KuCoin Token (KCS) is the native cryptocurrency of the KuCoin exchange, launched in 2017 to function as a utility token on the platform. Built on the Ethereum blockchain, KCS facilitates a host of benefits for its holders, particularly those who engage frequently with the KuCoin exchange. By holding KCS, users can reduce their trading fees, enhance their trading performance, and even earn a passive income through a rewarding structure known as KuCoin Bonus, which shares a portion of the exchange's profits with KCS holders. The supply cap of KCS is set at 200 million tokens, although initiatives for buybacks and token burns aim to reduce the total circulating supply over time, thus supporting its value. As a core element of the KuCoin ecosystem, KCS is pivotal in aligning the economic interests of the platform with those of its users.
KuCoin Token (KCS) is the native cryptocurrency of the KuCoin exchange, launched in 2017 to function as a utility token on the platform. Built on the Ethereum blockchain, KCS facilitates a host of benefits for its holders, particularly those who engage frequently with the KuCoin exchange. By holding KCS, users can reduce their trading fees, enhance their trading performance, and even earn a passive income through a rewarding structure known as KuCoin Bonus, which shares a portion of the exchange's profits with KCS holders. The supply cap of KCS is set at 200 million tokens, although initiatives for buybacks and token burns aim to reduce the total circulating supply over time, thus supporting its value. As a core element of the KuCoin ecosystem, KCS is pivotal in aligning the economic interests of the platform with those of its users.