Currently, KuCoin gives a 1% discount for every 1,000 KuCoin native tokens held. To thank its growing community, KCS in cooperation with KuCoin has launched a fiery event called “KCS Super week .” Between 25 February to 5 March 2021, KuCoin will conduct 4 campaigns that give participants an opportunity to win KCS Rewards and Lucky Draws worth thousands of dollars. In the long run, KCS performs as the key to the entire KuCoin ecosystem. Users can also earn rewards by lending or staking on the Pool-X of KuCoin. KCS will be both the governance token for the KuCoin community and the native asset of KuCoin’s decentralized financial services. The platform uses KuCoin Shares (KCS) in a similar way to Binance. KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. The amount of dividends and discounts earned by a KCS holder is determined by the number of tokens he/she holds. A new feature - Pay Fees via KCS . What benefits can be obtained by holding KCS? Come to join without hesitation. KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. After a few days I noticed that the exchange profits were hardly anything and was getting ready to sell. KuCoin charges a 0.1 percent fee. KCS holders also have access to token sales held on KuCoin Spotlight, and they are also allowed to participate the LockDrop/BurningDrop on the Pool-X platform. Keep track of your holdings and explore over 10,000 cryptocurrencies, KuCoin Native Token (KCS) Review – A Profit-Sharing Exchange Token. It is currently issued as an ERC-20 token running on the Ethereum network … Press question mark to learn the rest of the keyboard shortcuts. Find out everything you need to know about this new exchange today in our review. Launched on KuCoin! KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform that allows holders to profit from the success of the exchange. Each quarter, KuCoin spends at least 10% of their profits on KCS and then permanently destroys them. on 16 th march 2021, Kucoin decided to burn KCS token 160k token by adjusting buyback and burn program for each quarter to each month. Tip 1: If you're planning to trade different cryptocurrencies, purchase some KuCoin Shares token first. KuCoin has a total supply of 180,730,576 KCS. This bonus can be any coin at all and not just the KCS tokens. For example, when KuCoin lists a new cryptocurrency on its exchange, KCS holders might get airdrops as a form of incentive. Read it first and understand the state of cryptocurrency in the first quarter of 2021 - from the rise of NFT to $2 trillion crypto market cap and much more! With the polkadex promo that’s going on right now, it looks like you need to have at least 500 KCS to participate (for non-US, eligible users). Nonetheless, its digital assets portfolio is pretty extensive and besides, the platform uses KuCoin Shares (KCS) in a similar way to Binance. It retains 10 percent of trading fees for network upgrades and promotions, while 50 percent of fees are returned to users as bonuses for referrals and trading. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API ‘KCS Special Round’ is Coming! Traders also amplify their investment returns with leverage by simply buying and selling leveraged tokens (it’s essentially the same as trading in the Spot Market) without paying any principal. Aside from this 500 KCS threshold, are there any other KCS ownership numbers that grant any sort of special user privileges? however, KCS loses momentum after big crash of crypto market, where KCS prices was trading with neutral trend at average price of $1.5 USD. It is also expected that the value will increase gradually and over time. Block reward is 0.0. In the KuCoin ecosystem, KCS can be used to pay trading fees with a 20% discount. KCS will be both the governance token for the KuCoin community and the native asset of KuCoin’s decentralized financial services. Details are as follows: 1. KuCoin is a popular cryptocurrency exchange that was launched in August of 2017 that features a native token called KCS as a way to improve the liquidity on the platform. KCS can be easily accessed on the KuCoin exchange where it is listed in trading pairs against popular cryptocurrencies like Bitcoin and Ethereum, as well as the USDT stablecoin. Just click 👉 Buy KCS. Based in Hong Kong, Kucoin plans to leverage its geographic location to provide early access to some of the most promising coins in Asia as well as allowing for the trade of more established coins. What is the Red Envelope? where do u see we need to have a minimum 500 KCS? KCS performs as the