KuCoin - A passive income source

in #cryptocurrency7 years ago (edited)

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!

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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.

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