To withdraw the stable coin you must have at least a 60% debt ratio in your KuCoin margin account which means you must have about 33000 USD worth of KCS (about 1486 KCS at a price of 22.2) in the margin account. Withdrawing these tokens to KCC cost you 0.1 USDT and 0.1 USDC.
Read moreWhat do you get for holding KCS?
KCS holders get the following benefits: Receive daily cryptocurrency dividends which amount to 50% of the collected trading fees. Get a trading fee discount. Can trade in additional trading pairs, including BTC, ETH, LTC, USDT, XRP, NEO, EOS, CS, GO.
Read moreHow is KCS bonus calculated?
The reward is calculated on the amount of KCS you held each day at 0:00 (UTC+8) in your Dashboard of KuCoin Exchange . It is automatically added to your balance on a daily basis. If the calculated amount is less than 0.00000001, the reward will be ignored.
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 moreDoes Coinbase support KCS?
(KCS / USD) KuCoin Token is not supported by Coinbase .
Read moreWhat is the daily KCS bonus?
KCS Bonus represents a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. Those that hold at least 6 KCS tokens qualify for a daily reward that comes from 50% of KuCoin’s daily trading fee revenue .
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