Why I just bought Kucoin shares

Hello everyone!

The crypto market is booming. We went up several 100 billions in market cap last year, and more and more people are coming into the crypto market. This year will be no different, and I can only assume that there will be an even greater influx of people compared to the previous years.

More coins are listed daily and new exchanged keep popping up.

Kucoin is an online exchange. It is intuitive and easy to use, and I do a lot of trading there. I find it very user friendly, and I can see why it is growing as fast as it is. The exchange carries a lot of "big name" coins, but also lists several of the medium and smaller market cap coins. One of the reasons why I like this exchange is that it pays dividends if you hold their own token. The token distributes 50% of the exchange fees collected the previous day. The shares where around $20 not long ago, and you can pick them up at a bargain of only $4 now!

This means you can get a part of every single trade that happens on Kucoin if you hold enough tokens. You get a little bit of everything, Bitcoin, Ether, Neo, and quite a few of other alt coins. Instead of buying up a lot of different coins, you get a little bit of everything every day. The pay out is around 5% annually, however with a lot of the smaller alt coins, you have a the potential of going to the moon.

My plan is to stick with the shares for a long time. Sit with the different coins I accumulate, and eventually sell them when one of them sky rocket.

You can check the payment per coin/how many coins you hold at https://kucoinshares.com/

What do you think about Kucoin shares? Do you have any experience? Do you hold or are you planning to buy KCS?