Wondering if KuCoin is available in your country? We put together all information you need and a complete list of KuCoin Supported Countries!
The world of cryptocurrency is as vast as it is varied. With countless platforms to choose from, each with unique features, deciding on the right exchange can be challenging. One such platform is KuCoin, a leading global cryptocurrency exchange known for its commitment to security, accessibility, and customer satisfaction. One feature that sets KuCoin apart from many of its competitors is its flexible approach to Know Your Customer (KYC) procedures, making it more accessible to a global audience.
In this comprehensive guide, we’ll delve into everything you need to know about KuCoin’s global support, covering its history, its take on KYC, trading without KYC, and the complete list of KuCoin supported countries. Whether you’re new to the world of cryptocurrencies or a seasoned trader, this guide is designed to provide valuable insights into one of the world’s most popular cryptocurrency exchanges.
Basic Information about KuCoin
Founded in 2017, KuCoin has swiftly risen to be one of the most respected and renowned cryptocurrency exchanges worldwide. With over 8 million users spread across 207 countries and regions, KuCoin has amassed a significant presence in the global market. One of the attributes contributing to its swift rise is its customer-centric approach, which it aims to provide secure, convenient, and friendly service for every user.
KuCoin’s Volume & Safety
In terms of transaction volume, KuCoin boasts an impressive track record. It regularly features among the top five cryptocurrency exchanges globally, boasting a daily trading volume exceeding $1 billion. KuCoin supports a wide range of cryptocurrencies, with over 500 trading pairs available on the platform.
KuCoin’s primary objective is to provide a platform where users can safely and efficiently trade, invest, and profit from cryptocurrencies. In addition, the company has been a trailblazer in developing and launching innovative features, including futures trading, staking, borrowing, and lending.
KuCoin’s operational headquarters is based in Singapore, with numerous branch offices across the globe in countries such as China, the Philippines, and Thailand. This global network allows it to stay at the forefront of the ever-changing cryptocurrency landscape.
All About KYC and Why it is Important to Understand the List of KuCoin Supported Countries
KYC, or “Know Your Customer,” is a mandatory process implemented by financial institutions around the globe. It requires these institutions to confirm the identity of their customers to combat illegal activities like money laundering and fraud.
For many crypto exchanges, the KYC process is a necessary step in user registration. However, KuCoin approaches KYC differently. KuCoin does not strictly require KYC verification for users to trade. This non-compulsory feature has been instrumental in making the platform globally accessible, as it attracts users who seek privacy and rapid access to trading.
Despite this, KuCoin does encourage its users to complete the KYC process. Completing KYC verification on KuCoin opens up additional features and benefits. For example, KYC-completed users can increase their withdrawal limit and have access to fiat trading, among other things. The process involves providing personal details such as full name, national ID number, and a clear photograph for facial verification.
If you want to know more about crypto exchanges that don’t required KYC you should head over to our latest blog post: How To Buy Crypto Without KYC
Using Kucoin without KYC
While KuCoin encourages KYC completion for enhanced features and benefits, it remains one of the few exchanges that allow users to trade cryptocurrencies without going through the KYC process. This has a few significant implications:
Firstly, it provides a significant degree of privacy. The absence of KYC means that users can engage in trading activities without divulging personal information. This is particularly appealing in an era where data privacy is a significant concern.
Secondly, it allows rapid access to trading. The absence of the KYC process means that new users can immediately start trading after creating their accounts. This promptness and ease of use make KuCoin an attractive choice for those who want to dive into the world of cryptocurrencies immediately.
It should be noted that trading without KYC comes with certain limitations, such as lower withdrawal limits. However, for many users, these limitations are a worthwhile tradeoff for the benefits provided.
List of Kucoin Supported Countries With Full Certification
As of 2023, KuCoin allows full KYC verification from users residing in over 200 countries and regions. This broad range signifies KuCoin’s global reach and its commitment to making its platform accessible to users worldwide. A complete list would be exhaustive to include here, but it is important to note that residents from most countries are supported.
