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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.
10 Jul 2021 3 minute read 17 comments Hamminy
Tried to use Kucoin for a purchase I couldn't get anywhere else. Kucoin, I thought, was one of the only legit CEXs left that didn't require KYC. Aaaaaaaand of course my transaction gets stuck for no reason. I checked all of the normal things. Sent to...
8 Jul 2021 3 minute read 2 comments KuCoin Blog
Trading cryptocurrencies can be difficult, especially if you want to get the best value from your trades. After all, not all exchanges are created equal, and so between decentralized exchanges and centralized exchanges, the price, volume and potentia...
6 Jul 2021 3 minute read 5 comments KuCoin Blog
Despite the tough times faced by Bitcoin, it has managed to end the week in the green. It made it up to $36,595 in the middle of the week before dropping again. Otherwise, there was not too much news coming out about BTC this week, which is lik...
5 Jul 2021 3 minute read 7 comments KuCoin Blog
Proof-of-Capacity, also known as Proof-of-Space or Proof-of-Retrievability, is another type of network consensus mechanism. It is an emerging type consensus algorithm coming out of the quest to make cryptocurrency mining more energy efficient (some c...
2 Jul 2021 1 minute read 0 comments Cryptospacepro
For newbies onlyOnly 1 draw for each new userRules1. The activity is for new users only. New users are those who sign up on KuCoin after the launch of this activity. 2. Each new user has only one chance to draw the blind box. 3. For first deposit or...
29 Jun 2021 3 minute read 8 comments KuCoin Blog
Bitcoin began the week rather roughly. As it became clear that the crackdown on Bitcoin mining in China would have a significant impact on the digital asset, people started to become worried. In fact, at one point in the week, it dropped as low as $2...
28 Jun 2021 2 minute read 3 comments KuCoin Blog
These days, a lot of people see blockchain technology as the answer to serving under-banked populations. With no access to traditional banking systems, the cryptocurrency world makes for an ideal alternative, as it is cheaper and generally more democ...
25 Jun 2021 3 minute read 0 comments KuCoin Blog
There is an experience that every user in the cryptocurrency world will feel the same; that is, the market will always bring you a different "heartbeat" persistently. In the bull market, users who hold crypto assets enjoy the thrill of investment gro...
23 Jun 2021 2 minute read 2 comments Kamend1
I have been a KuCoin customer for some time now. I was really happy when @Publish0x defined a really simple and convenient withdrawal process using this centralized exchange, where I can quickly withdraw some earnings and exchange them for BTC or ETH...
23 Jun 2021 3 minute read 1 comment KuCoin Blog
We saw a little bit of action this week, bucking the recent trend. Bitcoin saw its value jump from $34,761 to $41,355 in the space of a couple of days, jumping almost 10% in one day. This all comes back to Elon Musk and Tesla once again. He stated th...
