KuCoin Reports Significant Growth in First Half of 2024
KuCoin Reports Significant Growth in First Half of 2024
🚀 KuCoin's explosive growth
KuCoin, a prominent cryptocurrency exchange, has released its 2024 H1 report, highlighting substantial growth and achievements. The company has surpassed 34 million users and secured five regulatory licenses. KuCoin has also processed over 3,600 law enforcement requests, demonstrating its commitment to compliance and security. The exchange reaffirms its vision to become a leading global technology company in the cryptocurrency sector. This report follows a strong performance in 2023, where KuCoin experienced a 106% year-over-year increase in spot trading volumes and approached 31 million users by the end of the year.
KuCoin Launches Next Crypto Gem Trading Challenge with 14,000 USDT Prize Pool
KuCoin has announced a new trading competition featuring five cryptocurrencies: TOWER, ROSE, ENA, C, and REKT. Key Details: - **Duration**: August 11-21, 2025 (12:00 UTC) - **Prize Pool**: 14,000 USDT - **Primary Trading Pair**: TOWER/USDT Participants can compete by trading any of the featured tokens on KuCoin's platform. The competition aims to identify promising crypto projects while rewarding active traders. For complete rules and registration, visit [KuCoin's announcement page](https://www.kucoin.com/announcement/en-find-the-next-crypto-gem-trade-to-share-a-14000-usdt-prize-pool)
KuCoin Completes Second Proof of Reserves Audit with Hacken
KuCoin has completed its second independent Proof of Reserves audit conducted by Hacken, demonstrating continued commitment to transparency. The audit confirms: - BTC reserves at 110% - ETH reserves at 110% - USDT reserves at 114% - USDC reserves at 112% This marks the 32nd consecutive month of maintaining over 100% coverage for user assets. The exchange continues to prioritize security and accountability in the crypto space. [View full audit report](https://www.kucoin.com/proof-of-reserves)
SatLayer (SLAY) Gets Listed on KuCoin - World Premiere
**SatLayer ($SLAY)**, a new protocol designed to enhance Bitcoin's utility, is launching exclusively on KuCoin exchange. The platform aims to transform BTC into programmable collateral for various applications including AI, DeFi, and RWA. Key Details: - Trading Start: August 11, 2025, 11:00 UTC - Trading Pair: SLAY/USDT - Deposit Network: ETH (ERC-20) - Deposits: Now open [Full announcement details](https://www.kucoin.com/announcement/en-satlayer-slay-gets-listed-on-kucoin-world-premiere)
Destra Network Token DSYNC to Launch on KuCoin
Destra Network's native token DSYNC is set for its world premiere listing on KuCoin exchange. Key Details: - Trading begins August 11, 2025 at 10:00 UTC - Trading pair: DSYNC/USDT - Token type: ETH-ERC20 - Deposits now open Destra Network is building a decentralized AI-native ecosystem that combines artificial intelligence, computing resources, privacy features, and economic mechanisms for autonomous agents and infrastructure applications. [Full announcement details](https://www.kucoin.com/announcement/en-destra-network-dsync-gets-listed-on-kucoin)
KuCoin Announces Deposit Address System Upgrade
KuCoin is implementing a system upgrade for deposit addresses starting August 12, 2025 (UTC+8). Key changes: - Deposit pages will now auto-generate latest addresses - New addresses recommended for improved transaction processing - Existing deposit addresses remain functional - No disruption to current deposit operations This upgrade follows previous security enhancements, including the IOTA Mainnet wallet address update from November 2023. For detailed information, visit [KuCoin's announcement page](https://www.kucoin.com/announcement/en-announcement-system-upgrade-for-user-deposit-address)