Deepcoin traders are allowed to use a large amount of leverage their leverage on Deepcoin is up to 125x. No. The platform offers 24/7 Arabic-speaking customer support and Bybit can also be used entirely in Arabic. . If you live in the United States, KuCoin's lack of KYC verification is a red flag. How To Create A Kucoin Account And Deposit Funds, How To Send Cardano From Ledger Nano S To Bittrex, How To Transfer Tokens From Kucoin To Metamask, How To Do Your Kucoin Taxes In A Simple And Straightforward Way. The cryptocurrency exchange deals only with cryptocurrency assets and does not offer any fiat currency trading pairs. Despite its higher trading fees, KuCoin is most likely the best option for users based in the United States. Press J to jump to the feed. By signing up, you agree to the our terms and our Privacy Policy agreement. The average time it takes to complete a KYC (Know Your Customer) process with Kucoin is between 2-3 minutes. I cannot find it. The KYC process may vary a bit depending on the industry with financial services provided.From a real example, you will one time need to provide your ID, face verification, and proof of address on government-issued documents. The maximum leverage available on KuCoin futures is 100x, but users need to pass KYC first. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Furthermore, they have access to different trading strategies. Fees charged by KuCoin range from 0.0125% to 0.1%, depending on your tier level. More posts you may like r/kucoin Join 15 days ago Me: 98 19 r/binance Join 27 days ago Waiting for buying opportunity again :< 250 25 r/binance Join Kucoin is a digital asset exchange based in China. 2021 CryptoChronicle.io All rights reserved. The fees for P2P marketplace purchases are entirely determined by the payment method and processor rates used. Customer support of KuCoin is quite robust. The support representatives usually reply in a timely manner in a friendly and professional fashion. Users of the exchange's P2P Fiat Trade can trade USD/USDT, USD/ETH, and USD/BTC pairs. Block DX. Please note that the areas highlighted with * are required. Altho then you are on video withdrawing so gov could still find out if they really want to. Nonetheless, you should be aware of any tax laws in your country. The list will be alphabetical for easy navigation. , SYNERGY. Read More. Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Compared with many other cryptocurrency exchanges, KuCoin support rises above and beyond. KuCoin generates money from small fees incurred on trades and withdrawals. Because you cant complete the KYC process as KuCoin is not licensed to operate in the United States. I hope you have found your country in the list of KuCoin supported countries. Create an account to follow your favorite communities and start taking part in conversations. The KuCoin token is not accepted in the United States due to a lack of regulatory authority. In conclusion, using the KuCoin wallet makes it simple for you to keep your coins safe and accessible. Its founders, Michael Gan and Eric Don, created the platform to make exchanging safe and simple. Although the liquidity could be better, Kucoin has a lot of things in its favor. Know Your Customer (KYC) legislation requires businesses to verify the identity of individuals using their service, particularly where the transmission of money is involved. US doesnt want anyone cashing out (crypto back to fiat) without available record so they can knock on your door. In addition, KuCoin has a P2P exchange, which many users will find attractive. One of the best things about Bybit is its guides to margin trading. We do strongly suggest our clients complete the KYC verification. If you live in an area where you have experience trading cryptocurrency, you may enjoy the services KuCoin provides. Trading Fees: Spot: 0.1% - 0.1% / Perpetual: 0.04% - 0.06%: Withdrawal Limits: Without KYC: $10,000 USD / With KYC: 100 BTC / 24 hours: BTSE . This page may not include all available products, all companies or all services. Thank you! Updated: February 8, 2023. It swiftly became one of the most popular crypto trading sites. The vast majority of countries are unable to use all of KuCoins features. The exchange does not charge a fee for withdrawals based on the coin and the blockchain chosen by the exchange. