KuCoin is an exchange of crypto-currency, which was launched recently on September 15, 2017. KuCoin Shares, which is also designated by KCS, are exchanged on the KuCoin exchange. The process is very similar to what followed in case of Binance. When these cryptocurrencies are used, the users get discount on the fees of trading. When compared with other traditional exchanges, these exchanges are considered more user friendly, from an overall perspective.
KuCoin Shares (KCS) are decentralized crypto currencies that are issued as per ERC 20 token (Ethereum). These tokens can be bought directly from their exchange. Wide array of bonuses are offered, which includeslower trading fees, fees income, and other kinds of special services. Incentive bonuses are also offered by the exchange for improving involvement of the user. In fact, this is done in order to improve vitality of the exchange. It has been found out that the incentive bonus is equal to 50 per cent of the total charged trading fees.
There are 6 main features associated with Kucoin and they are –
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