key to the entire KuCoin ecosystem, and it will also be the native asset on KuCoin’s decentralized financial services as well as the governance token of KuCoin Community. Its peak price so far was $20.84 on January 12, 2018. Considerable profits . The number of KCS you hold can influence your VIP levels, which can in turn give you reductions in trading fees. KCS will be both the governance token for the KuCoin community and the native asset of KuCoin’s decentralized financial services. Q&A from KuCoin … To achieve the daily bonus, users must have their KCS deposited within the Kucoin Platform. KCS holders get the following benefits: Receive daily cryptocurrency dividends which amount to 50% of the collected trading fees. Benefits for owning certain numbers of KCS? KuCoin Token (KCS) Features Burn and buyback program. Enable the "KCS Pay Fees" on the trading page. Users who hold more than 6 KCS can get a daily dividend, which comes from 50% of KuCoin's daily trading fee revenue. The rest of this year is going to be very exciting. Early investors in the KCS token will be in control of large amounts as trade volume goes up. The January burn amount is 10% of the January income of KuCoin. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API Current KCS Circulating Supply: 79,843,459 KCS. KuCoin currently lists 383 different markets, including recent additions like BitTorrent and Grin . hide. Find the next crypto gem on KuCoin, People's Exchange, Looks like you're using new Reddit on an old browser. Whether in Spot Trade or Margin Trade ————————————————————————————— FAQ. KuCoin and the KCS Team will announce the strategic plans for the next 2-3 years, so stay tuned with us. KuCoin is a cryptocurrency exchange launched on September 15, 2017. See below, the beneficial use cases of KuCoin Shares (KCS): Incentives Bonus Get Inspired By The Best Altcoin of 2021. KCS team will execute the KCS buyback and burn for Q4 of 2020. Daily Distribution . Can trade in additional trading pairs, including BTC, ETH, LTC, USDT, XRP, NEO, EOS, CS, GO. The estimated burning amount is 605,393 USDT, which is the highest of 2020. Its initial supply was set at 200 million, with a monthly burning mechanism that will continue until just 100 million KCS remain. In addition, KuCoin’s buyback program also makes the token scarcer over time, which ultimately rewards long-term holders. https://medium.com/kucoinexchange/what-is-kucoin-token-kcs-and-how-does-it-work-kucoin-crypto-gem-observer-e9af5b1b71a6. KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. Over the years, KuCoin has established itself as a one-stop-shop for traders looking to find the next crypto gem and make the most of their crypto portfolios. Nonetheless, its digital assets portfolio is pretty extensive and besides, the platform uses KuCoin Shares (KCS) in a similar way to Binance. KCS is an Ethereum-based ERC20 token issued by the Kucoin Cryptocurrency Exchange. For choosing KuCoin! ... Join now for $19/month Explore all benefits. KuCoin will convert the KuCoin Shares into KuCoin Toke n at a ratio of 1:1. Kucoin is an up and coming exchange that has aggressively set out to gain new users and a significant share of the market. Details are as follows: 1. KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. Interestingly, the carnival is open for all. Aside from this 500 KCS threshold, are there any other KCS ownership numbers that … KCS Bonus program is your payback highlight. The KCS is part of the KuCoin project, which allows financial transactions to be carried out within a single decentralized digital blockchain platform. In the long run, KCS performs as the key to the entire KuCoin ecosystem. Today we’ll be looking at how you can use methods such as technical and fundamental analysis to formulate your own Kucoin Token price prediction. Launched on KuCoin! We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. 