Pages:
Author

Topic: Exchange KuCoin and KuCoin shares - page 69. (Read 38672 times)

sr. member
Activity: 574
Merit: 261
October 27, 2017, 02:08:39 PM
#26
did a calculation.

Current Price of Kucoin : $0.876038
Total Supply of coins : 181,043,076 KCS
Fee on Kucoin Exchange : 0.1%

Current Volume : $2,303,159

Volume on different exchanges:
Bittrex: $241,696,372
HitBTC: $165,391,848
Binance: $82,285,183


So if we think that volume on Kucoin will reach at least the same as Binance, then the following will apply:

Total trading commissions generated : 0.1% x $82,285,183 = $82285.183
50% to be shared with token holders : (0.5 x $82285.183) / 181,043,076 KCS = $0.00022725305164 / token

With a $1000 investment in Kucoin at $0.876038, you will get 1141.5 kucoins and your daily dividends will be $0.259.

This translate to $94.68 annually.

Thats a 9.468% dividends for your investment in Kucoins when Kucoin exchange reaches the same trading volume as Binance.

Not bad for a dividend.. and a good chance for the kucoin to increase in value.


I agree I tested it i put almost 2000 kukoin and got 1 penny. It's not worth it!


The dividend from KCS is not great but it's a nice little bonus, and should not be the main reason to buy KCS.
There are many altcoins out there that give a dividend of some sort through hodling or staking (I've a few of them), but this is not the overriding reason why I bought them.
sr. member
Activity: 574
Merit: 261
October 27, 2017, 02:01:48 PM
#25
how to get Kucoin shares ?
just buy and hold it on Kucoin exchange or ?

Just buy them on the exchange. I bought some KCS on the exchange yesterday to add to my growing list of altcoins.
sr. member
Activity: 574
Merit: 261
October 27, 2017, 01:57:15 PM
#24
I really like the speculation whether Kucoin is actually Binance
It could be possible and make sense for me as a businessman.

https://www.reddit.com/r/RedPulseToken/comments/78a0qv/kucoin_is_binance/

Another question: Does the exchange need ID verification? I haven’t read anything about that in their FAQ

I might be a little bit late here in answering your question but, no you do not need any ID to sign up
Just sign up it's easy to do and if you don't like it then you can just leave it alone, but give it a go it's an easy site to use.

member
Activity: 173
Merit: 12
October 27, 2017, 10:23:41 AM
#23
Well Neo is sitting at around 9% return with gas and the price of NEO could increase. You think kucoin is a safer bet....?

I would buy both. I think Kucoin is going to rise.. i am waiting on the sideline for the price to drop below 0.8 before buying  Grin

But I think NEO will have a bigger run up in the future, especially after China comes out with their ICO and crypto regulations.
sr. member
Activity: 1022
Merit: 391
October 27, 2017, 09:13:27 AM
#22
I have not done all of these calculations but I have already thought that the new KuCoin exchange will grow well and fast, just as it will obviously make it to KuCoin share.

ICO RedPulse has had a lot of recall among investors and eventually exchange KuCoin was chosen but not Binance; this will give the new exchange a great deal of benefit and will help to grow but above all will make it known and discover to the world public.
full member
Activity: 308
Merit: 134
October 27, 2017, 05:40:03 AM
#21
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!
thanks for sharing, i have registed, i like some coins on this exchange, especially XAS, which give me much profits recently
newbie
Activity: 10
Merit: 0
October 27, 2017, 02:44:08 AM
#20
Just registered at the exchange, I like it, looks very professional. Also bought some Kucoins Smiley
Perfectly happy with 10% a year, that's better than NEO/GAS.
I think I'll buy more KCS while it's so cheap.

Now to attract large volume they need to list more coins, there are so many new coins emerging from ico's maybe that's their chance.
newbie
Activity: 39
Merit: 0
October 27, 2017, 02:33:15 AM
#19
Well Neo is sitting at around 9% return with gas and the price of NEO could increase. You think kucoin is a safer bet....?
full member
Activity: 1064
Merit: 166
October 27, 2017, 02:26:55 AM
#18
did a calculation.

Current Price of Kucoin : $0.876038
Total Supply of coins : 181,043,076 KCS
Fee on Kucoin Exchange : 0.1%

Current Volume : $2,303,159

Volume on different exchanges:
Bittrex: $241,696,372
HitBTC: $165,391,848
Binance: $82,285,183


So if we think that volume on Kucoin will reach at least the same as Binance, then the following will apply:

Total trading commissions generated : 0.1% x $82,285,183 = $82285.183
50% to be shared with token holders : (0.5 x $82285.183) / 181,043,076 KCS = $0.00022725305164 / token

With a $1000 investment in Kucoin at $0.876038, you will get 1141.5 kucoins and your daily dividends will be $0.259.

