Highlights
- KuCoin exchanged has introduced a new fiat wallet for USD transactions.
- The wallet will facilitate USD deposits using debit or credit card.
- The exchange launched a discount campaign to thank users for their support.
About KuCoin
The KuCoin Exchange is a Singapore-based cryptocurrency trading platform launched on September 15, 2017. In 2013, the following individuals co-founded the business: Marketing Director Jack Zhu; CEO Michael Gan; Operations and Maintenance Director Kent Li; Chief Legal Consultant Linda Lin; CEO John Lee; President of Business Operations John Lee; Chief Operating Officer Eric Don; CTO Top Lan.
When the KuCoin exchange went live in 2017 as a profit-sharing token, the KCS native token was created. The coin was launched as an ERC-20 token on the Ethereum network, and most Ethereum wallets were able to support it.
At 200 million tokens, a repurchase and burn strategy was in place until there were only 100 million KCS left. Soon afterward, a decentralized trading solution was launched for KuCoin, and the KuCoin community’s governance token, KCS, was the native asset of these services.
KCS was built into a killer product rather than just a token, as KuCoin had stated, and this was sure to broaden the range of advantages that KCS investors enjoy the benefits of. Ultimately, KCS is the pillar of the KuCoin ecosystem. This means that KCS serves as the fundamental fuel for any future KuCoin decentralized goods built on the DEX or the KuChain network.
KuCoin Latest Fiat Account for USD
KuCoin, a worldwide leading cryptocurrency exchange, announced the launch of KuCoin Fiat Account. The launch will provide global customers the opportunity to deposit US Dollar (USD) to KuCoin using a credit or debit credit and acquire key crypto assets, including BTC, ETH, USDT, etc.
By introducing the Fiat Account feature, KuCoin aims to enhance its current fiat services, including P2P Fiat Trade, Banxa, and BTC Direct, to provide a cost-effective, safe, and simple method of accepting fiat currency with reduced risk.
First, the KuCoin Fiat Account accepts the USD currency. Users can make deposits quickly and easily by using a Visa or Mastercard to deposit USD and then using Fast Buy to convert it into a crypto asset. KuCoin will support 50 other fiat currencies in the near future, including EUR, AUD, GBP, and RUB.
KuCoin launched a campaign to thank its users for their support. There was a 50% discount for the first 100 customers that purchased USDT via KuCoin Fiat Account using Visa, Mastercard, or Balance from 18:00 on November 2, 2021, to 18:00 on November 5, 2021
#KuCoin Introduces Fiat Account To Allow $USD Deposit and #Crypto Purchasehttps://t.co/MXqzLJB19A
— KuCoin (@kucoincom) November 4, 2021
KuCoin current market analysis
KuCoin Token is now trading at $18.30 with a 24-hour trading volume of $32,382,469. The KuCoin Token has fallen 5.23% in the past 24 hours.
