KuCoin Review 2025: Is KuCoin Legit & Safe to Use?

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KuCoin crypto exchange has carved out a niche for itself as an ideal platform for both new and experienced cryptocurrency users. For traders interested in holding or trading crypto assets, the platform has established itself as highly secure for crypto activities. As the seventh-largest cryptocurrency exchange by trade volume, it is popularly known as the “people’s exchange.”This KuCoin exchange review will delve into its key features and explain why it could be an ideal choice for your cryptocurrency journey. The KuCoin review will answer “What is KuCoin? Is KuCoin legit and safe? And show you how to trade on KuCoin.KuCoin Exchange Review: Quick SummaryCrypto ExchangeKuCoinLaunch year2017, SeychellesFounderJohnny LyuKey features and trading optionsSpot tradingCopy tradingAsset and wealth management servicesFast tradeSupported cryptocurrencies750+ and 1300 trading pairs.Global presence40 million users in more than 200 countries and regionsSecurity measuresCold and hot wallet infrastructure, incident response system, data encryption and backups, and a bug bounty program. Anti-phishing measures, secure deposit/withdrawal processes, and a Protection Fund.Accepted Payment MethodsCredit/debit cards (Visa, Mastercard)Bank transfers (via SEPA)P2P and Fast Trade marketsPayPal, Wise etc.Native TokenKuCoin Token (KCS)Fiat currencies supported50+ fiat supported via third-partiesTrading fees0.10% – 0.30%Restricted CountriesUnited States, the UK, Canada, Singapore, the mainland of China and Hong Kong, Thailand and Iran, North Korea, Syria, Sudan, Cuba among others.Mobile App Ratings4.75/5 on Android4.75/5 on iOSKuCoin Referral CodeUp to $11,000 USDT Welcome Bonus-10% Trading FeesCode Valid: October 2025CopyClaim Reward Now!KuCoin Review: What is KuCoin?KuCoin is one of the top crypto exchange that was established in 2017 by Johnny Lyu and is headquartered in the Seychelles. The exchange operates in over 200 countries, has a user base of approximately 30 million, and a daily trading volume exceeding $1.5 billion. The platform is renowned for its extensive selection of supported cryptocurrencies, making it a popular choice among users.Among the services offered by the exchange are spot trading, P2P trading, margin trading with a leverage of up to 10x, and up to 125 derivatives trading. KuCoin also provides a variety of ways you can earn passive income via mining, staking, and automated trading bots. To provide the state-of-the-art trading experience, KuCoin launched its own blockchain, KCC, and a native token, KuCoin Shares Token (KCS).The exchange enhances user experience through a user-friendly interface that’s well-designed and undergoes regular significant updates. Following a recent update, the KuCoin interface now facilitates easy navigation, making it ideal for both beginners and advanced traders. By introducing its own blockchain, KCC, the exchange aims to offer traders a faster and more practical trading experience.In addition to addressing token KCS’s low performance, the launch of KCC has led to a faster, more cost-effective experience. Moreover, KCC offers additional benefits within the KuCoin ecosystem, including extra bonuses and lower trading fees.Pros of KuCoinSupports over 900 cryptocurrencies, including new altcoinsA competitive fee structure offering a 20% discount on using KuCoin Shares (KCS), the native tokenProvides several ways to earn passive income through lending, staking, and flexible earningOffers various ways to earn interest on your crypto holdings through staking, lending, and flexible earningAutomated trading through built-in trading botsAn intuitive, user-friendly mobile AppAdvanced trading options include customizable chats, high leverage, futures trading, and more.Cons of KuCoinLimited fiat-withdrawal rampDoesn’t support copy tradingNot available for the US, UK, or Canada crypto tradersSteep learning curve for beginnersKuCoin Review: Trading Features1. Spot TradingKuCoin crypto exchange offers advanced trading tools for users interested in spot trading. Users can trade cryptocurrency against another cryptocurrency or cash and benefit from the 10x leverage offered to spot traders. Additionally, the exchange uses USDT-denominated futures contracts for BTC, ETH, XRP, BSV, LINK, UNI, and other USDC-denominated contracts.2. Margin TradingThe