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Author Topic: Do you believe that kucoin exchange is legit and not a scam?  (Read 2225 times)
islakevin (OP)
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August 11, 2018, 02:31:55 AM
 #1

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?

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pattley
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August 11, 2018, 03:08:58 AM
 #2

I have run a bunch of Bitcoin through Kucoin with no issues.  I do not believe it is a scam.  The only complaint I have is the thin volume at times. 
masterrex
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August 11, 2018, 03:20:01 AM
 #3

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?

This issue is dead already Kucoin already clarified it since February according to its official statements the are moving kucoin office in Singapore from Hongkong since the Singaporean government is more friendly on Blockchain base Industry rather than HK government the man posting this Issue is paid troll and No credibility at all so stop spreading FuD about Kucoin its not worthy at all. Im a Kucoin user and i believe in there Credibility.
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August 11, 2018, 03:25:55 AM
Last edit: August 11, 2018, 03:47:21 AM by benhill
 #4

This is a cryptocurrency exchange based in Hong Kong. It was launched on September 15, 2017 and it operates on a crypto-to-crypto basis.  Its digital assets portfolio is pretty extensive and besides, the platform uses Kucoin Shares in a similar way to Binance. All the exchange i did in there plaform was successful, i believe it is not a scam.
To aviod doubt,Kucoin is registered in Hong Kong, which is legally different from mainland China and is not part of the FUD going around about China cracking down on exchanges. Mainland Chinese authorities cannot arrest individuals in Hong Kong, for example.
Here is proof:
Go to: https://www.icris.cr.gov.hk/csci/cns_basic_comp.do
Select "Non-Registered User," and agree to terms. Search for "Kucoin" and you will see their Hong Kong business registration. That is the official Hong Kong government site telling you this.
For your convenience, here is a screenshot of exactly what you will see: https://imgur.com/a/xSFXH
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August 11, 2018, 03:35:30 AM
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Any Exchange will be safe and secure without fail. Of course, should choose the Exchange has large transaction volumes and the good reviews from the community!
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August 11, 2018, 03:37:09 AM
 #6

hey friend, KuCoin is an exchange registered in Hong Kong,
You can see the documents they uploaded to ensure their existence
I myself am also a user of KuCoin since 2017, so in my opinion, the existence of KuCoin does not pose a threat to me
actually the exchanger that I think is not good is Yobit,

https://www.reddit.com/r/kucoin/comments/7qx3ap/kucoin_is_registered_in_hong_kong_not_mainland/

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August 11, 2018, 03:39:07 AM
 #7

Yes, for me kucoin exchange is legit. Scam is only rumor. Above we know that the reason about moving kucoin office in Singapore. masterrex, has explained it with a detail clarification. I think the question has got the answer.  
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August 11, 2018, 04:32:06 AM
 #8

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?

As long as the exchange is paying, we could not justify that it is a scam, whether it has a physical office or not, the main thing is that they are doing their obligation to the customers and users, thats the most important thing, an office may just be visible to the eyes but a lot of business where it has an office, but it goes scam. So as long as the obligation is met anyway, then it is legit, so far, i dont see any reason to be tagged them as a scam exchange.
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August 11, 2018, 05:59:46 AM
 #9

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?

As long as the exchange is paying, we could not justify that it is a scam, whether it has a physical office or not, the main thing is that they are doing their obligation to the customers and users, thats the most important thing, an office may just be visible to the eyes but a lot of business where it has an office, but it goes scam. So as long as the obligation is met anyway, then it is legit, so far, i dont see any reason to be tagged them as a scam exchange.

Scam? What's the reason of this? We all know that kucoin exchange are legit because that exchange are paying and honestly I really don't see an any problem with it. Kucoin is one of the trusted exchange and i believe it's credible.
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August 11, 2018, 06:01:41 AM
 #10

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?

This issue is dead already Kucoin already clarified it since February according to its official statements the are moving kucoin office in Singapore from Hongkong since the Singaporean government is more friendly on Blockchain base Industry rather than HK government the man posting this Issue is paid troll and No credibility at all so stop spreading FuD about Kucoin its not worthy at all. Im a Kucoin user and i believe in there Credibility.
Thanks for clarifying the issue. I am using Kucoin and never had any problems so far!
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August 11, 2018, 06:05:30 AM
 #11

It's registered and legit, I've seen it already been covered in the news and they actually already had the regulators looking at them. So in terms of them being legal and having a real business, they are real. You can research them online and see yourself, if you don't believe,

This doesn't mean anything about whether or not their business is honest or transparent or whatever of course. Kind of like any business. They can still be bad or good, whether or not they have a license. It's just about the law. So don't take this as a recommendation.

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Meraki
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August 11, 2018, 06:06:51 AM
 #12

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?

Stop spreading FUD in KuCoin because it is useless, kucoin is now considered legit and trusted here in the community since there are alot of active trader there also the volume there is much better compared to other exchange sites. Im a kucoin user for a long time and i dont still have problem with it.
Andruha1993
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August 11, 2018, 09:08:35 AM
 #13

I do not think so. Kucoin is a very good stock exchange. I constantly sell my coins there. There have never been problems with this stock exchange. I do not think the Kucoin Exchange is a scam.
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August 11, 2018, 09:27:04 AM
 #14

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?
I have not seen a lot of bad reviews about this exchange. As for me, this is a very good project that has succeeded in a short time. As for me, the only disadvantage I find is the inadequate level of account protection, but many exchanges suffer the same. Of course, I can be wrong.
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August 11, 2018, 09:54:00 AM
 #15

I periodically trading at the exchange Kucoin, I have not had any problems with the withdrawal or the introduction of funds on the exchange.I do not think that Kucoin fraud, on the contrary, the exchange every day I like it more and more.
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August 11, 2018, 11:30:17 AM
 #16

To be honest, I just heard the Kucoin exchanger. Is this a new exchanger? So far, I only use Indodax and Luno with good credibility. I do not dare to make transactions in other exchanges besides these two exchanges.
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August 11, 2018, 02:21:02 PM
 #17

Until now I run Bitcoin through Kucoin too. but there is no problem at all even there is no Scam. and this news shocked me greatly. because I'm still a Kucoin user. because what I hear and read on the news that this problem has been overcome. Kucoin has made it clear since February according to its official statement which moved the office of koinin in Singapore from Hong Kong because the Singapore government is more friendly to the Blockchain Block Industry than the Hong Kong government.
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August 11, 2018, 02:24:09 PM
 #18

Didn't they registered already in hongkong? If i remember correctly there's document that you can view in their site to prove that and so far i have no problem using kucoin to trade some token. They also have a good token with good business model than most of the coin in crypto right now.

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August 11, 2018, 02:26:50 PM
 #19

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?
I also have heard the news regarding about kucoin exchange, I am a fan of kucoin since the first time they launched it, I used it most of the time. but I dont have any troubles that encounter since then. but after this issues have been spread to the community, I dont really know if it is still legit or not.

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August 11, 2018, 02:31:08 PM
 #20

There is a issue that kucoin exchange office in hongkong is not real they said that it is very shady because they said that it has a office and it is not even registered even before. I am doubting kucoin exchange already. What do you think ?
Before I read the news. I have no doubt about kucoin. It is a good exchange that can compete with binance. But today I read it and a little bit worried. Because their office is not real. It's just in the papers. Maybe kucoin will scam at any time

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