Undoubtedly KuCoin is the most advanced and highly innovative cryptocurrency exchange in the crypto world. Therefore, it ranks among the top 5 crypto exchanges. Many trading options are available on their platform, including Fiat, Spot, Future, and P2P. These features are also subcategorized according to different cryptocurrencies and advancements. KuCoin serves in about more than 200 regions of the world. KuCoin also supports a Metaverse on a b a big level and promotes the related technologies. Whether we talk about the Defi and gaming industry of Web 3.0, KuCoin investment is always there. This article explains all you need to know about the KuCoin NFT ETF trading zone.
KuCoin NFT ETF
It is USDT-dominated ETF NFTS. Now the 18 million users of KuCoin can own these popular NFTs listed on KuCoin using an ERC-20 token. Fracton protocol supported the KuCoin NFTs, and they are lying under it. Many interesting projects are present there, like HiPunks, backed by Cyber Punk, and HiBays, backed by Bored Ape. These big projects grab a lot of attention from the NFT’s investors and lovers. This project seems highly beneficial in the long term, and their prices will increase.
Why People Choose KuCoin NFTs
Many traders love to buy those NFTs from the KuCoin because of their price. KuCoin offers high-class blue chips NFTs on low investment. Many NFTs lovers want to buy it from KuCoin because of the price and future growth of such a classic collection of NFTs. Also, KuCoin keeps things as simple as possible. Similarly, you don’t have to care much about complex infrastructure as your face on other sites. The liquidity provided by KuCoin at such a great price is wonderful. This liquidity is similar to present in Spot trading. Due to that, people prefer KuCoin over other platforms for purchasing NFTs.
Fracton Protocol
Fracton provides a liquidity infrastructure to NFTs present on KuCoin. For the oracle of NFTs, 2 steps of fractionalization of Fracton are present. To increase the efficiency of the protocol, the middle layer (ERC1155) of fraction infrastructure plays a vital role. This layer is also helpful in lowering gas fees and maximizing the security of traders’ assets. A high-level financial layer is also present, integrated with CEX and DApps. This will help in internal liquidity protocol and fractionalized NFT market makers.
Conclusion
KuCoin offers live market data, including order books, and you will also find powerful cryptocurrencies like LUNA Price and LUNC prices on the KuCoin marketplace. To automate your trading, KuCoin introduced bots on their platform. Now you don’t have to sit in front of the screen during the trade. These trading bots give a profit in different ways and run on a full automation process. After these bots’ success, many investors entered the crypto market and performed trading via these bots. On the other hand, to support Metaverse, KuCoin also launched blue chip NFTs to their platform. These NFTs are considered popular among the world’s top collections.