KuCoin, a leading global cryptocurrency trading platform, announced on Thursday, September 22nd, that it has partnered with Legend Trading, a leading fiat-to-crypto payment gateway.
According to its press release, the integration with Legend Trading will bring a smooth fiat on-ramp payment experience with zero fees and allows customers to buy and sell cryptocurrencies with bank transfers via USD, EUR, AUD, JPY, and more.
KuCoin said Legend Trading is a leading crypto trading firm that offers a comprehensive fiat-to-crypto gateway for crypto exchanges, wallets, banks, and NFT platforms to integrate and enable their customers to buy and sell crypto with bank transfers and credit/debit cards.
The platform supports seven different fiat currencies, such as USD, EUR, GBP, AUD, CAD, CHF, and JPY, for fast-transfer services. Legend Trading is trusted by 700+ institutional clients and has over $10 billion annual trading volume.
While commenting on this latest development, Johnny Lyu, Chief Executive Officer at KuCoin, said;
“Fiat on-ramps are the gateway for crypto newcomers. To allow new users to buy crypto with ease, KuCoin currently supports 50+ fiat currencies and over 70 payment methods, such as VISA, PayPal, Mastercard, and more. Partnering with Legend Trading will provide even more trading options to our crypto community and enable KuCoin to expand its accessibility globally.”
KuCoin said it is committed to lowering the threshold for users to enter the crypto world and providing better fiat-to-crypto transaction services. The crypto exchange added that by integrating Legend Trading payments, its institutional-grade trading service allows access to the most competitive fiat-to-crypto pricing, zero fees, deep liquidity, and the ability to make bigger bank transfers, which will bring great convenience to fiat users seeking to purchase cryptos.
Curis Wang, Chief Operation Officer at Legend Trading, added that;
“Legend Trading is glad to partner with KuCoin, one of the most innovative exchanges in the world, and we’re excited to help bolster its services to clients. Our company has been very successful in providing OTC services to professional institutions. Now we are bringing our services to the much bigger retail-user market by offering a fiat-to-crypto gateway. We hope that our solution will help the major institutions and accelerate the broad adoption of cryptocurrency eventually.”
KuCoin is one of the leading crypto exchanges in the world and has been around since 2017. The Seychelles-based exchange has a user-oriented platform focused on inclusiveness and community action reach and allows users to trade over 700 digital assets.
The low KuCoin fees make it one of the most attractive cryptocurrency exchanges in the world. Is KuCoin available in the US? At the moment, KuCoin isn’t licensed to operate in the United States. However, with the exchange’s globalization plan currently in motion, KuCoin could be expanding into the North American country soon.
Meanwhile, Legend Trading is a leading crypto trading firm with a $10 billion+ yearly trading volume. The platform over-the-counter (OTC) trading service offers deep liquidity and customizable services that are suited for brokerage firms, investment advisors, family offices, corporations, and high-net-worth individuals.