did a calculation.
Current Price of Kucoin : $0.876038
Total Supply of coins : 181,043,076 KCS
Fee on Kucoin Exchange : 0.1%
Current Volume : $2,303,159
Volume on different exchanges:
Bittrex: $241,696,372
HitBTC: $165,391,848
Binance: $82,285,183
So if we think that volume on Kucoin will reach at least the same as Binance, then the following will apply:
Total trading commissions generated : 0.1% x $82,285,183 = $82285.183
50% to be shared with token holders : (0.5 x $82285.183) / 181,043,076 KCS = $0.00022725305164 / token
With a $1000 investment in Kucoin at $0.876038, you will get 1141.5 kucoins and your daily dividends will be $0.259.
This translate to $94.68 annually.
Thats a 9.468% dividends for your investment in Kucoins when Kucoin exchange reaches the same trading volume as Binance.
Not bad for a dividend.. and a good chance for the kucoin to increase in value.
This is my referral link if anyone is joining kucoin..thanks! I just joined so as to trade RPX and buy kucoins
https://www.kucoin.com/#/signup?r=E3cEC-