KuCoin Exchange

KuCoin Exchange, also known as "The People's Exchange", is a cryptocurrency exchange that is headquartered in Singapore. The cryptocurrency exchange officially launched on September 15, 2017 and was founded in 2013 by Michael Gan, Eric Don, Top Lan, Kent Li, John Lee, Jack Zhu, and Linda Lin.

Introduction to KuCoin Exchange.

The exchange platform offers a KuCoin wallet that is protected by multilayer encryption and offline storage through bank safe and/or funds escrow. KuCoin also comes with profit sharing among token holders.

In September 2017 KuCoin completed their initial coin offering (ICO) with approximately $27.5 million worth of Bitcoin (5500 Bitcoin at the time of ICO). The company planned to use the ICO money to hire developers and expand their support team from 50 to 100.

On November 15, 2018 KuCoin completed their series A funding round with $20 million in funding from NEO Global Capital (NGC), Matrix Partners, and IDG Capital. The series A funding will be used to develop and launch the KuCoin 2.0 platform. KuCoin made the following public statement after announcing their series A funding:

We will continue to spare no effort in exploring the best hidden gems in the crypto world while growing exponentially on a global scale and, more importantly, solidifying our position as ‘The People’s Exchange'.