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Baku
2 Level
48 Review
52 Karma

Review on KuCoin Shares by Saleh Bayramli

Revainrating 5 out of 5

Today I am going to talk you about Kucoin Shares token and its features.

Kucoin Shares (KCS) is the self-issued coin of the Kucoin exchange. Kucoin is one of the most famous decentralized exchanges in the world. This coin works exactly with the logic of a share. Kucoin distributes dividends from their daily earnings to people who hold their coin. In other words, you become a partner in the daily income of the site at the rate of your coin. You must have at least 6 KCS to receive dividends.

Kucoin currently charges 0.2% commission on every transaction and distributes half of that fee, or 0.1%, to KCS holders. The daily trading volume of the Kucoin exchange is currently around $70 million, which means that $70,000 is distributed daily to those holding KCS.

KCS t one of the most innovative Koinè the Bitcoin world because it works with a stake in logic as am. In 2019, Kucoin is expected to become one of the top 10 exchanges, if this happens, the daily trading volume will increase by at least 6 times and as a result, both the value and daily distribution of KCS will increase significantly.

If you store 1 coin, will you earn 200+ different coins every day?

The system allows users to generate passive income simply by holding tokens. The company currently distributes 50% of its commission income to customers, but it is important to note that the interest rate will decrease in the future.

The payment is credited to the users' balance every day at 0:00 (UTC + 8), after the financial team calculates the trading commissions from each pair on the platform.

Therefore, it is possible that when you wake up in the morning and take a look at your total balance on KuCoin, you will see that you have a little more bitcoins, Nano, Dragonchain and a few hundred more tokens that you did not have before.

How to Buy?

To get KCS , you need to be a member of Kucoin. After completing the registration process and activating Google 2-step verification, you need to deposit on the site with Bitcoin or any coin you want. We click the Assets button, select the coin we want to deposit and send our money to the specified address.



Pros
  • it has its own wallet
  • you can get it by airdrops
Cons
  • nothing bad

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