It’s no secret that KuCoin and Binance are two of the most popular cryptocurrency exchanges. But which one is bigger? Let’s take a look.
When it comes to trading volume, KuCoin is currently the fifth largest exchange with a 24-hour volume of $1.4 billion. Binance, on the other hand, is the largest exchange with a 24-hour volume of $6.
4 billion. So it’s clear that Binance is the bigger exchange.
But what about user base? Here, it’s a bit harder to say. KuCoin doesn’t release its user numbers publicly, but according to estimates, it has around 5 million users.
NOTE: This question is difficult to answer definitively, as both KuCoin and Binance are large cryptocurrency exchanges in terms of user base, market capitalization, and daily trading volume. Therefore, it is best not to make assumptions about which exchange is larger than the other without doing extensive research. Additionally, it is important to remember that the size of an exchange does not necessarily equate to its safety or quality.
Binance, on the other hand, has around 10 million users. So again, it seems that Binance is the bigger exchange.
Finally, let’s look at profitability. KuCoin was founded in 2017 and it has already become profitable.
In fact, it was profitable within just six months of operation! Binance, on the other hand, was founded in 2017 and it is still not profitable. So KuCoin is the more profitable exchange.
So there you have it: KuCoin may not be as big as Binance in terms of trading volume or user base, but it is more profitable and it has a bright future ahead.
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