About KuCoin Token
KuCoin is an international cryptocurrency exchange based out of Seychelle that currently supports the trading of 250 digital assets. What’s unique about KuCoin is that they share 50% of their overall trading fee revenue with users holding their exchange-based token. In a similar fashion to Binance, KuCoin offers relatively low tradings fees and incentives for holding (or trading) its native cryptocurrency. Back in 2011, the founders started researching blockchain tech and went further to build the technical architecture for KuCoin in 2013. 4 years later, the exchange launched with the ultimate goal of “becoming one of the top 10 worldwide hottest exchange platform[s]” by 2019. As stated on their official website which lists 12 core members, “Kucoin aims at providing users digital asset transaction and exchange services which are even more safe and convenient, integrating premium assets worldwide, and constructing state of the art transaction platform”. CEO and founder, Michael Gam, is a former technical expert at Ant Financial, an affiliate company of the Chinese Alibaba Group. He was also a senior partner at Internet giants like MikeCRM and KF5.COM. OO, Eric Don, is referred to as a “senior Internet researcher, systems architect, and Internet industry star”. He is also stated to be the CTO and senior partner of IT companies including YOULIN.COM, KITEME, and REINOT. However, it’s unclear if these websites actually exist as they did not show in a Google search or when entering the website domains. According to his LinkedIn, he is currently CTO at Youlin Network Technologies, yet there is no mention of KITEME or REINOT. With its growing user base and increasing number of cryptocurrencies being offered, KuCoin may be set up for a strong run in the markets. KuCoin Shares volume is expected to grow as the daily trading volume on KuCoin, hence, trading fees collection grows & thus, the size of dividend payout grows. This can lure investors to hold KCS token which may even increase its value. KuCoin faces stiff competition from OKEx, but it expects to continue to grow its community exponentially as it is being projected to be one among the top 5 exchanges in the world.
Trading Insights
Searched
57
Market Stats
Market Cap
£1.14B
-0.24%
FDV
£1.78B
Circ. Supply
127M KCS
Max Supply
200M KCS
Total Supply
142M KCS
Diluted Valuation
£1.27B
Performance
Popularity
Not enough data
Dominance
0.04%
Volume (24H)
£4.63M
-19.9%
Volume (7D)
£29.94M
Volume (30D)
£154.26M
All time high
£18.34
Price Change (1Y)
21.42%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of KuCoin Token has increased by 0.08% in the last hour and decreased by 0.32% in the past 24 hours. KuCoin Token’s price has also risen by 4.14% in the past week. The current price is £8.92 per KCS with a 24-hour trading volume of £4.63M. Currently, KuCoin Token is valued at 51.35% below its all time high of £18.34. This all-time high was the highest price paid for KuCoin Token since its launch.
The current circulating supply of KuCoin Token is 127,467,221.782 KCS which means that KuCoin Token has as total market cap of £1,137,388,916.75.
Market details
KCS vs markets
↘ 27.42%
KCS vs BTC
↘ 31.07%
KCS vs ETH
↗ 18.94%
Tags
marketplace
centralized-exchange
discount-token
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0xf34960d9d60be18cC1D5Afc1A6F012A723a28811 |
Price history
Time | Price | Change |
---|---|---|
Today | £8.92 | ↘ 0.32% |
1 Day | £8.95 | ↘ 0.32% |
1 Week | £8.52 | ↗ 4.14% |
1 Month | £8.27 | ↗ 8.04% |
1 Year | £7.63 | ↗ 21.42% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
KuCoin is a cryptocurrency project built on the Ethereum ecosystem. KuCoin is dedicated to blockchain research and development and plans to release decentralized exchange (DEX) features in the future. In terms of KCS, it is the core fuel of this exchange system. KuCoin's encryption protocol seeks to ensure that user data and transfers within the system remain invisible to other users. A multi-cluster and multilayered architectural system are used to support multiple transactions simultaneously, aiming to ensure system stability.
KCS is the native token of the KuCoin ecosystem. KCS is an ERC-20 token based on the Ethereum blockchain, also compatible with all Ethereum wallets.
According to the whitepaper, KuCoin trading fees can be lowered by holding specific amounts of KCS in a Kucoin account when placing orders. Users of KCS holdings who reach certain levels seek to enjoy special services like one-on-one investment consultation, customer service Fast-Pass, and more.
Users who hold KCS in their accounts seek to be eligible for an incentive bonus of 50% of the platform's total trading fees to improve their involvement and the exchange's vitality.
The expenses of Kucoin are primarily for operation, promotion, and research and development:
Trading systems seek to adopt hardware-accelerated and highly efficient memory matching techniques with order-making peak values of 2 million+/second and order-processing peak values of 1 million+/second. Consequently, there is no delay or lag throughout the core order process when the market booms.
According to their storage size, there are multiple security levels of storage solutions available for wallets in the platform. This project seeks to store micro-withdrawal wallets in a private network architecture built on Amazon Web Services Cloud, aiming to incorporate a multilevel firewall that securely isolates security and privacy.
The KuCoin Exchange, headquartered in Singapore, was launched in September 2017. Michael Gan is the founder and CEO of the KuCoin project.
We update our KuCoin Token to GBP currency in real-time. Get the live price of KuCoin Token on Coinbase.
The current market cap of KuCoin Token is £1.14B. A high market cap implies that the asset is highly valued by the market.
The all-time high of KuCoin Token is £18.34. This all-time high is highest price paid for KuCoin Token since it was launched.
Over the last 24 hours, the trading volume of KuCoin Token is £4.63M.
Assets that have a similar market cap to KuCoin Token include Pump.fun, Pump.fun, First Digital USD, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of KuCoin Token is 127 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.