Today, one of the hottest scenes around DeFi is the NFT sector. NFTs, for non-fungible tokens, are specially designed so as to be ideal digital collectibles, gaming pieces, and beyond. Accordingly, some of the most promising projects in the NFT arena lately are finally beginning to have their day in the sun. With over $100M worth of NFT traded, the NFT space is one of the fastest-growing niches in crypto and has huge potential, ranging from digital kittens to complex financial products.

If you follow DeFi, you’ve probably noticed that the concept of yield farming on NFT is everywhere lately. From some of the most notable protocols to food themed DeFi protocols, maximizing yield across NFTs has become one of the new defining activities on DeFi in Q4 2020. The recent yield farming frenzy that far past $2B, eventually, has brought some important questions to light. Today, as any yield farmer of NFTs can tell you, chasing higher yields can be a risky endeavour and in most cases is not a sustainable strategy for the average user.

What is Dego.Finance and Why is It Superior To Other High-Yield Farming Tokens?

Dego.finance is an exciting protocol that combines DeFi yield-farming and rare non-fungible tokens (NFTs). You’re probably familiar with Yams, Sushi, KimChi and various other food farming coin clones, most of which have a lifespan of 48 hours or less. While these tokens can make a small fortune for early adopters, most of them die out quickly because they lack actual utility and interest in participating governance. So what’s the solution for creating a high-yield farming token that can last in the long term? DEGO’s marrying of NFT to DeFi provides a viable solution to this.

Attaining Sustainability
At first glance, you may label it as another copycat following the food token themed protocols. However, Dego.finance utilizes a different formula for rewarding liquidity providers, one that enables a more decentralized and sustainable ecosystem. Dego finance calls it liquidity mining with algorithmic adjusted. The platform uses a set of deterministic algorithms for liquidity mining. When a user stakes LP tokens in the platform, it converts them to POWER  (similar to the hashrate of Bitcoin mining) to determine how much rewards they will receive. The formula puts less importance on the staked amount, and more on the total amount of participants.

In addition, beyond building a protocol that anyone can use to maximize returns, Dego is introducing a modular design where every DeFi protocol (Aave, Uniswap, Yearn etc…) is a lego brick in its ecosystem. The platform simply wants to create a diverse investment portfolio for its users. Equivalent to LEGO in the DeFi+NFT world, if every protocol is treated as a brick, then the DEGO ecosystem is equivalent to building a castle with LEGO bricks. DEGO wants to strike the right balance of risk versus reward by creating a diversified product portfolio that includes Liquidity Mining, NFT Auction, NFT Minting, NFT Trading and more.

More About Dego.Finance

• NFT Farming - In addition to its sustainability, the platform is forward thinking and has embraced the current market trend around crypto collectibles and art. Token holders can stake their DEGO tokens to yield farm unique non-fungible tokens which they can trade on OpenSea for additional income streams.
• Another fascinating thing about DEGO is that it brings more value to NFT. NFT has always been used in the collectibles market. However, DEGO empowers NFT with more application scenarios. NFT in the DEGO ecosystem can not only be auctioned and mined, but also used to participate in the governance of DEGO by holding NFT.
• DEGO contracts adopt a completely fair distribution system without private placements or pre-minings. The total supply is 21,000,000 DEGO. In addition, they created an innovative deflation model for DEGO tokens. When a user transfers DEGO tokens, a 2% trading tax of the transferred amount will be deducted, and 1% of those fees will be directly burned. The remaining 1% will be transferred to the Dividend Pool.

DEGO Spikes Interest
Shortly after the DEGO deposits/transfers opened on Pool-X, the event significantly fueled the token's price to rally. Ultimately, this led the token to surge well over a good percent before its momentum began stalling, and large buyers began gobbling up the event to guarantee their lucky boxes which will be distributed based on the amount of DEGO they held. At the time of writing, the Dego platform’s token is trading at the current price of $1.35 USD.

