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Topic: Exchange KuCoin and KuCoin shares - page 49. (Read 38675 times)

member
Activity: 238
Merit: 10
January 19, 2018, 01:51:58 PM
Kucoin is claiming that ETH deposits and withdraws are slow because of the ETH network being busy, but that is not true. On Kucoin, my deposit shows as pending, but on etherchain, it shows it was successfully deposited, and then moved to another wallet (without my permission). They are either not secure and hackers are getting access, or Kucoin is accessing and diverting members funds without permission, which goes against the whole point of decentralized currency, plus they are lying about it, blaming it on the Ethereum network. This problem is happening with ERC 20 tokens as well. They have been eventually transferring some people the crypto they are waiting on, but the transactions do not match up on the blockchain! Not sure why they are doing this or if they are trying to temporarily profit from funds, or cover up for something, but this seems to resemble a ponzi scheme, or at least is somewhat scammy.
Kucoin, it is quite unprofessional and discourteous that your support team doesn't acknowledge the receipt of emails. An auto-response with a ticket number would at least make users aware that their correspondence(s) have not vaporized. While I understand that your support team may get many requests daily, it should be expected as your business is a platform which faces many users globally. However, customers make businesses, no customer, no business. Your market analysis should have shown that one of the common problems with crypto-exchanges is horrible support, and one would think, Kucoin, being one of the new exchanges would have better support, which would give a competitive advantage. I guess we're all wrong, "same crap, different exchange." They say all press is good press, but I disagree. When enough users are fed up with the poor support, they would go to the competition. (word of mouth spreads like wildfire) I sent multiple emails to your support concerning a deposit issue and the lack of responsiveness says to me as a first time user of your platform, "take your business elsewhere." Hopefully, your team responds and I receive my deposit. Cheers
member
Activity: 302
Merit: 10
January 19, 2018, 01:38:28 PM
Kucoin is claiming that ETH deposits and withdraws are slow because of the ETH network being busy, but that is not true. On Kucoin, my deposit shows as pending, but on etherchain, it shows it was successfully deposited, and then moved to another wallet (without my permission). They are either not secure and hackers are getting access, or Kucoin is accessing and diverting members funds without permission, which goes against the whole point of decentralized currency, plus they are lying about it, blaming it on the Ethereum network. This problem is happening with ERC 20 tokens as well. They have been eventually transferring some people the crypto they are waiting on, but the transactions do not match up on the blockchain! Not sure why they are doing this or if they are trying to temporarily profit from funds, or cover up for something, but this seems to resemble a ponzi scheme, or at least is somewhat scammy.
member
Activity: 154
Merit: 10
January 19, 2018, 01:36:47 PM
The exchange was born in mid-September and promises and wants to become among the top 10 exchanges in the world, as well as its "twin" Binance.

Among its features:

Reliability: KuCoin uses data encryption, dynamic authentication, multi-level risk identification control, and other systems to guarantee transaction security.

Fast: KuCoin claims that blockchain-based assets will be added to your account within 2 minutes of your transaction, with withdrawals completed in 10 minutes.

Safe Wallet: The KuCoin wallet includes multilayer encryption, offline storage in a bank safe, funds escrow, and regular auditing by the bank.

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.

Discounted Trading: KuCoin is offering discounted trading until October 27 to encourage users to sign up for the platform. You can get an 80% fee discount (0.02% fee per trade) until October 27.

Profit Sharing Among Token Holders: KuCoin shares 90% of trading fees with users.

Referral System: KuCoin has a referral system where it gives 40% of a user’s transaction fees to the member that referred them to the platform.

Proof of Stake Bonus: KuCoin shares 50% to users who hold KCS on KuCoin’s exchange. You also earn GAS for holding NEO on the exchange.

Multiple Currencies: KuCoin currently offers all of the following cryptocurrencies: ETH, LTC, NEO/GAS, OMG, QTUM, PAY, CVC, EOS, SNT, KNC, BTM, BHC. By December 2017, the company plans to offer over 50 mainstream cryptocurrency pairs. By December 2018, they aim to expand that to 1,000+ cryptocurrencies.

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.

Mobile App: KuCoin plans to release an iOS an Android app in November.


What interests us speculators is its currency, much like Binancecoin: KuCoin (KCS) has a total bid of 200 million, but the company plans to repay half of them, 100 million, through a burning policy, as it is exchanging Binance.
Moreover, KUCOIN exchange will be the first exchange to list RedPulse (RPX), which will attract a large number of investors.
I therefore believe that many investors will be drawn to the new policies and facilitations of it, so its domestic currency, KUCOIN, is likely to follow the same exponential trend of BNB when it went from about $ 0.10 to $ 0.20 to $ 2-3 in about a week.


