What is KuCoin token used for?

KuCoin Shares is an Ethereum token issued by the KuCoin cryptocurrency exchange . Holders of the token who keep it on the exchange receive a portion of the trading revenue generated by the exchange.

What Is The KCS Used For? Besides being paid out as a dividend, KCS, as a utility token, is also used to pay for trading fees on the KuCoin Exchange , allowing users to enjoy discounts of up to 80%.

Currently, you can’t deposit fiat funds into your Kucoin account. The only way to do this is to buy Cryptocurrency with the Fiat currency . To do this, go to the Kucoin homepage, click on buy Crypto on the top left corner and select fast buy. Select the Crypto you want to buy.