KuCoin vs Coss Passive Income - Is It Worth It??

The KuCoin and Coss tokens have been getting a ton of attention over the past few months or so but because they provide a method for receiving passive income in the form of fees returns to token holders.

The advantage goes to KuCoin in this comparison because they pay out daily versus weekly as in the case of Coss.

Both exchanges return 50% of the fees collected on the exchange back to token holders in various small denominations of the coins that were traded.

So the biggest question, is it really worth it?!

From my experience the answer if you are an average invested with a small amount of money to invest, no, if purchasing with the hope of receiving any meaning kind of passive income.

For investors with greater amounts of money to invest and let sit for some time it might be more worth it but for the common person you really don't get much back for your investment.

The real benefit to holding these token would be if other like-minded investors bought these tokens up in large quantities hoping to see tiny passive returns then you could benefit from market value increases in the trading price.

That alone is the only meaningful benefit.

To illustrate, when Coss was around $1 I bought 156 shares just to try it out. In the span of a week with the current trading volumns I made a whole 13 cents. The headache alone of having to track these for my taxes was not even remotely close to worth it.

You would have to have at a bare minimum a couple thousand of these tokens to even see close to $1 each week. This of course could go up over time if Coss starts to see a much heavier trading volume.

The same is true for KuCoin which might pay a little more because it does about 11 times the trading volume but the shares are much more expensive and harder to accumulate any meaning number of shares.

If you are interested in these coins I suggest you do your own research first and ask around to formulate your own conclusion. These are just the observations that I have made from my own personal purchases of these tokens.

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