KuCoin KCS (KuCoin Shares) is a cryptocurrency created by the KuCoin exchange in 2017. The KuCoin exchange was founded by a group of blockchain enthusiasts who had previous experience working with established cryptocurrency exchanges. The aim of KuCoin was to create an exchange that was fast, secure, and user-friendly.

KCS is an ERC-20 token, which means it is built on the Ethereum blockchain. This makes it easy to store and use for people who are already familiar with Ethereum and other Ethereum-based cryptocurrencies. KCS has a total supply of 170 million tokens, with a circulating supply that fluctuates based on burning events. KuCoin uses a portion of its profits to buy back KCS and burn them, reducing the total supply and increasing the value of the remaining tokens.

KCS has several features that make it useful for KuCoin users. The most prominent feature is the discount on trading fees that KCS holders receive. The more KCS a user holds, the greater the discount they receive on trading fees. In addition, KuCoin regularly distributes bonuses to KCS holders based on the amount of KCS they hold. The more KCS a user holds, the greater the bonus they receive. KuCoin also uses KCS to fund various community events and activities, which gives KCS holders a chance to participate and earn additional rewards.

Over the years, KuCoin has made several updates and improvements to KCS. For example, they introduced KCS lockup and KCS soft staking programs. KCS lockup allows users to earn additional rewards for holding KCS for a certain period of time. The longer a user holds their KCS, the greater the reward they receive. KCS soft staking is another way for users to earn additional rewards for holding KCS. Users who hold their KCS on the KuCoin exchange can earn a portion of the exchange's trading fees, which are distributed to KCS holders on a daily basis.

In conclusion, KuCoin KCS has proven to be a popular choice among KuCoin users since its launch in 2017. It provides users with various benefits, including discounted trading fees, bonuses, and exclusive rewards. KuCoin continues to make improvements to KCS, and it will be interesting to see how the token evolves in the future.