A major crypto trading platform has unveiled a new wallet that's designed to help users make the most out of what Web3 has to offer.
KuCoin Wallet allows customers to create a decentralized account in a few taps — creating a secure environment where major coins including Bitcoin, Ethereum, USDT and USDC can be received, sent and stored.
The product's designed to be much more than a crypto wallet — and in the coming months, new features will cater directly to NFT collectors, DeFi investors and GameFi enthusiasts. KuCoin has also revealed that its wallet has integrated Windvane, a "one-stop" marketplace for nonfungible tokens, to ensure collections can be bought, stored and viewed with ease.
KuCoin Wallet is self-custodial, meaning that consumers have full control of their assets and manage their own private keys. Its infrastructure has undergone a thorough audit with Hacken to give users peace of mind, too.
According to KuCoin's CEO Johnny Lyu, modern crypto wallets are far more than a place where digital assets are stored — now, they're a passport to decentralized worlds… and a gateway to all things of Web3. He added that the exchange wants to ramp up its business offering by going beyond centralized trading services.
Figures from the platform suggest that KuCoin Wallet has received more than three million registrations for the public open testing around the world — and the rollout is a "significant milestone" for the ecosystem.
Multi-chain aggregation has long been at the heart of this product's offering, with executives having a vision of allowing users to manage their digital assets in one place — even if these cryptocurrencies are spread across multiple chains.
Whereas some Web3 platforms have come under criticism for a
Read more on cointelegraph.com