KuCoin Futures Exceeds 3 Million Customers on Its Second Anniversary By DailyCoin

KuCoin Futures Exceeds 3 Million Customers on Its Second Anniversary

KuCoin, a world main crypto trade welcomes two-year anniversary of their Futures service. The service retains rising quick due to excellent help from KuCoin customers. KuCoin Futures was launched in August 2019 and ushers in its second anniversary. Because the preliminary launch, the platform has change into one of many prime 10 world Futures buying and selling platforms in the marketplace right now.

The crew fondly remembers the day once they launched the primary Perpetual contract. At present, that funding mechanism spans over 60 totally different cryptocurrencies on KuCoin. The variety of contract customers elevated by 260% and the open pursuits (OI) elevated by 15 occasions in comparison with final yr.

“The consumer interface and expertise of KuCoin Futures have improved dramatically through the years. Initially, it was solely accessible via an online portal, however it has change into a full-fledged internet and cellular app expertise,”
mentioned Johnny Lyu, CEO of KuCoin,

“As well as, many cryptocurrency lovers depend on their smartphones for buying and selling functions, and KuCoin acknowledges that pattern early. These components all contribute to KuCoin Futures surpassing 3 million registered customers in two years.”
After the preliminary success of the Bitcoin perpetual contract, the KuCoin Futures platform started introducing help for extra currencies and providers. Step one was Supply contracts to create an instance for the broader crypto futures buying and selling business. Then, after enabling extra help for hedging and arbitrage, the crew launched quite a few mainstream and promising cryptocurrency contracts to advertise publicity diversification.

With help for 13 languages and the LITE model to assist novices get acquainted with Futures Buying and selling, KuCoin continues to boost the bar. Final yr, the crew launched the KuCoin Futures Brawl, gamifying the idea of crypto futures buying and selling. Over 200,000 customers partook on this occasion and confirmed it was a enjoyable expertise.

The longer term outlook for KuCoin Futures contains additional upgrades for leverage and preliminary margin ratios of sure contracts. Moreover, customers can count on extra modern merchandise and options, together with the KCS contract launch in This autumn 2021. Cross-collaterals are one other vital function coming later this yr, paving the best way for KuCoin Futures buying and selling system 2.0, slated for a 2022 launch.

To have fun the two-year anniversary of the KuCoin Futures launch, the crew started an anniversary carnival on August 18, 2021. In the course of the occasion, a complete of $1 million USDT in bonuses can be awarded to customers. That giveaway follows on the heels of the warm-up $100,000 bonus giveaway, awarding customers with trial funds and deduction coupons primarily based on their historic futures buying and selling quantity.

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