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5 months ago

KuCoin achieved peak performance in H1

KuCoin, a crypto exchange, reported strong performance in the first half of the year, driven by increased user interest in South Korea and global expansion. The exchange now has over 41 million registered users and sees daily trading volumes reaching $1.9 billion, often boosted by new, popular tokens. Spot trading grew significantly, fueled by demand for high-performing assets and meme tokens. KuCoin now lists over 1,000 assets and ranks fourth among derivative markets, offering advanced futures trading. The company has focused on security and compliance, achieving certifications like SOC 2 Type II and ISO 27001:2022, and an AAA security rating. KuCoin is expanding globally, having secured a MiCA application for the EU and launching KuCoin Thailand. It plans to expand into the Middle East, North Africa, and Latin America. KuCoin is also integrating into fintech, expanding KuCoin Pay globally and seeing growth in KuCard transactions. Its Trading Bot platform has seen significant growth, with millions of bots created and increased trading volumes.

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