How to buy KuCoin (KCS) in Australia

Learn how to buy KuCoin (KCS) on 3+ crypto exchanges in our step-by-step guide.

KuCoin (KCS) is the 85th largest cryptocurrency by market cap, valued at US$1,320,753,721.

KuCoin is a highly volatile asset capable of major price swings in a single day. Today KCS is trading for $10.99 USD, which is lower than yesterday's trading price of $11.15 USD. Over the past year, KuCoin's price has seen an increase of 49%.

So before you buy KuCoin, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy KuCoin.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy KuCoin in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy KuCoin is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy KuCoin
    You can now exchange your funds for KuCoin. On beginner-friendly exchanges, this is as simple as entering the AUD or KCS amount you want to purchase and clicking "buy".
  5. Secure your KuCoin
    Consider transferring your KCS to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy KuCoin in Australia

Find an exchange to buy, sell and trade KCS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 3 of 3
Name Product GXFCY Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Go to site
KuCoin
KuCoin
Credit card, Cryptocurrency, Debit card, P2P

5

793

Sign up and claim 100 USDT + 200 USDT trading coupon. T&Cs apply.
Go to site

Capital at risk

View details
Bybit
Bybit
Cryptocurrency, Moonpay, P2P, Banxa, Mercuryo

21

472

Disclaimer: Highly volatile investment product. Your capital is at risk.
Go to site

Capital at risk

View details
Paybis
Paybis
Bank transfer, Credit card, Cryptocurrency, Debit card, AstroPay

49

379

Go to site

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this KuCoin guide up-to-date

  • KCS price data is regularly updated through data feeds so you always have the latest information.

What is KuCoin?

Kucoin Token (KCS) is a cryptocurrency token specifically for use on the Kucoin exchange. Owning KCS does two things.Gets you a discount on trading fees and pays you dividends. 50% of all trading fees paid by Kucoin users each day is set aside for KCS holders and distributed equally among all KCS tokens. A small handful of KCS tokens might not make much of a difference, but the benefits of having more might be huge.

How do I find the best places to buy KuCoin?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy KuCoin?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading KuCoin.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing KCS with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy KuCoin?

Once you've created an account, you will need to deposit funds to buy KCS with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy KCS:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase KCS by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for KCS on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy KuCoin?

The easiest way to buy KCS is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying KCS, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of KuCoin has been performing recently.

Best KuCoin wallets to store your KCS

You can keep your KCS on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your KCS below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,000+

Price (USD)

$149

Price (USD)

$129

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is KuCoin a good investment?

As a coin, KCS itself has grown dramatically in value since its creation, becoming quite successful in its own right. There's a set supply limit of about 181 million coins. Consider these aspects:
  • As long as KuCoin remains popular, KCS is likely to keep being popular as well. It's considered to be an effective store of value on the exchange itself and might remain fairly steady even if a particular coin dumps. Even if KCS gets pricey, it's likely that there's always going to be someone looking to hit the next 1,000 threshold for a larger discount.
  • The discount on trading fees would be negligible without a massive holding in KCS. At current prices, you'd need roughly half a million dollars' worth to get the full 30% discount on trading fees. But if you're working with enormous volumes, then you have to calculate whether it's worth it.
  • The dividends might be even more valuable. There is the opportunity of a fee discount on a large KCS holding, and you might well earn more back on dividends than you spend in fees. Dividends take the form of a constant stream of a very wide range of cryptos added to an account. It's worth considering whether, with a bit of time and the possibility that other coins might fail, KCS could become a lot more valuable.

Today's KuCoin price versus ATH

Compare today's price of KuCoin ($10.99 USD) against its all-time-high price of $28.83 USD on 01 December 2021. The closer the bar is to 100%, the closer KCS is to reaching its ATH again.

KuCoin's price: $10.98 USD
ATH date: December 01, 2021
38.09%

KuCoin ATH: $28.83 USD


How to trade, convert or sell KuCoin

You can convert or sell your KCS with the same exchange you bought it through:
  1. Sign in to the exchange you have KCS on.
  2. If you store your KuCoin in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of KCS you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of KuCoin.
  6. Complete your transaction and move your KCS to a crypto wallet for storage.

How to buy other cryptos

BitcoinBitcoin symbol
EthereumEthereum symbol
TetherTether symbol
SolanaSolana symbol
BNBBNB symbol
XRPXRP symbol
DogecoinDogecoin symbol
Lido Staked EtherLido Staked Ether symbol
CardanoCardano symbol
TRONTRON symbol

Disclaimer: Cryptocurrencies, including KuCoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KCS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the KuCoin or any other cryptocurrency discussed.

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