Details about Wrapped KCS cryptocurrency
€18,685
28.972
Unknown
https://kcc.io/
Wrapped KCS price charts
WKCS exchanges
Wrapped KCS, the crypto
Wrapped KCS (WKCS) is a wrapped version of the native token of KuCoin exchange, KCS (KuCoin Shares). It is an ERC-20 token built on Ethereum blockchain where each WKCS token is backed by one KCS token.
The point
The main point of Wrapped KCS (WKCS) is to allow KCS holders to participate in the Ethereum ecosystem without having to sell their KCS tokens. By wrapping KCS into an ERC-20 token, KCS holders can now use their KCS to access DeFi applications and services on the Ethereum blockchain.
The problem
Wrapped KCS (WKCS) tries to solve the problem of limited interoperability between different blockchain networks. By wrapping KCS into an ERC-20 token, KCS holders can unlock the liquidity of their KCS tokens and use them in the Ethereum ecosystem, which was previously not possible.
Compare WKCS and BTC performance
| Timeframe | WKCS | BTC |
|---|---|---|
| 1h change | -1.07317 % | -1.20369 % |
| 24h change | 1.1 % | -1.67734 % |
| 7 day change | -20.25 % | -13.4064 % |
| 14 day change | -21.22 % | -9.86769 % |
| 30 day change | -31.91 % | -1.25024 % |
| 200 day change | 73.94 % | 114.805 % |
| Year change | -3.72 % | 105.794 % |