Does holding KCS give me any voting rights on the platform?
Yes, holding KCS gives you voting rights on the KuCoin platform.
The KuCoin Token (KCS) is a cryptocurrency issued by the KuCoin exchange. It is an ERC-20 token based on the Ethereum blockchain. Holders of KCS are entitled to a variety of benefits, including discounted trading fees, access to exclusive promotions, and voting rights on the platform.
The more KCS tokens you hold, the more voting power you have. This allows holders to influence decisions such as which new coins and tokens will be listed on the exchange. In addition, holders of KCS receive a share of 50% of all trading fees collected by KuCoin.
This is distributed in the form of a daily bonus based on how many KCS tokens you hold in your account. The bonus is paid out in either Bitcoin or Ethereum depending on which coin has higher trading volume that day. Overall, holding KCS gives you voting rights and other benefits that can help increase your profits when trading cryptocurrencies on the KuCoin exchange.
