What’s good crypto crew? Having dreams of living life financially free while you sit back any watch your crypto fortunes grow? You are not alone, give this post a quick read because it might just change your life!
Crypto is growing extremely fast and can be seen by the exponential growth of the market capitalisation which doesn’t seem to be slowing any time soon. Investing in specific cryptos can be great but wouldn't it be better to invest in every crypto at once to spread the risk, well if you ask me it a no brainer. There is a way, a crypto which pays dividends for every crypto traded on their exchange, this is KuCoinShares.
Let me give you a bit of background; for those that don’t already know KuCoin is an quickly rising exchange and for many good reasons. As well as being the leading NEP5 token exchange, KuCoin offers many incentives for traders using their site via promotions but more importantly their very own crypto ‘KuCoinShares’.
White paper can be found here: https://assets.kucoin.com/kucoin_whitepaper_en.pdf
KuCoinShares (KCS) pay a dividend (50%) of all the trading fees accumulated on their exchange on a daily basis. This isn't paid in fait, no… It’s paid out in every single pairing traded during that day meaning you can accumulate BTC, ETH, NEO and every single other crypto listed on the exchange, think about that for a minute…
A quick look at the KCS calculator (https://kucoinshares.com) can quickly show how much of each crypto you can earn on a daily basis. Now lets have a quick look at the maths:
Lets say you buy $10,000 worth of KCS (at the time of writing is ~ $3700)
Per day you will generate $1.60 which equates to $584 per year which is a return of ~ 5.81%
Now consider there white paper expects a 20x increase in transaction volume by the end of 2018, suggesting the daily dividends will increase be 20x too ($32 per day which equates to $11,680 per year).
Now further consider that this is assuming the value of crypto stays the same… As the market grows it seems you will see further gains as the ecosystem develops and become more adopted/mainstream ($11,680 x ? per year)
KuCoin has produced a video of how the fees are calculated which you may find useful:
I can see huge potential with this coin/ exchange and I hope you can too. It’s currently trading at $2.70 which seems very undervalued considering the potential gains this coin can give out. If you are looking into buying KCS KuCoin is the only place you can get hold of it. I would be forever grateful if you are thinking of registering to use my referral code below:
https://www.kucoin.com/#/?r=1Hv3c
Good luck with all your trades in the future and I hope together we can live a life of financial freedom!
- Crypto General