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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.
27 Mar 2024 1 minute read 4 comments B. Em
Kucoin was one of the exchanges that was known for not having KYC , and is possibly why it was able to amass more than 30 million customers. Having said that, on Tuesday federal prosecutors charged the crypto exchange and two of its founders with vio...
26 Mar 2024 2 minute read 1 comment Talha.Khalid
The US government has formally accused the KuCoin cryptocurrency exchange and two of its founders of violating anti-money laundering (AML) laws. According to the statement published on March 26 on the official website of the Department of Justice,...
26 Mar 2024 1 minute read 0 comments Novasky
Once upon a time, foreign exchanges used to think of themselves as some England's queen and used to open the business in any country without any form of local licenses. And they used to store the customer crypto without the keys. And then there was i...
7 Mar 2024 1 minute read 0 comments Bfab
You might have been reading Binance's latest blog post about earning rewards through P2P trading. It's exciting stuff, right? But what if you also wanted to cash out sometimes? The good news is, Binance's P2P platform lets you do both buying and sell...
6 Mar 2024 1 minute read 0 comments Feedmypsyche
Revolut is really stepping up their game! If you have never heard of Revolut, they are the world-leading internet bank that is setting new standards in the banking industry. Crypto started in response to the current banking industry and centralizatio...
27 Feb 2024 4 minute read 3 comments PVM
The Man of Tomorrow series often presented some insights from my day-to-day life, how I spend my time, and those little motivational stories that will make you more ambitious. The last article was in January 2023 so now it's a good time to push some...
30 Jan 2024 3 minute read 2 comments Guarda Wallet
What Is KuCoin? KuCoin is a cryptocurrency exchange based in Hong Kong, launched in September 2017. The project team strives with all its might to create a trading platform that compares favorably with its competitors by its user-oriented approach. A...
24 Jan 2024 1 minute read 1 comment HiRaj
Dear Readers, One of the renowned and top Crypto Exchanges Worldwide-Kucoin having its headquarters in Seychelles and offices in Hong Kong and Singapore with more than 20 million users worldwide. Kucoin is having a presence in over 200 countries wor...
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...
