KuCoin
Centralized exchange- Spot fee
- 0.1%
- Coins with a halal verdict
- 3
- of those listed here
- Available in
- 13 of 20
- countries we track
- Checked
- Sep 27, 2026
Reliability
5.6/ 10
Score updated
- Proof of reserves8.0
- Licences5.0
- Incident history4.0
- Segregation of funds4.0
- Insurance fund4.0
- Security practices8.0
Liberandum halal verdict
Suitable with care
KuCoin offers spot trading with immediate settlement and publishes monthly proof of reserves, but its global entity is largely unlicensed and pleaded guilty in the US in January 2025 to operating an unlicensed money transmitting business. It has no Shariah-certified product and no coin screening, so use spot only, avoid its many leveraged and Earn products, and keep balances small.
Use
- Spot trading, coin by coin
Avoid
- Margin, futures, leverage
- Earn and yield products
More details
Spot purchases on KuCoin settle immediately, which meets the requirement of immediate exchange (qabd) under AAOIFI Shariah Standard 1 and Standard 20. Margin, Futures, leveraged tokens, and copy trading or trading bots built on derivatives involve interest-bearing borrowing or deferred settlement and should be avoided. Earn products that pay a fixed or promised yield on deposited coins or stablecoins are structured like interest-bearing loans (riba) and are not reviewed by a Shariah board. KuCoin has no Islamic account and no Shariah-certified product, and its listing review is not a Shariah screen, so each coin must be checked on Liberandum before buying. Reliability is moderate (5.6/10). Strengths: monthly Merkle-tree proof of reserves verified by Hacken (snapshot 31 August 2026: BTC 107 %, ETH 117 %, USDT 111 %, USDC 123 %), SOC 2 Type II (April 2025) and ISO 27001:2022. Weaknesses: on 27 January 2025 Peken Global Limited, the operator of KuCoin, pleaded guilty in the Southern District of New York to operating an unlicensed money transmitting business and agreed to pay about USD 297 million; in March 2026 a CFTC order (USD 500,000 penalty) barred it from serving US users unless it registers as a foreign board of trade. Canada's FINTRAC imposed a C$19.6 million penalty (announced September 2025, under appeal) and the Ontario regulator fined and banned it in 2022. These were AML and registration failures, not misuse of client funds. A 2020 hot-wallet hack of more than USD 280 million was covered by KuCoin's insurance fund, with a large part recovered. Licensed activity is limited to local entities: KuCoin EU (MiCA, Austria, November 2025), AUSTRAC registration in Australia (November 2025), FIU-IND registration in India (2024) and a reported Thai SEC licence for KuCoin Thailand. Availability: the global platform excludes the US, Malaysia, Kazakhstan, Uzbekistan, Singapore, mainland China and Hong Kong, France, the Netherlands and parts of Canada. Most Gulf, North African and South Asian countries are served without a local licence.
How to use KuCoin the halal way
What is allowed and what to avoid on this exchange
- Allowed
Spot
Settles immediately in Spot market
- Allowed
Convert
Instant swap, settles like spot
- With care
Staking
No Shariah-certified staking
- Avoid
Savings and Earn
Earn yield treated as riba
- Avoid
Margin
Trading with borrowed money
- Avoid
Futures and options
Futures, leveraged tokens, bots
- Avoid
Loans
Borrowing on interest
- Avoid
Structured products
Fixed return, not certified
No dedicated halal product
KuCoin offers no Islamic (swap-free) account and no Shariah-certified earn or staking product as of September 2026. Its Earn products are not reviewed by a Shariah board.
No token screening
KuCoin does not screen listed coins for Shariah compliance. It lists a very large catalogue of tokens, including many speculative and gambling-related assets, so each coin must be checked separately.
Step by step
How to trade halal on KuCoin
Create an account and pass verification
Sign up on kucoin.com or in the KuCoin app and complete identity verification (ID and selfie). Turn on Google 2FA, the trading password and an anti-phishing code in Account Security. EEA users are onboarded by KuCoin EU.
