KuCoin Card Review | KuCard Features and Fees
Kucard's rapid crypto-to-fiat conversion, seamless payment integration, and integration of Euro and USDT provide cryptocurrency owners with an easy way to use their assets in regular transactions. You can pay with cryptocurrency at millions of retailers that accept VISA by using KuCard.
KuCoin is among the best cryptocurrency platforms for new and experienced traders in terms of easy-to-use tools for trading. KuCard is the new KuCoin solution to many of the issues its users face when making payments. Kucard offers a unique way for owners of cryptocurrencies to use their digital assets in everyday transactions by accepting a larger range of cryptocurrencies and fiat money. This growth will make it possible for a financial platform to become more welcoming to a wider variety of user preferences and to revolutionize cryptocurrency payments by making them as widely accepted and user-friendly as conventional fiat money.
Continue reading to learn more about the Kucard as TU experts examine its features and advantages.
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Is it worth getting a KuCoin card?
Yes. Getting Kucard will make it easier to make payments with cryptocurrency without worrying about the conversion of coins to the fiat currency you are purchasing.
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How do I get a KuCoin card?
You can get a Kucard by visiting the official website of KuCoin, clicking on “More,” and, from the dropdown menu, selecting Kucard.
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Does KuCard support mobile payments?
Yes, and this is more easier when you integrate the Kucard with Apple Pay or Google Pay.
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Does the KuCoin Visa Debit Card have any transaction limits?
The KuCoin VISA Debit Card does have transaction limits, but they change depending on the user's KYC verification status and the country in which they are used.
What is KuCard?
KuCoin Card is a cutting-edge VISA card solution that combines the dependability of conventional payment methods with the flexibility of cryptocurrencies. KuCoin is well-known for offering a wide range of services and is regarded as one of the top five cryptocurrency exchange platforms globally. The launch of the KuCoin card is a noteworthy development that heralds a new era in the incorporation of digital assets into routine financial transactions.
By using a KuCard VISA debit card, investors can spend their cryptocurrency funds at traditional retail establishments that accept credit or debit cards. Users can utilize their KuCoin debit card in tandem with Apple Pay, a digital wallet and mobile payment service offered by Apple Inc., enabling them to execute contactless transactions using their iPhone or Apple Watch. It offers users an easy and safe way to access and use their digital assets for day-to-day business, both online and offline.
What you need to know about the KuCoin card
Before delving into the exclusive rewards and advantages of the KuCoin card, let’s learn about the standout features that make the KuCoin card a safe and premier choice for individuals engaged in transactions on the platform.
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Supported Cryptocurrencies
At the moment, Kucard supports fiat currency (EUR) and cryptocurrency (BTC, USDC, USDT, ETH, XRP, and KCS). You can buy USDT with the following currencies;
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EUR
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USD
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GBP
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BRL
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RUB
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UAH
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AUD
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Real-Time Conversion
The KuCoin card offers hassle-free spending by smoothly converting cryptocurrencies to fiat money. The integrated real-time crypto-to-fiat conversion technology ensures that users always receive the best exchange rate at the point of sale by automatically converting cryptocurrencies into local currency. By removing the complications of transactions or conversions usually associated with digital assets, KuCard streamlines the process of converting and spending cryptocurrencies.
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KuCoin Account Integration
KuCoin cards are known to integrate with modern payment systems to give users faster payment operations. For a safe and easy payment experience, KuCard—the Crypto Visa Card by KuCoin—integrates with Apple Pay.
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Card Types
KuCoin supports credit, debit, and pre-paid cards from VISA and MasterCard.
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Global Acceptance
KuCard users can now pay with cryptocurrency at millions of online and physical retailers worldwide, thanks to the integration of Apple Pay.
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Fees
A one-time fee of €9.99 is charged when a new KuCard is issued. This fee covers the cost of creating and activating the card. KuCoin will deduct transaction fees from the amount paid when purchasing cryptocurrency with a bank card. Upon completion of the confirmation process, your credit card will be charged. The order confirmation page displays the transaction fee. Please note that opting for online payment or advance payment services could result in additional fees from your card issuer.
| Conditions | Fees |
|---|---|
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Issuance Fee for New KuCard |
€9.99 |
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Replacement Fee for KuCard: |
€9.99 |
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Euro Transactions |
Zero fees |
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Card Cancellation |
Zero fees |
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Foreign Transaction Fee Outside Europe |
2% of the total transaction value |
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Cash Withdrawal Fee in Euros within Europe (ATMs and banks) |
€1.50 per transaction |
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Express Delivery Fee for KuCard |
€30.00 |
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Annual Maintenance Fee |
€10 |
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KYC Verification
If you want to purchase cryptocurrency with KuCard, you must finish KuCoin's advanced verification process, which calls for identity verification. For the identity verification process to be completed successfully, users must submit identity documentation and submit it for face verification. Personal information, ID photos, and face verification and review are all part of the identity verification process.
