Buy Verified Kucoin Account
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Verification Process Information
KuCoin KYC consists of KYC1(Basic Verification) and KYC2(Advanced Verification). Proceed to complete Advanced Verification, you will get more trading benefits.
Following points should be taken care of
1. One ID is eligible for a maximum of 3 KuCoin accounts only;
2. The image format should be JPG and PNG. The size of the image file should be less than 4MB;
3. The certificates are required to be an ID card, driver license, or passport;
4. Your network may also be causing the upload to fail. Refresh or change to another browser and retry later.
KuCoin is a third party exchange that allows you to buy, sell and trade lots of different cryptocurrencies. It was created in May 2017 by a group of experienced business specialists who had previously worked on projects such as Ant Financial and iBox PAY. KuCoin is one of the newest cryptocurrency exchanges in the industry.
One of the main aims of KuCoin is to offer their traders very low fees.
Firstly, cryptocurrency deposits are free, other than the blockchain transaction fee that you pay to make the transfer. Of course, this will depend on which cryptocurrency you are using.
When it comes to making a trade, you will only pay 0.1% of the amount you are buying. For example, if you wanted to purchase $1000 worth of Litecoin, you would only pay $1! This is one of the lowest in the industry, which is a good reason to use KuCoin.
In terms of withdrawing your coins out of the exchange, the fee depends on what cryptocurrency you want to take out.
KuCoin, as a thriving cryptocurrency exchange, has now added a new layer of KYC requirement for every account holder. KYC (Know Your Customer) is required to verify your account.
It helps you withdraw cryptocurrencies from your KuCoin to a wallet / exchange.
Three key points you should know:
– The KYC is not compulsory, which means if client chooses not to complete his/her KYC, the client could always trade without any restrictions. However there will be a limit of 2 BTC on withdrawal amount in 24 hours.
– It is strongly suggested that client need to complete their KYC verifications. To avoid circumstances like forgetting the credentials to access the platform and accounts being taken over by others (information leakage from client side), the verified KYC information will help the client recover his/her account quickly.
– A KYC verified account will have access to the Fiat-Crypto exchange services provided on KuCoin platform in the future.
KuCoin now accepts 5 mainstream fiat currencies, including USD, CAD, VND, IDR and CNY.
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