KuCoin Introduces P2P Fiat Trading With Integration of Three New Payment Methods

[cryptodabbin]

KuCoin, a leading global cryptocurrency exchange by supported cryptocurrencies and users, announced the launch of KuCoin P2P Fiat Trade (former OTC Trading Desk) with the addition of PayPal, wire transfer and Interac e-Transfer in its payment method to provide users convenience at the best price.

The addition of these new payment methods follow KuCoin's philosophy as the ‘People’s Exchange’, promoting efficiency and ease of use for all users. Many new features and functionality have been added to the platform during the past few months. As a cryptocurrency exchange, KuCoin is keen to provide the best services and feature range for traders. A number of new features that will help to improve the trading process and make KuCoin more competitive in the cryptocurrency exchange market.

What is KuCoin P2P Fiat Trading?
When KuCoin P2P Fiat Trading opened its service for the USDT/CNY OTC service last October, many people used OTC (over-the-counter) trading to describe the service. But in fact, P2P (peer-to-peer) fiat trading is a more accurate term as trades are taking place between users and other users or merchants.

In a P2P fiat trade, the user can set up a trade with a preferred price, amount, and payment method to directly deal with the counterparty, exchanging the fiat asset offline and confirming the transaction online.

KuCoin P2P Fiat Trade is an information intermediary service platform that offers users digital assets and legal tender transaction services. It provides services for merchants to settle on the platform.

Should you try the KuCoin P2P Fiat Trading?
As a P2P trading platform, KuCoin provides an ad service for buyers and sellers to broadcast their offers. Meanwhile, KuCoin's secure and malleable trading design ensures the safety and timely delivery of digital assets. Within a year since its launch, KuCoin P2P Fiat Trading has processed over million in trades and integrated five currencies (Chinese yuan, Vietnamese dong, Canadian dollar, Indonesian rupiah, and United States dollar) for users to trade multiple cryptocurrencies.

As a specialized exchange with different positioning and target market, KuCoin Exchange is dedicated to providing safe, professional, trustworthy, and world-class services to its global users across 207 countries. Users can enjoy zero transaction fees from P2P trading and further fee discounts with their spot and futures trading based on their VIP level.   

One underrated aspect of KuCoin P2P Fiat Trade that other P2P platforms can’t easily replicate is that it is part of a wider KuCoin ecosystem of crypto products and services. Unlike other P2P platforms, where you may have to transfer to several wallets and platforms in order to use your crypto for other means, KuCoin P2P allows the crypto you buy to be sent directly to your KuCoin account. From there, your crypto can be used for multiple purposes on KuCoin, from trading across their spot, margin, and futures, to crypto financial services such as staking and more.

What is KuCoin P2P Fiat Trade Merchant Recruitment Program?
To serve better liquidity for users, the platform has launched the global P2P Fiat Trade Merchant Recruitment Program inviting merchants all over the globe to be a part of KuCoin and take advantage of the benefits offered. Merchants get 24-hour exclusive customer care service to help the settled merchants on the platform improve transaction efficiency. The merchants don’t have to pay the transaction fee on post-ads and there's 0 deposit requirements. Apart from this, there are many more benefits that are coming up.

This short guide explains how you can join the KuCoin P2P Fiat Trade Merchant


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