KuCoin TokenKCS

The exchange coin of KuCoin, which pays holders a daily share of trading fees and burns supply monthly.

Rank #74Since September 2017

Price on 31 Oct 2026

C$9.90 +5.4% since 31 Jul 2026 · 73.0% below its all-time high

The short version

KuCoin Token was issued in 2017 by KuCoin, a Seychelles-based exchange led by CEO BC Wong since Jan 2025. Holders of at least 6 KCS receive a daily bonus funded by a share of trading fees, and monthly burns from a share of net profit aim to cut supply from 200 million to 100 million. KuCoin pleaded guilty in the US in Jan 2025 and paid about US$297M. On 31 Oct 2026 one KCS cost C$9.90. From 31 Jul 2026 to 31 Oct 2026 its price changed +5.4% in Canadian dollars, and it was 73.0% below its all-time high of C$36.72 set on 1 Dec 2021.^[1]

Facts checked 2 Nov 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$18.87 (3 Nov 2025) · low C$8.54 (7 Jun 2026) · -47.6%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$9.89	US$7.08
30 Sep 2026	C$10.54	US$7.41
31 Aug 2026	C$9.57	US$6.90
31 Jul 2026	C$9.38	US$6.69
30 Jun 2026	C$9.83	US$6.91
31 May 2026	C$10.95	US$7.94
30 Apr 2026	C$11.45	US$8.40
31 Mar 2026	C$11.13	US$7.99
28 Feb 2026	C$12.56	US$9.21
31 Jan 2026	C$14.15	US$10.43
31 Dec 2025	C$14.76	US$10.77
30 Nov 2025	C$14.71	US$10.53

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$9.90^[1]
3-month change: +5.4% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 73.0% below its high of C$36.72 (1 Dec 2021)^[1]
Market rank: #74, market value about C$1.4B^[1]
Kind: Token · Ethereum (ERC-20); native gas on KCC
Started: September 2017

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNo mint function in the contract; supply only falls through burns^{[2, 3]}

Can anyone freeze or take coins from holders?YesA blacklister address can block any wallet's transfers; no use found^{[2, 3, 4]}

Can the token's contract code be changed?Not checked yetContract data is not yet available for its network

Is the supply capped?Yes200 million issued in 2017; no mint function, burns reduce supply^{[2, 5]}

Any scheduled unlocks in the next 12 months?YesFoundation (25M) and investor (18M) lock-ups release linearly over 5 years from Mar 2022 (about 2-3% left)^[6]

Does a team or foundation hold over 10% of supply?Not disclosedThe 2022 whitepaper locked 90M for team, investors and foundation; KuCoin now counts 12.5M as non-circulating^{[6, 7]}

Do network fees reach coin holders?YesDaily KCS Bonus from a share of trading fees to holders of 6+ KCS^{[5, 8]}

Main network hacked or halted in the past 2 years?NoNo KCS contract exploit; the Sep 2020 hot-wallet hack is older than 24 months^{[9, 10]}

Is a regulator or court case targeting the coin itself?NoUS case closed with the Jan 2025 guilty plea; CFTC consent order settled Mar 2026^[9]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Issuer: KuCoin, founded 2017 by Chun Gan, Ke Tang and Johnny Lyu; Seychelles; CEO BC Wong since Jan 2025^[9]
Admin powers: A blacklister address can block any wallet's transfers; the owner is a multisig (GnosisSafeProxy); no mint function^{[2, 3]}
Lock-ups: Mar 2022 whitepaper: 65M founding-team and 25M investor KCS locked, with 20M burned and 32M donated to the KCS Management Foundation^[6]

Supply

In circulation: 139.66M KCS of 142.16M in total (98.2%)^[1]
Maximum supply: None set^[1]
Total: 142,155,021.74 KCS after the 66th burn (Dec 2025); circulating 129,655,021.74^[7]
Burn rule: Monthly burns funded by a share of KuCoin's net profit, aiming for 100 million from the initial 200 million^[5]
Latest burn found: 66th burn, Dec 2025: 20,240 KCS (about US$244,475); about 21.2M KCS burned in the year to Mar 2025^{[7, 5]}
Vesting: 25M foundation and 18M investor KCS release linearly over 5 years from the Mar 2022 whitepaper^[6]

Use and fees

Main use: Fee discounts and the daily KCS Bonus at KuCoin; gas on the KCC chain^[5]
Who gets fees: 2018 rule: 50% of trading fees to holders of 6+ KCS; the 2025 blog describes only a share of fees^{[8, 5]}
KCC chain: KuCoin Community Chain launched 2021; KCC fees were US$1,380 in the past year (DefiLlama)^{[6, 11]}

Trading

Daily trading: About C$15.8M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 0.36% of its market value changes hands each day^[1]
20-week average: 0.6% above its 20-week average price^[1]
1-year change: -47.5% in C$^[1]^[12]
Thin trading: Typically under 1% of its market value trades in a day^[1]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[13]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: The KCS contract has a blacklist function: a single blacklister address can block any wallet from sending or receiving KCS.^{[2, 3]}

KuCoin admitted a US unlicensed money-transmitting charge in Jan 2025 and agreed to pay nearly US$300M; a CFTC settlement followed in Mar 2026.^[9]
KuCoin was authorised under MiCA in Austria in Nov 2025 and listed by France's AMF in Dec 2025; it has since suspended trading in Austria.^[9]
The latest KCS burn notice found is the 66th, for Dec 2025 (20,240 KCS).^[7]
A single blacklister address can block transfers for any wallet; no blacklisting event was found.^{[2, 3]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.