Catalysing business growth by integrating crypto payments into the retail sector, cryptocurrency exchange KuCoin has launched a new merchant solution, KuCoin Pay.
This new product will improve the digital commerce sector by bridging the gap between traditional retail and crypto. KuCoin Pay will reduce transaction fees and facilitate immediate settlement of crypto payments, aligning with the company’s goal of enhancing the blockchain ecosystem. Consequently, businesses will have a simpler process of managing transactions. Furthermore, the new platform will be able to broaden the reach of payments across the globe as it supports a large range of cryptos and blockchain networks.
By integrating KuCoin Pay into their payment systems, merchants can enable customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. In turn, the platform will ensure greater consumer confidence as they can enjoy a frictionless checkout experience.
Additionally, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s user base while simplifying the buying process for everyday items for users. Daily requests like gift cards and mobile top-ups can be made through the app, further promoting widespread crypto adoption.
New year, new crypto offerings
In addition to the launch of KuCoin Pay, the crypto exchange also began 2025 by announcing some changes being made to offered tokens. At 7am UTC, 6 January, KuCoin announced that its Trading Bot will delist the FTMUSDT perpetual contract including Futures Grid, AI Futures Trend, Futures Martingale and DualFutures AI.
In the announcement, KuCoin said: “Users are advised to shut down the running trading bots for the FTMUSDT perpetual contract before the time above. If the user fails to close the bot before the time above, the system will automatically shut down the relevant trading bot for the user.”
Furthermore, the crypto exchange is supporting the Mines of Dalarnia (DAR) token swap and rebranding to Dar Open Network (D). The DAR to D token swap will automatically be complete for DAR holders on KuCoin.