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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.
4 Jun 2021 3 minute read 1 comment KuCoin Blog
The concept of insurance is simple - every month or so, you pay a fee into a pool along with others that can then be used to protect you from financial losses should something bad happen, like a health emergency or damage to your property. Basically,...
2 Jun 2021 4 minute read 1 comment john harding
It's been a while since I last showed my portfolio on 15th April. At that time my portfolio was valued at $340 down $127 due to the mistakes I had made. You can read about that here. Time to update you all on how it is doing and how the recent crash...
2 Jun 2021 3 minute read 3 comments KuCoin Blog
KuCoin trading bot is an excellent robot for automated cryptocurrency trading. It has plenty of advanced options and features, and since it was offered by the reputable crypto exchange, KuCoin, there is little doubt about its legitimacy. On top of th...
1 Jun 2021 3 minute read 4 comments KuCoin Blog
After the chaos of last week, this week is a welcome sight. It has mostly been characterized as coins maintaining their price, evening improving a little bit. This can be seen with Bitcoin, which, for the most part, held in the $30,000 range. For Eth...
28 May 2021 1 minute read 0 comments timpaine
Vulcan Forged ($PYR) has recently been listed on the KuCoin platform. This also marks the first centralised exchange for $PYR. Here's some brief information about this listing: - Pairs available: USDT/PYR and BTC/PYR - Supported Network: ERC20 - Tot...
26 May 2021 1 minute read 2 comments Hal the Bohemian
Before you decide to deposit fiat or crypto on any platform one of the things you ought to know is how much it will cost you to withdraw that money. Below are the current withdrawal fees for bitcoin and ethereum from five popular exchanges. Check t...
26 May 2021 2 minute read 1 comment egamersio
It’s a wonderful day for the Vulcan Forged ecosystem as PYR, the native token, gets listed on the first centralized exchange, KuCoin. After only being available for trading on Uniswap, PYR makes it to the big league by making it into KuCoin, one of t...
26 May 2021 3 minute read 2 comments KuCoin Blog
Ever since Richard Nixon took the US Dollar off the gold standard, its value has essentially been maintained through trust. To this day, it is recognized as the global reserve and a generally safe bet. However, especially in recent times, the Federal...
25 May 2021 3 minute read 1 comment KuCoin Blog
Ouch. The week has been a difficult one for the crypto world - and especially Bitcoin. In the past few days, it reached a low of $29,000, a disappointing drop after its rise in recent weeks. Perhaps the biggest influence on this drop was news coming...
25 May 2021 4 minute read 2 comments karinxxl
' My account got liquidated last week' This is probably the most written sentence on crypto twitter last week and at least 780.000 account were entirely wiped out. Scary shit right? Everything gone. When taking a closer look ofcourse the wipe out is...
