KucoinKucoin KCS news

The native currency of the KuCoin exchange platform that allows holders to profit from the success of the exchange
Price, 24h
1.14 USD / 0.00013060
0.85% / 6.01%
Volume, 24h
9,065,518 USD
0.00%
Marketcap
98,945,090 / 0.04%
Emission
Chart price/vol/NIS 7d
Asset details

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KuCoin and Bitbns to support Binance Coin

KuCoin lists Binance’s native cryptocurrency, with India-based Bitbns following suit, making BNB accessible to another 1.3 billion people. Binance Coin reaches a broader audience In a blog post, KuCoin, a Singapore-based cryptocurrency exchange, announced that it will support the projects running on Binance Chain and list Binance Coin (BNB) in order to meet its users’ demands for new blockchain technologies. Binance Coin (BNB) is now on KuCoin. Supported trading pairs include BNB/BTC and BNB/USDT. Deposits will open at 16:00 on June 19, 2019 (UTC+8), trading will start at 18:00 on June 19, 2019 (UTC+8) and withdrawal will open at 18:00 on June 21, 2019 (UTC+8).#KCS #BNB #BTC #USDT pic.twitter.com/e4NxFmTEgg — KuCoin Updates (@KuCoinUpdates) June 19, 2019 Deposits and trading against Bitcoin and Tether became available on the platform as of June 19, but withdrawals will go live on June 21. According to Michael Gan, CEO of KuCoin, the listing of Binance Coin goes alongside the firm’s mission to support promising blockchains and push the mass adoption of blockchain technology. KuCoin is always willing to support promising blockchain projects that bring values to the world. Blockchain mass adoption is the end game and we are all going after the same objective. 💪 https://t.co/pV1UA0ILin — Michael Gan (@gan_chun) June 19, 2019 The initiative was well received by Changpeng Zhao, CEO of Binance, who emphasized that now BNB will be available to investors from a new region that his company had not been able to service before. Very smart move from KuCoin to support #BinanceChain and $BNB. 1. Access to many strong projects already (and will be) on Binance Chain. 2. Attract BNB traders and holders, especially users we had not been able to service. https://t.co/7EX5bC1kAR — CZ Binance (@cz_binance) June 19, 2019 Following KuCoin’s steps, Bitbns, one of the newest exchanges in India, also announced that it will support Binance Coin. Although trading and withdrawals are not available yet, Bitbns customers can now deposit the tokens into the exchange. BNB deposits are now live on bitbns @cz_binance This opens access to bnb to a billion + Indians with fiat. pic.twitter.com/MKwD2o77L2 — Bitbns (@bitbns) June 19, 2019 Zhao took to Twitter to express that the listing will make Binance Coin accessible to another 1.37 billion people. Opens the door to another 1.37 billion people. #usebnb #buybnb https://t.co/ayqIU1ZdNG — CZ Binance (@cz_binance) June 20, 2019 At press time, the price of BNB did not appear to respond to the news. BNB Technical Analysis On the 1-day chart, there is a bearish divergence forming since the price of BNB has been reaching higher highs while the Relative Strength Index has been making new lows. This bearish pattern does not provide a precise selling point, but it could be signaling that the bullish momentum that this cryptocurrency has gone through could soon change in direction. The TD Sequential Indicator also gave a sell signal with a sequential thirteen candlestick. If Binance Coin was indeed poised to retrace, a move below the 7-day moving average could be used as a confirmation point. Breaking below this moving average could take BNB down to test the 50 or the 100-day moving averages,  sitting at $30 and $25, respectively. However, it is likely that volume will start picking up given the listings on KuCoin and Bitbns, which exposes the token to a broader range of investors. If BNB moves above the recent high of $36.40, the bullish trend will continue. BNB/USDT chart by TradingView The post KuCoin and Bitbns to support Binance Coin appeared first on CryptoSlate.
Cryptoslate

