Moreover, KYC can effectively reduce fraud, money laundering, and terrorist financing, amongst other malicious activities. Agree to the our terms and policy agreement. Many users have questioned KuCoins security following the incident, despite the companys assurance that user funds were not compromised. The mobile app is available for both Apple and Android devices and operates very smoothly. Also, the platform features advanced trading and analysis tools complete with technical indicators and charting that are powered by TradingView. Advertisement. The ID document must be the original version. On the right side of the trading window, enter the number of coins you'd like to short underneath Amount. Are US users allowed to do KYC? Best Crypto exchanges with no KYC - YouTube But as said before, you are still able to trade with just your e-mail, if you get your starting crypto-coins elsewhere. KuCoin Canada Review 2023 - Savvy New Canadians This makes it one of the most accessible exchanges for users looking to buy, sell, or trade cryptocurrencies. KuCoin Restricted Countries. Binance Jersey. However, it is not mandatory to use a KYC exchange (also referred to as surveillance exchanges by their detractors) to trade. You will also be required to upload a selfie photo of you holding the identity document, and a handwritten note. This means KYC verification is unavailable, which limits the amount of money you can withdraw. Please click "Start Verification" on theIndividual Verification screen, enter KYC1 verification screen. We highly recommend that you use this companys customer service because they are responsive and will respond to your questions as soon as possible. KuCoin doesn't have a license to operate in the USA yet. 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. 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 Yes. KuCoin-supported countries KuCoin supports nations such as the United Kingdom, Russia, Australia, India, and Germany. Careful. KYC verification is quite common in centralized exchanges. Its important to do your own research before signing up for a cryptocurrency exchange. 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. It is also important to ensure that the photos are clear and readable. This tutorial will guide you through the steps to verify individual KYC on KuCoin. As of the end of 2018, KuCoin has collaborated with Simplex, a European payment provider, allowing users from more than 100 countries to deposit money using a debit or credit card. I hope you have found your country in the list of KuCoin supported countries. It now has over 10 million users and a presence in over 200 countries around the world. For institutionalaccounts, please go to KYC Verification, click Switch to Institutional Verificationand then "Supplement Information" to finish your KYC. The customer support and service offered by KuCoin is excellent. The Kucoin team has worked hard to make the platform user-friendly and available in a variety of languages. KuCoin supports a large number of countries around the world, such as India, Turkey, Japan, Canada, the UK, Singapore and many others. It swiftly became one of the most popular crypto trading sites. In 2018, the exchange announced a 20 million USD Round-A-Funding from Matrix Partners and IDG Capital. 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. Sadly its for tax reasons and makes a ton of sense. The app has been designed to make trading on the go convenient and easy. People can trade crypto with just an email address because the account verification step is optional. Exchanges continue to allow traders to transact with debit cards, including Sberbank . 6 Cryptocurrency Exchanges That Don't Require KYC Kucoin KYC (Know Your Customer) Verification - BosCoin Best Crypto Exchanges in Bahrain | Regulated Platforms (2023) If so, you can sign up by clicking the button below and start trading with some of the lowest fees ever! KuCoin Review | Read This Before Signing Up! - CoinCodeCap If you still have questions about the selfie photo required, check the YouTube video below to get more instructions, or contact our online support for further assistance. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Let us know in the comments section below. Your trade will be executed instantly. I also hope your cryptocurrency trades work out!See you in the next article! Funds stolen in the KuCoin hack on September 26, 2020 were quickly moved into DEXs such as . KuCoin Review 2023: Details, Pricing & Features - CoinSutra KuCoin has managed to gain immense amounts of popularity in the cryptocurrency space and aims to be one of the top 10 cryptocurrency exchanges by 2019. Usually, the result of KYC2 will be published in a few days. How to Recover Stolen Cryptocurrency? In this article, well take a look at the countries where Kucoin is available and discuss some of the benefits of using this exchange. KuCoin No KYC requirements. KuCoin Trkiye (@KuCoinTurkey) / Twitter Please note that the submission of false or invalid information may result in the rejection of the verification. KuCoin is a centralized cryptocurrency exchange, and according to CoinMarketCap, it has approximately 503 tradable cryptocurrencies. Although heavy in its limitation in the number of cryptocurrencies you can trade in, LocalMonero you make a trade directly with another person, unlike centralised crypto exchanges. The top fiat currencies with which you can buy coins are USD, EUR, CNY, GBP, CAD, AUD, and many more . KuCoin has thus far proven themselves to be a reliable and trustworthy exchange. KuCoin is one of the most popular exchanges that supports a wide range of currencies and nations. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Even fiat trading pairs are not offered, so traders will need to acquire cryptocurrencies with fiat currency elsewhere before trading on KuCoin. Underneath Price, enter the price you'd like to buy the cryptocurrency. 5. Fiat deposits can be made with credit or debit card and theres no KYC requirement, with a 2 BTC daily withdrawal limit. Out of respect to the company's operational requirements, we are only providing service for countries listed in the KYC countries list (USA is not included), in order to comply with all applicable laws and regulations. How to Change Metamask Window Size with Ease, Phemex Learn & Earn Answers to All Courses: Earn Free USD, The biggest Crypto Exchanges by 24- hour trading volume, Simple Fix to You Declined the Action in Your Wallet OpenSea Error, What is Profit Margin and How to calculate it Using Google Sheets. KuCoin is ranked third in terms of 24-hour trading volume among cryptocurrency exchanges. KuCoin is pretty incredible given they operate without KYC and offer hundreds of exotic altcoins and low fees. 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Furthermore, KuCoin is a member of the Association of Cryptocurrency Exchanges (ACX), a group that promotes best practices and customer service among cryptocurrency exchanges. How to Complete KYC Verification 3. There will be a high limit for unverified accounts, but your account will be limited. But their account will remain unverified. Meanwhile, please note that it may take several business days to complete the verification due to a large number of requests, we shall further notify you by email if there are any updates, during this period of time, please rest assured that the deposit and withdrawal are available at your KuCoin account. But its still a great exchange I really like it easy to use for a beginner like me. KuCoin Review 2023 - Investopedia: Sharper insight, better investing. How to Short Cryptos on KuCoin CryptoChronicle.io