KuCoin Launches KuCoin Pay, a New Service Designed to Streamline Crypto Transactions for Merchants and Customers

Crypto exchange KuCoin has launched a new crypto payment service called KuCoin Pay, enabling merchants to accept payments directly from customers’ KuCoin accounts. This service supports 54 cryptocurrencies and aims to bridge the gap between traditional payment systems and the digital asset economy.

Merchants can integrate KuCoin Pay into their existing payment platforms, allowing customers to pay with crypto via a QR code scan or the KuCoin app. This simplifies the payment process and aligns with KuCoin’s goal of enhancing the real-world usability of cryptocurrencies.

notably, KuCoin Pay differs from other crypto payment solutions by integrating directly with the exchange, facilitating secure and direct transactions without the need for third-party services or external wallets.

Several merchants have expressed interest in using KuCoin Pay, with a full rollout expected in January. The exchange will announce the participating merchants and the accepted cryptocurrencies once the service is fully operational.

KuCoin Pay’s support for a wide range of cryptocurrencies provides merchants with the flexibility to cater to diverse customer preferences. This service could accelerate the mainstream adoption of crypto for everyday transactions.

A Step Toward Mainstream Crypto Adoption

Crypto payment solutions, such as KuCoin Pay, are gaining popularity as a convenient way to integrate digital assets into mainstream commerce. By offering a user-friendly solution, KuCoin is helping to bridge the gap between digital assets and traditional payment systems, ultimately benefiting merchants and encouraging global cryptocurrency adoption.

At the time of writing, the price of KuCoin token stands at $10.81, with a 24-hour trading volume of $1,372,073. Over the last 24 hours, KuCoin token has appreciated by 2.91%.

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