Tag: KuCoin

  • As Bitcoin Slides Under $60K, KuCoin Institutional Event Highlights a Maturing Market Mindset

    As Bitcoin Slides Under $60K, KuCoin Institutional Event Highlights a Maturing Market Mindset

    As Bitcoin Slides Under $60K, KuCoin Institutional Event Highlights a Maturing Market Mindset

    Bitcoin’s drop below the $60,000 level has once again placed volatility at the center of crypto market discussions. Yet among institutional participants, the reaction appears less focused on short-term price pressure and more on how the industry continues to mature beneath the surface.

    That underlying shift was evident in Hong Kong this week, where KuCoin Institutional hosted its first Premiere 2026 gathering. The event convened more than 100 institutional clients and partners from across global markets, offering a forum to discuss how digital asset infrastructure is evolving during a subdued cycle.

    While previous market rallies often framed institutional adoption around growth metrics and expanding allocations, the tone in Hong Kong reflected a recalibration. Executives and institutional representatives spoke less about upside momentum and more about durability, governance, and operational standards.

    In his address, KuCoin CEO BC Wong emphasized that credibility in digital assets is not forged during bull markets but tested during periods of contraction.

    “Volatility is a natural feature of digital asset markets. Long-term credibility is built not in periods of expansion, but through discipline, transparency, and robust risk management when market conditions are challenging.” — KuCoin CEO BC Wong

    The message underscored a broader industry transition. Institutional engagement, once heavily correlated with price appreciation, is increasingly tied to structural considerations such as compliance alignment, liquidity management, counterparty evaluation, and security oversight.

    KuCoin COO Ethan Cheng pointed to this change as a defining characteristic of the current cycle.

    “Institutional engagement in digital assets is increasingly driven by structural fundamentals rather than short-term price movements. Periods of volatility reinforce the importance of long-term alignment and risk-aware participation.” — KuCoin COO Ethan Cheng

    Throughout the evening, conversations among attendees centered on how institutions are refining internal frameworks for digital asset exposure. Portfolio construction, execution efficiency, liquidity fragmentation, and custodial safeguards featured prominently in discussions. Participants exchanged perspectives on how to balance opportunity with prudence in an environment where price swings remain pronounced.

    KuCoin Institutional hosted its first Premiere 2026 gathering

    The setting itself carried symbolic weight. Hosting an institutional-focused event amid uncertain market conditions signaled continuity rather than retreat. By maintaining engagement during a quieter phase of the cycle, KuCoin Institutional positioned itself within a segment of the industry that views downturns as opportunities to strengthen foundations rather than pause development.

    Market observers note that such gatherings increasingly reflect crypto’s convergence with traditional finance norms. In legacy markets, downturns often catalyze improvements in governance, reporting standards, and risk oversight. A similar pattern now appears to be emerging in digital assets.

    Bitcoin’s sub-$60K move may dominate headlines, but the discussions in Hong Kong suggested a longer-term reorientation. Institutional players are less inclined to chase momentum and more focused on ensuring that infrastructure, transparency, and operational controls can withstand prolonged volatility.

    As digital assets continue to integrate into global financial systems, the durability of institutional frameworks may prove more consequential than short-term price thresholds. The takeaway from KuCoin’s inaugural institutional gala was clear: market cycles fluctuate, but the push toward structural maturity continues regardless of sentiment.

    In that sense, volatility is not merely a market condition. For institutions navigating crypto’s evolution, it has become the proving ground for governance and long-term commitment.

  • 12 Best Crypto Exchanges 2026: Which Platforms Reign Supreme?

    12 Best Crypto Exchanges 2026: Which Platforms Reign Supreme?

    When venturing into the world of cryptocurrencies, selecting the right cryptocurrency exchange is crucial. With numerous platforms available, it’s essential to consider several different factors to ensure a smooth and secure trading experience. Arguably, the most important aspect to consider is the exchange’s reputation and credibility.

    Look for well-established exchanges with a proven track record of reliable service and robust security measures. Research user reviews and check if the exchange has experienced any major security breaches in the past to weed out unreliable and unsecured platforms.

    List of the 12 best crypto exchanges in 2026

    1. Binance – The best all-around exchange with high liquidity and plenty of additional features
    2. PrimeXBT – The best exchange for trading crypto futures and CFDs with high leverage
    3. KuCoin – An exchange that supports over 700 different coins, ideal for altcoin traders
    4. Kraken – A CEX known for its top-tier security, the best choice for safety-conscious traders
    5. OKX – A CEX with a wide array of features and products, the best alternative to Binance
    6. Bybit – The best exchange for trading crypto futures and crypto derivatives
    7. Coinbase – A USA-based user-friendly exchange with a strong security record
    8. Uniswap – The leading decentralized exchange for convenient token swaps
    9. Crypto.com – Versatile crypto trading platform with its own Visa card
    10. Hyperliquid – Highly efficient decentralized exchange with great UX
    11. MEXC – The best exchange for discovering and trading newly listed coins
    12. PancakeSwap – The leading DEX for the BNB Chain ecosystem and yield farming

    12 Best crypto exchanges: Unveiling the safest and most trusted crypto exchanges in 2026

    While the security of your funds should be your top priority, there are several other factors that make selecting your go-to cryptocurrency exchange a rather complex task. Another crucial consideration, for example, is the variety of cryptocurrencies and trading pairs offered by the exchange. Different exchanges support different digital assets, so ensure that the platform you choose supports the cryptocurrencies you intend to trade.

    Additionally, you should evaluate the exchange’s liquidity and trading volume. Higher liquidity usually translates to better price stability and faster execution of trades. Moreover, consider the fees charged by the exchange, including deposit, withdrawal, and trading fees. Compare the fee structures of different exchanges to find the most cost-effective option for your trading style.

    By carefully considering all these factors, you can make an informed decision and select a cryptocurrency exchange that aligns with your requirements for security, variety, liquidity, and affordability and allows you to pursue the best crypto investment opportunities around the clock.

    To further help you in your decision-making process, we present what we believe are the 12 best cryptocurrency exchanges for retail cryptocurrency traders in 2026:

    1.   Binance – The best cryptocurrency exchange overall

    Binance was launched by serial entrepreneur Changpeng Zhao (also known as CZ) in July 2017. In less than 6 months, CZ grew Binance into the largest digital asset exchange in the world by trading volume. Today, Binance is the largest cryptocurrency exchange worldwide, dominating the market in terms of both trading volume and user base.

    Why did we choose Binance?

