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 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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