MultiversX Tracker is Live!

If you're in the US and have kucoin, please read

All Cryptocurrencies

by COINS NEWS 36 Views

For the last few years, kucoin was the only "major" exchange that didn't require KYC. It was the main reason I used it outside of a select few coins I couldn't get elsewhere.

The last half of 2022 they no longer allowed deposits without KYC. I could no longer send tether I acquired elsewhere and buy new coins. Thats fine, I had enough on the exchange to do what I wanted.

As of February 1st, kucoin will require KYC to be able to make any trade order. That means selling as well.

The thing is Kucoin is in Singapore and they don't allow US residents to KYC. I believe they were unwilling to work within the confines of all the new regulations the US passed.

So this is just a friendly reminder. Come Thursday, if you're a US resident and have anything on kucoin, you will lose access. Either sell it and move the tether, or send it to another wallet or exchange.

It's a shame too, I really liked a lot of kucoins features.

submitted by /u/JohnTitorAlt
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments