Introduction to Bitkub Coin (KUB)

If you're interested in KUB, there are key points to note about this unique cryptocurrency.

Bitkub Coin, known as KUB, is a notable cryptocurrency from Thailand. Launched in May 2021 by Bitkub Online Co., Ltd., KUB operates as the native utility token on the Bitkub Chain. It's listed on multiple exchanges and offers diverse functionalities.

Here are the tokens currently available for Bitkub users with CoinRotator trends.

KUB's Purpose and Utility

KUB's roles within the Bitkub ecosystem include:

• Trading Fee Discounts: Users holding KUB benefit from reduced fees on the Bitkub Exchange.
• Participation in IEOs: KUB allows users to engage in Initial Exchange Offerings on Bitkub.
• Community Incentives: The token is employed for various community engagement rewards.
• Staking Rewards: Holders can earn by staking KUB.
• Payments and Ecosystem Development: Bitkub aims to extend KUB's utility to services like payment processing and DeFi solutions.

Like Binance Coin and Huobi Token, KUB supports its platform in several ways.

Tokenomics of KUB

KUB, an Ethereum-based ERC20-compatible utility token, has a maximum supply of 110 million. Token distribution is as follows:

• 40% to Token Sale
• 30% for Platform Growth
• 15% to Team and Founders
• 8% to Advisors
• 7% for Community Rewards

Bitkub ensures fair distribution through a token lock-up and vesting schedule.

Team Background

Bitkub Online Co., Ltd. was founded in February 2018. CEO Jirayut Srupsrisopa, a fintech and digital marketing expert, leads the company. The team's diverse expertise in finance, technology, and compliance has been pivotal in Bitkub Exchange's success.

Governance and Future Developments

Bitkub plans a governance model for KUB, empowering token holders with voting rights. Future services include micro-loans, DeFi solutions, and insurance products.

Conclusion

KUB, a key token for Thailand's Bitkub Exchange, offers significant value within its ecosystem. As digital assets gain traction, KUB is poised to become a prominent exchange token in the region.

Bitkub Coin Price Analysis

As of December 25 2024 Bitkub Coin has a marketcap of $186M. This is {{percentagefromath}} from its all time high of $17.24. In terms of its tokenomics, there's a total supply of 110M with 81% currently outstanding. Keep in mind Bitkub Coin has a fully diluted value of $230M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude