KuCoin Expands User Base To 31 mn
KuCoin has experienced a 16% increase in its user base, reaching nearly 31 million worldwide, and a 106% surge in spot trading volume, indicating strong user engagement and confidence.
The most significant growth in the past year was in the Latin America region, with a 34% increase. Other key regions, including the Middle East and Africa (27%), and Europe (25%), also experienced substantial user base growth.
KuCoin’s asset expansion has been significant, adding 149 new assets to 830 digital tokens and supporting 1,246 trading pairs as of December 2023. The crypto exchange launched KuCard, a crypto debit card, with over 10,000 holders registered within a month.
The company has also made efforts to enhance security and trust, maintaining solid reserve ratios, upgrading KYC protocols, implementing advanced security measures, and offering responsive customer service.
KuCoin has also participated in various initiatives and events to promote blockchain and crypto adoption, publishing eight market reports and participating in over 30 online and offline events across multiple continents.
(With inputs from Shikha Singh)
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