In my opinion, it can be a great and lucrative investment, at least in the short term; then you will see how it will develop and evolve the exchange!
Keep up the great work kucoin. Love your exchange great platform. One thing though I would love to see safex on your EXCHANGE. Safex has so much potential and I feel you would benefit from such a great community and coin
newbie
Activity: 4
Merit: 0
January 19, 2018, 12:54:21 PM
is there a minimum set to hold on your account before recieving fees for holding KCS , because i buyed some very expenive one's , almost 10 $ , but did not recieve any amount for 3 days now?

Same here (five days in fact). Sounds like they are working on it :

https://i.redd.it/5qkat2p3mya01.png
legendary
Activity: 1932
Merit: 1005
January 19, 2018, 12:32:02 PM
is there a minimum set to hold on your account before recieving fees for holding KCS , because i buyed some very expenive one's , almost 10 $ , but did not recieve any amount for 3 days now?
newbie
Activity: 32
Merit: 0
January 19, 2018, 10:18:50 AM
I like Kucoin. They are doing great at this moment.
I trade few times there and it was fast so far.
member
Activity: 144
Merit: 10
January 19, 2018, 09:46:49 AM
I think it is right that they cancelled the referral program. It made them look super spammy and ponzi like.
Their coins are the real deal though. Very nice idea, and people have even better feeling when they receive coins rather than just pay less fees (like the Binance coin). I think the whole exchange is nicely innovative.

The only thing I wish all referals and KCS shares alike would do... change payouts into 1 currency... because now with all the dust youre acquiring its unusable until a long long time... quite annoying... would be far better if lets say KCS would give you 2 options, to either pay you all in BTC or all in KCS...

hero member
Activity: 560
Merit: 501
January 19, 2018, 08:06:45 AM
I think it is right that they cancelled the referral program. It made them look super spammy and ponzi like.
Their coins are the real deal though. Very nice idea, and people have even better feeling when they receive coins rather than just pay less fees (like the Binance coin). I think the whole exchange is nicely innovative.
full member
Activity: 597
Merit: 147
Next Generation Web3 Casino
January 19, 2018, 06:11:37 AM
having some big issues at the moment..

Also they just cancelled their referral invitation system.

The future for kucoin not looking hot right now.

I'm staying away
Referral cancelled is great decision from Kucoin, because they want to become the strong exchange not ponzi exchange. The future of Kucoin still very promise and holding Kucoin tokens is the best way to make fortune.
full member
Activity: 686
Merit: 100
January 19, 2018, 05:59:44 AM
Looks like affiliate program closed. I can't see how many people I referred on invitation page.
newbie
Activity: 42
Merit: 0
January 19, 2018, 03:07:59 AM
Very interesting revenue model as well profitable for their investor, i see projects like these which are similar to others like COSS are worth and easy to success as long there are volumes which keep their profits rolling, generally investment should of course be injected for a better platform for trading as well systematic updates, development, partnerships and blockchain operations.

Why do people keep saying it is profitable? Right now 1 share of kcs will pay $0.0015 a day. 1 kcs costs $10.34 so it takes 6893.33 days or 18.89 years to get roi (at $150 million per day volume), and that is only because the cost went down. People were saying it was profitable even when the roi got to 48 years. Even now it is a bad deal. The kcs are only as much as they are because people are stupid and can't do basic math but once they learn how it will crash.

The amount of money you get per share of KCS depends on their trading volume. Kucoin is a relatively new exchange so they still have room to grow. Once Kucoin gets huge volume the payout will be much higher.
full member
Activity: 1134
Merit: 102
January 18, 2018, 11:14:44 PM
I read carefully the information that you post above. this makes me have a good prospect on this new exchange. can you provide details of this information development now? are many people  already using this exchange to make transaction. friend?

Still, many people don't have proper idea on this because even I am hearing this is the first kucoin is sharing their profits. If they do this means automatically the price of coin will increase in the market.
legendary
Activity: 2338
Merit: 1354
Playgram - The Telegram Casino
January 18, 2018, 11:08:08 PM
I really admire KUCOIN. They are really good like Binance. They are totally twin exchange, all coins under kucoin is really not a shitcoins. They are really the best. The best project and quality future. They have some potential in the future, that's why I like kucoin and binance.
full member
Activity: 336
Merit: 100
January 18, 2018, 08:44:57 PM
The exchange was born in mid-September and promises and wants to become among the top 10 exchanges in the world, as well as its "twin" Binance.

Among its features:

Reliability: KuCoin uses data encryption, dynamic authentication, multi-level risk identification control, and other systems to guarantee transaction security.

Fast: KuCoin claims that blockchain-based assets will be added to your account within 2 minutes of your transaction, with withdrawals completed in 10 minutes.

Safe Wallet: The KuCoin wallet includes multilayer encryption, offline storage in a bank safe, funds escrow, and regular auditing by the bank.

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.

Discounted Trading: KuCoin is offering discounted trading until October 27 to encourage users to sign up for the platform. You can get an 80% fee discount (0.02% fee per trade) until October 27.

Profit Sharing Among Token Holders: KuCoin shares 90% of trading fees with users.

Referral System: KuCoin has a referral system where it gives 40% of a user’s transaction fees to the member that referred them to the platform.

Proof of Stake Bonus: KuCoin shares 50% to users who hold KCS on KuCoin’s exchange. You also earn GAS for holding NEO on the exchange.

Multiple Currencies: KuCoin currently offers all of the following cryptocurrencies: ETH, LTC, NEO/GAS, OMG, QTUM, PAY, CVC, EOS, SNT, KNC, BTM, BHC. By December 2017, the company plans to offer over 50 mainstream cryptocurrency pairs. By December 2018, they aim to expand that to 1,000+ cryptocurrencies.

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.

Mobile App: KuCoin plans to release an iOS an Android app in November.


What interests us speculators is its currency, much like Binancecoin: KuCoin (KCS) has a total bid of 200 million, but the company plans to repay half of them, 100 million, through a burning policy, as it is exchanging Binance.
Moreover, KUCOIN exchange will be the first exchange to list RedPulse (RPX), which will attract a large number of investors.
I therefore believe that many investors will be drawn to the new policies and facilitations of it, so its domestic currency, KUCOIN, is likely to follow the same exponential trend of BNB when it went from about $ 0.10 to $ 0.20 to $ 2-3 in about a week.


In my opinion, it can be a great and lucrative investment, at least in the short term; then you will see how it will develop and evolve the exchange!

they took a lot of ideas of binance and added some features on top. Thank you for the nice overview
newbie
Activity: 32
Merit: 0
January 18, 2018, 07:54:04 PM
Great Exchange, in such a short time they have a great 24hr volume and also the app UI is awesome, the experience is way better than other exchange's apps. Grin
hero member
Activity: 742
Merit: 500
January 18, 2018, 07:21:50 PM
As far as I know, the former name of kucoin is from an Chinese exchange, thought it is very famous here, but I do not know much about the dec team, any one knows?
sr. member
Activity: 966
Merit: 264
January 18, 2018, 06:18:15 PM
INS Ecosystem Hits TOP-10 Crypto-Exchanges Including  KuCoin

INS Ecosystem directly connecting manufacturers and consumers via blockchain gains international crypto-exchange recognition - Cobinhood, Mercatox & Coinrail to list in January.

INS Ecosystem, an IT platform directly connecting manufacturers and consumers, allowing the latter to save up to 30% on everyday grocery e-shopping has gained an international crypto-exchange recognition.

Read more on Coinidol: https://coinidol.com/ins-ecosystem-day-one-listing-hits-top-crypto-exchanges/

member
Activity: 309
Merit: 12
January 18, 2018, 05:48:05 PM
Very interesting revenue model as well profitable for their investor, i see projects like these which are similar to others like COSS are worth and easy to success as long there are volumes which keep their profits rolling, generally investment should of course be injected for a better platform for trading as well systematic updates, development, partnerships and blockchain operations.

Why do people keep saying it is profitable? Right now 1 share of kcs will pay $0.0015 a day. 1 kcs costs $10.34 so it takes 6893.33 days or 18.89 years to get roi (at $150 million per day volume), and that is only because the cost went down. People were saying it was profitable even when the roi got to 48 years. Even now it is a bad deal. The kcs are only as much as they are because people are stupid and can't do basic math but once they learn how it will crash.
jr. member
Activity: 126
Merit: 4
January 18, 2018, 05:14:06 PM
Hello guys one of my friend did mistake. He send 259 dolar from usdt account to bitcoin account . These 2 account based on kucoin exchange. What can we do for it ? Pls help us .
member
Activity: 252
Merit: 10
January 18, 2018, 08:34:31 AM
any link to the website or other detailed informations from this Kucoin Exchange please ?


you can google that information. however, to save you time I'll list it since I'm a new user on their website and I really like how it's developed. no complaint so far. deposit time is same as they mention on their website (10 minutes).

https://news.kucoin.com/en/

I heard some good comments about this exchange and i still dont try to discover this exchanger.
Is that really that good? It make me more curious to try.
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