCoin and click “Sign Up,” then enter your email or phone number and agree to the Terms.
  2. Input the verification code you’ll get in your email inbox.
  3. Create a unique password that follows KuCoin’s requirements. 
  4. Open the verification tab in your KuCoin dashboard and click the verification button to begin.
  5. Choose which ID document to upload.
    • Passport
    • ID Card
    • Driver’s License
  6. Enter personal information and document ID number.
  7. Upload ID document to KuCoin
  8. Complete a face scan to verify the document
  9. Wait for KuCoin to complete verification, which usually takes 3 to 5 minutes.

Further reading

KuCoin Trading Fees and Costs

KuCoin has some of the lowest fees in the industry to keep competitive. The exchange has a tiered maker-taker system that references your 30-day trading volume and KCS token holdings (this is KuCoin’s native cryptocurrency). Maker/taker orders start at 0.1%, and there are 13 levels with reduced fee structures. Holding and using KCS for trades will further reduce fees by 20%.

Fee Comparisons

  • Binance: Starts at 0.1% with a native exchange token to reduce fees.
  • Coinbase: Starts at 0.6% for maker orders and 1.2% for taker orders.
  • Kraken: Starts at 0.25% for maker orders and 0.40% for taker orders.

Depositing funds has no fee other than the transaction cost from the payment provider or blockchain. Withdrawing fiat will incur a small fee depending on the payment provider. 

  • Crypto Withdrawals. Fees vary depending on the cryptocurrency and network selected. For example, USDT withdrawals cost $5.50 using ERC20, while BEP20 — $1.00. The fee fluctuates depending on which supported network you choose.
  • Bank Transfer. KuCoin charges a 0.08%+0.3 EUR fee for SEPA bank transfers with SEPA Instant implemented if your bank supports it. For US dollar transactions, traders can use Volet.com to transfer funds to their bank account, which states it has a 0.00% fee.

P2P Trading. There are no withdrawal fees for P2P trading since users trade directly with others. Payments are processed quickly, and Apple Pay, PayPal, and Google Pay are supported, among other options.

 

Further reading

Available Assets and Market Instruments

Kucoin COMPANY OVERVIEW

Trading on the KuCoin exchange is a seamless experience as the platform has made the process straightforward and has gone beyond providing just crypto spot trading. Traders can utilize leveraged tokens, crypto lending, staking, and futures to capitalize on the crypto market. Here’s a closer look at what each trading instrument provides.

Spot Trading

Spot trading on KuCoin is the process of buying and selling cryptocurrencies at current market prices. You’ll find an extensive selection of large market cap tokens.

 

There are new coins listed every week that users can find in the GemSPACE. This allows traders to buy tokens early and learn about new tokens. Spot trading usually has three order types — limit, market, and stop-limit, so you can customize your trades. After spot trading, you can stake the coin if it’s PoS to earn passive income.

Futures Trading

KuCoin’s futures let traders speculate on future prices without owning the underlying tokens. If you believe a token will rise, you can take a long position; if you expect a drop, you can short. Depending on the cryptocurrency, you can leverage up to 125x, and there are tools to mitigate or help prevent losses. Tools like cross or isolated margin let you manage how your collateral is shared across different positions.

Margin Trading

KuCoin margin trading offers a simple way to borrow funds against your holdings for spot positions. You can go long or short coins with leverage to amplify your position. Isolated margin allows up to 10x leverage, and cross-margin allows up to 5x leverage. Lenders provide liquidity, earning interest from margin traders with fluctuating rates daily. 

Leveraged Tokens

Leveraged tokens track the performance of perpetual contracts, offering set leverage — usually 2x or 3x without the trader manually handling margin requirements. These tokens rebalance automatically to maintain target levels. They’re convenient if you want more exposure to a coin’s price movements, but understand that frequent rebalances can reduce profits. Also, the buying process is simple, just like buying any other token, making it very beginner-friendly.

