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About Kucoin Exchange
- Website: Kucoin.com
- Registration Link: Kucoin sign-up page
- Social Media Handles: X | Facebook | Telegram | WhatsApp
- Founder(s): Michael Gan and Eric Don
- Launch Date: September 2017
- Legit or a scam: Legit
- Work for Kucoin? Update Info!
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Overview of Kucoin Exchange
Kucoin is a crypto exchange platform built with a mission to facilitate the global free flow of digital assets. It has intuitive designs, a simple registration process, and a high level of security.
The platform is user-friendly and supports future, spot, derivatives, and margin trading, a built-in P2P exchange, the ability to buy crypto with a credit or debit card, and instant exchange services. Kucoin exchange facilitated 1.2 trillion in trading volume and supports over 30 million users worldwide.
Kucoin Founders
Kucoin was founded in 2017 by Michael Gan and Eric Don in 2017.
Michael Gan who had a background in technical architecture and development worked as a technical expert at Ant Financial while Eric Don has extensive experience in the financial industry and has held numerous positions in operations management and IT. Together, they combined their expertise to create KuCoin, aiming to make cryptocurrency trading easy, accessible, and secure for users all over the world.
KuCoin launch date
KuCoin was officially launched in September 2017.
What KuCoin Exchange is used for
Besides buying and selling of wide range of cryptocurrencies on the platform, users can also:
- Trade futures and margins.
- Stake and earn rewards.
- Buy and hold Kucoin shares which provides benefits like trading fee discounts and dividends.
- Participate in mining opportunities.
- Store various cryptocurrencies securely in crypto wallets.
- Earn rewards by inviting new users to the platform.
Kucoin account registration requirements
Basic requirements include:
- An Email address or phone number
- A valid government-issued ID (passport, driver’s license, or national ID card).
Types of Kucoin accounts
Kucoin offers users different account types to suit various user needs. They include:
- Basic Account
- Institutional or Business Account
KuCoin’s Basic Account
The basic account offers standard trading functions. you only need your email or phone number and a password to register but this account type has a lower withdrawal limit and limited access to advanced trading features.
KuCoin’s Institutional account
This account type is designed for businesses and professional traders. requirements include extensive verification of the company’s documents and business information. Comes with higher trading limits, customer support, and other professional services.
Platforms you can access KuCoin on
You can access KuCoin Exchange on your web browsers with your PC. You can also download the app with your smartphone on the Play Store with Android or Apple Store with your iOS devices.
How to download KuCoin on your Android device
You can download the KuCoin app directly from the Google Play Store or you visit the official KuCoin website.
How to download KuCoin on your iOS device
Visit the IOS app store on your IOS device to download the KuCoin app. You can also get the app from the KuCoin website.
How to create a KuCoin exchange account
Creating an account on Kucoin Exchange is simple and can be done either using the app (android or iOS) or on the website.
- To create an account on the website, visit the KuCoin site homepage and click on the sign-up button.
- Type in a valid email address and a password. Password must contain at least one uppercase, a lowercase, and a number.
- Click on the checkbox to accept the terms of service.
- complete captcha verification and then click on the sign up button.
- A verification link will be sent to your email address (the address you provided). Click on the link to verify your account.
- After verifying your account, the registration process is complete and your account is ready for use.
How to do KYC on KuCoin
Completing your KYC verification on KuCoin requires 3 important steps for both a standard individual account or an institutional account.
Step 1
- Click on the verify button, and a verification screen will appear.
- Select your country/region.
- Select the certificate or document you’d like to verify with then click continue.
- On the next screen, fill in your full name, date of birth, and address as it is on your certificate, and make sure that the details on the certificate match the information you provided.
Step 2
The next step is to submit the identification certificate you selected.
- Using your camera, snap a clear image of the document then upload it.
- You can also upload from your gallery or folder.
Step 3
The final step is facial verification.
- Snap and upload a clear image of your face.
- Do not put on hats, masks, glasses, or makeup.
An email will be sent to your inbox notifying you of the verification result. If the pieces of information and the documents you provided are valid, the KYC verification will be complete.
FAQs
Is KuCoin Safe and Reliable?
KuCoin is a safe exchange platform as it makes use of the latest encryption technology to help secure its website from fraudulent attacks. They also use two-factor authentication techniques for sign-ins and withdrawals.
How do I deposit in a KuCoin account?
You can deposit crypto into your account by sending cryptocurrencies from a different wallet or exchange to your KuCoin wallet address.
- Go to your Kucoin account homepage.
- Click on the assets icon and select deposit.
- Go to the particular crypto coin you want to deposit eg bitcoin, copy the address, paste the copied address to the other exchange or wallet you’re transferring from, and send.
- You will receive the amount you sent directly into your KuCoin crypto account.
- Note that this might take some time.
How can I buy crypto with Fiat currency in my KuCoin account?
- To buy a crypto coin with your fiat currency, go to the Kucoin homepage.
- Select buy crypto, and choose the Crypto you want to buy.
- Select the fiat currency you are using and put the amount.
- A page will appear where you will select your payment method. Confirm your transaction, then wait for the Crypto to reflect in your Kucoin account.
- Note that some depositing methods, e.g. bank transfers, require you to verify your account.
How do I withdraw crypto from KuCoin?
To withdraw cryptocurrency from your Kucoin account to your personal wallet address.
- Copy the wallet address of the cryptocurrency you are transferring to.
- Go to your Kucoin account homepage, click on the asset icon then select withdrawals.
- Select the crypto you want to withdraw, enter the amount, and then paste the wallet address you copied.
- Confirm your inputs then send. Your transaction will be processed after completing your account security verifications.
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