KuCoin margin trading feature allows users to borrow funds from the platform to grow their trading capital. This helps you amplify your profit and loss potential, whether you go for long or short positions. All you need to do is enable the functionality on the exchange’s interface to transfer collateral to your Margin Account.3. Futures TradingKuCoin Futures is a derivatives platform that offers perpetual and quarterly futures contracts for leading cryptocurrencies. The futures feature includes Hedge Mode, which allows for holding both short and long positions simultaneously, as well as Market Close for swift exits. The One-Click Reverse mode is designed to help users quickly flip from one position to another.  KuCoin also offers isolated-margin and cross-margin trading, customizable leverage, and stop-loss orders for easier risk management.4. Trading BotsThe KuCoin Reading Bot feature is an automation software that helps users execute crypto trading strategies remotely without manual intervention. The feature comprises techniques such as Futures Grid, Spot Grid, and Smart Rebalance, which facilitate the generation of extra income. Among the benefits associated with Bot trading are reduced risk, emotion-free trading, and 24/7 automated operations.5. Advanced Futures ToolsKuCoin also operates several advanced futures trading tools, such as Cross Margin Mode, which help enhance trading efficiency and risk management. This enables users to easily take advantage of order types such as Take Profit and Stop Loss, in addition to accessing over 380 perpetual futures pairs. Users can also benefit from the platform’s matching engine, which offers fast execution and high liquidity.6. Cross Margin ModeThe KuCoin Cross Margin Mode uses a trader’s entire futures account balance as collateral to enable them to open positions using the same margin currency. This facilitates profit-taking from one trade to mitigate losses from another and enhance capital efficiency.KuCoin Review: Investment and Other Services1. KuCoin Shares (KCS)KuCoin Shares (KCS) is the platform’s utility and native token. Originally called KuCoin Shares, it’s now referred to as KuCoin Token (KCS). The token offers numerous benefits to users and aligns their interests with the growth of the KuCoin ecosystem. Some of the token’s key features include a profit-sharing model, where holders receive a portion of the daily trading fee revenue. Moreover, holders who use the token to pay for their trading fees are eligible to receive discounts.  Additionally, users holding the KCS token have the privilege of receiving early or exclusive access to token sales via KuCoin Spotlight Platform.2. Staking and LendingKuCoin Staking and KuCoin Lending are two separate services that enable users to earn additional income from their cryptocurrency holdings.KuCoin Staking: The staking feature enables users to earn rewards by participating in the security of the Proof-of-Stake (PoS) blockchain network. KuCoin offers flexible or fixed products, where users lock their assets for a specified period to help secure blockchains and validate transactions. KuCoin handles all the technical aspects, such as pooling funds or running nodes, and the user receives rewards in the form of the staked cryptocurrency.KuCoin Crypto Lending is a P2P market where users can lend their idle assets directly to others and earn interest on them. All that you need to do is provide your crypto holdings to designated liquidity pools. The funds are borrowed mainly by users who want to amplify their positions in Margin Trading. Market demand on an hourly basis primarily influences interest rates.3. Fiat GatewaysAs the cryptocurrency industry rapidly expands, attracting newcomers, the ability to convert fiat currency to cryptocurrency becomes a significant obstacle. To address this, KuCoin has built a Fiat Gateways channel that supplements its existing Fiat Account feature. This facilitates a safer and user-friendly channel for addressing P2P Fiat Trade and third-party fiat gateways, such as BTC Direct, Simplex, and Banxa.KuCoin Wallets ReviewThe KuCoin global crypto exchange offers two distinct wallets. First is an exchange-based hot wallet for users to hold assets within the platform. The other option is a Web3 wallet, which is a non-custodial wallet that gives KuCoin users direct control over their assets.KuCoin exchange walletThe KuCoin custodial wallet is