Exchange rate KuCoin Shares:
42.60zł
Market capitalization
Volume (24h)
Supply in circulation
All-Time High
All-Time Low
Popularity by CMC
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| -1.32% | -4.15% | -0.55% | -31.12% | -32.61% | 75.69% |
Oceń kryptowalute
What Is KuCoin?
KuCoin launched KCS back in 2017 as a profit-sharing token that enabled users to access the value of the exchange. It was issued as an ERC-20 run on the Ethereum platform and was accepted 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.
In addition to this, KuCoin has announced that enabling KCS holders to access a wider range of benefits will be a priority within the organization, which is destined to further diversify the benefits available to KCS holders. KuCoin's KCS bears great significance for the entire KuCoin ecosystem. With developments in DEX and KuChain, KCS will also serve as the fuel and general token for future KuCoin decentralized products. More information will likely be released soon.
Who are the Founders?
Founded in 2013, the KuCoin Exchange is a cryptocurrency exchange based in Singapore. It was launched on September 15, 2017. The company was co-founded by Eric Don, Jack Zhu, John Lee, and John Lee, president of operations.
Features
In addition to dividend payments, KCS is also used to pay trading fees on the KuCoin Exchange giving users a discount of up to 80%. Another use case of KCS is participation in the KuCoin Spotlight token sale. Spotlight, as well as LockDrop / BurningDrop on the Pool-X platform. 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.
