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Home - KuCoin Token Review: Guide About KuCoin Coin

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KuCoin Token Review: Guide About KuCoin Coin

Magnesia
Last updated: 11/02/2023 6:06 pm
Magnesia
Published: 28/02/2021
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KuCoin Token Review: Guide About KuCoin Coin
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What Is KuCoin Coin

KCS is the native token of kucoin.com , which was launched back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. Sooner or later, as the KuCoin decentralized trading solution goes live, KCS will be the native asset of KuCoin’s decentralized financial services as well as the governance token of the KuCoin community in the future.

Contents
  • What Is KuCoin Coin
  • Important Points Table Of kucoin.com
  • How to Buy the Kucoin.com (KCS) Coin & Trade On Exchange?
    • First Step
    • Second Step
  • What Makes KuCoin Token Unique?
  • KuCoin by Your Side
    • Customer Service Available 24/7
    • KuCoin Community
    • KuCoin News
  • What Is The KCS Used For?
  • How Is the KuCoin Token Network Secured?
  • Who Are the Founders of KuCoin Token?
  • Where Can You Buy KuCoin Token (KCS)?

KuCoin has also announced that “Empowering KCS” will be a key priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. In the long run, KCS performs as the key to the entire KuCoin ecosystem. With the development of DEX and KuChain, KCS will also be the underlying fuel and general token for future KuCoin decentralized products. More details will likely be released in the near future.

Important Points Table Of kucoin.com

BasicPoints
Coin Namekucoin.com
Short Name KCS
Max Supply170,118,638
ExplorerClick Here To View
Technical DocumentationView Document
WebsiteClick Here To Visit

How to Buy the Kucoin.com (KCS) Coin & Trade On Exchange?

First Step

Buying KCSIs Very Easy Task . Just Find Exchange Where BNB Available & Buy Through Your Credit & Other Altcoin .

Second Step

Once You Purchased KCS. Now It Is Time To Store Your PSIXOr Start Trading On Exchange .

What Makes KuCoin Token Unique?

KCS Bonus is regarded as one of the best ways to get passive income. Users who hold more than 6 KCS can get a daily dividend, which comes from 50% of KuCoin’s daily trading fee revenue. KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. The amount of rewards that users can get depends on the number of KCS held and the trading volume of the KuCoin Exchange.

KuCoin by Your Side

Customer Service Available 24/7

Don’t know what Bitcoin is? Don’t know how to trade or how to check the markets? Feel free to ask your questions to KuCoin customer support..

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KuCoin Community

The KuCoin Global Communities cover 205 countries and 13 languages to help reach millions of users worldwide.

KuCoin News

KuCoin News will keep you up to date with the latest market news in crypto.

What Is The KCS Used For?

Besides being paid out as a dividend, KCS, as a utility token, is also used to pay for trading fees on the KuCoin Exchange, allowing users to enjoy discounts of up to 80%. The use case of KCS also includes participation in the token sale on KuCoin Spotlight, as well as LockDrop/BurningDrop on the Pool-X platform. But this is not all, as KCS tokens also serve a series of other purposes on the platform. For instance, KCS holders can become KuCoin VIPs and users no longer need to have a huge BTC trading volume to unlock the reduced maker and taker fees. KCS can also be used as a payment method for shopping, making hotel reservations, buying gaming equipment, and more.

How Is the KuCoin Token Network Secured?

KuCoin employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.

It uses a multi-cluster and multi-layer architectural system that can accommodate more than one transaction at the same time, ensuring system stability throughout every transaction.

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Who Are the Founders of KuCoin Token?

The KuCoin Exchange is a cryptocurrency exchange headquartered in Singapore. It launched on September 15, 2017. The company was originally co-founded in 2013 by the following people: COO Eric Don, marketing director Jack Zhu, president of business operations John Lee, operations and maintenance director Kent Li, chief legal consultant Linda Lin, CEO Michael Gan and CTO Top Lan.

Where Can You Buy KuCoin Token (KCS)?

KuCoin Token (KCS) trading can be found on the following exchanges:

  • KuCoin
  • BitMax
  • ProBit Exchange
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