Is KuCoin card available worldwide?
The KuCoin card is only accepted in countries where KuCoin services are available. The European Economic Area (EEA) encompasses Austria, Cyprus, Denmark, France, Germany, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Belgium, Bulgaria, Croatia, the Czech Republic, Estonia, Finland, Greece, and Ireland.
Note:
Given the integration of Apple Pay, the answer to the question of whether users can use the KuCoin Visa Debit Card outside of their country of residence is indeed yes.
How to get a KuCoin card
To apply for a KuCoin card, follow these steps:
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Step 1: Go to the KuCoin homepage, choose KuCard under the More tab.
KuCoin website
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Step 2: On the KuCard window, select Apply Now.
KuCoin website
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Step 3: If you have not verified your account yet, do so. You can not move on with the process until you have finished the advance verification.
KuCoin website
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Step 4: After completing the verification process, confirm the details on the new page and enter your date of birth. Verify that the name on the card matches the information in your KYC. Click Next once the Terms of Use and Privacy Policy have been read and accepted.
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Step 5: Select whether to create a virtual card exclusively or a physical card and virtual card.
KuCoin website
An application fee of 9.99 EUR is necessary if you want to apply for a physical card.
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Step 6: You have the option to customize the name that appears on your card.
KuCoin website
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Step 7: Enter the mailing address of your physical card.
KuCoin website
Note:
At this time, only addresses located in Europe are eligible for this. Select standard or expedited delivery, then type your address in uppercase letters in English.
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Step 8: Create a 3DS password, which is needed to confirm your payments made online.
KuCoin website
A confirmation email will be sent to you after you finish. The KuCoin assistance team is available to assist you if you run into issues or have any questions.
How KuCoin Visa Debit Card Works
The KuCoin card works similarly to other bank cards you can use for payments and other financial operations. The KuCard, built on cryptocurrency foundations, seamlessly integrates with Google Pay and Apple Pay, ensuring a fluid payment experience across platforms. Leveraging your cryptocurrency assets for offline spending and enjoying the convenience of digital transactions becomes effortless with this fusion. Thanks to the KuCoin Visa debit card, users can utilize their crypto holdings directly at any Visa-accepting merchant.
Applicants have the option to select a virtual or physical card during the application process. Upon approval, users sync their KuCoin Visa card with their cryptocurrency wallets, granting access to a range of supported cryptocurrencies (e.g., USDT) for funding. When making a purchase using the KuCoin Visa card, the connected wallet's cryptocurrency automatically converts into the corresponding fiat currency at the prevailing exchange rate in real time, guaranteeing smooth transactions.
The KuCoin Visa card is versatile, usable both online and in physical stores at Visa-accepting merchants. Users can employ their Visa card for in-person and online transactions, ATM cash withdrawals, and other financial activities. It's important to note that converting cryptocurrencies to fiat money and conducting transactions with the card may entail fees.
KuCoin card benefits
Generally, the Kucard makes transactions with crypto more flexible and faster. Below are other benefits:
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The KuCoin cryptocurrency-enabled debit card provides discounts at partner businesses and cashback on purchases.
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With the KuCoin card, you don't need to worry about converting your cryptocurrency holdings into fiat money, as it is done automatically. Without having to wait for delays or manual conversions, the conversion occurs as soon as you attempt to use the card to make purchases at millions of VISA-accepting stores worldwide.
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The KuCoin card works with a wide range of cryptocurrencies.
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Paying with KuCard is more convenient and easier, as you can integrate the card with Apple Pay or Google Pay.
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Users have the option of a physical or virtual card.
Expert Opinion
The KuCoin Visa debit card represents a significant advancement in merging traditional financial systems with the flexibility of cryptocurrencies. I am certain every crypto user will gladly get one, considering the seamless way it allows cryptocurrency holdings to be used at conventional retail outlets, bridging the gap between digital assets and everyday transactions.
The KuCoin card's support for numerous cryptocurrencies, such as Bitcoin, Ethereum, Ripple, and others, is one of its unique features. Users now have more flexibility and convenience as they can conduct transactions using their favorite digital assets.
The real-time conversion feature of the KuCoin card ensures that users always receive the best exchange rate at the point of sale, simplifying the process of converting and spending cryptocurrencies. Additionally, the integration with Apple Pay provides users with a safe and easy way to access and use their digital assets for day-to-day transactions, both online and offline. In conclusion, the KuCoin Visa debit card offers a convenient and secure way for users to access and spend their cryptocurrency holdings.
Conclusion: Should I Get a KuCoin Card?
It is a smart idea to get a KuCard, which is available to citizens and residents of the European Economic Area (EEA), as this will simplify payments in the cryptocurrency market.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).