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KuCoin Token (KCS) exchange rate

Price for today

7,012 USD 2,07%

0,00042430 BTC 2,14%

Market Cap
689,863,074 $
Volume 24h
840,599 $
  • Name: KuCoin Token

  • Symbol: KCS

  • Circulating supply: 98 379 861 $

  • Max supply: 170 118 640 $

  • Cmc rank: 55

  • Volume 24h: 840 599 $

  • Percent change 1h: 0,07 %

  • Percent change 24h: 2,1 %

  • Percent Change 7d: -3 %

about KuCoin Token

KuCoin is a world-class Hong Kong-based blockchain asset exchange opened in October 2017 that pays 90% of daily exchange fees to its token holders. KuCoin offers its own KCS token (KuCoin Shares) with a total issuance of 200 million tokens and uses it similarly to Binance through having a different mechanism for rewarding token holders. 

For every 1,000 KCS on the balance, token holders receive a 0.01% discount in trading commission. Taking into account the standard KuCoin rate of 0.1%, a trader can significantly save on exchange fees.

KuCoin also offers dividends for KCS holders. Dividends are allocated 50% of the exchange's trading fees over a 24-hour period. Thus, the dividend from the KCS token is directly related to the total trading volume, which is also a stimulating method to increase their volume and intensity.

KCS is the exchange's own token based on the ERC-20 protocol. According to the official document of the KuCoin exchange, it is planned to burn tokens and gradually reduce their maximum number to 100 million tokens. This limited supply should also drive the coin's price up further.

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What is KuCoin Token?

KuCoin Token is quite popular crypto among traders, ordinary users and investors who obtain it for long-term accumulation. Accordinglyowners can use KCS for daily payments, exchange and holding.

What is KCS price today?

As of the 26.11.2022, 1 KCS can be acquired for 7.01223876. Check out our KCS price chart to see how its value has changed these days.

Where can I buy KuCoin Token?

KuCoin Token cryptocurrency can be bought on one of the many trustworthy exchanges such as Godex. When decide on an exchange to buy KCS, always pay attention to its reputation.

Where is KCS kept?

There are several options and methods to keep KCS. To keep a large quantity of cryptocurrency, hardware-type wallets such as Ledger and Trezor are appropriate. If you plan to use KCS for trading or paying daily expenses, then a hot wallet (mobile or desktop) would be the good option. When decide on a wallet, pay attention to its safety features and serviceability.

F.A.Q.

What is a KCS in simple terms ?

KCS is the ticker for KuCoin Token, which is one of the online currencies, the rate of which is not pegged to another asset (for example, to the US dollar or oil). Since it is virtual money, it does not have a physical appearance like banknotes and is kept in special cryptocurrency wallets. 

Is KuCoin Token real money ?

KuCoin Token, like any other ordinary cryptocurrency is a real method of payment. KuCoin Token can be swapped for other digital money, and can also be used to pay for stuff or services. Like any other currency, it can both diminish and increase in price.

How to buy KCS ?

KCS is possible to acquire with another digital currency such as BTC or ETH. Besides, you need to take care of creating a reliable wallet where your new KCS coins will be saved.

Some exchanges might demand you to register and go through a complex verification of identity procedure in order to acquire KuCoin Token. But this is not the case with Godex, where you only need to send your cryptocurrency, for which you will buy KCS to the address generated by the website. 

After the requisite number of transaction confirmations is accomplished, you will get your KCS coins.

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