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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What 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.

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What 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.

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