- •Users must complete identity verification to access the platform.
- •KuCoin is unavailable in the U.S., Singapore, Mainland China, Hong Kong, and Thailand.
- •Supports fiat deposits and withdrawals via third-party providers.
- •New users can receive up to 10,500 USDT in rewards.
- •Over 987+ cryptocurrencies are available for trading.
- •Futures trading allows up to 125x leverage.
- •Automated tools such as trading bots and copy trading are available.
- •Peer-to-peer trading is supported for flexible buying and selling.
KuCoin has established itself as one of the best exchanges for both new and professional crypto users. Whether you want to trade or hold crypto, KuCoin provides a highly secure platform to carry out your crypto activities. In this guide, you’ll explore the key features that make this exchange stand out from the competition and why it could be the ideal platform for your cryptocurrency trading journey.
| Stats | KuCoin |
|---|---|
| 🚀 Founded | 2017 |
| 🌐 Headquarters | Seychelles |
| 🔎 Founder | Michael Gan |
| 👤 Active Users | 40M+ |
| 🪙 Spot Cryptos | 987+ |
| 🪙 Futures Contracts | 410+ |
| 🔁 Spot Fees (maker/taker) | 0.10% / 0.10% |
| 🔁 Futures Fees (maker/taker) | 0.020% / 0.060% |
| 📈 Max Leverage | 125x |
| 🕵️ KYC Verification | Required |
| 📱 Mobile App | Yes |
| ⭐ Rating | 4.7/5 |
| 💰 Bonus | $10,500 (Claim Now) |
KuCoin Exchange Company Overview
Launched in 2017 and based in Seychelles, KuCoin has quickly grown into a global platform with over 29 million users across more than 200 countries. With daily trading volumes exceeding $1.5 billion, you’re dealing with one of the major Tier 1 exchanges. KuCoin stands out for its extensive selection of cryptocurrencies, making it a popular choice among traders worldwide.
KuCoin provides you with the option to engage in P2P trading, spot trading, 10x margin trading, and up to 125x derivatives trading, making it an excellent choice for all your trading needs. Beyond trading, KuCoin also offers various ways to earn on your cryptocurrencies through staking, mining, and automated trading bots.
Since its rebranding, the KuCoin platform has seen significant updates, making it one of the most user-friendly crypto exchanges available. The new interface is well-designed and reliable, ensuring that even beginners can navigate KuCoin with ease.
Additionally, KuCoin has launched its own blockchain, KCC. This decentralized public chain, developed by KuCoin and KCS enthusiasts, aims to address issues like low performance and high costs associated with public chains. KCC offers a faster, more cost-effective experience, and its native token, KCC, provides benefits within the KuCoin exchange, such as lower trading fees and additional bonuses.
KuCoin Account Creation & KYC Process
Signing up for a KuCoin account is simple and just requires an email or phone number and a strong password. After creating your account, you’ll need to complete the KuCoin’s KYC (Know Your Customer) verification process to access all of KuCoin’s features.
Keep in mind that KYC is mandatory for all users. This means you’ll need to verify your identity by submitting a government-issued ID or passport and a selfie. This process typically takes around 15 minutes.
Additionally, some countries are on KuCoin’s restricted countries list due to regulations and anti-money laundering laws. For instance, KuCoin is not licensed in the U.S., so U.S. residents will need to find an alternative platform. Higher levels of KYC verification also increase your daily withdrawal limits.
We strive to keep this information up-to-date, but regulations may change. While we regularly update this data, we make no guarantees, and it is your responsibility to verify whether your country is supported before using the platform. Due to regulations, KuCoin does not support every country. To ensure that you are eligible to register on the exchange, you can use our free KuCoin country checker.🌍 Free KuCoin Country Checker
Simply type in your country and see if you can use the platform or if your country is restricted.
