KCS

Grunblau

I was never verified but I did execute the trade. I might have been using a Germany VPN (Nord). I remember I had to try a couple times, but it worked but only trading to USDT (first I tried XLM). I converted SHIB and KCS to USDT.

Tallnate68

Currently, I moved my KCS to MetaMask, then swapped to pegged ETH and am trying to use a bridge to go from pegged ETH to regular ETH on the main net. The transactions keep failing so I keep tweaking gas fees and settings. Hopefully, I’ll figure out a solution.

timelesssmidgen

KCS is the kucoin community token, so there isn't a huge market outside of kucoin, but it looks like there might still be some options. As others have already mentioned, if it's possible to deal with it within Kucoin (by either selling it for usdt, or "converting" it (basically selling it with a built in convenience fee)) then that's the easiest. Depending on how locked down the account is this might not be possible (but double check to confirm, for a long time Kucoin was still allowing US account holders to sell tokens for USDT, just not buy tokens). If that doesn't work, the next best bet is to use a DEX. Which DEX? That might take some exploring on your part. On coin gecko (https://www.coingecko.com/en/coins/kucoin-shares) you can scroll down to "KuCoin markets" and see where it's bought and sold (assuming the site info is correct). It looks like "uniswap V3 (ethereum)" is on that list. You'll have to 1.) set up a wallet, 2.) transfer the KCS there (transfer using the ETH chain), 3.) transfer sufficient gas money of the correct currency (presumably ETH, but double check) 4.) connect your wallet to uniswap 5.) make the trade cautiously. Any KCS trading pair probably has low liquidity so you'll want to either set slippage controls or place a limit order (if uniswap allows this) to avoid the KCS price plummeting if your sell order is significant compared to liquidity.

Tallnate68

I did that with all of them except KCS Coin.

partymsl

Oh, right I got it. Tries it, and KCS plunges -10% in the exact moment I do this and then loses everything...

SmackAttackLondon

Came to say exactly this 👆. Found Kaspa 18 months ago when doing DD on the top 100 coins...found it to be one of the few performing well vs BTC. After researching as much about it as I can - particularly it's fair value launch, no VC funding and aggressive emission rate I bought into kas. It's still very early days as the post above aludes to no smart contracts yet, but 10 blocks per second is on test net and KCS20 protocol is due to get launched (again - first one had a few teething problems) soon.

Hsiang7

KCS was doing well until rumors about Kucoin going under due to the US KYC case made it drop off.

Hsiang7

Anyone else rapidly losing faith in alt coins? Seems like every single alt either goes to shit, or rumors will spread about the project and everyone rushes to cash out, crashing the price and contributes to the actual downfall of the project. Everyone is so reactionary in crypto..... Even though I've made gains of projects like Solana and ETH, the amount I've lost due to seemingly legitimate projects like Celsius and Luna pretty much cancels that out. Only BTC and SOL from my holdings have really recovered in this "bull run". ETH is somewhat recovered, but still nowhere near where it was last bull run. I had made a profit on KCS, but now with rumors about Kucoin going down circulating people are selling off in mass out of fear, pretty much wiping out my gains in KCS. The rest of my alts like VET, ADA and LINK have never recovered even back to even my average buy price, and I'm starting to doubt why ever will. Sold most of my alts at a loss now, and considering selling ADA too since I don't know if it will ever actually recover. Seems like only BTC is a good bet now.....

JollySno

Send 1 BTC, get 2 KCS

d4rkc4sm

Withdrew all my funds immediately upon hearing of the news, except KCS since it's useless outside of the exchange. I think they will do fine in the long-term as I did check their Proof of Reserves and looks to be in order. I've taken all my coins off all exchanges and placed them in my Ledger so all good.

TripleReward

They were good. Low fees, stable, customers never funds to them being hacked. Which already makes them one of the top exchanges. KCS was cool, when it yielded shitcoin dust, less cool, when it started only yielding kcs, and then this weird lockup stuff happened.

Ok_Mathematician2391

KCS is their token. Doing this helps keep some degree of faith in what will likely soon be a worthless token. There may be a ;10 million dollar airdrop but that token is already down 18% today. I think this is part of their exit strategy to be able to offload their own pile of kcs before the end. If it is then it will also probably end up with more charges for them.

