KuCoin Shares (KCS) is the native cryptocurrency of Kucoin. KuCoin accommodates more than 300 trading pairs. The platform originated in Hong Kong, and it gained popularity by virtue of the ranges of trading pairs it offers.
The exchange has the most advanced API in the market. Kucoin Shares (KCS) provides its holders with crypto dividends on a daily basis. The exchange system facilitates getting trade discounts and lower withdrawal fees than what is considered to be nominal charges. The token holders get benefits like exclusive promotional offers and rewards for exchange transactions.
Kucoin Shares tends to list lesser-known, small-cap cryptos, thus listing a large selection of Altcoins with profit-sharing incentives, which are appealing. Eventually, 90% of the trading fees go back to the KuCoin community by way of the KuCoin Shares (KCS) tokens.
Sydney Ifergan, the Crypto Expert, tweeted: “KuCoin Shares (KCS) know that decent amounts of growth are happening in the altcoin space. This is why they list small-cap tokens facilitating the growth of smaller crypto ecosystems.”
Johnny Lyu on PoS and KuCoin Shares
Johnny Lyu, the co-founder of the KuCoin Shares, when talking about Ethereum 2.0 (ETH 2.0), will attract its capability to attract interest in the staking industry, when compared to Bitcoin halving. He opined that staking would increase the spirit of the ongoing PoS projects at KuCoin Shares.
The staking economy is considered to facilitate inauspicious liquidity, and it will be compensated by the reinstatement of innovative and advanced projects.
The soft-staking, currency bearing, and interest-bearing service facilitated by the industry without the need to lock positions and to enhance the free trade and cash flow.
The mainstream staking market currently produces an assured yield of 12%, and it is expected to have an increment of 6 to 8 billion dollars.
KuCoin Shares lot of transactions happening
Michael Gan, CEO, and co-founder of the KuCoin Exchange has been recently talking about Expansion plans. KuCoin Shares is known as the people’s exchange. There are a lot of transactions happening, and they are probably traveling to the moon. As the number of users increases, the revenue increases correspondingly as well.
KuCoin Shares identifies the best cryptocurrency projects in the industry, and they do not discriminate between small-cap and big market cap tokens. All they look in to is the efficiency of the token. If a token is listed in KuCoin Shares, it means there are some best projects associated with that particular token network.
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