Crypto exchange Kucoin gets on the payments bandwagon with Kucard

Crypto Daily
Crypto Daily

21 Nov 2023 2:00 PM

For greater global adoption of crypto, payments need to be able to be made across traditional and crypto networks. Kucoin is providing this option with its new Kucard....

  • Kucoin has launched a new payments card called Kucard, which allows users to spend their cryptocurrency as if it were fiat currency.
  • The card offers instant conversion of crypto into the local currency, enabling seamless transactions.
  • Initially, the card will be available for customers in the European Economic Area (EEA), with a global launch planned.
  • Features of the card include cashback in cryptocurrency and a Black Friday promotion offering unlimited cashback and a $2,250 bonus.
  • The CEO of KuCoin sees the launch of Kucard as a significant milestone for both the company and the cryptocurrency industry, as it bridges the gap between digital assets and traditional banking.

The overall sentiment of the article is positive. It highlights the potential of Kucoin's Kucard in bridging the gap between traditional banking and the crypto sector, and emphasizes the benefits it offers to users in terms of seamless transactions and cashback rewards.

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You May Ask

What is Kucoin's new payments card called?Where will the card initially be available?What features does the Kucard offer?What is the CEO of KuCoin's perspective on the launch of Kucard?What is the purpose of the Kucard in relation to crypto adoption?

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