If you want to purchase cryptocurrency or perform any other type of cryptocurrency transaction on Kukoin, and are wondering if they accept prepaid cards. This article would tell you everything you need to know about kukoin accepting prepaid cards, along with every other thing you need to know about kukoin. Ready to find out? Let’s get right into it.
Does Kukoin accept prepaid cards?
According to kukoin’s official website, prepaid cards issued by Mastercard or Visa are accepted by the cryptocurrency company. Apart from prepaid cards, other cards like credit cards and debit cards that are issued by Mastercard or Visa are also accepted by Kukoin. These cards would help you to be able to buy cryptocurrency on Kukoin through fiat currency.
How to use a prepaid card to purchase cryptocurrency on Kukoin?
Prepaid cards can be used to purchase cryptocurrency through fiat currency on Kukoin. Examples of fiat currencies that can be used to purchase cryptocurrency on kukoin are the United States dollar (USD), Great Britain pounds (GBP), Euros(EUR), Australian Dollars (AUD), Canadian dollars (CAD), and many more. These fiat currencies can be used to purchase USDT on kukoin, which can in turn be used to purchase other cryptocurrencies on kukoin. Here are steps to follow to purchase USDT via fiat with a prepaid card:
– Head over to kukoin website at www.kukoin.com and log in to your kukoin account. After logging into your kukoin account, go to the menu tagged “buy crypto” and select the “third party” option.
-Select the cryptocurrency you want to buy, and fill in the fiat currency you want to use to purchase the cryptocurrency coin.
– After choosing your preferred fiat currency for the transaction, several payment methods would be displayed. In this case, choose a prepaid card.
– A set of disclaimers would be displayed after you have picked your preferred method of payment, you are advised to read these disclaimers before clicking on “Continue”.
– Your transaction would be processed and the amount of USDT you have bought with fiat currency would be deposited in your account.
How to buy cryptocurrency on kukoin with other bank cards?
You can purchase cryptocurrency on Kukoin with other payment options like Mastercard or Visa-issued debit cards. Here are steps for you to follow to purchase cryptocurrency on kukoin with debit cards:
– Head over to the kukoin website or open the kukoin app on your phone.
-Log in to your kukoin account. If you don’t have a kukoin account, follow the registration steps on kukoin.com to open a new account for yourself.
– On the Yukon website or app homepage, click on the button tagged “buy crypto”.
– Next thing for you to do is to head over to the button tagged “fiat” and click on it.
– After clicking on fiat, click on the button tagged “fast trade” and then “buy” to initiate your cryptocurrency purchase.
-After doing that, click on the type of fiat currency you want to use for the transaction, and the cryptocurrency you want to buy.
– Click the button tagged “bank card” and click “bind card” because you would have to bind your debit card before you can use it to purchase cryptocurrency on kukoin.
– Enter your card name, debit card number, debit card expiration date, and debit card CVV. After inputting those details, click on “buy now”.
– Your transaction would be completed and kukoin would issue you a receipt.
Kukoin transaction fees for prepaid and debit card transactions
Kukoin charges a transaction fee for every transaction you carry out on their website or mobile app. This transaction fee is deducted from your fiat currency payment, and you can find it on your confirmation page. Apart from Yukon, your bank or card issuer might charge you a transaction fee too, so you should bear that in mind.
The purchase limit for buying cryptocurrency with a prepaid or debit card
The least amount you can use to perform a transaction with either a prepaid, a debit, or a credit card is $5. The maximum amount for such transactions on kukoin is $5,000. If you want to perform cryptocurrency transactions of over $5,000 with a prepaid or debit card, you would have to break the transaction up into bits for your transaction to be successful.
Kukoin 3D secure for prepaid cards
Kukoin enables the use of 3DS for securing card transactions. 3DS is an acronym for 3-dimensional security which involves the authorization of online transactions with a one-time password (OTP). This security method ensures that you can perform transactions on kukoin without having to be worried about your cyber safety.
Conclusion
As you have been told earlier in this article, kukoin accept prepaid cards, as well as other cards like debit and credit cards. You can use any of those cards to buy USDT through fiat on kukoin, and in turn, use the purchased USDT to buy other cryptocurrencies on kukoin. To purchase USDT with fiat using prepaid cards and the other cards mentioned above, follow the steps that were mentioned in this article.
