KuCoin has emerged as one of the most talked-about cryptocurrency exchanges since its launch in 2017. With over 900 supported cryptocurrencies, competitive trading fees, and a growing ecosystem of financial tools, it's no surprise that traders worldwide are evaluating whether KuCoin is safe and suitable for their needs. This comprehensive review dives deep into the platform’s security measures, features, fee structure, usability, and limitations—helping you make an informed decision.
Whether you're a beginner exploring your first exchange or an experienced trader seeking advanced tools, this guide covers everything you need to know about KuCoin in 2025.
What Is KuCoin?
KuCoin is a centralized cryptocurrency exchange founded in May 2017 by a team of fintech professionals with backgrounds at companies like Ant Financial and iBox PAY. The platform was designed to offer a secure, user-friendly environment for buying, selling, and trading digital assets globally.
Today, KuCoin serves more than 39 million users and supports over 1,200 spot trading pairs, making it one of the most diverse exchanges in the crypto space. While it doesn't match Binance in average trading volume, its wide selection of coins and innovative features continue to attract both retail and institutional traders.
You can access KuCoin via web browsers or through its dedicated mobile app, available on both Android and iOS devices. Its interface is intuitive, and the platform continues to expand with new products like Web3 wallets, staking programs, and even a blockchain network called KCC (KuCoin Community Chain).
Key Advantages of Using KuCoin
Robust Security Measures
Security is a top concern for any crypto user—and rightfully so. After suffering a $200 million hack in September 2020, KuCoin responded decisively: it recovered 84% of stolen funds and fully reimbursed affected users using its insurance reserve.
Since then, the exchange has significantly strengthened its security infrastructure:
- 256-bit SSL encryption protects all data transmissions.
- Two-factor authentication (2FA) via email, SMS, or authenticator apps.
- Optional transaction password adds an extra layer of protection.
- Cold and hot wallets secured with multi-signature (multi-sig) technology.
- 24/7 monitoring of wallet addresses for suspicious activity.
- Regular proof-of-reserves audits published transparently.
Additionally, KuCoin now requires all users—new and existing—to complete KYC (Know Your Customer) verification. While this ended anonymous trading as of late 2023, it aligns the platform with global regulatory standards and enhances overall account safety.
👉 Discover how top-tier security practices protect your digital assets on leading platforms.
Over 900 Supported Cryptocurrencies
One of KuCoin’s standout features is its vast asset selection. With support for over 900 cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and emerging altcoins like VeChain (VET) and Lympo (LYM), KuCoin offers exceptional variety.
It also hosts NFTs through its fractional NFT marketplace and frequently lists newly launched tokens shortly after their ICOs—making it ideal for early-stage investors.
Unlike some exchanges that limit offerings to high-market-cap assets, KuCoin gives traders access to niche and up-and-coming projects, increasing opportunities for high-growth potential.
Buy Crypto With Over 60 Fiat Currencies
While KuCoin initially operated without fiat support, it now allows direct purchases using more than 60 fiat currencies, including:
- USD (US Dollar)
- EUR (Euro)
- GBP (British Pound)
- JPY (Japanese Yen)
- AUD (Australian Dollar)
- BRL (Brazilian Real)
- TRY (Turkish Lira)
You can buy crypto instantly using multiple payment methods such as:
- Credit/debit cards
- Bank transfers
- SEPA
- PayPal
- P2P trading
- Third-party gateways like Banxa
The Fast Trade feature simplifies the process: select your currency, choose a coin, pick a payment method, and complete the purchase in minutes.
P2P trading offers zero fees and broader payment options by connecting buyers directly with sellers—ideal for users in regions with limited banking access.
Comprehensive Trading & Earning Features
KuCoin isn’t just an exchange—it's a full crypto ecosystem offering:
- Spot trading: Buy and sell instantly.
- Margin trading: Leverage up to 10x.
- Futures trading: Contracts with leverage up to 100x.
- Pre-market (OTC) trading: Access new tokens before public listings.
- Trading bots: Automate strategies with grid, DCA, martingale, and smart balance bots.
For passive income seekers, KuCoin Earn provides:
- Staking
- Savings accounts
- Crypto lending
- Advanced products like Shark Fin, Dual Investment, and Snowball
You can also earn rewards by completing tasks in the KuCoin Rewards Hub, boosting engagement while learning about Web3.
Institutional traders benefit from API access, while newcomers can explore KuCoin Learn, an educational portal covering blockchain basics and trading strategies.
Core Limitations to Consider
Not Available for US Traders
One major drawback: KuCoin does not serve users in the United States. This restriction stems from complex U.S. regulatory requirements that foreign exchanges often find difficult or costly to comply with.
Following a $300 million settlement with U.S. authorities, KuCoin confirmed it will remain unavailable to American users for at least two years. If you're based in the U.S., consider alternatives like Kraken or Coinbase.
