This decision is based on the growing concern over the potential misuse of cryptocurrencies for nefarious purposes.
KuCoin is a blockchain assets exchange where anyone can exchange bitcoin to other cryptocurrency and make more profit.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
Known as “The People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
We have successfully launched the KuCoin app for iOS and Android to keep our users trading on the go.
In November 2018, KuCoin announced $20 million (USD) round A funding from IDG Capital and Matrix Partners.
This decision is based on the growing concern over the potential misuse of cryptocurrencies for nefarious purposes.
KuCoin research anticipates continued capital inflow, barring negative market developments and sustaining the current positive momentum.
Apart from Malta, OKX has encountered regulatory troubles in other countries. The exchange is facing regulatory hurdles in India and has asked users to stop trading margins, perpetuals, and futures options.