KuCoin Exchange Review: OG Score & Community Audit

Wrote an audit about KUCOIN 6 months ago, and seeing no changes in the exchanges proves the exchange as a risky one. Following a major federal criminal settlement, an indefinite exit from the U.S. market, sudden account lockouts from enforced mandatory KYC rules, forced management departures and reliance on internal reserve snapshots rather than full third party audits, its current regulatory and operational red flags outweigh its trading conveniences.

Its just like a home to bots to me, expect a launch that's so hype on Kucoin and that's the only option you have that moment then you will regret ever registering a Kucoin app to begin with 💔💔 The poor design will first hit you for seconds and then you realised you're just in problem from trading fees and withdrawals fees and minimum withdrawal, so very high. Kucoin is app I go for when am just out of options for now sadly.

Kucoin maybe good exchange for some users but for me it's very unprofessional exchange, security is weak, fee are high minimum withdraw is also high, UI design is also very unfriendly for a crypto beginner. If there's listing the exchange will be facing high traffic and congestion which cause frustration, kucoin is good for liquidity so trading Bitcoin and main crypto currency is seamless.

I’m disgusted by how easily scammers are using Kucoin to scrub their loot. Between the fake Ledger app and the Bitcoin Depot hit, it’s clear they’ve become the preferred exit ramp for the industry’s worst actors. It feels like they’ve outsourced their soul to entities like AudiA6. Any exchange this cozy with threat actors is a ticking time bomb for users. Proceed with extreme caution. See zachXBT on action: https://x.com/i/status/2044009775546151180

KuCoin built its reputation by becoming one of the most aggressive altcoin listing platforms in the crypto industry. But loosing it to the competition in the last years heavily because of poor support, high deposit fees, delayed deposit crediting. The exchange’s reputation took a major hit in 2020 when hackers compromised KuCoin hot wallets and stole roughly $280 million worth of digital assets. https://coingeek.com/kucoin-recovers-84-of-funds-lost-in-280-million-hack/ Through industry cooperation, token freezes, and internal insurance coverage, 84% of the stolen funds were eventually recovered. While the recovery effort was considered successful, the incident still raised concerns about internal wallet security practices. More serious reputational damage arrived in March 2024 when U.S. authorities charged the exchange with operating an unlicensed money-transmitting business and failing to implement proper anti-money-laundering controls. The investigation triggered widespread fear among users and caused significant withdrawals from the platform. KuCoin responded by tightening compliance rules and gradually expanding mandatory identity verification requirements. In early 2025, BC Wong was appointed CEO in an effort to rebuild regulatory credibility and stabilize operations. I personally used Kucoin many times, overall liquidity and trading experience is fine but not as good as competitors, Kucoin should invest more on lower latency infra and better community marketing tactics and must offer better support

They used to be a good community. In the beginning, exchanges rewarded users who participated in their campaigns, but the situation has changed now, and they no longer reward users. Also, Dubai's Virtual Assets Regulatory Authority (VARA) issued a cease-and-desist order against KuCoin in March 2026, accusing the exchange of operating in the emirate without the necessary licenses. Additionally, withdrawal fees are relatively high compared to other exchanges.

KuCoin has a huge selection of altcoins, low fees,high leverage, trading bots, and an easy app that many traders love for variety and fast new listings. But frequent witdrawal freezes, really slow and unhelpful support, KYC delays, liquidation problems, and past big regulatory fines make it risky with lots of people calling frozen funds a scam

Kucoin has lots of complaints like unrewarded giveaways, frozen funds, P2P frauds, delays in tickets especially for KYC locks. They were hacked around 2020 they recovered from.

KuCoin focuses more on listing lots of tokens than filtering them. It’s good for early access, but that also means higher exposure to low-quality projects. They also have Ongoing issues around account restrictions and transparency make it less ideal for long-term holding, support systems need more improvement 💯💯

Certainly below average for me. Their tech infrastructure in 2025 is a glitch-ridden disaster. I’ve seen users and reports highlighting repeated AWS outages that halted withdrawals and trading. On April 15, for example, KuCoin and other platforms suffered network interruptions that froze services and left orders unprocessed. You try to trade or move your funds, and suddenly $5,000 in profits can vanish because the system botches executions and support ignores your tickets. At the end of the day, you'll just be stuck refreshing the app and hoping that it works again.

above average trading fees (Futures) books are bot made mostly (lie many exchange no offence!) also Kucoin torture you with high Funding fees (compare to similar platforms) I rarely use Kucoin for spot trading but they are amateurs on blockchain deposit credits (sometimes takes hours)

withdrawal fees could be lower (for minor altcoins it's high) I have how late they credit deposits! They won't issue them unless I open a ticket or wait 2-3 days!