Kucoin and KCS are super cool. Currently the dividends are roughtly a daily 0.05$/100 KCS which is fine if you are bullish on the cryptos listed and actually it doubled since I bought them.
I got on the exchange because they listed DeepOnion, I assume they will continue to add promising cryptos with large communities in order to attract more customers.
I am pretty satisfied with KCS, Kucoin and their business model
I couldn't tell you what would be a good entry price though !
I got on the exchange because they listed DeepOnion, I assume they will continue to add promising cryptos with large communities in order to attract more customers.
I am pretty satisfied with KCS, Kucoin and their business model
I couldn't tell you what would be a good entry price though !
Do you or anyone else know if you have to hold the token on the exchange to receive the dividends daily? Or if you withdraw does it remember how much you bought and continue to give you dividends?
You need to have your KCS on the exchange. Remember you also get a trading fee discount and stuff. So they can't give you these bonuses if you withdraw your KCS.
I know it's not the best practice in crypto to leave your coins on the exchange but I guess you have to trust them for this one.
Are they paid out in BTC or KCS? I thought about buying a few just to see how it goes. I do not like the 20 year payoff right now but might put in a little bit to speculate or something.
They pay you a fraction of each coin that is traded on the platform. So it's nice since you get a diversified porfolio that way and they also often list fresh coins after ICOs so a lot of coins you collect could go through the roof. On the other hand you need a considerable amount of KCS to earn enough coins to actually be able to trade them.
When buying KCS for short term speculation keep in mind that the price is 600% up from where it was 10 days ago. So stay safe, don't invest what you can't lose.
If you consider signing up feel free to use my invitation code E3a6rO. If you didn't know they offer a referal system. So if you invite your friends to the exchange and they use your invitation code you get 40% of their trading fees while they have no disadvantage at all. Sounds good right?
If you have more questions you could also check the reddit FAQ: https://www.reddit.com/r/kucoin/comments/7dm6s5/new_to_kucoin_check_this_out_faq/