Global cryptocurrency exchange KuCoin has released its 2024 Annual Review, highlighting significant growth in trading volumes, user expansion, and strengthened security and compliance measures.
In a recent blog post , KuCoin highlighted its experience with a remarkable surge in trading activity, particularly in the MENA region, where spot trading volumes tripled. Europe also recorded a strong performance, with a 144% increase. The platform now serves over 38 million users worldwide, with the highest growth rates seen in LATAM and MENA markets.
Listing activity also reached new heights, with the number of new assets doubling in 2024 and a standout 170% increase in Q4 compared to Q3. Futures trading expanded significantly as well, adding 125 new assets and attracting over 3 million new users, with total user growth up by 30% in the fourth quarter.
Security and regulatory compliance remained a top priority for KuCoin throughout the year. The exchange became the first global platform registered with India’s Financial Intelligence Unit (FIU), solidifying its commitment to regulatory standards.
Holding five global regulatory licenses, KuCoin continues to lead the industry in compliance. A settlement with the U.S. Department of Justice further strengthened its legal standing, allowing the company to focus on growth and innovation while maintaining operational integrity.
KuCoin also introduced new features like KuCoin Pay, designed to enhance user engagement. Platforms like GemPool and GemVote saw high levels of community participation, driving interest in new token listings. The company’s Trading Bot platform recorded a 49% increase in new bots in Q4 alone, showcasing strong demand for automated crypto trading solutions.
Beyond trading and technology, KuCoin remained committed to corporate social responsibility. The “Light Up Africa” initiative, aimed at providing sustainable energy solutions, distributed 10,000 solar lamps to communities, positively impacting 50,000 children.
Looking ahead to 2025, KuCoin plans to build on its momentum with further innovations focused on security, user experience, and global expansion.
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