KuCoin TokenKCS

KCS is an ERC-20 token running on the Ethereum network and is the native token of KuCoin. KCS is a utility token that allows traders to share the growth benefit of the KuCoin exchange.

Price History
$0.00
Vol0.00KCS
1D
1W
1M
1Y
MAX
Market Info
Market Cap
$200,734,550
Diluted Market Cap
$276,447,258
Vol 24h
-
Vol / Market Cap
0.00
24h Change
-
1h Change
-
24h High
$1.38
24h Low
$1.38
Latest Block
-
Block Reward
-
Hashes Per Second
-
Circulating Supply
145,224,483
Max Supply
200,000,000
Consensus
-
Algorithm
-
Genesis Block Date
2017-09-15
Data provided by CryptoCompare
About

A brief history
KuCoin is a crypto asset exchange that describes itself as a hybrid exchange integrating features of both centralized and decentralized exchanges. Launched in 2017 and based in the Seychelles, KuCoin claims to be the “people’s exchange.” The long-term goal of the team is to transition to a fully decentralized exchange model. Currently, the exchange operates through more of a centralized model, attempting to duplicate best practices in traditional asset exchanges including dedicated risk and compliance teams. What makes KuCoin unique is its incentive mechanism KCS Bonus system. Through the system, users who hold more than 6 KCS can earn a daily dividend, which comes from 50% of KuCoin's daily trading fee revenue. The amount of rewards that users can get depends on the number of KCS held and the trading volume of the KuCoin Exchange. Based on the historical data in 2021, the estimated APR of the KCS bonus ranges from 3% to 30%.

KCS in practice
In the KuCoin ecosystem, KCS can be used to pay trading fees on the KuCoin Exchange, allowing users to enjoy discounts of 20%. Holding KCS also allows for participation in token sales on KuCoin Spotlight, as well as LockDrop/BurningDrop on the Pool-X platform. However, the main benefit of KCS is the daily exchange profits that can be earned by staking the token. These payments directly reflect the success of the exchange in terms of transaction and trade volume. The more trading fees the platform collects, the larger the daily rewards pool. For example, if a user holds 10,000 KCS, and the exchange collects 20 BTC in trading fees (0.1% of daily trading volume), you would receive 0.001 BTC converted to KCS per day. The payouts are calculated for every token pair listed on KuCoin and are paid out mainly in KCS, but sometimes in other altcoins, too.

Project Links
ETH Creator Address
0xf2-26BD
ETH Contract Address
0xf3-8811
Documents
Whitepaper
Please verify all project links, data may change over time. Be vigilant of scams interpreting official projects.
ROI
USD
ETH
BTC
6H
0.00%
0.00%
0.00%
1D
-0.24%
0.30%
0.42%
1W
2.83%
2.58%
3.47%
1M
2.35%
17.39%
5.22%
6M
-55.70%
15.15%
5.27%
1Y
-8.13%
97.12%
97.89%
3Y
723.35%
12.42%
255.66%
USD
KCS

Follow Blockchain.com

Stay updated with the latest from Blockchain

Explore Assets
/