Buy cryptocurrencies and pay in Euros with Sepa

By Eliza_coraspe | Kucoin_eli | 16 Apr 2022


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Content

- About Kucoin

- About Kucoin

- Sepa Payment

- Conclusions about Kucoin

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Users within the Kucoin platform can acquire cryptocurrencies in several ways, without intermediaries paying directly with their funds such as using credit cards, but also through third parties using various payment methods, with this they can use various fiat currencies, kucoin always taking a step forward, put at our disposal the possibility of buying cryptocurrencies using the Euro as fiat currency, and this is through the SEPA system.

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Kucoin was founded in 2017, currently has offices in more than 18 countries around the world with presence in South and Central America, Arab Emirates, India, Europe and Asian countries, that is why it supports more than 51 fiat currencies, in this cryptocurrency exchange platform you can find more than 600 cryptocurrencies and operate with more than 1170 pairs, A great liquidity, located in the top 5of the best and most reliable cryptocurrency exchanges, Its interface is very friendly and anyone can be incorporated without much effort.

In its platform you have all the available functionalities of the big exchanges, trading with the necessary tools, lending, staking, configuring boots and maintains commissions to operate among the lowest. Last year the prestigious Forbes magazine ranked it as one of the main cryptocurrency exchanges and many call it "the exchange of people".

Earlier this year the company that evaluates financial products called The Ascent awarded it as the best cryptocurrency application.

Buying cryptocurrencies in KuCoin is very easy, once you have your account click on buy cryptocurrencies at the top of the page,

To buy cryptocurrencies, go to where it says buy crypto and we will have three options: quick purchase, P2P operations, between users, and purchases using third parties or intermediaries.

In the quick purchase we can use Visa or MasterCard cards, when buying use a stable currency such as USDT or another currency that is linked to the value of the dollar, to have sufficient funds when obtaining other cryptocurrencies. Here you must have your account verified.

 

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https://www.kucoin.com/es/express

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The platform uses high security encryption much safer, works very well, is easy to navigate, has one of the best commission programs for centralized exchanges, the site is much more complete than other exchanges, are attracting many users.

The kucoin platform is very easy to use, when you create your account, you must verify your account by placing your ID, your profile picture to be able to operate in the vast majority of functions, on the platform, but you can use the platform even without verifying it, you can make deposits, use spot trading, margin trading, but if you verify it you will have many more benefits, for example; per day you can withdraw 1bitcoin, higher limits on leverage and negotiations.

In the market part, is where are all the currency pairs that exist on the platform, for example the currency pairs that you can acquire using bitcoin, but if you want to acquire cryptocurrencies using a stable currency you can use the USDT currency and then use the currency you want.

In Trading, you have three options, the Spot market which is the common market, where we can buy and sell cryptocurrencies, the margin market which is quite similar to the spot market in its operation with the difference that here positions are opened with leverage and then there is the trading bot, which is a program that allows us to automate the buying and selling to make trading automatically.

The spot market is the most important. In the upper left part we have the currency pair to be traded at this moment, by default bitcoin appears against USDT, below we have the price chart, which we can adjust to our needs, using the time scales you want and we also have some technical analysis tools.  On the right side we have the order book that shows the depth of the market and the current price formation, all this is useful when you want to do short term trading.

The lower part is the order box, is where we will make our purchases or sales.

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If you don't have a Kucoin account yet, here is my referral link for you to sign up easily.

https://www.kucoin.com/ucenter/signup?rcode=rPPVTNQ

Kucoin usually has promotions or rewards for new users.

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What is it Sepa?

In Europe there is a community composed of 28 countries with the purpose of facilitating trade between the countries that comprise it, the Euro was adopted as currency and one of the economic policies adopted was to have a single payment area in euros, in order to have a payment standard to facilitate payments between countries in the European area, and means of payment called Sepa, now you can have the benefit of paying with the sepa system wherever you are, the important thing is to have an account in any bank in any country belonging to the European community.

Kucoin with many facilities for the purchase of cryptocurrencies, includes a means of payment in euros, using as a means of payment Sepa, with something very important to highlight that you do not pay commission for its use, fast, safe and reliable that is its use on the platform. To use it you must have your Kucoin account verified, which is nothing more than a very simple process to verify your identity.

If you have an account in any European country and you want to buy cryptocurrencies in Kucoin we will describe you how to do it.

How to use the sepa in Kucoin

You must select buy coins and there third parties to enter the screen to buy cryptocurrencies.

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You only have to indicate as currency Euros, as payment method Sepa, I recommend for its simplicity to use banxa payment channel, the payment channel is like a payment gateway in which supports Kucoin to consolidate the transaction, it only remains to indicate the amount of euros to invest and the cryptocurrency you want to buy, so simple is the process.

https://www.kucoin.com/assets/payments?spm=kcWeb.B1assets.Header2.3

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How easy it is to make payments using the payment method sepa, with the following advantages: Zero commission, make purchases up to 1 million euros in a single transaction, backed by the security of the platform kucoin, its use extremely easy and intuitive, giving the added value that you can also make withdrawals in euros.

And this is functionally operational since January of this year, so Kucoin continues to take steps forward and that is why it is solidly positioned among the top 3 cryptocurrency exchanges.

To further expand your knowledge on the subject I recommend these links that I leave below

 

https://www.kucoin.com/blog/kucoin-integrates-sepa-for-simpler-fiat-on-ramp-services

https://www.youtube.com/watch?v=-VS995gyWW8&t=43s

 

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Eliza_coraspe
Eliza_coraspe

Business administrator, expert in cryptocurrencies and blockchain technologies.


Kucoin_eli
Kucoin_eli

Kucoin in the top 3

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