Fiat's support trend of many exchanges?
In the trend of expanding the ecosystem of exchanges, including services: Staking, lending, number of trading pairs, Private Blockchain, Coin exchanges, or trading products such as Spot Trading, Margin Trading, Futures Trading …
In addition, the exchanges are expanding the user ecosystem in many countries by supporting multiple Fiat.
| USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND, IDR, CAD, ZAR, NZD, HUF, ILS, PLN, SEK, CHF, CZK, DKK, NOK | |
| VND, RUB, CNY, GBP, KRW, AUD, CHF, CZK, DKK, NOK, NZD, PLN, SEK, TRY, ZAR, HUF, ILS | |
| USD, CNY, EUR, GBP, KRW, JPY, RUB, TRY, TWD, UAH, CAD, AUD, NZD, INR, SGD, NGN, KZT, COP, VND, THB, IDR, PHP, BRL, ARS, MXN, PLN, CHF, SEK, DKK, CZK, NOK | |
| CNY, USD, HKD, VND, MYR, TWD, KRW, RUB, AUD, CAD, SGD, GBP, EUR, PHP, INR, CHF, NGN, IDR, KHR, BRL, SAR, AED, TRY, NZD, MMK, ZAR, NOK, DKK, SEK, ARS, THB |
The support of various types of Fiat makes it easy to buy and sell directly on the exchange itself. In addition, users can compare prices between exchanges with each other to make a reasonable decision.
And now, you can buy and sell Bitcoin, Crypto and Fiat payment using forms such as OTC, Simplex, Banxa … on KuCoin.
The Fiat is being supported on KuCoin
On February 22, 2020, after a strategic cooperation with Banxa, KuCoin raised the number of Fiat support to 22 including: USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY , VND, IDR, CAD, ZAR, NZD, HUF, ILS, PLN, SEK, CHF, CZK, DKK, NOK.
As a result, Vietnamese users can easily use VND to buy and sell Crypto on the exchanges.
In February, KuCoin tried to make it easy for users to trade Crypto by adding 15 new Fiat.
It can be seen that Fiat growth and KuCoin's performance are the fastest in today's exchanges.
Number of Fiat Currency supported monthly on Kucoin
With support for many Fiat as currently, users around the world can access to all services such as Staking, lending, margin trading …
KuCoin's goal is to become the best major exchange in the world, which allows people to use the safest and most reputable financial services.
How to buy Bitcoin, Crypto in VND on KuCoin?
Many new brothers joining the Crypto market will be surprised when buying BTC and Crypto with OTC. Here, I will guide you to buy Crypto in VND or other Fiat.
The first step, you access your KuCoin account.
If you do not have a KuCoin account, please see the following article to create an account:
Useful articles for you: KuCoin: Guide to register and trade on KuCoin
Go to KuCoin OTC interface and select “Buy”.
Here I buy USDT in VND:
Enter the number of brothers you need to buy and select “Place order”.
In the command page interface, you confirm the total amount & payment method. And complete the payment within the deadline (15 minutes).
The order will be automatically canceled if you do not complete the payment and “Mark completed payment” within the specified time.
You should note that you click on “Mark completed payment” in time if you have completed the payment.
Next, you need to wait for the seller to transfer the coin / token to you.
After a few minutes, distributed coins / tokens will be transferred to your wallet.
If the seller has distributed the coin / token, the transaction is completed, please check if the coin / token is in your wallet!
If the seller has not transferred the coin / token within the specified system time, or during any transaction, you can contact the seller via the chat window on the order page.
So I have finished instructions on how to buy and sell Bitcoin, Crypto in VND on Kucoin.
summary
KuCoin is one of the largest Crypto exchanges today. With a diverse ecosystem and potential for development, KuCoin makes it easy for users to access Crypto and Blockchain.
Ecosystem includes:
- Spot Trading: Large number of coins and trading pairs, making it easy for users to hunt for potential coins but not listed on other major exchanges.
- Margin Trading: With leverage x10 for floor coins – KCS.
- KuMEX: Derivative trading with leverage up to x100.
- Soft Staking: Simple procedure, no coin confiscation, attractive profits.
- Lending: Helping users to earn profits passively and regularly.
- IEO: Potential projects are pumped when they are IEO on KuCoin.
- KuCoin Shares: Using KCS can reduce trading fees, receive KCS rewards from KuMEX.
Currently, KuCoin is still behind Binance, Huobi, OKEx in 24-hour trading volume. However, looking at the diverse and potential ecosystem, it is feasible to attract a large number of users in the future for KuCoin.
Most importantly, in the future, KuCoin will spend 10% of profits to buy KCS on the market and burn them. This will drastically reduce the supply of KCS in the market.
The number of people who use KCS to join staking, trading, lending, IEO or KuMEX will remain the same or increase, which will positively impact the value of KCS in the future.
You can learn more about KuCoin products through the article below:
Hopefully this article on KuCoin's OTC service can help you better understand KuCoin's service and the potential for future development of KCS token.
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