KuCoin Launches Instant Exchange Service – Product Release & Updates

Poplar crypto exchange KuCoin has a new feature dubbed Instant Exchange Service.

The feature according to KuCoin’s official blog post enables instant crypto transactions. Created by a partnership between KuCoin and Chicago Mercantile Exchange (CME), it allows for instant crypto transactions for BTC, ETH, LTC, XRP, BCHABC, and USDT.

Users can access this service from the Instant Exchange page, providing users with the best market price. It boasts of having one of the fastest transaction time, as low as 1 sec. It also conveniently carries out large orders, to prevent resulting price fluctuations from large orders in KuCoin’s spot market. This gives it a better user appeal when compared to the conventional crypto-to-crypto transaction.

For now, all Instant Exchange transactions will attract a zero transaction fee as the final price will be shown on the service page.

Johnny Lyu, Co-founder of KuCoin pointed out that the exchange is dedicated to ensuring transactions are secure,…