Dynamic and history value of price KCS. Maximal value of price KuCoin Shares was 1.446$ - 2020-09-01 08:00:06, Minimal price of KCS was 0.7235$ value and fixed at 2020-07-07 14:00:13. Today price of KuCoin Shares is : 1.162$
The tokens issued by the KuCoin blockchain asset trading platform are KuCoin Shares, or “KCS” for short, with a total issued volume of 200 million. After being destroyed through repurchase, it is stable at 100 million. KCS coin is a decentralized blockchain asset based on Ethereum issued by Ethereum. It is an ERC20 standard token based on the Ethereum blockchain and supports all Ethereum wallets.
KuCoin Review: Is it Safe to use in 2020?
KuCoin’s OTC desk is at present in its trial phase and is on the market for USDT and CNY pairs. Spotlight IEO Platform — Missing out on the IEO craze is a mistake that’s not worth making. As such, KuCoin was one of many first cryptocurrency exchanges to not solely leap on the IEO bandwagon however to additionally innovate it with their Spotlight platform.
24 Mayıs 2020, 19:00 (UTC +3)’da 10 KCS ödül verilecek 1 kazanan seçeceğiz.#KuCoinFriday
Şartlar aşağıda belirtilmiştir: pic.twitter.com/ydEwl0v407
— KuCoin Exchange Turkey (@KuCoinTurkey) May 22, 2020
KuCoin is a comparatively new cryptocurrency exchange primarily based out of Hong Kong. The change was established in May 2017 by an experienced team of blockchain and cryptocurrency professionals who started growing and building the exchanges architecture back in 2011.
Part of our plan is to release a singular feature which might help cryptocurrency managers or amateurs to self-register new cryptocurrency pairs and start trading routinely. One of the best benefits of utilizing a platform like Kucoin is that they’ve a massively extensive record of supported cryptocurrencies.
The token comes with a Kucoin bonus, which is awarded to customers who hold this token. This incentive bonus amounts to half of all buying and selling charges that the platform charges, with the share open to adjustment sooner or later. To achieve the day by day bonus, users must have their KCS deposited throughout the Kucoin Platform. The Kucoin token, KCS or Kucoin Shares, has a complete volume at issuance of 200 million.
The fees for a withdrawal depend upon the cryptocurrency in query, but some are free from fees, together with GAS and NEO. Others have incredibly low charges, such as BTC at simply 0.0005, LTC at simply zero.001, and ETH at simply 0.01. Kucoin is likely one of the many cryptocurrency exchanges obtainable for these in search of a modern and secure platform to commerce between cryptocurrencies. As the crypto bear market continues to endure, it is extremely probably that many extra tokens will see their trading volume disappear as they are delisted from nearly all major cryptocurrency exchanges. Buying KuCoin Shares (KCS) for funds out of your financial institution requires a 2-step course of.
Although Kucoin is great for low trading charges and an intensive vary of supported coins, the platform does not have any relationship with fiat currency. This makes it difficult for first time crypto traders to enter the marketplace. The Kucoin change has also issued their very own cryptocurrency token. Known as Kucoin Shares, those holding the token are accustomed to a share of the platform’s income. These revenues are linked to the charges Kucoin makes by way of its facilitation of trading.
As the cryptocurrency bear market appeared to put on off a couple of months ago, most token values were stalled in holding patterns. KuCoin’s native KCS token, nonetheless, was busy having a bull run all on its own. Similar to different change tokens corresponding to BNB, HT, and BIX, KCS is used to low cost buying and selling charges and different exchange services — however that’s not the token’s largest draw.
Not just for buyback and for dividends, KCS tokens will also permit KuCoin merchants to get lowered buying and selling fees. When you could have a thousand KCS tokens in your account stability, you will get a 1% discount on trading charges. KuCoin is likely one of the famous cryptocurrency exchanges the place you can commerce Bitcoin against altcoins or simply altcoins in opposition to other altcoins. There is a variety of cryptocurrency selections at KuCoin, and it makes the website far more enticing in the eyes of veteran crypto traders. And then, we’ve KuCoin Shares, which is the native crypto token of KuCoin.
