KuCoin is gearing up ready for the Double 11 Festival. There are many different events going on over the next couple of weeks in celebration of 11.11, a date not unlike Black Friday in the US. One theme that can be seen is the focus on KCS, KuCoin's native token. With a growing ecosystem being built around it, now is the best time to get involved. We have put together a list of all the events that are taking place so that you won't miss out.
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The Ultra Big KCS Discount Sale
For the Ultra Big KCS Discount Sale, users will be able to purchase KCS at a reduced price. The discount rate will be between 50% and 95%, increasing across each of the 10 rounds. There will be one round each day over 10 days, starting from November 1 to November 10.
KuCoin To Launch Margin Trading Service
KuCoin is launching its own Margin Trading Service. The service is planned to be released on October 31, 2019 (UTC+8). It will allow users to trade crypto with leverage, allowing for more trading possibilities and the potential to earn more.
Find out more about the new Margin Trading Service on KuCoin.
KuCoin Reveal The KCS Pay Fees Feature
Continuing on the journey to develop the KCS ecosystem further, KuCoin have announced the ability to use KCS to pay trading fees on the exchange. This comes with the added benefit of a 20% discount on the trading fees paid.
See the rules for the KCS Pay Fees feature.
Lockup KCS And Win 100,000 KCS + A Porsche Macan
Users have the opportunity to win 100,000 KCS and enjoy a Porsche Macan by locking up KCS in the LUCKYKCS address. For every 200 KCS locked up, the user will receive a lucky ticket that can win them a prize if it matches with a lucky code drawn daily from October 29 to November 7.
See what you need to take part in the Lockup KCS event.
KCS Lockup And Cash Back Plan: Round 2
The second round of the KCS Lockup and Cash Back Plan is now underway. Users can lock up their KCS to receive an annualized rate of return up to 30%. The minimum amount needed to take part is 200 KCS.
Read more about the second round of the KCS Lockup And Cash Back Plan.
KuCoin Will Buy Back And Burn 4,500,000 KCS
A total of 4,500,000 KCS will be burnt, in keeping with KuCoin's plan to implement the buy back and burn of the total amount of KCS locked by all users. The buy back will be performed October 30 to November 7, 2019 (UTC+8), with the 4,500,000 KCS burn and release of the burn record taking place on November 7, 2019 (UTC+8).
Learn more about this Buy Back and Burn.
Stay Tuned For More!
KuCoin always has a lot of different events and giveaways taking place, so be sure to check back and see what else is going on. Thank you for your continued support for the People's Exchange.
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