Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. Buy and sell cryptocurrency with Canadian dollars on this beginner-friendly Canadian exchange. On holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform. Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders. Further verification In order to access more features on KuCoin such as an increased withdrawal limit, trading limit or higher leverage for futures, further verification is required. Click Proceed to obtain more privileges to continue verification.

Similarly, the instant chat mechanism begins with the user interacting with a support bot, only being connected with a human being in the event that the bot cannot solve the query. Past hacks The most notable hack on KuCoin occurred in September 2020 when hackers stole close to US$200 million worth of cryptocurrencies from KuCoin wallets. However, most of these tokens were able to be frozen, destroyed and reissued into KuCoin’s possession. KuCoin has released no official third-party security audits or insurance providers. Visit KuCoin and then click Sign Up in the top right of the screen. You can use either an email address or phone number to start registration.

Compare up to 4 providers

In total, 15 of the top 20 cryptos are available on KuCoin. Get a $20 bonus when you buy or sell at least CAD$50 in digital currency. The contact form is designed to narrow down the support request, suggest an FAQ topic, and if need be, connect the user with the necessary support staff.

The exchange has more than 10 million users worldwide and ranks itself “Number 1 in Globalization”. While reports of customer service vary online, the general consensus is that KuCoin staff are supportive and generally able to solve issues faced by users. However, there are also a number of negative anecdotes from users stating that they’ve permanently lost funds due to transaction or technical errors.

Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services.

• Similarly, the instant chat mechanism begins with the user interacting with a support bot, only being connected with a human being in the event that the bot cannot solve the query.
• Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
• The flexible options for accessing your cryptocurrency trading account enable KuCoin to create a diverse user experience.
• Keegan holds a Bachelor of Computer Science from Acadia University, and has attained graduate certificates from Ivan On Tech's lightning network course and the Consensys Academy Ethereum bootcamp.

KuCoin has had a bumpy road with respect to the level of trust it attained with its user base. However, despite past hacks and reports of missing funds, KuCoin provides many opportunities to secure individual accounts which increases trust in the overall exchange. If you are new to crypto and are just looking to gain some exposure to blue chip crypto assets, then you might not need all that KuCoin has to offer. But if you’re an advanced user or an “altcoin degen,” then KuCoin is likely the exchange for you. Learn about the KuCoin exchange including fees, features, registration, supported assets and more in our review.

USD Coin Price CAD Today - Convert USDC to CAD

Know Your Customer It is not necessary to complete KYC in order to begin trading on KuCoin. However, if you wish to purchase crypto directly or increase your trading limit, it is required. In order to complete basic KYC simply enter your https://cryptolisting.org/ region, name and an ID (national, driver's or passport). KuCoin supports over 720 cryptocurrencies, but some notable assets are missing. Namely, Dai, LEO Token and Lido Staked Ether, which are in the top 20 cryptos by market cap.

He has been invested in cryptocurrencies since 2013 and writing about them since 2018. In 2020 he and his wife Mrugakshee Palwe opted entirely out of the world of traditional finance and went "full crypto", covering their experience in the Go Full Crypto podcast and via a Substack newsletter. Keegan holds a Bachelor of Computer Science from Acadia University, and has attained graduate certificates from Ivan On Tech's lightning network course and the Consensys Academy Ethereum bootcamp. When Keegan is not working on cryptocurrency, he enjoys travelling, rock climbing and playing piano. For advanced users, KuCoin offers investment products like derivatives, margin trading, staking, lending, automated trading bots and mining pools.

Once an email or mobile number is added, you must send a code to that location and enter it in the box to sign up. Finder's editors objectively assess each platform across a spectrum of performance metrics using a system of 1 to 5 stars, which are designed to help you assess a crypto platform's strengths and weaknesses. While we receive compensation when you click links to partners, they do not influence our content. NFT DeFi applications, including fragmentation, lending, fixed interest, options, and other DeFi solutions and features.

About Kucoin – company history and background

Download app or follow manual verification steps To complete the final identity verification process users can either download the KuCoin app if not already done or scan the QR code provided. Finally, a selfie including the user's name, their unique KuCoin ID code and the date written on a piece of paper in frame. KuCoin is best known as a centralized crypto exchange that supports over 650 crypto assets, one of the widest selections of altcoins on any centralized exchange.

Other cohorts of users report funds being missing or failing to be credited to their account after a deposit. While many of these stories are anecdotes, they have eroded trust in KuCoin enough to bring fault to their reputation as being a trusted cryptocurrency exchange. KuCoin is a cryptocurrency nhct token price exchange born of the ambitions of “two tech geeks” who were early blockchain adopters and who have been engaging with Bitcoin since 2012. KuCoin is marketed as the “Top Altcoin Exchange” and it lists over 500 cryptocurrencies and almost US$750 billion in daily trading volume.

KuCoin seems to be prioritizing access to the most cryptocurrencies possible while keeping fees low. The founders of the exchange had experienced the difficulty and poor user experience of the early days of cryptocurrency exchange, including trying to sell on the largest exchange at the time, Mt. Gox. In 2013, they wrote the first lines of code for what they described as a “People’s Exchange” that would allow everyone to participate in what they saw as a transformative emerging market. KuCoin is a cryptocurrency exchange with more than 500 cryptocurrencies listed. The variety of altcoins present on KuCoin makes it one of the biggest cryptocurrency exchanges in the world.

As a result, KuCoin markets itself as the “Top Altcoin Exchange”. KuCoin launched its exchange and its core token KuCoinShares in September 2017. Over the course of the following 3 years, KuCoin rose to prominence as an innovator in novel trading products and a first-lister of niche altcoins. While we are independent, we may receive compensation from our partners for featured placement of their products or services.

Kucoin pros and cons

Hurricane NFT marketplace gives an opportunity to users to trade NFTs on any network in one whole place, saving a lot of time and fee/swapping price. There will be a huge amount of available chains like Ethereum, Binance Smart Chain, Solana, Fantom, Polygon, etc. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Keegan Francis was a cryptocurrency writer for Finder.

Listed KuCoin crypto exchange assets

Regardless of the shortcomings, KuCoin maintains and implements the latest security standards from an individual user account perspective. This adherence to the latest security standards improves KuCoin’s overall trust rating. Beyond the technical components of the KuCoin exchange is a social platform, allowing you to “interact with global crypto investors and gain access to timely and trusted crypto news”. Across its 10 million active investors, there have been 1 million newsfeed posts about the industry. The exchange also enables you to trade crypto assets at low fees, which makes it great for crypto enthusiasts who like to trade a vast array of digital assets at low rates. Find out which crypto exchange is better for cryptocurrency beginners between Bitbuy and Binance.

KuCoin offers a mobile trading app, as well as the ability to trade via your desktop. It was one of the first cryptocurrency exchanges to offer a fully featured mobile application. The flexible options for accessing your cryptocurrency trading account enable KuCoin to create a diverse user experience.