KuCoin Crypto exchange launches one stop crypto trading platform solution

KuCoin, an IDG-backed global crypto exchange, has launched its one-stop cryptocurrency trading platform solution product – KuCloud. KuCloud now offers two products named XCoin and XMEX, and is able to deliver the key functionalities of KuCoin Spot platform and KuMEX Futures platform, including world-class architecture, risk-management system, high market depth & liquidity, all-around customer support and more.

"The idea of KuCloud started in 2018 as a concept called 'subnets', with which we intended to give our exchange a powerful advantage when expanding into new markets since each new exchange can act as a separate entity," said Johnny Lyu, co-founder of KuCoin. "Now we go one step further and upgrade the 'subnets' to KuCloud, eliminating the difficulties and hassle of opening a crypto exchange, allowing all our partners to build crypto-related platforms with us to contribute to the liquidity and mass adoption of crypto."