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Cryptocurrency exchange KuCoin to release its own non-custodial wallet

7:01 pm, June 1, 2022

The non-custodial wallets MetaMask and Coinbase Wallet have a competitor — the KuCoin crypto exchange has introduced its own analog, KuCoin Wallet.

The new decentralized product will support several cryptocurrencies at once, as well as access to DeFi and non-fungible tokens. KuCoin Wallet will allow users to create a decentralized account in seconds and send, receive, and store BTC, ETH, USDT, USDC, BNB, and other tokens in one place.

Currently, the wallet is still under development, but open beta testing will be available soon. At launch, KuCoin Wallet will also integrate Windvane, an NFT trading platform from KuCoin itself.

It is worth noting that KuCoin Wallet will give users full control over their assets as they will manage private private keys. The exchange assured that the security methods of the new non-custodial wallet have been audited by Hacken.

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