About KuCoin
KuCoin is a global centralized exchange founded in 2018 and known as "The People's Exchange" for its wide altcoin selection of 700+ coins and built-in trading bots. It offers spot, margin, futures, copy trading, and lending. In 2020 KuCoin suffered a $280M hack but fully reimbursed affected users. In 2024 it reached a $297M CFTC settlement over AML failures, after which it tightened KYC requirements. KYC is now mandatory for most features.
Pros & Cons
Pros
- Supports 700+ cryptocurrencies — one of the widest selections
- Built-in trading bots (grid, DCA, smart rebalance) at no extra cost
- Copy trading available
- Competitive 0.1% spot fee
- Lending and earn products
Cons
- KYC now mandatory after 2024 CFTC settlement
- $280M hack in 2020 (users reimbursed)
- No tier-1 regulatory license
- Not available to U.S. residents
- Liquidity thinner on low-cap pairs
Who is KuCoin best for?
Intermediate traders and altcoin enthusiasts who want a broad coin selection, built-in trading bots, and copy trading at competitive fees — and are comfortable with an offshore exchange that has faced regulatory scrutiny.
KuCoin platform screenshots
Below is a preview of the KuCoin trading interface and mobile app.
Trading interface
Mobile app
Fees & costs
Spot trading fee
0.10%
Fiat support
✓ Yes
Mobile app
✓ Yes
Supported coins
700+
Key features
- Spot trading
- Margin trading
- Futures
- Copy trading
- Grid bots
- DCA bots
- Smart rebalance bots
- Lending
- Staking
- 700+ coins
- Launchpad
- P2P marketplace
Deposit methods
- Crypto deposit
- Credit card
- Bank transfer
- P2P
- SEPA
Security
- 2FA
- Cold storage
- Proof of Reserves
- Anti-phishing code
- Micro-withdrawal verification
- KYC/AML
Regulation & compliance
Seychelles registration, 2024 CFTC settlement, no tier-1 license
KYC required: Yes