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

InternationalPM Modi arrives in Argentina, first bilateral visit by an Indian PM in 57 years

InternationalPM Modi arrives in Argentina for third leg of five nation visit

InternationalHamas gives "positive response" to 60-day ceasefire proposal in Gaza

InternationalIndian diaspora in Argentina express happiness, eagerly await to give rousing welcome to PM Modi

InternationalTump signs 'Big Beautiful Bill' into law on US Independence Day

Business Realted Stories

BusinessPM Modi to join BRICS leaders in Brazil; Indian industry eyes deeper trade, investment ties

BusinessNew Development Bank must support SMEs and women-led enterprises: Nirmala Sitharaman

BusinessNorthern Region Ministers' Conference on Civil Aviation held in Dehradun

BusinessZerodha founder Nithin Kamath lauds SEBI for "going after" Jane Street

BusinessIndia exports toys to 153 nations, govt plans another promotional scheme for sector: Piyush Goyal