There is a new crypto wallet that allows users to set up a decentralized account in a few simple steps, giving them access to all that Web3 has to offer.
A new wallet from a major cryptocurrency trading platform is designed to assist users to take full advantage of what Web3 has to offer.
Customers may use the KuCoin Wallet to open a decentralized account in just a few clicks, allowing them to receive, transmit, and store major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC.
The purpose of the product is to be more than a cryptocurrency wallet — and new features will expand directly to NFT collectors, DeFi investors, and GameFi fans in the near future.KuCoin also announced that it has integrated Windvane, a “one-stop” marketplace for nonfungible tokens, into its wallet to allow collections to be purchased, stored, and viewed easily.
The KuCoin Wallet is a self-custodial wallet, which means that customers have complete control of their money and manage their own private keys. To provide users with additional security, the platform has been thoroughly audited by Hacken.
Modern crypto wallets, says Johnny Lyu, the CEO of KuCoin, are much more than a storage location for digital assets. They’re now a passport to a decentralized world and a doorway to all things of Web3.
According to him, the exchange is striving to extend its business service by going beyond traditional centralized exchanges.
Users can store their NFTs in one place, go through the verification stages to use their favorite avatars as profile photos on social networks, and feel secure because once a decentralized account has been established using KuCoin Wallet, they are safe to keep them there.
The straightforward app also allows trading and lending, with the wallet functioning as a login for play-to-earn games.
KuCoin Wallet claims to give “full coverage” of Ethereum dApps, Polygon, KuCoin Community Chain, Binance Smart Chain, and other platforms in its software.
The Web3 industry is currently worth billions of dollars, and it is anticipated to increase significantly by the end of the decade as old tech giants and new startups alike race to launch cutting-edge platforms.
KuCoin’s new wallet, which comes with years of expertise serving the crypto community, aims to make sure everyone can enjoy all that this new era of the internet has to offer — simply and safely.