KuCoin Celebrates 5-Year Anniversary, Reveals Big Expansion Plans and Community Events

UTC by Julia Sakovich · 3 min read
KuCoin Celebrates 5-Year Anniversary, Reveals Big Expansion Plans and Community Events
Photo: Pixabay

In order to mark the fifth year anniversary, KuCoin is launching a series of events for its users starting from September 28.

The global KuCoin cryptocurrency exchange is marking its fifth anniversary. The platform is commemorating the event with a number of activities for users and the announcement of an updated development strategy aimed at further traction and scaling of the native ecosystem of products and services.

KuCoin was founded in 2017 by a group of seven co-founders. Over the next five years, the company has grown into a globally-recognized leader in cryptocurrency market operations, scaling the team 142 times to include representative offices in several countries. The exchange’s rapid growth resulted in its expansion of operations to over 200 countries with 20 million users worldwide, a cumulative trading volume in excess of $2 trillion, and the highest single-day trading volume standing at over $30 billion.

KuCoin is the undisputed leader in listings, offering users over 700 coins and 1,200 trading pairs. Such popularization of tokens has earned KuCoin the title of the “People’s Exchange”, given by a community of 1 million strong in 23 languages and across numerous communities. KuCoin is currently ranked in the top 5 of the best crypto exchanges and has been noted by Forbes and Ascent as the best platform for crypto operations.

The extensive functionality provided by KuCoin includes a Trading Bot, Spot Grid, Dollar-Cost Averaging (DCA), Futures Grid, Smart Rebalance, and Infinity Grid products. The launch of the Bitcoin mining pool in 2022 also made KuCoin the 10th largest platform of its kind. Continued expansion into Web3 territory has seen the launch of such services as the Windvane NFT marketplace, the Wonderland interactive NFT launch platform, and the flagship KuCoin Wallet.

With its aim on globalization, KuCoin is adhering to the scaling policy, opening over 200 new positions for talent after the announcement of the opening of offices in Hong Kong, Bangkok, Singapore, and Dubai. The new “Glocal” strategy also foresees the protection of user interests through the adjustment of a flexible regulation monitoring approach that will allow KuCoin to cater to users across all jurisdictions.

In order to mark the fifth year anniversary, KuCoin is launching a series of events for its users starting from September 28. The first event is the campaign for BTC/ETH/KCS with a 10% discount. Another bonus for users is the release of Mystery Boxes containing NFTs of different rarity levels and whitelist tickets to the Windvane launchpad.

More engaging community events include the My Crypto Story With KuCoin which gives users a direct expression platform on their involvement in crypto by October 11 with a total prize pool of $20,000. Winners will have a chance of taking $2,000, while voters can tap into a $5,000 prize pool. Another community event is the KCC Beowulf – a Web3 7-week interactive activity for more than 20 projects deployed on the KCC.

As the KuCoin exchange continues to develop, the team will continue focusing on providing quality services and products to users. The new and updated Glocal strategy entails continued expansion into Web3 territory and the upholding of community interests and support of the KuCoin community.

Blockchain News, Cryptocurrency news, News
Julia Sakovich
Editor-in-Chief Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.

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