KuCoin Becomes First Major Crypto Exchange To List Rival Binance Coin

Cryptocurrency exchange KuCoin has become the first in the industry to host the in-house token of a competitor trading platform, Binance. KuCoin: Exchanges Have ‘Same Objective’ Announced on June 18, KuCoin now provides trading support for Binance Coin 00, the native asset of exchange Binance. Binance Coin (BNB) is now on KuCoin. Supported trading pairs include BNB/BTC and BNB/USDT. Deposits will open at 16:00 on June 19, 2019 (UTC+8), trading will start at 18:00 on June 19, 2019 (UTC+8) and withdrawal will open at 18:00 on June 21, 2019 (UTC+8).#KCS #BNB #BTC #USDT pic.twitter.com/e4NxFmTEgg — KuCoin Updates (@KuCoinUpdates) June 19, 2019 The depositing and trading of Binance Coin is scheduled to take place on Wednesday, officials confirmed, with withdrawals expected to go live on June 21. Two pairs will trade: against Bitcoin 00 and stablecoin Tether 00. “KuCoin is always willing to support promising blockchain projects that bring values to the world. Blockchain mass adoption is the end game and we are all going after the same objective,” KuCoin CEO Michael Gan wrote on Twitter. In so doing, KuCoin is the first major exchange to facilitate liquidity in this manner, with Binance CEO Changpeng Zhao hinting at his appreciation. “Exchanges need good projects. How many exchanges can afford to not have access to Binance Chain tokens/projects? If you are going to support it sooner or later, then sooner is better,” he tweeted after the news went live. …By the same logic, [Binance] will have to support other chains as they become available. He added KuCoin had made a “very smart move.” Exchanges Expand As Regulation Looms Those words open the door to a reciprocal gesture from Binance, something holders of KuCoin’s KuShares token 00 had immediately called on to happen. Neither party has yet publicly confirmed further action. Both BNB and KCS saw modest upticks following the partnership in a broadly downward-trending cryptocurrency market on Wednesday. As Bitcoinist reported, Binance has sealed its renaissance since its hack last month which saw the platform lose funds worth $41 million at the time. Using capital from its SAFU fund however, Binance was able to successfully refund all those affected from the security breach. Worldwide, the crypto exchange sector is facing the threat of serious upheaval in the wake of new regulatory recommendations which are set to take effect in around 200 countries. This week, decentralized exchange platform Bancor announced it was freezing out US clients specifically due to unclear regulations in the country. Earlier this week, Zhao said he was actively working on a solution to ensure Binance did not have to do the same. What do you think about KuCoin listing Binance Coin? Let us know in the comments below! Images via Shutterstock The post KuCoin Becomes First Major Crypto Exchange To List Rival Binance Coin appeared first on Bitcoinist.com.
Bitcoinist

KCS Ecosystem Is Now Open!

KuCoin Exchange Platform launched KCS Ecosystem page to have easily access on KCS and related information about it. https://www.kucoin.com/news/en-kcs-ecosystem-page-is-now-live
/r/CryptoMarkets

KuCoin Crypto Exchange Opens Its Market Maker Program & Market Making Incentive Programs

Cryptocurrency Exchange, KuCoin, Launches Its Market Maker Program & Market Making Incentive Scheme On the 12th of June 2019, the Singapore based cryptocurrency exchange platform, Kucoin, announced the launch of a new market making incentive program. The aim of this program is to improve liquidity on the exchange as well as improve its users trading […]
Bitcoin Exchange Guide

KuCoin Market Maker Program and Incentive Scheme

A market maker can either be an individual or a financial institution that provides bids and come up with prices to correspond to certain marketable securities such as in the case of cryptocurrencies. KuCoin introduced this program to make trading experience easier to its users. Join and be part of them. https://www.kucoin.com/news/en-introducing-the-kucoin-market-maker-program-and-market-making-incentive-scheme
/r/CryptoMarkets
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Coin Source Will Bring Dai to Its ATM Users

