KuCoin is the most advanced cryptocurrency exchange platform which provides its users with a chain of financial services. Their wide range of user-centric services includes the fiat to the crypto transaction, crypto to the crypto transaction, borrowing, token exchange, etc. In the recent update of their system, they have enabled the P2P fiat trade that allows users to easily change their local currency into cryptocurrency.
The KuCoin was thrilled to announce that “the Indian users can now transact using cryptocurrency by the KuCoin with their newly launched P2P fiat trade for the INR market.” This step will enrich the available applications and payment methods, which will provide users with more convenient and secure deposit services. Users of the KuCoin can now easily access and purchase cryptocurrency through the Indian rupees along with other currencies. To access these services, users need to visit the Buy crypto with a credit card page in KuCoin; they are required to select the simplex platform and then set the payment currency to Indian rupees.
With the global acceleration and expansion, KuCoin introduces three fiat channels; Simplex, OTC Trading Desk, and Banxa. Moreover, this will appear to reduce the global threshold for the users who are new and are trying to enter into the cryptocurrency market for a while now. The global CEO of KuCoin, in a statement, said that
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