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Review on KuCoin Shares by Yamada Ribero
The success of KuCoin Shares is inseparable from the success of KuCoin. This…
The success of KuCoin Shares is inseparable from the success of KuCoin. This can be seen in either a good or a bad light. I hold some KCS because I have used KuCoin for some time and am confident in its further growth and success.
Pros
- KuCoin as an exchange is growing rapidly, which is good news for KCS holders. KCS holders receive dividends based on how many KCS they have and how many transactions were made on the KuCoin exchange on that day. KuCoin has been growing rapidly in the last few months, and its team is excellent, having highly competent members and a CEO who worked at Ant Financial (owned by the Alibaba Group).
Cons
- By putting money in KuCoin Shares, you are betting that KuCoin will do well. Cryptocurrency exchanges are targets for hackers, and a security flaw could spell doom for KuCoin and thereby KuCoin Shares. Investing in KuCoin Shares is nothing like investing in Bitcoin or Ethereum. If Kucoin fails, KuCoin Shares will as well.
