KuCoin, the world’s leading Bitcoin and cryptocurrency exchange, with operational headquarters in Seychelles, announced that it is celebrating its fifth anniversary. Indicating commemorative events, while outlining its strategy for the coming years.
Importantly, since its founding in September 2017, KuCoin has grown from its original seven co-founders to a highly effective team of over 1,000 people worldwide, climbing 142 times.
Indeed, as a user-oriented platform, focused on inclusion and community action outreach, it offers more than 700 digital assets. Currently, it offers spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 20 million users.
«KuCoin is delighted to share this moment with its users. And is proud to have come a long way to global scale based on trust, security, user focus and innovation.».
What has happened to KuCoin in these 5 years?
KuCoin currently serves 20 million crypto users in more than 200 countries. Along with the rapid growth in the number of users, the cumulative trading volume of the KuCoin platform has exceeded $2 billion. Likewise, with the highest trading volume in a single day, which exceeds $30 billion.
Also, as the number one altcoin exchange, KuCoin supports over 700 coins and 1200 trading pairs. Which gives users a plethora of investment goals and options.
Furthermore, KuCoin has built one of the largest crypto communities in the world, supporting 23 languages and over 1 million community members. Now according to CoinMarketCap, KuCoin is currently one of the top 5 crypto exchanges.
And in 2022, The Ascent and Forbes named KuCoin the best cryptocurrency app for enthusiasts. And one of the best cryptocurrency exchanges of 2022, respectively.
Its user-centric approach!
Indeed, in order to meet the needs of various users and provide a better trading experience, KuCoin has been continuously enriching its product line.
In fact, along with its Trading Bot feature, KuCoin offers Spot Grid, Dollar-Cost Averaging (DCA), Futures Grid, Smart Rebalance and Infinity Grid products.
In 2022, KuCoin futures broke into the list of top 5 global futures exchanges with peak daily trading volumes exceeding $10 billion. And KuCoin Pool also became the 10th largest Bitcoin mining pool in the world, having increased its computing power by 500% by 2022.
Also, KuCoin continues to expand its efforts in Web3 with the launch of Wonderland, an interactive NFT launch pad designed for crypto gaming.
Another recent product is Windvane, a unique and inclusive decentralized NFT marketplace that supports all major NFT Blockchains. KuCoin Wallet’s flagship product was officially launched in June to provide users with a secure and convenient multi-chain crypto wallet.
Making cryptocurrencies go mainstream
For its part, globalization has always been one of KuCoin’s core policies, earning it the title of “People Exchange.” In light of changing market realities, KuCoin plans to launch the long-term strategy “Glocal (Global + Local)”. Which provides for the establishment of regional headquarters in Bangkok, Hong Kong, Dubai and other regions. Around 200 new positions will be opened in Hong Kong, Bangkok, Singapore and Dubai, in the first “Glocal” stage.
Very importantly, protecting the interests of users is a top priority for KuCoin, forcing the exchange to adapt to the operating environment and related regulations. Exchange experts are currently finalizing a flexible strategy that meets current realities. One that will allow KuCoin to support all users, giving them free and unrestricted access to digital assets.
What will be the commemorative events?
To thank users for their support, starting on September 28, 2022, KuCoin will launch a series of events.
- trading campaigns.
- Buy BTC/ETH/KCS with a 10% discount.
- 5th Anniversary Limited Edition NFTs and more.
- The launch of Mystery Boxes. Owning any of the crates of two different rarity levels gives users the opportunity to be whitelisted on the Windvane Launchpad.
- My Crypto Story with KuCoin, which allows users to write their cryptocurrency stories before October 11 to share a total prize pool of $20,000. The user with the highest number of votes will win up to $2,000. Additionally, those who participate in the vote will have the opportunity to share in a $5,000 prize pool.
- KuCoin Community Chain (KCC) will jointly host KCC Beowulf, the first major Web3 event together with KuCoin Wallet and Windvane. KCC Beowulf. It is a 7-week interactive activity with more than 20 projects implemented at KCC, including decentralized exchanges (DEX), lending protocols, wallets, cross-chain bridges, and Web-3.0 protocols, participating.
In closing, KuCoin will continue to develop and provide more opportunities for its users to explore the Web3 space for years to come.
Disclaimer: This content comes to us courtesy of KuCoin, being the only ones responsible for the information expressed in this post. Every investment carries risks.