20,000 KCS to Give Away! The maximum number is 30% discount when you hold 50,000 KCS. This is upto a maximum of 30%. Another benefit KuCoin offers to KCS holders is a buyback and burn scheme. Check out the ongoing KCS Super Week please, have fun! You will be one of the valuable customers. You will be one of the valuable customers. It is currently issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. however, KCS loses momentum after big crash of crypto market, where KCS prices was trading with neutral trend at average price of $1.5 USD. The token comes with a Kucoin bonus, which is awarded to users who hold this token. There is a variety crypto services offered by KuCoin, including margin and futures trading and a built-in P2P exchange. Long story short, KCS is the heart of KuCoin exchange. KuCoin is primarily an online cryptocurrency exchange that gives its traders access to exchange multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, KuCoins (KCS), and more, using the intuitive KuCoin trading platform, … KCS Bonus program is … As trade volume increases on the KuCoin exchange, the amount of collected fees also increases, and KCS holders become the biggest beneficiaries. KCS Token Benefits. The rewards go to KCS … This reduces the supply in the market, which helps make the remaining tokens more valuable. ... Activity 1: Exclusive Benefits for KCS Users. For example, a 12-day simple moving average for KCS is a sum of KCS’s closing prices over the last 12 days which is then divided by 12. How Does KuCoin Native Token (KCS) Work? Apart from the trading fee discounts for holding KCS, KuCoin also uses 50% of all trading fees to buy KCS from the market for its daily distributions. Posted by 3 days ago. KuCoin’s buyback scheme will make your shares more valuable over time. At the moment the number of coins mined is 171,250,284.0. to share KuCoin's 50% of daily trading fee-earning! KuCoin native token (KCS) will be utilized as the underlying fuel for all future KuCoin decentralized products. Holders with more than 6 KCS tokens get rewarded with a daily dividend. More Info. Notice： 1. You will enjoy a 20% discount. KuCoin is a cryptocurrency exchange based in Hong Kong. Convert KuCoin Token (KCS) to British Pound Sterling (GBP). KuCoin Token (KCS) KCS just broke into the top 100 coins by market cap at #99. Holders of the token can receive the benefits from the accomplishment of the trade as half of its general exchanging expense income is imparted to holders through the tokens. KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. The dividend comes from 50% of the daily trading fee on the KuCoin exchange. Aside from all these services available on the KuCoin exchange, the platform also features the KuCoin native token (KCS). This reduces the supply in the market, which helps make the remaining tokens more valuable. Credible! The more KCS you hold, the more dividends you’ll receive. The token holders benefit from bonuses (50% of the total trading fees charged by the platform), trading fee discounts, and other special services. The Benefits Of Holding KuCoin Shares (KCS) Tokens. Considerable profits . report. With time, KCS will become the key to the whole KuCoin ecosystem. The crypto exchange also allows users to buy crypto assets using their debit or credit card. KuCoin uses about 10% of their quarterly gain to buy back KCS tokens and burn them. Set in stone! Lets go ban-anas. With time, KCS will become the key to the whole KuCoin ecosystem. Set in stone! Get a trading fee discount. All KuCoin token holders also qualify for exclusive promotions, offers, and rewards on the platform. Let’s take a look at some commons questions regarding the price of Kucoin Token (KCS) r/kucoin: Find the next crypto gem on KuCoin, People's Exchange Also, to accelerate the KCS burn process and adapt to market developments more efficiently, the KCS team has decided to adjust the period of KCS buyback and burn from each quarter to each month. Benefits of Holding KCS in Kucoin We’ve seen that the value of KCS rises with the popularity of the Kucoin exchange and as a result of their buy-back and burn protocol. Dearest u/Johnny_Kucoin and mods, KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. KuCoin Shares (KCS) max supply is 171,250,284.0. In order to buy KuCoin Token (KCS) on KuCoin, you first need to open an account.. 1. Low entry to participate . Holders of the token can receive the benefits from the accomplishment of the trade as half of its general exchanging expense income is imparted to holders through the tokens. Hold them in the Trading Account or Main account. There’s a daily bonus being shared among those who purchased and hold the KuCoin Shares (KCS) tokens on the KuCoin exchange. Check out our latest KuCoin Crypto Gem Observer blog post to find out!https://medium.com/kucoinexchange/what-is-kucoin-token-kcs-and-how-does-it-work-kucoin-crypto-gem-observer-e9af5b1b71a6. Hold them in the Trading Account or Main account. Kucoin began offering KCS tokens to the public in 2017 after pre-public phases of distributing tokens to … KuCoin native token (KCS) provides crypto investors an opportunity to earn passive income from dividends. The Benefits Of Holding KuCoin Shares (KCS) Tokens. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API KuCoin Token (KCS) I feel like purchasing KCS with simplex would be a really bullish sign. Another important benefit of holding a KCS token is that it becomes more scarce over time. Apart from BTC and ETH trading pairs, Kucoin supports most of the popular stablecoins such as USDT, USDC, TUSD, PAX and DAI. KuCoin Token (KCS) is the native token of KuCoin. Holding the KCS token allows platform users to experience a number of benefits including a 30% trading fee discount in addition to an award incentive bonus, which equals to 50% of the total trading fees charged by the platform, which is distributed back to users who hold KCS in their accounts. Kucoin Token experiences high volatility just like any other cryptocurrency which is why it’s useful to be able to predict the price of KCS and trade accordingly. So, what kind of benefits do KCS holders get when using the KuCoin exchange? Come to join without hesitation. Holders of the token can receive the benefits from the accomplishment of the trade as half of its general exchanging expense income is imparted to holders through the tokens. Wanna the lower trading fees? Holding KCS is also a prerequisite for becoming a KuCoin VIP. According to KuCoin, KCS will help to diversify the numerous benefits that holders can access on the KuCoin platform. However, the team plans to buyback and burn the tokens until only 100 million KCS tokens are left. This has lead to a major price increase (over 200%) to the token price and could hike up the asset price in future. With the polkadex promo that’s going on right now, it looks like you need to have at least 500 KCS to participate (for non-US, eligible users). KCS was one the oldest exchange token which was launched back in 2017, where it crosses $5 USD mark in bullish trend. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. At the time of writing, the KuCoin crypto exchange has more than 200 cryptocurrencies listed on the platform. KuCoin Review. What Is The KCS Used For? save. I decided to purchase about 2000 coins because I liked the idea of getting some of the exchange profits. Kucoin Shares (KCS) is a trade based token and local money of the Kucoin crypto trade. Congrats to the kucoin team and all hodlers! The KuCoin platform uses 50% of all trading fees earned by KuCoin to buy KCS from the market and then redistributes them to KCS holders who hold at … It was launched on September 15, 2017 and it operates on a crypto-to-crypto basis, which means that no fiat currencies are supported. The KuCoin cryptocurrency is mainly used to pay commissions within the KuCoin … The total supply is 181,043,076.0 and the circulating supply is 170,118,638.0. But it looks like KCS was met with another giant sell wall at around 13.75 today and is now dwindling back down to 12. 86. Enable the "KCS Pay Fees" on the trading page. The total supply of KCS is fixed at 200 million. The amount of rewards that users can get depends on the number of KCS held and the trading volume of the KuCoin Exchange. According to KuCoin, they are aiming to make KCS a top-notch product and not just another token in the crypto space. KCS holders will have much more benefits! Kucoin Shares (KCS) is a trade based token and local money of the Kucoin crypto trade. The upgrade of the KCS smart contract will start on January 14, 2021 (UTC). Of course, the token can also be used as a payment method for shopping, hotel reservations, etc. KuCoin uses about 10% of their quarterly gain to buy back KCS tokens and burn them. This can be a huge deal for big traders and can make trading way more profitable. Last but not least, KuCoin also promises ongoing and various incentives for holding KCS tokens. KuCoin Shares are are a token that give holders a number of benefits: Trading Discount – You get 1% off trading fees for every 1000 KCS you hold. Low entry to participate . December 2017, I first noticed KCS selling for less than 60 cents a coin. Another important benefit of holding a KCS token is that it becomes more scarce over time. Buy-back and burn is a mechanism adopted by Kucoin developers to increase the demand for KCS as well as its value, and will benefit you as a token holder. 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. What Is KuCoin Token (KCS) KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. 