As we know it, many of our favourite crypto exchanges have their own unique native tokens. But the thing is, not everyone is familiar with the various ways these tokens can be used. As a result, some users might only use the exchange’s services without realizing the important role that the native token plays, which can be beneficial to them in the long run.
As you can see from the title, KCS is a token I would like to talk about in this blog. And for all KuCoin users out there who haven’t gotten their hands on any KCS, I’m honestly curious and have to ask: Why haven’t you started hodling KCS yet?
But If the reason you haven’t gotten your hands on KCS yet is because you’re still figuring out what it’s all about, that would make complete sense. Considering that the crypto space is not totally safe, being cautious with decisions is really important.
Given this, why not take a closer look at KCS and understand why it’s actually a smart move to start holding onto them right now?
Kcs Has a Big Ecosystem
One important thing to look at in a native token is its ecosystem. If it has a big ecosystem, it means it’s connected to many different things in the crypto world. As for KCS, Besides making a payment system for millions of users, this system can also work with many projects and be part of different things. It can be in the KuCoin exchange where people trade, get new coins, and do more. It can also be in the KCC system where people use different coins, lend money, and trade special digital things called NFTs.
This can lead to its value going up and more opportunities for the token to grow and succeed. If you would like to take a look at KCS Ecosystem, go here.
KCS Bonus Plan Exists
The KCS Bonus is this cool incentive set up for folks who hodl KCS and play a part in building up the KuCoin ecosystem. Trust me, it’s one of the smartest ways to rake in some extra bucks without doing much. As someone who maintains a minimum of 6 KCS tokens on the KuCoin platform, I have the opportunity to receive a daily bonus. This bonus is derived from 50% of KuCoin’s daily trading fee earnings.
The actual rewards I’m able to receive depend on how much KCS I own and how much trade is going on at the KuCoin Exchange.
KCS Is the Native Token of Kucoin
I mean, isn’t KuCoin one of the top exchanges, just after Binance? As a KuCoin user myself, I can confidently affirm that the advantages of hodling KCS are evident and the potential rewards are definitely worth considering. Moreover, KCS stands apart as a coin with an impressively steady trajectory, which is rather unusual in the volatile world of cryptocurrencies. Its consistent chart performance makes it a particularly appealing option for investment.
Now, as KuCoin’s anniversary approaches, there’s an even better reason to buy them right now. The celebration might bring more attention to KuCoin, which could make its tokens more valuable.