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"Which coins are supported by Little Fox Wallet" KuCoin trading volume, the initiative surged in the market downtrend

2023 07/19

Although the cryptocurrency market is down, KuCoin shows its uptrend in a different way. In the first half of 2022, the trading volume of cryptocurrency exchanges has exceeded 2 trillion US dollars, an increase of 180%, compared with the same period in 2021.

In the official blog article, the KuCoin team reviewed the development activities in the first half of 2022, and the team said that they are breaking the highest daily transaction record almost every quarter. Specifically, in May 2022, KuCoin`s average daily spot turnover will climb to US$11 billion, and the highest daily average futures turnover will be about US$23 billion.

Source: KuCoin

In addition, compared with the first half of 2021, the platform has added more than 9.75 million new registered users, an increase of 219%. Currently, the platform serves more than 18 million users worldwide.

It should be noted that the number of users in Asian countries is higher, with 5.6 million new registered users. In addition, the number of new registered users in Latin America (216%) and Europe (142%) increased compared to the first half of 2021.

It is worth mentioning that KuCoin has also expanded its workforce to nearly 400, and the total number of employees worldwide exceeds 1,000. [The key to staying competitive in the crypto space is talent, and KuCoin will stick to our hiring plan while others are laying off staff," the blog post reads.

Additionally, Currency lists 137 crypto assets, bringing the number of tradable assets on the platform to 700. Supports correct French currency transactions, segregated margins, covert features, OCO orders. KuCoin focuses on Web3 development, such as Wonderland, Windvane, KuCoinWallet, and KuCoinCommunityChain (KCC).

Also recognized by crypto exchanges as well as one of the best exchanges for altcoins 2022 by Ascent and ForbesAdvisor 2022.


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