KuCoin has crossed the 10 million mark, becoming one of the top 5 crypto exchange websites. Between December 2020 and December 2021, the number of global users grew 23 times, causing KuCoin to achieve a 9-fold increase.
Launched in September 2017, KuCoin is a crypto exchange company that allows users to buy, sell, and store crypto quickly and securely. Since its foundation, KuCoin has continuously expanded its services to make them more convenient and safe to use. As a result, the company has discovered more than 540 crypto gems with over 1000 trading pairs, including but not limited to BLOK, XCAD, QI, and BOSTON.
In 2021, KuCoin released KuCoin Token (KCS), which has successfully reached an all-time high since 2018 and experienced a 3,000% year-to-date increase thanks to KuCoin’s social growth. Today, the KCS market cap is totaled over $1.76B, ranking it #72 on CoinMarketCap.
Previously, KuCoin introduced the game-changing social trading feature KuCoin S, allowing users a trading experience to learn and trade crypto simultaneously. Additionally, KuCoin Labs, the investment and research arm, continuously supports Metaverse projects. Recently, the company launched a $100 million Metaverse Investment Fund aimed to accelerate the evolution of the Internet industry and incubate early metaverse initiatives, including NFT platforms, decentralized structures, and other projects.
“The 10 million mark users ushers in a new era for KuCoin,” said Johnny Lyu, the CEO of the top exchange. He also made an announcement to celebrate the 10 million mark by launching a revised referral program. The KuCoin referral offers millions of dollars to every contributor. Furthermore, the company will issue 1,000 limited-edition gold cards, which provide the privilege of additional benefits.