KuCoin Token (KCS) is That The Native Token of KuCoin

KuCoin Token (KCS) is that the native token of KuCoin, a world-leading cryptocurrency exchange, that came out back in 2017. The initial total offer of KCS was set at two hundred million, and its final offer is planned to stabilize at a hundred million through a redemption and burn mechanism. With the vision of “from geeks to mass adoption”, KCS is building a blockchain-based worth self-circulation scheme and connecting the globe of each centralization and decentralization to create a strong net three.0 scheme for everybody to access with ease.

As the native token of KuCoin, KCS permits its holders to share the expansion good thing about KuCoin. Hold a minimum of half-dozen KCS tokens qualify for a daily reward that comes from KuCoin’s daily mercantilism fee revenue. additionally, KCS is additionally a utility token that contains a heap of use cases together with obtaining a 2 hundredth mercantilism fee discount on KuCoin, collaborating in Spotlight and BurningDrop, booking a visit on Travala and additional.

Another vital milestone for KCS is that the development of KCC, that may be a localised public chain engineered by the fans of KCS and KuCoin’s fan communities. KCS is native token and also the solely fuel for KCC, which might be accustomed pay gas fees and support the event of comes engineered on KCC. 