2023 proved
to be positive for companies in the cryptocurrency industry, as confirmed by
another report summarizing the past year published by a large digital asset
exchange. KuCoin joins its competitors and boasts an increase in its customer
base to over 30 million and a doubling of its spot market volumes.
According
to the report, KuCoin has seen a 16% increase in its user base, reaching nearly
31 million users worldwide. The platform also experienced a 106% surge in spot
trading volume, indicating strong user engagement and confidence.
“The
most significant growth in the past year came from the Latin America region,
which saw a 34% increase,” the company reported. “Additionally,
substantial user base growth has been observed in other key regions, including
the Middle East and Africa (27%) and Europe (25%), compared to 2022.”
In
addition, the report reveals KuCoin’s achievements in asset expansion. The
crypto exchange added 149 new assets, bringing the total to 830 digital tokens,
and supported 1,246 trading pairs as of December 2023. KuCoin also launched
KuCard, a crypto debit card that allows users to spend their crypto assets
anywhere. KuCoin reports that over 10,000 KuCard holders have been registered
within a month of its launch.
“Our
vision has always been to be the ‘People’s Exchange’,” said Johnny Lyu, the
CEO of KuCoin. “This year’s achievements reflect not just our growth, but
our dedication to providing a safe and secure trading platform
