Kucoin opened their Hong Kong based exchange in September 2017 with their eyes on hitting the top 10 list in world exchanges by 2019. They are currently far ahead of schedule. Today, the 8th of January, one day after becoming a full-fledged tech unicorn the company finds itself ranked #16 in volume, up from #47 in November, and celebrating their new rank as a Unicorn – a tech startup valued at over 1 billion dollars.
The huge surge in their value is due to the Kucoin shares (KCS) skyrocketing in value from .90 cents in late December, now all the way up to the $20 range. The sheer number of users and trading volume has made the fledgling exchange explode with growth as more and more people are flocking to cryptocurrency. Kucoin has a very easy to use interface and requires no ID verification. Interested traders can begin immediately.
Thank you all for your support!
The KuCoin Team.