1 Level
5 Review
1 Karma
Review on KuCoin Shares by Anne Schroder
KuCoin Shares (also known as KCS) is the indigenous currency of the KuCoin…
KuCoin Shares (also known as KCS) is the indigenous currency of the KuCoin exchange platform that allows holders to profit from the success of the trading platform. KuCoin accounts for the number of KCS users who hold different currencies. The more KCS you hold, the more dividends you receive.
KCS has created a market so you can use KCS to trade other coins, so the liquidity of KCS is very large, you can buy KCS at any time.
Pros
- Low fee structure: 0.1% transaction fee as low as Binance (Bittrex 0.25%), transaction discount for low cost KCS and low fee Customer service 24/7: Includes website, hotline, email and more Ownership of exclusive KCS: Higher ranking KCS users will receive direct consultancy services for quick investment strategies and customer service.
Cons
- You cannot purchase initial cryptocurrency on the exchange, and some users report lags in the system and slow customer service. There are also some who associate the exchange with the Confido scam, a fake ICO that ran off with investor money
