What does KCS mean 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. KuCoin takes into account the amount of KCS users hold when distributing the various coins. The more KCS you hold, the more dividends you’ll receive.6 Şub 2018

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What is the use of KCS coin?

Kucoin Token (KCS) is a cryptocurrency token specifically for use on the Kucoin exchange . Owning KCS does two things. Gets you a discount on trading fees and pays you dividends. 50% of all trading fees paid by Kucoin users each day is set aside for KCS holders and distributed equally among all KCS tokens.

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Is KuCoin the same as Coinbase?

In comparing KuCoin vs. Coinbase, KuCoin wins the available cryptocurrency section . Coinbase’s policy is to list as many coins as it is legally able to. However, its range of cryptocurrencies is much more limited because the platform is fully licensed in the U.S. It has about 90 tokens available for U.S. customers.

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