Crypto

KuCoin Strengthens Its European Market Presence by Enabling Key EUR Trading Pairs

Leading cryptocurrency exchange KuCoin is tackling the European market. The trading platform has introduced EUR spot trading pairs for bitcoin, ethereum, and USDT. As a result, users will have an easier time converting between Euros and cryptocurrencies. 

Another Big Push For KuCoin

The primary objective of cryptocurrency exchanges is to onboard as many people who want to explore crypto-related opportunities. Millions of people want to enter this space but struggle with converting between fiat and crypto. KuCoin acknowledges a need for better solutions, and its further expansion into the European market perfectly illustrates that point. 

KuCoin’s introduction of EUR spot trading pairs marks a crucial first step in that direction. Users can convert between Euros and BTC, ETH, and USDT on the fly. Moreover, it enables the exchange to solidify its position across the European crypto market, which remains one of the strongest growing regions globally. Gaining a bigger foothold in that part of the Western world is part of KuCoin’s ongoing global expansion.

KuCoin CEO Johnny Lyu adds:

“The new EUR spot trading pairs in the fiat-to-crypto service deployed by KuCoin is another major milestone after the addition of BRL a week ago. We hope this will bring excellent convenience to our local users and those who prefer to use euro.”

It is not the first venture by KuCoin into Europe. The exchange launched SEPA Payments to give users access to the most straightforward fiat-to-crypto exchange experience possible. SEPA transfers are a crucial aspect of commerce across the European Union, enabling users to deposit EUR to an account for purchases. Bringing that functionality to a top-tier exchange like KuCoin will make it much easier for consumers to explore the cryptocurrency industry. 

Ongoing Expansion For KuCoin

Tapping deeper into the European market is a crucial aspect of the KuCoin exchange. However, the company recently made inroads in Brazil, another crypto hub. With its support for BRL payments through PIX, users can convert the Brazilian real to USDT, BTC, and ETH through direct conversations on KuCoin’s spot market. 

KuCoin CEO Johnny Lyu comments on the expansion plans:

“KuCoin strongly believes that providing a secure and stable bridge between fiat and cryptocurrencies will bring a better experience to crypto users, which is crucial for crypto mass adoption. In the nearest future, KuCoin plans to support more fiat trading pairs in the spot market, thus becoming the best place to explore the crypto world with fiat for global users.”

KuCoin is one of the five top cryptocurrency exchanges globally and was named one of the Best Crypto Exchanges in 2021 by Forbes. Following the strong push into Brazil and Europe, the team will continue to make inroads across other crucial countries and regions. 


None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.

JP Buntinx

JP Buntinx has been writing about cryptocurrency since 2012. His interest in crypto, blockchain, fintech, and finance allows him to cover a broad range of different topics.

Share
Published by
JP Buntinx

Recent Posts

Advantages Of Bitcoin Casino In Australia

In the last few years, Bitcoin casinos Australia have taken a firm hold on the…

2 hours ago

THIS IS WHY SHOULD YOU KEEP AN EYE ON MUSIC-BACKED TOKENS IN 2023

The main reason for the deprecation of crypto tokens has always been their inutility in…

2 hours ago

CryptoGames: A Comprehensive Review of the Top Online Crypto Casino

Online gambling through crypto casinos has become increasingly popular in recent years, with a growing…

2 hours ago

Best Cryptocurrency Payment Gateways for 2023

Crypto adoption keeps increasing around the world, regardless of the 2022 market crash. The 2022…

2 hours ago

Ganja Guruz and Doodles NFTs are the Ultimate Additions to Your Collection in 2023 For Big Profits

NFT collections are one of the best projects to look forward to in the Web3…

2 hours ago

ReserveBlock Announces Native Coin Listing on Bitrue and Deepcoin

San Francisco, San Francisco, 2nd February, 2023, ChainwireOpen source blockchain ReserveBlock has announced the listing…

2 hours ago