Kucoin Doesn’t Have Us

Are you ready to dive into the exciting world of cryptocurrency? With Bitcoin prices at a 58% decrease this year, it may be the perfect time to get in on the action. However, choosing the right cryptocurrency exchange can be a challenge, especially if you’re based in the US.

While KuCoin, one of the most popular exchanges globally, isn’t accessible to US citizens, that doesn’t mean you can’t trade. In this article, we’ll explore why KuCoin is a top choice for crypto enthusiasts worldwide and share a workaround that allows you to enjoy trading safely and anonymously.

What is Cryptocurrency?

Cryptocurrency is a digital asset backed by blockchain technology. It offers a transparent and secure way to verify and record transactions, making it difficult to counterfeit or manipulate. Despite governments’ efforts to regulate the crypto space, cryptocurrencies like Bitcoin remain immune to external control.

Investing in cryptocurrency opens up a world of opportunities, but it also carries risks, such as exposing your personal information to online fraudsters. Therefore, it’s crucial to choose a reputable exchange like KuCoin to ensure a safe trading experience.

Why is KuCoin So Popular?

KuCoin is a reliable and beginner-friendly cryptocurrency exchange. With hundreds of crypto assets to choose from and stellar customer support, it’s an ideal platform for newcomers. Founded in 2017, KuCoin has quickly gained recognition in the crypto community and boasts millions of users worldwide.

Not only does KuCoin offer Bitcoin trading, but it also lists numerous other tokens, giving you a wide range of investment options. However, it’s important to note that KuCoin is restricted in the US, which limits trading opportunities for American citizens.

Coinbase vs. KuCoin, Which One Is Safer?

KuCoin is a legitimate and secure cryptocurrency exchange trusted by millions of investors globally. It features a broad selection of over 700 crypto assets and provides support to investors in over 200 countries. However, it lacks a proper license in the US, which may raise concerns for some users.

On the other hand, Coinbase, one of the most popular exchanges in the US, boasts over 100 million verified users. It offers robust security measures, such as 2-factor authentication and biometric logins. However, Coinbase’s fees are higher, and trading isn’t anonymous, which exposes your personal information.

Binance vs. KuCoin, Which One Is Better?

As a US citizen, you may face restrictions on the amount you can deposit or withdraw and the leverage you can use on KuCoin. In this case, Binance.US offers a viable alternative. Although Binance.US has a more limited selection of assets, it provides unrestricted trading for US citizens. Binance.US also offers enhanced security features like IP and wallet address whitelisting and biometric logins.

Using KuCoin in the US

While KuCoin imposes restrictions on US-based accounts, you can still trade on the platform with certain limitations. Unfortunately, KuCoin lacks proper licensing in the US, resulting in withdrawal limits and restricted funding options. However, with the help of a VPN, you can bypass these restrictions and enjoy the full KuCoin experience.

A VPN, such as Private Internet Access (PIA), ensures your online security and privacy by hiding your IP address. By signing up for PIA and connecting to a location where KuCoin isn’t restricted, you can trade on the platform as if you were located in that region. This way, you can access KuCoin and trade freely while traveling.

How to Protect Your Financial Information When You Go Online

It’s crucial to safeguard your financial information when engaging in any online activities, especially those related to cryptocurrency. A VPN offers a layer of protection by encrypting your online traffic, preventing hackers from intercepting your trades and accessing sensitive information. PIA, for instance, follows a strict no-logs policy and uses military-grade encryption to ensure your data’s security.

Signing up for PIA is simple and quick:

  1. Sign up for Private Internet Access.
  2. Download the PIA app compatible with your device.
  3. Open the PIA application.
  4. Connect to a location where KuCoin isn’t restricted.
  5. Sign up for a KuCoin account with PIA enabled.
  6. Enjoy the freedom to trade on KuCoin securely from the US or any other location.

Create the Safest Experience Possible on KuCoin

KuCoin offers numerous benefits, such as a wide selection of assets and advanced trading functions. Although it presents challenges for US citizens, a VPN like PIA allows you to access KuCoin fully. By signing up for PIA, you protect your personal information and gain the ability to use KuCoin without restrictions while traveling.

Get started with PIA today and experience the full potential of KuCoin!

FAQ

Is KuCoin Legit?
Yes, KuCoin is a legitimate cryptocurrency exchange trusted by millions of users worldwide. However, using a VPN like PIA is necessary when trading on KuCoin while traveling in the US.

Is KuCoin legal in the US?
KuCoin lacks a proper license in the US, which results in certain limitations for users. However, with the help of a VPN, you can access KuCoin and trade freely.

Who owns KuCoin?
KuCoin is owned by “two tech geeks” according to their About Us page. Johnny Lyu is the most public face associated with KuCoin as the CEO.

Is KuCoin secure?
Yes, KuCoin is known for its robust security measures. However, using a VPN adds an extra layer of security and allows you to trade anonymously.

Is Binance better than KuCoin?
Binance and KuCoin have their pros and cons. While Binance offers unrestricted trading for US citizens, KuCoin provides a broader range of assets and advanced trading features. The choice ultimately depends on your preferences and needs.