Cryptocurrency exchanges have evolved rapidly since the inception of blockchain technology, and KuCoin has emerged as one of the most user-friendly and feature-rich platforms in the space. Founded in 2017 by Michael Gan and Eric Don, KuCoin has grown to serve over 8 million users globally. With more than 300 supported cryptocurrencies and over 450 trading pairs, it provides access to a vast digital asset ecosystem — including niche and emerging tokens.
Starting July 15, 2023, KuCoin made Know Your Customer (KYC) verification mandatory for all new users who wish to access its full suite of services. This policy aligns with global regulatory standards and strengthens platform security, transparency, and trust.
This guide explores how long KuCoin verification takes, the benefits of completing KYC, and a clear step-by-step walkthrough of the entire process.
Why KuCoin Requires KYC Verification
KuCoin, headquartered in Singapore, operates with a strong commitment to compliance and user protection. The exchange handles billions in trading volume annually and executes millions of trades. To maintain integrity and prevent illicit activities such as money laundering, fraud, and terrorism financing, KuCoin enforces strict identity verification protocols.
Completing KYC not only helps the platform meet Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) requirements but also unlocks key features for users. Whether you're a beginner or an experienced trader, understanding the verification process is essential to maximizing your experience on KuCoin.
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Benefits of Completing KYC on KuCoin
Verifying your identity on KuCoin comes with several significant advantages:
Enhanced Security and Compliance
KYC ensures that your account adheres to international financial regulations. By verifying your identity, KuCoin reduces the risk of unauthorized access and fraudulent activity, making the platform safer for everyone.
Higher Daily Withdrawal Limits
One of the most practical benefits is increased withdrawal capacity. Unverified users are limited to just 5 BTC per day, while verified users enjoy substantially higher limits:
- Unverified: 5 BTC/day
- KYC1 Verified: 200 BTC/day
- KYC2 Verified: Up to 3,000 BTC/day
This tiered system allows traders to scale their operations securely as they progress through verification levels.
Access to Fiat-Crypto Services
Only verified users can deposit fiat currency (like USD or EUR) and convert it directly into cryptocurrencies. This feature is crucial for those entering the crypto market from traditional banking systems.
Faster Account Recovery
In case of lost credentials or unauthorized access, having a verified identity streamlines the account recovery process. KuCoin support can authenticate your identity more efficiently, reducing downtime and potential losses.
Eligibility for Advanced Trading Features
KYC1 unlocks futures trading with up to 100x leverage and allows daily fiat-to-crypto purchases up to 70,000 USDT. These tools are essential for active traders seeking flexibility and high-performance trading options.
Step-by-Step Guide to KuCoin Verification
Follow these steps to complete your KYC verification on KuCoin smoothly and efficiently.
Step 1: Log In and Navigate to KYC Section
After logging into your KuCoin account, hover over your profile icon in the top-right corner and select “KYC Verification” from the dropdown menu.
New users start with an “Unverified” status, which permits basic trading functions but restricts withdrawals and fiat transactions.
Step 2: Begin KYC1 Verification
On the verification dashboard, click “Start Verification” under the KYC1 section. You cannot proceed to KYC2 without first completing this step.
Step 3: Submit Personal Information
You’ll be prompted to provide:
- Country/region of residence
- Full legal name
- Type of ID document (passport, driver’s license, or national ID card)
- ID number
Review and agree to the User Identity Authentication Statement before submitting.
Step 4: Confirm KYC1 Completion
Once submitted, you’ll see confirmation of successful KYC1 verification. At this stage, you gain access to:
- Fiat deposits up to 70,000 USDT/day
- Futures trading with up to 100x leverage
- Daily crypto withdrawals up to 200 BTC
You’re now eligible to proceed to advanced KYC2 verification.
Advanced KYC2 Verification Process
KYC2 enhances your trading privileges and further secures your identity.
Step 5: Upload ID Documents
You can upload documents via the KuCoin mobile app or desktop website:
- Front and back images of your ID
- File format: JPG or PNG
- Max size: 3 MB (app), 4 MB (desktop)
Ensure documents are clear, unedited, and fully visible.
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Step 6: Submit a Handheld Selfie with ID
This step requires a photo of you holding:
- Your original ID
A handwritten note containing:
- Your full legal name (handwritten signature)
- The dynamic code displayed on your KuCoin screen
- Today’s date in YYYY-MM-DD format
Make sure:
- Your face is clearly visible
- All text on the note and ID is legible
- No digital signatures or printed text is used
⚠️ The dynamic code changes daily — always use the current one.
Step 7: Submit and Wait for Review
After uploading all required materials, click “Submit.” You’ll be directed to a confirmation screen indicating that your documents are under review.
Processing typically takes several business days, depending on system load. KuCoin will notify you via email once verification is complete.
Frequently Asked Questions (FAQ)
Q: How long does KuCoin verification take?
A: Most users receive confirmation within 1–3 business days. During peak times, it may take slightly longer.
Q: Can I trade without completing KYC?
A: Yes, unverified accounts can still trade cryptocurrencies but are limited to a 5 BTC daily withdrawal cap and cannot use fiat services.
Q: What documents are accepted for KYC?
A: Valid government-issued IDs such as passports, driver’s licenses, and national identity cards are accepted.
Q: Why was my KYC application rejected?
A: Common reasons include blurry photos, mismatched names, expired IDs, or using a typed signature instead of handwriting.
Q: Can I reapply after rejection?
A: Yes. Carefully review the feedback provided by KuCoin and resubmit corrected documents.
Q: Is my personal data safe during KYC?
A: KuCoin uses advanced encryption and strict privacy policies to protect user data. Information is used solely for identity verification purposes.
Final Thoughts
KuCoin’s KYC process is designed to balance security, compliance, and user empowerment. While it may take a few business days to complete verification, the benefits — including higher withdrawal limits, fiat access, and advanced trading tools — make it well worth the effort.
Whether you're planning to trade occasionally or engage in high-volume futures contracts, completing both KYC1 and KYC2 levels ensures you get the most out of your KuCoin experience.
Security doesn’t stop at KYC — remember to enable Google Authenticator, set a strong trading password, and bind your email and phone number for maximum protection.
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