Venus1100
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The native KuCoin token, also known as KCS, was introduced in 2017 as a profit-sharing token that allowed traders to benefit from the exchange. KCS was developed as an ERC-20 token that worked on the Ethereum network, so it was supported by the majority of Ethereum wallets. Users of KuCoin are encouraged to benefit from passive income generation by holding it.
Key Characteristics of KuCoin Token
What is KCS good for? The main use cases are listed below:
Enjoy reduced trading fees on the KuCoin exchange. Exclusive discounts on trading fees and other associated costs are available to KuCoin token holders on the KuCoin exchange. The percentage of discounts is based on the users' total holdings of KuCoin tokens. Additionally, KCS owners receive a 20% discount on transaction fees if they pay with KuCoin tokens.
Get a daily KCS bonus. In order to promote the KCS ecosystem, builders and holders who own at least 6 KCS will receive a daily bonus from 50% of KuCoin's trading fee revenue. To further illustrate, the amount of a bonus you receive will depend on your holdings of KCS and your overall trading fee revenue on KuCoin.
Gasoline in the KuCoin Community Chain network (KCC). Users can pay transaction or gas fees on this public chain using the KuCoin token, which serves as a native asset of the KCC network.
Special access rights to KuCoin Spotlight/BurningDrop. As a KuCoin token owner, you have exclusive access to the initial token offerings from cutting-edge projects that are featured on KuCoin Spotlight/BurningDrop.
Key Characteristics of KuCoin Token
What is KCS good for? The main use cases are listed below:
Enjoy reduced trading fees on the KuCoin exchange. Exclusive discounts on trading fees and other associated costs are available to KuCoin token holders on the KuCoin exchange. The percentage of discounts is based on the users' total holdings of KuCoin tokens. Additionally, KCS owners receive a 20% discount on transaction fees if they pay with KuCoin tokens.
Get a daily KCS bonus. In order to promote the KCS ecosystem, builders and holders who own at least 6 KCS will receive a daily bonus from 50% of KuCoin's trading fee revenue. To further illustrate, the amount of a bonus you receive will depend on your holdings of KCS and your overall trading fee revenue on KuCoin.
Gasoline in the KuCoin Community Chain network (KCC). Users can pay transaction or gas fees on this public chain using the KuCoin token, which serves as a native asset of the KCC network.
Special access rights to KuCoin Spotlight/BurningDrop. As a KuCoin token owner, you have exclusive access to the initial token offerings from cutting-edge projects that are featured on KuCoin Spotlight/BurningDrop.
