PIX&TED Bank Transfer and Advcash are Now Supported on KuCoin

PIX&TED Bank Transfer and Advcash are Now Supported on KuCoin

03/23/2022, 10:54:03

Dear KuCoin Users,

We are glad to inform you that all KuCoin Brazilian users can now use PIX&TED, the bank transfer payment methods launched by Brazilian Central Bank, to deposit Brazilian Reals (BRL) on KuCoin website.

Also, KuCoin has partnered with Advcash to offer deposits of Ruble (RUB), Ukrainian Hryvnia (UAH), US Dollar (USD), Euro(EUR), Great British Pound(GBP), and Brazilian Reals (BRL) via the Advcash service. Users will be able to deposit these currencies to their KuCoin fiat account from their Advcash Wallet on KuCoin website.

After the fiat currency is deposited into a user’s KuCoin fiat account, users will also be able to buy USDT with balance directly through the Fast Trade page. Complete your KYC and follow the guide below to get started:

Payment ServiceFiat CurrencySpeedWorking hoursDeposit Fee
PIXBRLInstant24/7Free
TEDBRLNormalWorking days
7 AM - 5 PM
Free
AdvcashUSD, EUR, RUB, GBP, UAH, BRLInstant24/7Free

How to deposit fiat currencies via KuCoin PIX&TED/Advcash and buy USDT with Balance?

Step 1: Complete the KYC2 verification; Guide>>>

Step 2: Go to Assets > Deposit > Fiat > PIX&TED/Advcash (0 fees);

Step 3: Go to Buy Crypto > Fast Trade > Fiat/USDT > Balance.

What is Advcash?

Advcash (Advanced Cash LTD) is a payment platform combining crypto, fiat and prepaid card features. E-wallets in multiple currencies have a range of deposit and withdrawal options available both locally and internationally. Loaded instantly from e-wallets, ADV-branded prepaid cards allow for easy international POS and ATM transactions. Merchants can choose from a range of payment processing and payout automation instruments.

What is PIX&TED Bank Transfer?

PIX is the system created by the Brazilian Central Bank to bring instant payments to life. It is through PIX that all wallets that use QR Codes will be interoperable, meaning transfers and payments will be allowed from one e-wallet to another in real-time, 24/7.

TED is an option when you're transferring funds between accounts at the same bank or different banks. If you send the funds before 5:00 pm on a business day, the funds will arrive the same day.

Thank you for your support!

The KuCoin Team