Exchange KuCoin and KuCoin shares

[DodgyEnd]

Earned 18 USD in 1 day just holding kCS. Seems better than Mining.

2017-11-25 Received
≈ 0.00204893 BTC
≈ 18.12 USD

Here is mine from 26.11
2017-11-26 Received
≈ 0.00001101 BTC
≈ 0.10 USD

And i've got 2001 KCS.

Hmmm, yesterday I bought my first 410 KCS.... hope it's already enough to at least get something in return... So compared to you I would get ≈0,02 USD of BTC?
When is it credited?

[machamizu]

Earned 18 USD in 1 day just holding kCS. Seems better than Mining.

2017-11-25 Received
≈ 0.00204893 BTC
≈ 18.12 USD

Here is mine from 26.11
2017-11-26 Received
≈ 0.00001101 BTC
≈ 0.10 USD

And i've got 2001 KCS.

Hmmm, yesterday I bought my first 410 KCS.... hope it's already enough to at least get something in return... So compared to you I would get ≈0,02 USD of BTC?
When is it credited?

I have same problem these days. Their payment of bonus seems little bit delayed.
You should contact support if the bonus would not be payed til tomorrow.

[DodgyEnd]

Earned 18 USD in 1 day just holding kCS. Seems better than Mining.

2017-11-25 Received
≈ 0.00204893 BTC
≈ 18.12 USD

Here is mine from 26.11
2017-11-26 Received
≈ 0.00001101 BTC
≈ 0.10 USD

And i've got 2001 KCS.

Hmmm, yesterday I bought my first 410 KCS.... hope it's already enough to at least get something in return... So compared to you I would get ≈0,02 USD of BTC?
When is it credited?

I have same problem these days. Their payment of bonus seems little bit delayed.
You should contact support if the bonus would not be payed til tomorrow.

OK ty sir... I'll wait until tomorrow because I'm holding these coins now for only 24 hours... Thx!

[Easy2Mine]

Binance did not open for you to get to the stock market. Why did you pick up the binance. I hope binance can not win.

[spammed.alot]

Are there any other PoS coins (like NEO) that earn income at this point?  And will more be added later?
(And hoping BOS gets listed soon!)

[Call_Me_Bambi]

Are there any other PoS coins (like NEO) that earn income at this point?  And will more be added later?
(And hoping BOS gets listed soon!)

I don't know of any other coin that is exactly like NEO; i.e. A PoS coin that does not require you to have the wallet open to enable staking.
There are a few PoS coins out there but you have to have the wallet open, at-all-times, to enable staking, I guess the best know of these type is PIVX.

[machamizu]

Are there any information about the date of burning KCS? I thought it will be burned every quarter of a year, and the first
quarter will be on 15th of Dec.

[Cashcash]

They have a good advertising policy and they can increase their volume if they are user friendly. The site is beautiful.

[unusualfacts30]

They have a good advertising policy and they can increase their volume if they are user friendly. The site is beautiful.

I can't disagree. Eventhough kucoin price is not that great currently but it has been stable overall. They need to add more altcoins though which has big marketcap.

[minbosen]

Binance did not open for you to get to the stock market. Why did you pick up the binance. I hope binance can not win.

As far as I know, the Binance has BNB tokens, if you have some, you can use them to PAY the trading fee with 50% discount. Also, the price of BNB pumps a lot since the ICO was over.

[Cryptjunky]

I really like the Website and the entire Setup of Kucoin. Especially the Split between referral's and Share Holders is a nice chess move.

Does anybody know how the time schedule for the Apps (both Android and IOS) looks like?

[Call_Me_Bambi]

For those of you wondering why this happened..