ATTORQ

>To express our profound gratitude for your support and patience, **KuCoin will launch a special airdrop event totaling 10 million USD in KCS and BTC**.  Yes, for sure they are doing this. LOL

bluebird355

CRO/KCS, there was hype in 2022 but didn't sell :(

iamjide91

AI - OCEAN, FET, AGIX Dex/Cex - UNI, DAFI, BNB, KCS RWA - FIL, AIOZ

Mooncow027

I did say the same thing about buying BNB years ago, thought it was worthless. Same as KCS when it was $.50. You're probably right, it could be bad. The same could be said for buying BCH or DOT, anything could fail.

Sizododayladyyu

You're right, and I hope it will be adopted. I also believe exchange tokens like XTP, KCS, and CRO have promising futures given their utility in payments and long-term hold growth.

epicurusepicurus

Fuckkkk I have a ton of KCS that I was going to trade before 2/1 but I forgot my trading passcode, which is going to take 3 days to verify. Am I screwed?

iamjide91

I won't short any defi token right now, not until the peak of the bull market. UNI, AAVE, DAFI, and even CEX alternatives like BNB, KCS, & CRO all on the list for me. Wagmi.

inducedconfusion

The specific token I’m talking about is PT, it’s phemex’s exchange token which just launched, so from here the APR will rapidly decrease as the circulation increases. Also used for exchange fees, so very similar to BNB and KCS. And what is Goal Seek? is it an outline I can find in excel and is it capable of factoring in the gas fees?

LargeSnorlax

What's to discuss? It's a centralized exchange coin. No one wants to talk about OKB or KCS either, there's nothing to talk about. There's no new tech or developments, or even anything that could be interesting, a centralized company made it out of thin air and prints money.

newbiereddi

I can vouch for it but for US residents you cannot trade there anymore. You can only close out your positions. I have had it for 2 years now and good money on KCS (daily bonus).

Revolutionary-Fan236

Binance got fucked, Coinbase stock pumped 40% since that and KCS/Bybit/others are not really options for “crypto exchange tokens” CRO is the best token so far from that niche from a risk reward ratio

RiceDogo

I'd look at CMC and diversify based on cap and category (macrosearch). It doesn't make sense to me to stay in just one category if I wanted to truly diversify. Maybe KCS, CFG, SEI, or XMR since you already have SOL and each of them are another category and have lesser caps? Or get some of the competitors if you want to diversify in the same category. If the category goes up, you have a better chance of riding the wave and damping the fall. Each category has something promising, and none can forecast the future. Those who say they can or slyly hint they can, are full of BS. Seek out your interests, seek out the information, and put yourself behind your own decision without wither and doubt.

timelesssmidgen

KuCoin KCS price manipulation is going on right now. Look at the order book right now if you can. The price is being artificially held at 6.167. probably letting insiders stock up for the burning drop

prive8

KCS fuck u kucoin

Lookralphsbak

I just withdrew a bunch of coins to my ledger (gala, doge elon, and sand) with no issues. My positions on those coins were low but the fees were pretty bad, for instance I had 750ish gala but it cost me a little over 250 gala to withdraw, I now have under 500 gala left. The only coins I still have on KCS are the ones I'm staking or are in savings still lol. I'm still collecting my KCS daily bonus lol. I'll unstake and withdraw everything in the next bullrun as I have no interest in holding any coins outside of btc, eth, ltc, ada, Matic, and MAYBE solana.

Grunblau

KCS on its way. Kucoin exchange token.

unripe_sorcery

KCS has been free falling for weeks, way more than other CEX tokens like BNB. Seeing nothing about Kucoin in the news, I’m wondering what’s happening

Options_N_DeeKosh

Yup, all CEX were. Take a look at KCS, BNB, etc

TripleReward

I bought COSS and KCS. Well... COSS failed and then exit scammed, Kucoin is still there.

Mooncow027

From what I know at least, Kucoin seems in good shape. Always posting proof of reserve and with making KCS mandatory is playing well with strict standards of countries.

forgotmypassword4714

I just checked and they accept all kinds of USDT, one of the options even says "USDT Tether USD KCS (kucoin)"- is that what you're looking for? If so it's ChangeNow.io (not com).

