What Is KuCoin Token (KCS)

goga69

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Aug 29, 2022
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KuCoin Token or KCS (Trade KCS with MEXC Global) is a native KuCoin token that debuted in 2017 as a profit-sharing token that allows traders to extract value from exchanges. The majority of Ethereum wallets supported KCS as they were created as his ERC-20 tokens running on the Ethereum network. KuCoin users can earn passive income by holding it.
On November 14th, 2021, the KuCoin token (KCS) hit its maximum price (ATH) of 32.89 USD. Since the ATH date, the price of KCS has never been lower than 8.04 USD on July 2, 2022.
KCS Tokenomics
KCS Token had an initial fund of 200 million at the time of its creation. Since the project's inception, KuCoin and KCS developers have been buying back tokens from the market and burning a certain amount of supply each month. The proceedings are expected to continue on a regular basis until KCS's circulating reserves are reduced to his 100 million.

How to Buy KCS?
  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  1. Search “KCS” using the search bar to see the available trading pairs. Take KCS/USDT as an example.
  1. Scroll down and go to the [Spot] box. Enter the amount of KCS token you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy KCS] to confirm your order. You will find the purchased KCS in your Spot Wallet.