Is kucoin legal in the United States?

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.

Can you deposit money into a kucoin account?

However, you can’t deposit money into your Kucoin account via bank transfers, and if you try, you might incur very high fees. Also, immediately after depositing money into a Kucoin account, you will need to buy one digital currency. You can’t keep fiat currency in Kucoin, but you can keep digital currencies.

How much does it cost to trade kucoin?

Currently, Kucoin has a 0.1% spot trading cost per transaction. This is even lower than the industry average, making Kucoin the cheapest platform for US citizens to do digital transactions, trades and exchanges. This fee is set depending on the Kucoin Shareholdings and the monthly trading volume.

How to bypass kucoin's tough restrictions?

You’ll need a VPN to bypass KuCoin’s tough restrictions. When you connect to a VPN, you get a new IP address from a country of your choice. This way, you’ll lead KuCoin into thinking you’re in a different region and access all its services regardless of where you really are. My team and I tested over 90 VPNs, and ExpressVPN came out on top.