Dego.finance seems to be the first project hosted on KuCoin’s brand-new initiative to bring the NFT-DeFi experience to its users. As for the rules of the campaign, the NFT-DEGO mining campaign has two phases.
The first is the NFT-airdrop. Users can deposit DEGO to the Pool-X platform, and Dego team will airdrop the KuCoin exclusive joint NFT to users according to their final deposit ranking. The grade of NFT is random, but the higher the ranking, the more likely to obtain a high-grade NFT. And all of the users who deposit DEGO to Pool-X will have the opportunity to get a random grade NFT.
The second phase is KCS mining. Users who have obtained an NFT in the first phase can participate and mine KCS. But the campaign is only available to users who hold a KuCoin exclusive joint NFT. The mining campaign has two rounds, with a total supply of 100,000 KCS.

Synergy Between DEGO and KuCoin
The synergy taking place between the Dego.finance and KuCoin presently has catalyzed a bridge between the NFT and Crypto Exchange communities, the members of which are learning about the other side sometimes for the first time ever. This dynamic has already caused other exchanges like Binance to play closer attention to the NFT-DeFi project with its launch of DEGO NFT Market on its BSC (Binance Smart Chain). In the future, you can bet that these kinds of mutualistic relationships are going to help the NFT-DeFi ecosystems to grow forward. So as this growing continues, you can look back on Dego.finance as a key early trailblazer.

Global cryptocurrency trading platform KuCoin has probably responded to some of the crypto traders' demand to create a valuable dust feature. 'Dust' in cryptocurrency is a term used to refer to the total quantity of coins that an individual can not trade. The new feature, known as the Convert to KCS function, will allow users to convert their dust into KCS, the cryptocurrency exchange's native currency. To explain the feature, though, a lot of other matters need to be visited first.

What is Crypto Dust?
Dust is a negligible quantity of cryptocurrency coins or tokens left in your account or crypto dust in this instance. For smaller balances that were inherently difficult to trade, since they were lower than the transaction costs, the word crypto dust or dust was commonly used as slang. Lying in most users’ crypto wallets, these negligible amounts of crypto coins were frequently overlooked or ignored and stayed idle.

A lot of crypto exchanges, referred to it as dust as they are crypto tokens and coins left from trades. These nominal tokens were inaccessible for trades, as most exchanges have a minimum trade crypto trading requirement. Intriguingly, in a really simple but effective process, KuCoin allows users to convert their dust into KCS tokens. Users would be able to convert less than 0.001 BTC equivalent crypto dust into KCS tokens.

What’s the problem with Crypto Dust?
What is the dilemma of accounts getting dust? As a trader, small balance handling is a valuable function for long-term traders because when trading multiple assets, it avoids users from wasting resources. The tiny amounts on crypto exchanges are a major problem "since they are funds that can not be used" to transact. Binance does have a similar service that allows users to convert small balances into its Binance Coin (BNB).

As KCS holders pay minimum fees on the exchange, this conversion comes as an added bonus. Throwing some light on the advantages of the feature, the structure of KuCoin's taker and maker fee plus VIP discount currently exists for KCS holders on the exchange, and customers need a mere 1000 KCS to use Level 1 fee discounts. However, more than a thousand KCS should be enough to achieve the full discount.

KuCoin and KCS token
KuCoin is among the popular cryptocurrency exchange that enables users to trade or exchange their crypto assets either for profit or normal transactions. KuCoin supports a number of fiats including USD, JPY, KRW, EURO, GBP, and more. Fortunately, the exchange also provides some attractive taker and maker fee structure plus VIP discount. But that’s not all, they also enable users to benefit from holding their KCS tokens.

With a current supply of 170 million tokens, the KCS token was built in 2018 as an ERC-20 token on the Ethereum network. The KCS token is KuCoin 's native cryptocurrency. KCS tokens cover a flexible variety of use cases. The versatility of the token allows it to be used in most instances of your daily life, such as gifts, daily commutes, or even as transaction fees on the KuCoin platform. KCS tokens can be used for a plethora of things.

At the time of writing, more than $88 billion in transaction volume (USD) has been accumulated on the platform. KCS is currently trading at  $0.86 according to Coinmarketcap and despite the price stayed surprisingly stable after the hack, it is for the time being a high-risk high-reward token.

How KuCoin Convert to KCS’ Function Works


The method of converting crypto dust to KCS tokens is very straightforward. The user dashboard has been introduced with a "Convert to KCS" button. They should press the button once the user logs in to their KuCoin account and follow the prompts. In their account, the user then selects the cryptocurrency dust that they want to convert. The value of the converted crypto dust in KCS is shown at the conversation details, as well as the transaction cost.



Scroll through your list and see if there are any coins you do not want to be converted. If you are satisfied, click on ‘Convert to KCS’. You will then be presented with the conversation details along with the confirmation button. Whatever the number of coins you are holding, this won't take some time to process, you can also convert dust to KCS to your heart's content. At this time, it only appears to be working on KuCoin’s official website and will soon be deployed on the KuCoin App.

For detailed know-how of the converting process, you may visit the official KuCoin guide.

A High Degree Of Utility
After the sudden move, whether it will shoot up or not in the coming days, the value of KCS is still unclear. The implementation of the new feature could not have come at a better time, whether it was intended to create a chain reaction that would raise the value of KCS or not. KuCoin is known for constantly being quick-witted about the game, but it is safe to say that, particularly after the recent hack, it will turn out to be helpful for its native token.

Presently, the new feature is limited to KuCoin desktop and web platforms. Nevertheless, proposals are in the advanced stages to integrate it into the mobile app. Again, to access the new feature, click the ‘Assets Overview’ button, and then proceed to ‘Trading Account’. From there you can see the ‘Convert to KCS’ feature.

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KuCoin Futures, the cryptocurrency derivatives firm of KuCoin, has announced the launch of the USDT-Margined Uniswap (UNI) and yearn.finance (YFI) Perpetual Futures. Opened on September 28 at 16:00 UTC+8, users are now able to open both long and short positions with leverage of up to 50x and become miners of KuCoin Futures to win a share of the 3,700 USDT rewards at 0% trading commission.



KuCoin, the industry leader in terms of numerous digital assets and site traffic, announced via a blog published on September 28 that it will now support futures transactions with Uniswap (UNI) and yearn.finance (YFI). KuCoin users will be able to open UNI and YFI contracts with leverage of up to 50x where USDT will be used as collateral, and offer investors the opportunity to earn more profits aside from the usual trading.

In terms of value, YFI was arguably the best performing cryptocurrency of the past month. The Yearn Finance governance token was announced by Andre Cronje on July 17th and has since taken off in a manner that possibly no one anticipated. Currently trading at about $36,000, what began as a "0 value" token has been the first altcoin since 2016 to flip the monetary price of bitcoin. Since mid-July, Yearn Finance (YFI) has been one of most prominent coins. YFI, which most people use for yield farming, rapidly gained value as a result of this popularity.

The UNI craze is another stage in the DeFi euphoria. The airdrop that initiated the unprecedented distribution of UNI tokens among all traders who registered before Sept. 1 of this year on Uniswap has contributed to the hype of the token. 400 UNI, equal to $2,920 at the current price, was included in the initial airdrop amount. The UNI price skyrocketed 50x, from $.30 to $15, immediately after the airdrop. The inevitable correction took the price of UNI down to the sub-$3 line, but then it began to gather momentum again. Top-tier platforms have not given up hope of making the most out of the hype around UNI token. In other words – the demand for the contract is undeniably substantial.

Leveraging The Hype
The promotion to trade new Futures, which includes both UNI and YFI, and win rewards, started on September 30, 2020, at 16:00 and last until October 8, 2020, at 24:00 (UTC+8). Users can sign up to participate in the activity by becoming miners with KuCoin Futures and enjoy trading fees at a minimum of 0%. By completing this form to sign up, users might be the miners who'll receive KuCoin Futures at zero maker fees for UNI and YFI Futures throughout the entire activity. Users trading volume, combining both YFI and UNI Futures, must be at least 500 USDT to engage in this activity.

