Topic: I think KuCoin is potentially one of the most profitable coins to own (Read 2124 times)
October 11, 2018, 08:54:21 AM
Absolutely. If you are going to own coins then you might as well make sure that the coin that you are holding is one that already has something tangible backing it up and in the long run the exchange backed coins are going to be one of the most valuable coins for anyone to own. So buying them and holding them for the long term is one of the best things to do.
October 09, 2018, 04:06:44 AM
Indeed, if the Exchange has a Coin that is very good for the future of the Coin.
KuCoin has a coin named KuCoin Shares (KCS), I see that All Time High is also around 142,000 Satoshi and now it costs around 16,000 Satoshi.
ref: https://coinmarketcap.com/currencies/kucoin-shares/
KuCoin has a coin named KuCoin Shares (KCS), I see that All Time High is also around 142,000 Satoshi and now it costs around 16,000 Satoshi.
ref: https://coinmarketcap.com/currencies/kucoin-shares/
September 18, 2018, 05:10:16 AM
Kucoin is one of the best exchanges. I like the exchanges' coins, because you always can see the product behind them. Binance, Huobi, Kucoin are all great coins, but if such a coin goes higher than 50 usd is another question 
September 18, 2018, 04:45:20 AM
And wht is about EOS, for example? This coin is more promising for me than KuCoin because I can't see any stronger indexes from this one when EOS seems to be stronger so much, doesn't it?
Each person has different views and they feel different potential of each coin. You feel EOS and he is Kucoin, both have good potential. If I choose 1 in 2, I also agree that EOS in the top 10 has greater potential. 
September 18, 2018, 04:35:51 AM
Yes KuCoin is potentially one of the most profitable coin to own because.
KuCoin Invests $3 Million in Aussie Crypto Exchange Bitcoin Australia to Expand its Market Down under
Singaporean cryptocurrency exchange, KuCoin is set to enter the Australian waters as it looks to expand its operations down under. Per a report by The Australian Financial Review on September 9, 2018, KuCoin has made an investment of $3 million in the Aussie exchange Bitcoin Australia. The other reason kucoin will gives us passive income by holding on the exchangers.
KuCoin Invests $3 Million in Aussie Crypto Exchange Bitcoin Australia to Expand its Market Down under
Singaporean cryptocurrency exchange, KuCoin is set to enter the Australian waters as it looks to expand its operations down under. Per a report by The Australian Financial Review on September 9, 2018, KuCoin has made an investment of $3 million in the Aussie exchange Bitcoin Australia. The other reason kucoin will gives us passive income by holding on the exchangers.
September 18, 2018, 04:20:58 AM
And wht is about EOS, for example? This coin is more promising for me than KuCoin because I can't see any stronger indexes from this one when EOS seems to be stronger so much, doesn't it?
September 13, 2018, 08:41:35 AM
That's what Kucoin has been saying for months. But the exchange was totally full of shit coin.
September 13, 2018, 08:39:37 AM
Most of you are probably aware of KuCoin by now, be it through having registered or having been spammed with referral links. The level of advertising is almost suspect, but it's really just one of the ways in which the exchange has experienced such aggressive growth. For those of you who've been around a while, this is very reminiscent of Binance's infancy just several months ago. Daily exchange volume has increased from 15m to an average of 55m in less than two weeks, peaking at 70m after the Deep Brain Chain ICO was launched on Friday.
Why KuCoin? One of Binance's novel ideas was creation of the fee reducing BNB token, with a supply that is reduced quarterly through a buy back program. KuCoin has taken this many steps further. In addition to fee reduction (the tokens are not spent like BNB!) holders of KuCoinShares (KCS token) will receive DAILY dividends of the exchange's revenue. The amount of dividends you receive will be proportional to the number of KCS you own. Currently, KCS holders receive 50% of the exchange's collected fees. The way this works is that you are paid in coins, proportionate to the amount of trade volume each coin had. If BTC does half of the day's trade volume, half of your dividends will be paid in BTC. The 50% figure will diminish incrementally as the exchange's daily volume increases, but it still becomes increasingly profitable.
You can view the dividend rates on this spreadsheet, created by /u/NeoFattener https://www.reddit.com/r/kucoin/comments/7ngtdu/10k_kcs_can_set_you_up_for_life_with_passive/
Furthermore, the team will be instituting a quarterly buyback program with profits this March. Exact details have yet to be released.
Additional Math: At the time of this writing, 10k KCS costs 35000 USD. KuCoin is currently averaging 60m volume per day, meaning a 35000$ investment will net you 2k per year. Roughly 5%. Fairly paltry.
KuCoin is where Binance was 6 months ago. Binance now averages 3 billion dollars in daily trade volume. If KuCoin can attain that, a 35k TODAY investment will pay 32k per year. That is 90%.
