KCS coin is a platform token promoted by Kucoin blockchain asset trading platform. Its Full English name is Kucoin Shares, also known as library coin. The total supply is constant at 200 million and will never be issued. Meanwhile, KCS coin is also a decentralized blockchain asset issued on The basis of Ethereum, which is the ERC-20 standard token based on the Ethereum blockchain. The Kucoin platform uses KCS coins ina similar way to Binance. When users use Kucoin tokens, they can get a discount on transaction fees. The birth of Kucoin incentive gold is a featured ecosystem that provides daily currency holding rewards for KCS holders.

Kucoin aims to provide users with more secure and convenient blockchain asset trading and exchange services, aggregate global high-quality blockchain assets, and strive to build a world-class blockchain asset trading platform.

Since the beginning of 2021, KuCoin's business has grown much faster than the same period in previous years. Data shows that the registered users of KuCoin platform have exceeded 8 million, and the cumulative transaction volume has exceeded 190 billion DOLLARS. "KuCoin has experienced explosive growth," CEO Johnny Lyu said recently. "In the first quarter of this year, KuCoin saw a 465% increase in transaction volume and a 574% increase in user additions from the fourth quarter of last year." Overall market demand is strong.

The trading system uses a hardware-accelerated efficient memory matching technology, with a peak order speed of more than 2 million orders per second and a peak matching speed of up to 1 million orders per second.

KuCoin realized its project by creating an exchange that allows users to earn dividends. KuCoin Shares is a blockchain ERC20 standard token issued based on Ethereum. The total amount of issuance was constant at 200 million, and eventually stabilized at 100 million after repo destruction.

KCS is a platform token, and the main application scenario is still applied on KuCoin platform

High performance order engine: the trading system uses high efficiency memory matching technology with hardware acceleration, and the peak order speed is more than 2 million orders per second, and the peak matching speed can reach 1 million orders per second.

Core trading system from the bottom layer of the world's leading financial system design scheme, adopt the advanced multilayer, many of the cluster system architecture, from the DNS traffic entrance to the bottom of the core trading system, accounting system adopts a dual three central bank level much more disaster of deployment, security in case of any equipment failure or natural disaster, The system always runs stably.

The repo mechanism, with an initial issue of 200 million, will destroy half of the total issue (100 million).

The highlights of its flat Taiwan project: 1. 50% of the daily transaction fee of all blockchain assets will be issued to the user account holding KCS within the platform. Enjoy a pro rata discount on the processing rate. When a transaction is made on the KUCOIN trading platform, each amount of KCS held in the account can reduce the transaction commission by a certain percentage.

The vast majority of the transaction fee income of the trading platform will be transferred to users, which will be used to reward high-quality users for trading, investment and recommendation on the Bitcoin platform. On the one hand, it attracts quality users to stay on the platform and generate more active transactions. On the other hand, the number of users and trading volume of the platform will be greatly increased through the recommendation and reward plan among users.

The coin platform has a general popularity and belongs to the second and third echelon in the platform lineup. Its competitors are mainly concentrated in the second tier platforms.

KCS is low-key and responsible. It does not support the project side and strictly controls the currency launching mechanism. When each project is finally traded online, it has to go through the strict examination of the platform's multi-level system, which ensures the quality of the currency traded online on KuCoin platform. KCS team has strong technical strength, which is highly valued by many venture capital. Well-known investment institutions such as IDG and Jingwei have participated in Kucoin's A-round financing, so Kucoin's development will not have financial concerns. Exchange now many, however, will find their own tokens, the pressure of competition, less its online exchange, circulation will be affected, affect its value, once KCS also reached one hundred times the currency, the highest 147 yuan, because of the influence of the environment at present also has 7 yuan, overall can also, how about the development of the future will see how the decision

Cool currency, in the heat of the trading platform has been belonging to tepid (another word is low-key), positioning, then calculate 3 line platform. But overall, there have been no major safety issues or scandals since the operation, which is good. KCS, as its normal currency, takes out 50% of the profit distribution every day, which is obviously attractive compared to other platforms weekly or longer. In addition, the platform plans decentralized exchange in the future. KCS is equivalent to GAS, which is the potential value. Recently, with the advent of IEO boom, Kubi has not been outdone, launching Spoltlight, a Launchpad similar to Binance, and KCS has also increased by more than 2 times during this period. The first project is MTV, but whether its profit effect is as bright as Binance and Huobi is still unknown. Once it fails to meet market expectations, The current price of KCS may be on the high side in the short term. Participants need to pay attention to the risks.

1 the popularity is not good, the publicity is not enough, many people in China do not know the currency. 2. Low trading volume. Trading volume and trading volume are the lifeblood of the exchange. 3. Compared with Huobi, Binance and OKex, The ecological layout of Kubicin is far inferior to them, and at present, Kubicin has no public chain plan.

1. There are many global users. Currently, 5 million registered users come from more than 100 countries and regions around the world. With a strong focus on user experience, KuCoin is the first exchange in the world to support 12 languages. 3. Coin has been operating in compliance since its inception. The company also upholds good values and competes with long-term goals. 4 High performance single engine, financial stability, bank-level system security, capital security, multi-currency support and efficient customer service.