From Kucoin.
"Ethereum network has been jamming since yesterday, a huge amount of transactions are pending in the memory pool ( see: https://etherscan.io/txsPending), this might result in slow withdrawal speed for Ethereum and ERC20 tokens. "
https://news.kucoin.com/en/announcement-about-ethereum-network-jam/

Apparently there was a Virtual-Cat Attack on the Ethereum network that all but gound it to a halt.
https://www.techrepublic.com/article/10m-worth-of-virtual-kittens-are-taking-down-blockchain-network-ethereum/

[Call_Me_Bambi]

Are there any information about the date of burning KCS? I thought it will be burned every quarter of a year, and the first
quarter will be on 15th of Dec.

The ICO ended on 1st September so should the 1st quarter not have already passed ?
They say the info will be released to the public, probably on there announcment page.

From the white paper https://assets.kucoin.com/kucoin_whitepaper_en.pdf

After the Kucoin platform opened for use, at least 10% of the net profit will be applied to the buy-back of KCS every quarter.
The KCS retrieved through buy-back will be destroyed immediately. The buy-back record shall be released to the public at
the first time, so that users can review via blockchain explorer, to ensure the open and transparent nature of the whole
process. We will continue our efforts in this regard, until 100 million KCS destroyed.

The 100 million KCS issued by public users suffers no lock-up period and opens for exchange from Sep 2nd, 2017.

[spreewel]

Yes, I am waiting for this too so we can add some value for this KCS, I bought on 14000 sats and it is down more than 4x since then, my worst investment ever.

[kim-yon]

The site is handy in my opinion. The voting system is very democratic. The phone application may be a little more useful.

[premium_domainer]

Having %50 of the fees is a great thing. Not at the moment because their volume is too low but in future, it can return something good. There is two problem with it. They will start lowering the ratio to %15 starting march and they are not doing KYC which can cause problems.

Still, if they implement KYC and reach binance volume. It can be a great asset.

[torrentco]

are kucoin shares incomes forever?
last time there was a big discussion at reddit that their kucoin shares income system was not forever.
i couldnt find the the related reddit thread but i was sure they asked kucoin devs an explanation and nothing satisfying came from their side.
that thread actually started the downfall.
it was 16 k at one point.it is only 3k now.
peope still not buying because nobody is sure the incomes forever or not.

[premium_domainer]

are kucoin shares incomes forever?
last time there was a big discussion at reddit that their kucoin shares income system was not forever.
i couldnt find the the related reddit thread but i was sure they asked kucoin devs an explanation and nothing satisfying came from their side.
that thread actually started the downfall.
it was 16 k at one point.it is only 3k now.
peope still not buying because nobody is sure the incomes forever or not.

https://www.reddit.com/r/kucoin/comments/7dm6s5/new_to_kucoin_check_this_out_faq/


Q. What is the Kucoin Bonus?
A. The Kucoin bonus is granted by holding Kucoin Shares (KCS) on the Exchange. You will not get the bonus if your KCS are held on an external wallet. This bonus is distributed at 00:00 UTC+8 daily over a period of several hours and is calculated by the amount of Kucoin Shares you hold. You will be credited with a split of 50% of the total trading fees charged by the Exchange. You can calculate your bonus at Kucoinshares.com. This bonus will be adjusted when the volume grows, however will never be reduced below 15%. It will stay at 50% for a minimum of 6 months. (Ending March 2018)


So if they hold their promise and never reduce below %15 it means it is forever. I would prefer %50 forever but if they get volume like binance %15 would be nice also.

[drvoodoo]

Yes, I am waiting for this too so we can add some value for this KCS, I bought on 14000 sats and it is down more than 4x since then, my worst investment ever.

Same.  Total shitcoin.  And the team behind it seem lazy and unmotivated. 

[premium_domainer]

Yes, I am waiting for this too so we can add some value for this KCS, I bought on 14000 sats and it is down more than 4x since then, my worst investment ever.

Same.  Total shitcoin.  And the team behind it seem lazy and unmotivated. 

I don't agree. They are working hard. And if you contact their support they are giving you an answer in seconds.

But they need to implement kyc also put fiat/btc. It will grow in time.