KuCoin Announces One-stop Exchange Solution KuCloud
KuCoin, an IDG-backed global crypto exchange has announced the launch of its latest product KuCloud— the one-stop cryptocurrency trading platform. It is an advanced white-label solution with world-class, secure, scalable and high-liquidity infrastructure technology for crypto spot and futures exchanges.
The new KuCloud currently offers two products under its banner viz., XCoin and XMEX, while delivering key functionalities of the KuCoin Spot platform and KuMEX Futures platform. The functionalities of the platform also include the company’s standard world-class architecture, risk-management system, high market depth & liquidity, all-around customer support and more.
The white-labeled solution offered by KuCloud makes it easier for partners to set up their own cryptocurrency exchange platforms. The entire process of creating a custom exchange to suit local market needs, complete with features like spot trading, margin trading, staking, fiat gateway and up to 150x leverage futures trading takes as less as 72 hours. The highly scalable KuCoin architecture further enables KuCloud to provide additional customization options to partners.
“The idea of KuCloud started in 2018 as a concept called ‘subnets’, with which we intended to give our exchange a powerful advantage when expanding into new markets since each new exchange can act as a separate entity”, said Johnny Lyu, co-founder of KuCoin. ” Now we go one step further and upgrade the ‘subnets’ to KuCloud, eliminating the difficulties and hassle of opening a crypto exchange, allowing all our partners to build crypto-related platforms with us to contribute to the liquidity and mass adoption of crypto.”
Currently, KuCloud is offering an early bird privilege of zero-cost crypto exchange set up and launch, which could result in savings on R&D and implementation time and costs worth millions of dollars for exchange operators. These savings could be put to better use to help operators gain an advantage over their competitors in today’s fast-paced, cost-intensive crypto market.
Irony: Bitcoin Relies on the Banks It Was Designed to Dethrone
Friday April 03, 2020
With an economic collapse upon us, it has revived discussion around the concepts that prompted the creation of Bitcoin. And although the asset could have its finest hour in the face of the coming...
Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely
Wednesday April 08, 2020
Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels. Ethereum is correcting lower and trading...
The post Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely appeared first on 12bitplay - Bitcoin Play.
The post Irony: Bitcoin Relies on the Banks It Was Designed to Dethrone appeared first on 12bitplay - Bitcoin Play.
The Crypto Market Just Put In a “Reliable Bottom Signal”: Can We Trust It?
Monday April 06, 2020
“Has the crypto market bottomed?” is the question that has been on the minds of Bitcoin traders over the past weeks; after March 12th’s capitulation event, traders have been divided over this question. Despite...
The post The Crypto Market Just Put In a “Reliable Bottom Signal”: Can We Trust It? appeared first on 12bitplay - Bitcoin Play.