Stable currencies are all the rage as of late, primarily because they aren’t prone to the price swings and volatility one often witnesses with mainstream digital assets such as Ethereum and Litecoin. If you want to invest in crypto but are nervous about the prospects, stable currencies could be the answer. Now, they’re earning an even larger boost through companies like Coin Source, a Texas-based operator of cryptocurrency ATMs. Coin Source Brings Stability to Crypto The venture recently announced that it would be adding the stable asset Dai to its many ATMs located throughout the southern United States this summer. The addition of the coin is “in preparation” for what the company calls a widespread remittance program, in which workers will be able to send money home to their families in the form of Dai or other cryptocurrencies that they can trade or sell. Travis Gough, chief product officer at Coin Source, comments: In remittances, people want to save as much value and they don’t want to be subjected to the high volatility that you’re seeing in bitcoin and other cryptocurrencies that can be very speculative. Price swings are a persistent worry in the crypto space, and likely never to leave enthusiasts’ minds fully. At the same time, it’s easy to suggest that currencies like bitcoin are suddenly easier to accept given these swings are now traveling north. Since April of this year, bitcoin has been enjoying a serious bull run, having jumped by nearly 200 percent in just the last three months alone. After a lengthy period of traveling through the doldrums at the mid-$3,000 range, the currency began its new string of price spikes last April with a sudden (and unexpected) jump to $5,000. The good news this time around is that bitcoin’s sudden behavior is likely being sparked more by market trends, which will make this bull run more stable than the one that occurred in 2017, reportedly the subject of manipulation by users of the stable currency tether. Along with bitcoin, currencies like Litecoin have also surged in price, heightening the crypto space’s present levels of legitimacy. A New and Improved Way to Send Money The Coin Source remittance service – which will at first be available to customers only in the United States – will allow ATMs to transfer Dai and other digital assets between wallets. Once a customer receives funds, they can forward them to the wallets of selected parties granted those parties have satisfied all of Coin Source’s know-your-customer (KYC) requirements. Receiving individuals can then confirm the funds and trade or sell them accordingly. All transactions occurring by way of Coin Source are recorded onto the Ethereum blockchain. At press time, the company operates more than 230 ATMs in nearly 30 states and in Washington D.C. The post Coin Source Will Bring Dai to Its ATM Users appeared first on Live Bitcoin News.
Live Bitcoin News

Amun AG Launches New Exchange-Traded Product With Data Provided By Bitwise Crypto Index

The fintech firm based in Switzerland, Amun AG, released its new plans to launch an exchange-traded product (ETP) using Bitwise 10 Select Large Cap Crypto Index as a benchmark. The Swiss SIX Exchange has already allowed several other ETPs to operate in the country. Amun AG Works On New ETP Bitwise Index Services has just […]
Bitcoin Exchange Guide

Chainlink (LINK) is launching on Coinbase Pro

Transfer LINK immediately into your Coinbase Pro account ahead of trading. Support for LINK will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Additional regions may be added at a later date.After 10am PT on June 26, 2019, we will begin accepting inbound transfers of LINK to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling full trading.Once sufficient supply of LINK is established on the platform, trading on the LINK/USD, and LINK/ETH order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met. Support for LINK will be immediately available in all Coinbase’s supported jurisdictions, with the exception of New York State. Additional jurisdictions may be added at a later date.Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized oracle network. This network allows smart contracts on Ethereum to securely connect to external data sources, APIs, and payment systems.Please note that LINK is not yet available on Coinbase.com or via our consumer mobile apps. We will make a separate announcement if and when this functionality is added.The stages of this launchThere will be four stages to the launch as outlined below. We will follow each of these stages independently for each new order book. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.We will send tweets from our Coinbase Pro Twitter account as each order book moves through the following phases:Transfer-only. Starting at 10am PT on June 26, customers will be able to transfer LINK into their Coinbase Pro account. Customers will not yet be able to place orders and no orders will be filled on these order books. Order books will be in transfer-only mode for at least 12 hours.Post-only. In the second stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of one minute.Limit-only. In the third stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes.Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time.You can sign up for a Coinbase Pro account here to start trading. For more information on trading LINK on Coinbase Pro, visit our support page.Chainlink (LINK) is launching on Coinbase Pro was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
The Coinbase Blog
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