What is the KCS Loyalty Level Program?
The KCS Loyalty Level Program allows KuCard users to earn extra rewards on top of their regular KCS staking returns. Starting from March 13, users can earn up to 8% cashback on qualifying purchases, credited in the form of KCS staking.
How does the KCS Loyalty Level Program work?
Users earn cashback on qualifying purchases made with their KuCard, in addition to the KuCard Cashback Program. The cashback percentage varies based on the user's loyalty level within the KCS Loyalty Level Program.
How do I join the KCS Loyalty Level Program?
To join the KCS Loyalty Level Program, you need to stake at least 1 KCS in the KCS Staking product. Your loyalty level is determined by the ratio of your KCS staking holdings to your total account assets.
What are the different loyalty levels and their criteria?
In addition to the regular cashback, users can earn extra cashback based on their KCS staking level:
Tier | Additional Cashback | Cashback Cap | Criteria |
K1 | 0.3% | €10 | KCS Staking holdings / Total Account Assets ≤ 1% |
K2 |
1% | €20 | KCS Staking holdings / Total Account Assets between 1% and 5% |
K3 | 2% | €25 | KCS Staking holdings / Total Account Assets between 5% and 10% |
K4 | 5% | €50 | KCS Staking holdings / Total Account Assets > 10% |
For more details on the existing cashback program, please visit KuCard Cashback Program.
How are loyalty levels updated?
Loyalty levels are updated daily at 07:00 (UTC+8), based on the average value from random snapshots taken over the past 24 hours. Users can monitor their current staking ratio in real-time, with updates occurring every hour.
How can I maximize my benefits with the KCS Loyalty Level Program?
To maximize your benefits, stake more KCS to reach higher loyalty levels. The more KCS you hold and stake, the more rewards and perks you can enjoy.
How is cashback distributed?
The KCS staking percentage is calculated daily and distributed to the user's account on the 16th of the following month.
Examples of Cashback Earnings:
1. VIP 0 (Below 10,000 USDT)
*K1 (1% + 0.3% Cashback)
- If you spend €500 in a month, you can earn up to €5.00 in regular cashback and an additional €1.50 from the KCS Staking Bonus.
- Calculation: €500 * 1% = €5.00 (regular) + €500 * 0.3% = €1.50 (bonus) = €6.50 total
*K2 (1% + 1% Cashback)
- If you spend €1,000 in a month, you can earn up to €10.00 in regular cashback and an additional €10.00 from the KCS Staking Bonus.
- Calculation: €1,000 * 1% = €10.00 (regular) + €1,000 * 1% = €10.00 (bonus) = €20.00 total
2. VIP 1-4 (10,000 – 20,000 USDT)
*K3 (1.5% + 2% Cashback)
- If you spend €2,000 in a month, you can earn up to €30.00 in regular cashback and an additional €25.00 from the KCS Staking Bonus.
- Calculation: €2,000 * 1.5% = €30.00 (regular) + €2,000 * 2% = €25.00 (bonus) (capped at €25) = €55.00 total
*K4 (1.5%% + 5% Cashback)
- If you spend €3,000 in a month, you can earn up to €45.00 in regular cashback and an additional €50.00 from the KCS Staking Bonus.
- Calculation: €3,000 * 1.5% = €45.00 (regular) + €3,000 * 5% = €50.00 (bonus) (capped at €50) = €95.00 total
3. VIP 5-7 (Above 20,000 USDT)
*K1 (2% + 0.3% Cashback)
- If you spend €500 in a month, you can earn up to €10.00 in regular cashback and an additional €1.50 from the KCS Staking Bonus.
- Calculation: €500 * 2% = €10.00 (regular) + €500 * 0.3% = €1.50 (bonus) = €11.50 total
*K2 (2% + 1% Cashback)
- If you spend €1,000 in a month, you can earn up to €20.00 in regular cashback and an additional €10.00 from the KCS Staking Bonus.
- Calculation: €1,000 * 2% = €20.00 (regular) + €1,000 * 1% = €10.00 (bonus) = €30.00 total
4. VIP 8-10 (Above 20,000 USDT)
*K3 (2.5% + 2% Cashback)
- If you spend €2,000 in a month, you can earn up to €50.00 in regular cashback and an additional €25.00 from the KCS Staking Bonus.
- Calculation: €2,000 * 2.5% = €50.00 (regular) + €2,000 * 2% = €25.00 (bonus) (capped at €25) = €75.00 total
*K4 (2.5% + 5% Cashback)
- If you spend €3,000 in a month, you can earn up to €75.00 in regular cashback and an additional €50.00 from the KCS Staking Bonus.
- Calculation: €3,000 * 2.5% = €75.00 (regular) + €3,000 * 5% = €50.00 (bonus) (capped at €50) = €125.00 total
5. VIP 11-12 (Above 20,000 USDT)
*K1 (3% + 0.3% Cashback)
If you spend €500 in a month, you can earn up to €15.00 in regular cashback and an additional €1.50 from the KCS Staking Bonus.
Calculation: €500 * 3% = €15.00 (regular) + €500 * 0.3% = €1.50 (bonus) = €16.50 total
*K2 (3% + 1% Cashback)
If you spend €1,000 in a month, you can earn up to €30.00 in regular cashback and an additional €10.00 from the KCS Staking Bonus.
Calculation: €1,000 * 3% = €30.00 (regular) + €1,000 * 1% = €10.00 (bonus) = €40.00 total
*K4 (3% + 5% Cashback)
If you spend €3,000 in a month, you can earn up to €90.00 in regular cashback and an additional €50.00 from the KCS Staking Bonus.
Calculation: €3,000 * 3% = €90.00 (regular) + €3,000 * 5% = €50.00 (bonus) (capped at €50) = €140.00 total
Viewing Cashback Earned
1. Log in to Your KuCoin Account:
- Open the KuCoin app or visit the KuCoin website and log in with your credentials.
2. Navigate to the Funding Account Section:
- Go to the "Assets" tab and select "Funding Account - KuCard" from the menu. Here, you can see your total balance and available cashback details.
3. Check Available Cashback:
- In the "Available Cashback" section, you will see the amount of cashback you have earned and any pending cashback. For example, you might see "Earned: 1.29934265 KCS" and "Pending: 2.38781019 KCS."
4. View Recent Transactions:
- Scroll down to the "Recent Transactions" section to see a list of your recent transactions, which can help you track where your cashback is coming from.
5. Access KCS Bonus Details:
- Click on the "KCS Bonus" pop-up to view detailed information about your earned and pending cashback. This section will also show your loyalty level, such as "Explorer," and provide an option to view more details.
By following these steps, you can easily monitor and redeem your cashback rewards from the KCS Loyalty Level Program.
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