What is Kucoin Token (KCS)? The KCS is the native token of Kucoin, launched in 2017 as a benefits sharing token to allow traders to get the value of the exchange platform. Emitted in the form of an ERC-20 token, it works on the Ethereum network and is supported by most Ethereum portfolios. The total KCS offer was set at 200 million. A buyout and destruction are planned until only 100 million kcs remain. Sooner or later, as this decentralized trading solution is launched, the KCS will be the native active in decentralized financial services in Kucoin, as well as the governance token of the Kucoin community in the future. Kucoin has announced that "giving power to kcs" will be Kucoin's priority. The KCS will be developed as a real product, rather than a simple token, which will not fail to diversify the advantages of having KCS. In the long term, KCS is the key to the entire Kucoin ecosystem. With the development of Dex and Kuchain, the KCS will also be the fuel and generic token for future Kucoin decentralized products. More details will soon be available.
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