If you wish to invest in Ethereum (ETH), you can buy it from KuCoin. This exchange is popular due to its simple usability and high-security features.
You may follow the step-by-step instructions below, and we will help you purchase Ethereum (ETH) true KuCoin.
1. Download KuCoin App
You can either register through the website or the app, which you can download from google play for android and AppStore for IOS.
2. Sign-up for a free KuCoin account
You can use your phone number or email to sign-up for an account. The account verification is optional and if you want to get higher limits or use advanced features, you should verify your account.
3. Buy using Debit/Credit card
To buy Ethereum (ETH), Open “Assets” and Tap “Buy Crypto”.
4. Select ETH
Under the “Buy” page, select ETH, and on the upper right corner, select the Fiat currency you want to use
5. Input the amount
Enter the amount you want to purchase and Tap “Buy ETH.” Take note that the Minimum amount required is at least 50 USD, and the Maximum amount is 2000 USD.
6. Select Payment Method
On the “Third Party” page, select the Payment Method you want to use. For USD, you can either use Visa/Mastercard or Apple pay.
7. Select Payment Channel
After selecting Visa/Mastercard as the payment method, the third-party payment channel will refresh and will ask you to choose your preferred channel showing the best offer at the top. The higher amount of ETH you can buy, the better
8. Confirm Order
Tap Confirm Order button, and you will see the summary of your purchase before finalizing your payment. Put a check mark on the “I have read and agree to the disclaimer” and Tap confirm
9. Third-party payment
On the third-party payment website, enter your contact details and proceed with the payment using your Visa or Mastercard
10. Checking your purchases
Under “My Order”, you can see your Pending and Completed purchases.
Now that you have purchased your Ethereum, you may check out our Frequently Asked Questions below.
Is KuCoin and ETH wallet?
It supports popular blockchains such as Polygon, BNB, KCC, and ETH. You may use KuCoin to trade, buy, sell and even hold cryptocurrencies.
What payment methods do KuCoin accept?
It supports all Visa/Master credit, debit, and prepaid cards.
Is it safe to keep crypto on KuCoin?
It gives you a high level of encryption and data security. They have partnered with Onchain Custodian to keep crypto assets safe while it’s stored in KuCoin. It also provides insurance that protects your cryptocurrencies from web attacks (hacks).
How do I link my bank account on KuCoin?
Here’s a short video that can help you link your bank account.
How much does KuCoin charge for Deposits?
It is free of charge but it can charge you withdrawal fees depending on the cryptocurrency that you will be cashing out. No worries as it has the lowest withdrawal fees you can find online.
Is KuCoin good for beginners?
It is user-friendly, it values its reputation, and maintains high-level of security
Can I use Paypal on KuCoin?
Yes you may use PayPal to buy your favorite cryptocurrencies.
What countries can use KuCoin?
KuCoin has 10 million registered users from different countries. They are available in the UK, Russia, Australia, India, and Germany.
Do you need KYC for KuCoin?
Registering for the first time will show an “Unverified” status beside your name. You can start using basic features such as deposit, convert, and marginal trade and can withdraw up to 5 BTC daily limit. To enjoy advanced features or benefits, you can proceed with verifying your identity.
The verification process would usually take several business days to be completed. You will get a notification via email once it’s done.
Here’s a step-by-step video on How to get verified.
Can US citizens KYC on KuCoin?
Unfortunately, USA is not on the list. If you’re from the US, You can still enjoy some of the app’s functionalities, but you cannot unlock all, which can affect your trading experience.
Is KuCoin the best exchange for you?
You can proceed with KuCoin only if you mostly meet the following criteria:
- If you want to buy new and less popular cryptocurrencies and are currently residing outside the US
- You’ve been trading for a long time and want to explore more advanced features.
- You want to know more about earning opportunities and fully understand the risks.