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KuCoin supports the Advcash service and Capitual, a channel company, to allow its users to buy digital assets using local currencies.

KuCoin supports the Advcash service and Capitual, a channel company, to allow its users to buy digital assets using local currencies. The Advcash service is intended to cater to the growing Eastern European user base in the future, as well as markets in Asia Minor. The Capitual channel company will be directed at users from the Brazilian market, which has been experiencing considerable growth in adoption rates.

At present, the KuCoin exchange has completed the service integration testing of Advcash and Capitual, and provides smooth and stable services. The main purpose of the integration is to provide users of KuCoin with a higher degree of convenience in converting their local currencies into cryptocurrencies.

Capitual cooperates with local banks in Brazil that can support the PIX instant transfer system and TED regular transfers. The service relies on its native BRL token that users in Brazil can buy through PIX&TED and spend to purchase USDT. PIX is a system created by the Brazilian Central Bank for use with QR Codes, ensuring fast transfers and payments from one e-wallet to another in real-time.

Last updated 1 year ago