KuCoin trading volume passed $1T in 2021 In 2021, cryptocurr | Binance Coinbase Kucoin News

KuCoin trading volume passed $1T in 2021

In 2021, cryptocurrency exchange KuCoin experienced exponential growth in different areas. Its users topped 10 million, it listed more than 300 new tokens, and the price of its native token (KCS/USD) rallied by over 3100%.

Average daily trading volume reached $3B

KuCoin’s cumulative trading volume on spot and futures trading exceeded $1 trillion, while the average daily trading volume peaked at $3 billion, up 11x from the previous year.

KuCoin’s spot market share increased from 1.42% to 6.79%, while their share of the futures market grew from 0.48% to 3.09% over the 12 months of 2021, much more than the average for the industry.

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https://invezz.com/news/2022/01/21/annual-kucoin-report-highlights-trading-volume-passed-1t-in-2021/