4 Key Numbers That Recap KuCoin’s 4 Years
Four years ago, the total market value of the crypto market just reached $20 billion, and today this number has exceeded $2 trillion, an increase of more than 100 times.
Four years ago, the price of Bitcoin reached a historical high of $19,497 and then broke through all the way, rising to $63,503, an increase of more than 200%. The use cases of blockchain have also expanded into DeFi, NFT, Metaverse and more.
Behind these data reflects the four-year rapid development of the industry. During the 4th anniversary of KuCoin, KuCoin Blog will share 4 key data to review the milestones achieved by KuCoin.
KuCoin’s Accumulated Transaction Volume (USD)
In this four-year journey, we have achieved a breakthrough in transaction volume from 0 to $500 billion, with a total of 820 million accumulated number of traders and an average daily transaction volume of more than $4 billion, a year-on-year increase of 791%.
The peak transaction volume has exceeded $10 billion from $0.4 billion. What’s behind is the expansion of the user scale: Up to now, the number of registered users of KuCoin has exceeded 8 million.
In addition to spot trading, we have also grown significantly in fields such as crypto derivatives and staking. The accumulated number of registered KuCoin Futures users has exceeded 3 million, and the volume of user holdings has increased by 15 times compared with that of last year.
The Pool-X Earn platform also maintained rapid growth. It has supported 83 token lock-ups. The amount of locked-up funds in the first half of 2021 increased by 281.65% year-on-year.
Tradable crypto assets
As the "People's Exchange", KuCoin has been continuously supporting high-quality crypto assets. We have discovered 400+ high-quality assets through various methods such as direct listing, community voting, Spotlight, KuCoin Win, BurningDrop, etc.
Spotlight has launched 14 token sales, and the ROI has reached 994%; PDEX price broke its highest increase of 114 times after being listed on KuCoin. BurningDrop has launched 20 projects with an ROI of 731%; among which, PBX 's highest price performance reached 48 times, and XCAD reached 33 times.
The tradable assets on KuCoin cover the best trending DeFi, NFT, Metaverse, Solana ecosystem, Polkadot ecosystem, Web3.0, and many other trending sectors. In addition, we have launched high-quality trading boards to help users more easily participate in the investment in promising blockchain sectors and projects. So far, there are 56 projects included in the DeFi trading board, 32 in the NFT trading board, and 9 in the Metaverse trading board.
$300 million+ worth of KCS Burn
In the past four years, KCS has executed 20 KCS Burn with a total of 32,072,798 KCS valued at over $300 million. The current circulation of KCS is 77,927,202. The liquidity of KCS also keeps improving, as KCS has been listed on exchanges including KuCoin, MXC, Poloniex, AscendEX (formerly Bitmax) and Probit.
The use cases of KCS are also being enriched. Not only can it be used to pay trading fees with a 20% discount, but it can also participate in various forms of platform activities such as Spotlight, BurningDrop, LockDrop, KuCoin Win.
In addition, the KCS bonus has always been one of the best ways to obtain passive income recognized by users. In the KCS Bonus Leaderboard, there are users who have held KCS for 935 consecutive days and received more than $1 million in incentives.
Best Crypto Exchanges for 2021
As a top exchange platform in its global reach, KuCoin has 19 official communities worldwide with a total number of over 300,000 community fans. KuCoin's official Twitter has more than 800,000 followers with rapid growth, especially in developing countries in Latin America, Africa and Asia. In 2021, the number of users in these regions increased with QoQ growth— 171.93%, 130.16%, and 67.5% correspondingly.
The overall ranking of KuCoin has also improved significantly. According to the ranking data shown by well-known websites such as CoinMarketCap and CoinGecko, KuCoin has become the world's top 5 trading platforms. It is also named as one of “the Best Crypto Exchanges for 2021” by Forbes Advisor in June this year.
The 4-year journey is filled with ups and downs, KuCoin has come out of a magnificent achievement step by step. These are inseparable from the support of every KuCoiner. We are looking forward to achieving more milestones and creating a brighter future for KuCoin, as well as the crypto industry.
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