1 Level
11 Review
3 Karma
Review on KuCoin Shares by Prisca Unegbu
Kucoin has ranked at the 29th place in cryptocurrency trading, as of March 2018…
Kucoin has ranked at the 29th place in cryptocurrency trading, as of March 2018. This is based on their daily trading volume amounting to $53, 526, 736. More than twelve percent of this goes to the trading currency pair Revain/Bitcoin. BTC/USDT, the second most traded currency pair, took more than six percent of this trading volume.
The Kucoin as of today are capable of trading over 268 trading pairs on their platform. Their lower trading fees, no deposit charges, high level of security and great user interface, are very encouraging and getting more popularity each day
Pros
- This conundrum has inspired many investors, myself included, to explore coins that actually return something besides an increase in value. I recently covered Quantstamp (QSP) and now discovered another promising dividend-paying asset: KuCoin Shares (symbol KCS) pays daily bonuses to its investors. Right now, the amount is fairly small (~$0.15 USD per day for every $1000 you invest), but, as I’ll outline below, it’s possible this could grow exponentially throughout 2018.
Cons
- There’s also some concern about KuCoin being registered in China, which has been particularly ominous about the legality of exchanges lately.
