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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.
31 Jan 2023 2 minute read 6 comments KuCoin Blog
After a somewhat rocky 2022, the crypto market is off to a promising start in January as leading digital assets Bitcoin and Ethereum overcome key levels. The crypto market cap bounces back above $1 trillion. The positive sentiment has had a spillover...
29 Jan 2023 1 minute read 3 comments Crypto Raj
Dear Readers, In the series of crypto cards, the Kucoin Exchange has announced that it will launch KuCard with the partnership of VISA to facilitate the real time Crypto payments for the merchants. As enabled with VISA one can use this card worldwid...
28 Jan 2023 1 minute read 4 comments Crypto Raj
Dear Readers, The invention and usage of Artificial Intelligence tools makes our lives super happy and comfort! Though it can not be compared to the human brains at this point in time, we gain the comfort using this AI in our activities which ease ou...
23 Jan 2023 1 minute read 0 comments Stellar Lottery
The Stellar Lottery Initial Exchange Offering (IEO) is currently ongoing and offers a unique opportunity for investors to receive 50 times more of their $SLT tokens by holding them from January 23rd to January 26th. The Stellar Lottery project is a d...
21 Jan 2023 1 minute read 0 comments Stellar Lottery
The Stellar Lottery team is excited to announce that we will be applying for listing just after IEO, on some of the biggest and most reputable crypto exchanges in the market, such as KuCoin, OKex, and Gate.io. KuCoin, OKex, and Gate.io are known for...
21 Jan 2023 1 minute read 0 comments Bfab
As a reminder, my Short Portfolio is not about the cryptos I have bought, but about the cryptos I have shorted. What does it mean to short a crypto? Shorting a crypto means to borrow and sell a crypto, with the expectation that the price will decreas...
20 Jan 2023 2 minute read 2 comments Duvinca
Hello friends! Some days ago I read a post on Hive here about the best exchanges, I could see that on the first positions obviously Binance and Coinbase, but from the last year to this one, there is a change. Kucoin was the third and OKX the forth bu...
19 Jan 2023 1 minute read 3 comments Bfab
If you have a few USD on an exchange, you may wonder how to get more. The usual way is to invest in cryptos in which you believe. Another way is to short the cryptos of which the price might decrease. There are several ways to short a crypto. For ins...
19 Jan 2023 1 minute read 0 comments Aldeneer
How the hell FTX token (FTT) pumped 274% since the start of the year? Why did it pump more than 50% today? FTX filed for bancruptcy on eleventh November 2022, so logically its token should go down with it, innit? Well... it did, but then it started p...
18 Jan 2023 4 minute read 17 comments Thomas Wolf
The adoption of blockchain through Ava Labs by Amazon Web Services is an incredible milestone, they have successfully incorporated the benefits of a fully interoperable & highly scalable blockchain into Amazon’s mainstream services. “What is now prov...
