Which Cryptocurrency Exchange to pick (KuCoin, ByBit, Binance, and Kraken)

Choosing the right cryptocurrency exchange often depends on which countries the exchange supports. In this article, we’ll explore the geographical availability of KuCoin, ByBit, Binance, and Kraken, providing a comprehensive overview of where each exchange can be accessed and the regions where they are restricted.

| Continent         | KuCoin                             | ByBit                                                                      | Binance                                                                                     | Kraken                                                                                              |
|-------------------|------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------|
| 🌍 Africa         | 🇿🇦                                | 🇬🇭🇳🇬 (restricted in several countries, including Ghana and Nigeria)       | 🇳🇬 🇿🇦                                                                                      | 🇨🇫🇪🇷🇬🇼🇲🇱🇳🇦🇸🇴🇸🇸🇸🇩🇿🇼 (restricted)                                                              |
| 🌎 America        | 🇦🇷🇧🇷🇨🇱🇨🇴🇲🇽🇵🇪 (not available in the US, Ontario (CA)) | 🇦🇷🇧🇷🇨🇱🇨🇴🇲🇽🇵🇪 (not available in the US, restricted in many countries) | 🇦🇷 🇧🇷 🇨🇱 🇨🇴 🇲🇽 🇵🇪                                                                            | 🇨🇦 🇺🇸 (restricted)                                                                                   |
| 🌏 Asia & Pacific | 🇦🇺🇮🇩🇯🇵🇰🇷🇳🇿🇵🇰🇵🇭🇹🇼🇻🇳🇮🇳🇰🇿🇲🇳 (not available in mainland China, Hong Kong, Singapore, Thailand, Malaysia, Uzbekistan) | 🇦🇺🇮🇩🇯🇵🇰🇷🇳🇿🇵🇰🇵🇭🇹🇼🇻🇳🇮🇳🇰🇿🇲🇳 (restricted in China, Iran, North Korea, and several others) | 🇦🇫 🇦🇱 🇩🇿 🇦🇴 🇦🇮 🇦🇬 🇦🇷 🇦🇲 🇦🇺 🇦🇹 🇦🇿 🇧🇸 🇧🇭 🇧🇧 🇧🇾 🇧🇪 🇧🇿 🇧🇯 🇧🇲 🇧🇹 🇧🇴 🇧🇦 🇧🇼 🇧🇷 🇧🇳 🇧🇬 🇧🇫 🇨🇻 🇰🇭 🇨🇲 🇨🇦 🇰🇾 🇹🇩 🇨🇱 🇨🇴 🇨🇬 🇨🇷 🇨🇮 🇭🇷 🇨🇾 🇨🇿 🇩🇰 🇩🇲 🇩🇴 🇪🇨 🇪🇬 🇸🇻 🇪🇪 🇪🇸 🇫🇯 🇫🇮 🇫🇷 🇬🇦 🇬🇲 🇬🇪 🇩🇪 🇬🇭 🇬🇷 🇬🇩 🇬🇹 🇬🇼 🇬🇾 🇭🇳 🇭🇰 🇭🇺 🇮🇸 🇮🇩 🇮🇶 🇮🇪 🇮🇱 🇮🇹 🇯🇲 🇯🇵 🇯🇴 🇰🇿 🇰🇪 🇰🇷 🇽🇰 🇰🇼 🇰🇬 🇱🇦 🇱🇻 🇱🇧 🇱🇷 🇱🇾 🇱🇹 🇱🇺 🇲🇴 🇲🇬 🇲🇼 🇲🇻 🇲🇱 🇲🇹 🇲🇷 🇲🇺 🇲🇽 🇫🇲 🇲🇩 🇲🇳 🇲🇪 🇲🇸 🇲🇦 🇲🇿 🇳🇦 🇳🇷 🇳🇵 🇳🇿 🇳🇮 🇳🇪 🇳🇬 🇳🇴 🇴🇲 🇵🇰 🇵🇼 🇵🇦 🇵🇬 🇵🇾 🇵🇪 🇵🇭 🇵🇱 🇵🇹 🇶🇦 🇲🇰 🇷🇴 🇷🇺 🇷🇼 🇰🇳 🇱🇨 🇻🇨 🇸🇹 🇸🇦 🇸🇳 🇷🇸 🇸🇨 🇸🇱 🇸🇬 🇸🇰 🇸🇮 🇸🇧 🇿🇦 🇪🇸 🇱🇰 🇸🇷 🇸🇪 🇨🇭 🇹🇼 🇹🇯 🇹🇿 🇹🇭 🇹🇴 🇹🇹 🇹🇳 🇹🇷 🇹🇲 🇹🇨 🇺🇬 🇺🇦 🇬🇧 🇺🇾 🇺🇿 🇻🇺 🇻🇪 🇻🇳 🇧🇻 🇾🇪 🇿🇲 🇿🇼 | 🇱🇧 🇲🇲 🇵🇰 🇾🇪                                                                                    |
| 🌍 Europe         | 🇧🇬 🇨🇿 🇪🇺 🇫🇷 🇬🇷 🇭🇺 🇮🇹 🇱🇻 🇵🇱 🇵🇹 🇷🇴 🇷🇺 🇸🇰 🇸🇮 🇪🇸 🇨🇭 🇹🇷 🇺🇦                         | 🇧🇬 🇨🇿 🇪🇺 🇫🇷 🇬🇷 🇭🇺 🇮🇹 🇱🇻 🇵🇱 🇵🇹 🇷🇴 🇷🇺 🇸🇰 🇸🇮 🇪🇸 🇨🇭 🇹🇷 🇺🇦                         | 🇧🇬 🇨🇿 🇪🇺 🇫🇷 🇬🇷 🇭🇺 🇮🇹 🇱🇻 🇵🇱 🇵🇹 🇷🇴 🇷🇺 🇸🇰 🇸🇮 🇪🇸 🇨🇭 🇹🇷 🇺🇦                         | (🇧🇪 🇮🇪 🇮🇹 🇳🇱 🇪🇸 🇺🇦 🇬🇧)                                                                                |
| 🌍 Middle East    | 🇮🇱 🇸🇦 🇦🇪 🇪🇬                         | (🇱🇧 🇾🇪)

Exchange Details

KuCoin

• Supported Countries: KuCoin is available in most countries, except the US, mainland China, Hong Kong, Singapore, Thailand, Malaysia, Uzbekistan, and Ontario (Canada). Users in the US often use a VPN to access the platform.

• Regions with Restrictions:

  • Africa: Not available in South Africa and Zimbabwe.

  • America: Not available in the US and Ontario (Canada).

  • Asia & Pacific: Not available in mainland China, Hong Kong, Singapore, Thailand, Malaysia, Uzbekistan.

  • Europe: Available with some restrictions in specific regions.

  • Middle East: Not specified.

ByBit

• Supported Countries: ByBit is not available in the US due to strict cryptocurrency trading regulations. It also restricts users from several other countries.

• Restricted Countries:

  • Africa: Restricted in several countries, including Ghana and Nigeria.

  • America: Not available in the US, restricted in many countries.

  • Asia & Pacific: Restricted in China, Iran, North Korea, Lebanon, Myanmar, Pakistan, Yemen.

  • Europe: Restricted in several countries.

  • Middle East: Restricted in Lebanon and Yemen.

Binance

• Supported Countries: Binance operates in more than 180 countries.

• Regions with Support:

  • Africa: 🇳🇬 Nigeria, 🇿🇦 South Africa.

  • America: 🇦🇷 Argentina, 🇧🇷 Brazil, 🇨🇱 Chile, 🇨🇴 Colombia, 🇲🇽 Mexico, 🇵🇪 Peru.

  • Asia & Pacific: Supported in many countries, including Afghanistan, Australia, Cambodia, India, Indonesia, Japan, Kazakhstan, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Taiwan, Vietnam.

  • Europe: Supported in many countries, including Bulgaria, Czech Republic, France, Greece, Hungary, Italy, Latvia, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Switzerland, Turkey, Ukraine.

  • Middle East: Egypt, Israel, Saudi Arabia, United Arab Emirates.

Kraken

• Supported Countries: Kraken is available in various countries, with some restrictions.

• Regions with Restrictions:

  • Africa: Central African Republic, Eritrea, Guinea-Bissau, Mali, Namibia, Somalia, South Sudan, Sudan, Zimbabwe.

  • Asia: Lebanon, Myanmar, Pakistan, Yemen.

  • Europe: Belgium, Ireland, Italy, Netherlands, Spain, Ukraine, United Kingdom.

  • North America: Canada, United States.

  • Oceania: Australia.

  • South America: Venezuela.

  • Prohibited Regions: Afghanistan, Belarus, Cuba, Democratic Republic of the Congo (Kinshasa), Iran, Iraq, Japan, Libya, North Korea, Russia, Sudan, South Sudan, Syria.

Conclusion

Understanding the geographical availability of cryptocurrency exchanges is crucial for users looking to trade digital assets. KuCoin, ByBit, Binance, and Kraken each have their own set of supported and restricted countries. This guide should help you determine which exchange is accessible in your region and make a more informed choice for your trading needs.