ForexNewBonus Free Credit $30 No DepositBonus Claim Now CFDs carry a high risk of losing money. ForexNewBonus Boost Margin 120% DepositBonus Claim Now Bonus terms apply. Leverage increases risk.

KuCoin key facts (2027)

Founded
2017
Headquarters
Seychelles
Founder
Michael Gan, Eric Don and partners
Native token
KCS
Products
spotmarginfuturestrading botsearnlending
Good to know
Pleaded guilty in the US in January 2025 and paid about $297 million; hacked in 2020
Website
kucoin.com

Fact sheet last checked November 2026. Terms change often, so confirm the details on the official website before you commit money.

This KuCoin review for 2027 looks at the Seychelles-based crypto exchange, founded in 2017, and covers trading fees, security record, the KCS token and regulation, so you can decide whether it fits the way you trade.

KuCoin overview (2027)

KuCoin opened in September 2017 and quickly earned the nickname "the people's exchange" by listing promising small coins that bigger platforms ignored. The company is registered in Seychelles, reports more than 40 million users worldwide, and remains one of the best-known destinations for altcoin trading. After a turbulent few years that included a major hack and a criminal case in the United States, KuCoin is now rebuilding around compliance under chief executive BC Wong.

Markets and tools

KuCoin lists more than 800 cryptocurrencies and has a long record of spotting projects early. Its product range covers nearly everything an active trader needs:

  • Spot and margin trading with cross and isolated margin.
  • Futures, including USDT-margined and coin-margined perpetual contracts.
  • Trading bots, which are free to use and are among the platform's most popular features. Options include spot grid, futures grid, dollar-cost averaging, smart rebalance and infinity grid.
  • KuCoin Earn for savings, staking and structured products.
  • Crypto lending, where users lend assets to margin traders and earn interest.
  • Spotlight and GemPool for new token launches.

The trading bots deserve a special mention. Millions of bots have been created on KuCoin, and the setup screens include suggested parameters that help beginners avoid obvious mistakes. A grid bot will not make a bad market profitable, but it automates the discipline that many manual traders lack.

KCS: the exchange token

KuCoin Token (KCS) rewards loyal users. Holders who keep at least a small minimum balance receive a daily bonus funded from the exchange's trading fee revenue, and paying fees with KCS gives a 20% discount. KuCoin also burns tokens regularly to reduce supply.

Fees

KuCoin groups coins into classes. For the most liquid class, spot fees start at 0.1% for makers and takers, while smaller tokens cost more. Futures fees begin at 0.02% for makers and 0.06% for takers. Volume and KCS holdings unlock lower tiers. Deposits are free, and withdrawal fees follow network costs. Overall, pricing is in line with the other large offshore exchanges.

The 2020 hack

In September 2020, attackers obtained the private keys to KuCoin's hot wallets and withdrew roughly $280 million in assets. It was one of the biggest exchange thefts at the time. KuCoin worked with blockchain projects and other exchanges to freeze and recover most of the funds, and its insurance fund covered the remainder. No customer lost money. The exchange rebuilt its wallet infrastructure afterwards and now publishes regular proof-of-reserves reports with ratios above 100% for major assets.

The United States case

For years KuCoin allowed customers to trade without verifying their identity, which attracted users but also the attention of prosecutors. In January 2025 the company pleaded guilty in the United States to operating an unlicensed money transmitting business and agreed to pay close to $300 million in penalties. Its two founders stepped down from management, and KuCoin agreed to stay out of the US market for at least two years.

The exchange had already made identity verification mandatory in 2023. Since the settlement it has been pursuing licences, including a regulated European business based in Austria and a licensed platform in Thailand. This is a genuine change of direction, although its regulatory standing is still weaker than that of long-licensed competitors.

Who is KuCoin for?

KuCoin is a strong choice for altcoin investors who want a wide selection without moving to a decentralised exchange. It is also ideal for anyone curious about automated trading, since the bots cost nothing extra. Lenders can earn interest on idle assets, and KCS holders collect a share of fees.

It is not available to residents of the United States, and it is restricted in several other countries. Traders who want maximum liquidity in major pairs may still prefer Binance or OKX.

Pros and cons

  • Pros: large altcoin range, free built-in trading bots, KCS daily bonus, competitive fees, regular proof of reserves.
  • Cons: past hack and criminal settlement, no US access, higher fees on small-cap coins, fewer fiat on-ramps than top-tier rivals.

How to open an account

Register with an email address or phone number, complete identity verification, and turn on two-factor authentication along with a trading password. Fund the account by crypto deposit, card purchase or P2P. If you try a trading bot, start with a small amount on a liquid pair and let it run for a few weeks before judging the result.

KuCoin review: verdict for 2027

KuCoin still offers what made it popular: lots of coins, useful tools and fair fees. The 2025 settlement closed a difficult chapter, and the exchange is now far more compliance-minded than before. For altcoin traders and bot users outside restricted regions, it remains a worthwhile platform.

KuCoin FAQ 2027

When was KuCoin founded?

KuCoin was founded in 2017 and is headquartered in Seychelles.

Does KuCoin have its own token?

Yes. The native token associated with KuCoin is KCS.

What can you trade on KuCoin?

KuCoin offers spot, margin, futures, trading bots, earn and lending.

Related reviews

See all 40 crypto exchanges →

Live BTCUSDT chart with RSI and MACD indicators

Technical indicator summary

Chart symbol: KUCOIN:BTCUSDT. Charts are provided by TradingView. Indicator readings are market data, not a recommendation to buy or sell.

Live forex and crypto markets

Prices are provided by TradingView and may be delayed. They are shown for information only.

Risk warning: Trading forex, CFDs, futures and crypto-assets carries a high risk of losing money and is not suitable for everyone. The information on this page is educational, is not investment advice, and can change without notice. Always confirm fees, rules and regulation on the provider's official website before opening an account. Crypto exchange volume data by CoinGecko. Charts by TradingView.