KuCoin Shares (KCS)

KuCoin Shares is a coin issued by the cryptocurrency exchange platform, Kucoin. Similar to Binance Coins, users of Kucoin will be able to pay for the platform’s exchange fees at a discounted rate.

In addition to discounted transaction fees, holders of KCS will be awarded a Kucoin bonus. As detailed in Kucoin’s whitepaper, the amount of Kucoin bonus paid out to coin holders will be equal to half of the total fees charged by the Kucoin exchange.

News Source: TheCoinRepublic