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. Did you ever fix this Im in the same boat. The simple answer is yes. November 24, 2022. Supplement individual information and click "Submit", your KYC1 will be approved soon. Currently, the platform supports two levels of individual KYC: Basic and Advanced Verification. Tokoin, Lukso, Coti, Chromia, MultiVAC, Bitbns, and Trias have all received funding from the launchpad. Once KYC1 is completed, you will now be able to apply for KYC2 (Advanced Verification) to enjoy more benefits on the platform. If your verification has been rejected, you can log in to your KuCoin account and find the detailed reasons for verification failure on the KYC Verification page. It only lets me withdrawal 1btc every 24 hours, Can you trade crypto to crypto without the kyc, Yes, KYC isn't mandatory when you want to use and trade with the exchange. We are a digital asset exchange company that was established in September 2017. KuCoin is among the most popular Bitcoin exchanges in terms of investor interest today, with a high ratio. Is it even possible? To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Which has a daily trading volume of $7,5B. These processes typically involve the collection and verification of a customer's personally. These include their risk tolerance, investment knowledge, and financial position. KuCoin has not made any adjustments to our policies. Finally, and this applies to using all centralized exchanges, regardless of KYC, dont leave all your crypto on there. If a user's country is not included in the list, unfortunately, we are temporarily unable to . KuCoin has around 5 million users from 200 countries. Withdrawals are done by sending your cryptocurrency to your personal wallet address. Your personal information will be kept confidential. In the United States, there are no KuCoin-supported countries. KuCoin has also added the ability for KYC verified accounts to enjoy a higher daily withdrawal limit. . How to Complete Individual KYC Verification, How to Complete Institutional KYC Verification, Downloading the KuCoin App and Registering an Account, One ID document can be used for verifying a maximum of, Network issues may result in photos failing to upload. However, the exchange has thus far proven itself to be a reputable exchange has a reputable team and founders operating the platform. KuCoin is a safe exchange as they use the latest encryption technology to help secure its website from hackers. KuCoin, despite being a completely legal cryptocurrency, was recently the subject of a major hack. The exchange is very easy to use and features a wide array of cryptocurrency assets. KuCoin is in third place among cryptocurrency exchanges by 24-hour trading volume. Continue with Recommended Cookies. First, log in to your KuCoin account, and click on KYC Verification under the avatar to visit the KYC page. The only deposit and withdrawal options offered by KuCoin are cryptocurrencies. Users can buy . KuCoin, headquartered in the Seychelles, is a major global cryptocurrency exchange. Since then, it has grown to include over 200 cryptocurrencies, 400 markets, and is now one of the most colorful crypto hubs online. Also at the beginning of this article, you can click on the table of contents and jump directly to the letter of the country you need to see if it is supported by KuCoin for KYC verification.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'helpwithpenny_com-large-leaderboard-2','ezslot_3',183,'0','0'])};__ez_fad_position('div-gpt-ad-helpwithpenny_com-large-leaderboard-2-0'); The following countries have full KuCoin KYC verification and all features can be used: As you may have noticed the US is not included in the KuCoin-supported countries. It's a popular option for investors who prioritize privacy and anonymity as it doesn't require users to KYC (verify identity) in order to buy, sell and . 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! Check it out! The company intends to calculate a weighted average of a cryptocurrency based on exchanges across multiple major markets. The native token (KCS) of KuCoin is a low-cost, rewards-based payment method. Please click on Start Verification on the Individual Verification page. You will also be required to upload a selfie photo of you holding the identity document, and a handwritten note. It provides excellent customer support, with a quick response time and a solution to your problem within a few hours. 2. Because KuCoin is based in Hong Kong, it is accessible from all over the world. As one of the most popular cryptocurrency exchanges, Kucoin has gained a loyal following among traders and investors looking for a comprehensive and user-friendly platform. Users are not required to verify their identities and can create an account in a matter of minutes. The selfie photo must include three things: 1) your portrait, 2) the written paper note, and 3) your ID document. of you holding the identity document, and a handwritten note. The majority of people who trade crypto-to-crypt trades with this amount of information are satisfied. KuCoin is pretty incredible given they operate without KYC and offer hundreds of exotic altcoins and low fees. Then, enter the amount of cryptocurrency you want to trade and click Exchange. The app has been designed to make trading on the go convenient and easy. Please click on Continue to Get More Benefits to apply. If you cannot watch the video, don't worry, you can continue reading the article, and we will guide you step by step. Weex is well-known . Complete list of KuCoin supported countries. Completing each level will enable you to access more services on the platform. KuCoin offers 3 levels of