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Market News

KuCoin Airdrops KCS Tokens to Typhoon Yagi Victims

Written By Dishita Malvania Dishita Malvania
Fact Checked by Vaibhav Jha Vaibhav Jha
Published 2024-09-16·Updated 2 years ago
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Last updated: September 16, 2024 6:42 PM
Published 2024-09-16
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Last updated: September 16, 2024 6:42 PM
Published 2024-09-16
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
By Dishita Malvania
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Dishita Malvania is a Senior Crypto Journalist at The Crypto Times, based in Ahmedabad, India. She manages extensive daily news operations, tracking global digital asset trends, major international summits, market momentum, and localized exchange environments. Her investigative reporting covers India's evolving regulatory updates and enforcement actions, ensuring comprehensive documentation of regional market upheavals. Dishita holds a B.Tech degree in Computer Engineering, with an additional certification in Digital Media. Before joining The Crypto Times, she built a massive catalog of tech and media coverage. Her core reporting beats include crypto regulation and policy, blockchain security and cybercrime, AI in finance, Web3 infrastructure, and crypto fraud investigations and enforcement actions. Her three years of high-volume digital journalism have shaped her rapid fact-checking capabilities, source communication, and clear reporting style, making her work widely cited across premier global news outlets including Entrepreneur.com, The Independent, The Verge, and Metro.co.uk.
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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