The USDT rewards each participant receives will be based on their ranking, allowing a total of 10 winners and an additional participation reward. With the reward being higher for users with the best ranks:

First place will gain a cumulative reward of USD 200, while the reward of other winners will correspond to their amount based on their volume of UNI and YFI futures trading. A 300 USDT reward prize will be shared from second to fifth place, but each winner alone will not earn an award above 150 USDT. Sixth to tenth places will share 200 USDT, and a reward cap will also be set, but with 80 USDT for each winner this time. Any following winners will be categorized within the participation reward, sharing a total prize pool of 3,000 USDT.

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Do you like prizes? Of course, you do, or you wouldn’t be reading this. What about free cryptos? Well, to celebrate KuCoin's third anniversary, they're having a carnival of activities for KuCoin users EVERY DAY! All you have to do is be a KuCoin user and you can get your hands on some amazing prizes with enough points to keep you entertained on a trip to the moon and back. Not only that, but they’re also yours to keep forever. Make sure to check back every day, as the number of players constantly grows.

KuCoin's third year anniversary might be the biggest, hypest, most appropriately named in regards to the time of year event yet: Anniversary Carnival! Time for giving back and showing love to their community — you all! KuCoin got a lot of love to give: USDT giveaways. Amazon Kindle giveaways. The freshest KuCoin merch. BTC purchase discounts. Apple Watch and iPhones. They even have actual physical Porsche 911 Turbo S that KuCoin will deliver to your house. Please grab your favorite drinks and foods, and let’s break this carnival down.


From Silver, Gold, Platinum, Diamond, and Master Tier, you have to fill the Threshold points needed in order to advance the next level. Each tier represents the entry prizes with some awesome surprises yet to be claimed along the way. When your points meet the minimum requirements of each level, you can share the prizes with the users at the same level.

How To Earn Points
During the event period, consist of 4 categories - “Win 5 Points”, “Win 15 Points”, “Sprint points” and “Points in Projects,” users are able to earn points via several tasks ranging from the easy processes to hard ones. The mission status and points earned by users will be updated each day at 00:00, 08:00, and 16:00 (UTC+8). Here are more details on the distribution of points within each task:

5 Points Tasks

Just by sharing the actual event carnival, joining KuCoin’s official Telegram community, and trying KuCoin's Futures Brawl for the first time, you can earn 15 points easily.

15 Points Tasks

From purchasing 2,000 USDT via P2P Trade, depositing any coins worth at least 10 USDT to KuCoin, reaching 500 USDT on KuCoin futures trading volume, and trading any amount of crypto on KuCoin API for the first time, you can earn 15 points each from these tasks for a total of 60 points.

Sprint Points

The so-called "Quick Options" to use when you want to earn even more points. I have very little patience for referring friends, which I could easily get 10 points when I do that. Someone with more mental resistance for repetition can earn more from this. Anyway, I think it should go without saying that at the end of the week, you will want to put in your best chances. Your relationship with your friends may take a small hit as they'll keep hearing "please register on KuCoin" from you, but I think it's a good tradeoff for getting more points to achieve a higher rank.

Win Points In Projects

Of course, KuCoin also holds a trading campaign specifically for these notable projects such as SUKU (SUKU), Energy Web Token (EWT), Kardiachain (KAI), Blockstack (STX), Lukso (LYXe), Wom Protocol (WOM), and more. In this regard, there are two ways on how you can earn points, either purchasing a token worth at least 200 USDT or trading a token which needs to have at least a trading volume of 500 USDT.

How To Use Points
There are 2 ways as to where you can use those points accumulated -
1) Getting rewards of the corresponding points level and;
2) Wheel of Fortune

About Wheel of Fortune

Although the chances to earn more don't seem to bear out oftentimes, that's where you can use all your points gathered. From getting 5 points to winning 1 ETH, there's a lot of prizes that you guys could get. Here's a brief demo on how I just rolled the 1x spin for the first time.