    We have chosen Binance as the best cryptocurrency exchange overall due to its competitive fee structure, extensive selection of cryptocurrencies, and diverse range of trading products and features, catering to all types of cryptocurrency investors and traders. On Binance, users can engage in spot trading, margin trading, as well as futures and contracts trading of over 400 cryptocurrencies. 

    Binance supports fiat trading pairs and even offers a Binance Card, which allows you to easily spend your crypto for day-to-day expenses. The platform also offers additional features such as lending and staking, allowing users to earn a yield on their idle crypto assets.

    However, it’s important to note that Binance does not accept customers from the United States. US-based traders can resort to Binance.US, although this US-focused branch of Binance offers fewer features and lists a narrower range of cryptocurrencies. In addition, Binance does not have a clean sheet when it comes to the security of the funds, as the exchange’s wallets got hacked in 2019.

    Pros:

    • Unparalleled liquidity among all exchanges
    • Wide range of listed cryptocurrencies (400+)
    • Margin trading and crypto futures are available
    • One of the lowest fees in the industry (0.075% when paid with BNB)
    • Numerous staking and lending products offered
    • Crypto debit card with up to 2% cashback

    Cons:

    • Binance.US, which is available to United States residents, has much fewer features and lists fewer cryptocurrencies.
    • Experienced a hack in 2019, resulting in the theft of 7,000 BTC

    2. PrimeXBT – The best exchange for trading crypto futures and CFDs with high leverage

    Founded in 2018, PrimeXBT has become one of the leading platforms for trading cryptocurrency futures and contracts for differences (CFDs). It caters to both retail and professional traders who want access to a wide variety of asset classes under one roof — including crypto, commodities, forex, and stock indices — while maintaining a clean, user-friendly interface.

    Why did we choose PrimeXBT?

    PrimeXBT distinguishes itself with its focus on leveraged trading and advanced trading features. Traders can access leverage of up to 1000x on certain cryptocurrency products, significantly amplifying their market exposure. In addition to major crypto assets like BTC, ETH, and LTC, the platform supports trading on commodities (such as gold and oil), forex pairs (like EUR/USD and GBP/USD), and major stock indices including the S&P 500 and NASDAQ.

    The platform has competitive fees, with crypto futures trading fees starting at 0.01% for makers and 0.015% for takers, while CFD spreads start from 0.1%. PrimeXBT also integrates professional-grade charting tools, indicators, and technical analysis features, making it a suitable choice for experienced traders who rely on precision and flexibility.

    While it doesn’t offer spot trading and has a smaller selection of cryptocurrencies compared to large CEXs, PrimeXBT fills a valuable niche for users looking to trade with leverage across multiple asset classes.

    Pros:

    • Up to 1000x leverage for certain products
    • Competitive fee structure, with fees starting from 0.01%
    • Ability to trade a wide variety of assets beyond cryptocurrencies
    • Extensive range of trading tools and advanced order types

    Cons:

    • No spot markets
    • Relatively limited selection of supported cryptocurrencies

    3.   KuCoin – The best exchange for altcoin trading

    KuCoin is a prominent cryptocurrency exchange renowned for its extensive selection of cryptocurrencies, including low market cap coins that are often scarce on other major exchanges. This altcoin-focused exchange was established in 2017.

    Why did we choose KuCoin?

    With nearly 1,000 different cryptocurrencies available for trading, KuCoin reigns supreme among large centralized exchanges in terms of the availability of different digital assets. By offering margin trading, crypto futures trading, crypto lending, NFTs, and various other products, the platform also proves that it is not merely a simple exchange for low market cap altcoins. KuCoin also features “Beginner Zone,” a designated section for newcomers entering the crypto space, where they can learn about crypto and blockchain and earn crypto rewards along the way.

    KuCoin has gained recognition among the crypto community and is one of the largest cryptocurrency exchanges by trading volume, making it a reliable choice for users seeking a comprehensive crypto exchange experience. However, it should be noted that KuCoin is not licensed to operate in the United States.

    Pros:

    • An extensive list of supported cryptocurrencies (1,000+)
    • Offers spot trading, margin trading, and crypto futures
    • Competitive fee structure
    • Integrated NFT marketplace, launchpad, and beginner zone
    • Features several lending products

    Cons:

    • Not licensed to offer services to residents of the United States
    • Suffered a notable security breach in 2020

    4.  Kraken – The centralized exchange with the best security

    Kraken was founded in San Francisco, California, in 2011. Kraken was among the pioneers of the cryptocurrency exchange business and was one of the first Bitcoin exchanges to be listed on the Bloomberg Terminal.

    Why did we choose Kraken?

    We have selected Kraken as the best centralized exchange in terms of security because of its outstanding security track record. Over more than a decade of operation, the exchange has not reported a single compromise of its wallets. Besides being among the first exchanges to offer users security features such as 2-factor authentication, Kraken apparently also takes good care of users’ funds in the exchange’s cold and hot wallets. This solidifies Kraken’s position as one of the safest cryptocurrency exchanges.

    Although Kraken may not list as many cryptocurrencies as some competitors like Binance and KuCoin, it still offers a diverse selection, ensuring users can find the coins they desire, excluding those with very low market capitalization. The base trading fees are also a bit higher than with some other exchanges (makers pay 0.16% and takers pay 0.26%).

    Pros:

    • Unbeatable security track record
    • Excellent and prompt customer support
    • Lists several fiat-crypto trading pairs
    • The trading interface can be customized
    • Supports staking of several coins and tokens directly from the platform

    Cons:

    • Fewer listed cryptocurrencies compared to some competitors (around 200)
    • Trading fees are higher than those of some competitors

    5.   OKX – A versatile crypto exchange with a wide range of features

    Established in 2017 by Star Xu, OKX is not the oldest nor the youngest cryptocurrency exchange on our list. Nevertheless, since 2017 OKX has grown to become one of the prominent cryptocurrency trading platforms, consistently ranking among the top 5 exchanges in terms of trading volume.

    Why did we choose OKX?

    OKX impresses with its comprehensive range of features designed for both crypto investors and traders, offering an extensive selection of diverse cryptocurrencies. OKX’s trading platform manages to satisfy the needs of various crypto participants, including newcomers, Web3 enthusiasts, and traders seeking professional-grade trading capabilities.

    Users can engage in spot markets, margin trading, crypto futures, options, and other products, allowing for versatile trading with cryptocurrencies. Additionally, OKX provides staking and lending products for those interested in earning yield on their crypto holdings. OKX also has a designated dashboard that facilitates interaction with decentralized finance (DeFi) protocols across different blockchain networks.

