Post
Topic
Board Speculation (Altcoins)
Re: Exchange KuCoin and KuCoin shares
by
Dremeber
on 30/01/2018, 15:13:12 UTC
Thanks for the answer. Yes, I have a number of KCS; I wasnt aware that this results in tiny amounts of shares in other coins as well (besides the KCS dividends we are getting). Nice in a way, but the amounts are so tiny (0,000056466) that it is completely useless.
Because of that KSC feels like totally useless for small investor. You would have to gather those fractions for years on before you can sell anything.
Yep, for most of the smaller coins you need at least 1 coin, to be able to sell it.
So, I let them there and will see in the future. Or you can do a lot of trading, first bying 1 coin, than selling that 1 coin + the dividend part. And so on.
Probably the fees will cost you more than the profit.