KuCoin Guide: What Is KuCoin & How to Register and Use It Safely

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KuCoin has earned a strong reputation in the cryptocurrency world, even being recognized by Forbes as one of the top crypto exchanges in 2021. If you're exploring reliable platforms for trading digital assets, KuCoin is definitely worth considering. This comprehensive guide will walk you through everything you need to know—what KuCoin is, its key features, security measures, and a step-by-step tutorial on registration, verification, depositing, and trading.

Whether you're a beginner or an experienced trader, this article delivers practical insights to help you navigate KuCoin confidently and securely.

What Is KuCoin?

KuCoin is a centralized cryptocurrency exchange (CEX) launched in 2017 and headquartered in Hong Kong. Similar to platforms like Binance and Huobi, KuCoin offers a full suite of trading services including spot trading, futures, staking, margin trading, and even unique features like crypto lotteries.

As of 2025, KuCoin serves over five million users globally and is a preferred choice for many institutional investors. Its robust infrastructure supports high liquidity, consistently ranking among the top 10 exchanges by 24-hour trading volume.

👉 Discover a secure and feature-rich crypto trading experience today.

Key Advantages of KuCoin

KuCoin stands out for its user-friendly design and advanced functionality. Here are the main benefits:

Potential Limitations

One minor inconvenience users may notice is the requirement to enter a withdrawal code each time funds are moved out of the platform. While this enhances security, it can feel slightly more cumbersome compared to exchanges with saved withdrawal templates. However, this extra step significantly reduces the risk of unauthorized transactions.

KuCoin Fees Breakdown

Understanding fee structures is essential for cost-effective trading.

Deposit and Withdrawal Fees

Trading Fees

For detailed fee schedules, visit KuCoin’s official VIP level page.

Is KuCoin Safe?

Security is a top priority at KuCoin. The platform employs industry-standard protections such as:

Since its launch, KuCoin has maintained a strong security record. Although there was a notable incident in 2020, the exchange fully reimbursed affected users from its insurance fund. Today, personal data and assets are well-protected, giving traders peace of mind.

How to Register on KuCoin – Step by Step

Before starting, prepare the following:

Step 1: Create Your Account

  1. Visit the official KuCoin website
  2. Choose your registration method: email or phone number
  3. Enter your contact details
  4. Receive and input the 6-digit verification code sent via SMS or email
  5. Set a strong password
  6. Agree to the terms of service and complete registration

Note: Referral codes are optional and can be skipped during sign-up.

Identity Verification (KYC)

Completing KYC (Know Your Customer) is highly recommended to unlock higher withdrawal limits and advanced trading features.

Benefits of KYC Level 1:

Benefits of KYC Level 2:

How to Complete KYC:

  1. Go to your profile > “KYC Verification”
  2. Select your ID type and upload front and back photos
  3. Submit a selfie holding a handwritten note with current date, signature, and verification code
  4. Wait for approval (usually processed within minutes)

You can also verify through the KuCoin mobile app by scanning a QR code.

Enable Two-Factor Authentication (2FA)

Enhance your account security by enabling 2FA:

  1. Navigate to “Account Security” > “Google Authentication”
  2. Install Google Authenticator or Authy on your phone
  3. Scan the QR code or manually enter the provided key
  4. Enter the generated 6-digit code to activate

⚠️ Important: Save the recovery key in a secure location. It’s crucial for regaining access if you lose your device.

Additional security options include:

How to Deposit and Withdraw Crypto

Depositing Funds

  1. Go to “Assets” > “Main Account” > “Deposit”
  2. Search for the cryptocurrency (e.g., USDT)

  3. Select the preferred network (e.g., TRC20, ERC20, KCC)

    • Pro tip: TRC20 usually offers the lowest fees for USDT transfers
  4. Copy the deposit address and send funds from your external wallet

📌 Always double-check the network—sending tokens via the wrong chain may result in permanent loss.

Withdrawing Funds

  1. Click “Withdraw” under the desired asset
  2. Paste the recipient’s wallet address
  3. Choose the correct network
  4. Enter amount and confirm with 2FA code

Ensure all details are accurate before submitting.

Spot Trading on KuCoin

To begin trading:

  1. Go to “Trade” > “Spot Trading”
  2. Enter your trading password if prompted

Key Interface Elements:

👉 Start practicing spot trading with confidence on a trusted platform.

Types of Trading Orders

These tools help manage risk and automate strategies effectively.

Additional Features on KuCoin

Buy Crypto with Card

Use “Buy Crypto” to instantly purchase USDT or other coins using Visa/MasterCard—ideal for beginners entering the market.

P2P Trading

Buy and sell directly with other users via bank transfer through KuCoin’s P2P marketplace—similar to Binance P2P.

Lending

Earn passive income by lending your idle crypto assets at competitive interest rates (ranging from 12% to 300% APY).

Spotlight

Participate in new token distributions and early-stage project launches.

Lucky Draw

Engage in promotional lottery events—pure chance-based rewards for active users.

Pool-X (Staking)

Stake supported tokens like MATIC to earn rewards over time. While potentially profitable, staking carries risks—research thoroughly before participating.

💡 New to staking? Understand how locking crypto can generate returns—and what risks are involved.

KuCoin Ecosystem Overview

KuCoin Shares (KCS)

KCS is KuCoin’s native utility token built on Ethereum (ERC-20). Holding KCS provides benefits such as reduced fees, voting rights, and dividends from platform revenue.

KuCoin Labs

An innovation arm focused on incubating early-stage blockchain projects. It provides funding, mentorship, and technical support to promising startups in the Web3 space.

Developers and founders can apply for grants through the official investment incubation program.

Frequently Asked Questions (FAQ)

Q: Is KuCoin available in Vietnam?
A: Yes, KuCoin supports Vietnamese language and allows users from Vietnam to register and trade freely.

Q: Does KuCoin require KYC?
A: While basic accounts don’t require KYC, completing verification unlocks higher limits and additional features.

Q: Can I trade futures on KuCoin?
A: Yes, KuCoin offers futures contracts with up to 100x leverage under “Contract Trading.”

Q: How long do withdrawals take?
A: Most withdrawals are processed within 10–30 minutes, depending on blockchain congestion.

Q: Is there a mobile app?
A: Yes, KuCoin offers fully functional iOS and Android apps with all core features including trading, deposits, and 2FA.

Q: What makes KCS valuable?
A: KCS holders enjoy fee discounts, earn dividends from exchange revenue, and gain access to exclusive token sales.

Final Thoughts

KuCoin is a powerful, secure, and versatile cryptocurrency exchange suitable for traders at all levels. With low fees, strong security practices, multilingual support, and innovative features like staking and P2P trading, it remains a top contender in the global crypto market.

Whether you're looking to buy your first coin or explore advanced derivatives, KuCoin provides the tools you need—all within a reliable ecosystem.

👉 Take control of your crypto journey with a trusted global exchange.