    Pros:

    • OKX provides a full suite of features
    • Suitable for both beginners and professional users
    • Has low trading fees (Base fees are 0.14% for makers and 0.23% for takers)
    • Easy interaction with Web3 applications
    • Lists more than 300 cryptocurrencies 

    Cons:

    • Does not offer services to customers from the United States
    • It does not support fiat deposits (crypto can be bought using a credit card, though)
    • No fiat trading pairs

    6.   Bybit – The best exchange for trading crypto derivatives

    Established in 2018 as a cryptocurrency exchange specializing in derivatives products like futures, Bybit has evolved over the years to become a top-tier platform catering to diverse investors and traders.

    Why did we choose Bybit?

    Bybit is a derivatives-focused exchange renowned for its BTC/USD perpetual contracts, providing traders with leverage of up to 100x. The platform boasts live 24/7 multilingual customer support and offers exceptional order execution speeds, ten times faster than the industry average. Bybit stands out with its unique Bybit Launchpad, enabling users to participate in token sales from emerging crypto projects. The exchange also features copy trading functionality, which enables the automatic replication of trades made by high-performing traders.

    With a focus on comprehensive safety measures, financial industry-grade risk management, and an intuitive and customizable user interface, Bybit ensures a seamless trading experience for almost every kind of cryptocurrency trader.

    Pros:

    • Comprehensive futures and margin trading options with up to 100x leverage
    • Competitive fee structure (base fee is 0.1% for both takers and makers)
    • Copy trading mode and trading bot function
    • Offers opportunities for earning yield through lending products

    Cons:

    • Does not offer services to customers from the United States

    7.   Coinbase – The best exchange for beginner traders

    Coinbase was established in 2012 and has since then emerged as a prominent player in the cryptocurrency exchange market. In April 2021, Coinbase became a publicly traded company in the United States. As such it has to suffice much higher standards when it comes to transparency of its operations compared to privately held exchanges.

    Why did we choose Coinbase?

    Renowned for its user-friendly interface, Coinbase serves as a popular entry point for individuals looking to venture into the world of cryptocurrencies. The platform facilitates easy deposits through wire transfers and card payments, positioning it as an ideal platform for beginners. Coinbase also offers plenty of educational materials as well as a learning program, where users have the opportunity to earn cryptocurrencies by engaging with educational materials on different digital assets.

    Coinbase is headquartered in the United States and is therefore the exchange of choice for many U.S.-based traders. Additionally, Coinbase provides various fiat currency trading pairs, enabling direct digital asset trading against currencies such as USD and EUR. Last but not least, Coinbase boasts an exceptional security track record, with no reported instances of wallet breaches.

    Pros:

    • Publicly traded company in the U.S.
    • Exceptional security track record
    • Very easy to use and, therefore, perfect for onboarding beginners
    • Supports fiat deposits and withdrawals
    • Offers several crypto-fiat trading pairs
    • All trading pairs boast high liquidity

    Cons:

    • Higher fees than other CEXs (base taker fee is 0.6%)
    • Low leverage (only up to 3x) that is only available in Coinbase Pro

    8.   Uniswap – The leading decentralized exchange (DEX)

    Uniswap launched on the Ethereum mainnet in November 2018 and has been setting high standards for DEXs ever since. Today, Uniswap v3 is used by a large number of traders and repeatedly posts impressive trading volumes.

    Why did we choose Uniswap?

    We chose Uniswap to represent the decentralized exchanges due to its simplicity, transparency, and ability to facilitate token swaps directly on the blockchain through smart contracts. Utilizing Uniswap, users can perform trades directly from their own wallets without the need for intermediaries or completing KYC procedures. Uniswap naturally supports all ERC-20 tokens, but the emerging tokens usually have rather low liquidity. 

    Nevertheless, Uniswap has become a go-to platform for trading promising tokens before they are listed on centralized exchanges. While Uniswap offers high liquidity and potential for earning profits through liquidity provision, users should be cautious of potential scams (swapping valuable assets for fake tokens) and be aware of potential network congestion that leads to fee surges. Trading fees are 0.01%, 0.05%, 0.30%, 1% depending on the liquidity pool. In addition, the taker also has to cover the gas fees of the transaction.

    Pros:

    • Trading straight from your wallet without third-party involvement
    • The DEX with the highest liquidity
    • No registration or KYC procedures required
    • Allows liquidity providers to earn rewards

    Cons:

    • On average, fees are higher than on centralized exchanges
    • Fees skyrocket when the Ethereum network is congested
    • Scammers will try to sell you fake tokens

    9. Crypto.com – Versatile crypto trading platform with its own Visa card

    Crypto.com is a major crypto exchange that offers a full suite of services for cryptocurrency traders and investors. This includes spot trading, derivatives trading, staking, crypto swaps, a Visa card for spending cryptocurrency balances and much more. 

    Why did we choose Crypto.com?

    Crypto.com is a rock-solid choice for any cryptocurrency investor, as the exchange doesn’t have any major flaws and offers strong liquidity alongside a plethora of features. The exact features available to you will depend on where you live, as Crypto.com has a global presence and has to adhere to local regulations. 

    One of the highlights of Crypto.com is the exchange’s Visa card, which can be used to spend cryptocurrency balances in everyday purchases. The card’s base tier can be acquired for free, although it doesn’t offer any cashback. Higher tiers require users to lock up a certain amount of CRO tokens, but provide cashback rewards (paid in CRO). 

    If you’re someone who’s looking for a reputable exchange to buy and sell crypto and you value having access to more advanced features, Crypto.com is certainly worth considering. However, we should also mention that some of Crypto.com’s most attractive features require users to hold the CRO token, which could be a dealbreaker for some.

    Pros:

    • Large selection of listed cryptocurrencies
    • Reasonable fee structure
    • Users have access to the Crypto.com Visa card
    • Caters to both active traders and passive investors

    Cons:

    • Some of the exchange’s best features require users to hold CRO

    10. Hyperliquid – Highly efficient decentralized exchange with great UX

    Hyperliquid is a decentralized exchange built on top of a customized blockchain platform. Thanks to the blockchain’s focused design, Hyperliquid can handle a large number of orders (up to 100,000 per second) and provides low transaction costs combined with minimal slippage.

    Why did we choose Hyperliquid?

    Unlike most other decentralized exchanges, which are built using the AMM (automated market maker) model, Hyperliquid uses the more traditional orderbook model. This means that anyone who has experience with centralized exchanges is able to easily transition to Hyperliquid, as the user experience is quite similar to centralized exchanges.

