Kucoin

Kucoin Go to website

Web site: https://www.kucoin.com/

Sign up bonus

20% discount on trading fees by this link. Refferal code: QBADHKEF

KuCoin is a popular cryptocurrency exchange that gives everyone the opportunity to join cryptocurrencies. The exchange has more than 27 million users, more than 750 tokens added. This crypto exchange is developing its ecosystem around the KuCoin Token (KCS).

Advantages of KuCoin

  • Just a clear interface, which is easy to understand even for a beginner.
  • Multilingualism – 22 languages are available.
  • There is a convenient mobile application.
  • A big amount of currency pairs.
  • Staking on a professional platform.
  • Functional trading terminal with the possibility of analysis
  • The ability to trade quickly - You can buy USDT using Visa, Mastercard, fiat balance.
  • P2P - Bank transfer and more than 20 options.
  • The possibility of a fiat deposit, which can be replenished via bank transfer.
  • Available spot and margin trading, as well as conversion.
  • There is a trading bot.
  • The possibility of lending.

Disadvantages of KuCoin

  • Lack of Fiat Deposit Options: Although KuCoin allows the purchase of cryptocurrencies via credit cards, Google Pay, or Apple Pay, it does not support direct bank transfers for fiat deposits. This can limit the amount of crypto users can buy directly through the platform, potentially complicating the process for those who prefer using their bank accounts for transactions​.
  • Hidden Fees in Instant Buy: While KuCoin advertises no fees for depositing cryptocurrencies and claims that buying crypto with fiat using their instant buy feature is free, they do slightly increase the price of the crypto you are buying. This lack of transparency in pricing could be misleading for users not aware of these hidden charges​.
  • Complex Fee Structure: KuCoin's fee structure can be complex and varies depending on the transaction and the coins involved. Users need to be mindful of the different fees which could apply and might benefit from checking these fees before completing transactions to avoid surprises​.
  • Customer Support: Some users have expressed dissatisfaction with KuCoin’s customer support, which can be a critical issue when dealing with financial transactions in a fast-moving market like cryptocurrency​.

Registration and verification on KuСoin

To create an account on KuCoin, you can use either your email or mobile phone number. During registration, fill in your personal data and set a password.

To complete the registration, follow the instructions sent to your phone or email from the platform.

After registration, go through the verification process by sending scans of documents confirming your identity and residential address. Verification usually takes up to one week, after which you will get full access to all the features of KuCoin.

How P2P works

Before you start with P2P transactions on KuCoin, make sure that all security settings are activated. This includes identification, linking a mobile number and setting a trading password.

To purchase cryptocurrency:

  • Create a purchase request. As soon as the order is created, the seller's assets are blocked on KuCoin.
  • Make a payment to the seller according to the specified details. After the payment, activate the "Payment completed" button on the platform.
  • Get a cryptocurrency. After the seller confirms receipt of funds, the blocked assets are transferred to your account.

After creating a purchase order, make sure that the payment to the seller is made before the waiting time expires, and confirm the payment. As soon as the seller receives the funds, the cryptocurrency will be transferred to your account.

To sell cryptocurrency:

  • Create a sales request. After that, the assets will be temporarily blocked on the platform.
  • Wait and then confirm receipt of payment from the buyer.
  • Unlock assets on KuCoin P2P.

When selling assets, wait for the payment to be received from the buyer and after confirming this payment, unlock the cryptocurrency on the KuCoin P2P platform.

Staking

KuCoin's staking and lending center is called KuCoin Earn. The exchange offers a wide range of staking services. KuCoin has fixed and flexible staking terms with different returns, as well as promotional staking terms and services for Ethereum and Polkadot staking.

KuCoin also offers soft staking: the user receives interest from staking without locking funds, they just need to be stored in their account. The income from soft staking is lower, but it allows you to actively manage your portfolio while receiving some income from staking. KuCoin supports soft staking for almost 20 coins and tokens, including EOS, Cosmos, Tron, Neblio, and Kusama.

Fees

Fees for trading operations vary depending on the user's status. The maximum size is 0.1% for takers and makers. When trading volumes increase, traders will pay less. The minimum fee (for level 12) for makers is -0.005%, for trackers 0.025%.

You can get a 20% discount on trading fee if you enter the referral code QBADHKEF during registration.

There are also fees for withdrawal and replenishment, which depends on the payment system and cryptocurrency.

Sign up

Supported countries

  • Abkhazia
  • Aland Islands
  • Albania
  • American Samoa
  • Andorra
  • Angola
  • Anguilla
  • Antarctica
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia, plurinational state of
  • Bonaire, Sint Eustatius and Saba
  • Bosnia and Herzegovina
  • Botswana
  • Bouvet Island
  • Brazil
  • British Indian Ocean Territory
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China
  • Christmas Island
  • Cocos (Keeling) Islands
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Cote d'Ivoire
  • Croatia
  • Cuba
  • Curasao
  • Cyprus
  • Czech Republic
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • Falkland Islands (Malvinas)
  • Faroe Islands
  • Fiji
  • Finland
  • France
  • French Guiana
  • French Polynesia
  • French Southern Territories
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guadeloupe
  • Guam
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Heard Island and McDonald Islands
  • Holy See (Vatican City State)
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iran, Islamic Republic of
  • Iraq
  • Ireland
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea, Democratic People's republic of
  • Korea, Republic of
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libyan Arab Jamahiriya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao
  • Macedonia, The Former Yugoslav Republic Of
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Martinique
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia, Federated States of
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • New Caledonia
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norfolk Island
  • Northern Mariana Islands
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Territory, Occupied
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Pitcairn
  • Poland
  • Portugal
  • Puerto Rico
  • Reunion
  • Romania
  • Russia
  • Rwanda
  • Saint Barthlemy
  • Saint Helena, Ascension And Tristan Da Cunha
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Martin (French Part)
  • Saint Pierre and Miquelon
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Seychelles
  • Sierra Leone
  • Singapore
  • Sint Maarten
  • Slovakia
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Georgia and the South Sandwich Islands
  • South Ossetia
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Svalbard and Jan Mayen
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian Arab Republic
  • Taiwan, Province of China
  • Tajikistan
  • Tanzania, United Republic Of
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States Minor Outlying Islands
  • Uruguay
  • USA
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands, British
  • Virgin Islands, U.S.
  • Wallis and Futuna
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe


Trading Fees

Spot Trading Fee maker/taker
Futures Trading Fee maker/taker
P2P
Sign up bonus
Spot Trading Fee maker/taker
0.1% / 0.1%

Futures Trading Fee maker/taker
0.02% / 0.06%
P2P
check icon
Sign up bonus
20% discount on trading fees by this link. Refferal code: QBADHKEF

Compare Kucoin with other exchanges


Company
Spot Trading Fee maker/taker
Futures Trading Fee maker/taker
P2P
Sign up bonus
Spot Trading Fee maker/taker
0.08% / 0.1%
Futures Trading Fee maker/taker
0.02% / 0.05%
P2P
check icon
-
Spot Trading Fee maker/taker
0.1% / 0.1%
Futures Trading Fee maker/taker
0.02% / 0.05%
P2P
check icon
-
Spot Trading Fee maker/taker
0.1% / 0.1%
Futures Trading Fee maker/taker
0.02% / 0.05%
P2P
check icon
Sign up bonus
20% discount on trading commission + mystery box by this link
Spot Trading Fee maker/taker
0.1% / 0.1%
Futures Trading Fee maker/taker
0.036% / 0.1%
P2P
check icon
Sign up bonus
Sign up by this link to claim ByBit Bonus. Referral code: BONUS10
Spot Trading Fee maker/taker
0.1% / 0.1%
Futures Trading Fee maker/taker
- / -
P2P
check icon
-

Reviews about the Kucoin

13.02.2025

Ali

KuCoin needs to improve its payment methods and transparency regarding fees to enhance user experience.

12.02.2025

Ruby

There are several areas where KuCoin could improve. Firstly, the absence of direct bank transfer deposits is a significant limitation. While you can purchase cryptocurrencies using credit cards or payment apps like Google Pay and Apple Pay, not being able to transfer funds directly from a bank account complicates the process for those who prefer or need to use this method. While KuCoin\'s customer service is generally accessible, the quality of support can be inconsistent.

11.02.2025

William

I\'ve been using KuCoin for several months. On the positive side, KuCoin offers a vast array of cryptocurrencies. Additionally, their trading fees are competitively low, which is great for someone like me who trades frequently. The issue I\'ve encountered is the hidden fees associated with the instant buy feature. While KuCoin advertises no fees for this service, the reality is that the prices of cryptocurrencies are marked up, effectively incorporating a hidden fee.



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