KuCoin Launches Fiat Account to Enable USD Deposits and Cryptocurrency Purchases
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Crypto exchange KuCoin has just announced the launch of its fiat account, which allows users worldwide to deposit US dollars (USD) into KuCoin using credit or debit cards and buy major crypto assets, such as BTC, ETH, USDT, etc. The KuCoin fiat account will initially support USD.

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According to the press release shared with iHodl, Visa or Mastercard owners will be able to deposit USD directly into KuCoin before converting it into supported crypto assets via Fast Buy. KuCoin will support 50 more fiat currencies such as EUR, AUD, GBP and RUB in the near future.

Johnny LYU, CEO at KuCoin Global, said on the launch:

"As the ‘People’s exchange’, KuCoin continues to improve the experience for all classes of crypto investors by introducing advanced products with less complexity and lower fees. The KuCoin Fiat Account will help get more intenders on board, contributing to the mass adoption of crypto ahead."

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