    Currently, Hyperliquid can be used to trade over 100 different cryptocurrencies, and traders can access leverage of up to 50x. Like with centralized exchanges, traders on Hyperliquid can choose between market orders and limit orders. When it comes to the customization of limit orders, Hyperliquid supports GTC (good till cancel), IOC (immediate or cancel) and post-only orders. 

    On top of its basic trading functionality, Hyperliquid also provides copy trading. In addition, users can provide liquidity for Hyperliquid’s HLP vault (which handles market making and liquidations) to earn rewards. 

    If you’re interested in trading on a DEX but haven’t had much luck with the DEXes you’ve tried, Hyperliquid is certainly worth a try as it provides a very smooth user experience while listing a solid range of crypto assets and offering high leverage.

    Pros:

    • One of the most efficient and user friendly DEXes
    • Low fees and low slippage
    • Copy trading functionality
    • High leverage (up to 50x)

    Cons:

    • Operates on its own blockchain, which means users have to bridge funds
    • Number of available cryptocurrencies is much lower than on top CEXes and AMMs

    11. MEXC – The best exchange for discovering and trading newly listed coins

    MEXC is a rapidly growing cryptocurrency exchange that stands out for its massive selection of supported assets and its speed in listing new coins. With more than 2,670 cryptocurrencies and over 3,000 trading pairs, MEXC is often one of the first platforms to list trending tokens, including meme coins and other highly speculative assets. This makes it a go-to exchange for traders looking to gain early exposure to new market opportunities.

    Why did we choose MEXC?

    MEXC delivers a full suite of features that can rival many top-tier exchanges. Users can buy crypto with a credit card or bank transfer, trade in both spot and futures markets, and participate in savings programs to earn passive income. The exchange also hosts Launchpads and Kickstarter events that allow users to gain early access to promising projects.

    MEXC has its own native token, MX, which provides holders with reduced trading fees, access to exclusive rewards, and eligibility for Launchpad participation. On the trading side, the exchange charges 0% fees for spot trades and just 0.010% for futures takers, which is highly competitive.

    If your strategy revolves around catching new listings and exploring less established coins, MEXC is one of the best platforms available. However, if your focus is mainly on blue-chip cryptocurrencies like Bitcoin and Ethereum, larger exchanges with deeper liquidity might be a better fit.

    Pros:

    • Quickly lists new coins
    • Lists more than 2,650 different cryptocurrencies
    • Zero spot trading fees
    • Special benefits for MX token holders
    • Launchpad and Kickstarter platforms

    Cons:

    • Not as established as some other leading cryptocurrency exchanges
    • Liquidity can be poor for certain smaller coins

    12. PancakeSwap – The leading DEX for the BNB Chain ecosystem and yield farming

    PancakeSwap is a decentralized finance (DeFi) platform built on the BNB Chain, best known for its automated market maker (AMM). It’s the most popular and liquid decentralized exchange in the BNB Chain ecosystem, enabling users to trade tokens directly from their wallets without relying on a centralized intermediary.

    Why did we choose PancakeSwap?

    BNB Chain has become one of the most active blockchain networks, thanks to its low transaction fees and fast confirmation times, and PancakeSwap sits at the center of this ecosystem. Backed by strong support from Binance, it has grown into a top DeFi protocol with a total value locked (TVL) of over $1 billion, making it one of the largest AMMs in the industry.

    The platform is powered by the CAKE token, which plays multiple roles within the PancakeSwap ecosystem. Users can stake CAKE in Syrup Pools to earn rewards, provide liquidity to earn additional CAKE, and participate in governance by voting on proposals. Beyond BNB Chain, PancakeSwap has expanded to other networks such as Ethereum, Polygon zkEVM, Base, and Aptos, increasing its accessibility across the multi-chain DeFi landscape.

    While PancakeSwap has cemented its position on BNB Chain, adoption on other chains has been more modest. Still, its deep liquidity, broad feature set, and user-friendly design make it a clear leader for DeFi activity on BNB Chain.

    Pros:

    • The most liquid AMM on BNB Chain
    • Extensive product suite that goes beyond basic DEX functionality
    • Trading on BNB Chain is fast and relatively cheap

    Cons:

    • Hasn’t seen a lot of traction on other chains

    Our methodology for selecting the best crypto exchanges

    When assessing a cryptocurrency exchange, numerous factors demand consideration. Here are 7 aspects we focused on while selecting and ranking the top 12 cryptocurrency exchanges for 2025:

    • Security: When assessing cryptocurrency exchanges, security was the number one qualifying factor. We examined the security track record of each exchange and investigated the level of transparency regarding the reserve holdings of each exchange.
    • Longevity: We ranked exchanges that have been in business for an extended period of time higher on our list as compared to emerging platforms.
    • Trading fees: High fees can eat away a large portion of your profits, so we favored exchanges with lower fees. Trading fees as well as deposit and withdrawal fees, were taken into account.
    • Trading features: Exchanges that offer advanced features, such as leveraged trading through margin trading, futures, options, and other instruments, were given higher regard in our assessment.
    • Tailored user experience: We believe that a good cryptocurrency exchange should offer both a simple UI for beginners as well as advanced layouts, which give access to a broader range of customizable options for advanced users.
    • Additional products: Exchanges offering additional products like lending, staking, and NFT marketplace were given bonus points.
    • Availability: We evaluated only exchanges that are available in a large number of jurisdictions, leaving out niche country-specific platforms.

    How to select the crypto exchange that is best suited for you?

    You must be aware that because of every trader’s specific needs, the exchange that is the best for one trader might cause a lot of nuisance to another. This is why you should answer a few key questions yourself before continuing the search for the perfect exchange.

    • Are you an active trader, or do you perform just a few trades per month? If you assume you are going to perform a lot of trades, you should likely steer away from exchanges with high fees. If you only buy or sell crypto every once in a while, low trading fees should not be your top priority. Also, you can check our selection of the best cryptocurrencies to buy for the long term.
    • Which cryptocurrencies are you looking to trade? While most exchanges support most major cryptocurrencies, the support gets more and more limited the lower you move towards, the lower market capitalization coins. Therefore, make sure that the exchange supports your favorite cryptos (especially if you are into low market-cap altcoins).
    • Do you plan to keep the crypto on the exchange for longer periods? Although we strongly recommend moving your digital assets to a hardware wallet or other cold storage, active trading and waiting for a good investment opportunity can require having your funds on the exchange. If you plan to hold crypto in the exchange wallet for an extended period, make sure to prioritize the reliability and security track record of the exchange in your decision.
    • Will you trade using leverage or trade crypto contracts and derivatives? If you only want to trade on spot markets, the additional trading products are irrelevant to you.
    • How do you wish to deposit and withdraw your assets? Some cryptocurrency exchanges only offer crypto-to-crypto trading. Make sure your exchange supports crypto-fiat trading as well as fiat deposits if you want to fund your account using fiat currencies like USD and EUR. The same goes for withdrawals if you want to withdraw to your fiat bank account, for example.

