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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.
22 Nov 2022 2 minute read 10 comments Cje95
Centralized exchanges are currently having a moment and by moment I mean they are straight up not having a good time. A crypto winter mixed in with leverage, overexposure, and a huge counterpart collapse almost overnight it is rough out there. Like a...
18 Nov 2022 3 minute read 5 comments PVM
Kucoin is working hard to build a better Cryptoverse and I am working hard to create a steady flow of passive income on Kucoin! It's not always the airdrop hunt, or the search for gems... sometimes is the participation on competitions and events! Th...
17 Nov 2022 2 minute read 2 comments TheCryptoGambler
We all have to do something stupid in our lives. Probably more than one stupid thing. But in this case, I do know in advance that it probably is stupid. But I will just ignore that. Also people which aren't involved in crypto do have the opinion that...
17 Nov 2022 3 minute read 0 comments CryptoEntrepreneurs
Success begins with thought, because sooner or later the man who wins is the one who thinks he can. | Christian Barnard Many fail to grasp the true value of cryptocurrencies, as they focus solely on speculative trading driven by price and volatility....
16 Nov 2022 3 minute read 0 comments CryptoEntrepreneurs
What if I take a risk and lose...? What if you take a risk and win? | Anonymous The mistake that people make is thinking that making money on stock markets is really easy. But, you need to keep in mind that stock markets are the place where making mo...
15 Nov 2022 2 minute read 3 comments Cje95
Hindsight is always 20/20 but on November 2, 2022 Kathleen Breitman co-founder of the blockchain Tezos made a statement to CNBC that now looks prophetic. In the interview she stated "Crypto winter is only going to get worse" and wow was she right! At...
14 Nov 2022 4 minute read 43 comments Sugarfix
Back in October 2021.... I made a comment below a post written by @diaperfinancingfund. He said that I should really make an article out of it as he thought it was useful - very nice of him. Over one, cough, year later I finally get round to writi...
10 Nov 2022 1 minute read 4 comments dinoshark
PSA: Not your keys, not your crypto Though this is a post about CEXs, I'd like to stress that once you deposit your crypto/fiat in these platforms, you no longer have full control over your funds. There's no guarantee these exchanges won't collapse...
10 Nov 2022 3 minute read 10 comments Cje95
In what seems like a split second FTX went from an established company that was playing savior to everyone to the next example of a false sense of safety. Now I had expected to see more crypto exchanges fall because only the strong are going to survi...
27 Oct 2022 1 minute read 5 comments Crypto4you23
Are you tired to research for a new gem? Did you ever tried Toncoin? The Telegram cryptocurrency with the price of more or less $2 is creating a huge impact after being listed on Kucoin. The price goes up with 53% during a week. Comparatively, its pe...
