Kucoin is a popular cryptocurrency exchange that offers a wide range of 700 cryptocurrencies and has a user base of over 20 million people. In this breakdown, we will cover which countries are supported and which ones are prohibited from using the Kucoin platform. So if you are not sure if you can use Kucoin in your country, read on!
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Kucoin Supported Countries
Kucoin is a global cryptocurrency exchange that is available in over 200 countries worldwide. Some of the supported countries include most countries in Europe like Germany, France and the UK. This also includes most Latin American countries and almost all Asian countries. With such as wide geographical foot print, it's no wonder that Kucoin has reached over 20 million users.
Kucoin exchange
Kucoin Restricted & Banned countries
Kucoin is a cryptocurrency exchange platform that is available in most countries around the world. However, there are certain countries that are restricted or banned from using Kucoin due to legal and regulatory reasons.
As of now, individuals or residents of countries such as the United States, Canada, Japan, China, South Korea, and Vietnam are not allowed to use Kucoin. This also include OFAC countries such as Afghanistan, Iran, Iraq, North Korea, Syria, Yemen, and Cuba which are also prohibited from using Kucoin's services.
Is Kucoin Regulated?
KuCoin is not currently regulated by any financial authority. However, it has obtained a number of licenses in various jurisdictions such as:
1. Malta: KuCoin is registered with the Malta Financial Services Authority (MFSA) as a Virtual Financial Asset (VFA) Service Provider. 2. Seychelles: KuCoin is registered with the Financial Services Authority of Seychelles (FSA) as a Digital Asset Exchange (DAE). 3. Cayman Islands: KuCoin is registered with the Cayman Islands Monetary Authority (CIMA) as a Designated Non-Financial Institution (DNFI).
These licenses allow KuCoin to operate in these jurisdictions and offer its services to residents of these countries. However, it is important to note that KuCoin is not regulated by any financial authority in the United States or Canada.
Is Kucoin available in the US?
Kucoin is a cryptocurrency exchange platform that is based in the Seychelles but not currently licensed or regulated in the United States. As such, US citizens are currently not allowed to use it's services.
Can I use Kucoin in UK & Canada?
Kucoin is accessible globally, including in all of Europe and the UK but not in Canada.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal.
Author
Jack Moreau
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest crypto exchanges, wallets or DeFi applications.