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[kicktracer011]

Kucoin Shares is a cryptocurrency made by the cryptocurrency exchange kucoin.com

I started holding these shares after I heard you can earn passive income with it.



How it works:
I started with buying the Kucoinshares on the kucoin exchange.
The minimum to be eligible is 6 shares so I bought 30 shares initially to test the exchange:

The exchange itself went smooth, I bought initially with NANO, because I had a small amount in that, after that worked I traded some more to the exchange with BTC.
The costs were pretty cheap since I used Litebit (EU only) to buy the bitcoin initially, and I paid 3 Dollar to send it to Kucoin.
Trading itself was another story, it was pretty new for me, but a short look later I learned that the site asks for a 0.1% trading fee, similiar to exchanges such as Binance.

After buying I waited, because the bonus is calculated each day according to the site.

The bonus is earned out of the trading fees on the exchange. By holding the shares, you earn a percentage of the trading fees on the exchange.
This means you get a lot of coins, but mostly BTC, ETH and BCH from this exchange, since those are traded the most.

The first bonus took two days to arrive:

After that, the bonus on my account was deposited every day, I think you need to wait 24 hours for the bonus to take effect on your account.
When I added more shares, I had to wait again for a day before bonuses started again.

Kucoinshares are listed on coinmarketcap

Another nice link I used to calculate the amount of coins I would get (not my site)

There is a total of 190 million Kucoin shares, with 90 million in circulation right now.

You can hold the tokens in a private wallet, but for the bonus you need to keep them on the site.

Opinions on this coin? Buy or sell?

 

[thepawitans]

Am just a faucet claimer, not doing any trades yet.

 

[Yugocean]

There is no problem in keeping the shares with the site if we earn bonus from it; we may withdrew or exchange bonus and earn from the shares.
I will keep Kucoin as one of my crypto target now.

 

[svensei]

Just a headsup if you haven't looked too much into the dividend returns, but lots of people complain about not getting paid out on time regularly, and the guarantee for 50% of the earnings to be distributed was only supposed to last through March 2018 so it could be dropping to a lower percentage in the near future (if it hasn't already). I don't own any KCS for these reasons.

There are other projects that have dividend types rewards if that's what you're interested in though, if you just Google it they'll pop-up - not looking to shill any coins personally, merely letting you guys know there's other options if you do a little more homework.

 

[kicktracer011]

Just a headsup if you haven't looked too much into the dividend returns, but lots of people complain about not getting paid out on time regularly, and the guarantee for 50% of the earnings to be distributed was only supposed to last through March 2018 so it could be dropping to a lower percentage in the near future (if it hasn't already). I don't own any KCS for these reasons.

There are other projects that have dividend types rewards if that's what you're interested in though, if you just Google it they'll pop-up - not looking to shill any coins personally, merely letting you guys know there's other options if you do a little more homework.

Very true. Most interesting ones at the moment are coins that are POS, proof of stake. Other interesting ones are NEO (which generates GAS) Ark pays ARK to delegates, SIA pays you when you rent out your storage space (harddrive on pc for example) or COSS for more exchange earnings.

I do not recommend COSS since they have a very sketchy owner. He had multiple projects before COSS, and those were failing or were literally a scam.
Small example: VRS

Coss maybe an interesting topic for an in depth review @Mr. B ? Not many people know COSS is owned by a fraud.


Other options for passive earnings are LISK and Cardano, which both show a healthy graph trending upwards, but that might change in the future which is why I mentioned these last.

 

[svensei]

Very true. Most interesting ones at the moment are coins that are POS, proof of stake. Other interesting ones are NEO (which generates GAS) Ark pays ARK to delegates, SIA pays you when you rent out your storage space (harddrive on pc for example) or COSS for more exchange earnings.

I do not recommend COSS since they have a very sketchy owner. He had multiple projects before COSS, and those were failing or were literally a scam.
Small example: VRS

Coss maybe an interesting topic for an in depth review @Mr. B ? Not many people know COSS is owned by a fraud.


Other options for passive earnings are LISK and Cardano, which both show a healthy graph trending upwards, but that might change in the future which is why I mentioned these last.

It seems unlikely that COSS.io or the COSS token are scams at this point, and while not wildly successful, the exchange is operational, they give frequent updates, the COSS token is paying out dividends as intended, and people have confirmed withdrawals on Reddit. Fiat gateway is supposed to launch soon also, and that seems far more profitable to keep running than to try a total exit scam.

I'm not going to outright defend the guys behind it, but I think by the standards of this site coss.io would fall under the LEGIT category for the reasons above.

