RATE Group | KuCoin OTC Trading Desk Supports Purchasing Cryptocurrencies With Canadian Dollars (CAD) | News
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KuCoin OTC Trading Desk Supports Purchasing Cryptocurrencies With Canadian Dollars (CAD) | News

25 May KuCoin OTC Trading Desk Supports Purchasing Cryptocurrencies With Canadian Dollars (CAD) | News

Posted at 15:11h in Cryptocurrency News by

SINGAPORE, May 25, 2020 /PRNewswire/ — On May 25th, KuCoin, an IDG-backed crypto exchange, announced that its OTC Trading Desk will support Canadian dollars (CAD) at 09:00, May 25th (UTC-8), and users can use Canadian dollars to purchase cryptocurrencies such as BTC, USDT, and CADH. This is another mainstream fiat currency supported by the KuCoin OTC Trading Desk after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR) and Vietnamese Dong (VND).

As the home of Vitalik, Ethereum founder, Canada has become one of the pioneers in the crypto industry, based on the nation’s innovation capabilities, low-cost energy, high-speed Internet, and sound regulatory system. It is expected to follow Eastern Europe and China as another blockchain and cryptocurrency center. This OTC fiat currency channel that KuCoin has opened can facilitate Canadian users to more easily purchase cryptocurrencies, lowering the threshold for users in this region to pass by the gates into the cryptocurrency…

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