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Investing In KuCoin Token (KCS) – Everything You Need to Know

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KuCoin is among the biggest crypto exchanges, and while it may not be in the top 10 largest trading platforms, it is not far behind. According to its website, one out of 4 crypto holders worldwide are associated with the exchange, thanks to its benefits and problem-solving efforts.

Using a good exchange can be of huge benefit during trading, especially if you are new to the trading scene. KuCoin aims to offer a user-friendly service and plenty of advantages. Plus, as it noticed that the online world is making a strong move towards decentralization, it also started working on creating a decentralized version of its services.

There is a lot to know about this exchange, so let’s get started, and look into some of its most important aspects. Note that we will not be able to cover everything about KuCoin, but these are definitely the most important details about the exchange, and things that you should know, both if you want to use it for investing, or if you wish to invest in its own native cryptocurrency, KCS.

What Problems Does KuCoin Token (KCS) Solve?

Lets start by looking into what kinds of problems is KuCoin trying to solve, as there are quite a few things to discuss here.

Regular buybacks and burns

The first thing to note is that the platform has its native crypto, KCS, and it has developed a strategy that will ensure that the token’s value will eventually grow. It launched the token KCS with a total supply of 200 million units. It then planned out a buyback and burn strategy that will end when there are only 100 million KCS remaining. This will cut the circulating supply in half, and by that time, the demand for the coin is expected to reach high enough levels to have a significant impact on its price.

Empowering KCS

The exchange also said that it has a plan to empower KCS and that this will be one of its highest priorities. Basically, the plan is to build KCS as a “killer product,” rather than just another simple exchange token. As part of this, the exchange has planned out a number of benefits that KCS holders will gain access to simply by owning and keeping the token in their possession.

Seeking decentralization

As mentioned earlier, KuCoin has also planned out a route that will lead to the launch of its own decentralized trading solution. Decentralization has been a big word in crypto ever since the industry was founded, but over the last few years, the idea has started spreading outside of the crypto world. Now, we are seeing things like decentralized gaming, decentralized finance, and even the decentralized internet, which is currently in early stages of its development, but if there is a way to make it work – it will be discovered.

Increased security

KuCoin also employs the encryption protocol that makes sure that all user data, including data transfers within the system, will be hidden from everyone, which includes other users. The platform employs a multi-cluster and multi-layer architectural system that accommodates more than a single transaction at the time, so the system ensures security and stability for all transactions as they are happening in real-time.

Benefits of KuCoin Token (KCS)

Next, let’s take a look into some of the benefits that the KuCoin platform and token are offering to their users, as these may very well be the reasons why some of its users have joined.

KCS is supported by most Ethereum wallets

One very important detail about KCS is that it was issued on Ethereum’s network, which makes it an ERC-20 token. This, in turn, means that the token is supported by pretty much every Ethereum wallet that supports Ethereum-based altcoins, so you have quite a few wallets at your disposal, which lets you choose the one that suits your needs best, be it a mobile wallet, desktop wallet, online wallet, or a hardware one.


Once KuCoin comes up with more of its decentralized features, the plan is to use KCS as the native asset of those decentralized services. Another use case of the token will be governance, where users who hold it would be in charge of decision-making regarding the project and its future, whether through voting on various proposals, or by submitting proposals and suggesting changes.

Daily dividends

Next, it is also important to note that users who hold 6 KCS or more become eligible to get daily dividends. This money comes from 50% of the platform’s daily trading fee revenue. There is also a KCS Bonus, which is a unique incentive mechanism for the tokens’s holders and ecosystem builders.

Trading fee discounts

As a utility token of the KuCoin platform, KCS is also used to pay the trading fees within the exchanges. But, that is not all, as users can also enjoy discounts of up to 80%, which leaves them with more money to be used in trading.

Participation in token sales

With the platform’s own launchpad available for kickstarting new projects and holding their token sales, users who hold KCS will automatically have access to these token sales, where they can use KCS to purchase new tokens and be among their first investors and supporters.

Growing use cases

Finally, KCS is useful outside of the KCS platform, as well. It can be used as a payment method for shopping, buying gaming equipment, making hotel reservations, and more.

How Does KuCoin Token (KCS) Work?

KCS is a utility token of the KuCoin crypto exchange. It is an Ethereum-based token used for a variety of use cases, such as enabling trading fee discounts, paying trading fees, buying various non-blockchain products, purchasing new tokens during KuCoin-based token sales, and even offering governance rights to users who engage with the platform’s decentralized products.

There is also a buyback & burning mechanism in place that is supposed to cut the token’s total supply in half and ensure price growth as adoption and usability continue to grow. All in all, it is a native cryptocurrency of the KuCoin exchange that offers a lot of benefits useful to the platform’s users..

How to Buy KuCoin Token (KCS)

Currently, KuCoin Token (KCS) is available for purchase on the following exchanges.

KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens.  It is often the first to offer buying opportunities for new tokens.  USA Residents are Prohibited.

KuCoin Token (KCS) — The native, profit-sharing token of the KuCoin exchange

At first glance, KuCoin Token may seem like just another exchange cryptocurrency, but it is arguably one of the tokens that offer access to the most benefits for the platforms’ users. Plus, with KuCoin understanding the importance of decentralization, it may gain additional use cases if the project starts adding more DeFi capabilities down the road.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN,, Bitcoinist, and NewsBTC.