As the mainstream continues to pay more attention to crypto, it is essential to keep the momentum rolling. KuCoin’s fifth anniversary is a joyous event, yet the company keeps at least one eye on the future.
Further KuCoin Growth Plans
Despite bearish market conditions, there is no better time to build than today. KuCoin acknowledges that aspect as the team unveiled its plans for the coming years. Although the platform is active in 200 countries and has over 20 million users, there is still a substantial demand for further growth and expansion.
To achieve that goal, the company will focus on several key pillars:
- Wonderland: an interactive NFT launch platform for games
- Windvane: an inclusive decentralized NFT marketplace
- The KuCoin Wallet
- Enhancing its Trading Bot, Spot Grid, DCA, Futures Grid, Smart Rebalance, and Infinity Grid Products
- Continuing growth in the Futures market by increasing daily trading volumes
- The KuCoin Pool (Bitcoin mining pool)
Furthermore, the company has laid out plans to expand Web3 efforts across the board and commits to the Glocal Strategy. Glocal (Global + Local) is a new initiative to establish regional headquarters and create more jobs. The first regions of interest are Hong Kong, Thailand, Singapore, and Dubai, with more to follow. Glocal is part of KuCoin’s initiative to bring unrestricted access to digital assets to all users.
The core aspects of KuCoin – supporting hundreds of assets and over 1,200 trading pairs – will continue to be enhanced and finetuned. Moreover, the exchange recently surpassed $2 trillion in cumulative trading volume, and $3 trillion is the next big milestone. With support for 23 languages and a further dedication to localization efforts, there is much growth potential.
Recapping Five Years of KuCoin
The KuCoin exchange has been around for five years, warranting several celebratory events. Users can participate in upcoming trading campaigns, buy BTC/ETH/KCS at a 10% discount, acquire limited edition NFTs, and more. Additionally, there will be Mystery Boxes – which may help users get whitelisted on Windvane – to look forward to.
My Crypto Story with KuCoin is an upcoming event for everyone passionate about documenting and sharing their cryptocurrency experience. Users can submit stories until October 11 to share in the $20,000 prize pool. After that, community members will decide the winner by voting. Moreover, those who vote will participate in a $5,000 prize pool.
There is also a strong focus on KCC, the KuCoin Community Chain. The technology stack notes vigorous developer activity, and over 20 participating projects will participate in the KCC Beowulf event. Beowulf is a dedicated Web3 event organized with KuCoin Wallet and Windvane. Users can interact with the projects deployed on KCC during this seven-week interacting activity event.