Onramp Money Integrates with KuCoin Exchange to Enhance Cryptocurrency Accessibility in Emerging Markets
In a significant move aimed at expanding cryptocurrency access in several emerging markets, Onramp Money has announced its integration with KuCoin Exchange. This partnership marks a pivotal development for users in India, Turkey, Nigeria, Vietnam, the United Arab Emirates, Chile, Colombia, Peru, and Mexico. Both Onramp Money and KuCoin are registered with the Financial Intelligence Unit (FIU), ensuring a reliable and secure framework for their operations.
Onramp Money and KuCoin Exchange
Onramp Money is a well-established financial platform in India, recognised for facilitating seamless transactions and digital currency exchanges. As an FIU-registered entity, Onramp Money adheres to stringent regulatory requirements, offering users a trusted avenue to engage with digital currencies.
KuCoin Exchange, on the other hand, is a global cryptocurrency exchange that offers a diverse range of trading options, including spot and futures trading. Recently registered with the FIU, KuCoin is dedicated to providing a compliant and secure environment for its users worldwide. It supports a wide array of cryptocurrencies and is known for its user-friendly interface and robust security measures.
The integration between Onramp Money and KuCoin Exchange is designed to streamline the process of buying and depositing popular cryptocurrencies like USDT, BTC, and ETH. Users from the specified regions can now leverage their local fiat currencies — INR, TRY, AED, VND, COP, CLP, MXN, NGN, and PEN — to purchase cryptocurrencies directly on Onramp Money. This process supports instant bank transfers, enhancing the speed and efficiency of transactions.
Key Features and Advantages
- Accessibility: Users in India, Turkey, Nigeria, Vietnam, UAE, Chile, Colombia, Peru, and Mexico can easily access major cryptocurrencies without needing to navigate multiple platforms.
- Local Currency Transactions: The ability to use local fiat currencies simplifies the buying process, reducing exchange rate complications and associated fees.
- Instant Transfers: The integration supports instant bank transfers, making the funds quickly available in the user’s KuCoin account for trading.
- Regulatory Compliance: Both platforms are FIU-registered, ensuring compliance with financial regulations and enhancing user trust.
Further Insights on KuCoin Exchange
KuCoin aims to be at the forefront of the cryptocurrency market by offering innovative services. Beyond basic trading, KuCoin provides futures and margin trading, staking services, and a built-in wallet, making it a comprehensive platform for both novice and experienced traders. Its commitment to security is reflected in its multi-layer and multi-cluster system architecture, which provides enhanced protection against potential cyber-attacks.
The integration of Onramp Money with KuCoin Exchange represents a strategic advancement in making cryptocurrencies more accessible across several key emerging markets. This collaboration not only facilitates easier and faster transactions but also ensures that these transactions are secure and compliant with regulatory standards. As the digital currency landscape continues to evolve, such partnerships will be crucial in shaping the future of cryptocurrency accessibility and usage worldwide.
About KuCoin
KuCoin is a cryptocurrency exchange built with the mission to “facilitate the global free flow of digital value.” It claims to have an emphasis on intuitive design, simple registration process and high level of security. The platform supports futures trading, a built-in P2P exchange, the ability to purchase cryptocurrencies with a credit or debit card, and instant exchange services.
Also known as “people’s exchange”, the platform facilitated 1.2 trillion in lifetime trading volume and supports over 30 million users worldwide. The company claims to offer technology-driven trading products and the KuCoin ecosystem, which encompasses the KuCoin community and is built around the KuCoin token (KCS).
About Onramp Money
Onramp.money is a leading provider of fiat-to-crypto onramp solution, offering a seamless and secure way for users to trade cryptocurrencies using their fiat currencies. Prioritising user experience and safety, Onramp.money delivers a fast, dependable, and secure platform that caters to both the purchase and sale of cryptocurrencies.