The Kucoin team has decided to step into the cryptocurrency trade business in 2017. They are serving the trade with the superior customer support and a good enough UI/UX. In this guide we’ll describe step-by-step, tips on how to open a Kucoin trading account.
How do I buy KCS on Kucoin?
Kucoin supports customers from almost 200 nation-states. However, as you’ll see from the list below, Kucoin does not accept users from the U.S. Below is a list of all countries accepted by Kucoin.
The cryptocurrency change deals solely with cryptocurrency assets and doesn’t supply any fiat foreign money trading pairs. An interesting side of KuCoin is that the change employs a revenue-sharing system during which they distribute 50% of the trading fees amongst users who maintain KuCoin’s native token “KuCoin Shares” (KCS). The trade has pledged to make use of 50% of all buying and selling fees earned to purchase KCS from the market after which redistribute it to users primarily based on the terms of its program.
Following the planned buyback disposal, there might be a relentless one hundred million tokens. A minimal of 10 % of every quarter’s internet revenue might be allotted to buying again KCS, and those that KCS bought again might be destroyed immediately. KCS works with all Ethereum wallets, as it’s a decentralized cryptocurrency based mostly on Ethereum.
As a decentralized cryptocurrency issued on the basis of Ethereum, additionally a regular ERC 20 token based mostly on Ethereum blockchain, KCS helps all of the Ethereum wallets. Multiple Cryptocurrencies Support – The underlying technologies helps infinite cryptocurrency buying and selling pairs. In the early phase, Kucoin provides BTC, ETH, and USDT markets, which incorporates the trading pair of KCS, LTC, NEO and numerous highly negotiable ERC20 tokens.
This contains well-liked coins like Bitcoin and Ethereum, as well as extra obscure ERC-20 tokens. Kucoin is a well-known third-get together trade that enables customers to buy and promote lots of of cryptocurrencies.
This not solely covers established cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum and Stellar, but in addition hundreds of obscure tokens. However, it is important to observe that Kucoin doesn’t offer any buying and selling pairs that embody fiat currencies similar to USD/GBP/EUR. Although Kucoin was solely launched in 2017, the platform is now one of the well-liked cryptocurrency exchanges in the industry.
The platform is commonly thought to be one of many cheapest exchanges in the trade, not least as a result of they provide tremendous low trading charges. Depending on which tab you click on, you will see different markets.
With the aggressive buying and selling and withdrawal fees and lack of charges for a deposit, Kucoin seems ready to make its mark as a frontrunner for cryptocurrency exchange. Incentives, such because the invitation bonus, should solely help broaden the platform. According to the whitepaper, Kucoin would have greater than 50 mainstream cryptocurrency pairs listed as of December 2017. Based on the listed currencies and charges on the time of writing, this objective has been met. It is essential to notice that the overwhelming majority of Kucoin’s charges, which are already minimal, return to the users.
Another space that KuCoin excels in is their very beneficiant bonuses and promotions. As mentioned earlier, KuCoin only retains 10% of the fees they charge, returning 90% of the fees to the customers of the platform. Traders could be rewarded for actively participating and selling the platform, investing in new cryptocurrencies, and participating in competitions and contests. As nicely, users obtain an invitation bonus when new customers sign up with their referral code.
KuCoin Shareholders obtain discounted trading charges and other advantages similar to entering in contests, attracts, and more. Please notice that this award proportion might be adjusted based mostly on the precise situation sooner or later. The initial quantity of KCS is 200 million amongst which a hundred million owned by the group and angel buyers wouldn’t be taken under consideration when calculating the bonus. Known as Kucoin Shares or KCS for brief, the cryptocurrency issued by Kucoin Cryptocurrency Exchange Platform maintains a total issuance quantity of 200 million.
