Cryptographic cash exchanges are stages that work with trading computerized types of cash for various assets, including progressed and government-provided sorts of money. Subsequently, automated money exchanges probably go as a middle person between buyers and sellers and acquire cash through commissions and trade charges. This year, the KuCoin stage likewise had dramatic development in various viewpoints, from more than 3100% value rally of KCS, 300+ new postings on the scene, to the breaking of 10 Million client numbers. In this article, we will discuss the critical achievements accomplished by KuCoin north of 2021 and offer the future standpoint of the KuCoin business.
Growth in numbers
Trading Volume
KuCoin’s combined exchanging capacity surpassed $1 trillion. Also, typical day-to-day trading volume came to $3 billion, an increment of 11x year-on-year. It is worth focusing on that on December 4, 2021, KuCoin’s 24H exchanging capacity busted another record of $13 billion. KuCoin’s Spot increased in crypto prices from 1.42% toward the start of the year to the ongoing degree of 6.79%, while KuCoin Futures similarly reached 0.48% close at the beginning of the year with a continuous level of 3.09%.
Users
One of our most thrilling achievements in 2021 is breaking 10 million enrolled clients toward the finish of the 2021—Crypto market with the help of institutional and retail money from its sponsor. KuCoin will continue to propel its globalization method and bring direct, accessible, to-use, and security organizations to additional overall clients.
KCS
The value of KCS is immovably compared with KuCoin, which is nearly identical to KuCoin. Additionally, KCS has become one of the most fantastic performing exchange tokens because it has reached more than 31x its value.
Trading And Customer Experience
As an ‘Individuals’ Exchange,’ KuCoin focuses on client experience and offers the best client administration. Because of the general development of the KuCoin biological system, the number of client demands online had a 10x expansion in 2021. To meet the remarkable growth in client requests, KuCoin sent off Answer Bots to offer more effective client care. More significantly, we have helped north of 30,000 clients recover their lost assets or mixed-up stores in 2021.
Product And Features
New Listing
As the central altcoin exchange, KuCoin consistently finds the following crypto jewel and offers great crypto resources for financial backers. As of composing, KuCoin has recorded more than 630 tradable resources with 1100+ exchanging pairs. In 2021, 9 crypto jewels were sent off on KuCoin Spotlight. The achievement has been demonstrated with cost floods, including Metaverse projects like Victoria VR (VR), GameFi star – Chumbi Valley (CHMB), and DeFi convention of Polkadot environment – Polkadex (PDEX), and so forth.
New Offerings And Final Wordings
It has several new offerings, including KuCoin Trading Bot, a free exchanging instrument that can assist clients with saving investment while working for their benefit. Up until this point, 5.5 million exchanging bots have been made on KuCoin, with a comprehensive client income of 149 million USDT. And similar to that, many highlights incorporate KuCoin Leveraged Token, KuCoin Win, KuCoin Fiat Account, KuCoin Pool, and Social Trading.