What is Kucoin Token?
If regularly trading Bitcoin or other altcoin, you may familiar with Kucoin crypto exchange platform. so, Kucoin also launches their own native token called as Kucoin Token with ticker symbol KCS, however, KCS stands for its previous name i.e., Kucoin Shares. KCS was launched in 2017 with aim of sharing growth of exchange with active traders or platform users. Kucoin Token is based on ERC-20 token standard built on Ethereum Blockchain.
We know almost every trading platform has launched their own native token in order to offer discount of transaction fees, staking rewards and other benefit on the platform. so, KCS will be having similar, where user will be getting 20% off on every trade on platform, along other staking and daily bonus for KCS token holder. Kucoin start accepting IEO of crypto project, where KCS holder will able to buy new project token at lowest possible price.
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Kucoin’s Decentralized services will be launching soon, however being native asset KCS will playing major in that also. Kucoin Token will also help user to participate in governance program that means Kucoin CEX will governed by community.
Kucoin Token Price Prediction
|Month & Year||KCS Price Prediction|
|Ticker Symbol||Kucoin Token (KCS)|
|Exchange Platform||Kucoin, Probit Exchange|
KCS ICO Overview
|Date of ICO||1st September 2017|
|ICO Price||$0.25 USD|
|Partners||Newscrypto, Onchain, Poloniex.|
Kucoin Token Price Analysis
Kucoin token breaks long $10 USD resistance level, as KCS again makes entry into top 100 Crypto Project. Kucoin recently hosted two big IEO of crypto project including Polkadex and Labs group, as Spotlight token listing has condition of holding KCS token, however many interest people purchase tokens that help kucoin price to grow. Kucoin announces for more project in coming days and that gaining attention from user and newer investor joining platform.
KCS was one the oldest exchange token which was launched back in 2017, where it crosses $5 USD mark in bullish trend. however, KCS loses momentum after big crash of crypto market, where KCS prices was trading with neutral trend at average price of $1.5 USD. on 16th march 2021, Kucoin decided to burn KCS token 160k token by adjusting buyback and burn program for each quarter to each month. Kucoin schedule more burn program that could pushes KCS price upwards that help increase more hodler.
How Much KCS Worth in 2030?
If Kucoin continues being under top trading platform then KCS Price will be crossing $150 USD mark.
Is Kucoin Token a Good Investment?
We will recommend to buy KCS on kucoin official portal, as it provides weekly, monthly APR along with discount on trading.
Kucoin as of writing is 5th biggest centralized exchange platform with almost $2.5 Billion daily market volume. Kucoin got 8.2 rating out of 10 from CoinMarketCap, as currently serving more than 13 million active users. Kucoin Token definitely having great future ahead for being top Exchange based token. Kucoin IEO launchpad could be game changer, as we know people started taking more interest for pre-sale of any new project. however, Kucoin token holder and staking number is growing with that bullish sentiment continues. Kucoin will be definitely being under top 10 exchange and with DeFi move could be the bonus for project.