automatically assigned when you sign up for an account at the exchange for buying or depositing your cryptocurrency. Your funds are held automatically in the custodial wallet.Custodial: KuCoin holds the private keys and controls the fundsConvenience: easy to manage assets as it is integrated into the trading platform.Security: Assets are at risk of exchange hacksUse case: It’s ideal for active trading, such as when you need quick access to your funds for spot or futures trading.KuCoin Referral CodeUp to $11,000 USDT Welcome Bonus-10% Trading FeesCode Valid: October 2025CopyClaim Reward Now!KuCoin Web3 walletApart from the exchange wallet, KuCoin offers a self-custodial, decentralized Web3 wallet that can be used to interact with the broader decentralized ecosystem.Self-Custodial: Users hold their private keys and seed phrases, meaning total asset controlDecentralized: Gives users access to the decentralized Web3 ecosystem of DeFi and other DApps.Cross-chain support: The multi-chain wallet supports various mainstream blockchains like Ethereum, BNB Chain, Polygon, and Solana.Seamless integration: Allows for one-click transfers of assets between the two accounts without unnecessary network feesFeatures: Supports cross-chain DEX functionality and allows for exploration of trending projects, GameFi, and more.What is the difference between KuCoin Exchange Wallet and Web3 Wallet?Feature KuCoin Exchange WalletKuCoin Web3 WalletAsset OwnershipKuCoin holds your assets and private keys.You have full control over your private keys.Primary UseFast, centralized trading (spot, futures, etc.).Exploring the decentralized Web3 ecosystem (DeFi, NFTs).SecuritySecurity managed by KuCoin; susceptible to exchange-level hacks.You are responsible for your keys; no exchange counterparty risk.ConvenienceOptimized for fast, frequent trading with streamlined, fee-free internal transfers.Transactions incur network gas fees; designed for interacting with DApps.KuCoin Review: Recent UpdatesAs the dynamic world of cryptocurrencies continues evolving, KuCoin crypto exchange is also actively adapting its ecosystem. This is especially true in areas surrounding strategic partnerships and ongoing updates. Compared to other exchanges, KuCoin has enhanced its existing features, global reach, and regulatory compliance over the last few years.1. Supported CoinsWithin the KuCoin trading ecosystem, the platform has steadily increased the number of supported coins, which is now over 900. This has made the exchange a preferred destination, especially with users interested in accessing emerging and small-cap tokens.  The platform also continuously improved trading features to include new margin trading pairs and updated futures trading leverage limits.2. Strategic PartnershipsBeginning in May 2022, KuCoin conducted a Series B funding round, successfully raising $150 million, which boosted its valuation to $10 billion. Next was a $10 million investment by Susquehanna International Group (SIG) that targeted blockchain startup incubation and Web3 innovations. KuCoin Spotlight Launchpad has become a hub for introducing new tokens, further expanding the exchange’s role in the blockchain ecosystem.3. Web3 IntegrationThrough initiatives like KuCoin Labs, the exchange is involved in research for startups in the GameFi, NFT, and DeFi sectors. Additionally, the platform boasts a strong Web3 presence, supporting DApps and NFTs through its partnerships and wallet services. As a result, users can participate in promotions and trading competitions for rewards in BTC, KCS, and other cryptocurrencies.4. Global ReachIn terms of its global reach, KuCoin has expanded its network to over 200 countries and regions worldwide, providing multilingual support. Although it’s restricted in leading markets like the UK, the US, and Canada, the user base is expanding continuously. The platform now supports BRL payments in Brazil through partnerships with third-party fiat-to-crypto solution providers.KuCoin Earn ReviewKuCoin Earn is an asset and wealth management platform within the platform’s ecosystem that enables users to earn extra income using their crypto. The platform offers a range of low-risk financial products, including Staking and Savings, as well as high-risk, high-return products such as Dual Investment and Shark Fin.The products are specifically designed to cater to users’ different earning goals and risk appetites. Once users