If you’re a crypto enthusiast, you’re probably familiar with the cryptocurrency exchange platform popularly known as KuCoin Margin. The platform is celebrating its 2nd-year anniversary and has announced that it will be marking this year’s celebration through a series of events with millions of rewards.
KuCoin was initially launched in 2019 and it allows users to borrow tokens in order to increase investment returns via successful trades. Even today, years after its launch, the number of margin traders on the platform continues to rise. In fact, KuCoin has surpassed 2 million traders and the transaction volume has risen by over 500x YoY.
At the moment, KuCoin supports 75 tokens along with 99 margin trading pairs. Not only that, since the platform is a global one, it even supports 19 languages to make it even more accessible all over the globe.
Users First — #KuCoinMargin 2nd Anniversary Carnival: Millions of Bonus to Appreciate Having You All The Way!
➡️ https://t.co/hfzDR8lPt6 pic.twitter.com/yI1ZmXfo8e
— KUCOIN (@kucoincom) November 8, 2021
https://twitter.com/kucoincom/status/1457649094726348801?s=20
Since its release, KuCoin Margin has launched new and innovative features to make life easier and more interesting for its users. For instance, it launched the Auto-Borrow function to allow users to quickly and easily leverage transactions. Ultimately, this feature has significantly made the borrowing process so much easier.
On the other hand, the platform also acquired Crypto Lending, a C2C market that allows users to lend their idle crypto assets. This way, they can easily make a passive income for themselves. For the third quarter of 2021, KuCoin’s average daily lending volume has hit $100 million.
According to KuCoin Global’s CEO, Johnny Lyu, the trading platform will continue to optimize its overall user experience. It aims to teach users that “leverage is not a devil, it depends on how you use it.” This way, users will be able to make the most out of KuCoin’s services and features in order for them to quickly reach their investment goals.
Also, it appears that the KuCoin team still has a lot of ideas and upcoming plans up its sleeve. They revealed that users can expect new coins available on the trading platform at some point, as well as new and exciting features set to be released by 2022, such as the Isolated Margin feature.
As for its 2nd-anniversary celebration, KuCoin Margin will be hosting a series of activities with millions of dollars on the line as rewards to those who will join the festivities.
