KuCoin CEO Talks About Bitcoin Bear Market: “Don’t overdo it!”

One of the world’s leading cryptocurrency exchanges KuCoin recently celebrated the 5th anniversary of its establishment.

Speaking to Nasdaq.com at this celebratory party, KuCoin CEO Johnny Lyu to the stock market and cryptocurrency made important statements about the market.

Stating that KuCoin has achieved great growth since its establishment in 2017, Johnny Lyu said that he and the whole team are proud of this success.

“Being the head of KoCoin is truly a magical feeling. The team and I are overwhelmed with a real sense of pride.

We are in the top five in the world rankings. More than 700 cryptocurrencies are listed on the exchange and we have 20 million users.

When we founded KuCoin in 2017, we focused on creating an exchange for all classes of investors that is user-friendly, reliable, and meets the needs of users and protects their interests.”

“Crypto Winter Is Overrated!”

Answering questions about the crypto winter that is already dominating the crypto market, KuCoin CEO Johnny Lyu said, “The crypto winter has caused some companies to take drastic measures, such as filing for bankruptcy and cutting their workforce. However, KuCoin did not take any of these measures. What’s the secret to this?” He answered the question as follows:

“Crypto winter and bear markets are overrated.

We have been in the cryptocurrency industry for many years, we are ready for the high volatility in the market and we know how to deal with it.

Since the founding of KuCoin, we have focused on leading change and making more change.

In this context, the theme of KuCoin’s fifth anniversary will be “Change is happening”.

We have achieved these achievements and are in the top five because we dared to change.

Continuing our belief in building for change, we calmly counter market volatility.”

Lyu finally said that KuCoin’s top priority is to protect the interests of its users who want to buy, sell, invest and trade cryptocurrencies from all over the world.

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