VICTORIA, Seychelles, July 18,
2024 /PRNewswire/ -- KuCoin, a leading cryptocurrency
exchange, has released its 2024 H1 report, showcasing significant
achievements and growth despite market fluctuations and regulatory
challenges. Demonstrating remarkable resilience and innovation,
KuCoin's unwavering commitment to providing innovative solutions
and maintaining a user-centric approach has driven its progress
through this dynamic period.
In the first half of 2024, KuCoin's registered users surpassed
34 million, with notable growth of 31% in LATAM and 25% in MENA
compared to the second half of 2023. The platform handled over 1.2
million service requests, underscoring our commitment to
exceptional user support. The spot trading volume saw a robust
increase of 127.71%, and the highest recorded 24-hour trading
volume has doubled the figures from 2023 H2. Pre-market performance
was equally impressive, with user growth of 59.3% and a trading
volume increase of 49.1%. Over 2.2 million trading bots were
created, resulting in a total trading volume surpassing 7 billion
USDT. On the compliance front, KuCoin has obtained five regulatory
licenses globally so far and has effectively addressed 3600+ law
enforcement requests, serving 1800+ registered law enforcement
officers, reinforcing our dedication to security and regulatory
standards.
Looking down the road, KuCoin is committed to fostering
innovation, ensuring regulatory compliance, and enhancing user
experience. We aim to leverage our achievements to further solidify
our position as a leader in the cryptocurrency space, driving the
industry toward a more sustainable and ethically grounded future.
Read the full report here .
About KuCoin
Launched in September 2017, KuCoin
is a leading cryptocurrency exchange with its operational
headquarters in Seychelles. As a
user-oriented platform with a focus on inclusiveness and community
engagement. It offers over 900 digital assets across Spot trading,
Margin trading, P2P Fiat trading, Futures trading, and Staking to
its 34 million users in more than 200 countries and regions. KuCoin
ranks as one of the top 5 crypto exchanges. KuCoin was acclaimed as
"One of the Best Crypto Apps & Exchanges of June 2024" by Forbes Advisor and has been
included as one of the top 50 companies in the "2024 Hurun Global
Unicorn List". Learn more at https://www.kucoin.com/ .
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SOURCE KuCoin