$9.0693 +0.14%
Glob. Mkt Cap Rank: No.66
2024-08-07:09:36:37update
24H High
:
74.6747
24H Turnover
:
530.87千万
Max Supply
:
0.0
24H TR
:
0.08%
24H Low
:
65.1906
24H Vol
:
80454.88
Curr. Issued
:
96287258.0
24H High-Low
:
+14.55%
ATH
:
205.33
Highest Mkt Cap
:
63.54亿
Circulating Supply
:
96287258.0
Dominance
:
0.04%
ATL
:
1.78
Mkt Cap (Float)
:
63.54亿
Circulating Supply
:
48.14%
Issue Date
:
2017-08-15
Introduction
Latest News
News Flash
Basic information
Full Currency Name /KCS
Currency Code KCS
Coin Intro "KCS is the platform token of the KuCoin exchange, officially known as the KuCoin Token. It was launched in 2017 and is an ERC20 standard token issued on the Ethereum blockchain, compatible with all Ethereum wallets. The total supply of KCS is capped at 200 million, eventually stabilizing at 100 million after buyback and burn. Additionally, KCS serves as the ecosystem token for KuCoins future decentralized financial services and the governance token for the KuCoin community.
KuCoin is dedicated to providing users with safer and more convenient trading and exchange services for blockchain assets, aggregating high-quality global blockchain assets, and striving to build a world-class blockchain asset trading platform. Key advantages include: high-performance order matching engine (capable of over 2 million orders per second at peak times), financial-grade stability, bank-level system security, secure funds, multi-cryptocurrency support, and efficient customer service.
The founding team of KuCoin began in-depth research into blockchain technology as early as 2011, and implemented the technical architecture of the KuCoin trading platform in 2013.
About the Founding Team: KuCoin was established by a group of blockchain enthusiasts and focuses on blockchain assets trading. The founding team primarily comes from internet and financial companies such as Ant Financial and GF Securities.
The current price of KCS is $8.53, with a 24-hour trading volume of $1.2443 million. KCS has decreased by 9.04% in the last 24 hours. Currently ranked #107 on BeeChecker, its market cap stands at $821.199 million USD. Its circulating supply is 96.2872 million KCS, and its total supply is 170.118 million KCS."
Issue Date 1508889600000
All-Time High $28.762412
All-Time Low $0.33755432
Total Supply 170118638
Circulating Supply 96287258.289
Circulating Supply Percentage 0.5660006417932878
Market Cap 1971339288404
Fully Diluted Market Cap $5.01334891947583e-8
Mkt Cap (Float) $821199449
Circulating Market Cap % of Global Total 0.00041656931094030225
Listed on Exchanges 5
Official Link https://www.kucoin.com/
Whitepaper https://assets.kucoin.com/kucoin_whitepaper_en.pdf
Blockchain Explorer "https://etherscan.io/token/0x039b5649a59967e3e936d7471f9c3700100ee1ab", "https://ethplorer.io/address/0x039b5649a59967e3e936d7471f9c3700100ee1ab", "https://blockchair.com/ethereum/erc-20/token/0xf34960d9d60be18cc1d5afc1a6f012a723a28811"
Telegram "https://t.me/KuCoin_API", "https://t.me/Kucoin_Exchange", "https://t.me/KuCoin_Exchange_CHN", "https://t.me/KucoinSpanish", "https://t.me/kucointurkiye", "https://t.me/KuCoinVietNam", "https://t.me/kucoinrussianofficial", "https://t.me/kucoinitalianofficial", "https://t.me/KuCoin_Exchange_India", "https://t.me/Kucoin_KR", "https://t.me/KuCoin_Indonesian", "https://t.me/KuCoin_FR", "https://t.me/KuCoin_Dutch", "https://t.me/kucoinAR", "https://t.me/KuCoin_JP", "https://t.me/kucoin_de", "https://t.me/KuCoinPortuguese", "https://t.me/KuCoinfficialskupinao", "https://t.me/kucoinbangladesh", "https://t.me/kucoinbangladesh", "https://t.me/KuCoinNigeria", "https://t.me/KuCoinThailand", "https://t.me/kucoinpak"
Github https://github.com/Kucoin/kucoin-api-docs
Twitter https://twitter.com/kucoincom
FaceBook https://www.facebook.com/kucoinofficial
Reddit http://reddit.com/r/kucoin
Currency Introduction

KCS (KuCoin Token) is the native token issued by the KuCoin platform, serving as the hard currency of its unique ecosystem. The birth of KuCoin Rewards is designed to provide daily token rewards for KCS holders.

