11/21/2024
BTC97,037.0
ETH3,107.91
USDT1.0
SOL238.28
BNB611.24
XRP1.11
DOGE0.385752
USDC1.0
BUSD0.996376

KuCoin (KCS) Price

KCS
4,8
$10.99
Market cap
1,321,532,503.0
Total volume
230,191
Circulating supply
120,257,114
Total supply
142,757,114
Hailing from Seychelle, KuCoin stands out as a global crypto exchange supporting over 250 digital currencies. What sets KuCoin apart is its policy of distributing 50% of its trading fee income among holders of its platform token. Echoing the approach of Binance, KuCoin boasts competitively low trading costs together with benefits for those who possess or trade in their proprietary digital currency. The journey towards the creation of KuCoin began in 2011 with the founders delving into blockchain technology, leading to the development of KuCoin's technical framework in 2013. Four years on, in 2017, the exchange was inaugurated with the ambitious aspiration to rank among the top 10 global exchange platforms by 2019.

As per the information on their official webpage, which introduces their 12 principal team members, "Kucoin is dedicated to furnishing users with services for digital asset transactions and exchanges that are more secure and straightforward, incorporating top-notch assets from across the globe, and piecing together a cutting-edge transaction platform”. The exchange's CEO and creator, Michael Gam, boasts a background as a technical specialist at Ant Financial, a subsidiary of China’s Alibaba Group. He has also held significant roles at web titans such as MikeCRM and KF5.COM. Another key figure, Eric Don, is celebrated as a top-tier internet researcher and system architect, and is dubbed an internet industry luminary. Despite mentions of his affiliations with IT ventures like YOULIN.COM, KITEME, and REINOT, these platforms don’t seem to be accessible via Google search or direct URL entry. His LinkedIn profile acknowledges him as the CTO of Youlin Network Technologies, with no reference to KITEME or REINOT.

With an expanding cadre of supporters and an ever-growing assortment of cryptocurrencies, KuCoin is on a trajectory for significant market presence. The expectation for an upsurge in KuCoin Shares stems from the anticipated increase in daily trading volumes on the exchange, which could elevate trading fee revenues and, by extension, dividend payouts. This potential for enhanced dividends might attract investors to keep KCS tokens, possibly elevating their market value. Despite facing robust competition from OKEx, KuCoin envisions amplifying its community base significantly, with projections placing it within the top 5 exchanges globally.
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