KuCoin Pros and Cons
| 👍 Pros | 👎 Cons |
|---|---|
| ✅ Supports 987+ cryptocurrencies, including many niche tokens | ❌ Not licensed in major jurisdictions like the U.S., UK, EU, and Singapore |
| ✅ Offers spot, futures, margin, P2P, and lending | ❌ Fiat access is limited to third-party providers with varying fees |
| ✅ User-friendly design | ❌ Customer support can be slow during peak times |
| ✅ High liquidity in altcoin markets | |
| ✅ Staking, savings, and KuCoin Earn available | |
| ✅ Includes trading bots, copy trading, and a mobile app |
KuCoin Trading Experience
KuCoin delivers one of the best trading experiences in the market, offering a highly responsive web interface accessible from any PC browser. Its design feels different from most exchanges, giving traders more flexibility and control. You can view multiple charts on a single screen to track different coins simultaneously, or use the “Float” option to detach charts and arrange them anywhere for a fully customized setup. With TradingView integration, you get access to a full suite of indicators and advanced charting tools, while the interface itself supports layout customization for a truly personalized trading environment.
KuCoin is also available on both the Google Play Store and the Apple App Store, with over 10 million downloads and a rating of over 4.5 stars. Similar to the browser interface, the KuCoin app lets you trade on the go and provides a quick overview of your cryptocurrency holdings at a glance.
What stands out about KuCoin is its significant rebranding and website redesign in June 2023. The updated platform is well-designed, fast, responsive, and user-friendly. As one of the top crypto trading platforms, KuCoin offers a variety of trading options to suit all types of crypto traders, ensuring a comprehensive and efficient trading experience.
Spot Trading
KuCoin’s spot trading platform features a selection of over 987+ cryptocurrencies and approximately 1,200 trading pairs, with a 24-hour trading volume exceeding $1.6B+. You can also easily navigate through coins by their niches on KuCoin. Navigating through coins is straightforward, thanks to separate specialized tabs for categories like AI, DePin, DeFi, and NFTs. This intuitive design makes it easier for users to explore and trade a wide range of cryptocurrencies efficiently.
Margin Trading
On KuCoin’s margin trading platform, you can choose from over 250+ trading pairs and trade with up to 10x leverage. The platform offers both Cross and Isolated margin trading options, allowing you to manage your risk more effectively. Additionally, you have access to various trading tools within the interface to help you make well-informed trading decisions.
Derivatives Trading
For those seeking significant leverage, KuCoin’s derivatives platform supports over 410 futures contracts with up to 125x leverage. This allows control of larger positions with smaller margin requirements, though the risks of high leverage should be considered. The platform offers strong liquidity and tight Bitcoin spreads of about $0.1, helping reduce slippage. KuCoin has also introduced a new derivatives trading interface where users can choose between beginner and professional layouts or create a custom setup using a simple drag-and-drop arrangement.
KuCoin Trading Fees
KuCoin’s fee structure is designed to be competitive and transparent, designed to cater all your trading needs. Whether you’re trading popular tokens or looking to explore niche or emerging cryptocurrencies, the platform provides clear and manageable fees. By utilizing KuCoin’s tiered system and holding KCS tokens, you can enjoy additional flexibility and reduced costs, optimizing your trading experience based on your activity.
For spot trading, KuCoin categorizes tokens into three classes:
- Class A tokens (like BTC, ETH, and SOL) come with a standard fee of 0.1% for both makers and takers. By holding KuCoin’s native KCS token, you can enjoy a 20% discount, lowering these fees to 0.08%.
- Class B and Class C tokens are less popular, so their fees are higher. For Class B, you’ll pay 0.2% for both makers and takers, while Class C tokens have a fee of 0.3%.
Spot Fees
0.10% Maker
0.10% Taker
Future Fees
0.02% Maker
0.06% Taker
Your fees can be further reduced based on your VIP level. For example, at VIP level 0, you might pay standard fees, but as you advance to higher levels, your fees can decrease significantly. For top VIP levels, fees for Class A tokens can go as low as -0.005% for makers and 0.020% for takers. For a more detailed breakdown, you can check out KuCoin’s official fee schedule.
