Can you make a Major profit with Kucoin? Find our trade recommandation here...

in #cryptocurrency7 years ago (edited)

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Not so long ago, I moved to a new exchange of crypto-currencies for #KuCoin. I find it quite interesting and I want to share some info with you, which I hope you find absorbing and usefull as well. In the next few paragraphs, I will try to give the most profitable information. So, What will we discuss today:

• What is KuCoin?
• How does the bonus program work?
• What Benefit does KuCoin have?

Let’s start with an introduction of KuCoin.

KuCoin is one of many international exchanges of crypto-currencies (formerly Kubi.com), which moved from China to Hong Kong in autumn of 2017, because of exchanges ban in China. The main feature of #KuCoin exchange is a daily reward to the holders, who have KuCoin Shares tokens. Like other exchanges, KuCoin has its own crypto currency (ERC20 token on Ethereum), the full name is KuCoin Shares (#KCS). KCS holders have several bonuses and benefits on the KuCoin exchange. The company wants to redeem 100 million tokens at first and later, use token buybacks to burn KCS tokens, which will reduce the outstanding number of shares to 81 million. The buyback of the first 10 million has already passed and will occur every three months. 10% of KCS the profits from commissions will be used to fund buybacks.

Some important statistics for KuCoin (#KCS):
Total market cap: $52,382,362; 6,352 BTC;137,229 ETH

Ciculating supply: 91,043,076 KCS

total coins: 181,043,076 KCS

Largest markets: Kucoin | register here: http://steem.link/GM8H9
Roadmap: Will come later
Coin price at this moment:
1 KCS = between 0,45 - 0.65 USD
1 KCS = 0,40 - 0.60 EUR
1 KCS = 0,42 - 0.62 RUB

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KuCoin Bonus Program
The daily profit from trading fees is distributed as follows: Holders of tokens receive 50%. To receive daily remuneration, it is enough to keep KuCoin Shares on the exchange. Up to 40% goes into the referral program. According to the three-level referral program, you will receive 20% commission if you are able to invite other users, furthermore, 12% of his referrals and 8% of the referrals, which your own referral. 10% remains for foreclosured funds. The remaining 10% of trading fees on the platform will fun KCS which will be burned every three months.

Dont miss anything and follow us @royal dutch.

KuCoin is similar to Binance http://steem.link/u0J66. Growth 5-10 times up to the end of the year. KuCoin launched a few months ago, but it already has a larger turnover than the popular Cryptopia. Market capitalization for the moment $ 68.5 million.

The daily volume of trading today is massive. Even assuming that there will be no growth, the annual turnover will be $ 2.2 billion which implies $ 4.4 million on commissions. 50% of the commissions are distributed among tokensholders (91,043,076 KCS), in fact they receive an annual two-percent dividend on KuCoin Shares.

The volume of trading may well reach the size of Binance, which will be approx. $100million/ day, or $ 36.5 billion / year. $ 73 million profit from trading fees, of which 50% goes to holders of KCS. If this growth is realized, each token accounts for a 50% dividend!.

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Calculate your profits here: https://kucoinshares.com

What Investment advise do you give?
There are good or bad times to invest in the crypto world. One should try to buy during down times where you can start from the bottom, meaning greater opportunities to lock profits than the one who suffers from the loss. Old projects can get their momentum anytime like Stellar who had 200% price rise yesterday after few months of stagnation. New projects can great opportunities if you choose carefully. Like the Chinese exchange Binance, who startedfrom nowhere and now is competing with Bitfinex, Bittrex and other big exchange. Now there is a new exchange Kucoin that is taking the same path. Analyze the coin supply and price and buy in during low prices. The coin is fluctuating so be smart and buy during a downtrend.

Pro’s:
· Kucoin started in September 2017 and is still in their early phase, therefore,their token KCS (Kucoin Shares) value went from 0,2$ to 0,5$. You can expect it to rise above 0,75$ in the next months. This implies a good buying opportunity at current prices.
· Kucoin tokens give you your share of the 50% daily exchange trading fees. Those shares are paid in different tokens everyday directly in your wallet.
· As this project is still very young, this is the perfect investment to collect many different tokens via the daily bonus distributions.
· The platform works really smooth and user friendly

Cons:
In the future Kucoin can lower their profits on Kucoins shares. What means you get less of the fees.
· It’s a coin that is used by an exchange. When the exchange stops the coin anymore its worthless.
· Kucoin give low fees on coins. You have to buy a lot coins to make it profit.
· New tokens on the exchange start with 0% trading fees in the first month, therefore, during this period KCS holders will not receive any new tokens.

