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Using KuCoin in the United States [Complete 2023 Guide]

By: Author Jeremy Davidson

Posted on Last updated:

Categories Investing, Crypto, Financial Apps

Disclaimer: This content is not intended to be financial advice and is for informational purposes only. aTimeforCash is reader-supported. We may earn commissions if you buy through our links at no cost to you.

If you are a crypto investor looking to trade on cryptocurrency exchanges and live in the United States, using KuCoin is a good solid option for many people.

Technically KuCoin isn’t approved to be used in the United States. However, they don’t require you to verify your identity unless you plan to trade 1 or more bitcoin per day – which most people don’t do.

Each day there are new trading pairs launched, and you’ll never have to worry about your funds being stolen on any exchange. KuCoin is verified by several leading exchanges, including Binance and HitBTC.

The exchange has an extensive background in security and 2-factor authentication, making it a pleasure to use. In this article, we will go over ways that you can buy cryptocurrency from anywhere in the United States.

Is KuCoin Available in the United States?

As a general rule of thumb, the KuCoin exchange is available today in the United States since you aren’t required to verify your identity, and there are several ways to get started. If you’re new to cryptocurrency, you may be interested in buying Ethereum.

If that is your goal, you will need a place to buy Ethereum with USD. Coinbase is a good choice for this task, but most Coinbase supports are not available for use on KuCoin. It means that to trade on KuCoin from the United States, you will need an intermediary.

Coinbase wallet – this is the most secure place for keeping your asset, but you need to pay extra fees for using it. You can always check the price of your wallet and will also get an opportunity to get bonuses from airdrops that are happening on KuCoin.

How to Use KuCoin in the United States? (Step-By-Step)

KuCoin is a cryptocurrency exchange quickly gaining traction because of its user-friendly platform and minimal fees. 

KuCoin registration, identity verification, and trading are all simple processes that can be completed in under an hour. If you intend to use all of KuCoin’s services and benefits, you must first complete a registration and verification process and trade your preferred cryptocurrency. On KuCoin, you can trade hundreds of cryptocurrencies after purchasing your first one. The process is relatively simple, and the different steps are outlined below:

Step 1: Create an account on KuCoin. It is done by going to the signup page on their website. Sign up with an email address and a password. Once you’ve signed up, create a password using these instructions. Then enter the verification code to complete your registration.

Step 2: Deposit funds into your account at KuCoin. The exchange can accept any of the following forms of payment: BTC, BCH, ETH, and USDT (USDT is primarily a Tether cryptocurrency and is similar to other cryptocurrencies except that it’s tied to the value of one US dollar).

Step 3: Place an order. You can buy or sell Ethereum on the exchange. To do this, click on the “BTC Markets” link, then click the plus sign next to Ethereum. Then use these instructions to complete your deposit and get started!

Step 4: Trade Ethereum on KuCoin! First, you will want to open a trading account. Click on “Deposit and Withdraw” at the top of the screen, then click “Exchange” in the left sidebar. Now, click the BTC Markets link in the middle of your screen. Next, place your buy or sell orders. You can do so by clicking “Buy ETH” or “Sell ETH.”

Step 5: Execute trade orders! After placing your order on KuCoin, it will be matched with an order from another trader and executed simultaneously through a trustless process known as ‘matching.’ Once you have entered your order, the exchange will send Ethereum to your wallet.

Are There Limitations for Using KuCoin in the United States?

Right now, KuCoin does not support fiat deposits for the United States, so you will not be able to deposit USD (USD bills, USD coins, or USD bank accounts are accepted). To purchase Ethereum on KuCoin from the United States, you will need a cryptocurrency exchange that accepts deposits in USD. A list of exchanges that do this is available here. If you are in the United States, it may be best to use Coinbase or Gemini.

What if I Have Problems Using KuCoin in the United States?

If you have any issues using KuCoin in the United States, submitting a support ticket is the best way to get in touch with their customer service team. It is done from their Support page. It is important to note that their representatives are available 24/7, at all hours of the day or night.

All in all, using KuCoin in the United States is a bit more difficult than using other exchanges like Binance or even Coinbase. Still, it’s a great way to get involved with Ethereum and trade over hundreds of other coins.

Can I Get in Trouble for Using KuCoin in the United States?

The United States does not have any laws or regulations that prohibit the purchase of cryptocurrency. If you buy Ethereum from KuCoin, you are taking part in the global economy. While there are many ways to lose money when investing in cryptocurrencies, there are few ways to be penalized for buying and selling digital assets.

How Do I Contact KuCoin Support?

If you have any Microsoft Outlook email in your KuCoin account, you can use the “Email Support” option to contact their customer service team. It’s important to note that KuCoin only supports emails from accounts registered in the United States that are answered. It is due to the legal implications for answering requests from other countries.

Wrapping Up

KuCoin is a cryptocurrency exchange that offers Ethereum and many other coins trades. It’s not as intuitive as Coinbase or other exchanges, but it’s still an easy-to-use site with reliable customer service. The best thing about them is there are very few limitations for using the site in the United States – so you can buy Ethereum without worrying about anything!

If you want to buy Ethereum, you’ll want to try using KuCoin. More exchanges like this one join the market every day. You can also sign up for a free account on Coinbase.com. They have a very basic user experience and support, but it’s still a great place to set up an account if you’re not ready to dive into the world of cryptocurrency trading!

References

  1. https://www.kucoin.com/
  2. https://www.coinbase.com/how-to-buy/kucoin-token
  3. https://coinmarketcap.com/exchanges/kucoin/