Further reading

KuCoin Account Tiers and Features

Kucoin Account Features

KuCoin’s VIP system unlocks different fee discounts, withdrawal limits, and exclusive perks. New traders will begin at level 0, and there are four VIP tiers — Silver, Gold, Platinum, and Diamond. Also, KuCoin offers the following accounts: Funding, Trading, Margin, Futures, Options, Trading Bot, and Financial. Users can transfer funds between accounts seamlessly and keep crypto separated for different trading activities.

Kucoin Accounts

 

VIP Perks

KuCoin offers a VIP Perks program that runs alongside its tiered VIP system, unlocking exclusive benefits as traders move up levels. Your tier bracket determines the level of perks available, ensuring that higher-volume traders have access to better features. Let’s go over each tier bracket and what they can offer you.

Kucoin Account Tiers

Silver Levels 1-4

Traders are required to hit either 1,000,000 USDT spot 30-day trading volume, 5,000,000 USDT futures 30-day trading volume, or hold 1,000 KCS to advance to the Іilver tier. These tiers (Levels 1 to 4) expand your daily withdrawal limit between 3,000,000 and 5,000,000 USDT worth of crypto. You get much better fee rates that can reach 0.044% / 0.060% for spot maker/taker orders and 0.008% / 0.053% for futures maker/taker orders.

Silver members receive exclusive communication channels when they need assistance or want to learn more about certain features. The industry insight reports can help make informed trading decisions as they come with deep market insights. Once you make a profit and want to withdraw, you can use the tax advisory service to get your figures correct.

Gold Levels 5-7

Gold status is from 55 to 180 million USDT in monthly spot volume or a KCS holding of 40,000 to 60,000 tokens. At this level, your daily withdrawal limit can climb to 10 or 15 million USDT. Fee discounts are more noticeable, with fees falling to 0.035% or 0.015%. 

Gold-tier perks include higher borrowing limits and withdrawal fee discounts. You can receive anniversary gifts, holiday perks, and limited edition VIP gifts, which can be used to reduce trading fees, and other trading benefits. Plus, you can get invitations to offline events — great for traders looking to network.

Platinum Levels 8-10

Platinum status is a step higher, requiring much higher volumes than the gold tier. To enter these levels, you must have at least 70,000 KCS or a 30-day trading volume of 250 million USDT. KuCoin taker and maker fees are almost zero, especially if you use KCS. Withdrawal limits exceed 40 million USDT daily.

The biggest value of this tier is access to low-latency trading services, which means you can enter and exit trades much faster. This allows you to capitalize on opportunities when they come, and no delay will impact your overall profitability. The borrowing limits are increased, and there are withdrawal fee discounts. Moreover, you will receive invites to VIP private gatherings that KuCoin or its affiliates host.

Diamond Levels 11-12

The final tier is diamond, where monthly volumes must surpass 750 million USDT or KCS holdings exceed 100,000. Diamond members get the most favorable maker/taker fees, dropping to zero or negative rates. This means diamond members effectively earn rebates on every order filled. The daily withdrawal amount is 60,000,000 USDT when you reach LV12.

A huge advantage of achieving the diamond tier is the low-interest loans that can be used to buy crypto. Receiving favorable rates reduces risk and allows you to profit more with fewer monthly payments. The IEO allotment privileges offer investors early access to crypto projects. Not only can you be invited to VIP gatherings, but also annual meetings with executives to discuss various crypto-related topics.

Further reading

KuCoin Bonus Programs and Promotions

Some users have found KuCoin due to the special bonuses or the KuCoin referral program. These incentives are a win for the exchange, drawing in new users and traders benefit from the perks. Here are the main bonuses you can get from KuCoin:

KuCoin Promotions

Deposit Bonus

KuCoin offers a limited-time deposit bonus of up to 10,900 USDT, which includes a 100 USDT reward and 200 USDT in coupons and vouchers. To qualify, new traders need to complete a series of tasks, like signing up, verifying identity, depositing, trading, and using advanced trade. Each step allows users to receive 0.01-20 USDT as a withdrawal reward. However, withdrawals can only be made once the total rewards reach 10 USDT or more.

