Kucoin Share holders receive dividends paid by crypto exchanges

KCS — Kucoin Shares. Kucoin charges a 0.1% fee from every trade, both from the maker and taker, which comes up to 0.2% fee’s per trade. Big bang offer from KuCoin is that they pay 50% of this fee (0.1% per trade) to KCS holders!

The interesting thing about Kucoin Shares is that the dividend is paid out daily depending on how many shares you have. That means you will get a dividend today and another dividend tomorrow, for the dividends you bought plus from that receive as dividend. Now, the dividend is not much now, but as the exchange will adopt new pairs and new users, the incentive can become significant in the future.

Here is a link where you can calculate your earnings: https://kucoinshares.com/

It will look like this:

Another interesting fact is that you will also receive dividends from trades that are done in other coins. For exemple, 50% of the fees accumulated in Ethereum, will also be distributed among holders.

If you found this article useful and want to earn some passive income, you can create an account here: https://www.kucoin.com/#/?r=7Rwdab