- KuCoin Monthly Report January 2021: BTC Is Soaring But KCS Is Doing Better
In January, the KCS team completed the KCS rebrand, “KuCoin Shares” was renamed KuCoin Token and the brand logo was also renewed. The token ticker though will remain unchanged as “KCS”. KuCoin and the KCS Team announced the strategic plans for the next 2–3 years. “Finding the next crypto gem” and “Empowering KCS’’ will be the two main priorities KuCoin will be working towards in their future strategy. Driven by the bull market, KCS broke new highs, the highest since 2019. According to the KCS/USDT trading pair, KCS rose from as low as $0.67 at the beginning of the year to as high as $3 before settling down to $2.56. KCS soared over 280% in 2021.
In addition, the KuCoin trading bot was officially launched this month, and currently supports “Classic Grid” and “DCA”. Users can experience the KuCoin Trading Bot for free via the latest version of the KuCoin App, making stable passive income easier. KuCoin also launched the “Special Program for Polkadot Eco’’ to fully support the development of the Polkadot community. Click for more
Keep on reading for more news about KuCoin for the month of January.
1. KuCoin Spot Trading Platform
*KuCoin Spot trading volume in January was $14.3 billion.
1.1 Crypto-to-Crypto Trading
*9 new tokens were listed on KuCoin: Frontier (FRONT), Wrapped Bitcoin (WBTC), Hydra Chain (HYDRA), Mirror Protocol (MIR), DeFiChain (DFI), Curve (CRV), SushiSwap (SUSHI), Props (PROPS) and Ferrum Network (FRM).
*24 new trading pairs were listed on KuCoin: HTR/USDT, FRONT/USDT, FRONT/BTC, WBTC/BTC, WBTC/ETH, DOT/UST, ATOM/UST, AAVE/UST, YFI/UST, SNX/UST, USDC/UST, MIR/USDT, MIR/UST, LTC/USDC, BCH/USDC, HYDRA/USDT, DFI/USDT, DFI/BTC, CRV/USDTS, USHI/USDT, FRM/USDT, EOS/USDC, BSV/USDC, PROPS/USDT. Until January 2021, KuCoin has listed 543 trading pairs.
*According to the Special Treatment Rules of KuCoin, the latest phase of the ST observation has ended. The following projects have been disqualified and the tokens will be removed from the platform: Medicalchain (MTN), Change (CAG), Egretia (EGT), IoT Chain (ITC), CoinPoker (CHP) and Paparazzi (PAZZI).
*50,000 USDT Bonus for New Year Lucky Bags! LINK
*Incentivizing Open Finance: Frontier (FRONT) Invites You to Share a 155,000 FRONT Prize Pool! LINK
*UST Trading Carnival: Up To 70% Return On Fees + 20,000 UST Prize Pool! LINK
*NewsCrypto Net Buying Competition: Celebrate Your New Year with 20,000 USDT! LINK
*Haven Protocol Trading Heaven: Enjoy a 2,380 XHV Prize Pool! LINK
*Stacks 2.0 Launches, A New Way to Earn BTC: $30,000 to be Won! LINK
*Trading Bot Carnival: Grid Trading Competition, Win a Share of $18,000 Prize Pool LINK
*Ferrum Network (FRM) Listing Campaign: Multiple Rewards, Enjoy a 70,000 FRM Grand Prize Pool! LINK
*Celebrate the Mainnet Upgrade of KardiaChain (KAI): Net Buy to Get Your Share of 10,000 USDT! LINK
*Props (PROPS) Listing Campaign: $20,000 to Giveaway! LINK
*DeFiChain Great Event: $20,000 in DFI to be Won! LINK
*Hathor (HTR) Listing Campaign Round 2: Don’t Miss the 100,000 HTR Grand Prize Pool! LINK
*2nd Simulated API Trading Competition! LINK
1.2 Margin Trading
*KuCoin Margin Trade Added the NANO/USDT, AAVE/USDT, SNX/USDT, API3/USDT, CRV/USDT and MIR/USDT trading pairs.
*Margin Celebration Round 2 — Trade and Share 50,000 USDT! LINK
2. Fiat Gateways
*KuCoin Partners with BTC Direct to Enable More Payment Options for Crypto LINK
*Become A KuCoin Star Trader: Click to Earn Your Money Now!LINK
*KuCoin Launches P2P Fiat Trade for the TRY Market LINK
*KuCoin P2P’s Reward to All THB Users, 10,000 USDT to Give Away! LINK
*KuCoin Partners with Mobilum to Enable Payment for Crypto LINK
3. KuCoin Futures
*KuCoin Futures trading volume in January was $15.9 billion.
*KuCoin Futures Launched Dash (DASH), Zcash (ZEC), Aave (AAVE), Kusama (KSM) and Dogecoin (DOGE) USDT-Margined Perpetual Contracts and Ripple(XRP) and Polkadot (DOT) Coin-margined Perpetual Contracts.
*Futures Brawl 7 — Lucky Seven! 1,500 USDT to Give Away!LINK
*XRP & Polkadot (DOT) Coin-margined Contracts Online, Trade to Win a Share of 6,000 USDT! LINK
*KuCoin Futures — 2nd Round of New Year Bonus! $110,000 to Give Away! LINK
*GOM2-Staking Arriving in the New Year, Enjoy an APR of 24%! LINK
*New Year Gift: MSWAP-Staking Enjoys an APR up to 109.5% LINK
*The Second Round of BEPRO-Staking is Now Available, Enjoy an APR of 10%!LINK
*KSM-Staking and DOT-Staking Now Available, Enjoy an APR of 10%!LINK
*FRM-45D Staking Now Available, Enjoy an APR of 30% LINK
*PROPS-21D Staking Now Available, Earn an APR of 20% LINK
*The Second Round of CHR-30D Staking Now Available, Enjoy an APR of 30% LINK
5. Technical & Commercial Updates
*KuCoin Trading Bot is now online, providing a better trading experience for users. Users can experience the KuCoin Trading Bot for free via the latest version of the KuCoin App, making stable passive income easier. The KuCoin Trading Bot currently supports “Classic Grid” and “DCA”. We will continue to add more new functions going forward, including Margin Grid, Futures Grid, Extreme-Volatility Killer, Dynamic Position Sizing, etc. LINK
*To better serve our users in the Middle East , KuCoin now supports Arabic Language in KuCoin APP. KuCoin Arabic website version will be coming soon. LINK
*To better develop and optimize the existing smart contract and to empower KCS to engage in the blockchain ecosystem in a more multi-dimensional way such as through DeFi, DEX, etc, KCS smart contract has been upgraded. LINK
*KuCoin Launched the “Special Program for Polkadot Eco” to promote the construction of Polkadot Ecosystem infrastructure! KuCoin will actively empower and support high-quality projects in the Polkadot ecosystem. Polkadot Ecosystem Projects are welcome to submit a cooperation application and become one of the participants in KuCoin’s “Special Program for Polkadot Eco”. Please send your cooperation details to email@example.com
Find the Next Crypto Gem on KuCoin!
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Download KuCoin App >>> https://www.kucoin.com/download
- Date of publication:
- Thu, 02/18/2021 - 04:27
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