KuCoin Released The 2022 H1 Review,  Trading Volume Exceeded 2 Trillion

KuCoin Released The 2022 H1 Review, Trading Volume Exceeded 2 Trillion

Despite the ongoing bearish market conditions, KuCoin reported massive growth in the first half of 2022.

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The crypto exchange saw its trading volume exceed $2 trillion, an increase of 180% compared to the same period in 2021.

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Seychelles-headquartered crypto exchange saw its global userbase exceed 18 million, and its employees to 1000.

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KuCoin aims to go beyond centralized exchange and expand in Web 3.0 with new capital and new partnerships.

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The crypto exchange saw its spot volume peak at $11 billion, and the top daily futures volume was close to $23 billion in May.

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The exchange saw 5.6 million new registered users in Asia, a year-on-year increase of 659%.

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Contrary to major crypto firms that are laying off employees en masse, KuCoin is actively hiring amid the ongoing bear market.

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