Today I will be showing you a few ways how you can make passive income through the new prosperous and emerging crypto-currency exchange called KuCoin.
So sit back, relax and enjoy... (Read time: 3.5 minuets)
What is KuCoin?
KuCoin is a crypto-currency exchange, if you don't know what an exchange is visit my previous post to learn more about that. Similarly to every other exchange KuCoin charges transaction fees to keep their service running, different exchanges charge different fees in different ways however KuCoin is one of the lowest along with Binance. However, the way that KuCoin uses their fees is very different to any other exchange more on this later.
Another similarity between KuCoin and other exchanges is that they have their own native currency KuCoin Shares (KCS). This token can grow in value just like any other coin and when traded you will get an 80% discount on all fees on the KuCoin exchange. The token also has another special property which will look into now...
1. Stake/invest your money into KuCoin & get paid daily dividends
The first technique is to invest some money into KuCoin's token KuCoin Shares (KCS). Once you do this you will receive a daily payment from the KuCoin exchange depending on how much of their token you own. You may be wondering where does this money come from that you will be paid in daily, well KuCoin puts aside 50% of their daily transactions fees to pay users who own their token (KSC)!
Right now this payment isnt much, for example if you invest $100 dollars you will only receive $0.0113 per day which can be calculated on this website. However what makes it worth while is that you get paid in little bits of over 140 coins! This means that you will own so many coins that all have so much potential to grow. Plus the KuCoin token that you own also has a lot of potential to grow as the exchange becomes more and more popular(which it will :D)
2. KuCoin Referral Program
The next way you can earn money with KuCoin is by referring people to the exchange! This program is awesome for many reasons; firstly the person who you refer to KuCoin gets 50% of all trading fees which makes fees extremely low, and perfect for people starting out with trading and buying coins/tokens! Also every time someone who you refer makes a transfer/order you get a 20% bonus of that which you can redeem in one click.
It gets better, if the person you referred to KuCoin also refers someone else you get a 12% bonus of their transactions too! This goes down one more layer where your receive 8% of the third tier of referred people. If this seems confusing review the image bellow and it should clear things up :) Just imagine how big you can get a referral pyramid and how much easy passive income you could receive on a daily basis. This is why there is a lot of hype around this exchange and why KuCoin Shares(KCS) has increased in value so much recently!
Disclaimer: This is all opinionated and not financial advice, make sure to do your own research.
Thank you for reading!
If you are as exited as I am for this amazing new opportunity and appreciate me bringing this to your attention please consider signing up to KuCoin using my referral link. It would help me out a lot to and allow me to continue creating awesome content for you :) - https://www.kucoin.com/#/?r=Rxyvwu
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