Xero-Max

I'm pretty sure that BNB, TRX and KCS will perform well in the next bull phase. Add Sol and you have a winning portfolio.

Mooncow027

BTC would have to 5x to get a house for most people. Make sure to look at coins that have or would have better returns than BTC. Look at KCS for example, because it's an exchange coin it raises when BTC does and follows it's ATHs. Full disclosure: I have no KCS but noticed the trend.

amaqinisohe

You've got a good list, i got a few from here on my list to like Matic, and few others like ETH, INJ, KCS, ARB and SYLO. which my are now my best bet for the next bull run.

Spy-_-C

Nervous about kucoin. Requiring kyc is gonna do it a lot of damage. And once further regulation starts to happen, a lot of people will likely leave in droves. I liked the bot for a bit, but with all the issues they already had with futures, avoided it like the plague. CEO used to be really active in the subreddit, then vanished. KCS tokens used to be a good ROI, but it's been <2% for a long time I hope they stick around cuz they have a ton of shit coins to pick from, but it's just not that attractive of an exchange anymore.

ersleid

You can view KCS info page on Coingecko, then switch to "markets" tab. It will show a list of possible CEX/DEXs that has any trading pair containing KCS. After looking at the list, the only other exchange I know there beside Kucoin themselves is MEXC.

Grunblau

Reminder to sell KCS if you haven’t, already.

pantaloonsss

In light of KuCoin going compulsory KYC in mid-July, are there any reputable CEX (either KYC or non-KYC) or DEX that allows trading of KCS (KuCoin shares/coin) for US users?

Lookralphsbak

I've learned that I'm not an expert and I don't have an exit strategy (for my crypto) so while I might gamble some alts, 30% of my portfolio is btc, 25% of my portfolio is eth, and 20% of my portfolio is ltc, these are assets I'm comfortable keeping my wealth in. The remaining 25% of my portfolio is a gamble. Coins like cardano, Solana, etc, KCS, Mana, Matic, I'm hoping they become blue-chips one day, but we have to see them survive more winters. The rest of the shit like shib and Elon are just what if scenarios where maybe they can eat a few zeroes and I've turned a few hundred dollars into a few thousand

timelesssmidgen

There's a KCS burn campaign at KuCoin today from 20:00 to 02:00 tomorrow morning. Wondering if it could give some short term upswing to KCS. Tempting to buy a little since I already use KuCoin

Aheuhue

Don't leverage on Kucoin. That's it. I am planning to hold some KCS and a few specific alts once bitcoin season is over.

Ectophial1

Shorting KCS it is then

crua9

For anyone holding off selling their KCS (kucoin) I just got word back from them. They aren't planning on ever allowing the USA to use them I wanted to make sure before selling off because I like the rewards feature, but at the same time I'm in the red with that one.

crua9

I sent them a message, but I think we all know what will happen. I wanted to get an answer from them before I sell my KCS.

Lookralphsbak

Yep! I bought basically all of it between $5 and $8, so I'm either down a little bit, up a little bit, or neutral. I'm pissed bc I'm staking 6 KCS because that's all they let me stake before it sold out haha. But I've made around $40 in daily bonus KCS, so that's cool.

zachuwf

I’ve been holding KCS for a long time, but think it has huge potential in the next bull run. Sounds like you have KCS too and am holding?

3utt5lut

Problem is that you have to buy their crypto. It's just like holding BNB or KCS (KuCoin) or CRO, to get a boosted return for holding an otherwise useless cryptocurrency. When you buy their token, it increases in value, regardless if you sell it immediately or not. You're providing liquidity to that market, which causes the price to increase.

BigLongFootDoctor

KuCoin based out Seychelles islands, no jurs*dick*tion. If Binance takes any hits, Kucoin and KCS has a lot to gain. Ride or die am going either to the moon or fiery inferno with this exchange.

ersleid

It's the same as with other "shady exchange" tokens (Kucoin's KCS, Gateio's GT, CoinEx's CET). It gives you discounts in trading fees if you opt to use that, and qualifies you for some "airdrops" You have to lock a certain amount of MX tokens (around 1k, I think?) for like a month to qualify for a bunch of obscure shitcoin airdrops. It began pumping when a lot of airdrops started appearing in quick succession. But it's price action is bad near the end last year, when I didn't notice any airdrops happening. If you're willing to lock your funds to an exchange coin for a month, then best of luck to you.

