Review on KuCoin Shares by Robiul Islam
Kucoin Shares is the currency for powering fast growing exchange.
If it doesn't turn to the size of Big Exchanges, as long as it continues to enjoy a well betterment rate the dividend will suffice to rise. And one would imaging the value it will also enhancement alongside the flourishing dividend giving investors both passive income and capital appreciation.
What is KuCoin Shares?
Kucoin Shares or KCS is the currency for backed by the popular and fast growing exchange. Holding KCS offers investors passive income through KCS rewards and allows traders to lower their own trading fees by paying with KCS.
How do Kucoin Shares Work?
Depending on how many coins are distributed on dividends and exemptions collected by the KCS holder. For example, the KCS number exceeds the technical number / taker fees up to a maximum of 135,000 or more KCs, 0.0125% minimum fee for workers and 0.03% for takers. This tiered discount replaced the initial discount program which gave 1% discount for every 1,000 KCS held.
Great investment if you use the exchange and want to reduce fees or simply hold for value.
Pros
- Backed By One Of The Quickest Rising Exchanges.
- Use Of Kucoin Exchange Drives Price Action.
- Holding The Token Reduces Trade Fees.
- It Provides Holders With Passive Earnings.
- Very Low Circulating Supply.
Cons
- It’s easy to explain but hard to research. Price relies solely on the exchange surviving and functioning. Any hacks or security issues will drive price down fast.
