Review on KuCoin Shares by Othere Obtentus
Native coin of KuCoin exchange
KuCoin Shares (KCS) is the indigenous cryptocurrency of the KuCoin market, a comparatively recent yet steadily widening crypto market. KuCoin Shares is a revenue sharing currency that helps traders to generate value from the KuCoin market.
Regular payouts are distributed to those owning KuCoin, with the distribution coming from the revenues received by the exchange. KCS has seen remarkable success as buyers have been willing to put money in a cryptocurrency that rewards them to hold it.
In addition to having rewarded as earnings, the KCS coin may be exploited in the KuCoin network for different purposes. when adopted to reimburse trade costs, there can be significant savings. The allocation of distributions and incentives received by KCS investors depends on how many coins are owned.
Pros
- Dividends and incentives
- Substantial Discounts
- Backed up by a strong team and an already established exchange
- Significant growth in the market
Cons
- Completely associated with KuCoin exchange
- Limited applications outside KuCoin