Fund the account without using Earn
Deposit coins to your Funding account or buy through Buy Crypto. Do not move idle balances into Earn or other products that promise a yield on deposits; that yield is treated as riba.
Check each coin on Liberandum first
KuCoin lists a very large catalogue and does not screen coins for Shariah compliance. Confirm the coin's halal status on Liberandum before buying.
Trade only on the Spot market
Transfer funds to the Trading account and buy under Trade > Spot with a market or limit order, which settles immediately. Do not use Margin, Futures, leveraged tokens, or copy trading and trading bots that use derivatives.
Keep balances small and withdraw to self-custody
Given the operator's 2025 US guilty plea and limited licensing, do not store savings on KuCoin. Withdraw purchased coins to a wallet you control and check the network fee before confirming.
Availability
Where KuCoin serves users and under which licence
Your country:Choose your country
- BHBahrain
- BDBangladesh
- EGEgypt
- EUEuropean Union
- IDIndonesia
- JOJordan
- KZKazakhstan
- KWKuwait
- MYMalaysia
- MAMorocco
- NGNigeria
- OMOman
- PKPakistan
- QAQatar
- SASaudi Arabia
- TRTürkiye
- AEUnited Arab Emirates
- GBUnited Kingdom
- USUnited States
- UZUzbekistan
- AFAfghanistanno data
- AXÅland Islandsno data
- ALAlbaniano data
- DZAlgeriano data
- ASAmerican Samoano data
- ADAndorrano data
- AOAngolano data
- AIAnguillano data
- AQAntarcticano data
- AGAntigua & Barbudano data
- ARArgentinano data
- AMArmeniano data
- AWArubano data
- AUAustraliano data
- ATAustriano data
- AZAzerbaijanno data
- BSBahamasno data
- BBBarbadosno data
- BYBelarusno data
- BEBelgiumno data
- BZBelizeno data
- BJBeninno data
- BMBermudano data
- BTBhutanno data
- BOBoliviano data
- BABosnia & Herzegovinano data
- BWBotswanano data
- BVBouvet Islandno data
- BRBrazilno data
- IOBritish Indian Ocean Territoryno data
- VGBritish Virgin Islandsno data
- BNBruneino data
- BGBulgariano data
- BFBurkina Fasono data
- BIBurundino data
- KHCambodiano data
- CMCameroonno data
- CACanadano data
- CVCape Verdeno data
- BQCaribbean Netherlandsno data
- KYCayman Islandsno data
- CFCentral African Republicno data
- TDChadno data
- CLChileno data
- CNChinano data
- CXChristmas Islandno data
- CCCocos (Keeling) Islandsno data
- COColombiano data
- KMComorosno data
- CGCongo - Brazzavilleno data
- CDCongo - Kinshasano data
- CKCook Islandsno data
- CRCosta Ricano data
- CICôte d’Ivoireno data
- HRCroatiano data
- CUCubano data
- CWCuraçaono data
- CYCyprusno data
- CZCzechiano data
- DKDenmarkno data
- DJDjiboutino data
- DMDominicano data
- DODominican Republicno data
- ECEcuadorno data
- SVEl Salvadorno data
- GQEquatorial Guineano data
- EREritreano data
- EEEstoniano data
- SZEswatinino data
- ETEthiopiano data
- FKFalkland Islands (Islas Malvinas)no data
- FOFaroe Islandsno data
- FJFijino data
- FIFinlandno data
- FRFranceno data
- GFFrench Guianano data
- PFFrench Polynesiano data
- TFFrench Southern Territoriesno data
- GAGabonno data
- GMGambiano data
- GEGeorgiano data
- DEGermanyno data
- GHGhanano data
- GIGibraltarno data
- GRGreeceno data
- GLGreenlandno data
- GDGrenadano data
- GPGuadeloupeno data
- GUGuamno data
- GTGuatemalano data
- GGGuernseyno data
- GNGuineano data
- GWGuinea-Bissauno data
- GYGuyanano data
- HTHaitino data
- HMHeard & McDonald Islandsno data
- HNHondurasno data
- HKHong Kongno data
- HUHungaryno data