Trading Competitions

KuCoin hosts trading contests as promotions for specific coins to gain traction. The top traders by volume or profit share a prize pool in USDT or the featured cryptocurrency. The last contest on KuCoin had a prize pool of 20,000 USDT with the top 100 places paid. If you decide to join, maintain risk management as it’s easy to over-leverage chasing the prize money.

Referral Program

All users can use the base referral program to give links to get other traders to sign up for KuCoin. In return, they receive 20% of the trading fees as a reward. Depending on your account standing and how many referrals you have, you can increase the percentage to earn more money.

Kucoin Commission Rate & Cashback

Rewards Hub and Seasonal Events

KuCoin has a rewards hub that contains many tasks traders can complete on the platform to earn vouchers. Redeeming them provides a reward, which can be anything from USDT to reduced fees on futures trading. The tasks include reaching a certain trading volume using a specific KuCoin product, such as trading bots or futures, signing up, and margin trading, among others. Furthermore, KuCoin runs promotional events during the holidays or coin listings, offering higher APR for staking, reduced fees, and various contests. These events are great for traders who plan on staking and want those extra rewards.

Kucoin Rewards Hub

Further reading

Deposit and Withdrawal Methods

KuCoin supports a huge range of payment methods, from crypto to fiat on-ramps, each with its own processing speeds and fees.

Cryptocurrency

Most users find crypto deposits to be the easiest route. You select your coin and send the funds to the matching wallet address. Once enough confirmations happen on the blockchain, your balance will be updated in your account. Always double-check the address, as an incorrect character will lead to a loss of funds. KuCoin processes these deposits fast, but if the coin you are sending has a congested network, it can take longer. The minimum deposit varies by crypto and network, which is displayed at the bottom of the screen. 

Kucoin Deposit Crypto

Bank Wires and Cards

KuCoin integrates 3rd party gateways to incorporate debit and credit card payments. However, this option is not accessible worldwide, and many payment providers may block crypto-related transactions. Bank wire is available, but the fees are higher compared to other options, and transactions can take up to 24 hours, depending on whether it’s a working day. The minimum deposit is 1.01 EUR via bank transfer, and there is a flat fee of 1.00 EUR for transferring funds to KuCoin.

Kucoing Bank Transfer Deposit

P2P

KuCoin’s peer-to-peer marketplace lets traders acquire and sell coins directly with each other, bypassing traditional banking restrictions. Transactions are protected by an escrow system, ensuring that the seller only receives payment once the buyer confirms the transaction. All sellers have a minimum order requirement that you can see next to the accepted payment methods.

P2P Kucoin

 Here are the support payment providers on KuCoin P2P:

  • Bank Transfers: SEPA, SEPA Instant, Bank Wire, BBVA, and Sort Code.
  • Cards and direct payments: Mastercard and Visa Direct.
  • E-Wallets: Payeer, Uphold, Neteller, Skrill, WebMoney, AirTM, Perfect Money, Reserve Zinli, and Banesco Panama.
  • Mobile: Apple Pay, Google Pay, PyypL, and Volet.com
  • Other: Paysera.

Withdrawing Your Profits

Visit the KuCoin withdrawal page and choose the coin you want to withdraw. Then, specify your wallet address and confirm the transaction. KuCoin withdrawal fees are low and depend on the blockchain costs. Therefore, if you plan on moving ERC-20 tokens, you may see higher fees compared to BEP-20 coins. 

KuCoin also allows EUR withdrawals, with bank transfers being the main option, taking up to 48 hours. However, you can choose a P2P alternative with options to withdraw via bank transfer, card, e-wallet, and mobile, which will instantly transfer the funds.

How to Deposit Crypto

  1. Click “Deposit” at the top of the dashboard.Deposit Button Kucoin
  2. Select the cryptocurrency you want to deposit into your account.Choose Deposit Coin Kucoin
  3. Choose a supported network by the cryptocurrency that you will use to send coins.Select Network for Deposit Kucoin
  4. Copy the deposit address or scan the QR code.Deposit Details Kucoin
  5. Finally, enter the amount you want to send in your wallet app and paste the crypto address. Then confirm the transaction and wait for the network confirmations to complete to see your account get funded.

