Kucoin Now Supports GBP and AUD Fiat Deposits via Banxa Partnership


Starting with November 26th, the IDG-backed cryptocurrency exchange KuCoin and the fiat on-ramp Banxa service are partnering up to offer KuCoin users instant fiat to cryptocurrency conversions.

The partnership will make it possible for KuCoin clients to make bank transfers, credit or debit card payments or through the 1,200-newsagent network in the British Pound (GBP) and the Australian Dollar (AUD), in order to buy both Bitcoin (BTC) and Ethereum (ETH).

Banxa Is Adding More Global Payment Options

Banxa is at the moment adding more payment options on its platform, as it intends to offer its services to people from all over the world. Banxa’s CEO, Holger Arians has said that Kucoin has always been a great partner for his company. He also mentioned that serious players in the crypto market should have a fiat to crypto gateway on their platform. This is what he had to say about the company he’s working for:

“Banxa allows exchanges, wallets and other industry players such as news websites etc. to own their users end-to-end and rely on a unique payment network which deals with global compliance and regulation.”

Banxa Offers a Full Service While KuCoin Is Introducing More People to Crypto

With an API that’s simple to integrate and zero chargebacks, wallet providers and crypto exchange can offer their clients enough security and the means to buy cryptocurrencies. Banxa is a company that takes care of everything, from regulations and fraud management, to operational overheads and payment network integrations. It’s important that fiat to crypto transactions are being advocated in order for people to get used with the crypto world. Early in 2019, KuCoin released a peer-to-peer OTC platform that allows customers to buy BTC, PAX and USDT with CNY. Banxa offers a full service and a global fiat to crypto gateway for wallets, exchanges and business operating with cryptocurrencies.

KuCoin Emphasizes High-Quality Projects

Opened for trading in September 2017, KuCoin Exchange has been growing ever since. It pays a lot of attention to the quality of projects listed with it through its research department that’s only scouring what’s best in the blockchain industry. KuCoin is offering exchange services for its users to make digital asset transactions in a safe and efficient manner. With time, this company is looking to bring more long-lasting value to its over 5 million customers from more than 100 countries in the world.

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