KuCoin Exchange Introduces Social Trading Features On Its Mobile App By CoinQuora

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KuCoin Exchange Introduces Social Trading Features on Its Mobile App

  • KuCoin integrates new social trading features on its mobile application.
  • Users can access trading features through a special area called KuCoin S.
  • KuCoin aims to provide a whole new trading experience through social trading features.

The KuCoin exchange has announced that it has introduced several social media features, especially on its mobile app. Specifically, the features are currently available in a special space called KuCoin S. At this point, all eligible users can have a whole new experience before the launch of the KuCoin app.

Additionally, KuCoin hopes to increase user satisfaction levels as well as increasing user demands from crypto exchange through social media features. In doing so, the exchange has primarily targeted 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 ultimately push KuCoin to become the largest social trading platform in the crypto space. By using the KuCoin S, users won’t be deprived of getting the most up-to-date crypto news feed with Al-based algorithms.

It will further help them discover crypto gems, news listings and also learn about investors and their trading preferences. Similarly, 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 focused on creating better tools to improve the interaction between humans and protocols. Therefore, the lack of interactions between users has led to the increase in educational costs and the slow popularization of the industry, thus creating obstacles to mass adoption.

By releasing the social trading features, KuCoin has upgraded its user interface. To clarify, KuCoin kicked off the upgrade to accommodate the new Gen Z social functionality. The company’s social trading features were inspired by the theme of “futurism” to upgrade its colors, its graphics and its interface.

In addition, the published social trading features also use the concept of a node. Each of the nodes operates independently, echoing new trading features in KuCoin. For now, only invited users can access social trading features, but KuCoin has committed to sending out more invitations.

Established in 2017, KuCoin is a cryptocurrency exchange with over 400 digital assets.

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