On March 27, the KuCoin cryptocurrency exchange announced about supporting Visa and MasterCard credit cards to buy assets on the platform. Working with new payment systems has become available thanks to the collaboration with the Simplex development team.
KuCoin Exchange, which was established only in the summer of 2017, has already managed to loudly declare itself and attract traders. Recently, the exchanger introduced the IEO tokensale program on a subsidiary platform, and again announced support for payment systems such as MasterCard and Visa.
Interesting in the section: Potential and Outlook of KuCoin
Visa and MasterCard credit cards on the KuCoin exchange
On March 27th, KuCoin received news about supporting credit cards for buying cryptocurrencies. Recall that the first attempts to introduce loan payments were last year, but due to technical problems KuCoin stopped providing such services.
Representatives of the exchange said that now the KuCoin crypto-assets can be purchased using MasterCard and Visa payments. The support of the new payments will be provided by the Simplex Israeli crypto-startup, which in the past has already collaborated with KuCoin.
"We are pleased to announce that KuCoin is working with Simplex to enable users to buy cryptocurrencies using Visa and MasterCard credit cards." – KuCoin.
Interesting in the section: Features of fiat money
Verified users of the exchange can pay debit or credit funds for the purchase of cryptocurrency. The required option has been added to the "Assets" section.
Now, the service supports five crypto, among them: Bitcoin (BTC), Litecoin (LTC), Ripple (XRP), Ethereum (ETH) and Bitcoin Cash (BCHABC). The cooperation campaign extends to more than one hundred countries of the world and two fiat currencies (US dollars and euros).
The KuCoin crypto-exchange now supports the MasterCard and Visa payment systems. Recall that we have already written about the details of the KuCoin Spotlight first tokensale, which took place on March 24th.
Editor: Jerg Wos