KuCoin has its own native token called KuCoin Token (KCS). If you hold at least 6 Kucoin Tokens you get a KuCoin Bonus daily. The bonus is bascially 50% of kucoins trading fees collected. Without a cap.
Right now the APY is about 20% and KCS price is well below the old ATH of about $21. For 10k KCS ($20k) you get about $14(6KCS)/Day. That is about $400/Month. Here is also a
KCS Calculator for anyone, adjust the values as you want as see what you get.
What I think is that KCS gonna break its ATH and head towards $50-70/coin price.
Ofc, this is not investment advice, dyor.
I've been trading on KuCoin Exchange for about years and also buy/sell KCS. I trade most of my alts there including my major coins/tokens (
) I can say that KCS is not only necessary for KCS bonus but also it can deduct some trading fees especially when you always trade on KuCoin Exchange. As of this writing, KCS is currently at $2.63637 and might go $3 before this week ends.