KuCoin has reached another milestone. The Crypto exchange has recently announced that it has crossed the 20 million subscriber mark.
KuCoin is a Hong Kong-based cryptocurrency exchange founded by Yap Cheng Kee and Michael Gan (CEO) in 2017. It offers an intuitive user interface, a fast trading engine, and an integrated wallet.
The first step for KuCoin was to build its digital asset exchange platform, which is now available in the Cryptocurrency market. In 2018, it launched its first cryptocurrency exchange: KuCoin Shares (KCS). The KCS token is currently traded on KuCoin’s platform and can be used to pay trading fees and dividends when buying or selling cryptocurrencies.
The company said that 20 million users are an important milestone because it shows that they have reached a user base and popularity among other exchanges worldwide. It also means that most people who want to buy or sell cryptocurrencies can use this platform without issues!
Kucoin Announcement
KuCoin, the world’s leading cryptocurrency exchange, has reached the milestone of 20 million registered users.
The organization reported on Tuesday that it had surpassed the 20 million subscriber mark, bringing KuCoin’s user base to 21 million.
The announcement comes a day after KuCoin announced that it had completed its $50 million token sale and raised more than $30 million. The company plans to use this money to expand its service offerings and improve the user experience.
In addition to providing access to cryptocurrency trading pairs and ICO listings, KuCoin offers users a variety of features, including AI-powered investment recommendations, advanced charting tools, 24/7 customer support via live chat and email, and mobile apps for iOS and Android devices.
KCS And New Digital Token
The news comes as KuCoin is celebrating the launch of three new digital assets: Aurora (AOA), Kcash (KCASH), and Koin (KOIN). All three are trading pairs with KuCoin’s native token, KuCoin Shares, or KCS price.
KCS is currently trading at $0.00726 per unit, up 2% in the past 24 hours, according to CoinMarketCap.So 20 million accounts adding up to roughly one percent of that figure would put KuCoin’s user base at nearly $1 billion worth of user accounts by itself!’
KuCoin Wallet
The stage gives many administrations. Counting trading, lending and borrowing, deposits/withdrawals, and unique features like Airdrops and Community Campaigns. The exchange also supports fiat currency payments through its wallet app called “KuCoin Wallet,” which allows users to purchase tokens using fiat currencies such as USDT or BTC/ETH directly from their mobile devices without having to deposit them into an exchange first before being able to trade them.
Conclusion
KuCoin is a digital currency. The organization was established in 2017 by Jared Lee, likewise the CEO of KuCoin. KuCoin is one of the biggest digital currency trades on the planet… As of October 2018, it had over 20 million registered users and over $2 billion in daily trading volume.
In addition to KuCoin’s native token, KCS, KuCoin also offers traders the option to trade with USDT (Tether) and BTC (Bitcoin). The company has a unique trading interface that includes various features, including stop-loss orders, margin trading, instant deposits and withdrawals, and more.
