Soft Staking of Coins on KuCoin
KuCoin is recommended exchange to use, which is even in my free ebook.
Now they have added new functions. For some tokens you hold in account you will be getting soft stake daily meaning - every day you will have more of them than the day before just for having it there.
Of course you should trade on top of that as if you keep coins on exchanges they are to be traded.
So if you trade EOS, iOST, TRX or ATOM its good to do parts of that on there since you will be earning on top.
I want to remind this exchange is on buy crypto without kyc list which is often updated.
So dont wait..
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I'm surprised more exchanges don't do this, now that you mention it.
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im sure more will as this way its really worth to trade on Ku. i have already moved some coins off binance just to stake em on top
Intersting wave of exchange offering staking now. Coinbase custody and Binance has allowed such a wave of this to occur.
The big question is-it this worth it? This will inc centralization as staking is part of how the chain governs itself...
people care of profits not decentralization on every coin ;)
I've been using kucoin for some time and I always wondered with their Kucoin shares giving us first a split of all tokens traded and then just kucoins why couldn't they stake or provide us with top coin returns instead. I guess it encourages people to leave their money on an exchange. It should be worth a shot if you're an old school HODLR
It's really a good thing when cryptocurrency exchanges offer stake.
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