Risks:

  • No high risks or red flags at the moment.

Important team members:
Michael Gan - CEO - Former technical expert of Ant Financial of Alibaba Group, a veteran of financial solutions, and senior partner of Internet giants like MikeCRM, KF5.COM, etc;
John Li - President of the Business Operations Group - President of Jianbang Communication and project director of group-purchase magnates. Managed 30+ group-purchase service centers over China with his special insight of consumer finance.

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Some investors of ours visit their office and the company to check if Kucoin is real and we found an outstanding team over there.

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Scam score: 1% low (Really low risk, checked the main office.)

Totals
Investment advice from our experts: 6,9/10 (investment is good)
Teamscore: 7/10 (Good qualities)
Advice for miners: -
Miner conditions: -
Share value: Undersold (8/10)
Has a working product: yes (8/10)
Overall score: 7,5
My advice: After doing your own research you can invest safely in this coin.

Want always the latest news: Add @royaldutch and follow us!

Benefits of KuCoin
Speed: assets on the block account are added to the account within two minutes after the transaction is made, and withdrawals can be made in 8-10 minutes. The trading engine of the exchange is capable of processing two million requests per second.

Simple account activation: to start trading, you don't need to send documents and pass verification, only e-mail.

Secure wallet: you should activate two-factor authorization to withdraw funds. KuCoin purse includes multi-level encryption, autonomous storage in the bank safe and deposit of funds. Encryption protocols and bank level security.

"Day and night (24/7)" service for customers: round-the-clock communication with support via different charts and platforms.

Low trading fees: 0.1% of the acquired asset. Depending on the number, the owners of KuCoin tokens pay even smaller commissions: an additional one percent discount from 0.1% is given to holders of thousands of KuCoin tokens, for 10,000 KCS 10% discount, 40,000 KCS 30% discount. For NEO, GAS and RPX, there is no commission for withdrawal.

Conclusion
Personally for me KuCoin Shares is a good digital service with a great potential. The team has all the components of a successful project at its disposal. A nice design of the site, an advantageous affiliate program, the implementation of convenient trade view diagrams, an extremely responsive technical service, and the availability of your own internal token, which allows you to receive a stable passive income. The developers of the platform are aimed to enter the top ten most popular crypto-exchange exchanges. Considering what has been achieved, it is quite possible for them to succeed. We reviewed the headquarter and team and this is legit.

After reading all that, what you guys think about Kucoin? Which exchange of crypto-currencies do you use? Start directly with Kucoin and make your profits: http://steem.link/GM8H9

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kucoin-wallet.png KCS: 0x3f5f07cb3725f3fd32a35b0cb4daae014e9961c0
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thanks @royaldutch it was an excellent post. I opened my Kucoin account a couple of days ago by referral from another person. Reading your post with a nice cup of coffee this morning helped me out to put ideas in order, very well appreciated it!

I wanted to share your post here on steemit, but in order to do it I have to "resteem" right? I dont see the option available in your post, am I wrong?

Allow me to ad this for your readers, may be important. Kucoin just launched a "vote for your coin" program, I have never seen that in other exchangers, I think is very good idea.

I just followed you and I will definitely recommend you! Thanks again!

Thank you @el-cr . I read that its only possible to re-steem If the post is not older than 7 days. Its great you are following and there will be much more information about other coins. The voting tool is cool on Kucoin. The coming weeks Kucoin will add more than 20 top coins. Dash will be added first.

The RUB price can't be right
1 KCS = between 0,45 - 0.65 USD
1 KCS = 0,42 - 0.62 RUB

1 USD is about 50-60 Rub

Since that you we're hear since KuCoin started. Actually i'm not aware that it's former name we're Kubi.com i thought it's really KuCoin (if it's a fact).

Kucoin seems ok, but I have to say I do like Binance more. They also have a great referral program. Here's how it works:
https://steemit.com/binance/@zemiatin/binance-referral-program-explained

Hey despite being a little late on KuCoin sign up this is a sweet piece!

Great post. I have been trying to find out about Kucoin.

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great guide man, another thing that it is good to use kucoin is this
https://blog.blockport.io/blockport-announces-kucoin-integration/
more and more projects are being integrate in the platform

I just wanted to share this but I saw kucoin made an update. Maybe you would like to have a review on it. https://news.kucoin.com/en/kucoin-platform-2-0-bi-weekly-progress-update%EF%BD%9C2018-12-17/

KuCoin had their new platform this February which there are more components or functions has been added. https://www.kucoin.com/news/en-KuCoin-Platform-V2-Upgrade-Complete

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