KuCoin, established in September 2017 and headquartered in Seychelles, is a globally renowned cryptocurrency exchange. Recognized by Forbes Advisor as the "Best Cryptocurrency Exchange Platform of 2021", KuCoin ranks among the top five exchanges worldwide, offering secure and versatile digital asset trading services. This guide covers KuCoin’s registration, KYC verification, deposit, and withdrawal processes.
Step-by-Step Registration
Step 1: Access the Official Website
Visit the KuCoin website and click "Register" at the top-right corner or the "Sign Up" button on the homepage.
Step 2: Choose Registration Method
Select either mobile or email registration. Use the referral code CX87536L to receive fee discounts and a welcome bonus (up to $500).
Step 3: Complete Registration
After filling in your details, click "Register". Unverified accounts can still deposit funds, trade, and use leverage.
KuCoin KYC Verification Guide
KYC (Know Your Customer) ensures compliance with anti-money laundering (AML) regulations. KuCoin offers two verification levels:
1. Basic KYC Verification
Requirements:
- Country/region
- Full name
- Valid ID (passport, national ID, or driver’s license)
Steps:
- Navigate to Account Name → Identity Verification.
- Click "Start Verification" and submit your details.
- Await approval (typically instant).
2. Advanced KYC Verification
Benefits:
- Higher withdrawal limits (up to 200 BTC daily).
- Access to 100x leverage and $70,000 daily fiat trading.
Steps:
Upload a handheld ID photo and a handwritten note with:
- Signature
- Dynamic code
- Current date
- Submit for review (takes 5–7 days).
Note: Ensure photos are clear and meet guidelines.
KuCoin Security Settings
Enhance account safety with:
- Google Authenticator: Enable 2FA via the Google Authenticator app.
- Transaction Password: Set a unique password for withdrawals.
Depositing Funds into KuCoin
KuCoin supports three deposit methods:
| Method | Description | Fees |
|-------------------------|-----------------------------------------------------------------------------|--------------------|
| Credit/Debit Card | Buy crypto directly with Visa/Mastercard (2%–6% fee). | 2%–6% |
| P2P (C2C) Trading | Trade USDT, BTC, etc., with verified sellers (no fiat support for TWD). | None |
| External Transfer | Transfer crypto from other platforms (e.g., Binance, OKX) to KuCoin. | Network gas fees |
Steps for External Transfer:
- Go to Wallet → Savings Account → Deposit.
- Select the cryptocurrency and network (e.g., ERC-20, TRC-20).
- Copy the address and initiate the transfer from the sending platform.
Withdrawing Funds from KuCoin
Steps:
- Navigate to Wallet → Savings Account → Withdraw.
- Enter the recipient’s wallet address and select the correct network.
- Confirm the amount and complete the withdrawal.
Withdrawal Fees: Vary by blockchain network (e.g., ETH, TRX).
KuCoin Pros and Cons
Pros
- Crypto Lending: Earn passive income (10%–50% APY) via "Earn on Crypto".
- 600+ Cryptocurrencies: Wide selection of DeFi, NFT, and GameFi tokens.
Cons
- Limited TWD Deposit Options: Only credit card purchases support TWD.
Security Measures
KuCoin employs:
- SSL Encryption
- Cold Wallet Storage
- Google 2FA
- Anti-Phishing Codes
For details, read: Is KuCoin Safe?
FAQs
1. What does KYC stand for?
KYC = Know Your Customer, a mandatory identity verification process.
2. Can I edit my KYC submission after mistakes?
Wait for the rejection notice, then contact support via help ticket.
3. Why can’t I withdraw funds?
Withdrawals are paused for 24 hours after security changes (e.g., 2FA reset, password update).