For futures trading, the fees start at 0.02% for makers and 0.06% for takers. Similar to spot trading, your fees decrease with higher trading volumes, but there are no discounts for holding KCS. At the highest VIP levels, your futures trading fees can drop to -0.008% for makers and 0.025% for takers.
KuCoin Deposit & Withdrawals
KuCoin offers several benefits for users when depositing or withdrawing crypto or fiat. Let’s take a look at each of them individually, as both activities have separate policies and fees.
KuCoin Deposits & Deposit Fees
Depositing into KuCoin is simple and offers several options. You can deposit cryptocurrency from another wallet, and the fees will depend on the network you’re using. If you’re depositing fiat, KuCoin’s “Deposit Fiat” feature gives you access to 20 different currencies, including EUR, GBP, AUD, CHF, USD, RUB, SEK, and more. With over 10 payment methods, you’ll easily find one that works for you.
If you’re looking for a faster option, you can use the “Fast Trade” feature to deposit crypto with over 60 currencies and 70+ payment methods. Keep in mind that certain countries may have restrictions on crypto deposits due to regulations, but you can always use KuCoin’s P2P trading for the best rates and local payment methods.
The minimum deposit limit is just $5, and there are no fees for fiat deposits. For cryptocurrency deposits, the limit depends on the network you’re using.
Withdrawal Methods & Withdrawal Fees
When it comes to fiat withdrawals on KuCoin, you can withdraw in seven different currencies, including EUR, GBP, BRL, RUB, TRY, UAH, and USD. KuCoin supports various withdrawal methods like Wire Transfer, Advcash, CHAPS, Faster Payments, PIX, and SEPA Bank Transfers. The fees for these methods vary, ranging from 0% with Advcash to €1 for SEPA transfers, and up to $80 for wire transfers.
For cryptocurrency withdrawals, each blockchain network has its own set of fees. These fees can vary significantly depending on the network you choose. For example, withdrawing Bitcoin using the Bitcoin network may cost you around 0.005 BTC in fees.
However, if you opt for a more efficient network like KuCoin’s KCC, the fees can be as low as 0.00002 BTC. This makes choosing the right network crucial for minimizing withdrawal costs, with KuCoin’s supported networks offering a more economical way to handle your crypto transactions.
To learn more, you can explore our KuCoin Deposit Guide and KuCoin Withdrawal Guide for detailed insights on how to manage your funds effectively on KuCoin.
KuCoin Products and Services
KuCoin provides a variety of products and services that go beyond basic spot trading. Reviewing these features helps determine how the platform operates and what it offers to different types of traders.
P2P Trading
In addition to conventional crypto trading options, KuCoin provides a crypto/FIAT P2P marketplace. This feature allows you to buy and sell cryptocurrencies directly with other users on the platform. You can choose from a variety of payment methods, including Apple Pay, Skrill, Wise, PayPal, Zelle, Neteller, and more, making transactions convenient and flexible.
KCC Token
The KCC token is the native asset of the KuCoin Community Chain, a decentralized public blockchain developed by the KuCoin community. It is primarily used to cover transaction fees on the network, participate in governance proposals, and interact with ecosystem dApps. KCC is designed to offer faster transactions and lower fees compared to many other chains, making it practical for on-chain trading, DeFi participation, and transfers within the KuCoin Web3 environment.
Loading...
Rank #Token Symbol
-
All-Time High
-
Current Price
-
Market Cap
-
Total Supply
-
Pre-Market Trading
KuCoin also offers Pre-Market trading, an over-the-counter (OTC) platform where you can trade new tokens before their official launch. You can set your own price quotes and match trades with other buyers and sellers to secure your desired prices and liquidity in advance.
In addition to these features, KuCoin offers a Gempool, where new projects can be featured and gather funding before their official launch. These projects are vetted and verified by KuCoin before being listed in the KuCoin Gempool, providing a secure environment for users to invest in promising upcoming projects.
