KuCoin

KuCoin is a centralized crypto exchange that combines spot trading, conversion and peer-to-peer deals with a separate credit service for larger clients. The official site lists P2P, OTC, Spot and Convert / Swap products, and customer funds sit in a custodial exchange account.

Trading and conversion The platform supports crypto-to-crypto exchange and fiat-to-crypto flows. Assets named in the profile include BTC, ETH, USDT and XRP. A P2P service is confirmed, so users can trade directly with each other inside the exchange environment.

Institutional and VIP lending KuCoin runs a dedicated digital-asset credit line for institutions and VIP clients. The listed services are Institutional and VIP Loans, collateral aggregation across several accounts, and a VIP lending API. The loan amount, LTV, rate and term are agreed individually with the VIP desk; the company advertises borrowing leverage of up to 5x and a maximum loan of USD 20m, subject to approval. It states that there is no transaction fee, interest is calculated daily and deducted monthly, and late payment during the grace period is charged at three times the normal interest. Funds usually arrive in the KuCoin Trading Account right after approval.

Verification The official guide requires identity verification and document checks for users, so onboarding should be planned with the current terms of the operator in mind.