subscribe to any of the products, they can earn more income on their idle crypto assets. Users can view their earned interest on their Financial Account dashboard and can redeem it as well.Low-Risk Products:Savings: Users get to deposit crypto on fixed or flexible terms and earn a steady ROI with daily accruing interest.Staking: You lock your assets and earn a reward for participating in the network with a choice between flexible and fixed terms.ETH Staking: Specifically stake ETH and earn on your ETH holdings.High-Yield Products:Dual Investment: A structured product where a comparison of a settlement price and a target price determines the settlement coin. The product offers a higher return on investment.   Shark Fin: A high-yield structured but non-guaranteed financial product offering a fixed settlement using variable settlement coin types.Snowball: Another structured product designed to provide higher yields.The key features of KuCoin Earn include:Diverse Products: The platform offers a wide range of options, from simple to more complex structured products.Support for Multiple Assets: The exchange enables users to access a diverse range of cryptocurrency assets.Flexible and Fixed Terms: Traders can choose between products offering flexible withdrawal or those that lock them for a fixed period.Passive Income Generation: Users can generate passive income from their crypto assets without participating in active trading.Key features of KuCoin Earn include:Diverse Products: The platform offers a wide range of options, from simple to more complex structured products.Support for Multiple Assets: The exchange enables users to access a diverse range of cryptocurrency assets.Flexible and Fixed Terms: Traders can choose between products offering flexible withdrawal or those that lock them for a fixed period.Passive Income Generation: Users can generate income from their crypto assets without participating in active trading.KuCoin Security: Is KuCoin a Safe Exchange?The KuCoin global crypto exchange is relatively safe, although all exchanges carry some level of risk. The platform employs multiple layers of security, including cold storage, advanced encryption, and real-time monitoring. The exchange has secured several certifications, demonstrating compliance with robust security standards, including ISO 27001 and PCI DSS. Nonetheless, users are always advised to remain vigilant and use multi-factor authentication to protect their accounts further.KuCoin encountered a significant security breach in 2020, but the firm recovered the stolen funds and compensated all affected users.  Following the hacking incident, the firm has taken steps to strengthen its security measures. The firm is now a holder of top-tier security certifications and adheres to the highest regulatory standards. KuCoin also has an insurance fund, specifically for its Futures trading platform. This covers losses for funds stored from forced liquidations and other potential risks.Security measuresCold Storage: A large portion of the company’s users’ funds are kept in cold storage, making them inaccessible to hackers.Proof of Reserves (PoR) Audits: KuCoin undergoes continuous third-party POR audits run by cybersecurity firm Hacken. This verifies that the exchange’s user deposits are fully backed on a 1:1 basis.Security Certifications: The exchange has recently received SOC 2 Type II and ISO/IEC 27001:2022 certifications. The certifications validate the platform’s robust data protection and internal controls. KuCoin also maintains a top-tier AAA rating from the independent security rating agency CER.live.Multi-layered protection: All the exchange’s assets are securely stored in tiered wallets, which are kept in secure, offline cold wallets, thereby protecting them from online threats.Institutional partnerships: The exchange partners with institutional-grade custody service providers, such as BitGo, to enhance the security of its institutional clients.Bug Bounty Program: KuCoin operated a bug bounty program that incentivizes ethical hackers to identify and report any vulnerability.Real-time Monitoring & Audits: The platform utilizes real-time monitoring, in addition to undergoing regular security assessments and independent audits.Advanced Encryption: The use of advanced encryption systems makes KuCoin safe enough to protect user data and user assets.KuCoin Review: FeesKuCoin employs a competitive maker/taker