One of the most notable crypto exchange platforms with much reasonable global recognition is Kucoin. It has garnered millions of users in very many countries all around the world, with much attention and attraction on its trading volume estimated to more than a billion dollar on daily basis.
Kucoin offers and supports users with a wide range of services that include crypto derivatives, trading bot, leveraged tokens, margin trading, Halo Wallet, spot trading; some of which are user-centric.
Meanwhile, the need to get enlightenment on the availability of a sustainable cryptocurrency exchange in your country or jurisdiction is paramount, so as to get assurance on the safety of your digital assets.
However, residents in the United States has been observed having engagement with KuCoin services but there has been need for clarification as regards it’s availability and safety in the States.
Follow up the content in this article, as you get real insights on Kucoin’s availability in United States, as well as getting a genuine intuit on one or more related content.
Related:
- Is Kucoin available in UK?
- Is Kucoin available in India?
- Is Kucoin available in Malaysia?
- Is Kucoin available in Canada?
- Is Kucoin Good for Day Trading?
- Does Kucoin Reports to IRS?
- Is Kucoin available in Pakistan?
- Is Kucoin Available in Kenya?
- Is Kucoin Available in Indonesia?
- Is Kucoin Available in Iraq?
Is Kucoin Available in the United States
Kucoin is available in full capacity in over 200 countries in the world but not in the United States, because the exchange does not have a license that regulates its availability in full capacity.
Nevertheless if you’re a resident of the United States or traveling to the States with the hope of creating an account with Kucoin as a user, you will be successful in registering on the platform but you’ll not be fully verified through KYC leading to having access to limited features because the account is based in the US.
Subsequently, you may now as a US user faces restrictions on the Kucoin platform exchange which include zero access to deposit services and limits on withdrawals.
Meanwhile, you can still enjoy Kucoin’s full features via the use of a reliable and functional VPN even while you’re in the United States.
The VPN works on the basis of impersonating your IP address thereby changing your location to make it looked like you’re in another country where Kucoin’s full features are available to access on its platform.
Aside from that, the VPN is also capable of boosting your browsing experience as well as safeguarding your data from online threats.
What can USA users do on KuCoin?
As a Kucoin user in the United States, you’ll have to operate on the platform while facing some restrictions since it’s impossible to achieve a full identity check.
Subsequently you won’t be able to purchase crypto with credit cards or via any online payment methods, you can’t make APIs and create sub-accounts.
You can’t also deposit crypto or withdraw money in fiat currency, and can’t initiate new trading positions, but you can sell your already existing crypto and manage current trades to either remove or minimize them.
Conclusion
Seeing the implications from not being able to achieve full identity verification (KYC) as a Kucoin US-based user, you may have no other choice than to go for a reliable and functional VPN that can help you as a KYC-verified user to enjoy KuCoin services in full capability. Examples of such VPN service include; NordVPN, IPVanish, surfshark and so on.