The growth of the cryptocurrency ecosystem creates excellent opportunities for service providers. KuCoin is one of the brands building momentum regardless of overarching market conditions. On the day of its fifth birthday, the team unveils bold expansion plans and various events to strengthen its community.
Recapping KuCoin’s Growth & Success
It has been an exciting ride for KuCoin since its inception in 2017. Market conditions were not too favorable back then, nor are they today. Despite the odds, the firm has grown from seven people to over 1,000 employees, a 142-fold increase in the workforce. Moreover, there are over 20 million crypto users in over 200 countries, allowing the company to surpass $2 trillion in cumulative trading volume.
Users flock to this exchange – dubbed the “top altcoin trading platform – due to its growing selection of currencies and trading pairs. Moreover, it is a very community-oriented platform, resulting in localization support across nearly two dozen languages. That global & local focus will only intensify through the Glocal strategy, establishing headquarters in crucial growth regions.
Moreover, the KuCoin exchange is more than a way to buy, sell, and trade crypto assets manually. There are various bots and automated trading functions to take advantage of. On the Futures trading front, KuCoin is among the five leading global platforms ranked by trading volume. Additionally, there is the KuCoin Bitcoin mining pool, which has a solid position in the top 10 ranked by computing power.
Supporting all these efforts confirms KuCoin’s approach to the broader crypto ecosystem. The company wants to help its users access the features and services they want, regardless of location, knowledge, etc. Other notable ventures by the company include NFT launch platform Wonderland, decentralized NFT marketplace Windvane, and the KuCoin Wallet supporting assets across multiple blockchains.
Big Events Amid Ongoing Expansion
To commemorate the previous five years, KuCoin will host multiple events. There is a seven-week KCC Beowulf Web3 event for users to interact with over 20 projects building on the KuCoin Community Chain. In addition, there are trading campaigns, opportunities to buy BTC/ETH/KCS at a 10% discount, and limited edition NFTs.
Additionally, KuCoin will release a set of Mystery Boxes, which can give lucky winners a chance to get whitelisted on the Windvane launchpad. Users who want to write down and share their crypto journey can engage in the My Crypto Story with KuCoin Event and compete for a prize pool of $20,000. Voting participants will have a chance to win part of the $5,000 prize pool.
Although it is a time to be festive, KuCoin’s team tirelessly works to build toward a better future. That includes finding new ways for more users to access and explore Web3 opportunities in the coming years. Additionally, the team will adjust to regulatory changes through a flexible in-house strategy. Mainstream adoption of cryptocurrency remains the ultimate goal.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
