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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.
19 Nov 2023 2 minute read 4 comments PVM
OpenFabric successfully launched the $OFN token, and continues the AI revolution! Four IDOs took place on ChainGPT, Enjinstarter, Seedity and PoolzFinance, with listings on Kucoin and PancakeSwap. The CertiK audit gave $OFN a 90.38 security score, a...
12 Nov 2023 1 minute read 2 comments Bfab
As you may have noticed, the crypto world is always changing, with new trends popping up all the time. While Blackrock has been making waves with its recent crypto ventures, there are many other trends worth keeping an eye on in 2024. 1. Trust is Eve...
4 Nov 2023 3 minute read 0 comments Bfab
I recently read an article from Binance explaining how to prevent DNS attacks, and I wanted to share some of the key takeaways here, along with a few real examples of crypto DNS attacks. What is a crypto DNS attack? A crypto DNS attack is a type of c...
29 Oct 2023 1 minute read 2 comments Ayman Crypto
KuCoin currency (KCS) is trading now at $ 4.596 Our review of the KuCoin currency (KCS) needs good volume to jump into higher relevant range prices and break the calm performance movements of a neutral trend direction in order to hit the resistance...
26 Oct 2023 1 minute read 0 comments LeftFooted
There's an exchange you probably don't know and don't use that's called Young just added a feature that all exchanges should have. You're finally able to convert crypto dust into YNG, the exchange's native token. Unfortunately, there's a catch. And...
19 Oct 2023 2 minute read 0 comments Invictus21
KuCoin is a centralized cryptocurrency exchange that offers spot and margin trading, derivatives market, and peer-to-peer (P2P) fiat transfers. Being one of the 800+ exchanges they make a mark with respect to trading fees, withdrawal fees, deposit me...
17 Oct 2023 1 minute read 2 comments LeftFooted
I've come up with a new test. I call it the withdrawal test. I know I'm dreaming of fluffy bunnies and pink rainbows, and I know it's utopian, but whenever I withdraw funds from a CEX, I expect zero issues, zero delays. I do accept a fee might appl...
10 Oct 2023 5 minute read 38 comments PVM
Kucoin is working hard to build a better Cryptoverse and I am working hard to create a steady flow of passive income. I am using it for over 2000 days, which is a life time in the crypto space, but I think Kucoin will always be a second tier exchange...
9 Oct 2023 1 minute read 0 comments Coins Reporter
In an expansion to its warning list of unauthorised entities providing digital assets related services, FCA added Huobi and KuCoin to the warning list that comprises nearly 150 companies. On Sunday, the Financial Conduct Authority of UK has updated...
20 Sep 2023 1 minute read 7 comments foski97
Hey there! I'm starting a new blog with short tips for the crypto world. It is intended to provide short (less than 2 or 3 mins reads) with helpful tips for "not so wealthy" people as myself. So here it comes the first tip! Move money from Kucoin to...
