KuCoin, the global crypto exchange funded by IDG Capital, had taken it to Twitter yesterday, announcing the Instant Exchange service, allowing instant crypto transaction service for cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple XRP, Bitcoin Cash ABC (BCHABC), and Tether (USDT).
The team has confirmed the development and they are already working on Dust Collector Feature. However, there is no specific timeframe as to when will it be available to the public and KuCoin will let everyone know should there be any updates.
“As ‘The People’s Exchange’, KuCoin has been committed to providing users with secure, simple and convenient trading experience, so that more people can embrace the blockchain and crypto world.” – Johnny Lyu, co-founder of KuCoin
Developed by KuCoin and a top quantitative market maker of the Chicago Mercantile Exchange (CME), the Instant Exchange Service has many advantages, including faster transaction that can be completed in 1 second and the ability to support large orders. Additionally, there will be no transaction fee.
What's Your Reaction?
Nurul is an English Language graduate who is highly passionate on writing, she literally breathes on it. An avid reader and a critical thinker, she covers on blockchain news during day and weeps at sad novels at night.