1 Level
6 Review
1 Karma
Review on KuCoin Shares by cao jiaming
One of the biggest benefits of holding KuCoin shares is that you’re entitled…
One of the biggest benefits of holding KuCoin shares is that you’re entitled to a portion of KuCoin’s profits. Currently, 50% of all trading fees received are distributed amongst KCS holders. As the exchange grows, the KuCoin team plans to slowly reduce this amount to a minimum of 15%.
Pros
- I think kucoin is a great exchanger, they have lots of currencies that support, their transactions are also very fast, and withdrawals are also easy, they have a decentralized blockchain platform in providing realtime prices
Cons
- KuCoin operates on a crypto-to-crypto basis, which means that you cannot exchange your USD for Bitcon, or vice versa. Supporting fiat currencies is an advantage, especially for newcomers in the cryptocurrency world, who don’t have any coins yet. Accordingly, blockchain transfers are the only payment methods accepted by the exchange. Those who’d rather use their credit cards or bank accounts may check out some exchanges which offer such options.
