Coindesk (Coindesk)reports, the cryptocurrency exchange KuCoin has launched a feature that allows users to keep their cryptoassets while they trade.
On April 16, KuCoin announced that the feature integrates a new technology from Arwen, a boston-based startup, that allows users to keep control of their private keys while trading on a centralized exchange. In other words, users do not need to transfer assets to the exchange to complete the transaction on the chain.
As a standard security measure, custody is limited to about $100 and trading is limited to about $25, the company said.
KuCoin said the partnership with Arwen is the first step toward finding more ways to secure encrypted assets in a decentralized manner.
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