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What is KuCoin Token all about
KuCoin, commonly referred to as "the People's Exchange" is one of the top cryptocurrency exchanges in the world. KuCoin lists over 600 different assets in over 1100 trading pairs. The platform provides multiple options for margin, spot, P2P, and futures trading. KuCoin also supports lending, staking, and other earning opportunities. On top of that, KuCoin also offers trading bots and an NFT launch platform.
KuCoin is also the top 1 exchange for altcoins. Many lesser-known and smaller cryptocurrencies with significant growth potential are listed on KuCoin. The exchange also offers generous revenue share on trading fees. Up to 90% of the platform's trading fees are rewarded to holders of KCS, the KuCoin Token.
The KuCoin Exchange is heavily invested in improving the crypto ecosystem and educating people about it. The KuCoin Labs have been incubating crypto projects since 2018. They help build and sustain innovative projects, with long-term potential. This investment and incubation program already has over 30 projects in its portfolio.
KuCoin Token (KCS) is the exchange's native cryptocurrency. It is an ERC-20 token with a total supply of 200 million. KCS is a deflationary cryptocurrency and its target supply will be decreasing until it reaches 100 million. This is done through the KCS burn which is happening every quarter.
KCS has several use cases both on the platform as well as outside of it. The primary use of KuCoin Token is paying for the trading fees on the KuCoin exchange. Holders of KCS also benefit from the KuCoin VIP program. The more KCS a user holds, the more benefits they get in return. The VIP levels can be also increased through spot or futures trading. Higher levels of VIP offer lower maker/taker fees and increase users' withdrawal limit.
The token is integrated with many crypto payment systems, such as SwirlPay, Travala, or PundiX. This gives KCS a lot of utility even outside of its native platform. Through these and more systems, KCS may be used to book hotels, pay for gaming equipment, clothing, and more.
The KuCoin platform is continuously expanding, with its own chain - KuChain, being in development. When KuChain launches, KCS is expected to fuel the ecosystem.
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KCS Questions & Answers
How much is KuCoin Token worth today?
Price of KuCoin Token right now is 9.32 EUR.
When did KuCoin Token reach its peak?
KuCoin Token reached its maximum price on 2021-12-01, at 25.39 Euro.
How much will KuCoin Token cost next month?
Based on our prediction algorithm, we suspect the cost of KuCoin Token will reach anywhere between €5.76 and €11.97 in 1 month time.
Is KuCoin Token going to be worth more 90 days from now?
On the basis of our price prediction algorithm we estimate the value of KuCoin Token will be anywhere between €5.76 and €13.71 in three months time.
What will the price of KuCoin Token be in six months?
Long term forecast is very difficult, however based on our prediction algorithm we estimate that the price of KuCoin Token is likely going to be between €2.47 and €13.71 6 months from now.
How popular are topics related to KuCoin Token on online?
124608 individuals participated in discussing KuCoin Token online on Reddit in the last 48 hours. KuCoin Token's Twitter profile is followed by 2274403 people.
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