KuCoin Wallet Officially Rolls Out its Chrome Extension
KuCoin Wallet, a secure and simple-to-use crypto wallet powered by the KuCoin ecosystem, has officially launched a Chrome Extension with vastly enhanced security technology and architecture, ensuring the security of user assets across multiple dimensions and safeguarding the Web3 experience.
Even as the crypto industry grows and user demand diversifies, simple-to-use wallet extensions have become a must-have for all types of users. Despite this, previous security incidents show that assets are stolen almost every year from wallet extensions, affecting a large number of users and resulting in losses of up to $2 billion in 2022. Users’ primary concerns are safety and ease of use. This new launch is designed to be a safe, reliable, and the first wallet with comprehensive Multi-Device Integration, driven by user demands and industry realities.
Speaking on the launch, Jeff, the head of KuCoin Wallet said “With the increase in user demand and the maturity of project development, crypto wallets on PC have become a key portal for users to experience Web3. Their growth cannot be overlooked. The KuCoin Wallet Chrome Extension eliminates potential security risks, such as the leakage of secret phrases, to create a next-generation and secure browser wallet. The wallet allows for multi-device integration and eliminates the need for secret phrase storage on the browser side. We believe that a mobile + app design creates a more secure and robust operating environment. We believe that this technical solution will provide our users with increased security. Users concerned about security can look forward to the release of a hardware wallet connection solution in the future.”
What you should know about the KuCoin Wallet Chrome Extension
The KuCoin Wallet Chrome Extension is a multi-chain wallet that runs on the Chrome browser and seamlessly transfers functionality to mobile devices. Many users have manually imported their wallets in the past due to the separation of PC and mobile wallet management. The platform has truly realized multi-device collaborative operations without the need to import via secret phrases after thoroughly understanding users’ pain points. Users can scan the QR code to log in to the same account on PC and mobile for a unified Web3 DApp experience. Users can manage their wallets in a unified manner via mobile, greatly reducing the potential risks associated with importing critical information such as secret phrases online. KuCoin Wallet also solves the historical problem of incompatibility between wallets on PC and mobile in the most efficient manner.
Furthermore, the KuCoin Wallet has abandoned the traditional solution of storing the secret phrase on the browser entirely in favor of unique storage on the mobile end.
Because of the open nature of software ecosystems, PCs are more vulnerable to malware. The new feature does not require the import of a secret phrase to reduce the risk of malware attacks. To view their assets in real-time, users only need to scan to connect to their PC wallet via WalletConnect. The PC and mobile wallets are seamlessly connected during this process, and users can log in to their wallets without copying and pasting their secret phrases. KuCoin Wallet avoids the potential risks associated with storing secret phrases on the browser, greatly reducing the risk of leaking secret phrases and maximizing user asset security.
Some Features of the KCW Chrome Extension
Users of the KuCoin Wallet can easily access DApps from various chains on their phones and connect to the Web3 network at any time. Furthermore, the release of the Chrome Extension enables users to quickly access DApps rather than scanning QR codes one by one to connect to DApps from their PCs.
KuCoin Wallet, as a self-custodial wallet, prioritizes the security of user assets. As a result, the newly launched feature uses WalletConnect’s double-encrypted transmission system for QR scan connections. Before any message is sent, the body is securely encrypted with AES-256 and sent via a WSS-encrypted long-link protocol. WSS and AES-256 double encryption technology ensure that the transmission process and message content cannot be cracked, significantly enhancing user asset security.
It Eliminates Excessive Authorization Requests
When interacting with DApps via the Chrome Extension, users will receive a confirmation notification on their mobile apps whenever an in-app signature is involved. This ensures that users are aware of sensitive wallet operations and protects them from the implicit authorization of malicious websites.
KuCoin Wallet’s mobile authorization is a critical security feature. All on-chain operations are uniformly authorized via biometrics or password via mobile. This reduces the risk of malware interception on the PC, providing users with a more convenient and secure experience, and ensuring asset protection. Furthermore, KuCoin Wallet users can participate in various decentralized projects and freely explore the Web3 world by using the Chrome Extension.
Other Pecks
Once made its debut, the KuCoin Wallet Chrome Extension is supported by a large number of DApps from various public chains. KuCoin Community Chain, as an important component of the KuCoin Web3 ecosystem, has established close collaboration with KuCoin Wallet. Furthermore, many projects on the KCC network, including the leading lending protocol Torches Finance, DEX MojitoSwap, and other single token staking protocols, support easy access to KuCoin Wallet. KuCoin Wallet will continue to work closely with KCC in the future.
One-Stop Multi-Chain Asset Management
The KuCoin Wallet Chrome Extension currently supports multi-chain asset management on the Ethereum, BNB Chain, Polygon, and KCC (KuCoin Community Chain) networks. Tokens such as ETH, USDT, USDC, and BNB can be sent, received, and stored by users.
It also allows users to view all of their NFT assets as well as supports quick connection to mainstream NFT markets across multiple chains for storage and trading, single and batch purchases, and more, whether you are a novice or an experienced NFT player. The KuCoin Wallet Chrome Extension serves as a one-stop shop for buying, storing, and displaying NFTs. The wallet’s ease of use and security make it an excellent choice for all types of users. Install the KuCoin Wallet Extension on your computer right now!
The KuCoin Wallet Chrome Extension provides a comprehensive Web3 ecosystem experience and secures asset management by ensuring multi-dimensional security through a variety of technologies. Furthermore, it is a watershed moment in the development of the KuCoin Wallet, laying the groundwork for overall ecosystem expansion. KuCoin Wallet will expand its product offerings in the future and become the most secure, convenient, and powerful portal for users to experience Web3!