KuCoin introduces direct USD deposits from debit and credit cards

Global cryptocurrency exchange KuCoin has launched a new KuCoin Fiat option. This feature allows usersmake deposits in dollars around the worlddirectly from debit and credit cards. This allows users to more conveniently purchase cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), USDT, and many more.

The crypto industry is growing rapidly under pressuregrowing global demand, while facing many challenges. One of the main hurdles to overcome is the ability to convert fiat money into cryptocurrency.

In this regard, a convenient secure fiatchannel with low transaction fees. Thus, the debuted Fiat Account feature on KuCoin will complement existing fiat-related offerings such as P2P fiat trading.

As a “people's exchange”, KuCoin continues to improve service for all classes of crypto investors by introducing simple and advanced products with lower fees.

 

The KuCoin Fiat feature will help attract more investors by driving the massive adoption of cryptocurrency, '' said KuCoin Global CEO Johnny Liu.

KuCoin Fiat will support dollars firstUSA. This will allow Mastercard or Visa holders to deposit dollars directly into KuCoin, eliminating the step of converting their funds into any supported crypto assets using Fast Buy. In the future, KuCoin plans to integrate 50 more fiat currencies, including Australian dollars, euros, rubles and pounds sterling.

To celebrate this event, KuCoin will hostpromotion from 6:00 pm on November 2 to 6:00 pm on November 5, 2021 (UTC). During this period, the first 100 users who buy USDT through KuCoin Fiat using Mastercard, Visa or Balance will receive a 50% discount on their purchase.

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