It seems that wallets from cryptocurrency exchanges are becoming more and more popular. Binance and Coinbase already have their own cryptocurrency wallets and now also KuCoin has introduced its own wallet.
I have installed and tested the KuCoin Wallet. Here is what I found out.
Send, Receive, and Store
First of all, the KuCoin Wallet does what a cryptocurrency wallet should do. You can easily send, receive and store your coins and tokens. The official KuCoin Wallet supports multiple blockchains, coins, and tokens including the KuCoin Community Chain KCC.
Managing NFTs
The KuCoin Wallet also gives you the opportunity to manage your NFTs. Supported blockchains are Ethereum, Polygon, BNB Chain, and KuCoin Community Chain. As the KuCoin Wallet supports the Ethereum blockchain, you can also use the wallet for your Publish0x on-chain payouts.
KuCoin Wallet just announced that it will integrate an NFT marketplace powered by Windvane.io directly into the wallet. Then you will also be able to trade your NFTs directly in your KuCoin Wallet.
By the way, the NFT receiving address is the same for all supported networks. So if you have any cool NFT to donate then you can send it to this address. 😎 👇
Connecting to Web3
The coolest feature of the new KuCoin Wallet is probably the Web3 integration. You can access hundreds of different DeFi and Web3 apps like Uniswap, Balancer, and Biswap directly from your KuCoin Wallet.
Simply search for your preferred DeFi service and connect your wallet. If you don't know on which DEX, you can trade your tokens then you can simply use the Swap function and KuCoin Wallet will find the best DEX for your trading pair.
My Final Words
KuCoin Wallet does everything that a proper cryptocurrency wallet should do and even more as it provides an easy gateway to Web3.
Of course, I am also interested in what wallet(s) you are using and if you consider giving the new KuCoin Wallet a try. Let me know and leave a comment below.
At the end of my post, I also like to remind you that my intention in this post is to raise your awareness of the new KuCoin Wallet and my intention is not to replace your own research. However, this article really reflects my own opinion.
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