What Is Kucoin Exchange?

Kucoin ( www.Kucoin.com )is one of the many new exchanges that is emerging in todays cryptocurrency market. I will admit, when I first the name I thought it was so goofy I avoided it, just like my initial thoughts about Poloniex. Seriously, who names these? But Kucoin is a newer exchange that has been quickly growing its user base. Kucoin offers a unique set of coins that it allows trading for and it seems to be regularly adding new coins and even lets their users have a say in which coins will be added next, which I believe is a great feature

Where To Vote For Coins On Kucoin

Making Money Holding NEO Coins

I know some people are already aware of this method, but for those who are not aware this is a great opportunity, particularly in the long term in my opinion. Kucoin exchange is one of the places that rewards you with NEO Gas for holding NEO coins in your Kucoin wallet. You are paid a certain amount of NEO based on various factors. Of course, the more NEO you hold the larger your daily payouts are. NEO has seen tremendous gains this year and is currently in the top 10 biggest gains since ICO launch to peak price. NEO has been growing quickly and seems to be a promising project. I would like to note that Kucoin Exchange is NOT the only exchange the will reward you your GAS for holding NEO.

Making Money By Holding Kucoin Tokens!

Buying Kucoin tokens is almost like owning stock in Kucoin. Have a share of the profits from fees! That's right. Just like any other exchange Kucoin charges fees to people who want to trade between various cryptocurrencies but there is something a little different here! Kucoin allows you to buy "Kucoin shares" and you gain a certain % of the fees that they collect daily. A few important factors to note:

• Paid based on how many shares you own vs other people. The more you hold, the larger your payouts will be daily
• It takes a couple days for payments to kick in.
• You are paid in small bits of whatever coin you collected fees from, meaning you will diversify and have many coins! This coin be a benefit to some and it could be considered a con to those who have no interest in diversifying into many new coins.

In the end both of these methods help you accumulate more coins/tokens. Of course, with any investment there is much risk involved. The prices of these coins could decline and although you have more coins, you could still lose money. Or the price could increase and you would be happy you invested. Be careful, good luck and thank you for reading!