KuCoin Lists KLUB Token, Boosts KCS Price by 9.8%

KlubCoin, known for its rewards network for electronic music fans, had previously seen success on decentralized platforms.

KuCoin Lists KLUB Token, Boosts KCS Price by 9.8%
KuCoin Lists KLUB Token, Boosts KCS Price by 9.8%

The cryptocurrency exchange KuCoin announced it would begin listing KlubCoin’s KLUB token on November 1.

As a result, the price of KuCoin’s native token, KCS, increased by 9.8 percent over the past 24 hours to reach $5.68. As a result of the announcement, KCS’s share price has risen by 22.2% over the past week.

On Tuesday, at ten o’clock UTC, KuCoin announced that it would permit the trading of the KLUB token, which serves as the basis for the KlubCoin rewards network for electronic music fans.

On Wednesday morning, at ten o’clock UTC, the cashier will begin accepting withdrawals.

After having successful debuts on decentralized platforms TrustSwap, Seedify, Bullperks, GameFi, and Gamespad, which helped KlubCoin raise over $700,000, the listing marks the first time that KLUB will be traded on a central exchange.

Since its release, the KlubCoin software has been downloaded by more than 20,000 individual wallets.

It enables users to purchase tickets, merchandise, drinks, and VIP tables, among other things, at over 50 venues across the world to radically alter the connections that now exist between electronic music enthusiasts and those who work in the business.

KuCoin is expanding its reach beyond its Asian base to reach an audience in other parts of the world, and the KLUB listing is a significant step in that direction.

KlubCoin has announced that it intends to join other major centralized exchanges shortly to continue its rapid expansion.