Further reading

Advanced Trading Tools and Market Analysis Features

KuCoin’s services serve a broad user base, from beginners making a few trades per month to experts who need advanced services that can help automate certain processes, analyze markets, and track profits.

Charting Tools

KuCoin integrates an advanced trading interface where you can apply multiple indicators at once, toggle between different timeframes, and use trading tools. The charting tools allow you to draw trendlines and place fib retracements to help with on-screen analysis. There are several different types of charts on KuCoin – bar, candlestick, hollow candlestick, Heikin-Ashi, line, area, and baseline. KuCoin lets users save different trading layouts, which helps if you plan to trade multiple coins using various strategies. 

Indicators

KuCoin has a comprehensive selection of technical indicators built into the trading screen. These technical indicators come in five categories: trend, momentum, volatility, volume, and others. This makes it easier to select the correct option for your circumstance, and you can favorite your most used indicators. 

  • Trend: 
    • Accumulative Swing Index
    • Arnaud Legoux Moving Average
    • Aroon
    • Average Directional Index
    • Chande Kroll Stop
    • Double EMA
    • Hull Moving Average
    • Least Squares Moving Average
    • Linear Regression Curve
    • MA Cross
    • MA with EMA Cross
    • MACD
    • Mass Index
    • McGinley Dynamic
    • Moving Average Channel
    • Moving Average Exponential
    • Moving Average Weighted
    • Moving Average
    • Smoothed Moving Average
    • Triple EMA
    • TRIX
    • Vortex Indicator
    • Williams Alligator
    • Zig Zag
  • Momentum:
    • Relative Strength Index
    • Relative Vigor Index
    • Relative Volatility Index
    • SMI Ergodic Indicator/Oscillator
    • Stochastic RSI
    • Stochastic
    • True Strength Index
    • Ultimate Oscillator
    • Williams %R
  • Volatility:
    • Bollinger Bands Width
    • Bollinger Bands
    • Chop Zone
    • Choppiness Index
    • Donchian Channels
    • Envelope
    • Historical Volatility
    • Keltner Channels
    • Price Channel
  • Volume:
    • Ease Of Movement
    • Elder’s Force Index
    • Money Flow
    • Net Volume
    • On Balance Volume
    • Price Volume Trend
    • Volume Oscillator
    • Volume
    • VWAP
    • VWMA
  • Others:
    • Advance/Decline
    • Fisher Transform
    • Ichimoku Cloud
    • Pivot Points Standard
    • Rate Of Change
    • Williams Fractal

So, instead of relying on guesswork to trade, crypto traders have access to technical indicators and KuCoin trading signals, such as moving averages and the Relative Strength Index to get an overview of market conditions. Using the right combination of indicators can improve decision-making drastically. KuCoin’s integration of these indicators means users can analyze price action in real time without needing third-party software.

Trading Bots

KuCoin has one of the best trading bot services in the industry, with highly customizable bots. You can either set up your own bot using auto parameters or customize it yourself. Alternatively, you can look at the leaderboard and copy the most successful bots created by other traders. However, note that returns aren’t guaranteed, and bot success can quickly change depending on market conditions.

KuCoin bot trading is available for spot, futures, and martingale, which can be accessed through the trading tab. You’ll then be able to set bots that apply to different strategies:

  • Spot Grid: buy and sell at preset intervals, aiming to profit from price fluctuations.
  • Futures Grid: long uptrends and short downtrends to profit from market trends.
  • Spot Martingale: buy crypto in stages to avoid volatility and sell all at once when the parameters meet the target value.
  • DCA Bot: accumulate a coin at fixed intervals, regardless of the price.
  • Smart Rebalance: adjust your portfolio ratio automatically when coin prices change.
  • Infinity Grid: buy low and sell high consistently with no upper limit price, allowing gains to rise with market trends.

Portfolio Tracking

KuCoin tracks your overall portfolio and shows the total value in your local currency and Bitcoin. This helps track short-term PnL and the assets you hold in your account without using external trackers. KuCoin shows your largest holdings to the lowest, and you have the option to filter out small assets. Also, the KuCoin app is great for checking your holdings on the go, and you have a privacy option if you don’t want anyone to see your holdings.

