KuCoin (KCS)
Kucoin is a new Hong Kong based exchange that began operations on September 15, 2017. Originally launched as Kubi.com in China, the company moved their operations to Hong Kong, after regulators forced all Chinese-based exchanges to shut down. Kucoin has since shifted their attention to serve the international market. The platform uses KuCoin Shares (KCS) in a similar way to Binance. You get a discount on trading fees when you use KuCoin tokens.
Users who hold NEO on Kucoin will have GAS distributed to their accounts daily. A snapshot of NEO account balances is taken at 00:00 UTC +8, and GAS distribution occurs immediately, where most users will receive GAS before 1:00 UTC +8.
Overall, an interesting exchange with 0.1% trading fee compared to Bittrex is 0.25%. Also KuCoin aims to be a more user-friendly exchange than traditional exchanges available today.
KuCoin has also been known for posting coin pairs before they hit other major cryptocurrency exchanges, with a goal of listing 50 mainstream cryptocurrency pairs by the end of 2017, and 1000+ by the end of 2018.
KuCoin Features
Passive Income:
90% of trading fees is shared at 50% going to KCS holders and 40% shared with direct and indirect referral users. However, this percentage is subject to changes in the future, according to the Kucoin white paper.
Trading Discount:
KuCoin is offering discounted trading until October 27 to encourage users to sign up for the platform. You can get an 80% (compared to 50% on Binance) fee discount until October 27.
Safe Wallet:
The KuCoin wallet includes multilayer encryption, offline storage in a bank safe, funds escrow, and regular auditing by the bank.
Mobile App:
Plans to release an Android and iOS mobile app in November.
Reliability:
Uses data encryption, dynamic authentication, multi-level risk identification control.
Fast:
Claims that blockchain-based assets will be added to your account within 2 minutes of your transaction, with withdrawals completed in 10 minutes.
24/7 Customer Service:
KuCoin offers 24/7 customer service through WeChat and other platforms. They claim that customer service issues are addressed within 10 minutes.
Quarterly Buybacks:
KuCoin will buy back KCS each quarter. It will buy back tokens using the 10% of profits collected from transaction fees. Buybacks will continue until 100 million KCS have been destroyed.
What is Kucoin in 30 seconds:
Sources of information about the project:
https://twitter.com/kucoincom - official Twitter
https://www.facebook.com/groups/KuCoin/
I’d really appreciate it if you could use my referral link:
https://www.kucoin.com/#/signup?r=E3alDU
Remember by just clicking the upvote button you will be giving an amazing support and do not hesitate to resteem to share it with your Steemit brothers and sisters! Thank you and happy trading, wish you massive profit! :)
An exchange that gives free gas when you hold NEO?
An exchange with 0.1% trading fee compared to Bittrex is 0.25%.
yes it is the first one that gives you neo gas daily.
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This post has received a 3.13 % upvote from @drotto thanks to: @palani.
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much appreciated, keep up the good work!
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
Great information
I think I will move all my coins over to them gradually, they are much better than many other exchanges, even binance too.
Congrats @palani, upvoted. thx
appreciating that :)
Showing back the LOVE
cheers :)
Great post, very useful info here. Thanks!
you welcome friend :) wish you massive profit!
added to your account within 2 minutes of your transaction, with withdrawals completed in 10 minutes...24/7 Customer Service
Thanks for this alternative! I know there are other workarounds for buying STEEM; and, after today's 'glitch' will definitely use as consideration for the next buy; especially, because of the lower fees.
I will bookmark this link, and further research KuCoin. I'm encouraged by all of the support this post has received.
Again, many thanks!
Peace.
wish you massive profit. peace :)
Ditto! ✌
Your post has been resteemed to 1955 followers
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much appreciated :)
much appreciated :)
Congratulations @palani!
Your post was mentioned in the hit parade in the following category:
much appreciated, keep up the good work!
Hell yeah! Great info! Thanks for sharing!
cheers :)
thanks for that information, I will see if we can work with it, upvoted!
wish you massive profit!
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Thanks for that information. I will deeply research this coin.
dont forgett to use my referral link:)
https://www.kucoin.com/#/signup?r=E3alDU
cheers:)
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Thank you for your great information. I also bought Kucoin KCS. A ton of promising coin here. like Kucoin Shares (KCS), Red Pulse (RPX), NEO, Digibyte ,DGB, OmiseGO , EOS, Populous ,
I also got free altcoin as passive income daily from Kucoin. Cool!
For more information about Kucoin Review:
#bitcoinnewbies
I really like those who are working there, they do a great job and i think Kucoin have a great future. So Im really glad that I invested in Kucoin 2 months ago.
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.
trading is life for some people :)