KuCoin Trading Bots
Another feature of the KuCoin exchange is its trading bot, an efficient way to automate your crypto trading. It is designed to save you time and effort by managing trades based on pre-set strategies, eliminating the need for constant market monitoring. You can choose from several strategies tailored to different trading needs:
- Spot Grid: Profits by buying low and selling high.
- Futures Grid: Capitalizes on market trends with long or short positions.
- Spot Martingale: Manages volatility by buying in stages and selling all at once.
- Smart Rebalance: Balances risk in an investment portfolio over the long term.
- Infinity Grid: Optimizes gains during bullish market conditions.
- DCA (Dollar-Cost Averaging): Profits from regular investments over time.
Each strategy includes risk management features like stop-loss orders and position sizing controls, which can help you maintain trading discipline and effectiveness.
KuCoin Passive Income Products
Why let your crypto assets sit idle when you can make money from them? KuCoin offers various ways to earn from your assets, whether you prefer safe or riskier options. For safer investments, KuCoin Earn allows you to stake your assets and earn an APR ranging from 0.1% to 50%, with options for both long-term and flexible plans.
If you’re open to higher risks for potentially greater returns, KuCoin also offers aggressive earning plans with returns exceeding 1000%. These include Shark Fin, Snowball, Dual Investments, and Protective Buy opportunities.
Additionally, KuCoin provides custom-made guidance and plans to help you achieve higher returns with moderate risks. So, if you have idle cryptocurrencies, KuCoin can be a valuable platform to park your assets and earn returns.
Options Trading
KuCoin’s options trading platform is designed with simplicity in mind, making it approachable for beginners. Currently limited to BTC, ETH, and SOL, it lets users choose whether they expect the price to rise or fall. The process is straightforward, with a slightly gamified structure that makes participation easy to follow.
Launch Hub
The Launch Hub is KuCoin’s section for accessing vetted new crypto projects. It offers users early participation in high-risk, potentially high-reward tokens before they are widely available. While it presents opportunities for gains, it also carries significant volatility, making it more suited to traders comfortable with speculative investments.
KuCoin Web3
KuCoin integrates a Web3 experience directly into its platform, supported by a built-in wallet compatible with 11 networks, including Ethereum, Bitcoin, Solana, KCS Chain, and other EVM chains. This setup allows users to connect with on-chain applications and manage assets without leaving the KuCoin environment.
xStocks Trading
Through its Web3 portal, KuCoin introduces xStocks, a feature enabling users to trade certain stocks alongside cryptocurrencies. This extends the platform’s reach beyond digital assets, providing exposure to traditional markets within the same interface, and offering a more diverse trading experience for users seeking cross-market opportunities.
Cryptocurrencies Available on KuCoin
KuCoin offers you access to over 987+ cryptocurrencies and around 1,200 trading pairs. Whether you’re interested in major cryptocurrencies or exploring lower-cap projects in categories like AI, DePin, Meme, and others, KuCoin provides a diverse selection with low fees. KuCoin is dedicated to continually vetting and verifying new projects to ensure they meet high standards before adding them to the platform.
Additionally, the platform supports major Layer 1 and Layer 2 blockchains, making it easy for you to use different networks for transactions. For instance, you can transfer SOL to KuCoin using the Solana network from an external wallet without hassle.
KuCoin Safety & Security
KuCoin prioritizes your security with multiple layers of protection. Your account is safeguarded through multi-factor authentication, identity verification, and anti-phishing measures. For added safety, KuCoin employs strong device security protocols and advanced wallet protection, ensuring your funds are secure during both deposits and withdrawals.
The platform also implements anti-fraud measures and monitors transactions to prevent unauthorized access. With encrypted communication and regular data backups, KuCoin ensures your personal information remains private and protected at all times. If you decide to stop using KuCoin, you also have the option to fully delete your account.
Despite KuCoin’s strong security measures, the platform faced a major hack in 2020, losing over $280 million in customer funds. Fortunately, most of the stolen assets were recovered, and affected users were compensated through insurance. Despite this setback, KuCoin has since made considerable improvements. They’ve partnered with Onchain Custodian in Singapore for enhanced asset custody and insurance backed by Lockton.
