KuCoin, a leading global cryptocurrency trading platform, is launching its new decentralized product KuCoin Wallet, whose website will be available for users to access the service from today.
The official KuCoin Wallet app is also expected to launch by the end of June. Open beta testing of the app is expected to be available in the coming days.
KuCoin Wallet Launch
The launch of KuCoin Wallet is an important effort for the KuCoin ecosystem in its effort to expand Web 3.0 exploration.
At launch, KuCoin Wallet will also integrate Windvane, the cryptocurrency exchange’s NFT marketplace, to allow users to purchase, store and view their NFTs. In the future, KuCoin Wallet will add other DeFi, NFT and GameFi features.
— KuCoin Wallet (@KuWallet) June 1, 2022
KuCoin Wallet is designed to be a secure and easy-to-use crypto wallet that supports multi-chain aggregation powered by the KuCoin ecosystem. Users can create a decentralized wallet account and send and receive crypto tokens, including and send, receive and store BTC, ETH, USDT, USDC and BNB, among others.
As a self-custodied wallet with Hacken audited security techniques, KuCoin Wallet users have full control of their assets as they manage their own private keys.
“As a gateway to the 3.0 network, cryptocurrency wallets are an important requirement for users to participate in the decentralized ecosystem and have evolved far beyond being a mere tool for storing digital assets,” said Johnny Lyu, CEO of KuCoin. “The launch of the official KuCoin Wallet website is further proof of KuCoin’s determination to enter the Web 3.0 arena at a critical time, with our goals going beyond centralized trading services and entering the decentralized world to expand its business.”
According to Jeff Haul, head of KuCoin Wallet, “KuCoin always hopes to better serve the needs of all classes of investors. The launch of the official KuCoin Wallet website is one more step for KuCoin to make an exploration into Web 3.0.”
In April, KuCoin announced that it will launch its decentralized NFT marketplace, Windvane, and has established a $100 million creator fund to power Web3 development.
Using its $100 million investor fund, KuCoin recently invested in Joyride, a blockchain gaming infrastructure provider. Joyride is one of the first companies to enlist in the $100 million Creators Fund program.
KuCoin also recently raised $150 million in a pre-Series B funding round, bringing total investments to $170 million with the combined A round, with a total valuation of $10 billion.
KuCoin Wallet is a secure and easy-to-use cryptocurrency wallet that supports multi-chain aggregation powered by the KuCoin ecosystem. With KuCoin’s security expertise and leading security technology audited by Hacken, KuCoin Wallet is a self-custodial wallet, where users have full control of their assets.
We are thrilled to announce that #KuCoinWallet WEBSITE IS NOW LIVE!🔥🔥🔥
We invite you to visit us at 👉 https://t.co/hzKUd4Ae3N
— KuCoin Wallet (@KuWallet) June 1, 2022
KuCoin Wallet provides the easiest way for users to manage multi-chain assets and allows them to purchase, store and view NFT collections directly within the wallet. KuCoin Wallet is a gateway to the Web 3.0 world for all cryptocurrency lovers.
Windvane is a more open and inclusive decentralized NFT marketplace powered by KuCoin, which will serve as a driving force in the industry. We are committed to creating a comprehensive and highly compatible platform that will openly support all major NFT blockchains.
In our plan, Windvane will offer KuCoin’s huge user traffic and the support of major KOLs and communities to help the platform launch projects. At the same time, everyone can select all NFTs on the KuCoin cross-chain aggregator, a one-stop shop for the world’s top NFTs on Windvane.
And you still don’t have a Kucoin account? Create it HERE!
Disclaimer: Some of the links on this page could be affiliate links, where I earn a commission if you make a purchase via my link. This helps me continue to create the free content that I put out.