Kucoin is one of the largest crypto exchanges in the world with its headquarters in Seychelles.
With over 850 different cryptos, a comprehensive spot and futures market, and a well-designed platform, Kucoin is a top choice for millions of crypto enthusiasts. Since its launch in 2018, Kucoin has accumulated over 28 million users from 200 different countries.
But which countries does Kucoin support, and which countries are restricted or banned from using Kucoin due to laws, regulations, and jurisdictions?
Kucoin Restricted & Banned Countries
Any finance-related company will have regulatory issues in some countries and Kucoin is no exception here. As of 2023, Kucoin is not available in 5 countries. Below you will find a list of countries where Kucoin is not legal and not available according to Kucoins official terms of use.
- United States
- Singapore
- China (mainland and Hong Kong)
- Thailand
- Canada
Furthermore, Kucoin restricts all countries and areas, “sanctioned by the Republic of Seychelles and countries sanctioned by international laws and conventions to which the Republic of Seychelles is a party”
Does Kucoin require KYC?
Yes, Kucoin requires KYC. The exchange made KYC mandatory on the 15th of July 2023. New users are forced to verify their identity, otherwise, they can not deposit, trade or withdraw. If you want to know more about Kucoins KYC requirements, you can check out our official Kucoin KYC guide.
Can Kucoins Restricted Areas Use a VPN?
If you are a resident of one of the restricted areas, you can not use Kucoin at all, even with a VPN as Kucoin requires KYC verification.
The restrictions refer to residents of the respective countries. If you are from another area but you want to visit a restricted country, you can still visit Kucoin with a VPN.
Which Countries Are Supported by Kucoin
Kucoin is known as a global exchange with users from all around the world. As of 2023, Kucoin serves customers from over 200 different countries. Kucoin is one of the largest platforms and even supports more countries than other big players such as Coinbase or Binance which are not available in as many countries.
Kucoin is available in all European, African, and South American countries. Furthermore, Kucoin is available in Australia. Kucoin only has some restrictions in North America and Asia.
Kucoin Alternatives
If you are one of the few unlucky countries that are restricted from using Kucoin, we highly recommend you check out some of the best Kucoin alternatives.
The best option as of 2023 is BingX. With over 10 million users and 600 available assets, BingX offers a great crypto experience. With a dedicated spot and futures market, BingX is a top alternative for traders from a restricted country.
Another good option is BYDFi. Formerly BitYard, BYDFi is a licensed exchange fully operational in the United States (except for New York). The platform is well-designed and similar to Bybit, which is another great Kucoin alternative.
Bottom Line
Kucoin is a professional crypto exchange that is available in most countries. Unfortunately, some countries are restricted by Kucoin. These countries include the US, Canada, China, Thailand, and Singapore.
Read our Kucoin review for a comprehensive look at the platform.
FAQ – Kucoin Banned & Restricted Countries
Is Kucoin available in Canada?
No, Kucoin is not available in Canada. Canada is on Kucoin’s list of restricted countries. Due to laws and regulations, Canadian residents can not use Kucoin’s services.
Is Kucoin available in the UK?
Yes, Kucoin is available in the United Kingdom. Crypto enthusiasts from the UK can register on Kucoin, perform the KYC verification, and trade. Kucoin is legal and allowed in the UK. Kucoin even accepts payments in £ GBP.
Is Kucoin Available in Australia?
Yes, Kucoin is available in Australia. Crypto enthusiasts from Australia can register on Kucoin, perform the KYC verification, and trade. Kucoin is legal and allowed in Australia. Kucoin also supports the native Australian currency AUD.
Is Kucoin available in New York?
No, unfortunately, Kucoin is not available in New York. In fact, Kucoin is not available in the US at all.
