KuCoin logo

KuCoin

exchange
Operational

Exchange that suffered a $281M hack in 2020; most funds recovered.

Platform Information

Founded

2017

Headquarters

Seychelles

Two-Factor Authentication

An extra login step that protects your account even if your password is stolen.

Yes

Custodial

The platform holds your crypto on your behalf — you don't control the private keys.

Yes

KYC Required

Know Your Customer — you must verify your identity before trading or withdrawing.

Yes

Proof of Reserves

The platform publicly proves it holds enough assets to cover all customer funds.

Unknown

Insurance

Customer funds are covered by insurance in the event of a hack or platform failure.

No

About KuCoin

KuCoin is a global cryptocurrency exchange registered in the Seychelles. In September 2020 it suffered a major hack in which approximately $281M was stolen from its hot wallets. Most funds were subsequently recovered through blockchain analysis and exchange cooperation. The exchange has significantly upgraded its security infrastructure since.

Security & Score

45

Platform Safety Score

45/100Poor

Based on incident history, security features, and track record

No detailed security information available for KuCoin.

Incident History

No incidents recorded for this platform.

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