Hey everyone! It has been awhile since I last posted, and have been making many moves in the Crypto Currency investment world! Recently a new exchange/coin really has caught my eye.
KUCOIN SHARES! An exchange token on Kucoin's semi-new exchange, is a multi purpose coin.
Income stream 1: Kucoin bonus!!!
Similar neo, KCS pays you to hold the coin! What could be more exciting then waking up every morning to an entire list of sh*t coins you've never heard about! Yes, by holding Kucoin Shares on the exchange, you are entitled and bestowed upon a DAILY bonus, where 90% of all fees paid over the exchange(per 24hrs) gets split evenly amongst the number of shares in circulation. Now the best part about the bonus is they break it up into a little piece of every single coin they offer on the exchange. The amounts do vary, but is providing seeds to brand new investments every day just by holding it! Very cool!
Photo only represents the KCS i have been receiving daily, the entire ammount is broken up into hundreds more, some shown above!
Feel free to calculate your potential bonuses on this site: https://kucoinshares.com/
Income stream #2: Reverse supply fundamental.
Every single quarter, the exchange will pool its profits (from trading fees/withdrawls etc) and use it to buy back KCS tokens, at whatever the given spot price is at the currenct time, and BURN THEM! Yes, every 3 months the exchange will be buying these up, and destroying them. Shrinking the supply of Kucoin Shares every single quarter. Now you don't have to be a genius to understand that, less tokens with equal to or greater demands will always result in an increased value.
NUMBER 3!!!!
You may also use your KCS to pay for ALL fees related with the exchange. SO what... big deal... well, did I mention that it cuts the transactions fees in HALF? From an already low .1% / trade, using kcs to pay for transaction fees (instead of conventional bitcoin) you only pay .05% for your trade.
Conclusion: We have a growing exchange, which grows daily exchange volume, which grows quarterly exchange profits, which burns MORE coins, which PAY YOU IN ALTCOINS to hodl them, to save 5o% on the exchange??? What could go wrong :)
Thank you for reading and make sure to always DYOD!
thanks for the votes guys
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