KuCoin Exchange Review - Passive income exchange? KuCoin Legit? Should I invest in Kucoin?
KuCoin is a crypto exchange based in Hong Kong the exchange was launched in September 2017. The platform has its own token called KuCoin Shares (KCS), and there is a discount in trading fees when you trade using the kucoin token, the mode of operation of kucoin is just similar to that of Binance BNB. But in kucoin its operation is based on a crypto to crypto basis, no fiat currency is supported in the exchange.
Why Traders Should Trade At KuCoin ?
There are lots of benefits for a trader/investor who trades at kucoin KCS, some of the features that make it awesome for trade include:
• Lots of cryptocurrencies offered
• Fast Exchange & Withdrawels
• New cryptocurrencies: Kucoin is mostly known for posting new cryptocurrencies before it hits other traditional crypto exchanges, the website already talks about new cryptocurrencies to be added to the platform anytime from now.
A tons of
• Mouthwatering promotions offered: A trader in the kucoin platform will enjoy a wide variety of promotions. If you trade in kucoin shares(KCS) you are rewarded 30% discount on trading fees, and traders in NEO are rewarded with GAS every day, also traders who have KCS in store are rewarded with a share in the 50% of trading fees that will be redistributed every day.
• Trading charges: Trading at kucoin is a good experience for traders because it charges a flat fee rate of 0.1% per trade, compared to 0.2% or 0.25% of other crypto exchanges.
What is KCS benefit ?
KuCoin Shares (KCS) are the tokens that belong to the exchange similar to Binance
You can buy KCS tokens on their Exchange directly. Kucoin Shares grant variety of bonuses including income from fees, lower trading fees and other special services.
To improve user involvement and exchange vitality, they are going to award incentive bonus, which equals to 50% of the total trading fees charged by the platform, to users who hold KCS in their accounts on the Exchange. Daily Payouts!
What is Kucoin Bonus? (KCS Bonus)
Kucoin KCS are raising the ratio of Kucoin Bonus from 10% to 50% to KCS holders, for example, user Micheal holds 10000 KCS in his account on our exchange. Let’s say in December the average volume of kucoin entire exchange per day is 10000 BTC, according to current fee rate, the trading fee Kucoin collect per day is 20 BTC. So this user will get 20 * 50% * (10000/100000000) = 0.001 BTC per day, 0.03 BTC per month!
Kucoin Exchange: My Honest Review
For more information about KuCoin Shares : Please visit Kucoin.com
Kucoin review : There are a tons of Promising coins to trade at Kucoin exchange example, Kucoin Share, Red Pulse,IOTA , NEO , Digibyte , Dent, Power Ledger , Kyber Network , Substratum, TenX, Walton , Hshare, Civic, Modum, BlockMason, Quantstamp, Dragonchain etc
Bitcoin information for newbies visit ; Bitcoinnewbies.com