    What is the difference between centralized and decentralized exchanges?

     Centralized exchanges (CEXs) and decentralized exchanges (DEXs) differ in their fundamental operating principles.

    • Centralized exchanges are entities that act as intermediaries between buyers and sellers and have custody over the users’ funds. The transactions and trades are verified by a centralized authority – the exchange itself. CEXs often have user-friendly interfaces, high liquidity, and support for various trading features. However, they require users to trust the exchange with the security and control of their funds.
    • Decentralized exchanges operate on a distributed network without a central authority controlling the trading process. DEXs leverage smart contracts to enable peer-to-peer trading directly between users. The biggest advantage is that users retain control over their funds and can perform trades directly from their wallets. DEXs also offer greater privacy, transparency, and resistance to censorship, as there is no single point of failure. However, DEXs often have lower liquidity and lack more complex trading products compared to their centralized counterparts. In addition, the user interference of DEXs is usually more clunky.

    The bottom line: These are the best crypto exchanges

    Regardless of your cryptocurrency trading habits and goals, it is very likely that the most suitable crypto exchange that will cater to all your requirements is among our selection. To sum up the large amounts of data provided in this article, we have compiled a selection of the top crypto exchanges along with their biggest advantages:

    BinanceKuCoinKraken
    Advantages– High liquidity
    – Low fees
    – Wide range of different products and features
    – Debit card with up to 2% cashback in BNB
    – Features more than 1,000 coins
    – Competitive fee structure
    – A variety of lending and other yield products
    – Exceptional customer support
    – Well-established reputation for maintaining high safety standards
    – Fiat currency pairs
    Best forBest exchange overallBest for altcoin tradingBest for security
    Trading feesUp to 0.1% for both makers and takers (0.075% when paid with BNB)Up to 0.1% for both makers and takers (0.080% when paid with KCS)up to 0.16% for makers, up to 0.26% for takers
    BonusesUp to $100Up to $500Bonuses not offered

    We sincerely hope that our article has assisted you in finding the optimal cryptocurrency exchange that aligns with your needs and preferences.If you want to move your crypto from an exchange account to cold storage, check our list of the best cryptocurrency hardware wallets. For an additional layer of security for your recovery phrase (used to recover crypto in case your hardware wallet is stolen or lost), you can protect it with purpose-made metal devices designed to protect recovery phrases from physical storage.

  • Simple Mining, Smart Gains: KuCoin’s KuMining Unveiled at Token2049, Singapore

    Simple Mining, Smart Gains: KuCoin’s KuMining Unveiled at Token2049, Singapore

    • KuCoin’s cloud mining service launches at crypto’s most premier event, Token2049 in Singapore. 
    • The service will be showcased at the Exhibition for attendees at the event. 
    • KuMining announced more coins and innovative features to launch in future. 

    In a meeting of two crypto giants, KuCoin, one of the leading crypto exchanges globally, has officially launched the KuMining cloud service at crypto’s most premier annual event, Token2049, in Singapore. Attendees at the two-day event can visit the KuMining Exhibition booth to learn more about the service, converse with the team and discuss cloud mining and how it bridges the gap between retail investors and crypto’s core infrastructure.

    “KuMining reflects KuCoin’s mission of advancing ‘crypto for good.’ At TOKEN2049, we reaffirm our commitment to building an inclusive Web3 by empowering individuals to participate in mining’s foundational role,” BC Wong, CEO of KuCoin, stated. 

    The platform offers seamless access to authentic, industrial-grade hashrate for Bitcoin (BTC) and Dogecoin (DOGE), complete with merged mining for Litecoin (LTC). Every contract is backed by audited machines in top-tier facilities, ensuring transparency and trust.

    The KuMining team aim to capture the attention of thousands of crypto and blockchain enthusiasts at the event, giving them a chance to directly use the “next-generation of crypto mining”. The platform’s motto, “Simple Mining, Smart Gains,” represents the team’s vision of offering anyone an opportunity to earn through mining. 

    At the event, KuMining will present its mission to democratize industrial-scale mining, offering transparent, cost-effective, and verifiable hashrate access for retail and institutional users alike. 

    According to Jolie Du, COO of KuMining, the product will make mining accessible to everyone, minimize the risks of centralization and make it affordable to mine Bitcoin, Litecoin and Dogecoin. 

    “TOKEN2049 is the ideal venue to showcase KuMining’s vision,” said Jolie Du, COO of KuMining. “By returning hashrate to real users at fair costs, we enable a future where mining is no longer a privilege, but a shared opportunity.”

    While Token2049 marks the official launch of KuMining, the cloud mining service went live on September 16. It kicked off with over 10 EH/s (equivalent to 10,000 PH/s or 10,000,000 TH/s) in real-time BTC hashrate and 200 TH/s for DOGE/LTC—capturing about 10% of the Dogecoin network – with the hashrate being sold out shortly after. 

    The partnership with Token2049 will provide KuMining the perfect opportunity to launch its product, demonstrating to thousands of crypto enthusiasts how crypto mining is evolving to simple, cost-effective ways. 

    For those not at the event, you can follow the event highlights of KuMining at Token2049 via KuMining’s social media channels using the hashtags #TOKEN2049 and #KuMining.

    More Products To Launch In Future

    In addition to launching KuMining, there is an expectation of more features to be launched during the event. Currently, scaling the platform is the goal for KuCoin in its quest to become the global benchmark for transparent, user-centric mining services and the world’s largest user mining retail services.

    KuMining has announced the possibility of including expanded multi-coin mining options, integration of green energy solutions, and deeper synergy with the KuCoin ecosystem in the future. 

  • KuCoin introduces UBS uMINT collateral support through DigiFT to connect traditional and digital finance

    KuCoin introduces UBS uMINT collateral support through DigiFT to connect traditional and digital finance

    KuCoin introduces UBS uMINT collateral support through DigiFT to connect traditional and digital finance

    Key takeaways

    • KuCoin becomes the first major crypto exchange to support UBS uMINT token as off-exchange collateral for institutional clients.
    • The initiative enables holders to trade digital assets while maintaining ownership of tokenized funds and preserving yields.
    • DigiFT facilitates compliant, non-custodial transactions, with support for both stablecoin and fiat subscriptions and redemptions.

