KuCoin Token priceKCS#61
1.13% (24h)
KuCoin Token to USD Chart
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KuCoin Token statistics
- SpotSpot
- DerivativesDerivatives
- Market cap
- $919.82M
1.13%
- Volume (24h)
- $4.32M
9.4%
- Vol/Mkt Cap (24h)
- 0.4705%
- FDV
- $1.31B
- Total supply
- 142.15M KCS
- Circulating supply
- 139.65M KCS
- Holders
- 11.22K
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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. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. Sooner or later, as the KuCoin decentralized trading solution goes live, KCS will be the native asset of KuCoin's decentralized financial services as well as the governance token of the KuCoin community in the future.
KuCoin has also announced that “Empowering KCS'' will be a key priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. In the long run, KCS performs as the key to the entire KuCoin ecosystem. With the development of DEX and KuChain, KCS will also be the underlying fuel and general token for future KuCoin decentralized products. More details will likely be released in the near future.
What Makes KuCoin Token Unique?
What Is The KCS Used For?
What Is A KCS Burn?
The KCS initial supply was set at 200 million. KuCoin and the KCS team are buying back KCS from the market and burning them every quarter. The amount of KCS to be burned
depends on the quarterly trading volume of the KuCoin Exchange. So the circulating supply of KCS is decreasing and will eventually settle down at 100 million.
How Is the KuCoin Token Network Secured?
KuCoin employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.
It uses a multi-cluster and multi-layer architectural system that can accommodate more than one transaction at the same time, ensuring system stability throughout every transaction.
Who Are the Founders of KuCoin Token?
How Many KuCoin Token (KCS) Coins Are There in Circulation?
Where Can You Buy KuCoin Token (KCS)?
KuCoin Token (KCS) trading can be found on the following exchanges:
If you are curious about learning how to trade Bitcoin, you can find all of the information you need here.
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