If you've never heard of KuCoin it's probably because they're relatively new, with some cool new features that should make them a premiere exchange in 2018. The KuCoin platform launched just months ago and they intend on grabbing some trading volume from the monsters like Bittrex, Poloniex, and Kraken. Since word has apparently started getting out about its trading platform KuCoin has begun to rocket. But what makes it special? What are the downsides?
Basically, in a nutshell, the one downside I give it is it's lack of what most would consider some main Coins in crypto.
They do have a lot of options for altcoins such as Rchain, Dragonchain, etc.
The good far outweighs the bad! For starters their trading view is far superior than most others I've used and gives real time charting. Also they have a Bonus Plan. KCS which is basically a profit sharing system giving back 90% of trading fees back to its users and coin holders. This alone will drive demand for the coin up enough to handle at least another 100% in Q1 by my estimates especially as they add more coins to the trading list.
Look at that trading view on the KuCoin platform! This is what user's from places like TD Ameritrade are expecting in a trading platform. Not that there's anything wrong with Bittrex and Poloniex for instance but the user experience being visually stimulating will help in creating long term user growth.
KuCoin's unique approach in profit sharing will drive them past other exchanges. While some exchanges have their own token you can invest in, they don't all offer a profit sharing system for those who hold the coin. KuCoin DOES share 90% of it's trading fee revenue with those who hold KuCoin. They Call this feature the Bonus Plan. KCS Holders will recieve 50% of trading revenue per day. On top of that, 40% will be given out as Invitation Bonus to grow the user base to create more trading which increases overall revenue for the KuCoin community.
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