Do you live in Europe or the US? Our crypto exchanges are heavily regulated and watered-down. Not KuCoin. Long live the free market! Even Forbes agrees that KuCoin is excellent.
Go to the steps below to find your Kucoin wallet.
Wanna know how people are feeling about crypto? Check out my new interactive crypto fear & greed index graph.
What’s a cryptocurrency wallet address?
It’s cryptocurrency’s equivalent of a bank account number.
A wallet address, also known as an account address or public key, is the unique identifier for your cryptocurrency wallet. Each cryptocurrency has its format of address. You can double-check your coin’s general address format on Google by searching “sample Ethereum [or insert coin] wallet address.” you can see the available form of the coin you’re interested in.
Why should you care? For starters, KuCoin doesn’t connect to bank accounts. Let’s say you want to make a million dollars trading options on KuCoin. You’ll need to fund your KuCoin account by sending cryptocurrency to your KuCoin wallet address. Your KuCoin wallet address will be your deposit address.
Hardware wallets like Ledger or Trezor are compatible with KuCoin and can have multiple addresses for each coin.
How do I find my KuCoin Wallet Address?
- First, login to your KuCoin account. Next, click on your avatar in the top right corner and select the wallet logo which will take you to your ‘assets’ page.
2. Click over to your main account on the tab. You’ll see a list of currencies appear. Use the search space to type in the name of the crypto you want your address for. Click on the cryptocurrency.
After typing in the crypto’s name or scrolling to it, select the deposit button.
You’ll land on your wallet homepage for that coin. You’ll see your wallet address in the bottom middle of the screen. It’s a long alphanumeric. You can hit the copy button to the right of your wallet address. Paste your address in your sending wallet to transfer funds to KuCoin. Triple-check before the transaction and ensure you didn’t paste the wrong address.
Depending on the network, your transaction will take 5-60 minutes to complete.
I recommend using Stellar Lumens (XLM) to fund your Kraken or KuCoin accounts. The XLM network is fast and has low transaction costs. XLM and others also require a ‘memo’ field when sending coins from one place to the next.
On KuCoin, your trading account is different from your main account. To start trading, you’ll need to move your assets to your trading account.
Is it bad if someone knows my deposit address?
No, you’re fine. Every wallet address is available to see on coin monitoring networks like Etherscan. Some wallet addresses are famous- like the mystery Dogecoin address that holds over 1 billion DOGE- people think it’s Elon Musk. Don’t hand out your wallet address- but you’re safe if people find it out.
Remember- crypto is secure and challenging to hack. What you need to protect are your private keys and your seed phrase.
The most common scam you’ll see online is scams where people try to get your seed phrase- never give it away. You might get an email saying, “Coinbase Wallet has an upgrade. Please submit your ‘old’ seed phrase by next Tuesday so we can update your wallet.” Bullshit. Fuck scammers. I hope they try to escape when the cops bang on their door and a sea of bullets rains on their legs.
Check out the KuCoin help center if you’re still stuck. KuCoin’s customer support response time is slow.
Crypto is complicated. If it weren’t, more people would use it. Less than 4% of the world’s 8 billion people own cryptocurrency. Why?
Because it doesn’t work seamlessly with everything else.
It’s okay if something is complicated: operating systems, cloud computing, and WiFi are all complicated, but regular people understand their user interfaces. It’s easy to access WiFi and get on a website, and there’s security.
To trade crypto, you must get on an exchange and do Know-Your-Customer (KYC). Then you go through this long process of copying and pasting an address. Users pay the price by losing their coins if they don’t paste a deposit address on the same network. It’s a significant security issue!