What is KuCoin?
KuCoin is a centralized cryptocurrency exchange platform where users can buy, sell, and trade digital assets. Based in Singapore, it boasts 18 million active users worldwide and supports a high volume of daily transactions. The platform offers a diverse catalog of cryptocurrencies, including major ones like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Shiba Inu (SHIB), and Dogecoin (DOGE).
KuCoin’s Unique Features
KuCoin stands out as the top platform for trading altcoins—lesser-known cryptocurrencies unavailable on most exchanges. Additionally, KuCoin frequently runs promotions, including discounts and giveaways, enhancing user engagement.
The platform also features its native KuCoin Token (KCS), which provides holders with exclusive benefits like priority access to new listings, reduced fees, and special events.
How to Buy on KuCoin
Investing in cryptocurrencies has never been easier. KuCoin simplifies the process, allowing purchases with as little as €1. Here’s how to get started:
Step 1: Register on KuCoin
- Visit KuCoin’s official website or download its app.
- Click "Sign Up" and fill in your details (takes less than a minute).
- Complete SMS verification for security.
- Set a strong password and log in.
👉 Secure your account with 2FA for added protection. Never share your credentials.
For higher withdrawal limits and advanced features, complete KYC verification by submitting:
- Full name
- Residential address
- ID proof (e.g., passport or driver’s license).
Step 2: Deposit Funds
KuCoin supports 40+ payment methods, including:
- Credit/debit cards
- Bank transfers
- E-wallets (Revolut, Skrill, Cash App)
Navigate to "Deposit," select your method, and follow the instructions.
Step 3: Buy Cryptocurrencies
KuCoin offers three purchase options:
Quick Trade: Ideal for beginners.
- Go to "Spot Trading" under "Trade."
- Select a market (e.g., BTC/USDT).
- Choose an order type (Limit, Market, Stop-Limit, Stop-Market).
- P2P Trading: Direct transactions with other users, secured by KuCoin.
- Third-Party Providers: Services like Simplex or Banxa (not KuCoin-backed).
Order Types Explained
- Limit Order: Set a fixed purchase price.
- Market Order: Buy at current market rates.
- Stop-Limit/Stop-Market: Automate trades when prices hit thresholds.
👉 Explore KuCoin’s trading tools to optimize your strategy.
User-Friendly Features
- Search & Filters: Easily find coins by price, 24h change, or market cap.
- Sub-Accounts: Organize assets into Main, Trading, Margin, Futures, and Finance accounts.
- Low Fees: 0.10% trading fee (below industry average). Withdrawal fees vary by coin (e.g., 0.0006 BTC for Bitcoin).
VIP users and promotions can further reduce costs—check the platform regularly.
KuCoin in Spain
KuCoin operates legally in Spain, with full Spanish-language support on its app and website. Profits from crypto investments are subject to local taxes (IRPF).
FAQs
Q: Is KuCoin safe?
A: Yes, with SMS/2FA security and optional KYC verification.
Q: What’s the minimum deposit?
A: As low as €1, depending on the payment method.
Q: How do I reduce trading fees?
A: Hold KCS tokens, join VIP tiers, or use promotional discounts.
Q: Can I trade altcoins on KuCoin?
A: Absolutely—KuCoin specializes in altcoin listings.
Q: Are there mobile apps?
A: Yes, available for iOS and Android with full functionality.
Ready to start? Visit KuCoin’s official platform today! For alternatives, check our other exchange guides.