Bitkub Joins Hands with Deemoney, Kub Coin Gains 6%

The use of cryptocurrencies in everyday life is becoming increasingly popular in Thailand. Now, Thai giant Deemoney announced a partnership with Bitkub offering bonus income and employee benefits.

Bitkub announces a partnership with Deemoney to expand the distribution of cryptocurrency in the country.

Deemoney is a fintech company specializing in cross-border money transfers in Thailand. In March 2020, the company announced a partnership with Ripple, under which the company will use RippleNet technology to send money transfers to Thailand through major payment gateways from South Korea, Indonesia. Singapore, Israel, the Middle East, and the Persian Gulf. Currently, over one million Thais work around the world and need to transfer money home.

The price of the KUB coin has increased by 6% in the last 24 hours to 255.25 baht.

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