KuCoin, one of the largest cryptocurrency exchanges globally, has announced a partnership with Umy, a Web3 travel and lifestyle platform, for integrating KuCoin Pay, streamlining the process of booking travel using cryptocurrency.
Partnership of KuCoin Pay and Umy
KuCoin Pay, the payment service of the KuCoin exchange, has partnered with Umy, a Web3 travel and lifestyle platform. This partnership will allow KuCoin users to book hotels, flights, and use other Umy services with cryptocurrency directly through its global booking network.
Services Available through KuCoin Pay
The integration will enable KuCoin users to comfortably and securely pay for travel services without facing traditional banking intermediaries or currency conversion. KuCoin Pay supports over 50 cryptocurrencies, including KCS, USDT, USDC, and BTC.
Statements from KuCoin and Umy Leadership
Kumiko Ho, Head of Payment Business at KuCoin, stated: "Our mission at KuCoin Pay is to bridge crypto with everyday life, and travel is one of the most exciting frontiers." Alex Lee, CEO of Umy, commented, "Partnering with KuCoin Pay enables travelers to seamlessly use their crypto assets for bookings, making the experience more efficient and borderless."
The partnership between KuCoin Pay and Umy is a significant step towards integrating cryptocurrency into everyday services, opening up new opportunities for travelers worldwide.