Cryptocurrency KCS is gaining tremendous popularity. For actual and potential customers, it has become more than just a way to store their own money on the exchange. KCS`s price is constantly growing. This demonstrates that there is a great demand for the coin and KuCoin wallets.

What is KuCoin Shares (KCS)?

KuCoin is a Hong Kong-based cryptocurrency exchange that allows for various digital currency transactions, trading over 300 pairs and exchanging some crypto-assets for others. It’s all within one full-featured platform, with services available to users from all over the world. KuCoin is relatively young in the cryptocurrency market: the exchange started operating in 2017. The model for creating a new trading platform was Binance, which KuCoin’s creators look up to. KuCoin has some similarities with its more famous «colleague», and is trying to repeat its success story. KuCoin began as a small exchange service called Kubi, which gradually transformed into a full-fledged cryptocurrency exchange, now operating on a global scale.

Where to get KuCoin Shares (KCS) Tokens?

KuCoin Shares (KCS) is an internal cryptocurrency of KuCoin Exchange, which can be bought by every registered user. Traders and investors can get passive income from it (KuCoin Shares cryptocurrency price steadily increases as the number of active traders on this exchange, who in turn buy these tokens to reduce commissions when trading) and some other bonuses and advantages (as on Binance exchange, internal tokens can be used to reduce the commission for trading in 2 times to 0.05% of the transaction). KuCoin Shares tokens are based on Ethereum (ERC20 tokens), so they can also be stored not only on the exchange but also in a non-custodial Sapien Wallet. The main advantage of KuCoin Shares (KCS) tokens is the opportunity to earn passive income from the KuCoin exchange, as half of its income from trading commissions is distributed by the exchange to KCS token holders on the exchange.