Hassan Maishera
KuCoin Wallet, the official Web3 wallet of the cryptocurrency exchange, KuCoin, announced over the weekend that it had entered a strategic partnership with the Polygon Network, the leading Layer 2 platform for Ethereum scaling and infrastructure development and one of the largest blockchain infrastructure providers around the world.
According to its press release, KuCoin Wallet said it strives to facilitate fast, efficient, and secure management of various digital assets for its users while allowing them to have full control of their private keys and, thus, full ownership of their digital assets.
Meanwhile, Polygon continues to work hard to solve the scalability and usability challenges while considering leverage and decentralization as the backbone for existing developer community-based ecosystems. It's newly launched Polygon zkEVM Public Testnet ensures greater capital efficiency while enabling projects to build fast, low-fee decentralized applications on Ethereum and Polygon PoS.
The team commented that the full integration of the Polygon ecosystem would make transactions on KuCoin Wallet faster and cheaper and provide KuCoin Wallet users with easy access to various DApps on Polygon.
While commenting on this latest development, the head of KuCoin Wallet, Jeff Haul, said;
“We are excited to work with Polygon, which has been dedicated to building a thriving ecosystem and continuously expanding its technical capabilities. With its scalability, speed, and low network fees, we attempt to provide the best experience for our users. Also, Polygon PoS has emerged as a hub for some of the most important Web3 projects. With Polygon as one of our partners, we can integrate more innovative Web3 features in the future to make users explore the Web3 world in a comprehensive way.”
KuCoin Wallet added that it would be launching the Polygon Ecosystem Carnival in association with Polygon, MM Finance, Meshswap, PoolTogether, Stader, and Zignaly with a prize pool of $35,000 and mysterious NFTs.
KuCoin is one of the leading crypto exchanges in the world and has been around since 2017. The Seychelles-based exchange has a user-oriented platform focused on inclusiveness and community action reach and allows users to trade over 700 digital assets.
KuCoin Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation powered by the KuCoin ecosystem. With the security expertise of KuCoin and the leading security technology audited by Hacken, KuCoin Wallet is a self-custody wallet with users having full control of their assets.
The low KuCoin fees make it one of the most attractive cryptocurrency exchanges in the world. Is KuCoin available in the US? At the moment, KuCoin isn’t licensed to operate in the United States. However, with the exchange’s globalization plan currently in motion, KuCoin could be expanding into the North American country soon.
