List of Kucoin Restricted & Supported Countries

Written By

Ankita Lodh

| Updated on:

KuCoin is a well-known cryptocurrency exchange where users may buy, sell, and trade over 700 major digital assets. KuCoin is known for its user-friendly interface, low fees, and innovative features such as KuCoin Lending, KuCoin Futures, and KuCoin Pool-X. The exchange also has its own native token, KCS, which offers various benefits to holders. 

But is KuCoin available in your country? In this article, we will answer some of the most common questions about KuCoin’s supported and restricted countries, regulations, and other requirements. We will also provide some tips on how to use KuCoin safely and securely in the US, UK, and Canada. 

Whether you are a beginner or an experienced trader, this guide will help you understand how to use KuCoin in your location. Let’s get started!

Kucoin Supported Countries

Kucoin is a global cryptocurrency exchange that operates in over 200 countries. 

  • Some of the supported countries include most countries in Europe, such as Germany, France, Poland, Sweden, and the UK. 
  • Kucoin also supports most Latin American countries, such as Brazil, Argentina, and Chile.
  • Kucoin is also highly active in Asia, servicing countries like India, Indonesia, Malaysia, Philippines, Thailand, and Vietnam.
  • Kucoin also offers its services in Australia, New Zealand, and South Africa.

Kucoin Restricted Countries

Certain nations are limited or prohibited from using the Kucoin exchange for legal and regulatory reasons. The use of Kucoin is now prohibited for citizens or residents of the US, Canada, Japan, China, South Korea, and Vietnam. 

OFAC nations, including Afghanistan, Iran, Iraq, North Korea, Syria, Yemen, and Cuba, are among the other countries where the use of Kucoin is also prohibited. These limitations are dynamic and are subject to modification at Kucoin’s sole discretion.

Is Kucoin Regulated?

Kucoin is not governed by any financial regulatory body. However, since Kucoin operates in a global and decentralized manner, it has earned several licenses in a variety of jurisdictions, such as:

  • KuCoin is a Virtual Financial Asset (VFA) Service Provider registered with the Malta Financial Services Authority (MFSA) in Malta.
  • The Financial Services Authority of Seychelles (FSA) has registered KuCoin as a Digital Asset Exchange (DAE) under its jurisdiction, Seychelles.
  • KuCoin is listed with the Cayman Islands Monetary Authority (CIMA) as a Designated Non-Financial Institution (DNFI).

Kucoin, however, is not subject to any financial authority’s regulation in either the US or Canada, and this is a key point to remember. Users from these nations may therefore experience some dangers or restrictions when using Kucoin. 

Is Kucoin available in the US?

Kucoin is technically not available for US citizens, as it does not have the legal authority or license to operate in the US. 

However, it is also important to note that Kucoin does not require users to verify their identity unless they plan to trade more than 1 bitcoin per day, which most people don’t do. This means that US users can still access Kucoin’s services by using a VPN and trading crypto-to-crypto pairs. However, this also means that US users may face some risks or limitations when using Kucoin, such as not being able to access all the features or having lower withdrawal limits. 

Can I use Kucoin in Canada?

Since Kucoin’s services are not offered in North America, users from countries like the United States and Canada are not permitted to use them.

But Kucoin does not require KYC, which means that anyone around the world (Canada included) can still use the platform. You can immediately withdraw up to 1 BTC per day without verifying your identity.

Can I use Kucoin in the UK?

The trading services provided by Kucoin are available to citizens of the United Kingdom.

If you live in the UK, you can use KuCoin to trade cryptocurrencies. But be careful; there are some risks and limits associated with it. The reason the exchange lacks a financial license is that the UK’s financial regulator doesn’t often grant licenses to crypto exchanges. 

Where is Kucoin based?

Founded in 2017, Kucoin is based in Mahe, Seychelles, which is an island nation in the Indian Ocean. Kucoin has obtained licenses in Singapore, Seychelles, and the Philippines, which allow it to operate legally and safely in these regions. Known as “the people’s exchange,” Kucoin has collected over 20 million registered users from 200 different nations.

Kucoin KYC countries list

Know Your Customer (KYC) checks may soon be required on the exchange, according to recent announcements by Kucoin. To access Kucoin’s services, new users must successfully complete KYC verification by July 15, 2023.

