Amazing benefit's of investing in Exchange Coin That You May Not Know
Most of the major crypto exchanges have their own coin, for example BNB of Binance. To trade on major exchanges you must have Ethtereum or Bitcoin. Apart from Ethereum and Bitcoin some exchanges also allow to trade in USDT, and NEO. Binance is one of the biggest crypto exchange As we knows that to trade on Binance you must have Bitcoin, Etherium, USDT or Binance coin which is known as BNB.
If you trade with BNB on Binance. You have to pay very less trading fee as compare to Etherium, Bitcoin and USDT. if you look at the graph of BNB you will see coin was at the very low price when launched by Binance. smart investor who invested so early in BNB are in profit in the term of holding the BNB and trading over Binance. you can reduce your trading cost on Binance exchange by converting your ETH or BTC into BNB coin and then trade it will definitely save your money.
Kucoin is a another fastest growing exchange is Kucoin. Kucoin is a multi-cryptocurrency exchange with Service Centers based in China. Kucoin offers trading pairs such as BTC/BCH, BTC/DASH, BTC/NEO, BTC/ETH, BTC/RDN, BTC/LTC, BTC/CVC, BTC/KCS, BTC/RPX, etc. It also provides users with a mobile app available for iOS and Android.
Most crypto expert predicting that Kucoin is going to be the next Binance. if you look some of the crypto that are only available on Kucoin even though some of the major crypto are still not list at Kucoin but it is OK as it is growing exchange.
Kucoin offers their exchange coin known as Kucoin Share (KCS) it if you trade on Kucoin with KCS you can save your trading fee. One thing which makes Kucoin different over BNB coin of Binance is the their revenue sharing model based on trading volume at Kucoin.
By holding KCS you receive a daily Bonus / dividend called KuCoin Bonus. The Bonus you receive is 50% of the trading fees. If the volume & amount of coins traded increases, the bonus of holding the Shares will increase as well.
Kucoin sharing percentages is now low but it will increase in future as kucoin is growing. Most of the time I visit Kucoin I see new coin listed there.
Kucoin share growth is quite good those who have invest when it launched are now in good profit but it is not too late to Invest in Kucoin. Investment in Kucoin is Headache free because you have no need to worry about crypto market, growth of Kucoin is depend upon growth of exchange and the is no any doubt that Kucoin is one of the fastest growing exchange.
Disclaimer-: This post is not an Investment advice in Kucoin share through this post I am sharing my study and research on Kucoin please do your own research and study before make an investment in the crypto market as crypto market is very volatile.
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