KuCoin’s CEO Johnny Lyu revealed that the crypto change had ready for the market volatility because of its expertise within the house.
Johnny Lyu, the CEO of crypto change KuCoin, advised NASDAQ in a latest interview that the corporate had ready for the cryptocurrency winter.
The crypto house has been in a bearish development for almost a 12 months now, with the costs of most cash down by greater than 60% from their all-time highs.
The crypto winter has seen some corporations take drastic measures, reminiscent of submitting for chapter and chopping their workforce. Nonetheless, KuCoin didn’t take any of those measures.
When requested about their efficiency within the bear market, Lyu stated;
“The importance of the crypto winter is drastically exaggerated. We now have been within the cryptocurrency trade for a number of years, we’re prepared for market volatility, and we all know how one can take care of it. For the reason that institution of KuCoin, we’ve at all times been able to make the change and embrace extra adjustments. Due to daring to vary, we constructed a platform for all lessons of buyers. Due to daring to vary, we serve our customers as folks’s change.”
Lyu has been in command of KuCoin for the previous few years, and he said that he’s having fun with his time main the cryptocurrency change. He advised NASDAQ that;
“It’s actually a magical feeling! These final 5 years reside testimony of our reliability and security. The staff and I are overwhelmed with a real sense of delight. Comfortable Anniversary to all customers of KuCoin and our staff! We’re within the high 5, over 700 cryptocurrencies are listed on the change, and we’ve 20 million customers, a million of whom have been with us for the reason that first 12 months of KuCoin operation.”
KuCoin was launched in 2017 and stays one of many main cryptocurrency exchanges on the planet.
Concerning KuCoin’s future outlook, Lyu stated the corporate is specializing in defending the pursuits of its customers world wide who need to purchase and promote cryptocurrencies, make investments and commerce.
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