KuCoin launches decentralised wallet and ventures into Web3
KuCoin has officially launched its own crypto wallet with cross-blockchain trading, NFT, Defi, and other web3 functionalities
By Shashank Bhardwaj
Image: Shutterstock
Cryptocurrency trading platform KuCoin is all set to foray into the Web3 world with the launch of its new decentralised wallet. The wallet is live for users and will soon be launched as a mobile application later in June.
KuCoin wallet users will be able to buy, sell, trade, send and receive various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Tether (USDT) and other such tokens. The wallet platform can plug into the KuCoin exchange’s ecosystem. Besides, it provides cross-blockchain and multi-chain aggregation to the users. The wallet is self-custodial in nature. This means that users accord full control and responsibility for their private keys. Its security has been audited by Hacken.
The writer is the founder at yMedia. He ventured into crypto in 2013 and is an ETH maximalist. Twitter: @bhardwajshash

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