How Do I Deposit USD into Kucoin?

KuCoin exchange in November 2021 announced its new Fiat Account feature that will complement the efforts of its already existing fiat-related services like P2P Fiat Trade, and third-party fiat getaways like Simplex, Banxa, and BTC Direct.

With KuCoin Fiat Account, users can deposit U.S. Dollars to their KuCoin main accounts via a credit card or debit card, followed by an easy step to purchase crypto assets such as BTC, ETH, USDT, etc., on the “Fast Buy” interface. This deposit can be done via KuCoin Web or App, and the simple steps for each are revealed below.

How to Use Fiat Account to Deposit USD via Kucoin Web

1. Get through to KuCoins official website and log into your KuCoin account.
2. Endeavor to complete KYC verification.
3. Do this by clicking KYC Verification after you might have clicked on the avatar to enter your profile page earlier.
4. Endeavor to follow the instructions to complete the KYC2 process; as this verification process is prerequisite to using Fiat Account.
5. Now Deposit fiat into your main account.
6. To get through to your Main account, click Asset, go to Main account.
7. Next is to click Deposit, then go to Fiat Currency to choose which fiat currency you want to deposit.
8. Choose the payment method I.e. your bank card.
9. Now add your card details to complete the binding, but be aware that the KuCoin Fiat Account feature supports only Visa and Mastercard, and each user can bind a maximum of 5 bank cards. Hence, after binding a bank card, you can start purchasing crypto.
10. Users can now convert fiat deposits into cryptos on the ‘Fast Buy page’. You can as well buy crypto directly with bank cards on this page.
11. Continue from the KuCoin homepage, then go to Buy Crypto, and click Fast Buy.
12. Next is to Select the crypto you want to buy and enter the amount of USD you want to deposit.
13. Now click Balance to complete the crypto purchase with your fiat deposit.
14. Finally, youll get a receipt when you finish your purchase.
15. You can click Check Details to see the record of your purchase under the main account.

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How to Use Fiat Account to Deposit USD via Kucoin App

1. The first step on here is to download and sign up an account through the KuCoin App.
2. Endeavor to Complete the KYC verification.
3. Do this by clicking KYC Verification after you might have clicked on the avatar to enter your profile page earlier.
4. Endeavor to follow the instructions to complete the KYC2 process; as this verification process is prerequisite to using Fiat Account.
5. Next is to select the fiat you want to deposit and complete the payment.
6. Do this by clicking Asset, then Deposit, then Fiat, and now select the fiat you want to deposit.
7. Choose the payment method I.e. your bank card.
8. Now add your card details to complete the binding, but be aware that the KuCoin Fiat Account feature supports only Visa and Mastercard, and each user can bind a maximum of 5 bank cards. Hence, after binding a bank card, you can start purchasing crypto.
9. Finally, users can now convert fiat deposits into cryptos on the Fast Buy page. You can as well buy crypto directly with bank cards on this page.

Related:

1. Bybit vs Binance vs KuCoin
2. Bybit vs Kucoin

Bottom Line

KuCoin has responded to users demand for a simpler deposit process via its Fiat Account feature to achieve a better trading experience that’s secured and highly efficient, with smooth connection to the indispensable technical infrastructures of fiat-to-crypto transfers via banks, digital wallets, exchanges and payment gateways, .