common-close-0
BYDFi
Trade wherever you are!

Is KuCoin available for use in New York?

avatarMika-OliDec 24, 2021 · 3 years ago3 answers

Can residents of New York use KuCoin for trading cryptocurrencies?

Is KuCoin available for use in New York?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Unfortunately, KuCoin is not available for use in New York due to regulatory restrictions. New York has implemented strict regulations for cryptocurrency exchanges, and KuCoin has chosen not to operate in the state to comply with these regulations. However, there are other cryptocurrency exchanges that are available for use in New York, such as Coinbase and Gemini. These exchanges have obtained the necessary licenses to operate in the state and provide trading services to New York residents.
  • avatarDec 24, 2021 · 3 years ago
    No, KuCoin is not available for trading in New York. The New York State Department of Financial Services (NYDFS) requires cryptocurrency exchanges to obtain a BitLicense to operate in the state. KuCoin has not obtained this license, so it is not legally allowed to offer its services to residents of New York. If you are in New York and looking for a cryptocurrency exchange, you can consider using Coinbase or Gemini, which are both regulated and licensed to operate in the state.
  • avatarDec 24, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that KuCoin is not available for use in New York. The state has strict regulations for cryptocurrency exchanges, and KuCoin has chosen not to operate in New York to comply with these regulations. However, there are other reputable exchanges that are available for use in New York, such as Coinbase and Gemini. These exchanges have obtained the necessary licenses and are fully compliant with the regulations in the state. If you are a resident of New York, I recommend using one of these exchanges for your cryptocurrency trading needs.