Further reading

KuCoin Lending and Staking Options

KuCoin has services that open up opportunities for passive income, making your crypto work for you while you hold. This can be a great way to boost your holdings with little risk; let’s look at the main options:

KuCoin Earn and Staking

KuCoin Earn is split into two categories — Balanced and Advanced. Each category offers different methods of profiting from the crypto market:

  • Balanced Products:
    • Flexible Savings
    • Staking
    • KCS staking
    • Savings
  • Advanced Products:
    • Dual Investment
    • Shark Fin
    • Snowball
    • Twin Win
    • Futures Plus
    • Range Bound

KuCoin has a comprehensive staking section that lets traders allocate their tokens to earn fixed daily rewards. The staking interface showcases the amount of funds you are going to allocate with the expected APR. You’ll also see if it’s a fixed or flexible term and the redemption period. This is a period where you cannot interact with your coins and must wait until they become unlocked. Therefore, only stake if you plan to hold long-term or won’t be needing those funds anytime soon.

Alternatively, you can use other parts of the KuCoin Earn section that allow you to stake, enter saving programs, and invest in structured products to increase your holdings. This is more complex than the staking interface, so you may want to watch the tutorials to gain a full understanding of the investment products listed here.

Staking Options Kucoin

Lending

Traders often use leverage to open positions, requiring them to borrow crypto. You can supply this crypto to the trader for a fixed interest rate, earning passive income. If the asset is in high demand, the interest rate can be very attractive, like with the USDT rate being 5%. However, this option poses risks if the coin you are lending falls significantly in value. Although the high APY rates can seem enticing, consider the risks and going for a safer option like USDT.

Offers Kucoin

KuCoin Customer Support and User Feedback

KuCoin handles most queries through its live chat feature, where you can ask a bot a question or click the subject most relatable to you. However, the bot does not provide personalized support. Therefore, the best way to contact KuCoin customer service is via social media or by submitting a ticket. When filling out the ticket form, ensure you select the correct issue and have a detailed description to get the most accurate overall help because response times can vary from 1 to 5 days.

Feedback on KuCoin varies, with many complaining about verification issues while others are happy with the low trading fees. Based on 1,235 reviews on Trustpilot, KuCoin has a score of 1.4 stars, which is quite low, considering it is a tier-1 exchange used by millions of traders.

Tutorials

KuCoin Learn is a comprehensive educational section that contains comprehensive guides covering basic topics like account setup, trading basics, and how to transfer funds. There are more advanced topics, such as how to use KuCoin’s automated tools and investment products. Alternatively, you can visit KuCoin’s YouTube channel, which offers many quick tutorials.

Furthermore, KuCoin has a “Learn and Earn” section that lets beginners learn about crypto while earning rewards. Users have to take a quiz after learning about a certain subject or cryptocurrency, and the rewards are based on how well they answer. 

Learn & Earn Kucoin

Further reading

Mobile vs Web Versions of KuCoin 

KuCoin offers mobile and web-based services to traders. Both versions allow users to trade, transfer funds, and manage their portfolios. However, there are noticeable differences that impact the user experience.

Differences Mobile App Web Version
Interface Layout Optimized touchscreen and small layouts Expanded and detailed layout
Performance Fast to manage your portfolio on the go Easier for in-depth analysis
Chart Viewing Compact and simplified  Larger and more detailed
Alert System Push notifications Browser-based notifications
Multitasking Limited multitasking Easier to multitask via multiple tabs
Security Features Biometric Kucoin login such as finger or face scanner Primarily password with 2FA
Device compatibility  Android and iOS devices PC and MAC available via browsers 
Customization Options Limited charting workspace Extensive customizable layouts
Technical analysis Difficult to do on a smaller screen Convenient on a larger screen
Accessibility  Can use KuCoin from any location Restricted to your desktop location

