In 2024, the global cryptocurrency exchange KuCoin experienced significant growth in trading volumes, user base expansion, and enhanced security and compliance measures.
Increase in Trading Activity
KuCoin reported a remarkable increase in trading activity, particularly in the MENA region, where spot trading volumes tripled. Europe also showed strong performance with a 144% increase. The platform now serves over 38 million users globally, with the highest growth rates in LATAM and MENA regions.
Security and Compliance Efforts
Security and regulatory compliance remained top priorities for KuCoin throughout the year. The exchange became the first global platform registered with India's Financial Intelligence Unit (FIU), reinforcing its commitment to regulatory standards. Additionally, KuCoin holds five global regulatory licenses, aligning its operations with regulatory compliance.
New Features and Corporate Responsibility
KuCoin introduced new features such as KuCoin Pay to enhance user engagement. Platforms like GemPool and GemVote saw high levels of community participation. KuCoin also invested in social initiatives like the 'Light Up Africa' project, providing sustainable energy solutions to those in need.
KuCoin continues to evolve and looks ahead to further innovations in security, user experience, and global expansion in 2025.
