- KuCoin integrates new social trading features on its mobile app.
- Users can access the trading features via a special space called KuCoin S.
- KuCoin aims to provide a whole new trading experience through social trading features.
KuCoin exchange has announced that it has introduced multiple social media features particularly, on its mobile app. Specifically, the features are currently available in a special space called KuCoin S. At this time, all the eligible users can have a whole new experience prior to the KuCoin App launch.
Moreover, KuCoin hopes to increase users’ satisfaction levels as well as the growing demands from crypto exchange users through social media features. In doing this, the exchange mainly targeted the newcomers who have just jumped into the crypto space. In fact, this achievement has been KuCoin’s long-term goal to bring crypto experience to the masses.
The newly integrated social media trading features will eventually push KuCoin to become the largest social trading platform in the crypto space. By using the KuCoin S, users will not be deprived of getting the most up-to-date crypto news feed with Al-based algorithms.
This will further help them to discover crypto gems, news listings, and also know investors and their trading preferences. On the same note, users can interact with KOLs, discuss trending crypto topics, and learn more about trading strategies.
Commenting on the matter, KuCoin CEO Johnny LYU said,
“Most practitioners in the crypto industry were focusing on building better tools to improve the interaction between humans and protocols. Therefore, the lack of interactions between users has led to the increasing educational costs and slow pace of popularization of the industry, hence creating obstacles for mass adoption.”
By releasing the social trading features, KuCoin has upgraded its UI. To clarify, KuCoin rolled the upgrade to suit the new social feature for Generation Z. The company’s social trading features were inspired by the theme of “Futurism” to upgrade its colors, graphics, and interface.
What is more, the social trading features released also use the concept of node. Each of the nodes works independently, echoing the new trading features of KuCoin. At the moment, only the invited users can access the social trading features but KuCoin pledged to send out more invitations.
Created back in 2017, KuCoin is a cryptocurrency exchange with more than 400 digital assets.