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KuCoin AMA With KuCoin Pay x Uquid — Crypto Shopping Revolution: How KuCoin Pay & Uquid Are Changing the Game

2025/03/04 01:21:34

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Dear KuCoin Users,

 

Time: February 26, 2025, 10:00 AM - 10:48 AM

KuCoin hosted an AMA (Ask-Me-Anything) session in the KuCoin Exchange Group, featuring Andy, the Social Media and Community Manager at Uquid.

Official Website: https://shop.uquid.com/
Whitepaper: https://uquidcoin.com/pdf/Uquid_whitepaper.pdf 

 

Follow Uquid on X and Telegram
 

Q&A from KuCoin to Uquid

Q: Crypto payments and crypto shopping are becoming more popular. From Uquid’s perspective, what are the main factors driving this shift, and how do you see it evolving in the future?


Andy: Crypto shopping is gaining traction due to speed, lower fees, global accessibility, and financial autonomy. This means that we’re utilizing the cutting-edge technology of Web3 and blockchain to minimize processing or gas fees, as well as allowing the bankless people or crypto holders to get tangible products using the crypto assets they’re having.

As more merchants and users recognize these benefits, we see Web3 commerce evolving into a mainstream alternative to traditional payments. Adding numbers from Uquid: Crypto Shopping Journeys increased by 15% in 2024, with 1.97 million completed journeys, reflecting stronger user engagement and higher retention rates. 

 

Q: Why could crypto shopping be the next big trend? What makes Uquid stand out in the industry?

 

Andy: Interesting question! Beyond payments, crypto transforms shopping into an earning opportunity. With loyalty rewards, tokenized incentives, and DeFi integrations, users save more, earn while they spend, and enjoy a decentralized shopping experience.

 

Giving the example from Uquid, we’re having Lucky Spin with a HUGE prize pool after you purchase on our websites. Moreover, we collaborated with various partners to give away vouchers, discounts, and even cash prizes to our users.

Moreover, as more young people join the crypto scene, Web3 Shopping is predicted to be the next big necessity in their daily lives - where they can get anything using their digital assets. This is especially helpful for the bankless as well. 


Q: Uquid has been a pioneer in crypto shopping. Can you share how Uquid is making it easier for users to spend their crypto on real-world products and services?

Andy:  Definitely! Uquid removes friction by offering more than 175 million products, ranging from physical to digital, instant checkout with crypto, and direct wallet integration. We’re also having payment options available like KuCoin Pay!

 

Uquid is not only accessible on our website but we have mini-apps, application and bot as well, giving users the freedom to shop wherever they are. You can actually check out Uquid at the KuCoinat KuCoin app now!

 

No bank needed, no conversion hassle. We’re building a truly borderless shopping experience. 


Q: What role does KuCoin Pay play in enhancing the Uquid shopping experience, and why was this partnership important for Uquid’s growth?

Andy: KuCoin Pay enhances the crypto shopping experience by enabling fast, secure, and cost-effective transactions, eliminating the delays and high fees often associated with traditional payment methods.

By integrating KuCoin Pay, Uquid ensures that users can seamlessly complete purchases with their crypto assets, making Web3 shopping as simple as traditional e-commerce. This partnership also expands accessibility to millions of KuCoin users, allowing them to directly spend their crypto on millions of digital and physical products without the need for manual conversions.

By bridging the gap between crypto payments and real-world commerce, I believe that Uquid and KuCoin are driving greater adoption of Web3 shopping, reinforcing the role of blockchain in mainstream retail transactions.



Q: One of the biggest challenges in crypto payments and crypto shopping is usability. How does Uquid simplify the shopping experience to make shopping with crypto as seamless as possible?

 

Andy: This is a very important point! Usability! Uquid is redefining the crypto shopping experience by removing traditional barriers that often make online purchases cumbersome. Unlike conventional e-commerce platforms that require lengthy sign-ups, personal information, and verification, Uquid offers a seamless, hassle-free alternative.

Users can simply connect their wallet & shop right away. But with our collaboration between Uquid & KuCoin, it's even easier! KuCoin users can shop with us directly on the KuCoin App, select their favorite products, and complete transactions instantly. All while enjoying the privacy and security of blockchain technology. No need to manually enter payment details or undergo tedious verification processes. Moreover, as I mentioned, we got almost everything you need within our 175M+ product range, so it's a plus for usability. 

 


Q: Looking ahead, what are Uquid’s future plans to expand crypto payment adoption and improve the user experience?

Andy: In 2025, Uquid will continue to expand its ecosystem, enhance accessibility, and collaborate with forward-thinking partners to drive real adoption. As I cannot reveal the specific campaigns and activities yet. But they'll be amazing, I promise. Together, we’re not just shaping a marketplace, we’re building the foundation for a more open and inclusive global economy.

Free-Ask from the KuCoin Community to Uquid

Q: Are there any transaction fees or hidden costs while using KuCoinPay on Uquid?

Andy: No hidden fees! Uquid ensures a transparent shopping experience, and KuCoin Pay offers low-cost transactions to make crypto shopping seamless. Plus, users can benefit from zero gas fees on eligible payments, maximizing their savings.

 


Q: Can KuCoinPay support multiple cryptocurrencies for shopping on Uquid?

Andy: Yes! KuCoin Pay supports a wide range of cryptocurrencies, from Bitcoin to altcoins, to stablecoins, allowing users to shop using their preferred digital assets. This flexibility makes it easier to spend crypto effortlessly on everyday products and services.



Q: Are there any exclusive deals or activities for KuCoin users on Uquid?

Andy: Absolutely! KuCoin users can enjoy special promotions, discounts, and cashback rewards when shopping with KuCoin Pay on Uquid. 

Stay tuned for limited-time deals and giveaways designed exclusively for KuCoin’s community.

 


Q: Where can I shop with KuCoin Pay? What kind of products can I shop on Uquid?

Andy: You can shop at Uquid Shop, the leading Web3 shopping platform, with KuCoin Pay! You can also shop on the KuCoin App directly!

Uquid offers 175 millions of digital and physical products, including gift cards, mobile top-ups, subscriptions, gaming credits, electronics, fashion, and more. It’s a one-stop Web3 shopping destination!



Q: How does Uquid's integration with KuCoin Pay contribute to the future of crypto shopping?

Andy: This integration is a game-changer for Web3 commerce! 

 

It combines KuCoin’s secure, instant payments with Uquid’s vast marketplace, making crypto more practical for everyday purchases. By reducing friction, lowering costs, enhancing accessibility, and it accelerates the mainstream adoption of crypto shopping.



Sign up for a KuCoin account if you haven’t done so yet, and make sure to complete your KYC verification to stay updated on all announcements and events available on the exchange.

 

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