In this KuCoin review Australia 2025, we assess whether KuCoin is a viable option for Australian crypto traders and investors. With over 700 supported coins, advanced trading features, and competitive fees, KuCoin offers plenty—but is it a good fit for Aussies?
Quick Verdict – Is KuCoin Worth Using in Australia?
Yes—but not for beginners. KuCoin offers one of the most diverse crypto selections and lowest fees in the market, but limited AUD support and no local licensing may be a dealbreaker for some Australians. It’s best suited to intermediate and advanced traders comfortable with offshore platforms.
Is KuCoin Legal and Safe in Australia?
KuCoin is accessible from Australia, but not licensed by AUSTRAC. This means it’s not officially regulated in Australia, though many Aussies still use it without issue.
In terms of security, KuCoin employs:
- 2FA (Google or Microsoft Authenticator)
- Cold wallet storage for most funds
- Withdrawal protection and security audits
- Insurance fund in case of breaches
Important: Since KuCoin is registered in Seychelles and not AU-regulated, users should exercise extra caution and store large holdings in a private wallet.
AUD Deposits and Withdrawals on KuCoin
KuCoin does not support direct AUD bank transfers. However, Australians can still fund their accounts using:
Method | AUD Deposit | AUD Withdrawal |
---|---|---|
Crypto Transfer | ✅ Yes | ✅ Yes |
Debit/Credit Card | ✅ Via 3rd parties | ❌ No |
Bank Transfer (via P2P) | ✅ Peer-to-peer | ✅ P2P |
PayPal (via P2P) | ✅ Varies | ✅ Varies |
You’ll typically need to use the P2P marketplace or deposit crypto from another exchange (like CoinSpot or Binance AU) to get started.
KuCoin Australia Trading Fees (2025)
KuCoin remains one of the most cost-effective exchanges globally.
User Tier | Maker Fee | Taker Fee |
---|---|---|
Regular | 0.10% | 0.10% |
With KCS Discount | 0.08% | 0.08% |
VIP Levels | As low as 0.0125% | Varies |
- KCS holders can enjoy up to 20% fee discounts
- No deposit fees, but withdrawal fees depend on network congestion
Features for Australian Users
KuCoin is best known for its wide range of tools for serious traders:
Feature | Available? |
---|---|
Spot trading | ✅ Yes |
Margin trading | ✅ Yes |
Futures (Lite, Classic, Brawl) | ✅ Yes |
Staking | ✅ Yes |
Crypto lending | ✅ Yes |
Trading bots & copy trading | ✅ Yes |
Launchpad (Spotlight) | ✅ Yes |
Cloud mining | ✅ Yes |
NFT marketplace | ✅ Yes |
Verdict: While not beginner-focused, KuCoin provides a powerful all-in-one trading suite for experienced Aussies.
KuCoin App Experience in Australia
The KuCoin mobile app (iOS & Android) is feature-rich and responsive, with:
- Real-time charts and trading bots
- Margin and futures access
- Secure login options (2FA, biometrics)
- Built-in P2P access and staking
App Store rating (AU): 4.4★
Advanced features may overwhelm beginners, but power users will appreciate the control.
KuCoin vs Binance vs CoinSpot (AU Edition)
Feature | KuCoin | Binance | CoinSpot |
---|---|---|---|
AU Regulation | ❌ No | ✅ Yes | ✅ Yes |
AUD Bank Transfer | ❌ No (P2P only) | ✅ Yes | ✅ Yes |
Fees (Spot) | 0.10% (or lower) | 0.10% | 1.00% |
Coins Available | 700+ | 350+ | ~400 |
Staking/Lending | ✅ Yes | ✅ Yes | ✅ Limited |
Copy/Auto Trading | ✅ Yes | ✅ Limited | ❌ No |
Verdict: KuCoin offers the most depth, but Australians may prefer Binance or CoinSpot for local payment integration and peace of mind.
View our complete list of exchanges here with Coin Camp
Tax Compliance and the ATO
Since KuCoin is not AU-regulated, it doesn’t directly report to the ATO—but that doesn’t mean you’re off the hook.
- KuCoin allows CSV exports of transaction history
- Integrates with tax tools like Koinly and CryptoTaxCalculator
- Aussies must report:
- Capital gains/losses
- Staking/lending income
- Crypto-to-crypto swaps
Tip: Convert values to AUD manually or via tax tools.
Final Verdict – Is KuCoin Right for Aussies in 2025?
✅ Pros:
- Lowest fees in the industry
- 700+ coins and advanced features
- Auto trading bots, copy trading, and cloud mining
- Great for intermediate/advanced users
⚠️ Cons:
- Not AU-regulated
- No AUD bank transfer support
- Steep learning curve for beginners
Bottom Line: KuCoin is a powerful tool for experienced Australian traders who value features and low fees over local compliance. Use it in combination with an AU-regulated exchange for funding and withdrawals.
Frequently Asked Questions (FAQs)
Is KuCoin legal in Australia?
Yes, it’s legal to access and use KuCoin in Australia, but it is not AUSTRAC-registered or locally licensed.
Can I deposit AUD into KuCoin?
Not directly. You can use P2P, credit cards, or deposit crypto from another exchange.
Is KuCoin safe?
Yes, KuCoin uses 2FA, cold wallets, and security audits, plus has insurance coverage in the event of a breach.
Who should use KuCoin?
KuCoin is best for intermediate to advanced traders who want access to low fees, a wide range of altcoins, and powerful trading features.
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