fee model that includes trading and withdrawal fees, futures fees, and other applicable fees. However, note that using the native KCS token gives you access to various discounts.Trading Fees1. Spot TradingThe spot trading fees on the KuCoin platform are a flat 0.10% for both takers and makers. However, the cost will decrease as you advance to higher VIP levels. Additionally, traders who pay using the KCS token receive a 20% discount on transactions at all VIP levels.2. Futures TradingKuCoin futures fees comprise a maker fee with a floating rate and a taker fee of 0.06%. Users may also be required to pay settlement fees, which are charged at 0.025% of the maker settlement fees. Note also that a fixed fee of 0.06% applies to Futures Bots, and users can pay fees with KCS tokens to receive a discount.3. Leveraged Tokens      KuCoin leveraged token fees are the same as spot trading fees, at 0.1%, as well as a daily management fee of 0.045% based on the token asset’s value. Your VIP level determines actual fees.4. Trading Bots   KuCoin users are charged the standard spot and futures fees for its trading bots for selected trading pairs. However, users are eligible for a 20% discount on Maker/taker fees if they pay for spot strategies using the KCO coin. Users pay a flat 0.06% for futures Grid bots, but the KCS discount doesn’t apply to futures bot trading.Deposits and Withdrawals FeesKuCoin doesn’t charge users any fee for making direct crypto deposits. Nonetheless, EUR fiat deposits incur a fee of approximately 1 EUR, depending on the amount deposited. There are a few free deposits on some fiat currencies.Withdrawal fees vary based on the specific cryptocurrency and blockchain network used. For example, you will be charged 1 USDT to withdraw 5 USDT. However, the applicable withdrawal fees may vary depending on the amount of cryptocurrency withdrawn. Fiat withdrawals on SEPA incur a 1 EUR fee, with a minimum withdrawal amount of 5 EUR.How to Use KuCoin?The first thing you’re going to do to use KuCoin is create a KuCoin account. The following is a simple step-by-step guide to the easy process of opening verified accounts:How to Create a KuCoin Account?Step 1: Visit the official KuCoin website or download the KuCoin App for your Android or iOS device.Step 2:  Navigate to the “Sign Up” button and fill in your email address or phone number to create an account. After entering the details, you’ll receive a verification code to verify your contact details.Step 3: Create a strong trading password to secure your account and personal information.Step 4: Complete the KYC account verification process by providing personal information like your name, address, and a valid ID. While this is optional, completing it gives you access to higher withdrawal limits and additional features.KuCoin Referral CodeUp to $11,000 USDT Welcome Bonus-10% Trading FeesCode Valid: October 2025CopyClaim Reward Now!How to Trade on KuCoin?Since KuCoin offers several markets and order types for trading, our guide will show you how to conduct spot trading. The following process shows how to start trading:Access the trading interface: Navigate to “Trade” and then “Spot Trading” from the main menu.Select a Trading Pair: Choose the market you wish to trade, such as BTC/USDT, from the top-left corner of the trading interface.Place your order: Navigate to the buy and sell panels to place your order by entering the amount of crypto you wish to buy or sell.Market Order: This will execute at the current market price.Limit Order: This feature enables you to specify your desired price, which will only be executed when the market reaches your target price.Confirm the trade: Once you have confirmed the details, enter your trading password and click “Buy” or “Sell” to place your order.How to Deposit & Withdraw Funds at KuCoin?There are different ways for KuCoin users to deposit or withdraw funds on KuCoin. Depending on your geographic region, you can choose between crypto transfers and fiat currency transfers. You must have completed KYC verification and 2FA before making a withdrawal.How to Deposit CryptocurrencyThe process of depositing cryptocurrency at KuCoin involves sending it from other platforms or an external wallet to your account.Step 1: Log in to your KuCoin account via the website or KuCoin App and navigate to the “Assets” and then “Deposit” section.Step 2: Search and locate the crypto asset you wish to