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KuCoin, the world’s leading crypto exchange, has reached an important milestone: it currently has 20 million users.This achievement comes after the exchange reported a record number of new users in the first half of this year, CoinJournal said. press release..
KuCoin attracted more than 9.75 million new registered users in the first half of this year and now has more than 20 million customers. This is a 219% year-on-year increase in the user base, primarily due to the expansion of exchanges in Asia.
The number in Asia is 659%, which is equivalent to 5.6 million new users.
KuCoin CEO Johnny Ryo commented:
In anticipation of KuCoin’s 5th anniversary, we have achieved a new milestone with over 20 million registered users. To thank our users, we will provide more innovative services and products to give users easy access to the world of cryptocurrencies, centered on Web3, NFT, and GameFi.
The main reason for growth is that KuCoin is focusing on new markets and globalization strategies through new features and better language and community support for product launches.
The exchange has penetrated the European and Latin American markets with the addition of BRL and EUR flat trading pairs and USDT / BRL, BTC / EUR, BTC / BRL, ETH / BRL, ETH / EUR, USDT / EUR. ..
These approaches, combined with the launch of new products that enhance the exchange’s overall ecosystem, have attracted new users.
KuCoin is planning a futures global team battle later this month to commemorate the achievement of the new user number milestone.
The event has a prize of $ 100,000 and you are eligible to win up to $ 20,000 when you attend. Includes beginner airdrops, exclusive leader bonuses and other rewards.
KuCoin focuses on entering key markets such as the Middle East, Europe, Latin America, South Asia and Africa. Exchanges also seek to strengthen their relationships with local media and influencers by offering their users localized products.
