KCS Team Will Complete the 13th KCS Burn

KCS Team Will Complete the 13th KCS Burn

02/10/2021, 13:38:33

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Dear KCS Holders,

KCS team will execute the KCS buyback and burn for Q4 of 2020 on February 25, 2021. The estimated burning amount is 605,393 USDT, which is the highest of 2020. The team will start buying back at 18:00 on February 10, 2021 (UTC) and will announce the exact burning amount and TXID after the execution.

At the same time, the KCS team will launch the listing plan for major exchanges, with the aim to get listed on at least 5 exchanges in 2021. Otherwise, KCS Trading Zone on the KuCoin platform will be upgraded soon and more KCS trading pairs will be added to improve the liquidity of KCS.

About KCS

KCS is the key to the KCS ecosystem. KCS will also be the native asset for KuCoin’s decentralized financial services, as well as the governance token of the KuCoin Community. Holding KCS will allow users to enjoy privileges such as the daily KCS bonus and 20% trading fee discount.

Daily KCS Bonus

KuCoin will use 50% of all trading fees earned by KuCoin to buy KCS from the market and then redistribute the KCS back to all users who hold at least 6 KCS.

Pay Fees via KCS & Enjoy 20% Off

In Spot trade or Margin trade on KuCoin, users will be able to enjoy a 20% trading fee discount by enabling the "KCS Pay Fees" option on the trading page.

Thanks for your support!

The KCS Team

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