deposit.Step 3:  Select an appropriate blockchain network for the transaction. Ensure the selected network matches the one to be used by the withdrawal platform.Step 4: Copy the unique wallet address provided by KuCoin, or the Tag, Memo, or Payment ID, depending on the asset. You must include it for your funds to arrive.Step 5: Paste the KuCoin deposit address, memo, or tag on the exchange or external wallet into the withdrawal form.Step 6: Confirm your transaction, and then wait for the blockchain to confirm the deposit, which time will vary based on network congestion.How to Withdraw CryptocurrencyWithdrawal from KuCoin means moving your account to another exchange or external wallet.Step 1: Log in to your KuCoin account, visit the “Assets” section, and then click on “Withdraw.”Step 2: Select the crypto asset you wish to withdraw from your “Trading Account” or “KuCoin Funding.”Step 3: Enter the recipient’s wallet address and select a matching network. The networks should be compatible with the receiving wallet’s network.Step 4: Enter the withdrawal amount.Step 5: Complete the required security verification, which must include your Trusting Password and a two-factor authentication (2FA) code.Step 6: Submit your withdrawal request and wait for processing, which should take approximately 30 minutes, but may vary depending on the blockchain.KuCoin Review: Licenses and RegulationKuCoin faced regulatory challenges in several regions, with legal issues related to compliance in certain jurisdictions. The platform initially operated with minimal oversight, resulting in some IP restrictions. However, the exchange has adapted to global regulatory pressures in recent years.Regulatory Issues and Legal SettlementsUnited States: In March 2024, the US Department of Justice filed charges against KuCoin’s founders for operating an unlicensed business and failing to meet AML requirements. The platform paid $300 million in penalties and exited the US market.United Kingdom: In 2023, KuCoin was added to the UK’s FCA warning list of unlicensed exchanges. While not legally authorized to operate, UK users can still access the platform.Recent Compliance Efforts and LicensesDespite having a history of regulatory challenges, KuCoin has gone to great lengths to become compliant by securing operating licenses in targeted regions.European Union (EU): KuCoin Exchange GmbH filed for Markets in Crypto-Assets Regulation (MiCAR) license in Austria in February 2025. The permit would allow the firm to operate as a fully compliant crypto service provider within the EU/EEA.Thailand: KuCoin participated in the launch of “KuCoin Thailand,” a local digital exchange under the supervision of Thailand’s Securities and Exchange Commission (SEC).India: Crypto exchange KuCoin operates as a fully registered and compliant entity, licensed by India’s Financial Intelligence Unit (FIU).Know Your Customer (KYC): KuCoin now implements a robust Anti-Money Laundering (AML) and Know Your Customer (KYC) regime. This marks a significant departure from the firm’s previous anonymous trading model. Traders are now required to verify their identities to access advanced services for individual and institutional users.KuCoin Review: Mobile App & User ExperienceKuCoin operates an intuitive mobile App that’s available on both Android and iOS devices. The App, free to download from the App Store and Google Play Store, features several analysis tools and maps. Users can use the mobile App to open and close trades, as well as view their order history and current portfolio.The KuCoin mobile app fully supports security features, including two-factor authentication, when someone logs in via verification QR code. Other supported advanced features include placing and canceling orders, as well as attaching take profit and stop loss levels to spot, futures, and margin trading. The platform’s copy trading feature is accessible in its own tab, making it easy to follow a strategy without having to build one from scratch.In addition to implementing 2FA as an added security measure, the KuCoin mobile App requires the use of Passkeys. This removes the friction associated with logging in to devices that support it. Regarding risk mitigation, the mobile App utilizes a Hedge Mode that only allows switching modes when no orders or positions are open. This introduces a sensible protection to avoid the risk of accidental offsetting.Positive ReviewsUser-friendly