The password for Kucoin trading is a six-digit number that was chosen when you set up your account. To withdraw and trade cryptocurrency, use this.
How to Reset the Trading Password?
A brand-new security feature on platform 2.0 is the trading password for KuCoin. It is a different six-digit password from the Google 2FA code and is used for crucial tasks like trading, withdrawing money, and creating APIs.
You can reset your KuCoin trading password by following the detailed instructions in this article.
Step 1: Enter the “Security Settings-Transaction Password” page, and click “Throw away Trading Password.”
Step 2: complete security verification
Step 3. Complete identity verification (Be assured that this is not KYC verification, and we will not divulge your information).
Note:
- In order for your application to successfully reset your trading password, please upload a photo of yourself along with your identification documents and a note that is handwritten and has the words “Dynamic code,” “Today’s Date,” and “Signature.”
Can I Turn Kucoin Trading Password Off?
No, Kucoin mandates that the trading password be activated at all times to protect their users’ security. This provides an additional layer of security for all users because phishing attacks and other sophisticated hacks have significantly increased.
Please be careful not to store your Kucoin trading password anywhere online, including Google Drive or other online file storage services.
The Best Way to Set a New Trading Password Or Reset An Old One
Unfazed if you can’t recall setting up your KuCoin trading password. It’s quick and simple to set a trading password. Here are the steps:
Go to Account Security Settings
1. Open your KuCoin account and log in. The circle to the top right of your name, the first two letters, should be clicked. On the drop-down menu, select Account Security.
Set Or Change Your Trading Password
2. On the account security page, scroll down to the trading password entry. The fifth item down the page is where it belongs. Select set next to the trading password on the right side. If your trading password is already set, but you can’t recall it, the button will say change. In either case, click set or change.
Verify With Email (and 2FA If Applicable)
3. A code from your email will be requested by KuCoin. You must contact KuCoin Customer Support if you can no longer access that email account. Hit Send Code, check your email and copy/paste the code into the box. Select Next. A pop-up warning about the trading password will be displayed by KuCoin. Select Okay, I understand.
Enter a New Trading Password and Confirm
4. Under Trading Password and Confirm Trading Password, enter a six-digit numerical code that you’re likely to remember. Make sure to record it in writing as well. Select Confirm.
If You Forgot Your Trading Password
Unfortunately, it takes longer to reset a forgotten trading password. Select forgot trading password and follow the steps for pictures of your The verification process for a forgotten password can take up to 24 hours.
Hold Up for 24 Hours
5. The trading and transactions on your account will be suspended for 24 hours by KuCoin if you are changing your trading password from an outdated one. Spend a little time doing something else besides crypto!
Keep It Handy
The trading password is now in your possession. If you want to confirm trades with KuCoin, such as when you’re shorting cryptocurrencies on KuCoin futures, you should either keep the numbers in mind or keep them nearby.
Is Kucoin Safe?
Since 2017, Kucoin has operated as a cryptocurrency exchange. They are concerned about security and have taken a number of steps to guarantee the security of their users. Additionally, Kucoin uses two-factor authentication for all accounts and necessitates the creation of a trading password by users as an additional measure of security when conducting transactions on the platform.
A system to detect any unusual activity has also been put in place. Kucoin is one of the most secure exchanges currently available because of these security precautions.
Final Thoughts
It only takes a few minutes to reset your Kucoin trading password. Ensure that two-factor authentication is also enabled if you want to make your account more secure.
In order to protect your assets, never store your trading password online or divulge it to anyone else. You can feel secure knowing that your Kucoin account is safe with these tips.
