A new partnership in the crypto market to allow users to connect their wallets to decentralized applications. CoinEx, a global crypto exchange company, joined hands with Reown’s walletKit to improve user experience. This collaboration aims to connect the CoinEx Wallet to the WalletConnect network to ease the transactions. 

By scanning a QR code or a deep link, users can securely access several dApps, including NFT marketplaces, DeFi, and Web3 applications. This transaction facility enhances the decentralized finance (DeFi) experience, security, and convenience.

Connect Effortlessly with DeFi Platforms

The integration of CoinEx Wallet with Reown’s WalletKit significantly simplifies the process of interacting with blockchain-based services. Users can access DeFi platforms, execute secure transactions, sign messages, and explore NFT markets with ease without intricate setup.

This innovation is a milestone in CoinEx’s mission to grow its ecosystem in such a way that users can have an uninterrupted experience while using decentralized services. Through the use of the WalletConnect protocol by Reown’s technology, the CoinEx Wallet facilitates secure and easy access to other Web3 applications.

A Commitment to User-First Innovation

CoinEx has always prioritized a “user-first” approach, continuously optimizing its platform to deliver secure and innovative solutions. 

This integration aids CoinEx users in experiencing a convenient way to interact with dApps. If the collaboration fulfills the market demand, then the CoinEx ecosystem will become a strong global crypto exchanger. 

With over 10 million users in 200 countries, CoinEx is dedicated to providing a simple and secure crypto experience.

The exchange has also been one of the first exchanges of its kind to implement proof-of-reserves, which ensures 100% user asset protection. Such partnerships assist CoinEx in further empowering its users with cutting-edge technology and secure financial products.

About CoinEx, Reown, and WalletConnect

The CoinEx Wallet has been designed to provide a secure method of storing, handling, and transferring cryptocurrencies. With its just-released WalletConnect integration, wallets can now be connected to a vast list of dApps directly, unveiling DeFi, NFT, and Web3 interactions to unprecedented heights.

Reown, the creator of WalletConnect Network, is a pioneer of on-chain UX who builds products such as AppKit and WalletKit to facilitate individuals and businesses to seamlessly integrate Web3-native functionality.

The WalletConnect Network, initially rolled out in 2018 under Reown, has grown to enable more than 220 million connections and 35 million unique active wallets. The network alone has seen an impressive 200% growth in the past year alone, and it is shifting towards a complete decentralization and permissionless system. To control the ongoing uptrend of this network, the WalletConnect Foundation has been formed, with its native token, WCT, possessing staking, governance, fees, and rewards functionalities.

With this integration, CoinEx Wallet users are now able to explore the world of decentralized finance more conveniently and securely. CoinEx’s cooperation with Reown and WalletConnect is a testament to the company’s efforts in making blockchain more accessible, yet with the most secure protection for its global users.