Is KuCoin European?

KuCoin is a Seychelles-based global leading cryptocurrency exchange company founded in 2017, cutting across over 200 countries. It is co owned by Johnny Lyu and Michael Gan; with the former being the Chief Executive Officer and the latter being the Chairman of KuGroup respectively.

It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 10 million users in more than 200 countries and regions worldwide. According to CoinMarketCap, KuCoin currently features among the top 5 crypto exchanges. Also, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021.

Can You Use KuCoin in Europe?

Dating back to the end of 2018, KuCoin partnered in collaboration with Simplex, an European payment provider, which thereby enables users from over 100 countries to deposit money using a debit or credit card.

Is KuCoin American?

Right on its Know Your Customer (KYC) page, KuCoin had clearly stated and listed the countries it offers its services to; with U.S not making that list. This significantly means that while you as a U.S based user will still have access to Kucoin, you would be disadvantaged when it comes to gaining access to its full features; this of which practically impacts your trading.

What European Currencies Now Enable Users to Buy USDT on Kucoin?

Dating back to November 2021, KuCoin announced to its users about their enablement to buy USDT with 11 different European local currencies on KuCoin Fiat Account. The list of this currencies include; Danish Krone (DKK), EURO (EUR), Swedish Krona (SEK), Pound Sterling (GBP), Swiss Franc (CHF), Ukraine Hryvnia (UAH), Hrvatska Kuna (HRK), Russian Ruble (RUB), Romania Leu (RON), Bulgarian Lev (BGN), and Polish Złoty (PLN).

Related:

1. Is Kucoin available in UK?
2. Is Kucoin available in India?
3. Is Kucoin available in Malaysia?
4. Is Kucoin available in Canada?
5. Is Kucoin Good for Day Trading?
6. Does Kucoin Reports to IRS?
7. Is Kucoin available in Pakistan?
8. Is Kucoin Available in Kenya?
9. Is Kucoin Available in Indonesia? 
10. Is Kucoin Available in Iraq? 

How Can You Deposit and Buy USDT on Kucoin Fiat Account?

1. Navigate to ‘Buy Crypto’, and then go to ‘Fast Buy page’.
2. Now select a supported currency as listed above.
3. Next is to set the payment currency to this fiat currency.
4. Deposit assets on ‘Main Account’ with Visa/Mastercard.
5. Then Use Visa/Mastercard to buy crypto directly.

What’s the Influence of SEPA in Increasing Kucoin’s Position in the European Cryptocurrency Market?

With SEPA payment support, European users are been enabled to easily fund their exchange account and benefit from the ease of use, zero fees, and deposit of up to 1 million EUR in a single transaction. SEPA transfers also represent one of the easiest fiat-on-ramp solutions for European users who deal with cryptocurrency. Furthermore, this SEPA payment method will enable users from the 36 SEPA member states to deposit EUR into their account and use it to purchase cryptocurrency assets via KuCoin’s Fast Buy option.

How would I benefit from SEPA as a European user?

1. Your benefits of using SEPA transfers are;
2. Single deposits of up to 1 million Eur.
3. Ease of use.
4. No third-party is involved thereby enhancing security.
5. Zero fees.

Calculate Your Crypto Tax:

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5. Crypto Tax Calculator Australia
6. Crypto Profit Calculator
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Conclusion

KuCoin exchange is European because it had so far in its service provision supported European crypto related activities. It also as well supports nations like the United Kingdom, Russia, Australia, India, and Germany.; having the most popular fiat currencies for purchasing coins which include; USD, EUR, GBP, CAD, and AUD.