CoomWillBeMyDoom

Monero (XMR) Litecoin (LTC) Polygon (MATIC) Kucoin (KCS)

Mooncow027

1200 KCS on Kucoin nets you $0.30/day. Unless you got $100k it's not super easy. Best to buy KCS and hope it triples. Better yet, I like ETH staking.

WeifsKexneinaes

Dividend-paying tokens are cryptocurrencies or tokens that distribute regular dividends or income to their token holders. These dividends are typically derived from the profits, revenues, or fees generated by the underlying project or platform. Token holders are rewarded with a portion of these earnings based on their token ownership. e.g NEO and KuCoin shares (KCS)

Mooncow027

KCS from Kucoin. Hold as little as 6 to get 'dividends'. I have some not for the small amount of daily gains but because the price of the token tends to increase when they have decent IEO's and Burn Drops.

Knotley-Hunt-Brick

Kucoin was my first ever exchange KCS were over $25 back then. Good times. Now it seem losing market shares.

zachuwf

KCS gang!

Knotley-Hunt-Brick

KCS been free falling in bigger time frame. I remember it was being like $25.

cryptokingmylo

KCS kucoins native token pays out a share of trading fees every day. Currently paying about 1.5% but gets pretty decent during during bull runs. But they have thier own smart contract like BNB which you actually get a higher yeild staking from the defi fees. About 3%

torontoglutton

Me too lol. Thought KCS would moon

bwoksa

You can convert that very little amount of coin to the exchanges’ coin and add up together ( example kucoin let’s you convert all dust coins to KCS , CRO on crypto.com , GT for gate.io

Hoondini

UNI or KCS. I think the already established exchanges are going to pop off during the next bull run

coinmarshal

It's wrong, for example Kucoin KCS reached its ATH $28.83, on Dec 01, 2021

C01n_sh1LL

So... KCS then?

Liarus_

I hope to not see exchange coins there anymore: Such as BNB, LEO, OKB, CRO, KCS, GT, HT

Hsiang7

>Their coin is basically the same as ftx Not the same. KCS gives out dividends which are a percentage of the trading fees generated on the Kucoin exchange as rewards for holding KCS and offers a discount on trading fees if you pay using KCS, which then gets redistributed with dividends. It's not the same as FTX which relied on staking and collateral pools.

diomediocre

Basically all of them? If you're familiar with the blockchain trilemma, a lot of new chains recognize Ethereum's and Bitcoin's scalability issues early on and focused hard on that, at the concession of decentralization mostly. Most of Ethereum's L2's are highly centralized/not real L2s yet, chain that use Tendermint consensus have small validator sets by default and some even go smaller than necessary (Cosmos, BSC, Polygon), Cardano uses a very unique programming language and coin tracking model that makes it hard to make scalable smart transactions on (eUTXO), XRP has its SEC issue and Ripple dependency/steady unlocks with a consensus model that requires a high consensus rate, DOGE has a number of really weird whale numbers despite being the people's currency, TRON is even more centralized than BSC and basically owned by Justin Sun, Polkadot's rent mechanism is hard for genuine small teams to get past, Avalanche has some very interesting technical views for distributed systems with its chief team members that are far from the standard, XLM, ICP, APT, and most exchange chains like OKB, CRO, LEO, KCS are pretty hyper centralized whether by wallet, control, or validators. Hedera is largely owned by corporations, Algorand has a borked governance model, Fantom had unworkable governance till recently as a large number of validators wouldn't vote, etc. Honestly almost all chains have significant issues you can find if you dig into them. Bitcoin, Ethereum, Monero, and Litecoin are generally the most accepted as "their issues are easily visible but they're still decentralized enough to be secure and function". This isn't to say don't look into other stuff, you literally can't start decentralized, but it's important to be critical and aware of concessions and weaknesses in what you put money into.

