Kucoin
Go to KucoinRating:
Description
Centralized (CEX). Was founded in 2017 in Hong Kong. Is based in the Seychelles. Has a KuCoin Token
Registration bonus
Additional Information
Website
https://www.kucoin.com/P2P
Full Description
KuCoin is a popular cryptocurrency exchange that gives everyone the opportunity to join cryptocurrencies. The exchange has more than 27 million users, more than 750 tokens added. This crypto exchange is developing its ecosystem around the KuCoin Token (KCS).
Advantages of KuCoin
- Just a clear interface, which is easy to understand even for a beginner.
- Multilingualism – 22 languages are available.
- There is a convenient mobile application.
- A big amount of currency pairs.
- Staking on a professional platform.
- Functional trading terminal with the possibility of analysis
- The ability to trade quickly - You can buy USDT using Visa, Mastercard, fiat balance.
- P2P - Bank transfer and more than 20 options.
- The possibility of a fiat deposit, which can be replenished via bank transfer.
- Available spot and margin trading, as well as conversion.
- There is a trading bot.
- The possibility of lending.
Disadvantages of KuCoin
- Lack of Fiat Deposit Options: Although KuCoin allows the purchase of cryptocurrencies via credit cards, Google Pay, or Apple Pay, it does not support direct bank transfers for fiat deposits. This can limit the amount of crypto users can buy directly through the platform, potentially complicating the process for those who prefer using their bank accounts for transactions.
- Hidden Fees in Instant Buy: While KuCoin advertises no fees for depositing cryptocurrencies and claims that buying crypto with fiat using their instant buy feature is free, they do slightly increase the price of the crypto you are buying. This lack of transparency in pricing could be misleading for users not aware of these hidden charges.
- Complex Fee Structure: KuCoin's fee structure can be complex and varies depending on the transaction and the coins involved. Users need to be mindful of the different fees which could apply and might benefit from checking these fees before completing transactions to avoid surprises.
- Customer Support: Some users have expressed dissatisfaction with KuCoin’s customer support, which can be a critical issue when dealing with financial transactions in a fast-moving market like cryptocurrency.
Registration and verification on KuСoin
To create an account on KuCoin, you can use either your email or mobile phone number. During registration, fill in your personal data and set a password.
To complete the registration, follow the instructions sent to your phone or email from the platform.
After registration, go through the verification process by sending scans of documents confirming your identity and residential address. Verification usually takes up to one week, after which you will get full access to all the features of KuCoin.
How P2P works
Before you start with P2P transactions on KuCoin, make sure that all security settings are activated. This includes identification, linking a mobile number and setting a trading password.
To purchase cryptocurrency:
- Create a purchase request. As soon as the order is created, the seller's assets are blocked on KuCoin.
- Make a payment to the seller according to the specified details. After the payment, activate the "Payment completed" button on the platform.
- Get a cryptocurrency. After the seller confirms receipt of funds, the blocked assets are transferred to your account.
After creating a purchase order, make sure that the payment to the seller is made before the waiting time expires, and confirm the payment. As soon as the seller receives the funds, the cryptocurrency will be transferred to your account.
To sell cryptocurrency:
- Create a sales request. After that, the assets will be temporarily blocked on the platform.
- Wait and then confirm receipt of payment from the buyer.
- Unlock assets on KuCoin P2P.
When selling assets, wait for the payment to be received from the buyer and after confirming this payment, unlock the cryptocurrency on the KuCoin P2P platform.
Staking
KuCoin's staking and lending center is called KuCoin Earn. The exchange offers a wide range of staking services. KuCoin has fixed and flexible staking terms with different returns, as well as promotional staking terms and services for Ethereum and Polkadot staking.
KuCoin also offers soft staking: the user receives interest from staking without locking funds, they just need to be stored in their account. The income from soft staking is lower, but it allows you to actively manage your portfolio while receiving some income from staking. KuCoin supports soft staking for almost 20 coins and tokens, including EOS, Cosmos, Tron, Neblio, and Kusama.