Similarities and Differences Between KuCoin iOS and Android

KuCoin’s app experience differs between Android and iOS. With iOS, you must install KuCoin via the App Store, while with Android, you can use Google Play or an APK for more flexibility. Android also supports Face ID and Touch ID, whereas iOS only allows Face ID, depending on the device. These are the main differences, but the investing on KuCoin remains the same across both platforms. Here are the main similarities: 

 

Feature Similarity 
Trading Features Both platforms support spot, futures, and margin trading with different order types.
Market Access Traders can access all available cryptocurrencies.
Funding Deposit, withdrawal, account funding, and portfolio management are accessible on both.
KuCoin Earn Saving products, lending, and staking are available.
Security Both platforms support 2FA, face ID, and withdrawal whitelists. 
Fees Maker/taker, withdrawal, and other fees are identical.
VIP Program VIP program tiers and requirements remain the same regardless of what device you use to trade.
KYC Verification Identity verification is the same across all mobile devices.
Price Updates Both platforms provide live market prices and charts.
Alerts Users can set up price alerts on both operating systems.

 

KuCoin’s Browser and Mobile App Similarities

KuCoin’s mobile app and web platform share many core functionalities, such as access to spot trading, futures, and margin trading. Depositing and transferring funds, KYC verification, and account management are supported in both versions. 

Technical analysis is equally accessible with various charting tools and indicators available, although it may be easier to use a desktop for this purpose. Traders can utilize all KuCoin’s services like KuCoin Earn and staking to generate passive income. KuCoin ensures that their browser and app versions are optimized to work together, making a user-friendly environment as traders can seamlessly switch between them when convenient. 

How to Register to KuCoin on Mobile

  1. Open the KuCoin app and tap Sign upSign Up Kucoin Mobile
  2. Enter your email or phone number.Email Phone Sign Up Mobile Kucoin
  3. Enter the email verification code from your inbox.Email Verification Mobile Kucoin
  4. Create a KuCoin trading password that complies with KuCoin’s rules.Set Password Mobile Kucoin
  5. Now, you will have access to the dashboard and can move on to the next step — KYC verification.

How to Complete KYC on KuCoin Mobile

  1. Click on your profile page to see the option to begin the KYC process, or if you have just created a new account, you’ll see a prompt on-screen. Click the button to start.Verify Now Mobile Kucoin
  2. Choose your issuing country and select the ID type. KuCoin allows ID cards, passports, and driver’s licenses as a form of valid identification. 
  3. Provide required personal information.Personal Info Verification Mobile Kucoin
  4. Take an image of your document that is clear.ID Verification Mobile Kucoin
  5. The final step is to complete a face scan, which can be conveniently done via your smartphone camera. Once this step is finished, KuCoin will verify your details within 3 to 5 minutes if the document images are clear.

How to Deposit Funds on KuCoin on Mobile

  1. Click on the asset button at the bottom of the screen.Assets Button Kucoin
  2. Select the green deposit button to open the payment page.Assets Deposit Button Kucoin
  3. Choose the cryptocurrency you want to deposit.Choose Coin for Deposit Kucoin
  4. Then, choose the network you wish to use.Select Network for Crypto Deposit on Mobile Kucoin
  5. Copy the deposit address or scan the QR code. Then, send the funds from your external wallet to KuCoin via the correct coin address and network.Deposit Address Screen Kucoin

How to Withdraw Funds on KuCoin Mobile

  1. Open the asset tab and select the coin you want to withdraw.Withdrawals on Mobile Kucoin
  2. Enter the recipient’s wallet address, choose the correct network, and select the amount to withdraw.Enter Withdrawal Details Kucoin
  3. Click the withdraw button to complete the transaction. If you have security settings on, you may have to provide 2FA, a mobile code, and an email code.Withdraw Button Kucoin

