KuCoin is a global cryptocurrency exchange that has gained immense popularity in the past few years. It provides users with access to numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has already registered over 8 million users across 207 countries and regions, making it one of the most popular crypto exchanges globally. With its headquarters in Mahé, Beau Vallon, Seychelles, KuCoin is dedicated to providing its users with the best possible crypto services.
The People’s Exchange
KuCoin has positioned itself as the “People’s Exchange” by providing users with highly localized services. The platform has established about 19 local communities in North America, Europe, Southeast Asia, and other regions, ensuring that users can access their services 24/7 in multiple languages. By doing so, KuCoin has been able to bridge the gap between people and crypto, making it more accessible to the masses.
Crypto Gems
KuCoin is known as the “home of crypto gems” because it has supported over 420 projects with 790+ trading pairs. The platform has become the go-to place for investors looking to invest in new and promising cryptocurrencies. Many projects, such as ICP, BOSON, AERGO, RNDR, and DAO, had their primary listings on KuCoin. Investors who got in early on these projects have seen significant returns on their investments.
Security and Funding
KuCoin takes security very seriously and has implemented numerous measures to ensure that its users’ funds are safe. The platform has never been hacked, and all user funds are stored in cold wallets, ensuring that they are not accessible to hackers. Furthermore, KuCoin has a bug bounty program that rewards users who find vulnerabilities in the platform’s security.
In November 2018, KuCoin announced $20 million (USD) in round A funding from IDG Capital and Matrix Partners. This funding allowed KuCoin to continue to develop its platform and expand its user base. Since then, KuCoin has continued to grow and has been recognized as one of the best crypto exchanges by Forbes Advisor.
Conclusion
KuCoin is a global cryptocurrency exchange that has become the go-to place for investors looking to invest in new and promising cryptocurrencies. With its dedication to providing users with highly localized services, KuCoin has been able to bridge the gap between people and crypto, making it more accessible to the masses. Additionally, the platform’s commitment to security and funding has ensured that users’ funds are safe and that the platform can continue to develop and expand its user base.
