What is KCS token?

KCS is the native token of KuCoin , 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.

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How does KCS token work?

How Do KuCoin Shares (KCS) Work? Most importantly, KuCoin users earn part of the daily exchange profits by staking KCS . 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 is the daily rewards pool.

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Where is KCS coin listed?

VICTORIA, Seychelle, April 19, 2021 /PRNewswire/ — April 19, 2021, KuCoin, an IDG-backed crypto exchange, today announced that its native token KuCoin Token (KCS) will get listed on AscendEX with the trading pair KCS/USDT on April 19 at 14:00 (UTC).

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