Join Kucoin now !! : https://www.kucoin.com/#/?r=1rNNH
There was once a very young cryptocurrency trading platform in the town --- Binance who stole the limelight from Bittrex as the most popular exchange for cryptocurrency. And Binance did it in less than 6 months!
All this achievement was possible thanks to Binance's new business model, trade competitions which promises attractive prizes, aggressive coin listing and also referal system. But there's much more to it. Binance has its own token, which is called BNB token. The purpose of this BNB token is to pay off your trading fee, saving up to 50% of your trading fee. Since then, BNB token skyrocketed 50x and more!
Introducing Kucoin!
Kucoin plans to take what Binance did to a whole new level! Kucoin charges a 0.1% fee for every trade both from buyer and seller, summing up to 0.2% fees per trade. And 50% of this fee will go directly back to KCS holders! KCS is Kucoin shares which Kucoin exchange own token just like what Binance did. But you will earn passive income by just hodling this token! As of now it's around 7$! I do think it's still early and no many are aware of such exchange!
So how much can you earn by hodling Kucoin shares?
Let's say you decided to buy 10k$ worth of KCS,
Current KCS price is : 7$
Amount of KCS you can buy now : $10 000 / 7$ = 1428
Daily volume : $151,887,748 (Source : https://coinmarketcap.com/exchanges/volume/24-hour/)
Fees collected : $152 000 000 (for simplicity) x 0.2% = $304 000
divident paid out : $304 000 x 50% = 152 000$
Circulating supply : 91,043,076 coins (once again provided by cmc)
Your share of the dividents: $152 000 x (1428/91 043 076) = 2.23$ per day
You might say this is not much at all! But let's say what if Kucoin become the next BInance? Binance today is trading around 5 billion dollar per day. But lets say conservatively Kucoin can reach 1 billion dollar transaction volume per day. The daily volume will 9x of what you're having today! Which earns you of around 18$ per day! So in 30 days you'll earn around 540$! Which is not bad at all.
DO keep in mind that, if you reinvest those money you earned to buy more KCS. There's potentially a handsome amount of passive income snowballing everyday into your pocket! To date, KCS already has achieved astronomical growth of 700% since it's first launched!
Additional benefits
KCS you hodl will grow in value along with the popularity with Kucoin. As daily trade volume increases, KCS token will rise in price too! In years it might grow as much as 50-100x in price as more traffic comes in.
The dividends you received are not in dollar or KCS. But you will receive all kind of cryptos including NEO, BItcoin, Ethereum and etc! So you can earn way more if those top coins will rise more in the future!
VIdeo explanation by Kucoin themselves :
Join Kucoin now !! :
https://www.kucoin.com/#/?r=1rNNH