Crypto exchange KuCoin launches highly anticipated web 3.0 wallet

The major cryptocurrency exchange KuCoin has finally launched its long-awaited crypto wallet. The new KuCoin Wallet app will be available June 28, the company announces:

Web 3.0 crypto wallet

The KuCoin Wallet is a “user-friendly, secure and professional web 3.0 wallet,” according to KuCoin. The huge exchange wants to lower the barrier to enter the world of web 3.0 with its new app.

The wallet should make it easy to explore and use popular decentralized apps (dApps), financial services and games from the crypto sector. KuCoin says the wallet “redefines the concept of decentralized wallets.”

Multi-chain crypto wallet

In addition, the KuCoin Wallet is a so-called multi chain wallet and supports four major blockchain networks: Ethereum, Polygon, BNB Chain and KCC Chain.

That means that users can use cryptocurrencies like BTC, ETH† USDT† USDC† BNB† KCS and more can be stored in the KuCoin Wallet.

Also, the KuCoin Wallet is suitable for buying, storing and displaying non-fungible tokens (NFT)† That goes in combination with the KuCoin ‘Windvane’ NFT marketplace. This makes the KuCoin Wallet a “one-stop-shop” platform for all your crypto needs.

The launch of the KuCoin Wallet follows a long beta phase. The company reports that the app has been greatly improved based on user feedback. This includes improvements to the performance, stability and security of the app. As many as 3 million users registered for the beta, reports KuCoin.

Launch euro crypto trading pairs

KuCoin launched in 2017 and is now one of the largest exchanges in the crypto world, with a user growth of no less than 500% to more than 18 million customers by 2020. Earlier this year, the exchange took yet $150 million in funding round for a valuation of no less than $10 billion. This week, the major exchange also announced that it is now the euro supports for three new trading pairs: BTC, ETH and USDT.