What is Kucoin in 1 minute or less?

in #kucoin7 years ago (edited)

Kucoin is a Chinese cryptocurrency exchange similar to Binance that pays out 90% of daily exchange fees to their token-holders. For an exchange to share that much revenue is a very clever way to incentivize token-holders. How it is done is even more clever... each day they pay out dividends in the forms of other tokens. So just by holding Kucoin (KCS) tokens you will be paid daily in Bitcoin, Ethereum, Neo, Litecoin, as well as any other token they list on their exchange.

This will allow many people to start accruing digital currency tokens they normally lack the time or money to invest in. All in one interface they can start collecting multiple tokens in their Kucoin wallets.

Sort:  

While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot..

Some things that can be considered spam:

  • Banner ads
  • Referral links/codes
  • Links to known scams, phishing sites, and other dangerous links
  • Repeating the same post

More Info: Abuse Guide - 2017.

This really is an interesting new platform. Here's an updated link to their website: https://www.kucoin.com/#/signup?r=E37B9y

Congratulations @livenow! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Reply

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @livenow! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

I really like Kucoin. It has a lot more coins than Binance. For example, XRB, ACT, KCS. Feel free to use my link: https://www.kucoin.com/#/?r=7PRdMh We will both get bonus.