Cryptocurrency exchanges and trading platforms need to make digital assets accessible. Supporting extra payment methods can introduce many people to this growing industry. KuCoin, one of the leading trading platforms, has integrated Advcash and Capitual.
KuCoin Continues To Increase Its Footprint
As one of the leading crypto exchanges, KuCoin continues to expand its presence across multiple continents. Its recent focus lies in Eastern European and Latin American regions, where many users can benefit from more streamlined access to cryptocurrencies. Integrating PIX&TED payments for BRL deposits and withdrawals is a crucial step forward. Additionally, support for Advcash will let users explore a new way to deposit and withdraw assets.
The partnership with Advcash and Capitual – provider of PIX&TED – confirms the need for more convenient digital asset buying options. Expanding support for local currencies can entice more people to explore the dozens of cryptocurrencies found on the KuCoin platform. Advcash caters to the growing Eastern European customer base of KuCoin, although it is also viable for residents in Asia Minor. Capitual will primarily benefit the Brazilian market.
One crucial benefit of integrating Capitual is how KuCoin users pay zero fees for PIX&TED when depositing BRL. Additionally, the integration introduces instant payments, top-notch security, and higher deposit upper limits of up to 1 million BRL per transaction. The Capitual team works with local Brazilian banks supporting PIX instant transfers and TED regular transfers. PIX is a solution designed by the Brazilian central bank to ensure smooth transfers and payments between e-wallets.
The KuCoin team has completed the testing of integrating Advcash and Capitual. Initial reports indicate everything is smooth and stable. A testing phase is paramount for KuCoin, as the company prides itself on offering a high degree of convenience for all users. The conversion between local currencies and cryptocurrencies forms an essential aspect of that user-oriented approach.
Advcash Serves Many Markets
Whereas the Capitual integration focuses on Brazil, Advcash is a powerful weapon for KuCoin across different geographic regions. The payment system supports UAH, USD, EUR, GBP, RUB, and BRL currencies. It will primarily be used to accommodate the needs of Eastern European customers, but can also benefit users in the UK, US, and Asia Minor.
An Advcash product manager adds:
“Advcash is catering to KuCoin users by providing them with a high level of service and convenience when it comes to a variety of European currencies.”
Users can quickly transfer money in multiple currencies to all countries through Advcash. Like Capitual, it has a zero-fee structure, 24/7 support, and an upper limit of 1 million in the selected currency per deposit. Furthermore, Advcash introduces broader convenience and security through a mandatory KYC2 procedure.