KuCoin Supports Deposit and Withdrawal (USDT & USDC) on Algorand

KuCoin Supports Deposit and Withdrawal (USDT & USDC) on Algorand

By Travel BR | Algorand Brazil | 10 Feb 2021


 

Huge news from Algorand and KuCoin boys!

 

To continue offering the most cost-effective transaction methods for users, KuCoin now supports deposits and withdrawals for Tether (USDT) and USD Coin (USDC) on Algorand.

Users can now deposit and withdraw USDT-ASA and USDC-ASA on KuCoin using the Algorand transport protocol.

 

How to transfer USDT/USDC by Algorand Blockchain?

Go to Deposits/Withdraw>USDT/USDC and choose Algorand mainnet to complete your USDT and USDC transactions.

2R1GWzysjtAocL2pl6qchUtjr6ocdDgGmIuGv3k77.png

 

How Tether is using Algorand

Using Algorand's network, USDT can be transacted at over 1,000 transactions per second in a scalable, secure, and decentralized way. With Algorand’s simplified asset creation, instant financial exchange, and immediate transaction finality, Tether is leveraging technology at the forefront of open financial innovation.

How Circle is using Algorand

Algorand will be the first blockchain with a stablecoin implementation based on that framework that is Powered by USDC. This will allow people to easily move funds between traditional banks and card networks to digital dollars on the Algorand blockchain. Algorand is helping Circle and USDC create a foundation for developing a wide range of scalable, secure and compliant financial applications. Algorand also brings unparalleled speed with low transaction fees needed to power Stablecoins.

 

Algorand (ALGO) Innovation Rewards

To celebrate the stablecoins USDT-ASA and USDC-ASA launching on Algorand, Pool-X will cooperate with the Algorand (ALGO) project to launch a series of New Year campaigns as gifts!

 

Activity 1: USDT & USDC Flexible Staking

campanha USDC USDT

Activity 2: USDT & USDC Fixed Staking

Pool-X will be launching the 21-day USDT and USDC Fixed Staking products at 10:00:00 on February 19, 2021 (UTC), with an APR of 16%! Please stay tuned!

Activity 3: 5,000,000 ALGO Trial Funds Being Given Away

Timeline for Trial Fund campaign (UTC):

USDT USDC Coin campaign

 

Stay Tunned!

 

 

CREATE ACCOUNT ON KUCOIN EXCHANGE

How do you rate this article?


6

0

Travel BR
Travel BR

I am affiliated with Hotel Urbano, website with offers and promotions for travel packages to Brazil and the world. Come and meet us, if you need help please https://sites.google.com/view/travelbrz/ https://geographia.com.br


Algorand Brazil
Algorand Brazil

🦜 Blog mantido pelos embaixadores da comunidade Algorand Brasil. Divulgação de notícias e publicação de artigos sobre Algorand Inc e Algorand Foundation. 🇧🇷🏝 🇧🇷🏝Blog maintained by the ambassadors of the Algorand Brasil community. News dissemination and publication of articles about Algorand Inc and Algorand Foundation. 🦜

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.