Сryptocurrency exchange Kucoin

Kucoin is a cryptocurrency exchange founded in 2017 by Michael Gan, Eric Don, and their partners. As of 2024, it ranks as one of the world’s largest crypto platforms. With over 27 million clients and a daily trading volume nearing $4 billion, the exchange is a go-to destination for cryptocurrency trading. Here, you can find the answer to 'What is Kucoin?' and how it caters to its diverse user base.

The platform stands out with the following features:

1. Wide Selection of Cryptocurrencies
   Kucoin supports over 750 coins, including popular options like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and Solana (SOL). The platform lists nearly all tokens shortly after their initial launch, ensuring users have access to both well-established cryptocurrencies and emerging assets.
2. Leverage Trading
   While not all cryptocurrency exchanges offer leverage trading due to their high-risk nature, the Kucoin exchange provides this tool for experienced traders looking to amplify their gains.
3. Investment Opportunities
   Users can invest through professional asset management services, with the platform promising steady returns for these managed investments.

Whether you want to buy cryptocurrency, engage in active trading, or explore long-term investments, Kucoin caters to a wide range of users. Its comprehensive tools and features contribute to its consistently high ratings and positive evaluations from both clients and industry experts.

To begin buying and selling cryptocurrency on the exchange, users must register, verify their account, and fund their balance. Below is a detailed guide on how to register, complete identity verification, make a deposit, and perform other essential actions to get started on the platform.

To complete your Kucoin registration, follow these steps:

1. Visit the official Kucoin website.
2. Click on the Sign Up button.
3. Enter your email address or phone number.
4. Agree to the platform’s terms and conditions.
5. Click Create Account and Claim Reward.

You will receive a unique 6-digit code via either email or SMS. Enter this code on the platform, then create a secure password (minimum 10 characters, including numbers, uppercase, and lowercase letters). Once this is complete, your registration is finalised.

Alternatively, you can sign up using your Telegram, Google, or Apple account. To do so, select the desired service during registration, authorise Kucoin to access your account information, and follow the prompts to complete the setup.

Completing your Kucoin verification is mandatory to access all platform features. Here’s how to complete the process:

1. Open the user menu by clicking the profile icon at the top of the screen.
2. Select Identity Verification from the menu.
3. In the Standard Identity Verification section, click Verify.
4. Proceed with Continue in the browser.
5. Select your country of residence.
6. Choose the type of document to upload.
7. Click Continue and provide the following details.
8. Enter your full name and document number.
9. Upload a clear, colour photograph of the document.
10. Click on the Continue button.

Once the provided information is submitted, it undergoes verification. If everything is in order, the client will be verified, typically within a few minutes.

For verification, users can submit a passport, ID card, or driver's license. The photos of these documents uploaded to the exchange website must be clear and in colour.

After identity verification, the user gains full access to the platform's features, including balance deposits, trading, and withdrawals. The verification also grants a transaction limit of 999,999 USDT for standard operations, 500,000 USD for P2P transactions, and up to 125,000 USDT for futures leverage trading.

To perform Kucoin com login, follow these steps:

1. Click the Log In button at the top of the screen.
2. Enter your email or phone number.
3. Click Next.
4. Enter your account password.
5. Press Log In.

After that, the login needs to be confirmed with a unique 6-digit code sent to the user's email or phone.

It is also possible to log in using a Telegram, Google, or Apple account. To do so, the user must start the authorization process, click the logo of the appropriate platform in the form, wait to be redirected to its site, and allow the exchange to access data from their profile.

If the user has forgotten their password, they can reset it. To do this, they need to click 'Forgot password?' in the login menu, provide their email or phone number, and confirm the action. After that, a code will be sent to the provided email or phone, and once the user enters it on the exchange's website, they will be prompted to set a new password. They must do so and save the changes.

After logging in, you can access the user dashboard by clicking the round profile icon at the top of the screen. The dashboard includes the following sections:

• Dashboard: Displays your assets and provides options to deposit or withdraw funds.
• Security: Allows you to change your password, enable Google Authenticator, and monitor recent account logins.
• Identity Verification: Here, you can complete the verification process to access all platform features.
• API Management: This section provides API keys for integration but requires linking your phone number and setting a trading password first.
• Sub-Accounts: Create sub-accounts once you’ve set a trading password and enabled Google Verification.
• Export History: Export transaction reports, including futures trading data.
• My Rewards: Displays bonuses and gifts received from the platform.