Fees
Fees for trading operations vary depending on the user's status. The maximum size is 0.1% for takers and makers. When trading volumes increase, traders will pay less. The minimum fee (for level 12) for makers is -0.005%, for trackers 0.025%.
You can get a 20% discount on trading fee if you enter the referral code QBADHKEF during registration.
There are also fees for withdrawal and replenishment, which depends on the payment system and cryptocurrency.
Registration bonus
Cryptocurrency Exchange Fee Calculator
Spread CalculatorAsset value:
Exchange fee:
Spot
Futures
Note: The maker fee is charged for limit (pending) orders. The taker fee is charged for market orders executed at the current price.
Reviews 11 total reviews
Ali
13.02.2025
KuCoin needs to improve its payment methods and transparency regarding fees to enhance user experience.
Ruby
12.02.2025
There are several areas where KuCoin could improve. Firstly, the absence of direct bank transfer deposits is a significant limitation. While you can purchase cryptocurrencies using credit cards or payment apps like Google Pay and Apple Pay, not being able to transfer funds directly from a bank account complicates the process for those who prefer or need to use this method. While KuCoin\'s customer service is generally accessible, the quality of support can be inconsistent.
William
11.02.2025
I\'ve been using KuCoin for several months. On the positive side, KuCoin offers a vast array of cryptocurrencies. Additionally, their trading fees are competitively low, which is great for someone like me who trades frequently. The issue I\'ve encountered is the hidden fees associated with the instant buy feature. While KuCoin advertises no fees for this service, the reality is that the prices of cryptocurrencies are marked up, effectively incorporating a hidden fee.
Adrian
04.02.2026
I love KuCoin for access to niche altcoins. Thanks to them I bought a token that later went 4x. Their KCS cashback is nice too. I had an issue with the withdrawal limit, but the consultant "Kevin" helped via chat and they unlocked the limit the same day. It's a paradise for altcoin hunters.
Anonimno
23.10.2025
Complete scam! Starting with resetting the deposit to zero for inactivity on the third day, and it also wouldn't let me place an order for the selected coin for arbitrage, the "sell" and "buy" buttons are NOT CLICKABLE!!! Or a popup says: "There are no orders for this coin." They lie about the statistics on their site—the figures are inconsistent! You can't trade the hot coins! Verification was just a waste of time!
Dinar
05.07.2025
KuCoin is great for beginners: the interface is simple, registration is quick, and there is a wide selection of cryptocurrencies. Fees are low, especially when using its own token, KCS. As for drawbacks — I personally had difficulties with verification; it didn't work on the first try, and sometimes you have to wait a long time for a response from support.
Anonimno
18.05.2025
When trying to withdraw, the money got stuck; tech support is asking me to pay a fixed amount. Am I in the wrong place?
Neli
21.03.2025
KuCoin is an exchange with a bunch of useful features, like staking and futures trading — it suited me perfectly! Good for those who like to experiment, but customer support leaves much to be desired (
Anna
19.06.2024
Half a day was spent confirming my identity. All that painful registration was supposed to be for selling P2P. In the end, to trade you need SMS confirmation to your phone, and it doesn't arrive. The whole day was pointless. Withdrawing funds is impossible without three conditions: email confirmation, a trading password, and confirmation via Google Authenticator. All these codes have to be entered within a minute, which is almost impossible. And the cherry on top: withdrawing to an external wallet costs $46. So I have to pay extra just to break even. Scam. What a waste of time and money.
Kirill
06.09.2023
My first experience with this exchange — I deposited LTC into it easily. There are no trading limits for CIS countries, which is great. If you deposit crypto, you can start trading immediately without dealing with fiat. The fees aren't great, but you can cut them by 20% by paying with the KCS token. Futures trading is convenient. The spot trading interface is cluttered and the order list is inconvenient. Some numbers on the balances page may lag after a transfer. But overall everything goes smoothly.
Naila
02.09.2023
My withdrawal of $12,000 is stuck. The support ticket has been open for a month! Support just keeps replying "wait..." How long do I have to wait? I'm utterly disappointed... Although everything was fine before I tried to withdraw.