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KuCoin Records 121% Growth in Spot Trading Volume Led by MENA with 263.91% Surge

2M ago
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  • KuCoin witnessed 121.85% growth in spot trading volume in Q1 2024.
  • The MENA region lead in volume increase with an impressive surge of 263.91%. 
  • KuCoin listed 73 new assets, propelling the total number of tradable digital assets to 892.

Prominent global cryptocurrency exchange KuCoin recorded substantial advancements in various aspects of its operations in the first quarter of 2024. KuCoin witnessed an explosive 121.85% growth in spot trading volume in the first half of 2024 compared to the figures from Q4 2023.

The exchange announced this milestone in its latest review report for the first quarter of the year. The report noted that the surge in spot volume was particularly noteworthy in the Middle East and North Africa (MENA) region. In particular, the MENA region lead in volume increase with an impressive surge of 263.91%. 

Meanwhile, KuCoin remarked that it stood resilient amid market fluctuations despite encountering a blend of hurdles and triumphs. The exchange pointed out that the initial months witnessed bullish market sentiment and regulatory adjustments, presenting opportunities and obstacles. 

Aside from spot trading volume growth, KuCoin achi…

The post KuCoin Records 121% Growth in Spot Trading Volume Led by MENA with 263.91% Surge appeared first on Coin Edition.

2M ago
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