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5 Review
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Review on KuCoin Shares by Nicole Koch
KuCoin is easy to use, offers good security, has a mobile app, delivers low…
KuCoin is easy to use, offers good security, has a mobile app, delivers low trading fees and gives incentives for trading/ holding KCS. Moreover, the fact that exchanges are closing their doors to new user accounts due to a lack of scalability but KuCoin hasn’t makes it a solid choice for new users who are looking to trade in the altcoin market. That being said, KuCoin is definitely on its way to becoming one of the world’s largest global exchanges.
Pros
- What’s interesting about this exchange is that it follows a profit-sharing system and distributes 50% of their daily overall trading fee revenue to users holding their exchange-based token, KuCoin Shares (KCS). In a similar fashion to Binance, KuCoin offers relatively low tradings fees and incentives for holding (or trading) its native cryptocurrency.
Cons
- may be some limitations in researching the backgrounds of many of these founders/team members due to language barriers. However if the team members are who they say they are, they bring years of experience from renowned companies such as $18.4 billion dollar investment firm GF Securities and mobile payment solution and service provider iBoxPay.
