Kpay launches Mongolia’s first cryptocurrency for Seamless

ULANBAATAR, Mongolia, July 10, 2021 (GLOBE NEWSWIRE) – With the growth of the online payments industry, the internet and technology have continued to improve the very existence of our lives. Payment giants like PayPal, Skrill, WeChat AliPay, and Stripe offer seamless cross-border payment services in different countries. As good as it sounds, these payment gateways have also denied so many countries access to their services including Mongolia.

Most Mongols have the option of using traditional banks and financial institutions to make international payments. However, in an effort to free Mongolians to enjoy seamless cross-border payments, the Kpay team is happy to announce the introduction of Khaan Coin to the crypto community. Khaan Coin is Mongolia’s first cryptocurrency to hit the crypto space.

Khan’s Coin (KCOIN)

Khaan Coin, with the symbol KHN, is Mongolia’s premier cryptocurrency. It is the native token or currency of the Kpay ecosystem. Kpay users can use this token to purchase goods and services on the Kpay platform. They can also use the token to pay their transaction fees and get a discount.

KCOIN is expected to deliver maximum value to Magnolia, as payment giants like PayPal, Skrill, WeChat, AliPay, and Stripe don’t work in the state. What else? Users can use KCOIN to facilitate real-time cross-border payments.

Why the Khan piece?

When it comes to online payment services in Mongolia, Kpay is second to none. Kpay relies on Khaan Coin to help digital entrepreneurs send and receive cross-border payments.

Khaan Coin is designed and developed based on Binance’s BEP20 protocol, which means the network transaction fees will be very low compared to other online payment services. Below are the reasons why you should consider using Khaan Coin for your cross-border transactions:

Low transaction fees

Compared to traditional banks and other financial institutions, transactions on Khan Coin are inexpensive. Banks usually charge all kinds of fees, ranging from VAT to maintenance fees and operating costs. But on the Kpay ecosystem, you don’t pay any of these fees.

Fast transaction

Instead of waiting days for your bank to transfer funds from your account to pay your vendors, contractors, and freelancers, you can use Khaan Coin to facilitate quick transactions. All payments on the Kpay platform are instant without any delay.

Crypto payment

Khaan Coin guarantees smooth crypto payment. If you are a crypto trader, once Khaan Coin is launched on an exchange, you will have the option to trade Khaan Coin for profit. You will also be able to wager and farm this token to generate passive income.

About Kpay

Kpay is an online payment provider that is ready to provide top notch cross border payment services. Banking services have gone beyond the shore of any country; more so, payment processors like PayPal, Skrill, WeChat, AliPay, and Stripe have continued to prevent Mongols from offering online services to their customers across the world. These payment processors are the main players in the industry. So, will an average Mongolian receive funds from other countries?

This is exactly where Kpay comes in via the Khan coin. Khaan’s coin helps Mongols facilitate cross-border payments quickly. Whether you are an Affiliate Merchant, Online Merchant, or Independent Business Owner, you can use this Kpay to receive funds from your customers around the world. Khaan coin’s mission is to connect the world so that Mongols can easily send and receive cross-border payments.

Media contact:

Company: Kpay
Contact: Roney
E-mail [email protected]

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