You can also view your assets in the Assets section, accessible via a link at the top of the page. Transaction data and orders are available under Orders, also located at the top of the screen.

To make a Kucoin deposit in fiat currency, follow these steps:

1. Log into your account.
2. Open the Dashboard section of your profile.
3. Click Deposit.
4. Select Deposit Fiat.
5. Choose a payment method.
6. Enter the amount and payment details.
7. Confirm the transaction.

For cryptocurrency deposits, the process is slightly different:

1. Log into your account.
2. Open the Dashboard section.
3. Click Deposit.
4. Select the cryptocurrency and network you want to use.
5. Send the funds to the provided wallet address.

Kucoin supports deposits in USDT and other popular tokens for cryptocurrency transactions. For fiat deposits, you can use Visa and MasterCard, or opt for Kucoin P2P payments via Apple Pay, Google Pay, Skrill, SEPA, and other supported systems.

Even beginners will find it easy to learn how to withdraw money from Kucoin. The withdrawal process is simple and intuitive.

To withdraw fiat currency:

1. Go to your user dashboard.
2. Open the Dashboard section.
3. Click Withdraw.
4. Select the fiat currency you want to withdraw.
5. Click Withdrawal next to the currency.
6. Enter the amount and payment details.
7. Confirm the payment.

The withdrawal procedure can be initiated not only from the 'Dashboard' section of your personal account but also from the 'Assets' page.

IMPORTANT: Fiat withdrawals are only available if you have fiat currency in your account balance. If there is no fiat, you must first exchange it for cryptocurrency using the spot market.

Crypto withdrawals are carried out in a similar manner. In the 'Dashboard' section, click on 'Withdraw,' select the coin, click on 'Withdraw' next to it, specify the token, and network, enter the amount, provide the wallet address, and confirm the action.

It is also possible to withdraw funds through P2P. To do this, you need to find a suitable order, accept it, and make the payment. After that, another user will transfer the agreed amount of funds in cryptocurrency or fiat to the client's exchange account details.

Kucoin offers mobile apps that allow users to trade from anywhere with an internet connection. These apps replicate the full functionality of the desktop site while featuring an interface optimised for smartphone screens.

Key Features of the Kucoin App for Android

The Kucoin APK can be downloaded for free from the Play Market. A distinctive feature of the software is the presence of a quick access panel at the bottom of the screen, which allows users to activate one of the platform's main functions with a single click. The software offers the same functionality as the desktop version but also provides several additional options, including fingerprint login and push notifications.

Key Features of the Kucoin App for iPhone

The Kucoin iOS app is available for free download from the App Store. It shares the same functionality and interface as the Android version. Both apps are nearly identical in their feature sets, ensuring a consistent trading experience across devices.

Kucoin App for PC

Unfortunately, the Kucoin download option is not available on a PC, as the platform does not offer official desktop software. Trading from a computer is only possible through the platform's official website, accessible via a web browser.

Kucoin charges fees for several types of transactions:

• Deposits.
• Withdrawals.
• Trades.

Kucoin trading fees vary based on the user’s VIP level, which is determined by their account activity. For new users, trading fees after registration are as follows:

Attention! As your VIP level increases, fees gradually decrease. At the highest tiers, fees for some operations can drop to as low as 0.005%.

No fees are charged for deposits. Withdrawal fees, however, depend on the token or fiat currency being withdrawn and may vary accordingly.

The cryptocurrency exchange offers clients a wide range of additional tools and features that make its use as convenient as possible. Here are some of these Kucoin futures:

• Special services for institutional and VIP Users. The exchange offers additional options for clients with a high trading volume. These include discounted rates, crypto loans, market makers, investments through professional brokers, and more.
• Trading bots for automated trading. These allow trading without the need to monitor markets. Flexible settings are available, allowing users to set parameters for various trading models.
• API KuCoin. Available for spot, margin, and futures trading with over 600 digital and fiat currencies. Complete documentation, code samples, and a testing environment are provided in more than 5 languages.

Like many other exchanges, exchange Kucoin offers clients an investment tool called Earn, which resembles a bank deposit. Its distinctive feature on the platform is the option to connect with a professional manager to increase asset returns.

Kucoin supports a variety of trading options, including, Spot trading and margin trading. Futures and derivatives. Users can trade using a feature-rich terminal displaying real-time cryptocurrency price fluctuations. Additionally, tokens can be bought directly from other users via Kucoin's P2P platform.

Spot Trading on Kucoin Crypto

Kucoin’s spot trading platform lists over 750 tokens, including Bitcoin and popular altcoins, as well as niche cryptocurrencies. Trading pairs are diverse, with options like USDT, BTC, ETH, KCS, and USDS, alongside a few alternatives such as TRX and DOGE.

Order Types on the Exchange Kucoin Platform

Kucoin offers the following order types:

• Market Orders: Instantly buy or sell at the current market price.
• Limit Orders: Execute trades only when the asset reaches a specified price.
• Stop-Limit Orders: Trigger a trade when a predetermined profit or loss threshold is met.

Switching between order types is simple by using the tabs in the trading terminal’s interface.

Futures and Perpetual Contracts on Kucoin

On the exchange, users can trade futures. The cross-margin mode is available, where the balance of the user's futures account is used as a margin for all related positions. Perpetual contracts such as USDT-M, USDC-M, and Coin-M are also available. The most popular futures contracts are those for Bitcoin, and the exchange also sees high demand for contracts with highly volatile altcoins like FTM, XRP, and others.

Kucoin operates under an international license, adhering to financial regulations. Advanced encryption algorithms protect user data, ensuring it remains secure and inaccessible to unauthorized parties. These measures make trading on Kucoin highly secure.

A Kucoin bonus can be received by both new and registered clients. This can be done by participating in promotions, the loyalty program, or by acquiring VIP status, which grants additional privileges. The gifts are given in real cryptocurrency — usually in USDT or other stablecoins.

Kucoin Promotions

The platform runs a Kucoin promotion named GemSlot, where users can earn rewards by completing tasks. For example, trading $100 in a single transaction earns 100 tickets. These tickets can be redeemed for airdrops, often distributed in low-cost altcoins.

Temporary promotions are also frequent, typically involving prize draws. These may require specific actions, such as reaching a particular trading volume, with rewards generally issued in USDT.

Bonuses for Kucoin Exchange Clients

The Kucoin sign-up bonus, similar to the GemSlot promotion, consists of a collection of rewards for completing tasks, including registration, verification, deposit, and others. Each of these actions grants a reward. The total value of rewards for new clients can reach up to 20,300 USDT.

Additionally, you can receive a bonus by using a Kucoin promo code when creating an account. This code can be found with the cryptocurrency exchange’s partners. The size of the gift awarded via the code depends on its denomination, so it may vary.

Overview of the Kucoin referral program

The platform has a referral program. Every client of the exchange can participate — after registration, they are provided with a special Kucoin gift code, which they can use to invite other users to the platform. Later, they will receive 20% of the commissions from their referrals. The referred users will also be entitled to additional cashback if they register using the referral code.

The VIP Kucoin Program

To achieve VIP status on the exchange, a user must reach a turnover of 1,000,000 USDT in spot trading or 5,000,000 USDT in futures and also hold at least 1,000 KCS. In return, the user will receive privileges, including reduced trading fees. The Kucoin VIP program has 12 levels. To reach level 12, a spot trading turnover of 950,000,000 USDT, a futures turnover of 1,000,000,000 USDT, and 150,000 KCS are required — at this point, commissions will drop to 0.005–0.025% (depending on the type of trading).

ATTENTION! When determining status, the user’s activity over the past 30 days is considered.

You can contact Kucoin support via email at newapi@kucoin.plus. The exchange's support service can be rated as high-quality: the team responds quickly to user messages and efficiently resolves any issues that arise. The average response time is just 5–10 minutes. Additionally, support has a bot on Telegram: t.me/KuCoin_API. The response time there is even faster — only a few seconds.