For reference, NEO pays less than 5% per year in passive income through GAS generation. QTUM is 5.5%. PIVX and DASH are slightly more if you can afford the high tier nodes. ETH is projected to yield between 3-5% when Proof of Stake is released. This means that if KuCoin reaches Binance-tier volume, the KCS will still be a better buy (in terms of passive income) than NEO or ETH, all the way up to 40 dollars. It's less than 4 now. We are quite early. Even if this exchange was to stagnate and never rise above 60m daily volume, your earnings will be similar to that of most other passive income mechanisms in crypto.
But wait, there's so much more. All of these calculations were based on the valuations of the coins at the time you receive them. If you're bullish about the overall market, the sum average value of those coins will increase with time. Every coin on CMC that existed in early 2017 was worth exponentially less than it is now. $100 in Verge last January is now worth roughly 500k. So your 90% annual returns could end up being astronomically more.
Why I believe KuCoin will succeed:
Binance's rapid ascent can largely be attributed to their customer service, community engagement, frequent coin listings, and of course the BNB token. KuCoin boasts all of these features and more. I find the UI to be smoother than any other exchange I've used. Customer support is available most hours. There are ongoing trading competitions and coin polls. Additionally, KuCoin has listed all of the recent NEO ICOs on their day of release. Most exchanges have yet to integrate the NEP5 token wallets. They even have NEO pairings for most coins, which is good to see as NEO will become a dominant coin in 2018.
Crypto is still growing. If you haven't cashed out yet you likely agree with this sentiment. It's not far fetched to say this exchange could reach 5-10b in daily volume by year's end.
The team behind KuCoin is topnotch. Michael Gan was an executive at Alipay and helped scale the network to accommodate some 100 million customers. And as you can see, they are well ahead of their road map. Very accessible in the telegram as well if you care to chat.
https://intro.kucoin.com/
I should note, as someone else invariably will, the site has been experiencing issues the past several days. This can mostly be attributed to the fact that the userbase has grown exponentially in just the last two weeks. The team is currently working around the clock to improve the infrastructure, and I have no doubt they will. Binance experienced growing pains all the same. And this is the part where I shill my referral code. I've spent a lot of time contemplating this exchange and have recently decided to invest heavily in it. Keep in mind, when someone else posts a write-up to this sub, 99% of the time it's because they want you to buy their coin. Anonymous interactions are always transactional in some form. It's an investment of their time for your purchase. Should the coin fail, you lose money. You don't lose anything by using my code. 1hvd8
p.s. They are listing Raiblocks in 1-2 days
Why KuCoin? One of Binance's novel ideas was creation of the fee reducing BNB token, with a supply that is reduced quarterly through a buy back program. KuCoin has taken this many steps further. In addition to fee reduction (the tokens are not spent like BNB!) holders of KuCoinShares (KCS token) will receive DAILY dividends of the exchange's revenue. The amount of dividends you receive will be proportional to the number of KCS you own. Currently, KCS holders receive 50% of the exchange's collected fees. The way this works is that you are paid in coins, proportionate to the amount of trade volume each coin had. If BTC does half of the day's trade volume, half of your dividends will be paid in BTC. The 50% figure will diminish incrementally as the exchange's daily volume increases, but it still becomes increasingly profitable.
You can view the dividend rates on this spreadsheet, created by /u/NeoFattener https://www.reddit.com/r/kucoin/comments/7ngtdu/10k_kcs_can_set_you_up_for_life_with_passive/
Furthermore, the team will be instituting a quarterly buyback program with profits this March. Exact details have yet to be released.
Additional Math: At the time of this writing, 10k KCS costs 35000 USD. KuCoin is currently averaging 60m volume per day, meaning a 35000$ investment will net you 2k per year. Roughly 5%. Fairly paltry.
KuCoin is where Binance was 6 months ago. Binance now averages 3 billion dollars in daily trade volume. If KuCoin can attain that, a 35k TODAY investment will pay 32k per year. That is 90%.
For reference, NEO pays less than 5% per year in passive income through GAS generation. QTUM is 5.5%. PIVX and DASH are slightly more if you can afford the high tier nodes. ETH is projected to yield between 3-5% when Proof of Stake is released. This means that if KuCoin reaches Binance-tier volume, the KCS will still be a better buy (in terms of passive income) than NEO or ETH, all the way up to 40 dollars. It's less than 4 now. We are quite early. Even if this exchange was to stagnate and never rise above 60m daily volume, your earnings will be similar to that of most other passive income mechanisms in crypto.
But wait, there's so much more. All of these calculations were based on the valuations of the coins at the time you receive them. If you're bullish about the overall market, the sum average value of those coins will increase with time. Every coin on CMC that existed in early 2017 was worth exponentially less than it is now. $100 in Verge last January is now worth roughly 500k. So your 90% annual returns could end up being astronomically more.