    KuCoin’s new step in tokenized asset integration

    KuCoin has partnered with DigiFT to allow institutional investors holding UBS uMINT tokens to use them as collateral for trading on its platform. UBS uMINT, issued under UBS Tokenize, represents a tokenized money market investment fund launched by UBS Asset Management and operates on the Ethereum blockchain.

    Through this arrangement, tokenholders can keep their assets with a regulated third-party custodian while KuCoin mirrors the holdings with stablecoin equivalents for trading purposes. This structure ensures that ownership remains intact, yields are preserved, and transactions are carried out under a compliance-focused framework.

    KuCoin remains committed to innovation alongside unwavering compliance and security. This partnership with DigiFT to support the UBS uMINT token highlights a significant step forward in exploring the viability and adoption of secure investments for a broader audience. It empowers institutions to unlock tokenized traditional assets for seamless global trading and solidifies KuCoin’s leadership in converging traditional and digital finance.” —BC Wong, CEO of KuCoin

    How the system works

    DigiFT, licensed by the Monetary Authority of Singapore and approved in principle by Hong Kong’s SFC, acts as the authorized distributor for UBS uMINT. Investors can subscribe to or redeem these tokens using stablecoins or fiat currency, while managing custody through their preferred wallet solutions.

    Henry Zhang, CEO of DigiFT, emphasized the capital efficiency benefits of the integration, saying it demonstrates how tokenized real-world assets can improve institutional-grade digital asset infrastructure.

    The move responds to a growing demand for on-chain income-generating assets, providing improved liquidity, reduced operational risks, and a clearer path for regulated participation in tokenized investments.

    Conclusion

    By enabling UBS uMINT holders to trade digital assets without liquidating their positions, KuCoin is bridging the gap between traditional financial instruments and the crypto market. The partnership with DigiFT not only sets a precedent for tokenized money market funds as trading collateral but also points to a broader industry trend of integrating regulated, yield-bearing real-world assets into the digital economy.

  • KuCoin introduces KCS Loyalty Level Program with tiered rewards for token holders

    KuCoin introduces KCS Loyalty Level Program with tiered rewards for token holders

    KuCoin Launches KCS Loyalty Level Program

    Key takeaways:

    • KuCoin’s new KCS Loyalty Level Program introduces four tiers, rewarding users based on their KCS holdings.
    • Benefits include increased staking yields, trading fee discounts, withdrawal fee rebates, and KuCard cashback.
    • To celebrate the launch, KuCoin is hosting airdrops, subscription contests, and exclusive rewards for top-tier participants.

    A new loyalty program for KuCoin’s KCS holders

    KuCoin, a major global cryptocurrency exchange, has unveiled the KCS Loyalty Level Program, a tiered system designed to improve benefits for users holding and staking the platform’s native token, KCS. This initiative introduces structured incentives, encouraging long-term engagement with KuCoin’s ecosystem.

    The program features four tiers—Explorer, Navigator, Voyager, and Pioneer—allowing users to unlock benefits by staking as little as 1 KCS. As users progress through the levels, they gain access to increasingly valuable rewards, reinforcing KCS’s role within the platform.

    Key perks of the program include higher staking yields, additional staking bonuses, participation in GemPool activities, discounts on trading fees, rebates on withdrawal fees, KuCard cashback rewards, and expanded zero-interest credit limits for institutional and VIP participants.

    Special promotions to mark the launch

    To celebrate the introduction of the KCS Loyalty Level Program, KuCoin is launching several promotional events:

    • Airdrop for existing KCS holders – Eligible users who meet a predefined holding threshold will receive an automatic airdrop to their staking accounts.
    • Subscription contest for new holders – New participants in the program can compete for rewards, with prizes distributed based on leaderboard rankings.
    • Exclusive Pioneer-level bonuses – Users who achieve the highest tier can participate in additional promotions to win KCS tokens and trading coupons.

    “This new loyalty program underscores our commitment to enhancing user benefits and solidifying the market value of our platform coin. We’re dedicated to providing our users with more ways to benefit from being part of the KuCoin ecosystem.” —Alicia Kao, Managing Director of KuCoin

    The bottom line

    With the launch of the KCS Loyalty Level Program, KuCoin is providing new incentives for both existing and potential KCS holders, integrating staking benefits with broader platform utilities. As the cryptocurrency market evolves, this program aims to foster a more engaged and loyal user base while strengthening the overall value of KCS within the KuCoin ecosystem.

  • How to Transfer Crypto from KuCoin to BTCC?

    How to Transfer Crypto from KuCoin to BTCC?

    How to transfer crypto from KuCoin to BTCC

    Transferring cryptocurrency between various digital asset exchanges can allow investors to pursue lucrative investment opportunities across a wide spectrum of different platforms that exist in the blockchain space.

    As a rule of thumb, different exchanges are focusing on different aspects of crypto trading. Some exchanges are geared toward supporting as many different digital assets as possible, while others focus on the sheer number of available features and trading tools.

    Founded in 2011, BTCC is the longest-running cryptocurrency trading platform, specializing in providing a top-tier cryptocurrency futures trading experience. In this article, we are going to highlight some of the main benefits of using BTCC and showcase how to move your crypto from KuCoin to BTCC.

    What are the pros of depositing crypto to BTCC?

    As mentioned in the brief introduction, BTCC is a crypto futures contract trading platform, enabling users to turn a profit by correctly predicting future price movements of digital assets. Depending on their needs, BTCC traders can use futures contracts with no expiration date (Daily, Weekly, Quarterly) and no expiration date (Perpetual)

    The highest level of leverage BTCC users can set when trading daily futures is 150x. The exchange allows investors to predict future price movements of a wide range of different crypto assets, including Bitcoin, Ethereum, Cardano, and many others. 

    Here are the main advantages of using the BTCC cryptocurrency exchange:

    • The BTCC crypto exchange has been providing digital asset trading options uninterruptedly since June 2011
    • BTCC users can use up to 150x leverage when day trading Bitcoin and Ethereum derivatives
    • BTCC runs weekly challenges and exclusive promotions that can help investors increase the degree of profitability of their futures investments

    Create an account on BTCC in just a couple of clicks

    Registering an account on BTCC is very simple and takes a very short amount of time. After opening an account, users can, but are not required to supply their personal information. If you wish to register a BTCC account, please proceed by following the link below.

    It is worth mentioning that new BTCC users can take advantage of an exclusive promotion that awards newcomers with up to $3,500 worth of USDT rewards. New users who deposit funds on the platform within 7 days of opening an account are eligible for the promotion.