Following the FTX incident, KuCoin took proactive steps by providing full proof of reserves to assure you that your funds are fully backed 1:1. This proof of reserves is updated weekly, so you can track the security of your assets in real-time.
KuCoin Customer Support Experience
KuCoin places a strong emphasis on customer support, reflecting its motto: “An exchange for, by, and of the people”. With 24/7 customer service, live chat, and an extensive knowledge base, KuCoin ensures you have the resources needed to navigate the platform smoothly.
The exchange addresses issues promptly, and its vibrant community on Telegram, Discord, and other social media platforms often helps resolve most problems. This active user base not only fosters a sense of community but also enhances the overall customer experience on KuCoin.
KuCoin Alternatives
Kucoin is a popular choice for altcoin traders, but here are some other options to explore:
- MEXC: MEXC boasts an even wider selection of altcoins and incredibly low fees.
- Bitunix: Bitunix is a newer exchange with a user-friendly interface and a no-KYC option.
- Bitget: Bitget offers a variety of features, including copy trading and a variety of trading bots.
| Feature | Kucoin | MEXC | Bitunix | Bitget |
|---|---|---|---|---|
| Established | 2017 | 2018 | 2022 | 2018 |
| Spot Fees (Maker/Taker) | 0.10% / 0.10% | 0.05% / 0.05% | 0.10% / 0.10% | 0.10% / 0.10% |
| Futures Fees (Maker/Taker) | 0.020% / 0.060% | 0.000% / 0.020% | 0.020% / 0.060% | 0.020% / 0.060% |
| Max Leverage | 125x | 500x | 125x | 125x |
| KYC Required | Yes | Yes | No | Yes |
| Supported Cryptos (Spot) | 987+ | 3137+ | 541+ | 871+ |
| Futures Contracts | 410+ | 433+ | 400+ | 488+ |
| No KYC Withdrawal Limit | Not Allowed | Not Allowed | $10,000 | Not Allowed |
| 24h Futures Volume | $9.28B | $34.47B | $8.87B | $33.21B |
| Trading Bonus | $10,500 | $20,000 | $5,500 | $20,000 |
| Key Features | • Multiple trading bots • 987+ cryptocurrencies |
• Lowest fees by far • 3137+ cryptocurrencies |
• No KYC required • User-friendly |
• Multiple trading bots • Great for EU users |
| Sign Up | Sign Up | Sign Up | Sign Up | Sign Up |
Final Thoughts
KuCoin offers a well-rounded trading platform that’s suitable for both beginners and experienced crypto traders. With its user-friendly interface, advanced tools, and a wide range of features, it provides a complete experience that goes beyond basic trading, including options like trading bots, staking, and earning programs.
However, it’s not accessible for everyone. KuCoin is restricted in the U.S., Singapore, Mainland China, Hong Kong, and Thailand, limiting its availability in certain markets. Still, for users who can access it, KuCoin delivers a secure, centralized exchange experience with diverse products and tools to support different trading strategies.
FAQs
1. Is KuCoin safe, secure, and legit?
Yes, KuCoin is a safe and legit crypto exchange.
2. Does KuCoin require KYC verification?
Yes, KuCoin requires all users to verify their identity with KYC. Without KYC, you can not use KuCoin’s services.
3. Is Kucoin legal in the U.S.?
No, KuCoin is not legal in the U.S. KuCoin does not have a license to operate in the United States.
4. Does KuCoin report to the IRS?
As KuCoin does not offer services in the United States, there is no reason for KuCoin to report to the IRS.
5. Is KuCoin legal in Canada?
No, KuCoin is not legal in Canada. KuCoin does not have a license to operate in Canada and is therefore not available in the country.
6. Does KuCoin have a native token?
Yes, KuCoin has the KuCoin Token (KCS) which grants holders perks like a 20% fee discount.
7. Is KuCoin good for newbies?
Yes, KuCoin is a very beginner-friendly crypto exchange with an easy-to-use interface.
