You have probably heard about Binance - everyone is talking about it. People talk so much about it that Binance has closed for registrations! So, if you want to make an account what can you do?
Click here to create an account on KuCoin
KuCoin: The best alternative for Binance
Well, there is an alternative. It is called KuCoin and is similar. KuCoin needs a minimal amount of information about you, just like Binance. What is special about KuCoin is their KuCoin Shares (KCS). KCS have gone from 0.8 USD to over 10 USD in a very short time. But why?
KuCoin Shares (KCS) and the referral program
KuCoin has a referral program just like most exchanges and services. What is special about KuCoin is that they share up to 90% of the fees collected with the users. So, how does this work? KuCoin charges 0,1% in fees for every trade on their platform. KuCoin keeps 10% of these fees for themselves, and they share the rest - which is 90%. 50% of the fees collected will go to the holders of KuCoin Shares (KCS). You will earn more money, if the exchange is earning more money. In other words, you are getting dividents for having their token.
There's 40% left. These go to the users participating in the referral program. If you invite someone directly, you will get 20% of their fees. If that person invites another person, you will get 12% of that person's fees. If that person goes out and invites another person, you will get 8% of their fees.
KuCoin has many trading pairs
You can buy many crypto currencies on KuCoin, and they are always adding new currencies. This makes the exchange grow. More people will use it, and KuCoin will collect more fees. If they collect more fees, then you will earn more money if you have KCS. You can earn money by trading, holding KCS, collecting dividents and inviting people. This is the perfect exchange for people who want to earn money.