Kucoin
Welcome to the Kucoin onboarding guide! Kucoin is a global cryptocurrency exchange where you can buy, sell, and transfer BSV Blockchain tokens. This guide will walk you through every step—from creating your account to withdrawing BSV to your own wallet.
🌟 What is Kucoin?
Kucoin is a popular crypto exchange known for its wide range of coins, user-friendly interface, and strong security. With Kucoin, you can:
Buy BSV using USDT (Tether)
Trade BSV on the spot market
Withdraw BSV to your personal wallet
📝 Step-by-Step: Get BSV on Kucoin
1️⃣ Create Your Kucoin Account
Go to Kucoin Sign Up and register for a new account.
2️⃣ Complete KYC (Identity Verification)
After registration, you’ll need to verify your identity to unlock trading and withdrawals.
Go to Identity Verification in your profile.
Follow the steps: add MFA (mobile device), verify your email, and upload your ID document.
Tip: KYC is required for most exchanges to comply with regulations and enable deposits/withdrawals.
3️⃣ Deposit Funds
Once verified, log in and click Deposit to add funds to your Kucoin account.
You can deposit:
Cryptocurrency (e.g., USDT, BTC)
Fiat money (e.g., EUR, USD)
Choose your preferred method, deposit the amount you want to use for buying BSV, and proceed.
4️⃣ Buy BSV on the Spot Market
4.1 Transfer USDT to Trading Account
Kucoin uses the Spot Market for buying BSV. Spot trading means buying or selling crypto at the current market price.
First, transfer your deposited funds to your Trading Account (Kucoin Trading Account).
It’s recommended to use USDT (Tether), as BSV is traded against USDT (BSV/USDT pair).
Why USDT? The BSV/USDT pair means you exchange USDT for BSV. For example, if 1 BSV = 10 USDT, buying 0.1 BSV costs 1 USDT.
4.2 Exchange USDT for BSV
Go to Kucoin BSV/USDT Spot Market.
Make sure you select BSV/USDT as the trading pair.
On the right, select Spot, then Buy, and choose Market (to buy at the current price).
Enter the amount of USDT you want to spend.
Click BUY to complete your purchase.
Example: If you want to buy 0.5 BSV and the price is 10 USDT per BSV, you’ll need 5 USDT.
4.3 Check Your BSV Balance
Return to your Trading Account to see your BSV balance.
5️⃣ Withdraw BSV to Your Wallet
To transfer BSV to your personal wallet:
Go to your Trading Account and click Withdraw.
Select BSV as the coin.
Enter your BSV wallet address (double-check for accuracy!).
Important: Always verify your wallet address before withdrawing. Sending to the wrong address may result in loss of funds.
🎯 Conclusion & Next Steps
Kucoin is a powerful exchange for buying and managing BSV, but it requires KYC and spot trading. While it’s a bit more complex than some payment ramps, it offers flexibility and security for larger purchases.
Coming Soon: A dedicated tutorial for withdrawing BSV directly to BSV Desktop, including how to generate your wallet address.
🔗 Useful Links
Create your wallet: 👉 BSV Desktop Guide
Get BSV: 👉 Get BSV Guide
Send/Receive Payments: 👉 Pay & Get Paid Guide
Withdraw to BSV Desktop: 👉 How to transfer BSV to BSV Desktop
If you have questions or need help, reach out to the BSV Blockchain Association community. Enjoy your BSV Blockchain journey with Kucoin!
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