- The trade has pledged to make use of 50% of all buying and selling fees earned to purchase KCS from the market after which redistribute it to customers based on the phrases of its program.
- The change was established in May 2017 by an skilled staff of blockchain and cryptocurrency professionals who began creating and building the exchanges structure again in 2011.
- An attention-grabbing facet of KuCoin is that the change employs a profit-sharing system in which they distribute 50% of the trading fees amongst customers who hold KuCoin’s native token “KuCoin Shares” (KCS).
- KuCoin is a relatively new cryptocurrency trade primarily based out of Hong Kong.
- The cryptocurrency change deals only with cryptocurrency assets and does not supply any fiat foreign money buying and selling pairs.
While criticisms have been leveled at their UI, KuCoin’s extensive-sweeping security choices for consumer accounts and on-level security backend imply your funds are (relatively talking) #safu. However, KuCoin doesn’t want you to depend on their hot wallets for security (and neither can we). That’s why they’ve partnered with Arwen to bring users a self-custody option for crypto belongings. Rather than rely on a 3rd-get together trade wallet to safe your belongings, you can leverage the native safety of your digital asset’s blockchain and trade through KuCoin.
Deposits to the trade are free, and customers are charged minimal withdrawal fees that fluctuate from coin to coin. Traders can even save on the little fees incurred on them by holding and using KuCoin Shares for buying and selling. KuCoin at all times returns ninety% of the fees to the customers of their exchange in a technique or one other. Even fiat trading pairs are not provided, so traders will need to purchase cryptocurrencies with fiat forex elsewhere earlier than trading on KuCoin. KuCoin options all kinds of cryptocurrencies to trade and continue to add new cash on a regular basis.
How to buy Kucoin (KCS)
The exchange has 5 markets — bitcoin, Ethereum, NEO, USDT and their own KuCoin Shares (KCS), however they support 133 cryptocurrencies in total throughout more than 300 buying and selling pairs. KuCoin’s objective is to create an automated system by which market individuals can “self-register new cryptocurrency pairs, as per the White Paper. The platform costs both market makers and market takers 0.1%, which makes it one of many least expensive cryptocurrency exchanges in the online house. If you are in possession of the platform’s native Kucoin Shares tokens, then you possibly can reduce your charges additional.
They offer extra cryptocurrency selection than many different cryptocurrency exchanges and provide trading pairs between BTC, ETH, KCS, NEO & USDT. KuCoin presents their traders the very simple and fundamental commerce forms of exchanging one cryptocurrency for an additional. Like most cryptocurrency exchanges they’re very fundamental and don’t offer margin buying and selling. KuCoin has developed their very personal proprietary net-primarily based trading platform.
Other than ETH-BTC, there are nonetheless numerous cryptocurrency pairs on the platform, which creates the trading charges within the corresponding foreign money and bonus based on the description above. Invitation Bonus – Registration invite links and QR code will be distributed to all of the Kucoin customers. Users will have the ability to benefit from the direct and oblique promotion bonus by inviting new users to register. This portion shall be determined by the real state of affairs of the platform operations, please refer to the announcements. Invitation bonus can increase the register and go to numbers and make the change and consumer activities more flourishing.
Margin Trading — KuCoin launched their margin trading services on October 31, 2019. This platform initially supported 12 different property, which provided a way to commerce with up to 10x leverage. In addition to the margin trading features, this also marks the opening of a lending platform for customers who want to lend their tokens to others for margin buying and selling. Impressive Security — There’s loads of ways for exchanges to impress, however the most essential quality to own is strong security.
The bonus for each 10,000 holdings could be 10,000 by 100,000,000 (zero.01%). So that the day by day bonus from this very cryptocurrency pair is 0.003 BTC and zero.0476 ETH (1 BTC and 17 ETH annually).
