KuCoin recognizes as the best cryptocurrency application for enthusiasts in 2022 by the Ascent Award. Which praised the cryptocurrency exchange for its low commissions, excellent security measures, openness, and customer-oriented operations.
KuCoin, a global cryptocurrency exchange with over 10 million users, launched in 2017 and today offers over 600 digital assets.
P2P fiat trading, staking, spot trading, lending, and margin trading are currently available on the cryptocurrency exchange. According to CoinMarketCap, KuCoin is currently in the top 5 crypto exchanges. Hence, Forbes named it one of the best cryptocurrency exchanges for 2021. KuCoin received a $20 million investment from Matrix Partners and IDG Capital in 2018.
About the Ascent
The Motley Fool’s The Ascent is a personal finance service that assesses and reviews critical goods for everyday financial problems. The Motley Fool delivers over 28 years of financial experience, independent analysis. As well as trustworthy recommendations to the world of daily personal finance decisions with The Ascent.
It has chosen Best-Of Award winners in seven categories. Credit cards, banking, stockbrokers and cryptocurrency exchanges, mortgage lenders, auto insurance, and personal loans.
Furthermore, the Ascent experts chose the winners as the companies that reflect the top pick for the majority of consumers. Wells Fargo, Bank of America, Chase, and American Express are just a few of the well-known names on the list.
So to find the finest crypto exchanges, The Ascent employs a clear grading process. Service, low pricing, cryptocurrency options, security, and transparency examines among the aspects by its team of experts.
After all of this considers, the winners are decided by a vote to assure impartiality and justice. The Golden Rule Check takes into account by the service experts. Can we suggest this transaction to a relative or friend?
Top Software for Enthusiasts
The Ascent awarded the global KuCoin cryptocurrency exchange’s software gadget the top application for enthusiasts in its yearly survey.
The Ascent also acknowledged Gemini, Coinbase, Binance.US, Crypto.com, and FTX for their outstanding achievements in ensuring exceptional accessibility and convenience to digital assets.
KuCoin’s substantial user base growth and trading volumes. Which surpasses $1 trillion in cumulative terms in 2021 and $3 billion in daily turnover for Futures and Spot Trading, recognized by The Ascent.
Additionally, the said coin received this honor just a few weeks after announcing that it crosses the 10 million user mark in late 2021. On CoinMarketCap and Coingecko, KuCoin ranks among the top five cryptocurrency exchanges.
KuCoin bills itself as an exchange run “by the people, for the people,” with an emphasis on cryptocurrency trading. Over 1,100 trade pairs are available on the exchange, and it has hosted the listing of over 640 cryptocurrencies that have since been classified as diamonds.
Indeed, it has recently created a $100 million fund devoted to metaverse research and incubation of interesting ideas in an effort to achieve greater metrics.
Thus, the move is part of the exchange’s ambition to improve the entire holistic nature of its native infrastructure, allowing it to better serve the growing number of customers looking for convenient and variety items on the decentralized market.
