KuCoin - Could it be the next Coinbase

KuCoin (KCS)

What is KuCoin?

KuCoin is a centralized crypto exchange based in Seychelles. The KuCoin token can be used to pay for fees in the exchange and to get staking rewards.

Why does KuCoin have value?

The KCS token bonus program offers daily rewards to users who hold it in the platform. It can also be used to pay for fees in the exchange reducing costs up to 20%. KuCoin does a great job of listing many assets that aren’t available on other exchanges. They list over 600 different coins within their platform.

What are the benefits of KuCoin’s token?

●       Stakers get rewarded daily with more coins.

●       Huge growth in the ecosystem and the token price.

●       Users pay lower fees when using it.

What are the disadvantages of KuCoin’s token?

●       Low trading volume and options for some digital assets.

●       Centralized entity that may face regulation

What are KCS’ tokenomics?

The maximum supply of KCS when it launched was 200 million. Over time, the exchange buys back tokens and burns them every quarter to reduce circulating supply.

Who founded KuCoin?

The KuCoin exchange was founded by Eric Don, Jack Zhu, John Lee, Kent Li, and Linda Lin.

Who are KuCoin’s investors?

KuCoin has conducted one funding round, where it raised $20 million. The main investors are Karnika Yashwant, Matrix Partners, IDG Capital, and NEO Global Capital.

Concise Crypto Grade:

B+  :We like that KuCoin offers a variety of up-and-coming digital assets and that you can use the KCS token to save on fees and earn staking rewards. While the KuCoin exchange is not available to U.S. residents (it is available in 205 other countries) we believe in time, with future regulation, KuCoin should be allowed to operate in the U.S. and to provide great flexibility for crypto fans that want to buy different tokens. They have strong customer support and treat their employees very well. We see high upside growth in the future. **Not financial advice.

Where can I buy KCS?

KuCoin, AscendEX, ProBit Global, Uniswap.

What ecosystem does KuCoin run on?

KuCoin