KuCoin secures $10M investment from SIG, will this lead to an increase of KCS?

KuCoin secures $10M investment from SIG, will this lead to an increase of KCS?
фото показано с : invezz.com

2022-7-22 14:07

KuCoin (KCS/USD) is one of the largest cryptocurrency exchanges on a global scale that gives users access to buying, selling, and trading cryptocurrencies.

The platform also offers margin, futures, and peer-to-peer (P2P) trading.

KCS is the native cryptocurrency utilized throughout KuCoin and was issued as an ERC-20 token. It can be used for the process of paying for the trading fees on the KuCoin exchange, where users can get discounts alongside participation in token sales.

The $10 million SIG investment as a catalyst for growth

On July 21, 2022, KuCoin announced that it had secured a strategic investment from SIG.

Alongside the $10 million investment, the two parties will essentially begin collaborating in blockchain startup incubation and KCS and KCC ecosystem building.

SIG is a global quantitative trading firm and is an expert in trading all listed financial products and asset classes; however, it puts a specific focus on derivatives and also handles millions of transactions on exchanges on a global scale daily.

KuCoin has developed into a top 5 crypto exchange on a global scale with over 20 million users and aims to use these funds to upgrade platform infrastructure and enrich the product lineup.

Furthermore, this capital will also support KuCoin’s global expansion and hiring plan.

All of this can lead to higher demand, utility, and value for the KCS cryptocurrency.

Should you buy KuCoin (KCS)?

On July 22, 2022, KuCoin (KCS) had a value of $10.32.

When we go over the all-time high point of value for the KCS cryptocurrency, we can see that the token reached a value of $28.83 on December 1, 2021.

However, when we go over the performance in June, we can see that KuCoin (KCS) had its highest point of value on June 1 at $17.84.

Its lowest point was on June 19 at $9.212. Here we can see that the token decreased in value by $8.628 or by 48%.

However, from June 19 to July 22, KCS has increased in value by $1.108 or by 12%.

With this in mind, we can expect KuCoin (KCS) to reach a value of $12 by the end of July 2022, making it a solid buy.

The post KuCoin secures $10M investment from SIG, will this lead to an increase of KCS? appeared first on Invezz.

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kcs kucoin → Результатов: 78


KuCoin анонсировала запуск маржинальной торговли

31 октября (UTC+8) на криптобирже KuCoin стартует маржинальная торговля, которая может обеспечить трейдерам более высокую прибыль. Впрочем, как отметили представители KuCoin, такой трейдинг сопряжен с повышенными рисками.

2019-10-29 12:00


Биткоин-биржа KuCoin запустит маржинальную торговлю

KuCoin сообщила, что 31 октября на платформе появится возможность маржинальной торговли. KuCoin will release an all-new service on October 31, 2019 (UTC+8): Margin Trading. Users will be able to enjoy a 20% discount in KCS when using it to pay the transaction fees generated in margin trading.

2019-10-27 10:54


KuCoin продаст BTC со скидкой на сумму $1,5 млн

Сегодня сингапурская биржа криптовалют KuCoin объявила, что в рамках празднования своей второй годовщины продаст биткоин со скидкой пользователям, выполнившим определённые требования. Согласно заявлению биржи, продажи BTC запланированы на сумму $ 1 500 000 (около 144 BTC).

2019-9-10 11:03


Как дешево купить Bitcoin. Биржа KuCoin устроит распродажу

Криптовалютная биржа KuCoin проведет распродажу Bitcoin, приуроченную ко второй годовщине начала работы торговой площадки. Компания выделила на это 1,5 млн USDT в BTC по курсу на момент продажи, которая пройдет 16 сентября в 17:00 по московскому времени.

2019-9-10 11:54


Криптобиржа KuCoin вознаградит пользователей за блокировку ее токенов KCS

Криптовалютная биржа KuCoin намерена ввести награды для пользователей за блокировку токенов KCS Lockup, Cash Back и Burn Plan. Представители платформы уверены, что программа лояльности даст возможность расширить и усовершенствовать экосистему KCS.

2019-7-30 14:10


KuCoin responds to allegations over discrepancies in trading volume; issues buy-back initiative for KuCoin shares

Singapore-based cryptocurrency exchange, KuCoin was called out for discrepancies in their trading volume, and a bonus was issued to KCS holders. KuCoin released a statement with regard to this and listed “major causes” for these mismatches: “The average trading fee rate per account dropped as we have seen an increase in premium account holders that […] The post KuCoin responds to allegations over discrepancies in trading volume; issues buy-back initiative for KuCoin shares appeared first on AMBCrypto.

2019-7-1 01:30


Токены KuCoin (KCS) выросли в цене после объявления о запуске IEO

Криптобиржа KuCoin, следуя по стопам других торговых платформ, присоединилась к успешному тренду 2019 года по проведению первичного биржевого предложения, в результате чего ее токены KuCoin (KCS) выросли в цене.

2019-3-23 12:47


Токены KuCoin (KCS) выросли на 13% после объявления об обновлении платформы

Обновление криптобиржи KuCoin, согласно пресс-релизу, запланировано на завтра, в 08:00 (UTC+8). В связи с проведением модернизации системы предполагается закрытие работы биржи примерно на 14 часов.

2019-2-17 19:12


Биржа KuCoin объявила о листинге Stellar (XLM)

Китайская криптовалютная биржа KuCoin объявила о добавлении токенов Stellar (XLM). Stellar (XLM) is now on KuCoin, you can deposit now. Trading pairs include XLM/BTC and XLM/ETH. Withdrawal opens July 18, 2018 at 22:00 (UTC+8), buying starts July 16, 2018 at 21:30 (UTC+8), and selling starts July 16, 2018 at 22:00 (UTC+8).

2018-7-16 16:13


Фото:

Binance and KuCoin Commence Quarterly Burns of BNB and KCS Tokens

International, multi-language cryptocurrency exchange behemoth Binance has officially announced the fourth quarterly coin burn of its in-house Binance Coin token (BNB).   The announcement comes via Binance’s founder and CEO, Changpeng Zhao, on Twitter — where the business executive wrote: @binance is doing a final tally on the numbers, and will announce our 4th quarterly burn in the next day or so, and finish the burn within a couple days after that.

2018-7-16 16:00