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.
Read moreWhat is KCS coin?
What Is KuCoin Token (KCS)? 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.
Read moreWhat is KuCoin KCS used for?
Kucoin Token (KCS) is the fuel of KCC and will be used for all sorts of economic activities on the chain, such as paying for transaction fees and the execution of smart contracts . When the ecosystem around KCC grows, the demand for the KCS token will grow because of its utility.
Read moreIs Coinbase or KuCoin better?
Coinbase vs Kucoin cryptocurrency exchange overall score comparison reveals that Coinbase has a higher overall score of 9.6 , while Kucoin gathered an overall score of 9.4.
Read moreWhat’s better Coinbase or KuCoin?
Coinbase vs Kucoin cryptocurrency exchange overall score comparison reveals that Coinbase has a higher overall score of 9.6, while Kucoin gathered an overall score of 9.4. If we look at the ease of use, it’s clear that in this Coinbase vs Kucoin comparison, Coinbase has better & smoother user experience than Kucoin .
Read moreWho is KuCoin owned by?
Johnny Lyu is a cofounder and CEO of KuCoin, a global leading cryptocurrency exchange. Founded in 2017, KuCoin quickly boomed in popularity to become one of the largest international crypto exchanges. Lyu, based in Asia, says this company has more than 10 million users across 207 countries and regions around the world.
Read moreCan I transfer KuCoin to Coinbase?
App: Log in to your KuCoin account, then click “Assets” – “Withdraw” to enter the withdrawal page . Step 2: Once you have selected the correct token, you will need to add the wallet address (composed of remark name and address) and amount. The Remark is optional.
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