While I am in no position to say that the probability is heavily skewed towards smaller prizes as it was my first try, perhaps the outcome is still random. I'm sure these numbers are probably way off, and the range for the 1 ETH and 5 points is much larger, but this is the general gist. As soon as you click the button, it generates the number and already knows what the outcome will be. The animation is just for show.

The KuCoin Anniversary Carnival will be hosting more of these festivities with some awesome surprises yet to be announced. If you want to partake in the giveaways, spin the wheel, and festivities, be a part of KuCoin and join today to take advantage of this steal!


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There are several cases, particularly in areas where blockchain technology might effectively change the lives of people who were the most that need it. It is an unfortunate state that people are now being taken advantage of by big businesses providing life-saving services in the most difficult circumstances. While emerging solutions to the current state of financial services suffering from problems such as high cost, low response time, and complicated procedures are only growing, these projects are still novel and often lack proven applications. Therefore, rather than reinventing the wheel, VELO is in a place where it can do the most good.

With the goal to incorporate the latest blockchain technology into traditional finance, Velo aims to construct a foundation for financial services that can provide more efficient and effective user experiences as well as a sophisticated solution to the increasingly complicated world of business. Decentralized at its core, and not greedy in nature, Velo is poised to become the world's largest digital credit protocol, capable of generating trillions of dollars worth of digital credits in service of numerous real-world use cases including cross-border remittance, lending, payment, and loyalty point programs.

About Velo
Velo is establishing an ecosystem that involves a plethora of utilities and services aimed at providing solutions for institutional entities. What motivated me to dig closer into Velo Labs originally was the backing of their organization. It is formed by Jiaravanon Chatchaval. For others, he may not sound like a global superstar but he's a successful Asian entrepreneur. He sits on the board of several companies including True Company, Thailand's leading Telecom Group, and owns the Fortune Magazine. His family also runs the CP Group too: Thailand's biggest conglomerate. The CP Party is also the main contributor to Velo Lab. The group controls all 7-Elevens (more than thousands) in Thailand and is one of the world's biggest conglomerates.

So far, the biggest positive for Velo is its significant partnerships. Also, Velo found that the majority of their partners and potential Velo Alliance members are of like mind and making similar adjustments and investments with one another. For example, one of the significant partners of Velo, Lightnet, is building an inclusive international remittance ecosystem around the Velo Protocol. Following a $31.2 million Series A financing in late January 2020, Lightnet is backed by large Asian conglomerates, giving it access to a giant network of banks and retail outlets to support customers. Perhaps, as businesses within the Velo network continues, huge opportunities for it persist, and in collaboration with the existing and upcoming partners, Velo is in for rapid growth and adoption.

Velo's native token acquired by KuCoin Spotlight
Right after its recent IEO sale with BNS, a lot of promising crypto projects from the DeFi sector are in hope of being selected in the next IEO on the platform. The last time the KuCoin Spotlight hosted a crowdfunding event was in July. As a result, KuCoin Shares (KCS) investors have been waiting patiently for an announcement from the team providing details of the next one. Several users have expressed optimism concerning the upcoming IEO. Additionally, speculation is high that the next KuCoin Spotlight IEO will be a DeFi project with the current trajectory of the space as well as several announcements like listings, integrations, etc. from the side of KuCoin. 

KuCoin Spotlight– KuCoin’s IEO platform to support innovative blockchain projects, has announced support for its 8th project of the year, Velo (http://velo.org/). The token sale of VELO on KuCoin Spotlight has recently set in motion, you may want to check this one for more info.



The IEO will be hosted in a lottery format, so make sure you participated before Sep 16, 2020 (UTC+8) 23:59:59. Each successful participant will be able to claim up to a maximum of 30 lottery tickets and receive a maximum of 5 winning tickets according to the different conditions that are met. Each winning ticket is eligible to purchase 50 USDT worth of the VELO tokens (fixed amount) using KCS.

Following are the simple steps to participate in the Spotlight:

First, to participate in the token sale, it is necessary to create an account on KuCoin. After successful registration, go to the Spotlight section of the navigation menu. As you can see, these are the participation criteria needed below.



