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/biz/ - Business & Finance


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File: 20 KB, 480x360, kucoin.jpg [View same] [iqdb] [saucenao] [google]
4066111 No.4066111 [Reply] [Original]

>Today's developments:
Been resisting the BTC rally quite nicely, moving mostly horizontally for the past day with a healthy dip. Very big buy orders coming through, earlier I saw a 4btc worth order placed at 0.0029 ETH, so whales are arriving.

Also, today is the day that the fee promo ended (from 0.02% to 0.1%), so us KUC holders will receive 5x more dividends.

There's also a trading discount for holding KUC
https://news.kucoin.com/en/trading-fee-discount-function-will-be-activated-at-0000-27th-october-utc8/

>Features
The UI is excellent (uncannily similar to Binance's) and deposits/withdrawals are lightning fast.

>Great summary about the features of the exchange and its coin
https://bitcoinexchangeguide.com/kucoin/

>Future developments
Red Pulse is being listed exclusively on this exchange on the 28th, so volume will explode, which is good news for KUC shares. They're also opening NEO pairs, which will attract the chinese. Yeah, unlike Binance, the chinese can actually use this platform (rumored to be secretly backed by Binance). Asch will be listed on November 2nd.

Sign up here, and if you don't have a ref code please help a fellow anon out and use this one: E3LhPA

>https://www.kucoin.com/#/signup

>> No.4066155

>>4066111
Can you tell me more about kucoin? i'm looking it up on CMC and it seems like its brand new. Is this true? Seems very promising.

>> No.4066199

Moon Time.

Also,

> Kucoin will be listing Asch on November 2nd, the 4chan RE-pumped China coin

>> No.4066212

>>4066155
See here
https://bitcoinexchangeguide.com/kucoin/

It's an ERC20-compliant token tied to the exchange, similar to Binance Coin. Unlike BNB, this one is loaded with benefits for the holders, you get dividends from the trading fees collected on the exchange daily (snapshot taken at 00:00 UTC +8). You also get a discount on the trading fee for holding them.

>> No.4066218
File: 143 KB, 600x600, Thinking_Face_Emoji_grande.png?v=1480481060.png [View same] [iqdb] [saucenao] [google]
4066218

>>4066111
i wonder what the market cap is right now...still no info about it on coinmarketcap.

>> No.4066227
File: 1.31 MB, 2941x3000, 1502077172323.jpg [View same] [iqdb] [saucenao] [google]
4066227

>>4066111
this is binance coin 2.0 pre-pump
get in now or pink wojak later

>> No.4066232

>>4066212
That's neat. I signed up, looks a lot like Binance. I can see this exchange getting to binance levels.

>> No.4066246,1 [INTERNAL] 

Kucoin exchange facts:

It is really fast.

It offers 11 different languages including French, Spanish, German, Portuguese, Dutch etc.

It has more than 30 different currencies to choose from. And I dont mean crypocurrencies. EUR, USD, AUD, CAD and so on.

Until december they will have over 50 mainstream cryptocurrency pairs listed and the daily exchange volume expected to be 5,000+ BTC. Right now there are only 18 crypocurrencies and a few mainstream, like BTC, ETH, NEO, WTC, LTC, SNT...

Kucoin will open NEO market which includes RPX/NEO and GAS/NEO on 28th, October.

Kucoin offers 24/7 customer service through WeChat and other platforms. They claim that customer service issues are addressed within 10 minutes.

Kucoin holders receive GAS from NEO daily, instead of monthly on binance.

The Kucoin wallet includes multilayer encryption, offline storage in a bank safe, funds escrow, and regular auditing by the bank.

Plans to release an Android and iOS mobile app in November.

Kucoin will buy back KCS each quarter by using the 10% of profits collected from transaction fees. Buybacks will continue until 100 million KCS have been destroyed.

https://www.kucoin.com/#/signup?r=E3aJvf

>> No.4066246
File: 137 KB, 1070x819, kcs_bnb.jpg [View same] [iqdb] [saucenao] [google]
4066246

>>4066227
pic related

>> No.4066255

>>4066218
https://coincodex.com/crypto/kucoin/

>> No.4066278

Fucking MOOOOOON time

>> No.4066301

Kucoin is already laughably overvalued, it's an incredibly risky buy right now. To even pull off a x2 at this point it would have to enter the top 50.

COSS on the other hand would do a x8 simply by catching up with Kucoin. Kucoin is undeniably a better exchange right now but COSS is a superior purchase in every way.

>> No.4066315

https://kucoinshares.com/

Use this to calculate your dividends.

