KuCoin has earned a reputation as a go-to platform for “degen” traders, with an abundance of low-cap and meme coins that can skyrocket—but does it offer a safe environment for retail investors?
Key Advantages of KuCoin
KuCoin lists over 700 coins, with a strong focus on memecoins and low-cap tokens.
Its user interface is simple and beginner-friendly, with minimal feature overload.
The mobile app is stable and makes it easy to monitor your wallet and trades.
It also offers a decent range of staking, earn, and lending products.
Important Risks to Keep in Mind
KuCoin has frequently been targeted by FUD, including rumors of insolvency.
Withdrawals were delayed at times in 2023, causing concern among users.
The exchange is not licensed in many major countries, such as the United States.
Copy trading features remain underdeveloped compared to competitors.
Hard Lessons from the KuCoin Community
- During the 2021 bull run, KuCoin became a goldmine for x20 coin hunters chasing gems like SHIB and FLOKI. But others weren’t as lucky—some bought obscure coins that dumped
within 10 minutes, wiping out their capital before they could cash out. - In September 2020, KuCoin suffered a major hack, losing over $280 million in digital assets.
The breach was reportedly due to a compromised hot wallet private key. Many users panicked as they couldn’t withdraw in time.
To its credit, KuCoin restored trust by reimbursing nearly all affected assets through insurance and project partnerships.
This incident was a shock—but also a major “trust test” that KuCoin ultimately passed. - Between 2021–2022, KuCoin gained fame for listing new IDO coins extremely fast.
Some users jumped in early and saw prices 5x in just 15 minutes. Their portfolios turned green instantly—but when they tried to withdraw, they saw “Wallet under maintenance.”
By the time withdrawals reopened, prices had crashed by -70%.
The lesson: Fast listings don’t always mean fast exits.
Who Is KuCoin Best For?
→ Ideal for:
- Risk-tolerant investors
- New coin hunters
- Traders who enjoy high volatility
→ Not suitable for:
- Investors who prioritize regulatory compliance and high-security environments
If you’re the type of user who thrives in a fast-paced, high-risk, high-reward environment, KuCoin might be just what you’re looking for. And if you haven’t created an account yet, don’t miss out—sign up with referral code FORCRYPTA to unlock new user bonuses of up to $3,200 USDT.
How to Register a KuCoin Account on Mobile
Creating a KuCoin account takes less than 2 minutes. Just follow these steps:
Step 1:
Download the KuCoin app from the App Store (iOS) or Google Play (Android)
Step 2:
Open the app and tap [Sign Up]
Step 3:
Enter your email or phone number, then create a secure password
📌 Don’t forget to use referral code: FORCRYPTA to claim up to $3,200 USDT in bonuses!
Step 4:
Receive the verification code (via SMS or email) → Enter it to complete registration
Step 5 (optional):
Go to the Account section → Complete KYC to increase deposit/withdrawal limits and unlock additional benefits
Now you’re ready to dive into KuCoin—one of the most vibrant and fast-moving crypto “marketplaces” in the industry.
If you’d like a step-by-step guide on how to make your first trade, buy new coins, or set up 2FA security, just say the word—I’ll help you right away!
