In cases where the client forgets his/her credentials to access the platform or when his/her account is taken over by others because of the leakage of personal information from the client-side, the verified KYC information will help the client recover his/her account quickly. Your information can be modified before submission. The KYC verification review takes 1-3 working days, please wait patiently. Notice: The higher the leverage is, the more risky the investment will be. 10 Minutes from Register to Trade (PC Version). This will take effect on January 1st,2020. The KYC verification process consists of completing an online questionnaire, submitting supporting documents and authorizing KuCoin to complete the verification process. Nevertheless, account verification at KuCoin is entirely optional, especially if you’re a small volume trader. Banks are expected to take steps to verify the identity of their customers. Refresh or change to another browser and retry later. Rebind Google 2FA with the secret key. Please confirm your information is true and valid, otherwise, it will affect your audit result. Supplement individual information and click "Submit", your KYC1 will be approved soon. Account verification can be requested on the “Account” and “KYC Verification” tabs. How to KYC? If you meet problems when uploading the identity information and photos, kindly suggest to check the following factors:1. Click on the KYC Verification icon to initiate the identity verification process. KuCoin is not regulated by any major organization, so no further verification is required to start making trades on the platform. As an unverified account, you have a 24-hour maximum withdrawal limit of 2 BTC, but that’s the only real restriction. ... KuCoin is a crypto exchange without KYC but they also have really good trading interfaces. Please confirm your information is true and valid, otherwise, it will affect your audit result. KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. Has anyone experienced this? KuCoin account verification On November 1, 2018, KuCoin implemented know your customer (KYC) verification to combat facilitate combat against criminals and money laundering schemes. According to KuCoin, the KYC verification is completed within five days of the data transmission at the latest. Users who complete KYC certification will also be able to participate in the Fiat-Crypto service provided by the KuCoin. 1) KuCoin - https://www.kucoin.com/?rcode=a7ts56. Kindly click "Supplement Information" to revise it and resubmit and we'll verify it timely. Please be prudent in your investment decisions. KuCoin. Kucoin is definitely one of them. They do not require KYC identification verification so long as you withdraw less than two Bitcoin equivalent a day. Most brokers now let you complete this online. From January 1st, 2020 all EU users will be required to complete mandatory KYC verification in … M (Mobile) Station——Have Fun with KuCoin by visiting the Mobile Site! The size of the image file should be less than 4MB;3. The processing time for each KYC Verification can take up to 2-4 weeks, depending on the total volume of submissions. Please follow our prompts to take a photo and pay attention to check if the text information is written as required. To complete the verification process, do the following: Log into your KuCoin account ; Go to account security and click on KYC verification ; If you are using an individual account, you can now click on the individual verification icon; Now click on start verification ; Complete the verification to advanced verification as this comes with added benefits For trading stocks, it's mandatory to complete KYC verification before you can open an account. Kucoin Cryptocurrency Exchange Review – Step 2: Fill in the KYC information + The process for KYC verification consists of three steps. To complete the verification process, do the following: Log into your KuCoin account ; Go to account security and click on KYC verification 1. To verify their identity and complete KYC verification, customers might have to upload identification documents. Proceed to complete Advanced Verification, you will get more trading benefits. Crex24, cryptocurrency exchange will require European Union users to go through a KYC process by uploading a valid government ID and their Social Security numbers, so the exchange can comply with the European Anti-money laundry (AML) rules. Go ahead and click on through before being met with a prompt to enter an email address which will be pre-screened with a verification code. Users who complete KYC certification will also be able to participate in the Fiat-Crypto service provided by the KuCoin. The maximum leverage available on KuCoin Futures is 100x, while the default leverage is 20x. are the same as regular financial services in the KYC area...they just want ID and maybe an SSN so they can report the tax liability. Above all, KuCoin implements KYC verification against criminals and money laundering schemes. Boasting a large selection of altcoins, its KuCoin Shares (KCS) functions very similar to Binance Coin (BNB). KuCoin needs to verify your identity before you can participate in a token sale because there is a list of countries KuCoin does not support for its IEO platform. If they don’t handle fiat, it’s not uncommon for them to not ask for anything. However, it is important to note that you can use the platform without verifying. Kucoin Huobi KYC fail CipherBlade Taylor Swift. Your network may also be causing the upload to fail. KYC Verification Users need to pass KYC at first. Part 3: Other common issues about KYC Verification. KuCoin has often been compared to Binance, and for good reason. Lite is for beginner cryptocurrency traders and Pro is for more advanced traders. With no KYC/AML requirement, it boasts low trading fees. Though I assume you'll lose a few percent to fees that way. #Crypto #Cryptocurrency #bitcoin. Moreover, KYC can effectively reduce fraud, money laundering, and terrorist financing, amongst other malicious activities. Please keep photos clearly visible. After heading over to KuCoin.com (always triple check that the address is correct before entering any of your information), look for the ‘Sign Up’ button found on the page’s upper right-hand side. I’ve used uphold and send XRP pretty cheaply. For most users engaging in … Please confirm your information is true and valid, otherwise it will affect your audit result. Part 2: How to complete KYC Verification? Users can enter the leverage they want or drag the slider to set the leverage. With KuCoin, you don’t have to worry about constant KYC verifications but fulfilling this will only be to your advantage. KuCoin needs to verify your identity before you can participate in a token sale because there is a list of countries KuCoin does not support for its IEO platform. Then enter the 6-digit verification code into the input box. And what exactly do people do to fund their account on KuCoin … Nevertheless, account verification at KuCoin is entirely optional, especially if users trade in small volumes. User verification reduces the risk of the platform being used for an illicit activity like money laundering. In November 2018, about a year after it launched, KuCoin implemented exchange-wide KYC verification. This is not compulsory, you can keep trading on Kucoin without completing the KYC verification, but you will have a 2 BTC withdrawal limit every 24 hours. Kucoin has a credit card purchase option, doesn't it? KYC ensures that KuCoin meets the virtual currency industry development rules and reduces the chance of money laundering, fraudulent behaviors, and terrorist financing transactions. Proceed to complete Advanced Verification, you will get more trading benefits. On November 1 st, 2018, KuCoin implemented a KYC verification and restricted the amount an user can withdraw within 24 hours. KYC verification is not mandatory. Most US-based crypto services (coinbase, bittrex, etc.) Once it is submitted, the information only can be viewed, but cannot be modified again until the review result is published. Please ensure the certificate of identity is inconsistent with you. Delete the original KuCoin account on the Google Authenticator application. You can now log in to KuCoin safely. We do strongly suggest our clients complete the KYC verification. There are a lot of exchanges that operate in a partial manner when it comes to KYC. And what exactly do people do to fund their account on KuCoin without this? 3. Please click "Continue to Get More Benefits" to supplement the information. KuCoin KYC consists of KYC1(Basic Verification) and KYC2(Advanced Verification). KuCoin Futures. To start the verification process, you need to click on the account icon in the upper right corner and in the drop-down menu click on “KYC Verification”. Please note that other regulations and limits apply to the direct purchase of cryptocurrencies by credit card via Simplex. I had a Coinbase and a Gemini account first (of course, they require KYC), so sending crypto over was easy. The other side of the story is that, KuCoin does have a KYC-procedure, which when completed grants the user special benefits. Individual VerificationFor individual accounts, please go to “KYC Verification”–“Individual Verification”, click "Start Verification" to complete your KYC. After rebinding, you can directly enter the 6-digit verification code to log in to your KuCoin account. But users do not have to complete the verification process to use the platform – it is optional. In order to continue to be one of the most trustworthy and transparent exchanges, KuCoin officially implemented KYC on November 1, 2018, which ensures that KuCoin meets the development rules of the virtual currency industry. KuCoin reminds us of our current benefits: Deposit, Exchange and Margin Trade. By completing KYC verification (uploading your government ID), you can avoid that withdrawal limit. This article will help you learn more about how it works, how to do, and other common issues. Why has KYC Verification Failed?If you are notified that Your KYC verification Failed by email/SMS, No worries, please log in to your KuCoin account, click "KYC Verification", you'll find the incorrect information highlighted. I’ve never done that, I always just send crypto, Do you use coinbase or kraken to send? Individual Verification 1. Please note that the areas highlighted with “*” are required. KuCoin advises users to download the Google Authenticator App which generates new passcodes for each login, and for every time you want to deposit or withdraw money from your account. Find the next crypto gem on KuCoin, the People's Exchange, Press J to jump to the feed. Has anyone experienced this? 2. implemented KYC Verification on November 1, 2018. After KYC1 is approved, proceed to complete Advanced Verification, you will get more trading benefits. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API I’m trying to get verified to add fiat through KuCoin, but the KYC verification is taking longer than it said it would. Rather, there’s just one verification which extends the withdrawal limits for the users. In the financial world, banks have a responsibility to “know their customers”. You have the option to choose between Lite and Pro. Our KYC review team will contact you via institutional_kyc@kucoin.com only after you submit the information. 2FA verification: Live support: KuCoin Best for traders. You can also complete the KYC (Know Your Customer) verification process. You can trade on Binance Futures without KYC as long as your daily withdrawals below 2 BTC. Please click "Start Verification" on the Individual Verification screen, enter KYC1 verification screen. KuCoin exchange is one of the friendliest cryptocurrency exchanges for those seeking privacy and anonymity. KYC Verification. KYC verification Click on the KYC Verification icon to initiate the identity verification process. At some point, it is also a bastion of KYC-less trading. Please note that our team needs to review all submitted information and documents to process KYC. However, in … 6 – Kucoin. 2. Know Your Customer (KYC) is the process of verifying a customer’s identity. Dressed as Borat and Taylor Swift, CipherBlade founder Rich Sanders put the KYC procedures at mega exchanges Kucoin … KYC verification review takes 1–3 working days, so please submit KYC certification in advance. We do strongly suggest our clients complete the KYC verification. Ambiguous parts of the image are not accepted;3. 1. KuCoin KYC consists of KYC1(Basic Verification) and KYC2(Advanced Verification). Please note that the areas highlighted with “*” are required. In cases where the client forgets his/her credentials to access the platform or when his/her account is taken over by others because of the leakage of personal information from the client-side, the verified KYC information will help the client recover his/her account quickly. Or we can not pass your KYC verification;2. You may also coordinate with our support team to follow up your KYC application. KuCoin has also added the ability for KYC verified accounts to enjoy a higher daily withdrawal limit. Please login KuCoin account, click “KYC Verification” under the avatar, and fill in the requested information. Funding Your KuCoin Account Complete the KYC verification and verified as Indian identity before 23:59:59 on July 30, 2020. KuCoin uses a single – level KYC verification, meaning you don’t get extra benefits depending on your verification level. One ID is eligible for a maximum of 3 KuCoin accounts only;2. Main&Trading&Margin&Futures&Pool-X Account. As a reputed cryptocurrency exchange platform, KuCoin has more than 6 million loyal users coming from 207 countries worldwide. 1. level 2. KYC Verification While KuCoin can be utilized without completing a KYC procedure, this entails living with a 1 BTC withdrawal limit. I’m trying to get verified to add fiat through KuCoin, but the KYC verification is taking longer than it said it would. This basically means that there is no requirement for most traders to complete the processes of verification unless there is suspicious activity. However, this remains a valuable perk for privacy-conscious individuals. Press question mark to learn the rest of the keyboard shortcuts. Know Your Customer (KYC) legislation requires businesses to verify the identity of individuals using their service, particularly where the transmission of money … The certificates are required to be an ID card, driver license, or passport;4. The image format should be JPG and PNG. To increase your withdrawal and trading limits, as well as receive other benefits, complete the KYC process by clicking “KYC Verification” under the settings menu (represented by the 1 st 2 letters of your email address on the main screen). For institutional accounts, please go to “KYC Verification”, click “Switch to Institutional Verification” and then "Start Verification" to finish your KYC. In addition, this helps ensure that users are not breaking any rules. Here is some great options for trading Crypto without going under KYC.