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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Cryptocurrency»KuCoin Officially Launches Decentralized Crypto Wallet to Offer Users Web 3.0 Services
    KUCOIN OFFICIALLY LAUNCHES DECENTRALIZED CRYPTO WALLET TO OFFER USERS WEB 3.0 SERVICES

    KuCoin Officially Launches Decentralized Crypto Wallet to Offer Users Web 3.0 Services

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    By Oluwasegun Olukotun on June 1, 2022 Cryptocurrency, NFT

    Leading global cryptocurrency trading platform KuCoin is launching its brand-new decentralized product — KuCoin Wallet, with its website going live for users to access the service starting June 1st.

    The official app of KuCoin Wallet is also expected to launch later in June. Open beta app testing is expected to become available in the coming days. The launch of KuCoin Wallet is a significant endeavor for the KuCoin ecosystem in its effort to expand Web 3.0 exploration. 

    KuCoin Wallet is designed to be a secure and easy crypto wallet that supports multi-chain aggregation powered by the KuCoin ecosystem. It allows users to create a decentralized account for Web 3.0 in seconds and send, receive, and store BTC, ETH, USDT, USDC, BNB, and more tokens in one place.

    Positioned as more than a crypto wallet by granting users access to the Web 3.0 world, KuCoin Wallet will add many leading DeFi, NFT, and GameFi functions to provide users with a convenient experience in the future. At launch, KuCoin Wallet will also integrate Windvane, a one-stop NFT marketplace, to enable users to buy, store, and view their NFT collections directly within the wallet.

    Security is another essential feature of KuCoin Wallet. As a self-custodial wallet with security techniques audited by Hacken, KuCoin Wallet gives users full control of their assets since they manage their own private keys.

    Johnny Lyu, the CEO of KuCoin, said: “As the gateway to the Web 3.0 network, crypto wallets are an important requirement for users to participate in the decentralized ecosystem and have developed far more than being a mere tool to store digital assets. The launch of the official website of KuCoin Wallet is additional proof that shows the determination of KuCoin to enter the Web 3.0 field at a critical time, with our goals going beyond centralized trading services and entry into the decentralized world to extend its business further.”

    According to Jeff Haul, Head of KuCoin Wallet, “KuCoin always hopes to better cater to the needs of all classes of investors. The release of the official website of KuCoin Wallet is one step further for KuCoin to make an exploration in Web 3.0.”

    Previously, KuCoin announced that it will launch its decentralized NFT marketplace, Windvane, and has established a $100 million Creators Fund to empower the development of Web-3.0.

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    Oluwasegun Olukotun

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