Europe Leads as KuCoin Returns over $2 Trillion in Volume in Six Months

Spot and futures trading volumes on KuCoin, a Seychelles-headquartered cryptocurrency exchange, peaked at over $2 trillion dollars in the first half of 2022.

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This represents a 180% year-on-year growth for the crypto exchange.

KuCoin's European market operations led the total half-year turnover with $481 billion.

The cryptocurrency exchange disclosed these figures on Thursday in a semi-annual report highlighting its performance in the first half of this year.

The exchange in the first quarter of this year had recorded over $1 trillion in its spot and futures trading volumes.

Regional Performance

According to KuCoin, Europes performance was followed by Latin America which turned over $453 billion at a growth rate of 189% YoY.