Verifying your identity is the first step in getting a chance to participate in KuCoin Spotlight. This needs to be done to verify your identity and location, as residents of some countries are prohibited from buying tokens on KuCoin Spotlight. The process won’t take much of your time as KuCoin appears to be quite responsive to this matter.



As was discussed previously, KuCoin has now introduced a lottery system to select eligible users for the IEO. Once you successfully verified your identity, accepting the token purchase agreement and confirming the supported country would be pretty easy, which means that there is huge a guarantee you will have a chance to participate in the token sale.



Note: In addition to the participation criteria, to obtain a lottery ticket(s), there are several ways to get tickets: KCS holding, KTS Lockdrop, KuCoin 3rd anniversary collecting points. If you want to get 1 ticket, buy & hold 100 KCS before Sep.9. If you want to get 18 tickets, lock 8000 KCS in the ‘KTS Lockdrop’ activity on Sep. 9. For more detailed information about these, you may check it here.



The participation in a token sale on KuCoin Spotlight is basically nothing difficult. The team, on the contrary, has gone above and beyond ensuring that everything is streamlined, open, and very easy to get through.

Note, however, that such IEO token sales are actually at the center of tremendous interest. Which is why it includes thousands, if not hundreds of thousands of people. As was mentioned earlier, VELO is in a place where it can do the most good, which is why it is incredibly challenging for users to join this private sale and manage to participate on time as interest on the token is certain. Beyond the intense competition, however, anything else is completely smooth and very easy to deal with.

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Get rewarded for introducing people to crypto and empowering them to get started. With the KuCoin's "Gold Rush" program, you can turn your influence into tangible benefits and easily earn 40% commissions just for referrals!

How does the KuCoin “Gold Rush” program work?
Step 1: Apply to become a KuCoin Gold Hunter
Submit your application by filling this form. Once the team evaluates your application and ensures you meet the necessary criteria, your application will be approved.
Step 2: Invite friends & give them a “20% discount on AMPL transaction fees”
When someone signs up or registers an account on KuCoin with your referral link, you can get up to 40% commission every time they complete a trade. Also, your invitee(s) will get a 20% discount whenever he/she trades AMPL. So hurry up, join the program now.
Step 3: Just continue to recommend KuCoin
It’s actually really simple and all KuCoin users are eligible to join the “Gold Rush” program!

What is KuCoin “Gold Rush” program?
Giving users the option to share their referral rewards with their friends/followers, they can now encourage more users to crypto and empower them to get started. KuCoin’s “Gold Rush” program is where competitive commissions for referrals are offered to help turn your personal influence into tangible benefits. Since the launch, more than 600 gold hunters from over 50 countries and regions have brought over tons of new users to join KuCoin.

How do you get the maximum of a 40% base referral bonus?

(Note: The KuCoin “Gold Rush” program has upgraded into Version 2.0. This time around, there is no KCS holding position required, and all users are eligible to earn a 40% commission)


Based on the "Gold Rush" program's market success and the recommendations from hunters, KuCoin decided to upgrade the "Gold Rush" program to a brand new version, adding more advantages and longer commission periods for hunters. In addition, KuCoin has created a $1,000,000 Hunter Referral Bonus Pool to enable hunters to introduce more new players to the Gold Rush program.

Ways To Earn More in the $1,000,000 Hunter Referral Prize Pool
• Don't forget that you have the power to give discounts and share commissions. Incentivize your followers, friends, and community members to sign up using your referral link by offering them discounts of up to 20% on AMPL trading fees. At the end of every month, aside from the 40%, you will still get a 10% commission as a referral bonus from the $1,000,000 KuCoin Hunter Referral Prize Pool.
• When someone signs up or registers an account on KuCoin with your referral link, you might want to direct the invitee(s) to sign up as a gold hunter by filling out this form. In other cases that the form doesn't work, you may contact [email protected] to refer these new hunters.
• Last but not least, be innovative and take the opportunity to introduce KuCoin products and their features. Crafting quality content using KuCoin-related images, videos and articles will help you create better awareness about KuCoin and encourage your friends/followers to use your referral link to sign up.

