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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.
18 Jun 2021 3 minute read 5 comments bengy
Kucoin is currently one of my preferred exchanges, with a nice spread of tokens that aren't listed on Binance, however, at the moment it has the clear downside (for me) of not listing the two blogging platforms that I use daily. What I have noti...
18 Jun 2021 3 minute read 6 comments KuCoin Blog
With the giants of traditional business such as Fox and Popmart entering the NFT field, the market's attention to NFT has gradually increased. As a result, many crypto investors and even traditional field investors regard NFT as a new investment meth...
18 Jun 2021 2 minute read 3 comments KuCoin Blog
Shiba Inu (SHIB) is a token whose value and popularity have skyrocketed ever since its KuCoin and Binance exchange listings. Shiba Inu is a meme coin that came to life as a tribute to Dogecoin. Shiba Inu internet memes and DOGE’s success brought this...
17 Jun 2021 1 minute read 0 comments Equilibrium
We are pleased to receive new GENS listing support from Kucoin. Kucoin is a secure and established crypto exchange that serves 5 million users in 100 countries. Getting GENS listed there is a great milestone for us! It means people around the world w...
16 Jun 2021 2 minute read 4 comments KuCoin Blog
On June 16, 2021, KuCoin, a global leading crypto exchange, announced that the mainnet of KuCoin Community Chain (KCC) (official website: https://www.kcc.io) is officially launched today. Built by the fans of KCS and KuCoin, KCC is a decentralized pu...
15 Jun 2021 3 minute read 7 comments KuCoin Blog
Things have really begun to settle down in the crypto market. We’ve had a few ups and downs over the last weeks, but we are now seeing a plateau of sorts. That should set the scene for this week, as it remains much the same as the previous week. But...
11 Jun 2021 3 minute read 3 comments KuCoin Blog
For the longest time, machine learning and artificial intelligence (A.I.) have been monopolized by large tech companies. For the average person, getting involved with A.I. is incredibly difficult due to technical hurdles and a lack of capital. This l...
11 Jun 2021 3 minute read 3 comments KuCoin Blog
Everybody loves a good meme. These shareable online image macros are now a staple of internet culture, being seen across many different websites and channels worldwide. However, what would happen if memes were to be curated onto a single website with...
8 Jun 2021 3 minute read 2 comments KuCoin Blog
After the events of the last couple of weeks, it is nice to see some green again in the market. While small improvements are welcome in times like these, we should still remember the bigger picture and how far the market has come since its humble beg...
5 Jun 2021 3 minute read 5 comments CryptoCelt97
If you are planning on holding your crypto, you might as well passively earn while doing so. Staking is the most popular method of passively earning, but lending your crypto can be another option. Kucoin has a very intuitive and easy system of lend...
