KuCoin is a Hong Kong based crypto asset exchange with a key focus on community involvement through various reward schemes. First announced in 2017, the exchange and trademarks are owned by Kucoin Co., Limited. KuCoin Shares is the ERC20 (Ethereum) token which is used to earn bonuses and reduce transaction fees on the exchange. Owners of KuCoin Shares earn a share of the total trading fees charged by the exchange. These bonuses pay out on a daily basis to users holding the shares on the exchange. Referral bonuses are given to users in the form of an even larger portion of the referred users’ transaction fees. Holding a large quantity of KuCoin Shares also comes with the added benefit of professional investment advice and more efficient support.
KuCoin Shares (KCS) can be bought through the KuCoin exchange. It is important to note that users holding their tokens in external wallets do not receive any bonuses.