725 Articles 1,318 Followers
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.
30 May 2023 1 minute read 7 comments yanis
NFT games sound like a great opportunity on first onboard : buying a NFT, getting rewards on every win/fight. But, is it really heaven ? Onboarding process In order to play these games, you will have to purchase a NFT representing your fighter (Wal...
28 May 2023 3 minute read 8 comments ⚡ Daniela ⚡
As Bitcoin gains momentum and recognition as a decentralized digital currency, it faces challenges that impede its widespread adoption. High transaction fees have emerged as a significant obstacle, particularly for smaller payments. To address this c...
25 May 2023 4 minute read 16 comments Smoljanović
May 25, 2023 Cryptocurrency has been touted as the future of finance, a revolutionary digital asset that promises decentralization, security, and financial freedom. The meteoric rise in popularity and value of Bitcoin and other cryptocurrencies over...
22 May 2023 2 minute read 1 comment Cryptofab
Like some of you, I have been a bit shocked by the news of Hotbit's recent decision to shut down. Hotbit would have fallen victim to cyber attacks and the ongoing crises in the crypto world, leading to the unfortunate outcome of closing its doors. Le...
22 May 2023 5 minute read 1 comment BlockChain Observer
Recently, Torches Finance, the first lending protocol on KuCoin's public chain project KCC, made an adjustment: the base rate of sKCS has been changed from 3% to 1%. Many people are puzzled about why Torches made this decision. After conducting some...
22 May 2023 5 minute read 22 comments Smoljanović
Binance and Kucoin Cryptocurrency exchanges play a pivotal role in the digital asset ecosystem, providing a platform for users to buy, sell, and trade cryptocurrencies. Binance and Kucoin are two prominent names in this space, both offering a wide r...
19 May 2023 1 minute read 0 comments KuCoin Community Chain (KCC) Official
Summarizing the recent progress of our chain and the latest news about KCC projects, here is the KCC Weekly Report #41. KCC Data Highlight KCC Ecosystem Update KCC Joined the Blockchain Economy Event in Istanbul May 15, KCC joined the Blockchain...
16 May 2023 3 minute read 9 comments ⚡ Daniela ⚡
In a significant milestone for Bitcoin, the number of wallet addresses holding one whole BTC or more has recently exceeded one million. This achievement, recorded on May 13, has been confirmed by data provided by Glassnode, a prominent on-chain ana...
15 May 2023 2 minute read 0 comments FreedomBuilder
First by listening to its survival instinct and avoiding following youtubers blindly! The most important aspects to analyze for a quick scan bellow: - Utility as:Exchange fees like BNB, KCS...Blockchain fees (BTC, ETH, BNB, MATIC, AVAX, SUI, APT...)L...
14 May 2023 1 minute read 2 comments Landry
In the series of crypto cards, the Kucoin Exchange has announced since april 2022 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 world...
