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KuCoin Token (KCS) is the native token of KuCoin, a world-leading cryptocurrency exchange, that came out back in 2017. The initial total supply of KCS was set at 200 million, and its final supply is planned to stabilize at 100 million through a buyback and burn mechanism. With the vision of “from geeks to mass adoption”, KCS is building a blockchain-based value self-circulation ecosystem and connecting the world of both centralization and decentralization to build a robust Web 3.0 ecosystem for everyone to access with ease.
As the native token of KuCoin, KCS allows its holders to share the growth benefit of KuCoin. Hold at least 6 KCS tokens qualify for a daily reward that comes from KuCoin’s daily trading fee revenue. In addition, KCS is also a utility token that has a lot of use cases including getting a 20% trading fee discount on KuCoin, participating in Spotlight and BurningDrop, booking a trip on Travala and more.
Another important milestone for KCS is the development of KCC, which is a decentralized public chain built by the fans of KCS and KuCoin’s fan communities. KCS is native token and the only fuel for KCC, which can be used to pay gas fees and support the development of projects built on KCC.
14 Jun 2023 2 minute read 4 comments yanis
If you're new to crypto, chances are high you're currently storing your freshly purchased coins on a centralized exchange such as binance or kucoin. Even if you only claimed crypto for free on faucets, your hard-earned coins might be sitting in a cen...
14 Jun 2023 1 minute read 0 comments Louky
Hey there, buddy! I know you've been itching to know what's up with Bitcoin's price in 2023. It's all the rage, and let's be honest, it can be a bit mind-boggling. But fear not, my friend, I'll break it down for you and spill the beans on a few ways...
12 Jun 2023 2 minute read 1 comment Louky
Yo, crypto crew! Listen up 'cause I've got some serious news to drop. I recently discovered the ultimate crypto playground: Uphold. It's the place to be if you're into that crypto life, my friends. Forget those basic exchanges like Binance, Coinbase,...
6 Jun 2023 2 minute read 11 comments ⚡ Daniela ⚡
Today, I completed my first month as a writer on this platform. It has been an enjoyable yet challenging experience. Although I will discuss the statistics shortly, let me begin by stating that compared to other professional endeavors, it would be co...
3 Jun 2023 3 minute read 16 comments ⚡ Daniela ⚡
Overexcitement and Bonuses Galore: My Journey with Uphold I can't contain my excitement as I recount my recent experience with Uphold, the not so popular shitcoin casino. I believe that more popular casinos are Binance, Coinbase, Kraken or Kucoin,...
30 May 2023 1 minute read 7 comments yanis
NFT games sound like a great opportunity on first onboard : buying a NFT, getting rewards on every win/fight. But, is it really heaven ? Onboarding process In order to play these games, you will have to purchase a NFT representing your fighter (Wal...
28 May 2023 3 minute read 8 comments ⚡ Daniela ⚡
As Bitcoin gains momentum and recognition as a decentralized digital currency, it faces challenges that impede its widespread adoption. High transaction fees have emerged as a significant obstacle, particularly for smaller payments. To address this c...
22 May 2023 2 minute read 1 comment Bfab
Like some of you, I have been a bit shocked by the news of Hotbit's recent decision to shut down. Hotbit would have fallen victim to cyber attacks and the ongoing crises in the crypto world, leading to the unfortunate outcome of closing its doors. Le...
22 May 2023 5 minute read 1 comment BlockChain Observer
Recently, Torches Finance, the first lending protocol on KuCoin's public chain project KCC, made an adjustment: the base rate of sKCS has been changed from 3% to 1%. Many people are puzzled about why Torches made this decision. After conducting some...
19 May 2023 1 minute read 0 comments KuCoin Community Chain (KCC) Official
Summarizing the recent progress of our chain and the latest news about KCC projects, here is the KCC Weekly Report #41. KCC Data Highlight KCC Ecosystem Update KCC Joined the Blockchain Economy Event in Istanbul May 15, KCC joined the Blockchain...
