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KuCoin celebrates historic prosperity carnival while recording a 356 percent increase in app downloads in India, cementing its status as the fastest growing FIU compliant global CEX.

According to Sensor Tower data in May 2024, KuCoin saw a 356% increase in app downloads from India, highlighting its rapid growth as the first FIU-compliant global exchange. The second and third fastest growing FIU-registered compliant exchanges are CoinDCX with a 26.3% increase and CoinSwitch with a 15.1% increase.

Johnny Lyu, CEO of KuCoin, commented, “We are immensely proud to be the fastest growing compliant global CEX in India. This achievement underscores our commitment to providing safe, reliable and innovative financial solutions to our users. The Historic Prosperity Carnival is a way to celebrate this milestone with our community and we look forward to building and creating more value in the Indian market.”

While KuCoin, known as the “People’s Exchange”, saw a huge surge in app downloads in the Indian market, the company announced the launch of the “Historic Prosperity Carnival” in India to give back and celebrate with its community. From May 14 to August 11, 2024, users are invited to participate in exciting campaigns such as weekly futures trading challenges and margin events, with the opportunity to win rewards such as Redmi Note 13 Pro 5G, cashback, and airdrops. In addition, starting June 6, newly registered users will receive a bonus of 2 USDT as a welcome gift along with an additional bonus of 2 USDT upon completing their first trade. Participants are also encouraged to join the KuCoin Indian Community for the upcoming airdrops.

For more information about the Historic Prosperity Carnival and how to participate in the events, please visit the official announcement page or the events page on the KuCoin website.

About KuCoin
Founded in September 2017, KuCoin is a leading cryptocurrency exchange with operational headquarters in Seychelles. As a user-centric platform with a focus on inclusivity and community engagement. It offers over 900 digital assets across spot trading, margin trading, P2P fiat trading, futures trading, and staking to its 31 million users in more than 200 countries and regions. KuCoin ranks among the top 5 crypto exchanges. In 2024, KuCoin was recognized as “One of the Best Crypto Apps and Exchanges in March 2024” by Forbes Advisor and was included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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