1 Level
11 Review
7 Karma
Review on KuCoin Shares by Jo Andy
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
- A unique feature of KuCoin that new users might not know about is KuCoin’s own cryptocurrency: KuCoin Shares (KCS). KuCoin has become increasingly popular with cryptocurrency investors recently, growing to over 500,000 users in only 4 months of operation. A lot of this growth was due to the wide variety of cryptocurrencies on offer, along with the fact that KuCoin was one of the only exchanges that hadn’t closed registrations to new users.
Cons
- KuCoin does not offer margin trading, which means that if you want to gear-up your trading, you may either choose another exchange (like Kraken, or Quoinex ), or try out trading cryptos with a forex broker. However, the problem with them is that most of them offer higher levels than crypto-exchanges.
