How Do I Buy Crypto On Kucoin

How to Buy on KuCoin

Posted past in Crypto | Updated on November xv, 2022

At a Glance:
KuCoin is an international cryptocurrency exchange platform that caters primarily to traders or investors. Users can trade about 400 different cryptocurrencies on the platform – i of the almost extensive lists of cryptocurrencies hosted on any exchange site.

Despite many concerns, the future is still looking bright for cryptocurrency.

Naturally, we’d all love to be a part of this heady economy. The kickoff footstep to doing so is by investing in your called cryptocurrency. You can do this through exchanges like KuCoin.

Don’t know how to purchase on KuCoin? In this commodity, nosotros’ll talk about the recently-introduced KuCoin, its features, and how yous tin can outset using this new crypto exchange.

What is KuCoin?

Established in 2017, KuCoin is an international cryptocurrency exchange platform that caters primarily to traders or investors.

There’s a lot to gain from KuCoin’due south many features. Aside from its smooth, user-friendly UI and the standard trading platform fare, it likewise offers P2P, futures, and margin trading.

Users can trade about 400 different cryptocurrencies on the platform – 1 of the most extensive lists of cryptocurrencies hosted on whatsoever commutation site. Best of all, it has some of the lowest base fees amid current leading crypto market exchanges, which further enhances its popularity.

In other words, if you’re looking for a beginner-friendly cryptocurrency with a robust trading environment and inexpensive transaction fees, and so KuCoin is an excellent option.

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How to Purchase Crypto on KuCoin

You can trade hundreds of cryptocurrencies on KuCoin – all it takes is to buy your commencement crypto.

Thankfully, KuCoin is designed to be convenient, whether you’re using the app or the desktop version. You simply accept to register with your email accost or phone number. However, this will only provide yous with a limited range of features.

If you want to access the total range of features and benefits that KuCoin offers, y’all need to follow a registration and verification process.

The following sections will teach you exactly how to buy crypto on KuCoin.

1. Sign Upward for KuCoin Account

Before everything else, you lot need to take a KuCoin business relationship. This tin exist done by navigating to KuCoin’south website and so post-obit the instructions below.

  1. On KuCoin’s homepage, look for the Sign Up Now button and click it.
  2. Choose whether y’all want to annals via email or phone number.

For the Phone option, you’ll accept to enter your phone number. KuCoin will send a code. Enter the code into the field and fix your password.

For the E-mail choice, you lot’ll accept to go through the same process, except you lot’ll be receiving the lawmaking via email.

  1. Cheque the Terms of Employ box and click the green Sign Upward push button.
  2. Complete the CAPTCHA and click Next.
  3. If everything is adept, KuCoin will instruct you to check your email address for a confirmation letter.
  4. Log in to your email. If you can’t discover it in your inbox, wait for a few more minutes or check your Spam folder.
  5. In one case you find the email, open it to click the confirmation link.
  6. This will bring you lot back to the login page. Enter your credentials and open up your personal KuCoin account.

2. Secure Your KuCoin Business relationship

KuCoin uses ii-factor authentication (abbreviated as 2FA) to secure your account on the platform.

2FA is a type of multi-gene hallmark that provides an additional layer of security to your business relationship. In order to enable information technology, y’all need to provide at least one other piece of data to complement your login details, hence the discussion “two-factor.”

2FA isn’t enabled on the KuCoin platform by default, but it’s a requirement if you want to proceed with your account creation.

Follow the instructions beneath to enable two-factor authentication for your KuCoin account.

  1. The get-go time yous open up your business relationship, you’ll run across a pop-upwards box with a reminder that you have to enable your 2FA setting. Go to Accounts and click “Bind 2-Step Verification.”
  2. Follow the on-screen instructions to secure your backup key, then click Next.
  3. Download the Google Authenticator app on your mobile phone.
  4. Scan the on-screen barcode and enter the verification code. Click “Submit.”
  5. KuCoin will warn you not to unbind your 2FA from your phone’s Google Authenticator to secure your KuCoin account.
  6. Congratulations, yous have now secured your KuCoin account through 2FA. You tin also add security questions for additional protection.

3. Verify Your Identity

Know Your Client (KYC) processes are designed to further improve the security of your business relationship by linking it to your personal data. Although yous can technically use KuCoin even without verifying your identity, a withdrawal limit volition exist imposed on you until you undergo the verification procedure.

That’due south why, if you want to use KuCoin fully, yous’re going to have to complete the KYC. To do so, follow the steps below.

  1. Subsequently setting up your 2FA and your security questions, y’all demand to verify your email address showtime. Log in to your email address and look for KuCoin’s bulletin. Click the Confirm button or the attached link.
  2. This should bring you lot back to a KuCoin page confirming your verification.
  3. Next, choice the type of account that you have, and click on the blue Go on push.
  4. The following window volition brandish the requirements needed for your KYC verification. To proceed, click Continue.
  5. Fill in all the required data. Y’all also take to submit a copy of your valid ID.
  6. To cheque if you lot’ve filled in everything correctly, go to Account Security and ensure that every step reads Completed.
  7. KuCoin will review your information. If everything checks out, you should receive a confirmation shortly.
  8. To encounter your verification status, go to Overview. The account status will change to Verified once you accept been canonical.

4. Connect Your Account to Funds Fund Your Account

Now that your account is confirmed, you can begin your trading journey. The showtime step is to acquire how to finance your account.

  1. On the platform, click the Assets push.
  2. Choose the nugget that you wish to eolith, or blazon it in the search bar.
  3. Click the Deposit push right beside your called nugget.
  4. On the following field, input your wallet address. Y’all can as well scan the barcode with a QR scanner.
  5. KuCoin will show you a screen with tips to do before you confirm your deposit. Make sure to double-check your wallet address commencement.
  6. Consummate your transaction.
  7. If you want to cheque your transactions, everything is viewable nether the Eolith History tab.

5. Get-go Trading on KuCoin

You lot tin can start trading to earn money as soon as your account receives the assets you transferred, which shouldn’t take long.

  1. Once your nugget is deposited on your business relationship, navigate to the Markets tab.
  2. Select your asset from the list, and then click the Trading push next to it.
  3. To buy, fill out the Buy field with your preferred amount, and click Purchase. The procedure is the same for the Sell pick.

You can view all your current orders past checking the Open Orders button or your history nether the Merchandise History option. Bated from this, yous can as well practice other forms of trading on the KuCoin platform.

How to Buy on KuCoin: The Bottom Line

KuCoin is a promising crypto exchange that is already gaining popularity, with its beginner-friendly platform and low rates.

Registering, verifying your identity, and trading on KuCoin are all pretty straightforward, and you lot tin do everything in less than an hour. If you’ve reached this far, you at present know how to buy on KuCoin and start trading your chosen cryptocurrency.

Read More than

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  • How to Read Crypto Charts

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