KCS is a decentralized blockchain asset issued on Ethereum, following the ERC 20 standard for tokens.


1. Project Introduction

The token issued by the KuCoin Blockchain Asset Trading Platform is called KuCoin Token (KCS), with a fixed supply of 200 million tokens. After buyback and burn processes, the stable supply will be 100 million tokens. KCS is a decentralized blockchain asset issued on Ethereum, adhering to the ERC 20 standard, making it compatible with all Ethereum wallets.

The founding team of the KuCoin Blockchain Asset Trading Platform began researching blockchain technology in 2011, developed the technical architecture for the KuCoin trading platform in 2013, and officially entered the blockchain asset trading service field in 2017.

KuCoin Advantages
Operating Strategy: KuCoin dedicates a significant portion of its trading fee revenue to rewarding high-quality users for trading, investing, and referring others on the platform. This attracts quality users, increasing trading activity and expanding the user base through referral programs.

High-Performance Order Engine: The trading system utilizes hardware-accelerated memory matching technology, capable of handling over 2 million orders per second at peak times, with a peak matching speed of 1 million orders per second.

Financial-Grade Stability: The core trading system draws from leading global financial systems design principles, adopting an advanced multi-layer, multi-cluster architecture. From domain name resolution to the core trading and accounting systems, bank-level disaster recovery deployment is implemented across multiple sites, ensuring stability even in the face of equipment failures or natural disasters.

KCS Functions
Share of Platform Trading Rewards:
50% of all trading fees generated on the platform each day are distributed to KCS holders, encouraging user participation and trading activity. The official term for these rewards is "Rewards." The percentage may be adjusted based on the platforms development.

To receive daily rewards, users must hold KCS on the KuCoin Blockchain Asset Trading Platform. Rewards are calculated based on the users KCS balance at 00:00 (UTC +8) and the previous days trading fees, credited directly to the corresponding account balance.

Fee Discount Proportional to Holdings:
When placing an order, holding a certain amount of KCS can reduce the transaction fee. Specific standards are announced by the platform.

Other Exclusive Benefits:
Holders meeting specific criteria can enjoy personalized investment advisory services from the KuCoin investment team and priority customer support.

Future Use as Gas for Decentralized Systems:
The KuCoin team is dedicated to blockchain research and plans to introduce decentralized trading functionality, where KCS will serve as the core fuel for the system.

Distribution Method
Using the example from the whitepaper involving the ETH-BTC trading pair, here are predicted earnings for 10,000 KCS holders:
Daily: 0.00015 BTC and 0.0238 ETH
Weekly: 0.0105 BTC and 0.16666 ETH
Monthly: 0.045 BTC and 0.714 ETH
Yearly: 0.5475 BTC and 8.687 ETH
These figures represent just one trading pair out of over 200 on the platform. Fees from all pairs are distributed according to official guidelines, meaning KCS holders receive dual cryptocurrencies from other pairs (e.g., LTC/NEO).


2. Commentary

KCS (KuCoin Token) is the native token issued by the KuCoin platform, serving as the hard currency of its unique ecosystem. The birth of KuCoin Rewards is designed to provide daily token rewards for KCS holders.

Links:
https://www.kcs.top/
https://bitmaxhelp.zendesk.com/hc/zh-cn/articles/360021505714-KuCoin-Shares-KCS-
https://coincentral.com/kucoin-shares-kcs/
https://www.kcs.top/news/categories/announcements

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Development History
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