KuCoin is a global cryptocurrency exchange based in Seychelles that offers over 600 digital assets to its 10 million customers in 207 countries and territories worldwide. It provides spot trading, margin trading, P2P fiat trade, futures trading, staking, and lending. KuCoin raised $20 million in Series A funding from IDG Capital and Matrix Partners in 2018. KuCoin is one of the top five cryptocurrency exchanges, according to CoinMarketCap. KuCoin was also named one of the Best Crypto Exchanges for 2021 by Forbes. KuCoin was rated the Best Crypto Exchanges and Apps for Enthusiasts by The Ascent in 2022.
In four simple steps, you may purchase KuCoin.
All you’ll need is a smartphone or computer, an internet connection, photo identification, and a method of payment to complete the procedure, which can take as little as 15 minutes.
Compare and contrast cryptocurrency exchanges.
A cryptocurrency exchange is the most convenient way to purchase KuCoin. When you compare the options in the table below, you’ll be able to select one with the qualities you want, such as affordable crypto prices, the convenience of use, and 24-hour customer service.
Make a user account.
You must validate your email address and identity to open an account on a bitcoin exchange. Make sure you have a photo ID and your phone with you.
Make a payment
After you’ve been authenticated, you can deposit money using whatever method fits you best — cryptocurrency, PayPal, wire transfer, etc.
KuCoin is a cryptocurrency that may be purchased.
You can now buy KuCoin with your money. This is as simple as inputting the amount you wish to purchase and pressing buy on more user-friendly exchanges. You can now withdraw your KuCoin to your wallet if you like.
What is the most excellent way to find the best venues to buy KuCoin?
Cryptocurrency exchanges provide similar services but differ in a few significant areas, namely in terms of costs, the number of cryptos accessible, and payment methods. You may use our table to compare the features of prominent cryptocurrency exchanges in the United States and pick the best one for you.
Customer support, user evaluations, the convenience of use, and whether or not the exchange is registered with a local authority are all things to think about. This information may be discovered by going to the exchange’s review page by clicking on its name in the table.
What will I require to purchase KuCoin?
An email address is required to open an account on any cryptocurrency exchange. It’s a good idea to have your phone number and photo ID handy if you’re asked for them.
Before you can deposit funds and start trading KuCoin, many cryptocurrency exchanges will ask you to verify your identification.
Know Your Customer (KYC) is a procedure that needs photo identification and a webcam or smartphone. You may also need to provide a copy of a recent bank statement or utility bill to establish your address.
Conclusion
KuCoin is an unregulated cryptocurrency exchange that operates without a license in the United States. While the platform has cheap fees, the high volume of negative consumer reviews is problematic. Users have experienced missing deposits, difficulties withdrawing funds, and a lack of assistance from customer service.