KuCoin (KCS)
Kucoin is a Hong Kong based exchange that began operations on September 15, 2017. Originally launched as Kubi.com in China, the company moved their operations to Hong Kong, after regulators forced all Chinese-based exchanges to shut down. Kucoin has since shifted their attention to serve the international market. The platform uses KuCoin Shares (KCS) in a similar way to Binance. You get a discount on trading fees when you use KuCoin tokens.
KuCoin Features
Passive Income:
90% of trading fees is shared at 50% going to KCS holders and 40% shared with direct and indirect referral users. However, this percentage is subject to changes in the future, according to the Kucoin white paper.
Fees:
An interesting exchange with 0.1% trading fee compared to Bittrex is 0.25%(or 0.5% for the whole buy and sell of a certain coins.). Also KuCoin aims to be a more user-friendly exchange than traditional exchanges available today.
Safe Wallet:
The KuCoin wallet includes multilayer encryption, offline storage in a bank safe, funds escrow, and regular auditing by the bank.
Reliability:
Uses data encryption, dynamic authentication, multi-level risk identification control.
Fast:
Claims that blockchain-based assets will be added to your account within 2 minutes of your transaction, with withdrawals completed in 10 minutes.
24/7 Customer Service:
KuCoin offers 24/7 customer service through WeChat and other platforms. They claim that customer service issues are addressed within 10 minutes.
Quarterly Buybacks:
KuCoin will buy back KCS each quarter. It will buy back tokens using the 10% of profits collected from transaction fees. Buybacks will continue until 100 million KCS have been destroyed.
If you do not have a Kucoin exchange account:
Feel free to use my referral:
https://www.kucoin.com/#/?r=E3alDUQR
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Decreasing coins or tokens means higher prices, holders earn rewards based on trading volume, sounds like a buy and hold! Does your KUcoin wallet hold the 20 different crypto currencies you get paid?
74 not 20.
kukkoin will be the next binance!
Right now Kucoin Shares total marketcap is really close to Binance Coin, while Binance is a lot bigger than Kucoin for the moment. I think Kucoin Shares are overpriced compared to Binance Coin.
You think¤
You convince me to creat an account there :)
Most of the exchanges have disabled new user registrations, Kucoin exchange is the last one where you still can open an account. Why not create one?, it is free.
Makes sense, I was a little afraid of this news exchanges be a scam but now it seens confiable as the others but we never know what gonna happend in the future haha
Really good
Been looking for a good exchange platform
Most of the ones available don't allow new users
Thanks for the information @palani
hello, @palani
Upvote & Re-steem
Best token for feature currency
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True talk
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thanks for the info
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thanks for share this informative article. it helps me a lot, going to create account on it.
very nice and very informative post.i followed u because u always share valuable content.very nice and very informative post.keep sharing such posts,Thanks
Will use your refferal to join it , if i will in the next few days....
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I'm on board with Kucoin too! I have some coins I've been eyeing up.
Just waiting for the right entry point.
JGV
JGV
I've been using kucoin for a while now, and really satisfide with their service.
How does the payouts for holders work? Do I have to keep their shares on exchange or I have to use some other wallet?
On the exchange.
Thank you for the information.
This post has received a 15.33 % upvote from @sleeplesswhale thanks to: @palani.
I really like Kucoin. It has a lot more coins than Binance. For example, XRB, ACT, KCS. Feel free to use my link: https://www.kucoin.com/#/?r=7PRdMh We will both get bonus.