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What is KuCoin?
KuCoin exchange was launched in 2017 as a profit sharing token that allows traders to profit from an exchange. KuCoin token was released as an ERC-20 token that runs on the Ethereum network and is compatible with most Ethereum wallets. KuCoin is a decentralized cryptocurrency platform that allows participants to earn exchange value using their profit sharing token.
Because the KuCoin token was issued according to the ERC-20 standard, the token follows the same security measures used in the Ethereum network, known as the Proof-of-Work consensus mechanism. The Proof-of-Work consensus mechanism required network nodes to validate transactions to receive rewards. Before a new block could be added to the network, it had to be validated by at least 50% of the nodes to guarantee its accuracy. In addition to Ethereum's consensus algorithm, the system also uses a standard encryption protocol that ensures that user data and transmission details are hidden from other users on the network. This process ensures a high level of privacy on the network, protecting it from external attacks.
How to use KuCoin (KCS)
A long-term investment in KCS with the expectation of it increasing in value. You can safely store your KCS in Guarda Wallet.
Instantly exchange KuCoin with the best KCS exchange rates. We offer many trading pairs for KuCoin trading through our exchange partners.
Guarda allows you to easily buy KuCoin online and send it to anyone and anywhere with their KuCoin address.
KCS owners can participate in token sales on KuCoin Spotlight. KuCoin Spotlight is a platform that serves early-stage crypto projects and their token distribution.
Receive KuCoin from anyone instanteniously through your web browser, mobile phone or desktop app.
Learn more about KuCoin
You can read more detailed articles about KuCoin and blockchain as a whole in our Academy.
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