All that said, I second the opinion that buyers beware obviously because there is a track record of failed projects and exits from their leaders, just don't think it's totally valuable or necessarily true to call out coss as a scam in of itself.

 

[kicktracer011]

It seems unlikely that COSS.io or the COSS token are scams at this point, and while not wildly successful, the exchange is operational, they give frequent updates, the COSS token is paying out dividends as intended, and people have confirmed withdrawals on Reddit. Fiat gateway is supposed to launch soon also, and that seems far more profitable to keep running than to try a total exit scam.

I'm not going to outright defend the guys behind it, but I think by the standards of this site coss.io would fall under the LEGIT category for the reasons above.

All that said, I second the opinion that buyers beware obviously because there is a track record of failed projects and exits from their leaders, just don't think it's totally valuable or necessarily true to call out coss as a scam in of itself.

Coss is well known for using shills on Reddit and 4chan to steer discussion away from the topic that the owner has a very sketchy past, and should not be trusted with the gigantic funds an exchange might use.
Decentralized is the future anyway, but for now I stick to bigger exchanges because those will always grow. Coss has been stagnating for the last couple months, not going up or down.

 

[svensei]

Coss is well known for using shills on Reddit and 4chan to steer discussion away from the topic that the owner has a very sketchy past, and should not be trusted with the gigantic funds an exchange might use.
Decentralized is the future anyway, but for now I stick to bigger exchanges because those will always grow. Coss has been stagnating for the last couple months, not going up or down.

Again, was not promoting coss.io in anyway, just pointing out that it is incorrect to outright call it a scam because it does have a functioning product and since you called for a review of it, noted that it would fall under the legit category for the reasons I listed. I seconded the opinion that people should be aware of the owners and their past and made no comments on its volume, usage, or the coss token.

 

[ipol12]

KCS is the utility coin of KuCoin like BNB of Binance. I considered buying one because it is likely to be huge as BNB since Kucoin is among the top exchanges out there. It's at the top 50 at the moment based from Coinmarketcap, and at a price of $6.48.

 

[Yugocean]

KCS is below $8 with 8% value down
With a decline of 8% in the value of KCS, it is once again priced below $8, although it is not much, it is still a good opportunity for investors. You have your choice to buy or wait for a while.

 

[Yugocean]

$8 level
Kucoin's native token is still above $8 even after the market crash, although its price has not reached $10 for quite some time, but it is being used for both short term and long term hodls. I haven't invested much in it yet.

 

[Japhnet]

Kcs is a native coin to the kucoin platform. The kcs is the secondary trading pair after th usdt. Kcs suffered alot with the previous bullish run form the beginning of last year. It was about 49 dollars. Presently it's just 8 dollars.

 

[lamia5765]

It is like BNB or CEX or any coin of a platform that is used for paying the trading fees as I guess so this is a coin particular to Kucoin to reduce such kinds of transactions as I guess as see in on trading account.

 

[cmoneyspinner]

This is my first time hearing about Kucoin shares, although I have heard a lot about this exchange platform. It is mostly positive. I am at a free faucet (cryptowin) that lets you buy shares. It's a new and different experience. But it is also very positive.

 

[Yugocean]

KCS is up

KCS has started gaining. A while back it was dropped below $4, but it gained again. It is still gaining slowly. Kucoin's stability and trust is helping it since the popularity dropped with forced KYC.

 

[Yugocean]

Improving
KCS has received a boost on the weekly star which has seen its value hold the $4.4 level, but it has not yet settled into any stability; There was a slight decline and it fell below the $4.5 level.

 

[BaleegNajar]

Thanks for sharing your experience with Kucoin Shares! The passive income model through trading fees is intriguing. I'd love to hear more opinions on the coin—anyone here have insights on whether it's a good time to buy or sell Kucoin Shares?

 

[lamia5765]

Thanks for sharing your experience with Kucoin Shares! The passive income model through trading fees is intriguing. I'd love to hear more opinions on the coin—anyone here have insights on whether it's a good time to buy or sell Kucoin Shares?

It is a coin inside kucoin KCS you could from your balance on kucoin swap to KCS to have some returns from the investing means you need to verify your account to avoid any kind of interruption for your information.

 

[BaleegNajar]

It is a coin inside kucoin KCS you could from your balance on kucoin swap to KCS to have some returns from the investing means you need to verify your account to avoid any kind of interruption for your information.

Thanks For the information!

 

[Yugocean]

42nd Token burning
The KCS team of Kucoin has recently burned 91942 $KCS in its 42nd $KCS burn program. Burn program always decrease the supply, giving KCS price a chance. The post burning KCS Supply is 144141044.