Given that KuCoin adheres to international laws and local regulations, certain restrictions apply to users from specific regions. For instance, residents from the United States are required to comply with a separate set of laws and regulations, which require more stringent KYC procedures due to the country’s complex and strict cryptocurrency regulations.
The list of Kucoin Supported Countries with full Certification includes, but is not limited to:
|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, Cayman Islands, Chile, Colombia, Comoros, Costa Rica, Cote d’Ivoire, Croatia, Cyprus, Czech Republic|
|D||Denmark, Djibouti, Dominica, Dominican Republic|
|E||Ecuador, Egypt, Estonia, Ethiopia|
|F||Fiji, Finland, France, Faroe Islands, Falkland Islands|
|G||Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Guernsey, Guadeloupe|
|H||Honduras, Hong Kong, Hungary|
|I||Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy|
|K||Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan|
|L||Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg|
|M||Macedonia (North Macedonia), Madagascar, Malawi, Malaysia, Maldives, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Mozambique|
|N||Namibia, Nauru, Nepal, Netherlands, New Zealand, Niue, Niger, Nigeria, Norway|
|P||Pakistan, Palau, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal|
|R||Romania, Russian Federation, Rwanda|
|S||Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, Suriname, Swaziland (Eswatini), Sweden, Switzerland|
|T||Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos, Turkmenistan, Tuvalu|
|U||Ukraine, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan|
|V||Vanuatu, Venezuela, Vietnam, Virgin Islands, British|
Users from these countries can easily conduct KYC verification, allowing them to enjoy the full benefits and services KuCoin provides.
However, some countries are restricted from accessing KuCoin due to their regulatory environments. It’s important for users to understand their local laws and regulations before signing up for any cryptocurrency platform.
Why Are The United States Missing On The List of KuCoin Supported Countries?
As a keen observer, you might have noted a prominent absence on the list of countries supported by KuCoin – the United States. The absence of the US from this list prompts the pertinent question: why isn’t KuCoin available for use within the United States?
The answer to this question lies in the intersection of international regulations and corporate policy. Indeed, residents of the United States are able to register and create an account with KuCoin. However, this account inherently possesses an “unverified” status, a distinction that carries significant implications.
The crux of the matter resides in the process known as KYC or ‘Know Your Customer.’ This globally recognized procedure is integral to financial and legal frameworks designed to mitigate fraudulent activities and money laundering risks. As a responsible global entity, KuCoin dutifully upholds these principles, requiring users to complete the KYC process to unlock the full potential of their accounts.
However, as it stands, KuCoin is not licensed to operate in the United States, creating a barrier to the completion of the KYC process for US-based users. Consequently, these users find themselves in a unique position, possessing the ability to create an account but unable to fully verify it.
This seemingly complex situation is a reflection of the dynamic interplay between global cryptocurrency platforms and national regulations. As the landscape of digital currencies continues to evolve, it highlights the importance of staying informed about the nuances of specific platforms, their operations, and their associated legal considerations.
The Complete List Of KuCoin Supported Countries (2023) — Summarized
In conclusion, KuCoin’s inclusive and expansive support for countries worldwide and its flexible KYC policies have established it as a leading global cryptocurrency exchange. It has managed to maintain an impressive balance between ensuring the security of transactions, adhering to international financial laws, and preserving user privacy.
It’s clear to see why millions of users worldwide have chosen KuCoin as their preferred platform for crypto trading. Its global reach, a vast selection of supported cryptocurrencies, and flexible KYC process make it a standout choice for newcomers and seasoned crypto investors.
Although we’ve covered a lot of ground, this blog post should only be seen as a starting point for understanding the breadth and depth of KuCoin’s global presence. Potential users are encouraged to visit the KuCoin website or contact their customer support for more specific information related to their country or region.
In this rapidly evolving world of cryptocurrencies, KuCoin has positioned itself as a leader. It is a trusted platform known for its security, accessibility, and support for a wide array of countries. As it grows and adapt, it’s clear that KuCoin will play a significant role in the global cryptocurrency market.