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KuCoin’s Q3 report says THIS will happen to its KCS token
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Many of 2021’s most exciting developments in the crypto-sector were overshadowed by regulatory pressure and even outright bans by China and other countries. Apart from traders, crypto-exchanges also bore the brunt of this.
However, one exchange has reviewed its summer performance to offer up some fascinating data.
On 25 October 2021, the Seychelles-based exchange KuCoin released a report highlighting its performance in Q3.
Sharing some of the major insights on Twitter, KuCoin CEO Johnny Lyu claimed that the exchange’s trading volume topped $258 billion in Q3. This was an increase of 720% when compared to Q3 in 2020.
On the question of new investors, Lyu said,
“1.5 million new users have registered on #KuCoin in Q3, maintaining a sharp increase
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