City
Epaper

KuCoin Soars in India: 356 per cent App Download Surge Following FIU Registration

By ANI | Updated: June 6, 2024 11:55 IST

VMPLVictoria [Seychelles], June 6: According to Sensor Tower's data in May 2024, KuCoin saw a 356% surge in ...

Open in App

VMPL

Victoria [Seychelles], June 6: According to Sensor Tower's data in May 2024, KuCoin saw a 356% surge in App downloads from India, underscoring its rapid growth as the first FIU-compliant global exchange. The second and third fastest-growing FIU registered compliant exchanges are CoinDCX with a 26.3 per cent increase and CoinSwitch with a 15.1 per cent increase.

Johnny Lyu, CEO of KuCoin, commented, "We are immensely proud to be the fastest growing compliant global CEX in India. This achievement underscores our commitment to providing secure, reliable and innovative financial solutions to our users. The Historic Prosperity Carnival is one way to celebrate this milestone with our community, and we look forward to building and creating more value in the Indian market."

While experiencing a huge uplift in app downloads in the Indian market, KuCoin, known as" the People's Exchange", announced the launch of the "Historic Prosperity Carnival" in India to give back and celebrate with its community. From May 14th to August 11th 2024, users are invited to participate in exciting campaigns such as Weekly Futures Trading Challenges and Margin Events, with opportunities to win rewards including Redmi Note 13 Pro 5G, cashback and airdrops. On top of all these, starting from June 6th, newly registered users will receive a 2 USDT bonus as a welcome gift, plus an additional 2 USDT bonus upon completing their first trade. Participants are also encouraged to join KuCoin Indian Community for the upcoming airdrops.

For more information on the Historic Prosperity Carnival and to participate in the events, please visit the official announcement page or the event page on KuCoin's website.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 31 million users in more than 200 countries and regions. KuCoin ranks one of the top 5 crypto exchanges. In 2024, KuCoin was acclaimed as "One of the Best Crypto Apps & Exchanges of March 2024" by Forbes Advisor and has been included as one of the top 50 companies in the "2024 Hurun Global Unicorn List". Learn more at https://www.kucoin.com/.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

AurangabadFrom knee surgeries to hero: Shilanand Lakra's comeback inspires India's Asia Cup win

CricketIf Arshdeep...: UAE coach Lalchand underscores quality of India's bowling attack, rues lack of patience from his side

AurangabadWhen theatre mirrors life’s emotions

Entertainment"Feels amazing": Vishal Jethwa on TIFF screening of 'Homebound'

InternationalMarco Rubio, Wang Yi hold call on bilateral, global issues

Business Realted Stories

BusinessIowa Gov Kim Reynolds visits Praj Industries, Mittal Farm aims to strengthen economic ties

BusinessTN Transport Dept seeks bids for vehicle tracking device installation

BusinessEACC to make TN hub for global trade and EV exports, says Rohit Gupta

BusinessAir India starts special flights on Delhi-Kathmandu route for stranded flyers

BusinessTop discount brokers Groww, Zerodha, Angel One, Upstox's investors base continues to shrink in August