- KuCoin adopts Revolut Pay for seamless crypto purchases in EEA.
- The initially supported cryptos include BTC, ETH, SOL, SHIB & others.
- KuCoin launches a double promo campaign with a $5,000 prize pool.
KuCoin, one of the globe’s leading cryptocurrency exchanges, has added support for Revolut Pay. The partnership is set to bring one-click seamless payments to KuCoin’s customers residing in the European Economic Area (EEA).
Via the new payment gateway, KuCoin users can convert their Euros into any supported currencies using their Revolut account. To begin with, KuCoin added support for the on-demand cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Shiba Inu (SHIB), Optimism (OP), Arbitron (ARB), and others.
These on-ramp instant payments support the most popular stablecoins, such as Tether USD (USDT), USD Coin (USDC), and KuCoin’s native cryptocurrency, KCS. While the regular fee for this instant crypto top-up is 1.2% with a minimum of 10 Euros, EU users can make one-click deposits of up to 10,000 Euros in one go.
How to Get Your Hands on the $5,000 Prize Pool
To celebrate the partnership between KuCoin and Revolut Pay, the Seychelles-based crypto exchange has planned two events with giveaways or cashback opportunities. Firstly, the first 2,000 users who purchase via the new seamless method can receive cashback on transaction fees.
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Capped at 100 USDT per customer, this cashback program will return user fees after the promotional campaign ends. According to the official statement from KuCoin, both events started on February 28, 2024, and will run till 10 March 2024, 23:59:59 (UTC).
To get a piece of the $5,000 celebratory prize pool, KuCoin’s customers must make purchases of above 100 USDT with Revolut Pay in Euros. Each qualifying transfer gets an entry into the daily draw, which consists of 500 USDT each day while the promo campaign lasts. Qualifying members can get from 1 to 5 USDT each, while the crypto rewards will be issued 15 days after the completion of the event.
On the Flipside
- The promotional campaign does not include Peer to Peer (P2P) services or directly buying with other currencies aside from Euros.
Why This Matters
KuCoin is one of the leading platforms in the cryptosphere worldwide, having a customer base of 31 million. Revolut is a leading neobank with a similar customer base that uses the app for everyday banking.
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