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KuCard, a new era of transactions and a revolution in crypto spending, is launched by KuCoin
The KuCard is a cryptocurrency debit card that combines digital assets with conventional banking, and it was introduced by Seychelles-based cryptocurrency exchange KuCoin. With the ability to make payments at any site that takes standard debit cards, the KuCard gives customers the freedom to spend their cryptocurrencies for daily expenses, shop online, and even take out cash from ATMs. With KuCard, you may spend and convert Bitcoin more easily and without having to deal with the hassles of complicated transactions or conversions that are usually involved with digital assets. At the point of sale, it immediately converts cryptocurrencies into local cash, guaranteeing that users always receive favorable exchange rates.
Prioritizing Safety
Advanced security features on KuCard put the security of digital assets first. Along with making it simple for consumers to monitor and manage their spending, real-time notifications and comprehensive transaction records also give them a piece of mind regarding the security of their digital assets. Furthermore, KuCard connects with Apple Pay and Google Pay with ease, allowing contactless smartphone payments. The security of transactions is improved by this integration in addition to offering an extra level of convenience.
The Implementation Strategy
KuCard will only be accessible to citizens of the European Economic Area (EEA) during the initial phase of the launch; a worldwide launch is planned. Users must pass identification verification using an accepted ID card issued by the EEA to be eligible. After their applications are accepted, users can begin using virtual KuCard for purchases right away, and physical KuCard can be ordered. Currently, USDT and EUR are supported by KuCard. It will let users utilize the cryptocurrency of their choosing in the future by supporting a large variety of cryptocurrencies.
A variety of cutting-edge benefits and services will be available with KuCard, such as a cashback program that lets users earn cryptocurrency for each transaction completed with the card. KuCoin is having a special Black Friday campaign with unlimited cashback and a USD 2250 incentive to commemorate the first phase of the launch.
According to company representatives, KuCard's release marks a critical turning point for both KuCoin and the cryptocurrency space overall. The crypto debit card, which is intended to be used as a daily payment option, is a key factor in hastening the mainstream acceptance of cryptocurrencies. They are thrilled to provide consumers with a smooth transition between digital assets and conventional banking, allowing them to easily spend their cryptocurrencies while making use of traditional debit card advantages.
What is Done by KuCoin?
KuCoin is a worldwide cryptocurrency exchange that was founded in September 2017 and is based in Seychelles. It is a user-friendly platform that prioritizes inclusivity and community action reach. It offers over 700 digital assets and presently serves 30 million users in more than 200 countries and regions with spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending.