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KuCoin Shares

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KuCoin Announces A $10 Million Investment From SIG

Cryptocurrency exchange KuCoin has announced a $10 million strategic investment from Susquehanna International Group (SIG).

 Mark Weaden

Trade

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SimpleSwap

4.08 based on 319 votes

KuCoin

3.9 based on 1070 votes

ProBit

3.68 based on 436 votes

Shop

So you've made a little KuCoin Shares and now you want to spend it? These are the places to do it!

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Cloudzy

5 based on 1 votes

ProfitTrailer

4.15 based on 62 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for KuCoin Shares.

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Ledger Nano S

3.74 based on 180 votes

Unstoppable Wallet

3.74 based on 130 votes

FLX Wallet

3.7 based on 10 votes

Review

Learn more about KuCoin Shares.

KuCoin is a cryptocurrency exchange based in Asia that emerged during 2017 and quickly gained traction. KuCoin charges 0.1% on trades, and half of the fee revenue gets split among all holders of the KuCoin Shares.

The KuCoin exchange is similar to the exchange Binance in launching its own token. The main purpose of the KuCoin token is 2-fold:

1. KuCoin token holders receive extra discounts when paying fees using KuCoin Shares.

2. KuCoin token holders earn a profit share from the platform trading fees. Profits are distributed proportionally to how many tokens each user holds.

There is a max supply of 200MM KCS, of which 100MM will be burned through a buyback system. Each quarter, the company will take at least 10% of KuCoin’s profits to use for the buyback event.