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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.
23 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan
According to a blog post published on Nov. 22, KuCoin has resumed deposit and withdrawal services on the exchange following the $281 million hack it suffered in Sep. 2020. Deposit and withdrawals on the platform have resumed, but some tokens have a...
23 Nov 2020 1 minute read 0 comments VNFC
good morning all! Kucoin team promised the restoration for withdrawal and deposits of all projects listed until 22 November. Few days ago we were at half of it, so it was hard to believe that something huge could be done in only 4 days. but with the...
22 Nov 2020 4 minute read 0 comments Cosmos Network Family and Friends
Running on the back of a think-tank that is fueled by the intelligence of the masterminds behind KuChain and IRISnet, Ti-Labs will shoulder the responsibility of enlightening the whole Cosmos ecosystem. On November 6, 2020, the Ti-Labs successfully h...
20 Nov 2020 3 minute read 1 comment VNFC
hello everyone let's see how Kucoin is dealing with their 26 sep hack. we are having an 18 november update, so we can compare the evolution since my 30 october article about this. Since then, when 158 projects were restored, now we have 202 . Almost...
15 Nov 2020 1 minute read 1 comment Venkatz
Zebpay (India) Launching Dazzle One of the oldest and reputed Crypto Exchange Zebpay going to launch NFT (Non Fungible Token) based Project Dazzle which Generate NFT's. Dazzle token provides some benefits to the User in various ways. and one thing i...
13 Nov 2020 4 minute read 0 comments bengy
... and so the second round of the DEGO-KCS mining on Pool-X Kucoin is starting soon (just announced). I thought it would be nice to have a quick overview of the contest after I had an unexpectedly good experience from the first round. So, jus...
12 Nov 2020 1 minute read 0 comments alberdioni8406
The exchange hacked in September when lost more than $280M in assets to hackers have recovered almost 84% back of that capital totalizing in dollars $236M. The recovered was announced on the CEO twitter account Johnny Lyu on Nov. 11, 2020 and can be...
5 Nov 2020 1 minute read 9 comments Abhimanyu Krishnan
$3.5 million worth of stolen assets linked to a KuCoin hack have been moved via 3 separate transactions that occurred on Nov. 4, according to Whale Alert. Over 1000 Bitcoin (BTC) was stolen from a KuCoin hack on September 25, along with Tether (USDT...
2 Nov 2020 1 minute read 0 comments VNFC
good morning some of big projects are continuing to be restored on Kucoin. this is very good news! from the 27 oct update, after only 3 days, another 11 projects are free to trade, deposit and withdraw. some of them are: DASH, LTC, OMG, MKR, ENJ....
31 Oct 2020 1 minute read 0 comments Harshvardhan
This Halloween season KuCoin is offering various gifts and prizes to all the users! Checkout the official article: https://www.kucoin.com/news/en-halloween-candy-giveback-get-free-prizes?rcode=2Rr6Nbr KuCoin have "Check In" option available since...
