ARCS(ARX) is now available on KuCoin!!

What is KuCoin?

The KuCoin exchange was once one of China's largest exchange platforms competing with other major exchanges. The platform was launched in 2017 and grew rapidly thereafter.

Following the crackdown of domestic exchanges, KuCoin moved operations to Hong Kong but recently registered its parent company in Singapore. KuCoin operates under PHOENIXFIN PTE. LTD. was registered on January 22, 2018.

The platform also completed an Initial Coin Offering (ICO) last year, in which KuCoin raised a large sum of money for investments in technology and marketing efforts. In this ICO, the exchange issued KuCoin (KCS) stock, which is considered another interesting benefit when using the exchange.

KuCoin was started by Michael Gan, a former employee of Chinese financial group Ant Financial, who used to hold the position of CEO. Ant Financial is a subsidiary of Alibaba, and is often referred to as Amazon.com of China.

Since the demand increased rapidly last year, KuCoin has been greatly expanded. Currently, KuCoin has many employees in many offices around the world. They have also expanded exchanges to provide trading services in multiple languages.

KuCoin was founded by a working group with a passion for Blockchain and they have built a strong reputation at industry companies, such as GF Securities, Ant Financial, Youling, Communications. Jianbang pine, and iBOX PAY. KuCoin always aims to provide users with safe and simple method of currency conversion on the most advanced platform.

Although KuCoin is a relatively new choice in the cryptocurrency trading platform, KuCoin's team has proven itself. The research and development team was only assembled in May 2017. There was an angel investment in August and version V1.0 came out a few days later. Since then, the team has launched the KuCoin Bonus Package, many additional currencies and mobile apps for both Android and iOS.

While the KuCoin exchange is still in its infancy, the founding team has been conducting research related to Blockchain technology since 2011 and the technical architecture of the exchange platform was completed in 2013. This has been Provide the group for many years to upgrade details and continuous service.

Is KuCoin exchange safe?

KuCoin is a relatively secure exchange. As of now, no attack has occurred on the system yet and users are protected by a variety of personal authentication tools. In addition, before making a transaction, users are always required to turn on 2-factor authentication (2FA) to ensure account security.

KuCoin uses the most advanced transfer encryption protocols when moving data through the system. The exchange also has some internal procedures for handling special customer information. KuCoin has special personal authority in place to prevent any type of fraud.

KuCoin is still a relatively new trading platform and KuCoin still needs a lot of efforts to become more popular than other major exchanges.

However, whether it is a new or reputable exchange, users should never store large amounts of Coin in a trading account. You need to store in hardware wallets or cold storage.

And now ARCS has been listed on the KuCoin exchange and ARCS exchange we are together to learn.

What is ARCS (ARX)?

ARCS is a token in the AIre project ecosystem. ARCS denoted as ARX is used to reward users in the ecosystem. This ecosystem is focused on a data bank. This bank will contain user data and provide it to 3rd parties. 3rd parties will pay to get data to serve their activities. Finally, data providers will receive ARX tokens as a reward.

As everyone knows the data, our habits are all valid. But for now, most of this data is taken without our permission.

We thought Facebook was free. In fact, Facebook is not completely free. If free, how to maintain the company? They take our daily data for their own purposes. For example, you text on Facebook Messenger to a friend from Pizza. Then, you surf the bulletin board to see a series of ads. Which is Pizza Hut, Domino’s Pizza, ... This is that they have taken our data to run ads.

So what does it have to do with ARCS? The relevance here is your personal data. You will receive ARX when you contribute your information in the information banking ecosystem. Not taken away without the permission of users like Facebook did.

How will ARCS work?

Receive information.

Users provide personal information such as gender, health status, accommodation, social networks ... ARX will then give a reward to the user.

Save the information.

The information provided will then be stored on the blockchain. The blockchain platform, thanks to its superior technology and distributed characteristics, cannot be stolen or modified.

Information extraction

Businesses or organizations will work with Alre to get APIs to access the database. In addition, they can also choose to buy once off.

ARCS development team (ARX).

Information about ARCS token (ARX)

Symbol: ARX.
Contract address: 0x20b1a8a9ca1c7302b7f774266c491c7b11622779
Blockchain: Ethereum.
Token Type: ERC-20.
Total supply: 20 billion.
Homepage: https://www.arcs-chain.com/

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