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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 Jan 2024 1 minute read 0 comments Vibrantstories
Two lovebirds gazing at each other; Both are kissing and loving one another; Romeo and Juliet, Eve and Adam; These couples taught us how to create a union; Nothing like love at first sight; From the first encounter, he already brought that hint; The...
13 Jan 2024 1 minute read 2 comments HiRaj
Dear Readers, You are all aware that the Government of India has issued show case notice to the foreign crypto exchanges on Dec 28, 2023. Indeed the show case notice was sent from the Finance Intelligent Unit India (FIU IND), part of the Finance Mini...
13 Jan 2024 4 minute read 13 comments crypto newbie mom
Good morning/evening. You may be aware that my husband and I have been trying to learn to trade and as we still have a lot to learn we thought we would try a couple of the bot's on Kucoin while we are learning. Before you start using these bots...
11 Jan 2024 2 minute read 0 comments Kovichni
It's been almost two years since I checked in on this topic. Back then India talked about banning what they called "private cryptos" as they launched a futures ETF for BTC and ETH (?) But they are back, with a vengeance it seems as Indian crypto user...
2 Jan 2024 1 minute read 2 comments HiRaj
Dear Readers, With this article, we will be discussing an important crypto update in India. We all know that India tightens the crypto operations in India and levied stringent operation frameworks on Virtual Digital Assets including the tax. The Res...
29 Dec 2023 2 minute read 2 comments Coins Reporter
In another tyrannical move towards crypto, India's finance ministry by the recommendation of FIU has issued show cause notices to 9 major Cryptocurrency exchanges. This move may be a killing blow for the crypto market in the world's largest country a...
26 Dec 2023 1 minute read 2 comments BFab
I'm sure I'm not the only Binance user who misses the convenience of using the Binance debit card to spend their crypto. While Binance Pay is a great option for buying luxury goods, it's not the same as having a debit card that can be used anywhere....
19 Dec 2023 2 minute read 1 comment Invictus21
In the ever-evolving world of cryptocurrency, both ByBit and KuCoin have emerged as prominent players. Both exchanges offer a comprehensive range of services, including spot trading, margin trading, futures trading, and lending. However, when it come...
6 Dec 2023 3 minute read 9 comments PVM
I am not always early with stuff, but sometimes wonderful things happen in the Cryptoverse. Somehow I was eligible for the Celestia airdrop, and received a fair amount of $TIA. The Celesita hype started with a total of 576,653 addresses meeting the c...
2 Dec 2023 4 minute read 0 comments 2MFTProductions
There were only two good things that happening in November. Number 1 is Bitcoin went up. Which isn't even that good because I want BTC to trade sideways or down while I stack. Sorry everyone I am both selfish and not done yet. The second good thi...
