As Bitcoin enters its 14th year, the entire cryptocurrency industry has also flourished. In particular, some cryptocurrency platforms are starting to become well-established in the field. One of them, KuCoin, one of the largest cryptocurrency exchanges in the world, is celebrating its fifth year. Within the scope of the celebration event, there are many surprises for the users. In this article, we will first touch on KuCoin’s five-year growth, then the fifth-year celebrations.
KuCoin’s 5th Year: Changes and Growth
As the cryptocurrency industry changes and grows rapidly, KuCoin is adapting. Standing out with its new services every year, KuCoin is a cryptocurrency exchange founded in 2017. KuCoin is particularly known for trying to help users “find the crypto gem”. The “gem” in the world of cryptocurrencies are cryptoassets that are unheard of yet but have serious potential, applications and solid foundations.
One of the key factors behind KuCoin Exchange being used by a large user base of 20 million is that it currently supports over 700 cryptocurrencies and over 1,200 trading pairs. But that’s not the only thing that’s made KuCoin survive, grow and prosper for five years.
KuCoin Builds Its Services in a “User-Centric” Way
The exchange has been expanding its product range for five years. In addition to spot trading, fiat added leveraged cryptocurrencies (margin), futures, staking, mining services. In fact, it has consolidated its title of being one of the top 5 exchanges in the world, which it has maintained for a long time in the spot market, as one of the top five exchanges on CoinMarketCap in 2022 in terms of futures. Different services also provided investor diversity. The exchange has launched Trading Bot with little investors and beginners in mind as well as experienced traders. Currently, there are more than 9 million trading bots. In addition, this year, KuCoin Pool has become one of the top 10 Bitcoin mining pools with extensive capacity. It was preferred by many miners in more than 50 regions.
In March, it officially launched Cloud Mining to lower the barriers for users to mine. Apart from that, KuCoin; NFT Launchpad is also making a name for itself in the decentralized space with Wonderland and NFT Marketplace Windwane, which supports mainstream NFT Blockchains. KuCoin’s latest product on the decentralized finance side is KuCoin Wallet. This product can be used to store, purchase and display NFTs as well as cryptocurrencies.
Being “Glocal” and Protecting Users
On the other hand, the stock market is considering to move forward both globally and locally and brings the term “Glocal (Global+Local)” to the cryptocurrency space. He believes that local moves will strengthen global operations. Also, the KuCoin team has been talking about protecting users as their top priority for five years.
KuCoin Celebrates 5th Anniversary: Distributes $1 Million to Users
KuCoin will start its 5th anniversary celebrations from September 28, 2022. In celebration campaigns, it will offer various discounts to thank its users, and will launch limited-edition NFTs.
- Have a Chance to Obtain Limited Edition NFTs: To celebrate KuCoin’s 5th anniversary, the exchange is releasing “Mystery Boxes”. As long as you have one of these, you will have a chance to be whitelisted on Windvane Launchpad. So you will be able to increase your chances of getting the anniversary NFT. Mystery boxes have two different rarity levels, “Super Rare (SR)” and “Super Super Rare (SSR)”. It also consists of five designs. NFTs will be launched on KuCoin’s own Blockchain, KCC, and will be available for a price tag of 0.5 KCS. There will be a total of 555 of SSRs and 5,000 of SRs.
- Share Your KuCoin or Crypto Story: To celebrate its 5th anniversary, KuCoin invites users to tell their own stories. To share the total prize pool of $20,000, you can share your story for cryptocurrencies and KuCoin on the landing page dedicated to KuCoin’s 5th anniversary until October 11th. The user with the most likes will have a chance to win $2,000. Also some posts will be displayed on the homepage and also rewarded. Those who participate in the voting will also receive a share of the $5,000 prize pool.
- Explore Web 3.0 with KCC: KuCoin Community Chain (KCC), KuCoin Wallet and Windvane; KCC will co-edit Beowulf. KCC Beowulf will be a 7-week event with a particular focus on Web 3.0. More than 20 projects in KCC will participate in the event. This event will be the first large-scale event in the Web 3.0 space.
Benefit from many prize pools
Besides the above, you can get rewards with KuCoin’s 5th anniversary celebration just by trading. You can benefit from reward pools with transactions such as margin, futures, staking. You can see all the necessary information about these on KuCoin’s 5th anniversary celebration page.
- Join the Celebration on KuCoin Metaverse: You can trade on KuCoin Metaverse to share the $100,000 prize pool by not celebrating its 5th anniversary.
- Futures, Special Rewards for Margin: You can get a chance to celebrate KuCoin’s 5th anniversary with futures bonuses of 200,000 USDT. You can also enjoy special rewards for margin trading.
- Win 555 USDT with Staking Contest: You can get a chance to win 555 USDT in the staking contest to be held for the anniversary.
- Bonus for New Trading Bot Users: Users who have just started using the trading bot will have the chance to share a zero trading commission and a 10,000 KCS prize pool in honor of the 5th anniversary celebration.
- Earn By Invite Your Friends: You can share the prize pool of 50,000 USDT by inviting your friends to KuCoin.
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