Why I believe KuCoin will succeed:
Binance's rapid ascent can largely be attributed to their customer service, community engagement, frequent coin listings, and of course the BNB token. KuCoin boasts all of these features and more. I find the UI to be smoother than any other exchange I've used. Customer support is available most hours. There are ongoing trading competitions and coin polls. Additionally, KuCoin has listed all of the recent NEO ICOs on their day of release. Most exchanges have yet to integrate the NEP5 token wallets. They even have NEO pairings for most coins, which is good to see as NEO will become a dominant coin in 2018.
Crypto is still growing. If you haven't cashed out yet you likely agree with this sentiment. It's not far fetched to say this exchange could reach 5-10b in daily volume by year's end.
The team behind KuCoin is topnotch. Michael Gan was an executive at Alipay and helped scale the network to accommodate some 100 million customers. And as you can see, they are well ahead of their road map. Very accessible in the telegram as well if you care to chat.
https://intro.kucoin.com/
I should note, as someone else invariably will, the site has been experiencing issues the past several days. This can mostly be attributed to the fact that the userbase has grown exponentially in just the last two weeks. The team is currently working around the clock to improve the infrastructure, and I have no doubt they will. Binance experienced growing pains all the same. And this is the part where I shill my referral code. I've spent a lot of time contemplating this exchange and have recently decided to invest heavily in it. Keep in mind, when someone else posts a write-up to this sub, 99% of the time it's because they want you to buy their coin. Anonymous interactions are always transactional in some form. It's an investment of their time for your purchase. Should the coin fail, you lose money. You don't lose anything by using my code. 1hvd8
p.s. They are listing Raiblocks in 1-2 days
The detailed information you have giving about Kucoin exchange is quite amazing and incredible, if they could implement what they have in mind, i thinks Kucoin shares could be a great investment, thanks
September 13, 2018, 08:28:40 AM
Is it competitive to EOS or ETH? I am not sure. This cryptocurrency is good for short term projects but in the long term t is useless absolutely for me.
September 07, 2018, 06:57:43 PM
I also think so too. Kucoin is a very popular exchange with high trading volumes, and as long as people use the exchange frequently, there will always be need for the Kucoin shares token. Also, the company burnt some of its tokens few months ago.
September 07, 2018, 06:55:53 PM
I watch him every time, and it's a pretty weird picture.
When the whole market is red, it is green.
When the whole market is green, it is red.
When the whole market is red, it is green.
When the whole market is green, it is red.
September 01, 2018, 04:17:46 PM
Thanks for sharing.
I use KuCoin exchange, like it. I think it has good future. Kucoin itself should also get valuable and profitable, cause they have very good working product.
It caught very srtong green wave, hope it ll go up and up
I use KuCoin exchange, like it. I think it has good future. Kucoin itself should also get valuable and profitable, cause they have very good working product.
It caught very srtong green wave, hope it ll go up and up
September 01, 2018, 04:00:36 PM
I'm a huge fan of exchange coins, especially seeing what the Binance coin (BNB) how turned out. So besides Kucoin's KCS, I'm vested in Bibox's BIX, Coinex's CET and a few other exchanges with native tokens. The sole reason is that whether in a bear or bull market situation, exchanges will always remain profitable.
September 01, 2018, 03:51:30 PM
This is really positive statement,talking about in terms of low fees and variety of coins then KuCoin will be the best exchnage and profitable coins to own. I have love with Kucoin since i started. Buy and hold KuCoins. Get paid dividends on each coin listed on the exchange each day. And roads on become a top exchange.
September 01, 2018, 03:37:06 PM
Yea it really is potentially one of the most profitable coins out there but that is only in theory at this point. Look at it, there are other altcoins which are doing way better in the market right now and there is no way that we can say for sure that kucoin can beat out all of these coins to take the spot of the most profitable coin. It is a promising coin though, that much is sure.
August 30, 2018, 01:13:27 PM
I also have read and agree with the majority that this is a pretty good purchase . but in my opinion it will be a good investment for long periods
August 02, 2018, 03:50:49 AM
This exchange is very promising - I really like its speed and potential,the number of good coins that are traded on it. From this, the coin is also very profitable . Good project brings good product
August 01, 2018, 01:22:37 AM
I like KuCoin exchange, it's something different, they are listing NEO based coins realy fast. I participate in many of their contests and anquette. I was sceptical at first, but however silly that contest is they always deliver promissed tokens. And there are almost every day some new contests.
July 31, 2018, 02:42:56 PM
I think so too. The thing about coins by exchanges is that they already have an established institution behind them so people are more likely and more inclined to support these coins hereby increasing the value of the coin. Kucoin is one of the coin by exchanges that I really believe in, if you want to make profit in the long run then I suggest you invest in this coin.
July 29, 2018, 02:23:36 PM
Although i also support kucoin and kcs token but we cannot be sure to say that it is the most profitable project or not, just keep in mind that some people purchase kcs at around $20 per kcs, they are in big loss but i have high hopes it will go back to that price in next alt season.
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