- ISIcelandno data
- INIndiano data
- IRIranno data
- IQIraqno data
- IEIrelandno data
- IMIsle of Manno data
- ILIsraelno data
- ITItalyno data
- JMJamaicano data
- JPJapanno data
- JEJerseyno data
- KEKenyano data
- KIKiribatino data
- KGKyrgyzstanno data
- LALaosno data
- LVLatviano data
- LBLebanonno data
- LSLesothono data
- LRLiberiano data
- LYLibyano data
- LILiechtensteinno data
- LTLithuaniano data
- LULuxembourgno data
- MOMacaono data
- MGMadagascarno data
- MWMalawino data
- MVMaldivesno data
- MLMalino data
- MTMaltano data
- MHMarshall Islandsno data
- MQMartiniqueno data
- MRMauritaniano data
- MUMauritiusno data
- YTMayotteno data
- MXMexicono data
- FMMicronesiano data
- MDMoldovano data
- MCMonacono data
- MNMongoliano data
- MEMontenegrono data
- MSMontserratno data
- MZMozambiqueno data
- MMMyanmar (Burma)no data
- NANamibiano data
- NRNauruno data
- NPNepalno data
- NLNetherlandsno data
- NCNew Caledoniano data
- NZNew Zealandno data
- NINicaraguano data
- NENigerno data
- NUNiueno data
- NFNorfolk Islandno data
- KPNorth Koreano data
- MKNorth Macedoniano data
- MPNorthern Mariana Islandsno data
- NONorwayno data
- PWPalauno data
- PSPalestineno data
- PAPanamano data
- PGPapua New Guineano data
- PYParaguayno data
- PEPeruno data
- PHPhilippinesno data
- PNPitcairn Islandsno data
- PLPolandno data
- PTPortugalno data
- PRPuerto Ricono data
- RERéunionno data
- RORomaniano data
- RURussiano data
- RWRwandano data
- WSSamoano data
- SMSan Marinono data
- STSão Tomé & Príncipeno data
- SNSenegalno data
- RSSerbiano data
- SCSeychellesno data
- SLSierra Leoneno data
- SGSingaporeno data
- SXSint Maartenno data
- SKSlovakiano data
- SISloveniano data
- SBSolomon Islandsno data
- SOSomaliano data
- ZASouth Africano data
- GSSouth Georgia & South Sandwich Islandsno data
- KRSouth Koreano data
- SSSouth Sudanno data
- ESSpainno data
- LKSri Lankano data
- BLSt. Barthélemyno data
- SHSt. Helenano data
- KNSt. Kitts & Nevisno data
- LCSt. Luciano data
- MFSt. Martinno data
- PMSt. Pierre & Miquelonno data
- VCSt. Vincent & Grenadinesno data
- SDSudanno data
- SRSurinameno data
- SJSvalbard & Jan Mayenno data
- SESwedenno data
- CHSwitzerlandno data
- SYSyriano data
- TWTaiwanno data
- TJTajikistanno data
- TZTanzaniano data
- THThailandno data
- TLTimor-Lesteno data
- TGTogono data
- TKTokelauno data
- TOTongano data
- TTTrinidad & Tobagono data
- TNTunisiano data
- TMTurkmenistanno data
- TCTurks & Caicos Islandsno data
- TVTuvaluno data
- UMU.S. Outlying Islandsno data
- VIU.S. Virgin Islandsno data
- UGUgandano data
- UAUkraineno data
- UYUruguayno data
- VUVanuatuno data
- VAVatican Cityno data
- VEVenezuelano data
- VNVietnamno data
- WFWallis & Futunano data
- EHWestern Saharano data
- YEYemenno data
- ZMZambiano data
- ZWZimbabweno data
- Country not found
Choose your country to see availability
Available in United Arab Emirates
- Licence
- No local licence found; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Saudi Arabia
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Qatar
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Kuwait
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Bahrain
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Oman
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Jordan
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Egypt
- Licence
- No local licence; served by the global platform. Local rules on crypto use should be checked.