interface ideal for beginners and advanced usersA wide range of trading tools and charts for experienced tradersThe ability to monitor the portfolio at a glanceUsers can navigate buying and selling with only a few tapsNegative ReviewsNot compatible with traditional banking systemsComplicated transactions for new usersKuCoin Review: Customer support & User FeedbackThe customer support team is where a platform truly separates itself from others. KuCoin operates a robust 24/7 assistance program through its Help Center, which utilizes ticket submission and Online Live Chat. Users can also verify contacts or domains through the platform’s “Official Verification Center” to eliminate chances of Phishing. KuCoin customer support operates a chatbot that supports both Traditional Chinese and English, with more languages promised to be added soon.The overall sentiment towards the platform is positive, with Google Play Store giving it a 4.5-star rating. Most users praise the exchange’s platform for its rich feature set, intuitive layout, ease of use and educational resources. On Bit Degree’s Leaderboard, KuCoin ranks among the most highly recommended centralized exchanges for consistency in delivering focused trading tools. While several users have expressed concerns about customer support response times, the overall sentiment in customer reviews is positive.Best KuCoin Alternatives for Crypto TradingExchangeSpot Fees (Maker/Taker)Supported CoinsMax LeverageKYC RequirementUnique StrengthsMEXC0% / 0%2,700+200xNo (up to limits)Zero spot fees, vast altcoin varietyKraken0.16% / 0.26%400+50xYesUS regulatory compliance, securityBinance0.1% / 0.1%500+125xYesDeep liquidity, broad product suitePhemex0.01% / 0.06%37+100xNoNo-KYC trading, ultra-low feesCoinbaseUp to 0.4% / 0.6%400+NoneYesBeginner-friendly, strong complianceConclusion: Is KuCoin a Good Exchange?To finish this KuCoin review, we take note that the platform has what it takes to become a global go-to platform for your trading journey. In addition to supporting over 900 cryptocurrencies, the exchange offers a smooth experience and a user-friendly interface. Users also have access to pocket-friendly fees, flexible deposit options, and live chat, as well as a customer support page.The trading platform is ideal for both beginners and experienced crypto traders, despite its history of regulatory issues within the US. Whether you’re looking for staking, lending, or trading bots, KuCoin has you covered with products aligning with your preferences. Moreover, using the native KCS token unlocks higher trading volumes and fee discounts you can take advantage of.FAQsWhere Is KuCoin Based?KuCoin has its headquarters in Seychelles. While the company was initially founded in China, it relocated to Singapore before moving to Seychelles due to regulatory restrictions in China.Is KuCoin Legal in the United States?KuCoin remains prohibited to operate in the United States due to regulatory action. The US Department of Justice filed a criminal complaint against the platform in 2024. At the same time, the Commodity Futures Trading Commission (CFTC) filed a civil complaint during the same year. The exchange was accused of operating an unlicensed money transmitting business. As a result, the agencies restricted access to the US market and closed all their accounts in the US. This makes it non-compliant with US financial regulations.Is KuCoin available in the United States?Currently, KuCoin is not available in the United States. However, US-based users can still access some basic services.Is KuCoin better than Coinbase?A comparison of Coinbase vs. KuCoin reveals that, in terms of overall scores, Coinbase scores 9.4 against KuCoin’s 7.9. When comparing ease of use, Coinbase offers a slightly easier user experience than KuCoin.What is KuCoin Token (KCS)?KuCoin Token (KCS) is the native token of the KuCoin Exchange, offering a range of benefits to its holders. This includes staking rewards, trading fee discounts, and a share of the exchange’s trading fees. KCS was launched in 2017 and initially ran as an ERC-20 token on the Ethereum blockchain. However, the token now operates on KuCoin’s own blockchain, KCC. Kucoin Token operates on a deflationary model, where trading fees are used to buy back and destroy the KCS token, thereby reducing its total supply.The post KuCoin Review 2025: Is KuCoin Legit & Safe to Use? appeared first on NFT Plazas.