What is the role of KuCoin Shares in the trading ecosystem of digital currencies?

1 answers

• Dec 30, 2021 · 3 years ago
  KuCoin Shares (KCS) are an integral part of the trading ecosystem on the KuCoin exchange. KCS holders benefit from a share of the trading fees generated on the platform, which provides them with a passive income stream. Additionally, KCS holders enjoy reduced trading fees, making it more cost-effective for them to trade digital currencies. The presence of KCS also contributes to the overall liquidity of the exchange, as it incentivizes users to hold and trade the token. This increased liquidity benefits all traders on the platform, as it improves the efficiency of the market. Overall, KCS plays a crucial role in creating a vibrant and thriving trading ecosystem on KuCoin.
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