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KuCoin Introduces Fiat Account To Allow USD Deposit And Buy Cryptocurrency

November 2, 2021
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KuCoin Crypto Livewire Image 11.02.2021

November two, 2021 – Victoria, Seychelles


KuCoin, a foremost international cryptocurrency exchange, has announced the launch of a ‘KuCoin crypto account’, making it possible for international end users to entry US Dollar (USD) deposits to KuCoin applying credit score or debit and transfer important crypto assets such as BTC, ETH, USDT and much more.

The quick growth of the cryptocurrency sector is attracting much more and much more new entrants, although the very first obstacle they may well encounter is the transition from fiat to crypto.

To make a much more safe and a lot easier-to-use fiat channel at a reduced price, the fiat account characteristic was launched on KuCoin to complement present fiat-relevant solutions this kind of as P2P fiat trading and third-get together fiat rides like Simplex, Banxa, and BTC Direct.

Johnny Lyu, CEO of KuCoin Global, explained:

“As the ‘everyone’s exchange,’ KuCoin continues to increase the encounter for all lessons of crypto traders by introducing revolutionary merchandise with much less complexity and reduced expenditures. The KuCoin crypto account will enable entice much more interested individuals to join, contributing to the approaching mass adoption of cryptocurrencies. “

First, KuCoin fiat accounts help USD. Visa or Mastercard cardholders can deposit USD straight into KuCoin just before converting it into a supported crypto asset by means of ‘quick buy’. KuCoin will help 50 much more fiat currencies like EUR, AUD, GBP and RUB in the close to long term.

To celebrate this launch, KuCoin will run a campaign to reward end users. Daily, from 18:00 UTC November two, 2021 to 18:00 UTC November five, 2021, the very first a hundred end users who acquire USDT by KuCoin fiat accounts with Visa, Mastercard or Balance can be lowered 50% off their acquire.

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About KuCoin

Launched in September 2017, KuCoin is a international cryptocurrency exchange for more than 400 digital assets.

It presently presents spot trading, margin trading, P2P fiat trading, futures trading, staking and lending to eight million end users in 207 nations and areas all around the planet.

In 2018, KuCoin raised $twenty million in round A of capital from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is presently the fifth biggest cryptocurrency exchange. In 2021, Forbes named KuCoin a single of the greatest crypto exchanges for 2021. For much more details, pay a visit to right here.

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