Review on KuCoin Shares by Temitope Babatunde
Kucoin Share May Be Source Of Daily Income If......
Kucoin Share (KCS) is native token of Kucoin exchange platform the token which was built on the Ethereum smart contract was introduced into the crypto market through ICO in 2017, since then the coin has been performing well among cryptocurrencies.
The KCS performance is connected to the performance of Kucoin exchange platform which is one of the highly recognized crypto exchange. KCS has varieties of uses among which are but not limited to:
1. The holders of KCS on the platform of Kucoin will be receiving daily dividend from the proceed of the exchange, the higher the number of the coin you hold the higher your dividend.
2. Those that hold KCS will pay less fees when trading on the platform.
3. Because Kucoin plan to use 10 percent of its quarterly proceed to buy KCS from the secondary market and burn it, until the total supply of KCS is 100 million, the value will be increasing.
4. Those that hold higher numbers will be receiving faster response from customer service and will have access to personal investments consultations.
The total number of Kucoin presently is 180 millions having buy back some for burning in the past. Certain percentage were also locked until 2021.
The total number of Kucoin presently is 180 millions having buy back some for burning in the past. Certain percentage were also locked until 2021.
In conclusion we will expect Kucoin share to perform better with the growth of Kucoin exchange.
Pros
- If you hold KCS on Kucoin exchange wallet you will be receiving dividend daily
- KCS has strong team behind it.
- With Kucoin buy back the price is bound to increase
Cons
- Because you must leave your coin on the exchange wallet before receiving daily dividend should anything happen to the exchange ones coin will go.
