Review on KuCoin Shares by Wisdom BOATENG
KuCoin Shares - Users benefit from the success of KuCoin
KuCoin users have the unique chance to hold KuCoin shares, in order to receive discounts during trading as well as dividends from trading fees collected on the platform. This daily bonus corresponds to the redistribution of 50% of the trading fees paid by its users. To obtain these daily dividends, it is sufficient to hold at least 6 KCS. The more KCS you have, the more bonuses you will get. KCS has a total of 200 million tokens in circulation, each quarter the company uses 10% of its profits to redeem and burn the tokens. The operation should take place until there are only 100 million tokens left in circulation. This ensures the scarcity of tokens and an increase in value.
Owning KCS represents in my opinion a better investment because, through the latest innovations, KuCoin and its native currency KCS are promoted for long-term growth.
Pros
- KCS holders receive daily dividends in cryptocurrency.
- 0.1% commission than Binance, a discount is applied for KCS holders and low withdrawal fees.
- Higher-level KCS users receive individual consulting services for faster investment strategies and customer service.
Cons
- The development of their offer is not as fast as expected.
- Too much is reserved for the founders (35%).