Can corporate accounts or well-resourced individuals be eligible for the referral program?

Whether you are an influencer, content writer, community contributor, or even a business entity, you can become a “Prime Gold Hunter” and enjoy customized commission plans, higher commission rates, and extra benefits from this program. However, there are some certain rules which are necessary to fulfill in order to apply in this program:
1. Social media influencer (YouTube, Twitter, Facebook, etc) with at least 1,000 followers or subscribers on one or more social platform
2. Crypto communities with a minimum of 500 members
3. Have an outstanding referral performance in KuCoin’s Gold Rush program

For interested applicants, you may contact [email protected] for the KuCoin team to evaluate and ensure that you meet one of the above criteria.

I'll add even more ways for people to earn bonuses in the coming months and learn about the various incentives available on KuCoin.

Start taking advantage of this feature on KuCoin today, sign up for a KuCoin account or download the iOS or Android app to get started!

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KCS, the native token of KuCoin— a global cryptocurrency exchange for numerous digital assets and cryptocurrencies— hasn't yet regained its former position in the crpytocurrency rankings. While its value has suffered under the paw of the bear market, its long term appeal remains driven by KuCoin’s ability to maintain profits—something that, so far at least, it appears to be very good at.

Coming in as a small cap cryptocurrency, the token currently has a market cap of over USD 62 million. KuCoin Shares (KCS) an ERC-20 token, has emerged in popularity as a comparatively stable crypto diversification option over the last year, backed by the strength of the KuCoin exchange.

KuCoin handles over a million dollars worth of volume daily, and consistently ranks as the world's busiest crypto exchange by legitimate volume. The design of the KCS token means its utility and value is closely tied to the performance of the KuCoin exchange. Within KuCoin, the function of KCS is as many as the exchange token in other channels, dividends, pay trading fees, get VIP rights, etc., and KCS also has plenty of use cases outside of KuCoin in traveling, gaming, financing, social networking and other industries.



Talking about the reasonable price of KCS, it is pretty much undervalued. KCS price is highly associated with the development of KuCoin, and it is constantly improving in value. As many interesting thing will happen to KCS with the launch of KuChain alongside the adjustments of KCS business model and its current bonus plan, it gives the KCS token a 'get it while it's hot' appeal that plays into its value and adds positive pressure to long term demand. With the continuous expansion of the KuCoin ecosystem this year, the structure around KCS will gradually become ecological, and the intrinsic value of KCS will be higher and higher.

KCS Flashing Some Bullish Signs
KCS provides a ROI of 7% a year by just holding. It has more potentional as the exchange keeps getting bigger (and it does). However, on the benefit of this stability that Bitcoin is performing, KCS appeared to be charting some loss while most major altcoins record significant gains over the past days.

At the time of writing, KCS is trading down just over 6% at its current price of $0.78, which marks a notable decline from daily highs of over $1. Last April 3rd, several traders still recall how KCS sudden rally came about in tandem with the token sale of MultiVAC on KuCoin Spotlight and rally up to highs of nearly $2.19, which is where it lost its momentum and plummeted lower.

Calmly – some prominent crypto trader on Twitter – told his followers in a recent tweet that he believes the KCS is well positioned to see some upwards momentum in the days and weeks ahead as it flashes some bullish signs.



KuChain
Whenever KuCoin introduces some new services / products, they think hard about how KCS can be associated with and benefit. While the team cannot unveil too much details around the exchange's own public chain, KCS will play a very significant role in it. Perhaps, as the public chain goes fully operational and as KuCoin move towards building its criteria of open finance infrastructure, more functions of KCS will be explored which will advance not only its utility but also the potential value of KCS.

IEOs
KCS has emerged in the short term crypto market consciousness rising over 300% last year trading from $0.44 to $1.32 on the back of speculation surrounding Kucoin's first official IEO sale, and given KCS's utility as the only liquidity option to access the IEO. KCS utility as a membership token to access the Kucoin Spotlight has built rapid buying pressure and potentially price and value reassessment from markets. KCS could be flashing some bullish signs, however, as Bitbns (one of the largest crypto exchanges in India) will be holding an IEO for its proprietary exchange token BNS on KuCoin Spotlight.



