KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function


The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet.

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KuCoin has launched a decentralized product called KuCoin Wallet.

KuCoin Wallet provides users with encrypted services through GameFi, Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) functions, providing a convenient experience in the Web3.0 space.

Through this cooperation, 1inch’s Pathfinder algorithm will be added to the KuCoin wallet to support users’ cross-chain swap token transactions and DeFi and non-fungible token (NFT) transactions and provide liquidity support for automatic market makers and active market makers.

“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,” said Jeff Haul, Head of KuCoin Wallet, adding that “As a gateway to the Web-3 world, we are willing to integrate any excellent Dapp that can provide high value to our users. This partnership with 1inch is a great start to our journey with more exciting landscapes ahead.”

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In addition, KuCoin wallet users can also use 1inch’s limit order protocol features, including ether (ETH) gasless limit orders, etc.

1inch is a decentralized exchange (DEX) aggregator built on Ethereum. It is a type of liquidity protocol specialized in providing customers with accessible transaction by automatically aggregating offers from other decentralized exchanges.

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