{"id":80908,"date":"2023-06-28T16:00:58","date_gmt":"2023-06-28T13:00:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80908"},"modified":"2025-09-11T19:47:27","modified_gmt":"2025-09-11T16:47:27","slug":"kucoin-to-require-mandatory-user-verification","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kucoin-to-require-mandatory-user-verification\/","title":{"rendered":"KuCoin to require mandatory user verification"},"content":{"rendered":"<p>The cryptocurrency exchange <a class=\"tracking_link\" href=\"https:\/\/www.kucoin.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"> KuCoin<\/a> announced new user verification (KYC) rules. They will take effect in the second half of July.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? IMPORTANT: In order to protect users\u2019 assets and combat money laundering, terrorist financing and related financial crimes around the world, <a href=\"https:\/\/twitter.com\/hashtag\/KuCoin?src=hash&#038;ref_src=twsrc%5Etfw\">#KuCoin<\/a> will enhance our <a href=\"https:\/\/twitter.com\/hashtag\/KYC?src=hash&#038;ref_src=twsrc%5Etfw\">#KYC<\/a> requirements.<\/p>\n<p>From July 15, 2023 (UTC):<br \/>? Newly registered users must complete their KYC in order to use\u2026 <a href=\"https:\/\/t.co\/oTZULNqAxd\">pic.twitter.com\/oTZULNqAxd<\/a><\/p>\n<p>\u2014 KuCoin (@kucoincom) <a href=\"https:\/\/twitter.com\/kucoincom\/status\/1674002527057252352?ref_src=twsrc%5Etfw\">June 28, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>After July 15, the exchange:<\/p>\n<ul class=\"wp-block-list\">\n<li>will introduce mandatory verification for new users;<\/li>\n<li>will limit access to a number of services for existing clients without KYC.<\/li>\n<\/ul>\n<p>Only spot sell orders and withdrawals will be available. KuCoin will block deposits, and will impose restrictions on margin and futures accounts, KuCoin Earn services and ETF.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite><em>\u00abWe are closely monitoring cryptocurrency regulation in the jurisdictions where we provide our services. The KYC system update is aimed at meeting regulatory requirements and improving the security of users\u2019 assets\u00bb, \u2014 commented KuCoin CEO Johnny Liu.<\/em><\/cite><\/p><\/blockquote>\n<p>Instructions for completing KYC are published on the platform\u2019s website in the <a class=\"tracking_link\" href=\"https:\/\/www.kucoin.com\/ru\/support\/4401857433241\" target=\"_blank\" rel=\"noopener noreferrer\">Help Center<\/a>.<\/p>\n<p><a class=\"tracking_link\" href=\"https:\/\/www.kucoin.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"> KuCoin<\/a> \u2015 a cryptocurrency exchange supporting spot, margin and P2P trading. The platform is actively developing its own ecosystem \u2014 the KuCoin Community Chain blockchain with its native token KCS, the KuCoin Wallet, the Windvane NFT marketplace and a number of DeFi applications.<\/p>\n<p>Earlier, KuCoin <a href=\"https:\/\/u1f987.com\/en\/news\/what-to-invest-in-2023-kucoins-top-3-ai-tokens\">spoke about<\/a> promising projects that develop services at the intersection of AI and blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The KuCoin cryptocurrency exchange announced new user verification (KYC) rules. They will take effect in the second half of July.<\/p>\n","protected":false},"author":1,"featured_media":80909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"2","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1411],"class_list":["post-80908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kucoin"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"2","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80908"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80908\/revisions"}],"predecessor-version":[{"id":80910,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80908\/revisions\/80910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80909"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}