The international trading platform for cryptocurrency KuCoin now offers euro trading for Bitcoin (BTC), Ether (ETH) andUSDT. This announcement is part of an expansion of the crypto exchange in Europe.
These new trading pairs are offered in the spot market (spot) from KuCoin. Platform users can easily convert their euros into cryptocurrencies.
It is indeed an expansion strategy we are talking about here: KuCoin is actually experiencing strong growth in the European market, a growth that the platform intends to accelerate.
But beyond this territorial expansion, KuCoin has understood the importance of lowering the barrier to buying cryptocurrencies through trading pairs in euros. This strategy allows beginners, but also anyone who wants to start building a portfolio, to use fiat money (FIAT) to build their first portfolio. The other crucial benefit of adding euro trading pairs is simply to provide a better fiat crypto trading experience with consistent liquidity while maintaining a very high level of security.
March 23, 2022, KuCoin launched SEPA credit transfers, which now allows its European users to finance their accounts much more easily, the richest can even deposit up to a million euros in a single transaction! Thanks to SEPA transfers, KuCoin customers can deposit euros into their crypto account via “Quick Buy”.
Johnny LyuCEO of KuCoin, commented on the news: “The new EUR spot (spot) trading pairs during the service fiat crypto launched by KuCoin represents another important step after the addition of the BRL (the Brazilian real, the currency of Brazil) a week ago. We hope that this will make the experience even better for our European users as well as for people who prefer to use the euro. It is very exciting to add two fiat currencies with spot trading pairs in such a short time. This also reflects KuCoin’s ability to implement its strategy very effectively this year. KuCoin is convinced that providing a secure and stable bridge connecting fiat currencies and cryptocurrencies will provide a better experience for cryptocurrencies, which is crucial for the mass adoption of cryptocurrencies. In the near future, KuCoin plans to support more fiat currency (FIAT) trading pairs in the spot market (spot market), with the aim of becoming the best platform to experience a world of fiat currency cryptocurrency for all users on the planet. “
It is thanks to these initiatives, which consist of making access to cryptocurrencies much simpler, that thousands of users are discovering cryptocurrencies every day. Europeans can now, thanks to KuCoin, take a launch pad into the cryptosphere that is as simple as it is secure.
KuCoin was launched in September 2017 and is an international platform cryptocurrency exchange whose operational headquarters are located in the Seychelles. As a user-focused platform focused on inclusion and reach for community action, it offers over 700 digital assets and currently offers spot trading, margin trading, P2P fiat trading, futures trading, betting and lending to its approximately 18 million users in 207 countries and regions.
In 2022, KuCoin raised over $ 150 million in investments in a pre-Series B round, bringing the total investment to $ 170 million, when combined with round A, to a total valuation of $ 10 billion. KuCoin is currently one of the 5 best cryptocurrency exchanges globally according to CoinMarketCap. Forbes also named KuCoin one of the best cryptocurrency platforms in 2021. In 2022, The Ascent named KuCoin the best cryptocurrency app for enthusiasts.
To find out more, visit KuCoin.
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