Bibox token v Kucoin shares which is a better investment
I did this post awhile back but there has been some changes in what the tokens do and the price/volumes have changed a lot too. They are interesting tokens and I think they have a much better use case then the BNB Binance token.
Kucoin shares: KCS
Pay you a daily dividend of 50% of the total fees on the exchange daily. Pay outs are in the coins that are traded, so the higher the trade volume for a coin the more of that coin you will receive. Kucoin will spend 10% of exchange profits buying back and burning Kucoin shares.
Exchange 24hour volume $93,149,976 usd
Rank 23rd
Total supply 180,730,576 KCS
Circulating supply 75,730,576 KCS
Market cap: $280,385,64
Exchange trading fees 0.1% both Taker and maker
Bibox: BIX
Pays out a daily dividend of 30% and you get a 50% discount on trading fees when you trade with Bibox token. Every year 25% of the profits will be used to buy back Bix tokens and burn them until the total tokens reach a value of 200 million.
Exchange 24 hour volume $131,979,124 usd
Rank 18th
Total supply 269,944,749 BIX
Circulating supply 104,340,066 BIX
Market cap $78,098,145 usd
Exchange fee with token 0.05% taker fee, maker fee 0.00%
Conclusion: Both are pretty good and have come down from recent highs but i would have to say im leaning toward Bibox atm as the market cap is so much lower(KCS is 3.5 times higher), the volume on the exchange is higher, the recent change that pays you a 30% daily dividend and the exchange itself has less fees. Even tho Bibox seems to be doing this shady Cunbi Bao thing its still a good exchange with the lowest fees.
Bibox:
https://www.bibox.com/login/register?id=11143815&lang=en
kucoin:
https://www.kucoin.com/#/?r=7RtKRr
Cryptoslice Facebook: https://www.facebook.com/cryptosliceaustralia/
This is not professional financial advice please do your own research before making any investments.