BulletToothFTW

Yep this is one thing I don't understand, why doesn't crypto.com have paying fees in app and exchange in CRO as a option to opt in on or if you hold CRO get a discounted fee when paying fees in CRO. Something similar to KCS on KuCoin? Feels like a missed opportunity to me.

tvanborm

On KuCoin you can convert to KCS. Depending on the amount you can trade/stake them. It won’t have much use, but may be more interesting than waiting for your leftovers to be worth more than the fees.

Kumomax1911

>I'm currently considering dumping ONE, FTM, KCS, VRA , CRO , and AIOZ &#x200B; 100%

bny192677

>I own One, Dot, Sand, Rune, FTM, KCS, HBAR, UOS, UFO and a bit of VRA, AIOZ, CRO. During this bear market, I have been DCAing into Azero, Matic , Metis, Near, KDA and LDO. Bro owns everything

dcur3

Mom the kucoin FUD is back! time to buy KCS!! grab the wallet!

Jaythiest

Ouch my friend. I use a bit to Scalp trade and started with CB Pro but the 1% Maker/Taker fee made scalping very difficult. And that was trading on their pro platform. If your reading strait on CB, then you are paying the 1% Fee PLUS I think a 1.99% CB Fee. Now they have ditched CB Pro and added Advanced but still the 1% there and still the 1.99% if you don’t use advanced for the trade. Then their $30 subscription for No fees is only good if you trade over $3000 worth and I think the “no fee” has a cap as well. I went to KuCoin for 0.1% maker/taker fees which get reduced to 0.08 if you use KCS to pay fees. Binance.US basically the same. I chose KuCoin cuz Binance minimum trade was $10 vs KuCoins $3. I still use CB in order to get FIAT into the system but then send it all to KuCoin after I convert it to crypto to trade. Would gladly send you a referral link to KC or B.us

RecommendationUsed31

I dropped Binance like a hot potato a few years back after the shenanigans they pulled with a few coins I bought. I tried to move them Binance and was unable to do so for a month. This was when they were not allowing Vet, Zil and One to be taken off their platform. It cost me a fair amount of money and since then I have only used Coinbase or Kucoin as my launch point. I have never had an issue with either place and they have always done what I wanted. That being said, I only use the coinbase debit card and have maybe 50 bucks on kucoin in KCS for transactions. Everything else is held by me

cryptokingmylo

I think any exchange token that survives into the next bull run will do pretty well. CRO, BNB, KCS, etc

_tweedie

Can somebody please send me some KCS dust to 🙏🤞 0xEeD2F5Ba5Fa0bE312dfe82C22F868F597D1942Ce So I can get my eth out of metamask. I sent it to the wrong chain from Kucoin. I'm regarded

TripleReward

Better to be swinging with the market... Look at KCS, where they have a huge fcking buywall and obvious price manipulation that prevents the token to do its swing.

TripleReward

look at KCS. they have a 30k buywall to hold their price up...

snarfold

KCS is just another CEX scam air token

genjitenji

That is an interesting theory. There’s been a ton of demand for coins like BNB, KCS, FTT etc. in the past and now that demand will need to go somewhere else BNB possibly being an exception due to having its own chain. Heck, I think TWT’s leading rise is due to its association with BNB and Binance customers choosing TW to move away from CEX to interact with BNB.

pantaloonsss

I have a small amount of KCS on my KuCoin account. I believe in the coin and if KuCoin disables withdrawals and goes into bankruptcy, my KCS stake will go to zero anyway.

T2LV

You guys aren’t thinking big enough. KCS is the future! That’s how you make all your money back from FTT!

dcur3

slander on kucoin is real today. lmao just keep fueling the FUD. KCS = cheaper

Samuravi

What exchanges don't have their own token? Binance has BNB, FTX had FTT, OKX has OKB, CDC has CRO, Kucoin has KCS... Oh, I guess Coinbase/Kraken/Bybit don't have any.

devilldog

KCS maybe. After the FTX fiasco Kucoin has come out surprisingly unscathed (for now).

halh0ff

They also have trading fee reduction if you have kcs as well. Two great reasons for holding KCS. I'm not saying kucoin is perfect but them having a lot of KCS makes sense.

halh0ff

Also trading fee discounts from having KCS incentivizes people to hold kcs.