This translate to $94.68 annually.

Thats a 9.468% dividends for your investment in Kucoins when Kucoin exchange reaches the same trading volume as Binance.

Not bad for a dividend.. and a good chance for the kucoin to increase in value.

This is my referral link if anyone is joining kucoin..thanks! I just joined so as to trade RPX and buy kucoins

https://www.kucoin.com/#/signup?r=E3cEC-

thank you very nice summary ~10% yearly is not bad at all
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
October 26, 2017, 11:35:13 PM
#17
did a calculation.

Current Price of Kucoin : $0.876038
Total Supply of coins : 181,043,076 KCS
Fee on Kucoin Exchange : 0.1%

Current Volume : $2,303,159

Volume on different exchanges:
Bittrex: $241,696,372
HitBTC: $165,391,848
Binance: $82,285,183


So if we think that volume on Kucoin will reach at least the same as Binance, then the following will apply:

Total trading commissions generated : 0.1% x $82,285,183 = $82285.183
50% to be shared with token holders : (0.5 x $82285.183) / 181,043,076 KCS = $0.00022725305164 / token

With a $1000 investment in Kucoin at $0.876038, you will get 1141.5 kucoins and your daily dividends will be $0.259.

This translate to $94.68 annually.

Thats a 9.468% dividends for your investment in Kucoins when Kucoin exchange reaches the same trading volume as Binance.

Not bad for a dividend.. and a good chance for the kucoin to increase in value.

This is my referral link if anyone is joining kucoin..thanks! I just joined so as to trade RPX and buy kucoins

https://www.kucoin.com/#/signup?r=E3cEC-

I agree I tested it i put almost 2000 kukoin and got 1 penny. It's not worth it!

sr. member
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
October 26, 2017, 11:10:02 PM
#16
how to get Kucoin shares ?
just buy and hold it on Kucoin exchange or ?
member
Activity: 173
Merit: 12
October 26, 2017, 09:56:24 PM
#15
did a calculation.

Current Price of Kucoin : $0.876038
Total Supply of coins : 181,043,076 KCS
Fee on Kucoin Exchange : 0.1%

Current Volume : $2,303,159

Volume on different exchanges:
Bittrex: $241,696,372
HitBTC: $165,391,848
Binance: $82,285,183


So if we think that volume on Kucoin will reach at least the same as Binance, then the following will apply:

Total trading commissions generated : 0.1% x $82,285,183 = $82285.183
50% to be shared with token holders : (0.5 x $82285.183) / 181,043,076 KCS = $0.00022725305164 / token

With a $1000 investment in Kucoin at $0.876038, you will get 1141.5 kucoins and your daily dividends will be $0.259.

This translate to $94.68 annually.

Thats a 9.468% dividends for your investment in Kucoins when Kucoin exchange reaches the same trading volume as Binance.

Not bad for a dividend.. and a good chance for the kucoin to increase in value.

This is my referral link if anyone is joining kucoin..thanks! I just joined so as to trade RPX and buy kucoins

https://www.kucoin.com/#/signup?r=E3cEC-
sr. member
Activity: 574
Merit: 261
October 26, 2017, 03:59:06 PM
#14
Kucoin looks better than Binance. Their platform is very user friendly too. I bought some KCS today expecting it to rally after Red Pulse starts trading  just like BNB did.

I bought some KCS too, and like you said I think it will rally just like Binance.
The fool I was, I had BNB from the ICO and held onto it for a while, it looked like is was going nowhere so I sold, and guess what it shot up just as I sold. I will not make the same mistake with KCS Smiley
sr. member
Activity: 574
Merit: 261
October 26, 2017, 11:45:39 AM
#13
Kucoin looks better than Binance. Their platform is very user friendly too. I bought some KCS today expecting it to rally after Red Pulse starts trading  just like BNB did.

Once RPX holders starts to transfer there RPX onto Kucoin then trading in KCS should start to rise as the RPX holders will notice KCS and say 'I want a bit of that'.
hero member
Activity: 1274
Merit: 500
October 26, 2017, 11:43:50 AM
#12
Kucoin looks better than Binance. Their platform is very user friendly too. I bought some KCS today expecting it to rally after Red Pulse starts trading  just like BNB did.
I think if Red-Pulse were to trade on Kucoin then surely there would be a lot of investors and whales involved in Kucoin exchanges and I'm sure all altcoin exchanges on this exchange would be pumping up so high in the future.
full member
Activity: 378
Merit: 101
October 26, 2017, 11:39:59 AM
#11
Kucoin looks better than Binance. Their platform is very user friendly too. I bought some KCS today expecting it to rally after Red Pulse starts trading  just like BNB did.
full member
Activity: 168
Merit: 100
October 26, 2017, 09:55:11 AM
#10
Maybe I should share my calculations with people who are considering to buy KuCoin Shares.


