KuCoin Reports Significant Growth and Regulatory Milestones in 2024 Annual Review

KuCoin Reports Significant Growth and Regulatory Milestones in 2024 Annual Review

VICTORIA, Seychelles, Feb. 10, 2025 /PRNewswire/ — KuCoin, a world chief within the cryptocurrency change market, proudly proclaims its achievements within the 2024 Annual Review. The yr was marked by a whirlwind of actions, important progress in consumer base and buying and selling volumes, and steadfast enhancements in safety measures and regulatory compliance.

In 2024, KuCoin witnessed an unprecedented tripling of spot buying and selling volumes within the MENA area, with Europe following intently with a 144% improve. This important progress underscores KuCoin’s strong platform and market technique adaptiveness. The change now serves over 38 million customers globally, noting probably the most fast progress in LATAM and MENA areas. Moreover, the variety of new listings on KuCoin doubled in 2024, with a standout 170% improve within the fourth quarter alone in comparison with the third quarter. The futures buying and selling platform additionally noticed substantial progress, including 125 new property and attracting over 3 million new customers, with a complete 30% progress in This fall consumer numbers.

KuCoin’s safety and regulatory compliance remained a cornerstone of operations all through 2024. As the primary world change registered with India’s Monetary Intelligence Unit (FIU), KuCoin leads the business in adhering to stringent regulatory requirements. With 5 world regulatory licenses, KuCoin continues to set the benchmark for safety and compliance. The settlement with the DOJ additional strengthens KuCoin’s place and permits it to focus extra on progress and innovation, underscoring its dedication to working inside authorized frameworks and sustaining the best integrity.

The yr additionally noticed the launch of revolutionary platforms like GemPool and GemVote, which have considerably engaged the neighborhood and pushed consumer interplay with new token listings. The Buying and selling Bot platform witnessed a 49% improve in new bots in This fall alone, demonstrating KuCoin’s management in automated crypto buying and selling options.

KuCoin stays dedicated to impactful CSR actions, such because the “Mild Up Africa” venture, which distributed 10,000 photo voltaic lamps, benefiting 50,000 kids throughout varied communities.

Because the business strikes into 2025, KuCoin is targeted on persevering with its progress trajectory, emphasizing safety, innovation and consumer expertise. There might be extra upcoming enhancements which might be devoted to offering distinctive worth and repair to crypto customers globally.

About KuCoin

Based in 2017, KuCoin is likely one of the pioneering and most globally acknowledged know-how platforms supporting digital economies, constructed on a sturdy basis of cutting-edge blockchain infrastructure, liquidity options, and an distinctive consumer expertise. With a linked consumer base exceeding 39 million worldwide, KuCoin gives complete digital asset options throughout wallets, buying and selling, wealth administration, funds, analysis, ventures, and AI-powered bots. KuCoin has garnered accolades reminiscent of “Finest Crypto Apps & Exchanges” by Forbes and has been acknowledged among the many “Prime 50 World Unicorns” by Hurun in 2024. These recognitions replicate its dedication to user-centric rules and core values, which embody integrity, accountability, collaboration, and a relentless pursuit of excellence.

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