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Topic: Kucoin withdrawal blocked, support no service (Read 136 times)

hero member
Activity: 644
Merit: 661
- Jay -
The forum cannot directly help you access your money, all you can do is to escalate it where they have presence on social media they would want to avoid the bad publicity and handle the case more seriously.

Going forward, I will advise that you do not store significant amounts on an exchange wallet, except for trading purposes.

- Jay -
legendary
Activity: 1848
Merit: 1982
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On 19th Feb. 2024 my Kucoin account suddenly showed "withdrawals blocked"! Being a fully verified user since years,
I contacted support. They asked for an "Enhanced Customer Due Diligence Questionnaire" ECDDQ and a proof of residence. I provided the infos in the form and a phone bill for my residence.
Maybe this is the reason for the ban "Being a fully verified user since years" I mean maybe they need to get new documents with new dates, or maybe the account has been inactive for a long time.

In any case, these are insufficient excuses since you provided the new information according to the form. This is the problem with centralized exchanges, as your account can be banned at any time without clear reasons, and they are good at making up false excuses to cover up their failure.
legendary
Activity: 1722
Merit: 5937
This isn't an excuse, though. It is a shame for KuCoin to proudly claim they have 24/7 support and yet they can't resolve seemingly simple issues for many days. Not only are they most likely understaffed, what they probably have are also overworked, clueless, and underpaid outsourced workers from god knows which part of the globe.
That's bascially the case for all exchanges, even the top tier ones like Binance. And I don't think its only about being understuff/clueless, imho its more about not giving a fuck as they know that their users can't do much.

Once I had my Binance withdrawals blocked for weeks for no obvious reason and only after I contacted them via reddit, it got unlocked in a matter of 20-30 minutes.
legendary
Activity: 2576
Merit: 1860
An wrote 10 emails directly to kucoin support during the past 10 days.

10 emails for the past 10 days? Doesn't it seem too much and annoying already?

It appears to me as if Kucoin has grown too fast, so the support staff cannot serve their customers properly.

This isn't an excuse, though. It is a shame for KuCoin to proudly claim they have 24/7 support and yet they can't resolve seemingly simple issues for many days. Not only are they most likely understaffed, what they probably have are also overworked, clueless, and underpaid outsourced workers from god knows which part of the globe.

They've already responded to you so this might be a waiting game now.

Also, as far as I know, savings can't be considered source of asset.
jr. member
Activity: 34
Merit: 4
February 29, 2024, 04:22:56 PM
#9
@aylabadia05: The big exchange markets to my knowledge all require KYC. Only P2P markets like https://bisq.network or https://hodlhodl.com allow you to exchange coins and fiat without KYC. At these markets choose partners with good long time reputation.

It appears to me as if Kucoin has grown too fast, so the support staff cannot serve their customers properly.
hero member
Activity: 1540
Merit: 772
February 29, 2024, 04:09:10 PM
#8
I just wanted to register on Kucoin, but because it required KYC, I stopped continuing with the aim of giving my mind a chance to consider whether I wanted to continue or not. Why? because there are already two local exchanges that I have registered and actively use.

The coin to withdraw is Bitcoin and the amount is under 5000 USD.
If you have problems with withdrawals, it usually takes time to wait before everything is handled. If you have contacted their support, just be patient before there is another solution.
5,000 USD is a decent amount for me.
jr. member
Activity: 34
Merit: 4
February 29, 2024, 02:36:19 PM
#7
The withdrawal has not yet happened, because of blocking.

Kucoin support has no service!
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 29, 2024, 01:58:54 PM
#6
Sadly, if you have already sent them numerous times of follow up email for your concern, there is nothing we can do about it. You have to wait for an unknown period of time and there is no need for you to post that ticket number. The last post from their ann thread and representative was from October 2023. They are probably doing some investigation about your withdrawal and account but if you have already provided everything that they've been asking from you, they should give you a feedback on how it goes.
jr. member
Activity: 34
Merit: 4
February 29, 2024, 01:51:24 PM
#5
Yes, also posted on reddit r/kucoin.
An wrote 10 emails directly to kucoin support during the past 10 days.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
February 29, 2024, 01:48:42 PM
#4
Ticket number:

Sadly, kucoin's bitcointalk rep has been inactive and has only posted promotional post for the most part. Have you tried escalating this through their subreddit r/kucoin? whenever I visit, support agents are active there but be careful of fake support scams because they are pretty rampant.
jr. member
Activity: 34
Merit: 4
February 29, 2024, 01:31:27 PM
#3
The coin to withdraw is Bitcoin and the amount is under 5000 USD.
legendary
Activity: 2464
Merit: 3878
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February 29, 2024, 01:28:17 PM
#2
I wonder how much (total) amount you were going to withdraw. Was it a large amount?
Usually these guys takes a long time to solve things. You need to show your patience.
jr. member
Activity: 34
Merit: 4
February 29, 2024, 01:21:26 PM
#1
Kucoin is not able to serve its customers.

On 19th Feb. 2024 my Kucoin account suddenly showed "withdrawals blocked"! Being a fully verified user since years,
I contacted support. They asked for an "Enhanced Customer Due Diligence Questionnaire" ECDDQ and a proof of residence. I provided the infos in the form and a phone bill for my residence.

Since then 20th Feb. 2024 no answer, no service, no support. The account is still blocked at withdrawal.
The Kucoin account is not only useless, it takes me my money.
I declare the source of my assets is private savings for old age.

Kucoin support does not clear up my complaint.

Ticket number: 3610193
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