KUCoin - A Passive Income Source of Crypto

in crypto •  6 years ago 

For those that don’t know KuCoin is an up and coming crypto currency exchange quickly rising with ambitions to make the top 10 by 2019 (https://assets.kucoin.com/kucoin_whitepaper_en.pdf). KuCoin offers many incentives for new users to adopt their exchange such as bonuses, air drops and best of all (from my perspective) their very own KuCoins.

So what are KuCoins?

KuCoins (KuCoinShares) are a crypto currency which pays holders dividends know as a KCS Bonus based on KuCoins transaction fees on a daily basis. From this daily transaction volume 40% will be paid out to holders based on the amount of KuCoinShares they hold on the exchange making it a great investment. The reason why I feel KCS has real potential is the fact that the dividends paid out are not just paid in a single crypto (say Bitcoin or Ethereum), they are paid on each listed pair which is being traded on the KuCoin exchange. A handy website (https://kucoinshares.com) can help you calculate the estimated daily returns based on how many KCS you hold. This video provides a short overview of how the bonus will be calculated showing the true potential of the coin:

In addition, the aggressive marketing strategy makes it seem inevitable that KuCoins user base will grow and with this, so will daily volume. For those smart cookies out there you may already be aware that this also implies greater dividends which, in turn, will increase the value of KuCoinShares in the future.

As KuCoin is the only place to acquire your KuCoinShares you will need to register. If you are happy to help support me I have a referral link here (https://www.kucoin.com/#/?r=1Hv3c). If you see the potential in the exchange as well as their token I would recommend jumping onboard as soon as possible as new pairings of cryptos are being added very frequently, In my opinion its only a matter of time before this undervalued asset explodes!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Source
Copying and pasting previous posts could be seen as spam when:

  • Frequently reposting the same content without additional information or changes
  • Reposting content within the same payout window

If you believe this comment is in error, please contact us in #disputes on Discord

Hi! I am a robot. I just upvoted you! Readers might be interested in similar content by the same author:
https://steemit.com/cryptocurrency/@cryprogeneral/kucoin-a-passive-income-source

Hello there, you might interested joining to KuCoin's poll. Share your opinion about which article topic interests you for most reading? Source: https://twitter.com/KuCoinUpdates/status/1104351148499234816

Congratulations @cryprogeneral! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!