Adaptation to market fluctuations and organizational transformations

Cryptocurrency Exchang Kucoin has released its headquarters in Seycheselles a performance review report that explains in detail its activities and growth in 2024.

According to a joint version with CryptopotatoThe platform has registered growth in many areas, including the global user base, spot trading, futures market, compliance, and menus.

Kucoin launches the performance report 2024

One of the aspects that emerged was the compliance of Cocoin. The Crypto Exchange said it was the first registered platform for the Financial Intelligence Unit in India, where it has made five additional regulatory licenses around the world. Tokeninsight also admitted the exchange of organizational leadership, promoting risk management and security practices by creating Bug Bounty programs and enforcing money laundering and knowledge.

While Cocoin strengthened its organizational compliance, the international user base for the stock exchange exceeded 38 million, with the fastest growth in the regions of Latin America, the Middle East and North Africa.

Meanwhile, the instant trading platform in Kucoin recorded a huge growth, as trading volumes in the Middle East, North Africa and Europe increased by 300 % and 144 %, respectively. The company expanded its commercial offers and made a section for the Mimi currency. There were more than 300 new symbolisms across the platform, representing 98 % on year on annual basis (YOY). By the end of 2024, new lists have multiplied on Cocoin, with a 170 % increase in the last quarter of the year.

Kucoin investments and Por reports

Moreover, the Kucoin trading platform has seen significant growth, driven by the highest user’s adoption. Users established 7.5 million robots in 2024, on the occasion of an increase of 36 % year on an annual basis.

The Kucoin Crypto Jervo, Kucard, witnessed a 48 % increase in transactions, indicating a strong user participation. This growth coincided with the launch of the Solution Merchant Solution Kucoin Pay, which enables individuals and companies to obtain encryption payments.

In addition, Kucoin doubles entrepreneurs in the early stages by investing in entities through the Blockchain sectors and artificial intelligence. The Stock Exchange also launched a research department and an educational platform, which attracted more than three million learners.

Kucoin has published monthly reports of reserve reports (Por), which showed that the user’s deposits were fully supported by a guarantee rate exceeding 1: 1 by the end of the year. The trading platform also sponsored many events and won more than 100 prestigious awards.

This year, Kucoin aims to focus on security, innovation, user experience, next generation techniques and solutions driven by artificial intelligence.

“Confidence remains at the core of our platform, and we are committed to enhancing security measures, deepening organizational participation around the world, and leading penetration innovations that form the future of encryption,” the stock exchange stated.