StackerNoob

This story aside, Kucoin is one of the more OG exchanges and easily survived the bear market of 2018-2020. KCS went down to 49c at one point, around the time BTC dipped to 2k. They’re fine.

Harold_Kensington

It fluctuates depending on the market, last year during the bull it was really nice probably around 10% on average maybe a bit higher. Now it’s around 2%. It’s bc it’s based on the volume and trading fees generated on the platform, there’s a calculator you can use to estimate it. KuCoin pays out 50% of the fees the platform generates in the form of KCS to KCS holders if you are holding atleast 6 KCS tokens. Also Holding KCS tokens gives you discounted trading fees when using KuCoin, I believe in KuCoin so it’s been a great hold for me.

Harold_Kensington

Exactly!! And ppl still can’t understand the difference between KCS and FTT. KCS you can literally calculate the APY based on trading fees and volume and it is never some wild % yield. Also KuCoin showing the tokens exist and are held with them plus they’re fixed supply and deflationary. So annoying these casuals comparing EVERYTHING to FTX now… is it so hard to think just a little bit?

FatCryptoBear

Not surprised at the KCS holding. It's the gateway token into their KCC network so anyone interfacing with that chain usually holds a good chunk of KCS.

Harold_Kensington

No but again expand on that and you’ll answer your own concern. What parallel is being drawn? If so it’s incorrect.. bc FTX was totally different and I explained the reason for the KCS which is actually a positive thing to see, it means KuCoin is liquid bc they are literally showing they have the liquidity hahaha. Then having user funds shows they aren’t gambling with user funds and they aren’t over leveraged so they can’t be subject to a bank run. I mean everyone can all sell KCS but they would still have the asset it would just not be worth the same amount.. so I really don’t see your point and yeah they’re drawing a parallel that doesn’t mean it’s correct because clearly they are similar to you a little confused on the logistics and rather than try and rationalize it and understand the differences you panic. This is the largest issue with the crypto space atm.

Ferdo306

What they are also questioning is the liquidity of KCS and are drawing a parallel to FTX Them supposedly having users funds doesn't guarantee that they won't go belly up

CoverYourMaskHoles

How else would they get KCS to go up to 20$ every bull run… The amazing thing is there’s only like 145mil tokens so it shows that if they weren’t holding it, that token would be in the absolute shitter… i bought a ton of it when it was under a dollar, but sold at $1.50. Just too much of a risk for me. I wasn’t going to hold to $20. Even if I suspected it might go there.

Harold_Kensington

Well no it’s not, first understand the logistics around KCS and why customers hold it on exchange please. I think if everyone starts making this a habit it will mature crypto much quicker.

Harold_Kensington

Risk what? That they hold their customers assets? Let’s make this space an industry where we educate ourselves before making decisions or coming to conclusions. Many KuCoin users hold KCS on exchange to earn the bonus this is why you see that. And good to see they actually have the funds.

Harold_Kensington

This is why ppl like you get rekt and lose everything in this space. You lack critical thinking skills and attention span that will allow you to know the details of what you’re talking about before making decisions. KCS is mostly held on exchange by retail holders bc you get paid a bonus from the trading fees if you hold on the exchange, so it makes sense and is perfectly fine that they have this much in KCS. But you don’t go that far into it right you just see a title on Reddit and make a financial decision right? Bc it’s only your money right? Why take the time to think? This space is polluted with idiots.

Harold_Kensington

Most likely is I hold substantial KCS and keep is on the exhange because you make passive income from holding it based off the platforms trading fees. Pretty much everyone on KuCoin is going to be holding KCS on the exchange and with good reason.. great way to earn passive income and there is plenty of calculations to see how the bonus is deciphered from fees generated. Nothing sketchy about it.

coinfeeds-bot

tldr; KuCoin holds nearly one-fifth of its reserves in KCS, its own exchange token. FTX’s collapse shows that it is a bad idea for exchanges to sit on vast stashes of their tokens. The collapse also shows the danger of a rival exchange holding a considerable sum of another exchange’ *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

BlubberWall

Kucoin also heavily incentivizes users to hold KCS on platform with there daily payouts. I’m curious how much of that 1/5th is actually from users holding it directly