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KuCoin is a centralized cryptocurrency exchange located in Seychelles.
KuCoin was founded in year 2014 and officially launched through initial coin offering in 2017. In order to keep people's purchasing power and build their trust in decentralized technology, KuCoin strives to provide convenient financial services for everyone, so that more people can enjoy the benefits of block chain. At present, KuCoin has over 8 million registered users from 200+ countries and regions, and the trading volume already reached $1 billion per day.
Who is the Founder and CEO of KuCoin?
KuCoin was co-founded by a group of talented people including Michael Gan, Eric Don, Top Lan, Kent Li, John Lee, Jack Zhu, and Linda Lin. They believe that technological advancement will completely change the way of creating and distributing value, and that one day everyone will participate in cryptocurrency. Currently, Michael Gan is the CEO of KuCoin. KuCoin's mission is to promote the free flow of digital value around the world by providing a variety of cryptocurrency trading options.
Is KuCoin Safe and Legit?
Kucoin is considered a secure cryptocurrency exchange using strict security standards to provide a secure trading environment for users. It adopts a variety of security measures, such as double splitting of micro-withdrawal wallet, dynamic multi-factor authentication, multi-layer encryption, and has a dedicated internal risk control department to ensure the security of user funds. In addition, the KuCoin team will regularly check whether strict security standards are followed by daily data operations.
Although security measures have been implemented by cryptocurrency exchanges, it cannot fully guarantee the security of users' funds. In addition to depositing funds on centralized cryptocurrency exchanges, users can also choose to transfer funds to reputable wallets to reduce risk. However, each method contains certain risks, users need to compare and choose the most appropriate one based on their specific conditions.
Main Features
Crpto-to-crypto trading
Margin Trading
Perpetual Contract Trading
Staking
Lending
Customer Service Available 24/7
KuCoin Community
KuCoin New
Can U.S. Citizens use KuCoin?
In fact, U.S. citizens can use Kucoin, but they can only withdraw 2 Bitcoins per day, as Kucoin does not allow them to go through KYC on the platform.
Has KuCoin been Hacked?
In September 2020, KuCoin was hacked, involving exceeded $280 million. According to related reports, 84% of the affected assets have been recovered. Since then, KuCoin has paid more attention to the security of user accounts and funds, and has continuously strengthened protective measures.
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