>> No.4066324,1 [INTERNAL] 

To improve user involvement and exchange vitality, Kucoin is going to award an incentive bonus, which equals to 50% of the total trading fees charged by the platform, to users who hold KCS in their accounts. Please note that this award proportion could be adjusted based on the actual situation in the future.

The initial amount of KCS is 200 million among which 100 million owned by the team and angel investors would not be taken into account when calculating the bonus. In addition, we guarantee that at most 100 million KCS be calculated in the bonus plan during official buy-back and destruction.

To obtain the daily bonus, users would need to deposit their KCS into Kucoin Platform. Then the platform will conduct accounting and award bonus based on to the KCS holdings in user's account at 0:00 (UTC+8) that day and all the trading fees charged to the platform on the previous day. Then the bonus gained by users will directly put to their Kucoin accounts in the corresponding currency.

For instance, If ETH-BTC cryptocurrency pair rate is 0.063 on the platform and the daily exchange volume is 30,000 BTC; based on the 0.1% rate from each side, the platform shall charge 30 BTC and 476 ETH as trading fees. The bonus for every 10,000 holdings would be 10,000 by 100,000,000 (0.01%). So that the daily bonus from this very cryptocurrency pair is 0.003 BTC and 0.0476 ETH (1 BTC and 17 ETH annually). Please note that this is ONLY the ETH-BTC exchange pair BONUS. Other than ETH-BTC, there are still various cryptocurrency pairs on the platform, which creates the trading fees in the corresponding currency and bonus based on the description above.

>> No.4066324

Let's get a chain going. Sign up using my referral link then post yours: E3ehGd

>> No.4066324,2 [INTERNAL] 

https://www.kucoin.com/#/signup?r=E3aJvf

>> No.4066379
File: 28 KB, 600x328, 555comeonnow.jpg [View same] [iqdb] [saucenao] [google]
4066379

>>4066301
m8 BNB was ~#40 during its height
this is BNB on steroids

>> No.4066702

>>4066301
It's obly 3x ico price, coss went up to what at its peak? 5x, 7x? We have lots of hype to go higher

>> No.4066988

It is worth noting that XAS will have a month of fee less trading.

This may actually dampen the price growth of Kucoin depending on how popular XAS becomes.

>> No.4067037
File: 156 KB, 682x438, kucoin.png [View same] [iqdb] [saucenao] [google]
4067037

>>4066111
>>https://kucoinshares.com/
Wow, this coin is really fucking shit.
100 000 are needed to get one dollar a day?

>> No.4067106
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4067106

>>4067037
only because it's a low volume exchange
once volume picks up (which it will because this is the new binance), dividends will be significantly higher

>> No.4067186

>>4067037
>buy 100k
>wait 100k days
>get $100k

foolproof

>> No.4067196

>>4067186
273 years sure is a good time over which I can collect my dividends

>> No.4067228

>>4067196
shit, i forgot about the whole "dying" thing we do.

>> No.4067420
File: 213 KB, 1668x1045, c74c2bw6lmnz.jpg [View same] [iqdb] [saucenao] [google]
4067420

For those who don't have a Kucoin account and want to invest.

E3IUdT


From what I saw both of us get a 40% off fees if someone registers with my link. Feel free to use it if you want.

>> No.4068289
File: 68 KB, 654x526, 1503861715514.png [View same] [iqdb] [saucenao] [google]
4068289

>>4067196
desu I'm not even in it for dividends; this is the next binance coin and has huge potential to go to at least $3 from here, easy

>> No.4068306

What is the circulating supply ?

>> No.4068315

I bought in at 14 before I realized this already has an 80 mil mcap. Pretty damn scared this is gonna tank on us

>> No.4068323
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4068323

>>4066702
>>4066278
IDK anymore

>>4066246
And how was Binance back then? Same UI and features it has now?

Are we going to make it?

>> No.4068423
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4068423

>>4068323
binance back then was basically this exchange now.
we're gonna make it, next pump is gonna be huge
don't even think about selling this until $2 MINIMUM
>>4068306
total circulating supply once it's all released will be 100m, exchange will be burning 50% supply
>>4068315
binance coin was ~#40 ranked marketcap at its height, we aren't even close to that

>> No.4068518

>>4068423
Why are you measuring in dollars? That's dumb. You realize this coin has an 80 mil mcap right. That means this shit has to hit 200 mil for you to reach your arbitrary $2 mark

>> No.4068648
File: 52 KB, 640x420, 1503942044036.jpg [View same] [iqdb] [saucenao] [google]
4068648

>>4068518
because I have no idea what sats BNB was at
were you not around for BNB? are you that new?