✔️ Information reviewed and updated in September 2024 by Eduardo López
IS Kucoin RELIABLE? OPINIONS
In this post I will analyze Kucoin. Is Kucoin cryptocurrency broker (with Kucoin.net website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
In this analysis I will clearly tell you my opinion about the Kucoin broker, below you can find my complete opinion.
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
| Information | About the company |
|---|---|
| (I.e. Company | Not mentioned |
| ???? Address | Not mentioned |
| 📄 Attend the event | Not mentioned |
| 🛡️ Regulapain | Not mentioned |
| ️ ️ Phone | Does not have |
| Does not have | |
| 🌐 Website | Kucoin.net |
| ???? Live Chat | No |
| ❓ Company type | cryptocurrency broker |
📞 LIST OF PHONE NUMBERS:
The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of plans that Kucoin offers; In the case of this broker, the broker does not mention any information about having different types of accounts.
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “Kucoin.net” was registered on June 26, 2017. That is, it is a website that is very, very old.
- The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data.
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company.
⭐ Kucoin OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company does not mention its location. Here I can notice a very clear lack of transparency with key information that I should know in order to be able to evaluate the security of the company.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) The company's website, its domain was registered on the following date: June 26, 2017. It leaves me calm that it is old.
4) The company has an excellent reputation on the internet. I have no complaints regarding this.
5) The company's trading platform is actually very good as does Kucoin's support. These are data that also leave me satisfied.
“After carrying out an in-depth analysis of Kucoin, I think it is a serious company. So far, I have not detected any signs of scam. Likewise, I suggest you exercise caution. Remember that the vast majority of traders lose their money in investments.”
💬 WHAT TO THINK OF A COMPANY LIKE Kucoin?
Kucoin is a broker with a significant history in the market, having been established since June 2017. However, despite its longevity in the industry, there are some gaps in its transparency that could raise concerns among investors. The lack of disclosure of its location and the absence of information on its regulation are worrying aspects that could affect user trust in the platform.
Although the lack of online complaints can be perceived as a positive indicator, the importance of proper regulation and transparency in the financial world cannot be discounted. The complaint of fraudulent activities by the French financial regulator, AMF, adds an additional element of risk that investors should take into account when considering Kucoin as an investment option. Given this situation, potential investors are strongly recommended to conduct extensive research before committing their funds to this platform.
Ultimately, caution and due diligence are essential when evaluating any broker, especially those operating in poorly regulated or whistleblowing jurisdictions. Despite its long history, investors should carefully weigh the risks and consider more transparent and regulated alternatives that offer greater protection for their investments.
📣 LATEST UPDATES:
1) Update April 2024: AMF, French Financial Authority, has denounced Kucoin
✔️ CLAIM MONEY FROM Kucoin:
If what you are looking for is to withdraw or claim money from Kucoin, I will explain step by step what you should do:
- Request the withdrawal of your capital through the platform
- If you can't, ask your contact person or company adviser for help
- Start the withdrawal of your money
Following these simple steps you should be able to withdraw your capital. If you find any difficulty leave me a comment and I will gladly help you.
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Kucoin is a cryptocurrency exchange that allows users to buy, sell and exchange a variety of digital assets.
In my opinion we are talking about a safe and reliable broker. I think this is a serious company.
As I told you above in my analysis, the truth is that I think it is a safe company.
In this link you can open an account with Kucoin.
To do this, simply contact the company through its contact section.
This broker is NOT RELIABLE. It is true, I could not withdraw, do not fall into the trap, I know you will thank me.
Hello Adrián, Kucoin is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.