However, this policy ensures compliance in other jurisdictions and protects non-U.S. users from regulatory spillover risks.
Understanding KuCoin Fees
Low fees are a key reason many traders choose KuCoin. Here's a breakdown:
Deposit & Withdrawal Fees
- Crypto deposits: Free (except blockchain network fees).
Withdrawal limits:
- Unverified accounts: Up to 30,000 USDT per day.
- Verified accounts: Up to 999,999 USDT per day (500,000 via P2P).
Withdrawal fees vary by cryptocurrency and network used. For example:
- BTC withdrawal (Bitcoin network): 0.00035 BTC + 0%
Trading Fees
KuCoin uses a maker-taker model with fee discounts based on VIP level and token class.
Spot Trading Fees (Class A Assets – e.g., BTC, ETH)
| VIP Level | Maker Fee | Taker Fee |
|---|---|---|
| 0 | 0.1% | 0.1% |
| 5 | 0.035% | 0.055% |
| 9 | 0.000% | 0.040% |
| 12 | -0.005% | 0.025% |
Higher VIP levels reduce fees based on:
- 30-day trading volume
- KCS token holdings
Using KCS to pay fees grants a 20% discount on spot trading (not applicable to futures).
Futures Trading Fees
| VIP Level | Maker Fee | Taker Fee |
|---|---|---|
| 0 | 0.02% | 0.06% |
| 5 | 0.00% | 0.04% |
| 9 | -0.002% | 0.033% |
| 12 | -0.008% | 0.025% |
Fees decrease significantly at higher tiers, making KuCoin attractive for active traders.
How to Use KuCoin: A Quick Guide
Step 1: Sign Up
- Visit the official website.
- Click [Sign Up] and enter your email or phone number.
- Accept terms and solve the CAPTCHA.
- Verify your account via email/SMS code.
- Set a strong password.
Step 2: Complete KYC
To unlock full functionality:
- Submit government-issued ID.
- Wait up to 24 hours for approval.
Step 3: Deposit & Start Trading
You can:
- Buy crypto directly with fiat.
- Deposit existing crypto from another wallet.
- Use Fast Trade or P2P for quick transactions.
Navigate to [Markets] > [Spot Trading], search for your desired pair (e.g., BTC/USDT), enter the amount, and click [Buy].
👉 Start your crypto journey with confidence on a trusted global platform.
Who Should Use KuCoin?
KuCoin is best suited for:
- Intermediate to advanced traders who value diverse assets and advanced tools.
- Early adopters looking to invest in newly launched tokens.
- Passive income seekers interested in staking, savings, and yield-generating products.
- Global users outside the U.S. seeking competitive fees and strong security.
Beginners may find the interface slightly overwhelming at first—but thanks to KuCoin Learn and responsive customer support, the learning curve is manageable.
However, traders dealing with large volumes should note that liquidity can be lower compared to giants like Binance, potentially affecting order execution speed.
Frequently Asked Questions (FAQ)
Is KuCoin safe to use?
Yes, KuCoin implements robust security protocols including cold storage, multi-sig wallets, regular proof-of-reserves audits, and mandatory KYC. Despite a past breach in 2020, it reimbursed all users and improved its defenses significantly.
Can I use KuCoin in the United States?
No. Due to regulatory restrictions and a recent settlement with U.S. authorities, KuCoin does not allow access for U.S.-based users. Consider alternatives like Kraken or Coinbase if you're located in the U.S.
What are the trading fees on KuCoin?
Spot trading fees start at 0.1% for makers and takers, decreasing with higher VIP levels or KCS holdings. Futures fees begin at 0.02% (maker) and 0.06% (taker). Using KCS for spot fees gives a 20% discount.
How many cryptocurrencies does KuCoin support?
KuCoin supports over 900 cryptocurrencies and more than 1,200 spot trading pairs, making it one of the most extensive exchanges in terms of asset availability.
Does KuCoin offer staking or passive income options?
Yes. Through KuCoin Earn, users can stake coins, deposit into savings accounts, lend crypto, or use advanced products like Dual Investment and Snowball to generate returns.
Can I trade NFTs on KuCoin?
Yes. KuCoin offers an NFT marketplace featuring fractional ownership options, allowing users to buy, sell, and trade NFTs directly on the platform.
Final Verdict
KuCoin stands out as a versatile and secure cryptocurrency exchange ideal for global traders seeking broad asset selection, low fees, and innovative earning opportunities. Its strong post-hack recovery efforts demonstrate commitment to user protection, while continuous feature expansion keeps it competitive.
While unavailable to U.S. residents and potentially complex for absolute beginners, its advantages far outweigh the drawbacks for most international users.
If you're looking for a platform that combines depth of functionality with accessibility—and want exposure to emerging crypto projects—KuCoin is definitely worth considering.
👉 Explore a secure, high-performance exchange built for modern crypto traders.