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Bitkub Chain is a popular blockchain network developed by Bitkub Blockchain Technology. It utilizes a native token standard known as KAP-20, which draws inspiration from Ethereum's ERC standard. KAP-20 ensures high interoperability and security within the ecosystem and is employed for creating tokens like KKUB, KUSDT, KBTC, and more. Bitkub Coin (KUB) serves as the native utility token on the Bitkub Chain and is listed on various exchanges. It offers several utility functions, including on-chain gas fee payment, conversion to fee credits on the Bitkub Exchange, locking, and exchanging with other digital assets.
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What is the description of Bitkub Chain?
Bitkub Chain aims to be an infrastructure of the Thai blockchain ecosystem by allowing anyone to interact with decentralized applications or their digital assets with an affordable transaction fee, high-speed confirmation time, and transparency to everyone.
Bitkub Coin (KUB) is a native and utility coin of the Bitkub Chain that is used to fuel, operate, and govern the Bitkub Chain ecosystem. KUB has multiple utilities such as paying transaction fees, redeeming trading fee credit on Bitkub Exchange, and also transferring KUB to one another.
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