Verification:Verification LevelWithdrawal LimitFIAT trading limitFutures trading LeverageUnverified1 BTC/day0Up to 5XKYC11 BTC/day0Up to 20XKYC2200 BTC/day100k USD a dayUp to 100X. KuCoin is a relatively new cryptocurrency exchange, Excellent trading platform and user interface. The ID document must be the original version. The trading platform utilizes all the features an experienced trader would expect and is easy enough for new traders to grasp. Since its inception in 1993, it has grown to become one of the worlds largest exchanges by trade volume, with more than 10 million users and a presence in over 200 countries. Also, the platform features advanced trading and analysis tools complete with technical indicators and charting that are powered by TradingView. The Complete Binance Supported Countries List. Founded in Singapore, Bybit doesnt require KYC, although U.S. residents are excluded from trading. There are some caveats though. The consent submitted will only be used for data processing originating from this website. How to Transfer Funds from VeraWallet to KuCoin, Here Are The Most Scalable Cryptocurrency Blockchains, Heres the Recommended Cryptocurrency Portfolio Allocation, How to Transfer Crypto Between Coinbase and Zebpay. Most importantly, KuCoin is a platform with a proven track history with a strong focus on security. Users who prefer to trade on the go can do so by downloading KuCoins mobile app for both Android and iOS devices. KuCoin has developed their very own proprietary web-based trading platform. Financial . As Spanish citizen, could I use Kucoin as resident of Paraguay or Cyprus? A crypto exchange that has a strong KYC process in place is able to identify and understand who is using the platform, allowing us to assess potential risks to user protection. But can you use KuCoin without KYC? If you meet problems when uploading the identity information and photos, kindly suggest to checking the following factors:1. KuCoins reputation as a highly secure and reliable exchange is well deserved. Neither Bankrate nor this website endorses or recommends any companies or products. KYC1 consists only of providing your legal details name, surname, and ID number.KYC2 is full KuCoin user verification with photos of your legal documents. KuCoin does not currently offer fiat deposits for free, but it is possible to make one in the future. After joining the exchange, you will be able to deposit some of your cryptocurrency funds or use KuCoin Buy Crypto to begin trading. You can find some good and bad examples below for your reference. US citizens are the only ones who are unable to use it due to a lack of a license and the Know Your Customer (KOR) process. Should you have further concern, please contact our support team. In cases where the client forgets his/her credentials to access the platform or when his/her account is taken over by others because of the leakage of personal information from the client-side, the verified KYC information will help the client recover his/her account quickly. Also, all blank fields highlighted with a * are required. KuCoin Restricted Countries. KuCoin now has more than 8 million registered users in over 100 countries. Start building your wealth, educate and grow with us! The size of the image file should be less than 4MB;3. Unlike other exchanges, which directly report to the IRS, KuCoin does not have a US license. Press question mark to learn the rest of the keyboard shortcuts. The exchange holds regular airdrops and allows users to earn, , Kucoin among them. Type above and press Enter to search. June 2, 2022 KuCoin, VeraWallet. How to Transfer Funds from VeraWallet to KuCoin. Part 2: How to complete KYC Verification? It allows users to trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. However, there'll be a withdrawal limit of 5 BTC per 24 hours for unverified accounts. KuCoin has been approved for use by US residents. All Rights Reserved. I feel like the whole thing masquerades as protective risk safeguard around margins, but IRS wants their money and seems like they are slowly making moves to be able to get it. However recently I heard some rumors that KuCoin will close accounts from Iraq and other countries. KuCoin is estimated to have at least 10 million users spread over 200 countries worldwide. Please ensure the certificate of identity is consistent with you. Bybit is a popular derivatives exchange that could become a lot more popular if Bitmex introduces KYC, as has been rumored. Careful. They strive to make it affordable to use their exchange to grow their customer base and become the number 1 exchange. KuCoin, an upcoming cryptocurrency exchange, has already made a name for itself in the cryptocurrency community. These days, its taken as a given that KYC must be endured to trade cryptos on centralized exchanges. KuCoin has thus far proven themselves to be a reliable and trustworthy exchange. Usually, the result of KYC2 will be published in a few days. How to reach KuCoin Customer support? As with most cryptocurrency exchanges, KuCoin is not regulated by any reputable regulatory agencies. How do I use KuCoin without KYC? Local Monero. Once you have cryptocurrency in your account, you can trade it for other cryptocurrencies on Kucoins exchange. KuCoin is ranked third in terms of 24-hour trading volume among cryptocurrency exchanges. Purchase Agreement. Its an exchange that provides user-friendly trading interfaces on desktop and mobile, so its an ideal choice for both new and experienced traders looking for exposure to well-known, as well as lesser-known, small-cap cryptocurrency assets. The mainstream fiat currencies supported by KuCoin are USD, CAD, CNY, VND, and IDR. KuCoin supports countries like UK, US, Canada, Australia, Singapore, India, Japan, etc. If your KYC application is not approved due to the Handheld Identity Document Photo, please refer to this video for instructions: Rewards will be provided to users who inform us of the above. KuCoin employs several layers of security, including micro-withdrawal wallets, industry-level multilayer encryption, and dynamic multi-factor authentication. Only deposit what you actively need for trading purposes and keep the rest of your stack in a noncustodial wallet. KuCoin was hacked in 2020, causing major damage. Another advantage of KuCoin is that it offers over 700 popular coins. You can still do plenty of trading on KuCoin without verification, however! Traders can be rewarded for actively engaging and promoting the platform, investing in new cryptocurrencies, and taking part in competitions and contests. Your network may also be causing the upload to fail. KuCoin is a well-known name in the crypto world because it has established itself as a one-stop shop for all types of cryptocurrency operations. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved. They have implemented a number of security checkpoints within their interfaces in addition to encryption of bank-level assets and data. The exchange was established in May 2017 by an experienced team of blockchain and cryptocurrency professionals who. Binance Jersey is fiat focused crypto exchange built on top of technology developed by Binance, the leading and most known crypto exchange on the market. KuCoin cryptocurrency exchange was founded in 2017 by Michael Gan and Eric Don. It has a web interface as well as a popular mobile cryptocurrency app. As mentioned earlier, KuCoin only retains 10% of the fees they charge, returning 90% of the fees to the users of the platform. Thanks! Could you post the link of the website where it lists the countries allowed? Please be reminded that KYC is not mandatory here in KuCoin. How to Trade on KuCoin with No . Dont want to get your crypto stolen? KuCoin officially implemented KYC in November 2018, which was important for meeting the changing rules in the crypto industry for fighting against cybercrimes such as scams, fraud, and money laundering. 0.1% - 0.1% + Discounts. Kucoin US is a digital asset exchange company. You can click on the countries tile to see which countries are not eligible for participation, then the purchase agreement tile to read the agreement and select "I agree." . You will need to use a VPN to gain access to Kucoin while in the United States. Bybit is a popular derivatives exchange that could become a lot more popular if Bitmex introduces KYC, as has been rumored. If a user's country is not included in the list, unfortunately, we are temporarily unable to verify the user's KYC. Press J to jump to the feed. KuCoin supports individual verification and institutional verification. You can still do transactions including withdrawal and deposits. The exchange holds regular airdrops and allows users to earn USDT for lending BTMX. Theres reasonable liquidity, margin trading, a wide range of coins listed, and a native BTMX token that provides discounted trading fees and other benefits. The 2-Factor Authentication (2FA) feature allows you to protect your account by combining two-factor authentication with Google Authenticator, as well as protect your assets from theft. 5. The CEO and original founder of KuCoin, Michael Gam, formerly worked at Ant Financial which is the most valuable Fintech company in the world. You can trade securely and safely using a VPN while traveling to the United States, and you can access the platform while traveling there. Full KuCoin KYC (and all features) is available in the following countries (alphabetical): A Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Australia Austria Azerbaijan B Bahamas Bahrain Bangladesh Belarus Belgium Belize Benin Bhutan Bolivia Botswana Brazil Brunei Bulgaria Burkina Faso Burundi C Cambodia Cameroon Canada Cape Verde All that is required is an email address and password to open an account and begin trading. The most popular fiat currencies for purchasing coins include USD, EUR, GBP, CAD, and AUD. There are a lot of negative reviews on crypto exchanges, but KuCoins user reviews are especially bad. 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