    Deposit crypto to BTCC from your KuCoin account

    If you’ve never moved your funds between exchanges, there’s no reason to be nervous. The whole process is very simple and takes only a few minutes at most. Follow our step-by-step guide below to see how to transfer your cryptocurrency from KuCoin to BTCC. Keep in mind that the guide showcases the process using BTCC and KuCoin mobile apps. The process is almost identical when using desktop clients. 

    Step 1

    Log in to your BTCC account and click on the “Deposit” button nested in the “Assets” menu.

    Step 2

    Continue by choosing your desired deposit currency. For the purposes of this guide, we will be using Tether (USDT), specifically the ERC-20 variant. Keep in mind that selecting the same blockchain network on the deposit and withdrawal platform is paramount. Selecting a different blockchain network can result in a permanent loss of funds.

    Step 3 

    Click on the “Copy Address” button to store the blockchain address in the clipboard. If you’ve selected a cryptocurrency that requires additional information to facilitate a transfer, like XRP and its destination tag, copy that information as well.

    Step 4

    Log in to your KuCoin account and withdraw the digital asset you wish to move to the BTCC crypto exchange. We will show you how to do it in steps 5 through 9.

    Step 5 

    Select “Assets” from the menu at the bottom of the screen. Continue by selecting the “Main” tab at the top of the screen and then click on “Withdraw”. At this point, it is worth mentioning that KuCoin will ask you to set up two-factor authentication (2FA) and a transaction PIN if this is your first time withdrawing cryptocurrency with KuCoin.

    Step 6

    Search for the crypto you would like to send to BTCC in the search field located at the top of the screen. In our example, we’ll be using USDT. After locating the digital asset, click on it.

    Step 7

    You will be greeted with a “Withdraw Crypto” menu. From here, you can select the parameters of your transaction. First, we will be selecting the blockchain network USDT will be sent on. Click on the “Network” menu (highlighted in red in the image below).

    Step 8

    Select the “Ethereum (ERC-20)” option from the menu. As a reminder, you should always use the same network that was selected when copying the address on BTCC (see Step 2).

    Step 9

    Paste the blockchain address you’ve copied from BTCC and enter the amount of funds you would like to transfer. After setting all parameters of your transfer, click on “Withdraw”. If this is your first time transferring money between blockchain addresses, you might want to send a smaller amount first, to make sure that everything is working as intended.

    Step 10

    Head back to the Assets menu in the BTCC app to see whether the funds withdrawn from KuCoin have arrived. Click on the USDT option to open “Transaction Details” to view detailed information about recent transfers. Keep in mind that the speed of transactions can vary depending on the level of network congestion, so you might have to wait a couple of minutes before funds are deposited in your BTCC account.

    Final thoughts

    By funding your BTCC account, you can tap into a rich cryptocurrency derivatives trading offering with more than a decade-long track record. Hopefully, this article helped you transfer cryptocurrency from KuCoin to BTCC. 

    If you are interested, you can take a look at other similar guides, showing how to transfer crypto to BTCC from Binance US, FTX US, Kraken, and Coinbase:

  • 1inch Partners with KuCoin Wallet

    1inch Partners with KuCoin Wallet

    The 1inch API continues to expand in the DeFi space, now strengthening the swapping functionality of the KuCoin Wallet, focused on opening the gateway to Web3 world to its users. 

    The 1inch Network is thrilled to share that the 1inch API has been integrated into the KuCoin Wallet to launch its native swap feature. The algorithm will enable users to swap tokens on multiple blockchains at the best possible rates.

    As a brand-new DeFi product of the KuCoin cryptocurrency exchange, the KuCoin Wallet made a huge move in increasing its functionality by partnering with the 1inch Network which leading-edge Pathfinder algorithm helps to introduce native swapping at a high level. It instantly provides the most attractive rates based on aggregation of over 250 liquidity sources, which include both AMMs and PMMs. The best path is guaranteed by the automatically swap split between protocols, as long as it makes the exchange favorable. The algorithm can even engage different market depths within the same protocol when splitting.

    KuCoin Wallet users will now appreciate the new swapping experience, which includes:

    • best possible swap rates;
    • access to numerous liquidity sources running on nine most popular networks;
    • a great number of tradable asset pairs;
    • high-level security provided by multiple trustworthy audit teams;
    • benefits from less slippage and lower gas commissions.

    In addition to the impressive array of liquidity sources, attractive swap rates and one of the shortest response time, KuCoin Wallet users will also get access to the 1inch Limit Order Protocol functionality. This type of order is filled at a predetermined price once it is reached. It features gasless limit orders for ETH, RFQ and support of tokens requiring just permits rather than transaction approval.

    “Swap is a high-frequency feature of the wallet and 1inch is one of the most popular DEXes in the Web3 industry, so we work together through native integration to provide a smooth and cost-effective trading experience for our users”, says the head of KuCoin Wallet Jeff Haul.

    KuCoin Wallet takes one step further in offering the KuCoin ecosystem users innovative products and embracing Web 3.0. Designed for easy DeFi trading, it strives to provide customers with all the benefits of the 1inch API-based advanced trading right away.

    “The integration of the 1inch API sets a strong start to the wallet”, says the 1inch Network co-founder Sergej Kunz. “The idea of building a collaborative future in Web3 is beautiful, especially when there’s an opportunity to provide a multi-functional and ready-to-use tool, guaranteeing customers´ full DeFi trading immersion”, he adds.

    Here you can find the information guiding through integrating 1inch APIs to different services.

    Stay tuned for another batch of promising collaborations and integrations from 1inch!

  • Dive Into the Newly Listed tokens on KuCoin: ICON (ICX)

    Dive Into the Newly Listed tokens on KuCoin: ICON (ICX)

    ICON (ICX) cover image

    KuCoin recently listed a wide range of new coins in July, but one of the more recent and exciting listings was ICON (ICX).

    ICON is an open-source layer-1 DPoS blockchain and smart contract platform designed to make blockchains more interoperable with one another. 

    What is ICON (ICX)?

    ICON is a South Korea-based blockchain project launched in 2017 by Min Kim. It aims to be an interoperable blockchain on which multiple industries and business types can coexist on a single network.

    ICON communities and nodes are independently governed with varying rules and consensus algorithms. These respective communities are all connected to the central ICON Republic, which serves as a communication point without governance authority over the individual communities.

    ICON’s enterprise blockchain implementation, Loopchain, is one of the world’s oldest and largest operating blockchain networks. It is being used by some of the largest and most reputable companies in South Korea, including major universities, governments, hospital systems, banks, and financial services firms.