The WazirX token sale on Binance Launchpad goes to show the prosperity of the Indian crypto market which soars over 600% from its IEO price. Bitbns, as one of India’s most trusted cryptocurrency exchange alongside WazirX, is likely seeing the same trend. 

Bitbns is one of India’s most trusted cryptocurrency exchange that focuses on providing the solution to "fiat-to-cryptocurrency" conversion problems and simplifying the process of depositing and withdrawing fiat. The news that BNS will be launching on KuCoin Spotlight has once again welcomed a period of prosperity. Post-IEO, the listing of BNS token to KuCoin will also help showcase its utilities which has ushered in a positive perspective.


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KuCoin, a leading global cryptocurrency exchange by supported cryptocurrencies and users, announced the launch of KuCoin P2P Fiat Trade (former OTC Trading Desk) with the addition of PayPal, wire transfer and Interac e-Transfer in its payment method to provide users convenience at the best price.

The addition of these new payment methods follow KuCoin's philosophy as the ‘People’s Exchange’, promoting efficiency and ease of use for all users. Many new features and functionality have been added to the platform during the past few months. As a cryptocurrency exchange, KuCoin is keen to provide the best services and feature range for traders. A number of new features that will help to improve the trading process and make KuCoin more competitive in the cryptocurrency exchange market.

What is KuCoin P2P Fiat Trading?
When KuCoin P2P Fiat Trading opened its service for the USDT/CNY OTC service last October, many people used OTC (over-the-counter) trading to describe the service. But in fact, P2P (peer-to-peer) fiat trading is a more accurate term as trades are taking place between users and other users or merchants.

In a P2P fiat trade, the user can set up a trade with a preferred price, amount, and payment method to directly deal with the counterparty, exchanging the fiat asset offline and confirming the transaction online.

KuCoin P2P Fiat Trade is an information intermediary service platform that offers users digital assets and legal tender transaction services. It provides services for merchants to settle on the platform.

Should you try the KuCoin P2P Fiat Trading?
As a P2P trading platform, KuCoin provides an ad service for buyers and sellers to broadcast their offers. Meanwhile, KuCoin's secure and malleable trading design ensures the safety and timely delivery of digital assets. Within a year since its launch, KuCoin P2P Fiat Trading has processed over million in trades and integrated five currencies (Chinese yuan, Vietnamese dong, Canadian dollar, Indonesian rupiah, and United States dollar) for users to trade multiple cryptocurrencies.

As a specialized exchange with different positioning and target market, KuCoin Exchange is dedicated to providing safe, professional, trustworthy, and world-class services to its global users across 207 countries. Users can enjoy zero transaction fees from P2P trading and further fee discounts with their spot and futures trading based on their VIP level.   

One underrated aspect of KuCoin P2P Fiat Trade that other P2P platforms can’t easily replicate is that it is part of a wider KuCoin ecosystem of crypto products and services. Unlike other P2P platforms, where you may have to transfer to several wallets and platforms in order to use your crypto for other means, KuCoin P2P allows the crypto you buy to be sent directly to your KuCoin account. From there, your crypto can be used for multiple purposes on KuCoin, from trading across their spot, margin, and futures, to crypto financial services such as staking and more.

What is KuCoin P2P Fiat Trade Merchant Recruitment Program?
To serve better liquidity for users, the platform has launched the global P2P Fiat Trade Merchant Recruitment Program inviting merchants all over the globe to be a part of KuCoin and take advantage of the benefits offered. Merchants get 24-hour exclusive customer care service to help the settled merchants on the platform improve transaction efficiency. The merchants don’t have to pay the transaction fee on post-ads and there's 0 deposit requirements. Apart from this, there are many more benefits that are coming up.

This short guide explains how you can join the KuCoin P2P Fiat Trade Merchant


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