KCS (KuCoin Token) is a platform coin issued by the KuCoin platform and is a hard coin with the unique ecosystem of KuCoin platform. The birth of KuCoin encouragement gold is a characteristic ecosystem that provides daily coin holding rewards for KCS users.

KCS Coin is a decentralized blockchain asset issued by Ethereum. It is an ERC 20 standard token based on the Ethereum blockchain.

1. Project introduction

The tokens issued by the KuCoin blockchain asset trading platform are KuCoin Token, referred to as "KCS", with a total issuance of constant 200 million, and after final destruction through repurchase, it is stable to 100 million. KCS Coin is a decentralized blockchain asset issued by Ethereum Ethereum. It is an ERC 20 standard token based on the Ethereum blockchain, supporting all Ethereum wallets.

The founding team of the Kubi Blockchain Asset Trading Platform began to conduct in-depth research on blockchain technology as early as 2011, and realized the technical architecture of the Kubi Trading Platform in 2013. In 2017, the Kubi team officially entered the field of blockchain asset trading service platform.

KuCoin Advantages
Operation strategy: Kubi will give most of the transaction platform's handling fee income to users, and will be used to pay rewards for high-quality users to trade, invest and recommend on Kubi platform. On the one hand, it attracts high-quality users to stay in the platform and generates more active transactions; on the other hand, through recommendation reward plans among users, the number of users and transaction volume of the platform is greatly increased.

High-performance pending engine: The trading system uses efficient memory matching technology accelerated by hardware. The peak pending speed exceeds 2 million orders/second, and the peak matching speed can reach 1 million orders/second.

Financial-level stability: The core trading system draws on the world's leading underlying financial system design scheme and adopts an advanced multi-layer and multi-cluster system architecture. From the traffic entrance for domain name analysis to the lowest-level core trading system and accounting system, all adopt the bank-level disaster recovery deployment method of two places, three centers, and many places to ensure that the system always operates stably in the event of any equipment failure or even natural disasters.

KCS function 
Enjoy platform transaction incentive funds in proportion:
50% of the handling fees incurred by the platform's daily blockchain asset transactions will be paid to the user accounts holding KCS on the platform to promote platform user participation and transaction activity, which is officially called encouragement funds. The incentive ratio will be gradually adjusted according to the development of the platform in the future.

The initial total KCS is 200 million, and the 100 million portion held by the team and Angel Investment will not participate in the calculation of the incentive funds, and during the official repurchase and destruction process, up to 100 million KCS will be guaranteed to participate in the incentive funds plan. In order to obtain the daily incentive funds, users need to custody KCS on the Kubi blockchain asset trading platform. The platform calculates and issues the KCS holdings of the user account at the same time at 00:00 (UTC +8) and the transaction fees generated by the platform on the previous day. The incentive funds obtained are directly settled to the balance of the corresponding currency account of the platform.

Enjoy a discount on handling rates on a prorated basis:
When the order is settled, the transaction fee of a certain amount of KCS is reduced by a certain proportion of the transaction fee for each account holding. The specific standards shall be subject to the platform announcement.

Other exclusive rights:
If you reach a certain amount of holding, you can enjoy the one-to-one investment consultant, quick customer service channel and other services of the Kubi Investment Team.

GAS as a decentralized trading system in the future:
The Kubi team is committed to the research and development of blockchain technology and will launch decentralized trading functions in the future. KCS will serve as the core fuel of this trading system.

Assignment method
According to the example of using ETH-BTC trading pairs in the white paper, the revenue forecast for 10,000 KCS holders is as follows:
Daily: 0.00015 BTC and 0.0238 ETH
Weekly: 0.0105 BTC and 0.16666 ETH
Monthly: 0.045 BTC and 0.714 ETH
Yearly: 0.5475 BTC and 8.687 ETH
Of the more than 200 trading pairs on the platform, this is just a trading pair, and all trading pairs will charge transaction fees, which will be allocated to user accounts according to the corresponding amounts specified by the official. Therefore, users holding KCS will receive dual cryptocurrencies from other transaction pair fees such as LTC/NEO.

2. Commentary

KCS (KuCoin Token) is a platform coin issued by the KuCoin platform and is a hard coin with the unique ecosystem of KuCoin platform. The birth of KuCoin encouragement gold is a characteristic ecosystem that provides daily coin holding rewards for KCS users.

Related links:
https://www.kcs.top/
https://bitmaxhelp.zendesk.com/hc/zh-cn/articles/360021505714-KuCoin-Shares-KCS-
https://coincentral.com/kucoin-shares-kcs/
https://www.kcs.top/news/categories/announcements