Kucoin exchange shares
KuCoin exchange (KCS tokens) - A lightning-fast exchange.
KuCoin is a cryptocurrency exchange based out of Hong Kong, which was launched on September 15th 2017. The platform uses KuCoin shares (KCS) much the same way that Binance uses its token (BNB), which is to say that users get discounts on trading fees when KCS is used. KuCoin aims to be a user-friendly exchange. The platform shares 90% of its trading fees with their users through their KCS tokens and referral program. They have 24/7 customer support and other benefits such as their referral program.
KuCoin aims to be one of the fastest exchanges around. A user’s assets will be added to their account within 2 minutes and withdrawals are completed within 10 minutes. Their wallet also includes multi-layer encryption to provide its users with high grade security. They have mentioned in the past that they have offline storage in a bank which funds escrow and gets regularly audited by banks.
On their exchange they have currently 5 main trading pairs:
Here’s an example on how the invitation bonus plan works:
When registering on the platform you will get a special invitation link as well as a QR code.
If Adam responds to your invitation and visits the KuCoin website via your link or the QR Code he will become your Direct Invitee.
Adam loves the platform and decides to invite his son Abel too. Abel accepts this invitation and becomes the Direct Invitee of Adam and the Indirect Invitee of YOU. If Abel decides to invite new people, they will become second degree Indirect Invitee of YOU.
Kucoin will always award contributors with 40% of the daily trading fee.
Therefore: 1. You earn 20% of Adam’s trading fees since Tim is your DIRECT INVITEEE.
2. You earn 12% of Abel’s trading fees since Abel is your INDIRECT INVITEEE.
3. You earn 8% of Abel’s direct invitees since they are your 2nd DEGREE INDIRECT INVITEEE
That’s a total of 40% of the daily trading fees earned through KuCoin’s referral program.
KuCoin is establishing themselves quickly as a strong cryptocurrency exchange and together with their referral program and KCS tokens they give back 90% of transaction fees to the community.
See also: Kucoin Exchange
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