Security matters when an app holds real money, especially when one account can trade, withdraw, and manage crypto. KuCoin adds a separate Trading Password for sensitive actions, including opening or closing trades. This means someone cannot simply access your account and start trading without that extra 6-digit confirmation. Your funds remain in your wallet unless the password is entered for the relevant action. In this article, we explain what the KuCoin Trading Password is and how to change or reset it.

What Is a KuCoin Trading Password?

KuCoin Trading Password is a separate 6-digit code that you set for sensitive account actions. It must contain 6 numbers only, so letters and symbols will not work. It is not the same as your login password or Google Authenticator code. You will be asked for it when placing trades, withdrawing crypto, selling through P2P, or creating API keys. So, even if someone gets into your account, they cannot simply start using your funds without this extra confirmation.

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How to Change a KuCoin Trading Password

If you remember your current trading password, you can change it directly from your KuCoin account security settings.

Step 1: First, sign in to your KuCoin account. Hover over the profile icon and select “Account Security”.

Step 2: On the Account Security page, scroll down to the “Trading Password” option and click “Change”.

Step 3: KuCoin will show a security notice about the temporary withdrawal restriction. Click “Confirm” to continue.

Step 4: Enter your current KuCoin trading password to verify the change.

Step 5: Once confirmed, enter and confirm your new KuCoin trading password.

How to Reset a KuCoin Trading Password

If you do not remember your current trading password, the process starts from the same account security page.

Step 1: Go back to the “Account Security” page by selecting it from the profile menu.

Step 2: Scroll down to “Trading Password” and click “Change”.

Step 3: Click “Confirm” on the withdrawal restriction notice to continue.

Step 4: When KuCoin asks for your current trading password, click “Forgot Password?”.

Step 5: On the “Reset Authentication Method” screen, select “Trading Password”.

Step 6: KuCoin will show the withdrawal restriction notice again. Click “Continue” to proceed.

Step 7: Enter the verification codes sent to your linked security methods, such as your email address and Google Authenticator.

Step 8: Enter and confirm your new 6-digit trading password, then click “Submit”.

Step 9: KuCoin will notify you once your trading password has been reset successfully.

Can I Turn Off the KuCoin Trading Password?

No, KuCoin does not provide an option to turn off your Trading Password once you have set it. You can change or reset the 6-digit code from your Account Security settings, but you cannot remove the requirement altogether. KuCoin uses it as an extra confirmation for trading, withdrawals, P2P transactions, and API-related actions.

Is KuCoin Safe?

Yes, KuCoin is generally considered a safe exchange, although keeping funds on any centralised platform still carries risk. Its Proof of Reserves lets users verify that their balances were included in a reserve snapshot. KuCoin did experience a major security incident in 2020. However, the exchange covered affected user funds in full through KuCoin and its insurance fund, and no users were left with losses.

KuCoin says it keeps 95% of user funds in cold storage and uses multi-signature and MPC protocols alongside institutional-grade custodians. It also states that it has secured $250 million in asset insurance.

Bottom Line

Because it is only a 6-digit code, the KuCoin Trading Password can seem like a small detail. But it sits behind the actions that directly involve your funds, which is why KuCoin treats a change or reset carefully and applies a temporary restriction. But if this extra step feels like it slows down your trading routine, you can look through our KuCoin alternatives guide.

FAQs

1. Is the KuCoin Trading Password the Same as Google Authenticator?

No. KuCoin Trading Password is a separate 6-digit number, while Google Authenticator provides a time-based verification code.

2. Can I Reset My KuCoin Trading Password Without the Old Code?

Yes. Select “Forgot Password?” from the Trading Password screen, then verify your account using the required email and authenticator codes.

3. How can I recover my KuCoin trading password?

You cannot view your existing KuCoin Trading Password. If you forget it, you will need to reset it through the account verification process and set a new 6-digit code.