1inch Integrated KuCoin Wallet To Improve Token Swap
Cryptocurrency exchange KuCoin will introduce native token swap functionality to its internal wallet after integrating the application programming interface of decentralized finance (DeFi) market maker 1inch.
1inch’s Pathfinder algorithm will enhance the functionality of KuCoin Wallet, the exchange’s recently launched decentralized wallet platform, featuring cross-chain trading, DeFi support, and NFTs.
The algorithm will aggregate liquidity from over 250 sources from automated market makers and active market makers across the DeFi ecosystem. 1inch connects to liquidity sources on nine blockchain networks, offering a wide range of tradable asset pairs.
The partnership will also allow KuCoin Wallet users to access the 1inch limit order functionality. These orders are executed at a predetermined price before being reached. This includes unlimited gas orders for Ether (ETH), requests for quotes on the blockchain, and other tokens that require a license instead of transaction approval.
KuCoin Wallet head Jeff Haul noted that 1inch had established itself as a leader in the DeFi aggregation space, and its functionality will improve the offering of KuCoin Wallet to users:
“Swap is a high-frequency feature of the wallet, and 1inch is one of the most popular DEXs in the Web3 industry, so we’re working together through native integration to provide a smooth and cost-effective trading experience for our users.”
KuCoin launched the KuCoin Wallet in June 2022 and hinted that support for DeFi, NFT, and GameFi is coming soon. NFT functionality was initially provided by KuCoin’s proprietary NFT marketplace, Windvane.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Author
News
1inch Integrated KuCoin Wallet To Improve Token Swap
Cryptocurrency exchange KuCoin will introduce native token swap functionality to its internal wallet after integrating the application programming interface of decentralized finance (DeFi) market maker 1inch.
1inch’s Pathfinder algorithm will enhance the functionality of KuCoin Wallet, the exchange’s recently launched decentralized wallet platform, featuring cross-chain trading, DeFi support, and NFTs.
The algorithm will aggregate liquidity from over 250 sources from automated market makers and active market makers across the DeFi ecosystem. 1inch connects to liquidity sources on nine blockchain networks, offering a wide range of tradable asset pairs.
The partnership will also allow KuCoin Wallet users to access the 1inch limit order functionality. These orders are executed at a predetermined price before being reached. This includes unlimited gas orders for Ether (ETH), requests for quotes on the blockchain, and other tokens that require a license instead of transaction approval.
KuCoin Wallet head Jeff Haul noted that 1inch had established itself as a leader in the DeFi aggregation space, and its functionality will improve the offering of KuCoin Wallet to users:
“Swap is a high-frequency feature of the wallet, and 1inch is one of the most popular DEXs in the Web3 industry, so we’re working together through native integration to provide a smooth and cost-effective trading experience for our users.”
KuCoin launched the KuCoin Wallet in June 2022 and hinted that support for DeFi, NFT, and GameFi is coming soon. NFT functionality was initially provided by KuCoin’s proprietary NFT marketplace, Windvane.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Other Posts
Related Posts
Latest
5 Best Crypto Coins for November 2024: Experts Picks for Early Investors
From $0.0212 to $0.25: Why This Is the Best Crypto to Buy This Week Amid Bhutan’s $33M BTC Sale and 31% Surge in LTC Holdings
CoinList to develop the DePIN Market with the First DePIN Collaboration with U2U Network this Q4
Press Release
5 Best Crypto Coins for November 2024: Experts Picks for Early Investors
From $0.0212 to $0.25: Why This Is the Best Crypto to Buy This Week Amid Bhutan’s $33M BTC Sale and 31% Surge in LTC Holdings
