KuCoin KYC and Account Verification. Financial . May 30, 2022 Guides, KuCoin, Security. Upon registering on KuCoin you will be given an unverified profile status. The KYC is carried out to stop illegal actions like money laundering or fraud, protecting both the company and the client. Which has a daily trading volume of $7,5B. KuCoin KYC consists of KYC1(Basic Verification) and KYC2(Advanced Verification). In an effort to protect your account and digital assets, the exchange has added a trading password as a new feature. KuCoin does not currently offer fiat deposits for free, but it is possible to make one in the future. But what countries are supported on KuCoin? However, some of the most commonly cited countries that are believed to be supported include: the United States, Canada, the United Kingdom, Australia, Singapore, and Hong Kong. CopyRight 2017 - 2023 KuCoin.com. Only deposit what you actively need for trading purposes and keep the rest of your stack in a noncustodial wallet. As a result, the majority of crypto exchanges now enforce KYC. Over 300 people work for the company around the world. Theres reasonable liquidity, margin trading, a wide range of coins listed, and a native BTMX token that provides discounted trading fees and other benefits. Fees charged by KuCoin range from 0.0125% to 0.1%, depending on your tier level. Up to 3 BTC a day can be deposited and withdrawn without requiring KYC. They offer a 24/7 hotline chat service where experienced representatives are available to assist users with any questions they have. ), Noticeably absent: The United States of America, China. KuCoin is the last standing major exchange that offers any level of trading without KYC, but trading capacity is quite limited . KuCoin supports individual verification and institutional verification. Further, it has over 200 cryptocurrencies and more than 400 markets. Because it does not hold licenses in America, Kucoin users will have restrictions on how much they can withdraw and from where if trading within American borders often making them tempting targets for US-based hackers looking to steal funds! Once the review is completed, we will notify you of the result via email/SMS. KYC is required + US Customer Friendly. Identity verification acts as a deterrent against people . Another way to receive bonuses is to hold KuCoin Shares. Proceed to complete Advanced Verification, you will get more trading benefits. Exchanges That Don't Require KYC - HedgeTrade The trading platform utilizes all the features an experienced trader would expect and is easy enough for new traders to grasp. All of the features listed below have been verified by KuCoin and can be used to verify your KYC. USD, EUR, GBP, CAD, and AUD are among the most popular fiat currencies for purchasing coins. About KYC Verification | KuCoin - Bitcoin Trading | KuCoin The app has been designed to make trading on the go convenient and easy. Kucoin Review for 2023 - Safety, Fees, and Coin Selection
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