KuCoin dubs itself as the people’s exchange as well as the worldwide change. The buying and selling platform is fueled by its ERC20 KuCoin (KCS) token and it’s extremely incentivized with promotions and bonuses, all of that are extremely popular amongst its customers. Perhaps this has something to do with the brand new Tesla Model S car that KuCoin gave away to considered one of its fortunate traders. Those with a minimal variety of KCS of their Kucoin account can even reap the benefits of lowered buying and selling fees at the time that they place orders for online trades. Eventually, KCS will reach sure levels, at which point these customers who hold this token will get entry to customer support Fast-Pass, one-on-one funding consultation, and different exclusive providers.
The options are Bitcoin (BTC), KuCoin Shares (KCS), Stable Coin (USDⓈ), and ALTS (Includes Ethereum (ETH) and Neo (NEO)). Not all tokens are paired into each market, and the prices could range depending available on the market you are looking at. OTC Trading Desk — Much like IEO platforms, OTC trading desks have turn out to be the norm for cryptocurrency exchanges.
Ninety % of the total trading fees are returned to users in a method or another, with Kucoin retaining solely 10 % of buying and selling service fees. The largest portion, 50 percent of the charges, goes to customers with KCS in their accounts as their Kucoin Bonus. Kucoin aims to always supply very low fees, both for trading and withdrawals, making it affordable to use this exchange. There isn’t any fee to make a deposit, and the trading charges are only 0.1 %, based on the asset that you simply buy.
KuCoin is a cryptocurrency trade aiming to supply protected and handy digital asset transactions. This blockchain asset trade boasts its simple-to-use platform, safe trades, 24/7 Customer Support, low transaction fees, and quick withdrawal. The token has lately maintained a market cap of over 1 billion USD. The KCS is an ERC 20 token which is predicated on the blockchain of Ethereum. KCS can be stored safely on ERC-20 supported wallets, similar to MyEtherWallet.
That’s given KuCoin customers a headstart on a fad that doesn’t seem to be fading any time soon. Both MultiVAC and Trias featured as early Spotlight IEOs, and despite their so-so market performance, the attention-grabbing headlines around IEOs have been great for KuCoin’s change progress and token worth. The fees provided by KuCoin are among the many lowest in the cryptocurrency trade space. They strive to make it reasonably priced to make use of their exchange to grow their buyer base and turn out to be the #1 exchange. There are no charges for making a deposit and traders are solely charged zero.1% on their trades.
KuCoin is Hong-Kong based mostly cryptocurrency exchange which was developed by a group of blockchain and cryptocurrency professionals. The staff had worked on various aspects of making an trade since 2011, building the platform architecture in 2013. KuCoin finally went live in September 2017, and shortly turned one of many more well-liked cryptocurrency exchanges on the earth.
The platform has a very user-pleasant design and interfaces making it ideal for each new and skilled merchants. The platform excels within the space of design and is much nicer than many other cryptocurrency trade platforms we have examined. It’s simple to browse and choose which cryptocurrency assets and markets to commerce. Also, the platform options advanced trading and analysis tools complete with technical indicators and charting which are powered by TradingView. The KuCoin buying and selling platform performs very well and has all of the options one would expect from a leading cryptocurrency trade.
In January 2018, KCS briefly surpassed a market cap of $1.7 billion, and is currently within the prime 50 of all cash by market cap. KuCoin Shares (KCS) is an Ethereum token that is utilized by the KuCoin cryptocurrency exchange. In the same vein as Binance’s Binance Coin, KuCoin Shares can be used to activate special exchanges options when held by its proprietor on the trade. The token acts much like how stock shares work and offers numerous kinds of bonuses to its holders, similar to decrease buying and selling fees, earnings from fees, and different perks.
Institutional interest in crypto has been heating up all 12 months lengthy, and with digital asset trading at present in full-swing, KuCoin’s OTC buying and selling desk is more related than ever. OTC trading is, generally, for high-net worth and agency size accounts needing to settle trades away from the order e-book.