- KYC
- Full KYC (ID + selfie) required before trading
Available in Morocco
- Licence
- No local licence; served by the global platform. Local rules on crypto use should be checked.
- KYC
- Full KYC (ID + selfie) required before trading
Restricted in Türkiye
- Licence
- KuCoin TR applied to the Capital Markets Board (SPK) for a crypto-asset service provider licence in August 2025; grant of the licence not confirmed
- KYC
- Full KYC (ID + selfie) required before trading
Available in Indonesia
- Licence
- No local licence found; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Not available in Malaysia
- Licence
- Malaysia is a Restricted Location in KuCoin's Terms of Use
- KYC
- Not applicable
Available in Pakistan
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Available in Bangladesh
- Licence
- No local licence; served by the global platform. Local rules on crypto use should be checked.
- KYC
- Full KYC (ID + selfie) required before trading
Not available in Kazakhstan
- Licence
- Kazakhstan is a Restricted Location in KuCoin's Terms of Use
- KYC
- Not applicable
Not available in Uzbekistan
- Licence
- Uzbekistan is a Restricted Location in KuCoin's Terms of Use
- KYC
- Not applicable
Available in Nigeria
- Licence
- No local licence; served by the global platform
- KYC
- Full KYC (ID + selfie) required before trading
Restricted in United Kingdom
- Licence
- No FCA registration found; the UK is not a Restricted Location, but use by UK residents is not covered by a local licence.
- KYC
- Full KYC (ID + selfie) required before trading
Not available in United States
- Licence
- US is a Restricted Location; KuCoin exited the US under the January 2025 DOJ plea and a March 2026 CFTC order bars US access
- KYC
- Not applicable
Restricted in European Union
- Licence
- KuCoin EU Exchange GmbH, MiCA CASP authorised by the Austrian FMA (November 2025), for 29 EEA countries excluding Malta; France and the Netherlands are Restricted Locations for the global platform
- KYC
- Full KYC (ID + selfie) required before trading
- AEUnited Arab EmiratesAvailable
No local licence found; served by the global platform
- SASaudi ArabiaAvailable
No local licence; served by the global platform
- QAQatarAvailable
No local licence; served by the global platform
- KWKuwaitAvailable
No local licence; served by the global platform
- BHBahrainAvailable
No local licence; served by the global platform
- OMOmanAvailable
No local licence; served by the global platform
- JOJordanAvailable
No local licence; served by the global platform
- EGEgyptAvailable
No local licence; served by the global platform. Local rules on crypto use should be checked.
- MAMoroccoAvailable
No local licence; served by the global platform. Local rules on crypto use should be checked.
- TRTürkiyeRestricted
KuCoin TR applied to the Capital Markets Board (SPK) for a crypto-asset service provider licence in August 2025; grant of the licence not confirmed
- IDIndonesiaAvailable
No local licence found; served by the global platform
- MYMalaysiaUnavailable
Malaysia is a Restricted Location in KuCoin's Terms of Use
- PKPakistanAvailable
No local licence; served by the global platform
- BDBangladeshAvailable
No local licence; served by the global platform. Local rules on crypto use should be checked.
- KZKazakhstanUnavailable
Kazakhstan is a Restricted Location in KuCoin's Terms of Use
- UZUzbekistanUnavailable
Uzbekistan is a Restricted Location in KuCoin's Terms of Use
- NGNigeriaAvailable
No local licence; served by the global platform
- GBUnited KingdomRestricted
No FCA registration found; the UK is not a Restricted Location, but use by UK residents is not covered by a local licence.
