90% Discount On Buying Bitcoin On KuCoin Exchange

[kannikaamudee]

The KuCoin2ndAnniversary just proved that there's no regret on choosing kucoin as a crypto exchange. The team have done their job well by launching innovative platforms for traders. Now the giveaways and discount on buying btc with a huge discount simply proves how big the community grow, Congratulations kucoin and happy anniversary


More details: https://www.kucoin.com/activity/86

[bitmover]

The KuCoin2ndAnniversary just proved that there's no regret on choosing kucoin as a crypto exchange. The team have done their job well by launching innovative platforms for traders. Now the giveaways and discount on buying btc with a huge discount simply proves how big the community grow, Congratulations kucoin and happy anniversary


More details: https://www.kucoin.com/activity/86

There is nothing good about this.

You need to buy KCS in order to be able to buy bitcoin with that discount.
They are basically paying for you to buy their shitcoin and pump its value.

This is moral and ethically wrong, and also has consequences for KCS holders. Additionally, some questions naturally shows up: is Kucoin really safe? Do they have the liquid to withdrawal all that btc with 90%?

They shouldn't be doing that IMO.

[Duzter]

The KuCoin2ndAnniversary just proved that there's no regret on choosing kucoin as a crypto exchange. The team have done their job well by launching innovative platforms for traders. Now the giveaways and discount on buying btc with a huge discount simply proves how big the community grow, Congratulations kucoin and happy anniversary


More details: https://www.kucoin.com/activity/86

There is nothing good about this.

You need to buy KCS in order to be able to buy bitcoin with that discount.
They are basically paying for you to buy their shitcoin and pump its value.

This is moral and ethically wrong, and also has consequences for KCS holders. Additionally, some questions naturally shows up: is Kucoin really safe? Do they have the liquid to withdrawal all that btc with 90%?

They shouldn't be doing that IMO.

Well said, bitcoin pairing with KCS token gets you with such a discount. Other than this you get discount on the transaction fee when paid with KCS token. This is commonly found with almost every exchange, and this is a better plan to keep the native token get stronger and stronger in the market.

[boyptc]

50+ KCS on the account and users must be verified to be eligible.

90% sale, wow!

Now a new type of airdrop/giveaway has been born which will be imitated by others too.

Happy 2nd anniversary kucoin.

[Lanatsa]

Reading up the mechanics or requirement of such flash sale.

~150 BTC total on the said sale
~0.075 BTC limit for each account
~KYC verified

So, if we do try to divide this will be having 2,000 exchange users to get such discount event.The good thing is that KCS isn't really that expensive for you
to purchase on.

[serjent05]

There is nothing good about this.

You need to buy KCS in order to be able to buy bitcoin with that discount.
They are basically paying for you to buy their shitcoin and pump its value.

This is moral and ethically wrong, and also has consequences for KCS holders. Additionally, some questions naturally shows up: is Kucoin really safe? Do they have the liquid to withdrawal all that btc with 90%?

They shouldn't be doing that IMO.

I don't see how is this thing wrong.  This is their way of promoting their KCS token and thanking their community in supporting them.  You buy KCS, then you buy their BTC with your KCS, if you already have KCS it is a very good deal.  Besides, purchase amount per verified user is limited.  They won't do this kind of promotion if they do not have BTC in hand else all their effort will be in vain if they failed to deliver those BTC.

[figmentofmyass]

There is nothing good about this.

You need to buy KCS in order to be able to buy bitcoin with that discount.
They are basically paying for you to buy their shitcoin and pump its value.

This is moral and ethically wrong, and also has consequences for KCS holders.

it's not that bad. it's essentially a buyback program. they are putting up 150 BTC to buy back KCS from holders.

it seems like a win-win for kucoin users. if you don't hold KCS, you can buy it to get a discounted 0.075 BTC---it's really unlikely that price will pump beyond the 90% discount. if you already hold KCS, you can trade it for a discounted 0.075 BTC.

the only ones left holding the bag = kucoin. they're paying a pretty steep price for peoples KCS.

Additionally, some questions naturally shows up: is Kucoin really safe? Do they have the liquid to withdrawal all that btc with 90%?

the "flash sale" is limited to 150 BTC total. i sure hope they enough liquidity for that.

[bitbenzhong]

kcs is market coin,i don't trust it. 90% discount look like a jake.

[cr1776]

150 BTC total?  If that is all they can afford I'd question the viability of the exchange.

[figmentofmyass]

150 BTC total?  If that is all they can afford I'd question the viability of the exchange.

they are just putting up 150 BTC/$1.5 million to buy back their own kucoin shares from investors. i don't think that says anything negative about their liquidity or viability as an exchange.

it's just a way they are trying to add value to KCS. it's paltry compared to what binance did with BNB, but it's the same idea.

[coin-investor]

Reading up the mechanics or requirement of such flash sale.

~150 BTC total on the said sale
~0.075 BTC limit for each account
~KYC verified

So, if we do try to divide this will be having 2,000 exchange users to get such discount event.The good thing is that KCS isn't really that expensive for you
to purchase on.

That's true you only need $100 to buy 50 or more Kucoin shares to qualify, @ $1.74 this is a great promotion and the best way to hype their coins, the mechanism is simple and a way to restrict abuse, and I'm pretty sure they will do this kind of promotion again.

Only one day to go and I will not have a chance to participate, because it will take me three more days to fund my account, but anyway congratulations to the team, they are really growing as one of the best exchange in the market.

[Lanatsa]

Reading up the mechanics or requirement of such flash sale.

~150 BTC total on the said sale
~0.075 BTC limit for each account
~KYC verified

So, if we do try to divide this will be having 2,000 exchange users to get such discount event.The good thing is that KCS isn't really that expensive for you
to purchase on.

That's true you only need $100 to buy 50 or more Kucoin shares to qualify, @ $1.74 this is a great promotion and the best way to hype their coins, the mechanism is simple and a way to restrict abuse, and I'm pretty sure they will do this kind of promotion again.

Only one day to go and I will not have a chance to participate, because it will take me three more days to fund my account, but anyway congratulations to the team, they are really growing as one of the best exchange in the market.

They are doing on what been Binance been doing into their own BNB token but now its on a different way but on the same essence.
Giving out promotions which trying to take advantage on such event same goes on increasing up the demand of their own local token.
Not actually a bad idea and I'm pretty sure that some small exchangers next to it will also make up some gimmick or promotion just to make
the same set-up.It is somewhat effective on increasing their token though and Kucoin do had some good idea that we haven't seen before specially that
BTC purchase discount.

[serjent05]

It seems the flash sales is over, anyone got their chance to purchase this BTC.  I tried but it seems my connection is too slow, it was sold out after a moment the timer expires and before my purchase went through.    It would be nice to know if anyone from this forum got this huge discount.

[darewaller]

There is no regret at all, kucoin has been one of the most fantastic exchange that I have ever come across on my history in cryptocurrency industry, just exactly like the way binance started too, with very great features and quality which they started growing, I can see that kucoin is also growing very high in hype and in volume. One thing I like about them is that they don’t have fake volume, I have tried to study them carefully and studied every data that is on their platform, there is really nothing shady about them.

I think that binance really need to watch out for kucoin because of the way they are genuinely coming with speed and a very reliable platform, all that is juts remaining for them to be like binance is to reduce their trading fee.