how to buy crypto with fiat on kucoin

After verifying their identity and depositing fiat currency, KuCoin users can conveniently purchase cryptocurrency by navigating to the "Buy Crypto" page and selecting their preferred trading pair.

Oct 26, 2024 at 09:27 am

1. Create a KuCoin Account:

   • Go to KuCoin's official website and click on "Sign Up" in the top right corner.
   • Provide your email address and set a strong password.
   • Verify your email address by clicking on the link sent to your inbox.

2. Verify Your Identity (KYC):

   • To buy crypto with fiat (government-issued currency), you need to verify your identity by completing KuCoin's Know-Your-Customer (KYC) process.
   • Upload your government-issued ID (passport, driving license, etc.) and a photo of yourself holding the ID.
   • Follow the on-screen instructions and submit your details.

3. Deposit Fiat Currency:

   • Once your KYC is approved, you can deposit fiat currency into your KuCoin account.
   • Go to the "Assets" page and click on "Deposit."
   • Select the fiat currency you want to deposit (e.g., USD, EUR, GBP).
   • Choose a deposit method (e.g., bank transfer, credit/debit card, P2P).
   • Enter the amount you want to deposit and follow the instructions.

4. Buy Crypto:

   • Go to the "Buy Crypto" page on KuCoin.
   • Select the crypto you want to buy (e.g., Bitcoin, Ethereum, Litecoin).
   • Choose your preferred trading pair (e.g., BTC/USDT, ETH/USDT).
   • Enter the amount of fiat currency you want to spend or the amount of crypto you want to buy.
   • Click on "Buy" to place your order.

5. Transfer Crypto to Spot Wallet:

   • After your order is completed, the purchased crypto will be credited to your trading account.
   • To withdraw your crypto, you need to transfer it to your KuCoin Spot wallet.
   • Go to the "Assets" page and find the crypto you bought.
   • Click on "Transfer" and select "Spot Wallet."
   • Enter the amount you want to transfer and confirm the transaction.