KuCoin (KCS) seems to be going all flat out to ensure its community gets the best out of its platform. Growth in trading has always been limited to the number of pairs an exchanges has on offer. However, going to the future this will not be the case with KuCoin.
The KuCoin community has been looking forward to a time when the platform will give them freedom to choose between the tokens on offer. Their prayers seem to be getting answered every other day. This is in line to be the platform of the future with a global reach and appeal.
Latest KuCoin (KCS) Listed Pair
As cryptocurrency traders continue searching for stable, trusted and reliable trading platform, KuCoin goes a step ahead to provide a system they is uninterrupted and operates 24/7. This is due to the demanding market making sure every trader is catered for irrespective of their time zone.
The new entrants on the token entrants on the KuCoin platform include Odyssey (OCN), Dragon Chain (DRGN) and Credits (CS). This could turn out to be a boost for each individual coins; the listing and pairing announcement seems to have played some magic in the trading chart with some getting a green spike.
The announcement through the official KuCoin website simply stated;
“Dear KuCoin Users,
We are happy to announce the launch of OCN/KCS, OCN/USDT, DRGN/KCS, CS/KCS trading pairs on KuCoin! You can start trading now…
Thank you for your support!
Just a few days after partnering with OPEN, KuCoin has announced it is adding new trading pairs in its portfolio. It is official now you can start trading OCN/KCS, OCN/USDT, DRGN/KCS, and CS/KCS among older pairs. This appears to be the beginning of the long journey for this unique Chinese exchange.
What is KuCoin in a Nutshell?
KuCoin is a very unique and interesting entrant and player in the cryptocurrency market. This is a Chinese exchange that targets the foreign consumer. The outfit was created after the Chinese government banned all major exchanges until the regulation issues are ironed out.
KuCoin is very bold and consumer-centric; it is operating a country where exchanges are banned but to serve foreign consumers. As long as the regulation requirement still hold, KuCoin potential is still being tested and has shown a lot of acceptance across the entire crypto-sphere.
The uniqueness of KuCoin has led to its popularity not only in Asia but across the globe. It supports those interesting coins that major exchanges tend to shun. However, it also supports established coins including Bitcoin, Ethereum and Litecoin. Plans are underway to get NEO’s GAS listed on the platform.
KuCoin critics tend to associate the exchange with controversial coins and this gives the outfit more mileage. However, small coins tend to gain traction fast and here is where the exchange makes a kill. This way, KuCoin has been able to come up with their native tokens that are doing well in the market.
KuCoin (KCS) in the Market
The KuCoin Shares (KCS) is proving very popular among readers and is current trading at $3.13 USD. It has been able to gain 0.18% against the USD in the last 24 hours. Although the marker cap seems to be dipping, the KCS price seems stable at least for now. With the chines ban anticipated to be lifted in day soon, the token is set to skyrocket.
With more pairs expected on the exchange, analysts are of the opinion that the KuCoin platform’s portfolio will soon start challenging the likes of Binance. Being the entry point for many new tokens in the market, soon it will become the natural choice for the coins that want to enter the global market.