Existing customers can still withdraw money even without completing KYC because it is not required to access some functions. Kucoin requires KYC verification for its users, depending on their level of activity and withdrawal limit. Kucoin KYC consists of three levels: Level 1, Level 2, and Level 3. 

All KuCoin KYC features are available and fully verified in the following countries:

  1. Algeria
  2. Andorra
  3. Angola
  4. Antigua and Barbuda
  5. Argentina
  6. Armenia
  7. Australia
  8. Austria
  9. Azerbaijan
  10. Bahamas
  11. Bahrain
  12. Bangladesh
  13. Belarus
  14. Belgium
  15. Belize
  16. Benin
  17. Bhutan
  18. Bolivia
  19. Botswana
  20. Brazil
  21. Brunei
  22. Bulgaria
  23. Burkina Faso
  24. Burundi
  25. Cambodia
  26. Cameroon
  27. Canada
  28. Cape Verde
  29. Cayman Islands
  30. Chile
  31. Colombia
  32. Comoros
  33. Costa Rica
  34. Cote d’Ivoire
  35. Croatia
  36. Cyprus
  37. Czech Republic
  38. Denmark
  39. Djibouti
  40. Dominica
  41. Dominican Republic
  42. Ecuador
  43. Egypt
  44. Estonia
  45. Ethiopia
  46. Fiji
  47. Finland
  48. France
  49. Faroe Islands
  50. Falkland Islands
  51. Gabon
  52. Gambia
  53. Georgia
  54. Germany
  55. Ghana
  56. Gibraltar
  57. Greece
  58. Grenada
  59. Guatemala
  60. Guinea
  61. Guinea-Bissau
  62. Guyana
  63. Guernsey
  64. Guadeloupe
  65. Honduras
  66. Hong Kong
  67. Hungary
  68. Iceland
  69. India
  70. Indonesia
  71. Ireland
  72. Isle of Man
  73. Israel
  74. Italy
  75. Jersey
  76. Japan
  77. Kazakhstan
  78. Kenya
  79. Kiribati
  80. Kuwait
  81. Kyrgyzstan
  82. Laos
  83. Latvia
  84. Lebanon
  85. Lesotho
  86. Liberia
  87. Liechtenstein
  88. Lithuania
  89. Luxembourg
  90. Macedonia (North Macedonia)
  91. Madagascar
  92. Malawi
  93. Malaysia
  94. Maldives
  95. Marshall Islands
  96. Mauritania
  97. Mauritius
  98. Mexico
  99. Micronesia
  100. Moldova
  101. Monaco
  102. Mongolia
  103. Montenegro
  104. Mozambique
  105. Namibia
  106. Nauru
  107. Nepal
  108. Netherlands
  109. New Zealand
  110. Niue
  111. Niger
  112. Nigeria
  113. Norway
  114. Oman
  115. Pakistan
  116. Palau
  117. Papua New Guinea
  118. Paraguay
  119. Peru
  120. Philippines
  121. Poland
  122. Portugal
  123. Qatar
  124. Romania
  125. Russian Federation
  126. Rwanda
  127. Saint Kitts and Nevis
  128. Saint Lucia
  129. Saint Vincent and the Grenadines
  130. Samoa
  131. San Marino
  132. Sao Tome and Principe
  133. Saudi Arabia
  134. Serbia
  135. Seychelles
  136. Sierra Leone
  137. Singapore
  138. Slovakia
  139. Slovenia
  140. Solomon Islands
  141. South Africa
  142. South Korea
  143. Spain
  144. Sri Lanka
  145. Suriname
  146. Swaziland (Eswatini)
  147. Sweden
  148. Switzerland
  149. Taiwan
  150. Tajikistan
  151. Tanzania
  152. Thailand
  153. Timor-Leste
  154. Togo
  155. Tonga
  156. Trinidad and Tobago
  157. Tunisia
  158. Turkey
  159. Turks and Caicos
  160. Turkmenistan
  161. Tuvalu
  162. Ukraine
  163. United Arab Emirates
  164. United Kingdom
  165. Uruguay
  166. Uzbekistan
  167. Vanuatu
  168. Venezuela
  169. Vietnam
  170. Virgin Islands, British
  171. Zambia
  172. Zimbabwe
About Ankita Lodh

Leave a Comment