KuCoin is another altcoin, gaining traction from the market, due to their new initiative. They call it the “Trust Project”. KuCoin CEO claimed that the company is investing a staggering $2 billion to boost user safety in their Trust Project.
They also plan to boost the crypto trade’s transparency and ensure a sustainable trading cycle for each customer.
The news broke during the TOKEN2049 Dubai enclave. The KuCoin CEO said they are planning to align the crypto trade with the regulatory niches, in a closer warp. Meanwhile, the project also aims to incorporate many users centric principles also.
The Core Project
The Trust Project’s main focus is infrastructure neutrality. KuCoin also plans to span out responsible innovation and add extra cushions against all kinds of platform risks.
The native token of KuCoin, named KCS has a more crucial role in crypto governance, alongside better ecosystem management and handling the reward programs.
The European CEO of KuCoin said- “We are directing resources that count”. The crux is to build credibility, protect the users and secure the future of crypto trading at a mass scale.
The Coverage
The project is planning to incorporate more than 700 tokens under the banner. The inhouse cois included. You can use the platform for all kinds of trade actions, starting from buying, selling and exchanging coins.
Most analyst platforms say that KuCoin is a safe platform. So, the crypto tribe is hopeful about the greater success of the project!