Kucoin 2024 trip: adaptation to market volatility and regulatory changes

The exchange of cryptocurrencies based in Seychelles Kucoin has published a performance review report detailing its activities and growth in 2024.

According to a shared copy with CryptopotateThe platform recorded growth in several areas, including the base of global users, specific shops, the futures market, compliance and listings.

Kucoin launches the 2024 performance report

One aspect that stood out was Kucoin’s fulfillment. The encryption exchange said it was the first platform registered in the Indian Financial Intelligence Unit, achieving five additional regulatory licenses worldwide. Tokeninsight also recognized the regulatory leadership exchange and strengthened its risk management and security management practices through the creation of error rewards programs and applying their measures against money laundering and knowledge.

While Kucoin reinforced its regulatory compliance, the global user base of the exchange expanded beyond 38 million, with the fastest growth recorded in the Latin American and the Middle East and North Africa regions (Mena).

At the same time, the Kucoin Spot negotiation platform registered a mass growth, with the commercial volumes of Mena and Europe by increasing 300% and 144%, respectively. The company expanded its future negotiation offers and introduced a section for meme coins. There were more than 300 new tokens listings on the platform, which represent a growth of 98% year -on -year (interannual). At the end of 2024, the new listings on Kucoin doubled, with a 170% increase in the last quarter of the year.

Kucoin investments and reports

In addition, the Kucoin commercial boat platform saw significant growth, driven by greater user adoption. Users created 7.5 million bots in 2024, marking an interannual increase.

Kucoin Crypto’s debit card, Kucard, experienced a 48% increase in transactions, indicating a strong user participation. This growth coincided with the launch of the Kucoin Pay commercial solution, which allows people and companies to receive cryptographic payments.

In addition, Kucoin doubled to support initial stages entrepreneurs by investing in block chain entities and artificial intelligence sectors. The exchange also launched a research and education division platform, which attracted more than three million students.

Kucoin published reservation test reports (by) monthly, which showed that user deposits were completely supported with a collateralization ratio that exceeds 1: 1 by the end of the year. The commercial platform also sponsored several events and won more than 100 prestigious awards.

This year, Kucoin aims to focus on safety, innovation, user experience, next -generation technologies and AI -promoted solutions.

“Trust remains in the center of our platform, and we are committed to improving security measures, deepening regulatory commitment worldwide and promoting innovative innovations that shape the future of cryptography,” the exchange said.