KuCoin founder and CEO Michael Gan
KuCoin founder and CEO Michael Gan speaking at the Blockchain Life 2019 Forum in Moscow, Russia.

The IDG-backed global crypto exchange, which promotes safe Bitcoin transactions, KuCoin announced the launch of its Instant Exchange service. The press release that was published on KuCoin’s website yesterday shares that the new service will support transactions between BTC, ETH, LTC, XRP, BCHABC, USDT, and other popular digital assets.

KuCoin’s Instant Exchange service was created by KuCoin and a leading market maker of the Chicago Mercantile Exchange and is already online. Within seconds every user of the new service can benefit from the best exchange rate across the market and an instantaneous settlement.

Instant Exchange has many advantages over traditional crypto trading. Not only it grants the fastest transaction speed possible, even with large orders, but it does not impose any transaction fees. The price users see on the page of the platform is the final price.

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KuCoin, or “The People’s Exchange”, launched in September 2017 and focuses on providing convenient and exceptionally secure exchange services. It has grown to be one of the leading crypto exchanges in the world and currently has 5 million users in 207 countries. The statistics show that every fourth crypto holder globally uses KuCoin.

Johnny Lyu, KuCoin co-founder explained KuCoin’s commitment and how Instant Exchange works:

“As ‘The People’s Exchange’, KuCoin has been committed to providing users with secure, simple and convenient trading experience, so that more people can embrace the blockchain and crypto world. The Instant Exchange service is a bold attempt for KuCoin, which can help users complete the optimal transaction in the shortest time”.

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