How to Place an Order on KuCoin Mobile

  1. Click the trade button at the bottom of the screen.Trade button Kucoin
  2. Search for the needed coin and choose the correct trading pair. If you want to buy BTC with USDT, select the BTC/USDT pair.Choose Pair Kucoin
  3. Input the limit price (the price you are willing to pay for each coin) and how much of your portfolio you want to allocate to the trade. KuCoin lets users choose a percentage of their holdings or type in a specific amount.Input Limit Price Kucoin
  4. Click the “Buy” button to initiate the trade. Since our example is a limit order, the trade will fill only when the coin hits the limit price we inputted earlier. Buy Button Kucoin

Further reading

What Is Forbidden? Why Could Your Account Be Banned

It’s common for traders to overlook KuCoin’s user agreement and terms of service, as most traders will click accept and move on in the sign-up process. However, understanding these rules will help prevent account suspensions or bans. Some of the key rules are:

  • Verification. Users must provide valid information during the KYC process. Using fake documents or someone else’s details will result in immediate account termination. Also, you can only create one account using your personal details.
  • Multiple Accounts. Creating multiple accounts to exploit promotions or bonuses is not allowed and may lead to your account being banned or your funds being frozen.
  • Prohibited Activities. KuCoin does not allow illegal activities like money laundering, market manipulation, pyramid schemes, fraud, and other actions that could disrupt trading. This will result in permanent account closure.
  • Geographic Restrictions. Attempting to use KuCoin from a restricted location will result in a permanent ban.
  • Account Security. KuCoin states that you are responsible for the security of your account, and any unauthorized access due to user negligence is not the exchange’s responsibility. 

Further reading

KuCoin Pros & Cons

Pros Cons
Huge selection of 924 cryptocurrencies Offshore regulatory status
Low trading fees starting at 0.1% Limited fiat deposit methods
No KYC is required for small amounts of withdrawals  Has had security breaches in the past
Has advanced trading options No real live chat with a customer support agent
KuCoin Earn provides opportunities for passive income Fiat deposits or crypto purchases from 3rd party providers have high fees
Highly customizable trading bots High fees for withdrawing certain cryptocurrencies
125x leverage for futures trading Must hold 1,000 KCS or have a $1 million 30-day spot trading volume to make it to Level 1 Vip 
Mobile app with full trading functionality  KYC is required for large withdrawals 
Provides advanced charting tools and technical indicators No direct customer support hotline
Has regular promotions, bonuses, and trading competitions Must buy and hold KCS for reduced fees

 

Further reading

Common Questions About KuCoin

Is KuCoin regulated?

Not by major authorities like the SEC or FCA. However, KuCoin is registered with the MFSA, FSA, and CIMA. KuCoin’s regulatory status is offshore, which allows it to offer different services that wouldn’t be allowed in certain jurisdictions. 

What are the trading fees on KuCoin?

Fees for spot trading start at 0.1% for maker and taker traders, but the rates can drop if you hold KCS tokens or reach higher VIP tiers. Visit the KuCoin fee page for a comprehensive look at all the costs of using the exchange.

Can I trade on KuCoin without KYC verification?

New traders will have to go through an identity check to comply with AMl and KYC policies. Without this step, you cannot trade, deposit, withdraw, or interact with any KuCoin’s services.

How do I withdraw funds from KuCoin?

Open the funding tab in your account section and click the ‘Withdraw’ button. Then, choose the crypto or fiat currency you want to withdraw and follow the on-screen instructions to transfer the funds.

What security measures does KuCoin have?

KuCoin protects accounts with multi-factor authentication, malicious plugin detection, and device tracking. Anti-phishing measures and CAPTCHA block fraud and bot attacks on the platform. Real-time security alerts and plugin monitoring activity prevent unauthorized access to your account.

How does KuCoin compare to Binance?

Both KuCoin and Binance are tier-1 exchanges, meaning they get billions of daily trading volume, list hundreds of coins, and generally have community trust. KuCoin is on par with Binance in terms of providing premium crypto services and having its own crypto ecosystem with KCS, despite having a much smaller market share.

Further reading

General Risk Warning: Your capital might be at risk
×
Or sign up with e-mail

×

Create Alert For

USD
1 BTC = 68390.3000000 USD
1 USD = 0.0000146 BTC
×

Email confirmation

Enter your email address below.

×

Number confirmation

Enter your Number below.