Home web3.0 KuCoin exchange's country of origin and mainland registration status

KuCoin exchange's country of origin and mainland registration status

Oct 12, 2024 am 10:19 AM
cryptocurrency exchange

KuCoin is registered in the Seychelles, a country that has a positive attitude toward cryptocurrencies and a friendly business environment. In mainland China, KuCoin is not registered as the government imposes strict regulations on cryptocurrency exchanges, prohibiting them from operating in the country.

KuCoin exchanges country of origin and mainland registration status

Country of KuCoin Exchange

KuCoin is a cryptocurrency exchange registered in the Seychelles Islands . The Seychelles is an island nation located in the Indian Ocean known for its business-friendly environment and positive attitude towards cryptocurrency regulations.

Mainland registration status

KuCoin is currently not registered in mainland China. The Chinese government imposes strict regulations on cryptocurrency exchanges, prohibiting them from operating within the country.

KuCoin Token (KCS) Price Analysis

As of October 11, 2024, the price of KCS is $8.01 with a trading volume of $1.06 million. It is up 2.64% in the past 24 hours.

Price change factors

  • Reviving market sentiment
  • Increase of KuCoin exchange users
  • Increase of KCS staking rewards

Future Price Movement

KCS’s technical indicators are showing bullish signals, such as an upward rise in the Relative Strength Index (RSI) and an increase above the 50-day moving average. cross. This suggests that KCS prices may continue to rise.

Recommend

to hold KCS as a long-term investment. The current price is considered a good entry point for buying.

Short-term trend prediction

KCS price is expected to continue to rise and may reach $9 in the short term. US$964 million

Circulating supply: 120 million KCSMaximum supply: 170 million KCS

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