    The ICX token powers the ICON network and will be used as a vehicle for value transfer and transactions. ICX will also be used by DApps built on top of the main network, thus allowing network participants to utilize ICX for various services provided in the ecosystem.

    One of the great things about ICON is that its smart contracts are developed using a general-purpose programming language called Java. This makes the blockchain extremely accessible to a wide range of developers as they don’t have to waste time learning a new programming language. 

    The ICON Foundation oversees the promotion and development of the ICON protocol. In addition, the Icon Republic acts as the center o the Icon blockchain’s operation and governs the process by which new ICX is minted. 

    How does Icon (ICX) Work?

    Unlike Bitcoin, Icon doesn’t actually rely on the process of mining to achieve a consensus on the network. Instead, ICX uses a delegated proof-of-contribution consensus algorithm. 

    The blockchain ensures collaboration between its five separate products:

    • Icon Republic – the network’s governance system
    • Icon Communities – A network of nodes within a single governance system
    • C-Reps – Elected nodes in each community that is chosen to communicate with the Icon Republic
    • C-Nodes – Infrastructure for each community on the network
    • Citizen Nodes – Can make transactions within a community but don’t have voting power

    The algorithm that powers the Icon blockchain is called Loopchain and allows messaging between all the nodes on the Icon Republic. This is a high-performance enterprise blockchain that has smart contract features integrated into it. 

    The project also has a Blockchain Transmission Protocol (BTP) that enables cross-chain communication between any type of blockchain with smart contract functionality. So far, users can bridge assets between ICON and Binance Smart Chain, Near Protocol, Moonriver, and more by using Nexus.

    What is $ICX?

    $ICX is the utility and governance token behind the project. It is used to pay for all transaction fees on the network and to pay stakers a block reward of around 10%. Currently, it pays a 7.87% staking rate. 

    Furthermore, the ICX token can be used as collateralization on various DeFi platforms so you can take out crypto loans.

    ICX was one of the top crypto ICOs in the second half of 2017. They chose the perfect time to launch in the middle of the 2017 ICO craze. The trading started at the end of October 2017 when BTC started rallying from $5k to $20k. ICX rose from $0.40 to an ATH of $12.66 in less than three months. ICO investors that sold it at $12 made an easy 100x ROI as the ICO price was $0.12.

    Coin Analysis

    Icon is currently ranked in the 133rd position, holding a market cap value of $272 million. The coin is now trading down by a total of 98% from its all-time high peak. 

    Long-term Analysis

    Looking at the weekly chart above, we can clearly see the crazy journey ICX has been on over the past two years. The cryptocurrency really started to surge in December 2020 and continued to explode in the first few months of 2021 to set the $3.20 all-time high price in March 2021.

    From there, ICON would go on to fall through the summer of 2021 until support was found at around $0.8 toward the end of August. It would then go on to experience a second rally higher as it climbed back above $2.00 and hit $2.50. Interestingly, ICON could not set a new all-time here when the rest of the industry managed to do so.

    It rolled over in October 2021 and has been in a downtrend ever since.

    During the 2022 market capitulation, ICON dropped from above $1.00 and continued to fall until support was found in the $0.2 range over the recent few weeks.

    For a recovery, the first strong level of resistance to break lies at $0.5. This is followed by $0.81 (bearish .236 Fib Retracement), $1.00, $1.17 (bearish .382 Fib), and $1.50.

    Let’s take a look at the short-term charts to see where we are heading. 

    Short-term Analysis

    The daily chart shows how flat ICX has been over the past few months. The coin was trading above $1 at the start of April but quickly slipped back beneath it as BTC started to unwind. During the market capitulation, ICX found support at $0.6. However, this support eventually broke in May as ICX continued to trend lower until finding a low of around $0.22 in June. 


    Since then, ICX has been trading in a tight range between $0.22 and $0.32. It must break this current range to dictate the market’s next direction. A break above $0.6 would indicate that long-term growth is incoming for ICX, as this is where the 200-day MA level is located.

    Why is KuCoin the go-to platform for trading and investing in this token? 

    KuKoin is known as the “People’s Exchange,” and it is built for all classes of investors. KuCoin is the top 1 altcoin exchange, with 700+ assets and 1,200+ trading pairs. It also includes a number of crypto gems like BLOK, CHMB, VR, KMA, and DAO had their primary listing on KuCoin. 

    KuCoin currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to over 20 million users in 207 countries and regions around the world. 

    According to CoinCodex, KuCoin is a top 5 crypto exchange.

  • KuCoin Is Selling hiBAYC Tokens, Enabling Users to Claim Partial Ownership of BAYC NFTs

    KuCoin Is Selling hiBAYC Tokens, Enabling Users to Claim Partial Ownership of BAYC NFTs

    Bored Ape Yach Club (BAYC) NFT collection cover image

    Key takeaways:

    • KuCoin has launched its first fractionalized NFT project, the hiBAY project
    • hiBAY is an ERC-20 token that represents a 1:1,000,000 share of a Bored Ape Yacht Club (BAYC) collectible stored in the collection vault
    • KuCoin’s inaugural fractionalized project has been launched in collaboration with Fraction Protocol, a company specializing in fractionalized blue chip NFTs

    The new initiative allows users to buy pieces of blue chip NFTs

    The KuCoin cryptocurrency exchange has announced the first project on the Fractional NFTs Platform, the fractionalized Bored Ape Yacht Club (BAYC) collectibles. To obtain an ownership share of BAYC non-fungible tokens (NFTs), users can buy the hiBAYC token at a token sale price of 0.13 USDT.

    KuCoin will sell hiBAYC during the 48-hour promotion that ends on July 29. hiBAYC is an ERC-20 token with an initial token supply of 2 million tokens. Each token represents a 1 millionth ownership share of one BAYC in the collection vault, meaning that each BAYC NFT in the vault is valued at 1 million hiBAYC. The KuCoin team shared the news about the hiBAYC project on Twitter on Tuesday.

    Fractionalized NFTs allow users to invest in well-known and popular digital collectibles at a substantially lower cost than buying the same item in its entirety. Fractionalized BAYC tokens will be tradeable on the KuCoin spot markets. 

    The first fractionalized NFT project launched by KuCoin comes roughly two weeks after the company announced a partnership with Fracton Protocol, a permissionless liquidity and oracle protocol for blue-chip NFTs.

    In related news, KuCoin CEO Johnny Lyu announced the launch of the Anti-FUD Fund yesterday. The fund will reportedly focus primarily on educating people hot to distinguish unsubstantiated and misleading claims from truthful information.