Review on KuCoin Shares by David Olayide
KuCoin Shares As An Incentive Program
We all remember the KuCoin exchange platform, and the accommodating features that they have put in place to help clients make the best use of their platform to exchange cryptocurrencies. Well, KuCoin doesn’t just stop at reduced trading and withdrawal fees, it also goes ahead to provide a token that users of the platform can make use of in transactions. The KuCoin Shares (KCS) is the native or local crypto token of the KuCoin exchange platform. KuCoin allows its users to also benefit from the success of the trading platform. But like I have discovered, there is a system to this shared revenue. The amount of dividends or earnings you receive as a holder of KSC, is determined by the number of tokens that you hold.
Now I particularly love this KuCoin idea of sharing incentives with users, because as a holder, you receive something every single day! Every morning you wake up, you will see a difference in your balance. A positive difference that will leave you smiling from ear to ear. KCS is an ERC20 token, and you can exchange it for BTC, ETH, or NEO. About 90, 000,000 is currently in circulation and there’s a total supply of about 180, 000,000 KCS.
I like the fact that this token much unlike other tokens is very profitable. A KCS is currently about $8 in price. There was even a time it reached about 20 dollars and I was very surprised when I found out. Of course, you can only buy KCS on KuCoin but then you must also have other cryptocurrencies in your account. You can store your KCS on any wallet that supports Ethereum because it is ERC 20 based.
Based on my experience in the crypto trading world I say that buying KCS is a good investment because of the price and it’s probability to become very high in the future. So if you use the KuCoin platform, you might as well decide to dabble into their native token called the KuCoin Shares (KCS) for your transactions and trading pleasure.
Pros
- The token is ERC20 based and is compatible for use with Ethereum Wallets
- Very impressive price and track record since inception
- Good for investment
- You earn more rewards and incentives baises on the amount of KCS you hold. The more yiu hold, the greater your incentives.
Cons
- KCS can only be bought on the KuCoin exchange platform
