KUB Coin (KUB)

Rank #409

Market snapshot

Price
$0.562861
Market cap
$38.8M
24h volume
$352,309.23
Circulating supply
68,974,776
Total supply
110,000,000
Max supply
110,000,000

What is KUB Coin?

KUB Coin serves as the utility token of the KUB network, designed to enable widespread usage throughout the KUB ecosystem. It is part of a Layer 1 blockchain network that aims to support the new era of the internet.

How KUB Coin works

KUB operates on a Layer 1 blockchain network. It functions as a unit of measurement for the work accomplished by Validators, including validating and confirming transactions, generating blocks, and securing transactions on the KUB Chain network. The Gas Fee is utilized for transaction fees on the blockchain network, including asset transfers and storage, as well as for using smart contracts or decentralized applications.

Key information

Symbol
KUB
CMC rank
#409
Network / platforms

Ethereum

Categories
N/A
Date added
Dec 15, 2021

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Ethereum

    0x0649Cef6D11ed6F88535462E147304d3FE5ae14D

Key characteristics

KUB is part of the Ethereum ecosystem, which allows it to leverage Ethereum's capabilities. The KUB network is designed to support various applications and services, aiming for a more inclusive blockchain environment.

Documented uses

KUB Coin is the utility token of the KUB network with the goal of enabling widespread KUB Coin usage throughout the KUB ecosystem.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is KUB Coin?
KUB Coin (KUB) is a cryptocurrency associated with the KUB network, designed to democratize blockchain access and foster an inclusive future.
How does KUB Coin work?
KUB operates on a Layer 1 blockchain network, functioning as a unit of measurement for Validators and utilizing Gas Fees for transaction processes.
What are the technical characteristics of KUB Coin?
KUB is part of the Ethereum ecosystem, allowing it to leverage Ethereum's capabilities for various applications.
What are the risks associated with transferring KUB Coin?
Digital asset prices can be volatile. Users should verify contract addresses and ensure secure handling of private keys.
How can I verify KUB Coin before acquiring it?
Verify the asset name, network, and contract details before transferring. Ensure the destination address and network are correct.
Where can I find official resources for KUB Coin?
Official resources for KUB Coin include the KUB Chain website and technical documentation available at kubchain.com.

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