KuCoin is a platform containing all activities related to cryptocurrency. The KuCoin site is a solution to all your crypto trading problems. KuCoin is a cryptocurrency exchange that prefers its customers first. In this world of competition among the different crypto exchanges, people think KuCoin never list their competitor’s native tokens on their site. However, you wonder to find that KuCoin lists all of the best crypto tokens, whether they belong to their competitors or not. To support web 3.0, we discuss the investing of KuCoin in metaverse crypto, stocks, and gaming.
KuCoin labs invest about 100 million USD to support the Metaverse. The main goal of this investment is to empower the Metaverse and invest in new projects of Web 3.0 from the start. The main goal of this ecosystem is to support the different projects related to Metaverse, GameFi, NFTs, decentralized structure, and other advanced projects. Different mining pools like the Bitcoin mining pool are also supported by KuCoin as well.
KuCoin labs take part in different advancements in crypto infrastructure. You can also see different cross-chain bridges between Ethereum and Bitcoin. These new infrastructure bridges take an important step in reducing the gas fee of Ethereum. KuCoin labs are highly interested in such projects in the best interest of crypto lovers. These steps also play a vital role in the success of the crypto industry.
NFTs And Metaverse
The success of NFTs is a major step from the KuCoin. The merch of Defi and the gaming industry play important roles in Metaverse advancement. Different ecosystems were introduced after this combination supported the growth of NFTs.
Growth Of Defi
The Defi is growing spectacularly by providing a decentralized solution to many people interested in Web 3.0. The new protocols and projects are released to promote the Metaverse worldwide. Defi gives more control to users and guarantees high-level security to them. This transparency controls a high number of individuals in the Metaverse world. Therefore, KuCoin labs set a certain fund for Defi integrated projects and enable the Defi ecosystem on their website.
One of the main reasons to attract many people to the crypto industry is providing high-class security to their funds. Many people care about their wallet protection against cyber-attacks in the crypto market. KuCoin ensures high-level security through different programs for this purpose. Safeguard program is one of the best examples of it where the user’s wallets are fully insured.
KuCoin was launched in 2017 and has grown very fast throughout the world. It operates in about 200 countries. You will find different currencies, including one of the most powerful TRX prices, and live charts on the KuCoin site. From the first day, KuCoin has played a significant role in the growth of Metaverse. KuCoin lab’s investment is a big sign of this support. They take part in the development of the gaming industry, NFTs, and different other infrastructures. KuCoin also invests in hundreds of projects every month to support Web 3.0.