How does the KuCoin bonus work?
Table of Contents
How does the KuCoin bonus work?
For KuCoin Bonus Program, you’ll receive daily rewards by holding atleast 6 KCS in either your main, trading or margin account and on Pool-X (unstaked/unlocked/tradable) and keep it for more than 24 hours. Best bonuses ever!
What is the KCS bonus on KuCoin?
KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. It is also regarded as one of the best ways to make passive income. Users who hold at least 6 KCS can get a daily bonus, which comes from 50\% of KuCoin’s daily trading fee revenue.
How do you calculate profit on KuCoin?
You can check your earnings and corresponding rankings on KuCoin Futures Lite. If a red dot appears near “My Earnings”, it means that you have had a new earning record (the PNL data from your latest closed positions).
What is the KuCoin withdrawal fee?
Even the highest fee of 0.1\% is lower than you’d get at many major exchanges. However, you also need to factor in the deposit and withdrawal fees….Fees overview.
| Cryptocurrency | KuCoin withdrawal fee | KuCoin minimum withdrawal |
|---|---|---|
| Bitcoin (BTC) | 0.0005 BTC | 0.001 BTC |
| Ethereum (ETH) | 0.004 ETH | 0.01 ETH |
Does KuCoin have high fees?
KuCoin’s trading fees are among the lowest on the market. You don’t pay any monthly account fees, and the withdrawal fees are in line with other exchanges. It is free to deposit crypto, but you will pay to deposit fiat (traditional) money like U.S. dollars.
Is KuCoin legal?
The United States has strict regulations for cryptocurrency exchanges, and KuCoin is not licensed to operate in the states. If you live in the U.S, you may be tempted to use KuCoin without completing the KYC verification. You’d have restrictions on how much you could withdraw, and how much leverage you could access.
KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform that allows holders to profit from the success of the exchange. KuCoin takes into account the amount of KCS users hold when distributing the various coins. The more KCS you hold, the more dividends you’ll receive.
What is kucoin and how does it work?
The Kucoin exchange has its own cryptocurrency called KuCoin Shares (KCS). Holders of this crypto receive dividends on a daily basis based on the amount of tokens they hold and the trades which are completed on the platform. Holders also receive exclusive promotions, rewards and offers from the exchange.
How does kukucoin calculate dividends?
KuCoin takes into account the amount of KCS users hold when distributing the various coins. The more KCS you hold, the more dividends you’ll receive. What if holding 1 coin earned you 200+ different coins every day?
What cryptocurrencies can you trade on the kucoin exchange?
Investors can also find a staggering 400+ trading pairs ranging from Bitcoin (BTC) to Dragonchain (DRGN), and this number continues to grow every month. The Kucoin exchange has its own cryptocurrency called KuCoin Shares (KCS).
https://www.youtube.com/watch?v=aWWwtalUmdU