What is KuCoin Shares Crypto Currency?A brief description of KuCoin Shares.
KCS is an Ethereum-based ERC20 token issued by the Kucoin Cryptocurrency Exchange. The token holders benefit from bonuses (50% of the total trading fees charged by the platform), trading fee discounts, and other special services.
KuCoin Shares Video
https://www.youtube.com/watch?v=5NolXWUOalQ
The purpose of KuCoin Shares
Holders of KuCoin Shares get a percentage of the daily profit that the exchange makes, this encourages trading on the platform as well as builts a sense of community.
KuCoin Shares Abstract
Known as Kucoin Shares or KCS for short, the token issued by Kucoin Cryptocurrency Exchange Platform maintains a total issuance volume of 200 million. After buy-back disposal, it will be a constant – 100 million. As a decentralized cryptocurrency issued on the basis of Ethereum, also a standard ERC 20 token based on Ethereum blockchain, KCS supports all the Ethereum wallets.
More information can be found in the KuCoin Shares whitepaper https://assets.kucoin.com/kucoin_whitepaper_en.pdf
Other KuCoin Shares facts
- Trading symbol: KCS
- Governance: Centralized > Flat
- Open source: Yes
- Product status: Fully working product
- Consensus method: Ethereum consensus (currently proof of work, will be proof of stake later on)
- Emmission rate: Deflation through token burning
- Transactions per second: Unfortunately we don’t have this data available.
- Total Supply: 181043076
- Release date: 2017-09-15
Usefull KuCoin Shares links
- KuCoin Shares’s Website
- KuCoin Shares pricing data & fundamental KuCoin Shares information
- KuCoin Shares’s Website
- KuCoin Shares official blog
- KuCoin Shares’s Bitcointalk Forum
- KuCoin Shares’s Reddit Forum
- KuCoin Shares’s block explorer
- KuCoin Shares’s Alexa site stats
- KuCoin Shares’s official forum: Unfortunately we don’t have this data available.
- KuCoin Shares’s Github code repository:
http://github.com/Kucoin/Docs - KuCoin Shares’s roadmap:
https://intro.kucoin.com/### - KuCoin Shares’s team page: https://intro.kucoin.com/
- KuCoin Shares’s whitepaper: https://assets.kucoin.com/kucoin_whitepaper_en.pdf