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Market News

KuCoin Airdrops KCS Tokens to Typhoon Yagi Victims

Written By:
Dishita Malvania

Reviewed By:
Vaibhav Jha

Last updated: September 16, 2024 6:42 PM
Published September 16, 2024 1:38 PM
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Last updated: September 16, 2024 6:42 PM
Published September 16, 2024 1:38 PM
KuCoin Airdrops KCS Tokens to Typhoon Yagi Victims

In a heartfelt response to Typhoon Yagi’s recent devastation in Northern Vietnam, KuCoin has announced a generous aid initiative to provide relief to the affected communities. 

Demonstrating a strong commitment to corporate social responsibility, KuCoin is set to airdrop up to 10,000 KCS tokens, valued at US$20 each, to those impacted by the disaster.

This significant donation reflects KuCoin’s dedication to global support during crises. The aid will be distributed to eligible users across 25 severely affected cities in Vietnam, including Ha Giang, Cao Bang, and Hanoi. The initiative will start on September 18, with eligible users receiving the funds gradually.

To qualify for this aid, users must be Vietnamese KYC3/KYB verified and have conducted transactions between August 1 and September 12, 2024. The distribution will be managed through KuCoin’s backend systems, and the aid will be delivered as compensation credit vouchers. These vouchers can be exchanged 1:1 for KCS tokens within 30 days via the KuCoin app under “My Coupons.”

KuCoin’s support underscores their ongoing commitment to making a positive impact globally, offering tangible assistance to those in need as they recover and rebuild their lives. 

Also Read: Binance Adds Hamster Kombat (HMSTR) on Launchpool

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Vaibhav Jha - Former Editor In The Crypto Times
By Vaibhav Jha
Vaibhav Jha is an Editor and Content Head at The Crypto Times. He comes on board with a vast array of experience working as a journalist for leading national and international English newspapers. He has a penchant for research and storytelling is his forte. When not working, Vaibhav can be found watching Hindi classic movies or listening to 90's music.

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