The factors that have influance on the value of our dividende are (note all values of the factors are from yesterday when I calculated this):

Market Cap of all listed Coins: ~165M (I simply took the MCap of the whole market so simplify) -> When MCap increases the value of your received coins increses, so does your dividende and vise versa
Volume on the exchange: 579BTC = ~3,242,400.00$
Fee on the exchange: 0.1% (currently 0.02% due to disount promotion)


I invested 800$ and bought 1111KCS right now I'm rewarded 0.01$ each day. When the discount promotion is over tomorrow I'm rewarded 0.05$ each day.
This is equivalent to a 2,3% ROI which is kind of bad at the moment.
But for KuCoin being a new exchange and having such I great product I certainly belive the volume traded on KuCoin will soon easily be 2x-10x if not more. Which would result in a healty ROI of 5%-20%.
And this is just the dividende. If the exchange grows KCS will of course go up in price too.


By the way if you found my calculation helpful and you feel generous today feel free to use my invitation code E3a6rO if you register on KuCoin. Thanks alot  Smiley

Is there a link on the Kucoin site that details these rewards, I have searched the site and can't find anything about this. Please post a link - there's not much time left.

Hi Call_Me_Bami,
you can find information about the rewards in the whitepaper (page 7): https://assets.kucoin.com/kucoin_whitepaper_en.pdf
if the whitepaper doesn't answer your questions you can also ask me about specific topics  Smiley

Also if you hold KCS you get a discount on trading fees depending on the amount you hold just like Binance.
You can receive information about this mechanism here: https://news.kucoin.com/en/trading-fee-discount-function-will-be-activated-at-0000-27th-october-utc8/
sr. member
Activity: 574
Merit: 261
October 26, 2017, 09:49:02 AM
#9
Maybe I should share my calculations with people who are considering to buy KuCoin Shares.


The factors that have influance on the value of our dividende are (note all values of the factors are from yesterday when I calculated this):

Market Cap of all listed Coins: ~165M (I simply took the MCap of the whole market so simplify) -> When MCap increases the value of your received coins increses, so does your dividende and vise versa
Volume on the exchange: 579BTC = ~3,242,400.00$
Fee on the exchange: 0.1% (currently 0.02% due to disount promotion)


I invested 800$ and bought 1111KCS right now I'm rewarded 0.01$ each day. When the discount promotion is over tomorrow I'm rewarded 0.05$ each day.
This is equivalent to a 2,3% ROI which is kind of bad at the moment.
But for KuCoin being a new exchange and having such I great product I certainly belive the volume traded on KuCoin will soon easily be 2x-10x if not more. Which would result in a healty ROI of 5%-20%.
And this is just the dividende. If the exchange grows KCS will of course go up in price too.


By the way if you found my calculation helpful and you feel generous today feel free to use my invitation code E3a6rO if you register on KuCoin. Thanks alot  Smiley

Is there a link on the Kucoin site that details these rewards, I have searched the site and can't find anything about this. Please post a link - there's not much time left.
full member
Activity: 168
Merit: 100
October 26, 2017, 07:06:47 AM
#8
Maybe I should share my calculations with people who are considering to buy KuCoin Shares.


The factors that have influance on the value of our dividende are (note all values of the factors are from yesterday when I calculated this):

Market Cap of all listed Coins: ~165M (I simply took the MCap of the whole market so simplify) -> When MCap increases the value of your received coins increses, so does your dividende and vise versa
Volume on the exchange: 579BTC = ~3,242,400.00$
Fee on the exchange: 0.1% (currently 0.02% due to disount promotion)


I invested 800$ and bought 1111KCS right now I'm rewarded 0.01$ each day. When the discount promotion is over tomorrow I'm rewarded 0.05$ each day.
This is equivalent to a 2,3% ROI which is kind of bad at the moment.
But for KuCoin being a new exchange and having such I great product I certainly belive the volume traded on KuCoin will soon easily be 2x-10x if not more. Which would result in a healty ROI of 5%-20%.
And this is just the dividende. If the exchange grows KCS will of course go up in price too.


By the way if you found my calculation helpful and you feel generous today feel free to use my invitation code E3a6rO if you register on KuCoin. Thanks alot  Smiley
member
Activity: 80
Merit: 10
October 26, 2017, 05:31:18 AM
#7
Nice one.
Pages:
Jump to: