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KuCoin Wallet integrates 1inch for native swap functionality

KuCoin, one of the leading cryptocurrency exchanges in the world, has announced integration of DEX aggregator 1inch Network to allow for native swaps that will benefit the exchange’s users across the globe.

The 1inch partnership and enabling of native swaps will bring low price and fast transfers to decentralised finance (DeFi), benefitting users across all decentralised exchange platforms, KuCoin noted in a press release shared with Invezz.

To achieve these benefits, the wallet will tap into the DEX aggregator’s Pathfinder algorithm and API to enable cross-chain swaps and give customers faster, cost-effective transfers.

Jeff Haul, Head of KuCoin Wallet said in a statement:

We are always striving to make our product cater to the needs of all investors. Swap is a high-frequency feature of the wallet and 1inch is one of the most popular DEXs in the Web3 industry, so we work together through native integration to provide a smooth and cost-effective trading experience for our users.”

As noted in the press release, KuCoin’s status as a gateway to Web3 will also benefit from this partnership, with the platform opened up to further growth within the broader blockchain ecosystem. Particularly, the exchange expects the 1inch integration will help it expand its presence in the DeFi space, the target being to boost the growth and adoption of Web3 applications among users.

The KuCoin Wallet, powered by the KuCoin ecosystem, is a secure self-custody crypto wallet with multi-chain aggregation support. It is the official KuCoin wallet, serving over 10 million users. The KuCoin exchange launched in 2017 and offers access to over 700 cryptocurrencies to customers across 207 countries.

The platform offers multiple crypto services and features, including spot trading, staking, futures trading and lending.

The post KuCoin Wallet integrates 1inch for native swap functionality appeared first on Invezz.

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Game Boy Owners Can Soon Convert Iconic Devices Into Secure Hardware Wallets

In the near future, Game Boy owners will have the opportunity to convert their devices into a hardware wallet for cryptocurrencies. The project, known as the Game Wallet, was unveiled by Joseph Schiarizzi, a developer hailing from Keyp, a Web3 startup. By employing a physical cartridge, this innovation enables users to harness the power of [...]

The post Game Boy Owners Can Soon Convert Iconic Devices Into Secure Hardware Wallets appeared first on Crypto Breaking News.

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Tether (USDT) is a type of cryptocurrency known as a stablecoin. It is designed to maintain a stable value by being pegged to a reserve of fiat currencies like the US Dollar at a 1:1 ratio. This means that each USDT token is backed by an equivalent amount of real-world currency held in reserve. One [...]

The post Discover the Ins and Outs of Tether (USDt): A Comprehensive Guide to its Functionality appeared first on Crypto Breaking News.

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Tether (USDT) is a type of cryptocurrency known as a stablecoin. It is designed to maintain a stable value by being pegged to a fiat currency, such as the US Dollar, at a 1:1 ratio. This means that for every USDT token in circulation, there should be an equivalent amount of US Dollars held in [...]

The post Unveiling the Mystery of Tether (USDt): A Comprehensive Guide to its Functionality appeared first on Crypto Breaking News.

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Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12

The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the

The post Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12 appeared first on BTC Ethereum Crypto Currency Blog.

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