KUCOIN the profit sharing crypto exchange

Kucoin is a relatively new player on the scene and is likely on it’s way to become one of the largest exchanges in the world. Why am I confident this will happen? For various reasons.

Firstly they are based in Asia, and as you probably know most crypto mining nowadays happens in Asia, so there’s a huge user base already. But what sets them apart is how they run their operation.

They have their own coin KCS, which basically performs the same role as dividend shares. They redistribute 90% of their trading fees to KCS holders, giving this coin long term value. Owners can also vote on which coins or tokens should be added.

As you can see below, a bonus that is related to the amount of your investment will be credited to your coin balances. These amounts are larger when you hold more KCS and it’s added daily. The more KCS grows and the more days pass the larger that amount will become.

If you trade your earned alt coins back for KCS you can start compounding to increase your total amount of daily coins. (It’s basically like mining except your principal is not lost (although it will be volatile due to the prize fluctuations of KCS itself ).

• Profit sharing and voting rights:

• Low trading fees

• 24/7 customer service:
  via wechat

• Referral bonus of 40% of the transaction fee your referral paid

• Safety:
  Safe wallets with multilayer encryption, offline storage in a banksafe, auditing by a bank, identification control and dynamic authentication

• Fast:
  Assets added within 2 minutes of your transaction, withdrawals in 10 minutes

• Multiple currencies:
  Large amount of alt coins and tokens, they want to list over 1000+ cryptocurrencies

• Quaterly buybacks of KCS till 100 million has been destroyed

• Proof of Stake bonus: 50% shared to users holding KCS on the exchange, also you earn GAS for holding NEO unlike on Bittrex for example.

• Mobile apps coming

So really why wouldn’t you trade through Kucoin instead and hold some of their coin? You can recoup some of your trading costs, get dividend and receive an increase in value of your portfolio just for doing what you are already doing on other exchanges.