- USUnited StatesUnavailable
US is a Restricted Location; KuCoin exited the US under the January 2025 DOJ plea and a March 2026 CFTC order bars US access
- EUEuropean UnionRestricted
KuCoin EU Exchange GmbH, MiCA CASP authorised by the Austrian FMA (November 2025), for 29 EEA countries excluding Malta; France and the Netherlands are Restricted Locations for the global platform
Presence by country
- AEUnited Arab EmiratesServed by the global platform; no VARA or ADGM licence foundAvailable
- SASaudi ArabiaServed by the global platform without a local licenceAvailable
- QAQatarServed by the global platform without a local licenceAvailable
- KWKuwaitServed by the global platform without a local licenceAvailable
- BHBahrainServed by the global platform without a local licenceAvailable
- OMOmanServed by the global platform without a local licenceAvailable
- JOJordanServed by the global platform without a local licenceAvailable
- EGEgyptServed by the global platform without a local licenceAvailable
Show 9 more
- MAMoroccoServed by the global platform without a local licenceAvailable
- TRTürkiyeKuCoin TR applied to the SPK for a CASP licence in August 2025; licence grant not confirmedRestricted
- IDIndonesiaServed by the global platform; no local licence foundAvailable
- MYMalaysiaRestricted Location in KuCoin's Terms of UseUnavailable
- PKPakistanServed by the global platform without a local licenceAvailable
- BDBangladeshServed by the global platform without a local licenceAvailable
- KZKazakhstanRestricted Location in KuCoin's Terms of UseUnavailable
- UZUzbekistanRestricted Location in KuCoin's Terms of UseUnavailable
- NGNigeriaServed by the global platform without a local licenceAvailable
Reliability in detail
Overall 5.6 of 10
Proof of reserves
8.0Monthly Merkle-tree proof of reserves with user self-verification, verified by Hacken (a security firm, not an accounting firm). 32 consecutive monthly reports by July 2025. Snapshot 31 August 2026: BTC 107 %, ETH 117 %, USDT 111 %, USDC 123 %.
Licences
5.0Local entities only: KuCoin EU (MiCA CASP, Austrian FMA, November 2025), AUSTRAC registration in Australia (November 2025), FIU-IND registration in India (May 2024) and KuCoin Thailand (Thai SEC licence, 2025, reported by secondary media). The global operator Peken Global Limited holds no major licence.
Incident history
4.0US guilty plea on 27 January 2025 for unlicensed money transmission and AML failures (about USD 297 million); CFTC order March 2026 (USD 500,000); FINTRAC penalty C$19.6 million (September 2025, under appeal); Ontario fine and ban (2022). 2020 hot-wallet hack of over USD 280 million covered by the insurance fund. No misuse of client funds found.
Segregation of funds
4.0Proof of reserves shows 1:1 backing of in-scope assets, and KuCoin EU is subject to MiCA custody rules. For the global platform, no audit or legal structure confirming segregation of client assets was found.
Insurance fund
4.0KuCoin used an insurance fund to cover the 2020 hack, but no current size, addresses or rules of a user-protection fund were found in primary sources as of September 2026.
Security practices
8.0SOC 2 Type II, ISO/IEC 27001:2022, ISO 27701, ISO 22301, ISO 42001 and CCSS Level 3 (September 2026). Most assets reported to be held in multi-signature cold wallets (third-party review); 2FA, trading password, anti-phishing code and API IP whitelists. Hot-wallet breach in 2020.
Fees
Spot trading, deposits and withdrawals
Spot trading
0.1% maker · 0.1% taker
LV0, Class A pairs; Class B and C pairs cost more. Paying fees in KCS gives a 20 % discount (0.08 %). VIP tiers lower fees further.
Deposits
Crypto deposits are free apart from network costs. Fiat purchases through Buy Crypto and third-party providers carry provider fees; these were not confirmed for individual countries.
Withdrawals
Crypto withdrawal fees are set per coin and network and shown before confirming.
Halal coins you can buy on KuCoin
Coins with a halal verdict listed on this exchange
Similar exchanges
Other large exchanges from our coverage
