August P2P & Olympic Celebration - New Rules for KuCoin Fox King Merchant and Gold Merchant

Dear KuCoin Merchants,

We have updated the latest rules for Fox King and Gold Merchant on August 1st . To maintain KuCoin’s P2P platform operations, optimize the merchant management experience, and create a safe, stable, and convenient trading environment for our users, KuCoin has launched the Fox King and Gold Merchant system. Become a Gold Merchant to enjoy one-to-one Telegram community service and the all-new Fox King benefit system with exclusive value-added services.

1. Merchant Rights and Benefits

2. Fox King Application Requirements

(1) Must be a verified merchant for at least a month.

(2) Must provide a 6-month bank statement or a proof of your merchant transaction details on a competitor's platform (If any).

(3) Must deposit 5,000 USDT as a safety deposit.

(4) Must have over a total of 200 orders

(5) Must have a monthly order success rate over 90%.

(6) Must have a real-time dispute rate must not exceed 2.5%.

(7)Must have a history of compliance with the merchant regulations with no serious order disputes or user complaints.

KuCoin P2P Merchant Regulations| KuCoin

Note: The platform has the right to take punitive measures such as removing merchant privileges, freezing safety deposits, and permanent banning of any merchant who violates the merchant regulations.

3. How to Apply for Fox King?

Click the link below to apply. A KuCoin staff member will review your application within 14 working days.

KuCoin P2P Trading FOX King Application Form

4. Gold Merchant Application Requirements

(1) Must be a verified merchant for at least a month.

(2) Must accumulate a monthly trading volume of more than 10,000 USDT.

(3) Must accumulate over 200 monthly orders.

(4) Must have a monthly order success rate over 90%.

(5) Must have a history of compliance with the merchant regulations with no serious order disputes or user complaints.

(6)Real-time dispute rate must not exceed 2.5%

Note: At the beginning of every month, the platform will provide upgrades for qualified merchants according to their last monthly data. If merchants already enjoying one-to-one Telegram community services fail to meet the requirements according to their last monthly data, the one-to-one services will be cancelled within 3 business days.

How to Contact the KuCoin Support Team?

Best regards,

The KuCoin P2P Team