2024 was a transformative year for KuCoin and the broader crypto market. The exchange strengthened its standing, demonstrating user growth and asset expansion.
KuCoin’s Growth and Expansion
KuCoin surpassed 38 million users, with significant expansion in LATAM and MENA regions. The spot market saw trading volumes triple in MENA, while Europe experienced a 144% increase. The futures market introduced 125 new assets, attracting over 3 million traders. New listings exceeded 300, and the KCS ecosystem reached a $1.7 billion market cap.
Industry Trends and Developments
Key drivers in 2024 included regulatory progress, institutional adoption, and macroeconomic shifts. Bitcoin hit $100,000 following ETF approval, and Ethereum's Cancun upgrade secured an ETF approval. Macroeconomic factors like the Federal Reserve's rate cuts enhanced liquidity.
Security and Compliance
KuCoin advanced its security measures and regulatory compliance. AML and KYC processes were enhanced, and data protection was fortified through Bug Bounty programs. The exchange registered in India and obtained five new licenses, bolstering its global presence.
For 2025, KuCoin's focus remains on security, compliance, and innovation. The exchange aims to solidify its position as a leading global platform.
