Now in Kucoin you have the option to buy cryptocurrencies using the Euro as Fiat currency, something only available in the big exchanges that offer a variety of ways to buy cryptocurrencies either with credit cards, dollars, deposits, few give the possibility to buy in euros, kucoin always in the forefront of the big exchanges, put at our disposal this option of the possibility to buy cryptocurrencies using the Euro as Fiat currency, and this is through the SEPA system. Method that we will describe in this content
- Kucoin cryptocurrency exchange located among the top 5 exchanges worldwide and the second in operating with more cryptocurrencies, was founded in 2017, initially based only in Hong Kong, currently has presence in more than 17 countries around the world, South and Central America, Arab Emirates, India, Europe and Asian countries, which is why it supports more than 51 fiat currencies, this year included as a payment method to buy cryptocurrencies the Euro currency using the Sepa payment method, In this cryptocurrency exchange platform you can find more than 617 cryptocurrencies and operate with more than 1156 pairs, high volume of capital which gives it a great liquidity, its commissions are low compared to other exchanges, KuCoin offers one of the lowest commissions in the market, starting with a modest 0.1 percentage of commissions and does not charge commission for deposit, for many reasons it is among the 5 best and most reliable cryptocurrency exchange. Its interface is very user-friendly and anyone can join without much effort.
- In its platform you have the functionalities available in the major exchanges, trading with the necessary tools, lending, staking, configuring boots and maintains commissions to operate among the lowest, recently the prestigious Forbes magazine ranked it as one of the leading cryptocurrency exchange 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.
Its KCS token has maintained this year a continuous growth, we observe data taken from Coingecko, that gives us a reason to invest or keep this cryptocurrency and even more when in Kucoin you get a bonus for keeping KCS.
As we can see there are many reasons to select Kucoin as our primary exchange, of course to operate with Kucoin you must have a registered account, if you still do not have it here I leave my referral link so you can register very easily
With your registration you will generally have certain benefits and bonuses.
I consider it appropriate to see how easy it is to operate on the Kucoin platform, from the moment you enter the main page.
There are 5 accounts, the main account from which you can make deposits and withdrawals, the other is the trading account from which you can trade cryptocurrencies.
If you choose to make a deposit, you can do so with Fiat money or cryptocurrency.
Cryptocurrency deposits are very easy, just select the cryptocurrency and the network.
To move from one account to another, it could be to the main account, market, margin or futures.
Once you are in the trading account, you can trade, indicate the cryptocurrency and the pair
Once you have selected the pair, you only have to indicate the amount either to buy or sell, if you want the instant transaction indicate market
What is sepa?
In Europe was formed a community composed of 28 countries that initially integrated it, in order to facilitate trade between the countries that make it up, was adopted as currency the Euro and one of the economic policies adopted was to have a single zone of payments in euros in order to have a payment standard to facilitate payments between countries, this area and payment method was 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, payment in euros, for the purchase of cryptocurrencies, using Sepa as a means of payment, with the great advantage that you do not pay commission for its use, in addition to how fast, safe and reliable is its use in the platform. I take this opportunity to recommend that you should have your Kucoin account verified, it is a very simple process to verify your identity.
How to use the Kucoin platform, is very simple. If you have an account in any European country and you want to buy cryptocurrencies in Kucoin we will describe how to do it.
How to use sepa in Kucoin
You must select buy coins and there third parties to enter the screen to buy cryptocurrencies.
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 Kucoin supports 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.
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 kucoin platform, its use is extremely easy and intuitive, giving the added value that you can also make withdrawals in euros.
And this is functionally operational since January 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