New users invited via the referral link can earn up to 10,650 USDT within 7 days of sign-up: a 400 USDT bonus pack at registration, 1 USDT plus a chance at a blind box worth up to 50 USDT for KYC, and the rest for deposits and trading. Rewards arrive as coupons and bonuses in the Rewards Hub. · checked October 7, 2026
Key facts
Spot fees depend on the coin class: A — 0.1%, B — 0.2%, C — 0.3%. Paying fees in KCS gives a 20% discount; VIP tiers based on volume or KCS holdings lower them further.
About
Founded in 2017, KuCoin focuses on a wide altcoin selection — its API lists around 840 spot assets. Beyond spot it offers futures, margin, popular trading bots, Earn and GemPool.
Spot fees depend on the coin class (0.1–0.3%), futures cost 0.02% / 0.06%, and paying in KCS cuts fees by 20%. KYC has been mandatory since 2023. Russia is not on its restricted list and RUB P2P works, although there are far fewer ads than on Bybit.
Its regulatory record is notable: in January 2025 KuCoin pleaded guilty in the US and left the American market, yet in November 2025 its European arm won a MiCA licence in Austria.
Pros
- Wide altcoin selection — around 840 coins
- Strong trading bots and GemPool
- MiCA licence in the EU since November 2025
- Available to Russian residents, with RUB P2P
Cons
- $280M hack in 2020
- 2025 US guilty plea and exit from the US market
- Spot fees up to 0.3% on class C coins
- RUB P2P is thinner than Bybit's
Verification (KYC)
Since 15 July 2023 KYC is mandatory for new users: without it you cannot deposit or use products; older unverified accounts can only withdraw and close positions.
For users in Russia
Russia is not on the restricted list in KuCoin's Terms of Use (updated 29 September 2026; Russian-controlled regions of Ukraine, Kazakhstan, Uzbekistan and others are excluded). RUB P2P works: on 7 October 2026 there were 38 USDT/RUB ads. KuCoin has made no official statement about leaving Russia. Russia's law on digital currencies (passed by the State Duma on 21 July 2026, in force from 1 September 2026) requires residents to trade crypto only through intermediaries registered with the Bank of Russia from 1 July 2027; banks are to block payments to unregistered platforms.
Security
In September 2020 hackers stole about $280M; roughly 84% was recovered with partners and law enforcement, and the exchange's insurance fund covered the remaining ~$45M. KuCoin publishes proof of reserves. In January 2025 it pleaded guilty in the US to operating without a licence and paid about $297M.
Licenses and registrations
- EU — MiCA (Austria, FMA, November 2025)
- Thailand (SEC licence, KuCoin Thailand)
- Australia (AUSTRAC registration)
Products
Sources
- kucoin.com/r/rf/QBSWNJKH
- kucoin.com/ucenter/signup?lang=en_US&rcode=QBSWNJKH&utm_source=rf
- kucoin.com/blog/kucoin-fees-a-full-breakdown-before-trading-crypto
- kucoin.com/vip/privilege
- api.kucoin.com/api/v2/symbols
- api-futures.kucoin.com/api/v1/contracts/active
- kucoin.com/legal/terms-of-use
- theblock.co/post/236838/crypto-exchange-kucoin-mandatory-kyc
- coindesk.com/policy/2025/11/28/crypto-exchange-kucoin-s-european-arm-w
- justice.gov/usao-sdny/pr/kucoin-pleads-guilty-unlicensed-money-transmi
- decrypt.co/56425/the-kucoin-hackers-successfully-took-45-million-in-cr
- cryptopotato.com/kucoin-ceo-reassures-they-recovered-all-285-million-s
Other top-3 exchanges
Binance
Bybit
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