🔥 Out Now 🔥 Our Q1 2021 Crypto Report is fresh off the press! The upgrade of the KCS smart contract will start on January 14, 2021 (UTC). Kucoin Shares (KCS) is a trade based token and local money of the Kucoin crypto trade. KCS was one the oldest exchange token which was launched back in 2017, where it crosses $5 USD mark in bullish trend. To share KuCoin's 50% of daily trading fee-earning! KCS is an Ethereum-based ERC20 token issued by the Kucoin Cryptocurrency Exchange. Additional benefits such as a personal investment consultation and expedited customer service are offered to users on a tiered basis as they increase their KCS holdings. Joining KuCoin, only 6 KCS holding and one click. Snapshot at 00:00 (UTC +8) https://m.kucoin.com/news/en-introducing-the-polkadex-token-sale-on-kucoin-spotlight. Aside from the discounts for KCS holders, they also enjoy low withdrawal fees on the KuCoin exchange. The rewards go to KCS holders that participate in trading on the platform. Through this program, the platform guarantees investors that their income (from the dividends) will continue to grow while maintaining the value at the same time. KuCoin and the KCS Team will soon announce the strategic plans for the next 2-3 years, so stay tuned with us. In addition, the KCS token will serve as the native asset of KuCoin's decentralized exchange, and will also be utilized as the governance token of the KuCoin community. KCS is an ERC-20 token that runs on the Ethereum blockchain and is supported by many Ethereum wallets. Aside from the fact that KCS can be paid out as a dividend, it also performs other functions. Purpose of KuCoin Shares (KCS) As the native currency of the KuCoin crypto exchange, KuCoin Shares has multiple use cases and offers its holders various benefits. Note that KuCoin Tokens were initially released as KuCoin Shares, but were rebranded in January 2021 to align with the upgrade of the KCS Smart Contract. Aside from this 500 KCS threshold, are there any other KCS ownership numbers that grant any sort of special user privileges? The KuCoin native token (KCS) is also known as KuCoin Shares. 88. However, to really reveal the benefits, users will have to buy KuCoin Token (KCS) first to be able to access the platform Categories Cryptocurrency Guides Post navigation Currently, the total supply of KuCoin Shares is 177,801,051 KCS and the circulating supply is 87,801,051 KCS. Wanna the lower trading fees? After all, KuCoin Shares does have promising features and benefits. This is a unique incentive only available to KCS holders and other ecosystem builders. The introduction of the KCS token has helped the KuCoin exchange to scale and grow rapidly. The team also announces a listing plan for major exchanges and more KCS trading pairs will be added to the KCS trading zone. The KCS native token has proven to be a great addition to the platform, and provides numerous benefits for the exchange’s users. Aside from the price of each token going up, you can increase the value of your KCS holdings by accruing more tokens as a reward for holding them in Kucoin. What Is The KCS Used For? For example, VIP level 1 requires you hold at least 1k KCS and reduces your Maker fee to 0.09% (f your are not paying fees with KCS) or 0.072% (if you are using KCS to pay fees). Moving averages are among the most popular KuCoin Token price prediction tools. What Is KuCoin Token (KCS) KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. According to KuCoin, KCS will help to diversify the numerous benefits that holders can access on the KuCoin platform. KuCoin is a cryptocurrency exchange based in Hong Kong. The platform provides its users with bank-level security, a well thought out interface, and a beginner-friendly user experience (UX). Customer support fast-pass. What Is KuCoin? Other than the name change very little changed and the KCS token still enables holders to enjoy a number of benefits. It is a profit-sharing token that gives traders the opportunity to earn rewards from the exchange. Users who hold more than 6 KCS can get a daily dividend, which comes from 50% of KuCoin's daily trading fee revenue. KuCoin also allows users to participate in fresh initial exchange offerings (IEOs) through the KuCoin Spotlight platform. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API Leveraged Tokens Online Carnival! Win a Share of Leveraged Tokens Worth 30,000 USDT With Only 0.1 KCS A new feature - Pay Fees via KCS . KuCoin takes into account the amount of KCS users hold when distributing the various coins. Just click 👉 Buy KCS. KuCoin Leveraged Tokens are tokens with the added benefit of leverage.

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