Cicada1033 (OP)
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October 28, 2017, 07:23:57 PM Last edit: October 29, 2017, 03:21:24 AM by Cicada1033 |
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So the new exchange KuCoin is causing quite a stir lately offering their KCS (KuCoin Sahres). At the moment their shares have the purpose of decreasing your trading fees (similar to Binance) and also paying out a daily dividend to holders which consists of 50% of the totaly trading fees the exchange has collected that day. If you want more information about the concept I will provide some links since I won't go into detail. The motivation for this topic is giving you an insight on the dividende payouts. Since I saw a similar topic for Bitconnect I thought I would give it a try with KuCoin. Website: https://www.kucoin.com (You can use my invitation code E3a6rO if you register but don't feel the need to do it) Short info about project and team: https://intro.kucoin.comWhitepaper: https://assets.kucoin.com/kucoin_whitepaper_en.pdfThanks and have fun guys. I will try to provide daily updates but will try to see first if people are actually interested in this and if I have enough time to do this.
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Cicada1033 (OP)
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October 28, 2017, 07:28:15 PM |
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Day 1Date: 2017-10-25 Investment: 0.142 BTC ≈ 800$ (2017-10-24) Initial amout of KCS: 1111.1496 Current amount of KCS: Initial price per KCS: 0.00012777 BTC ≈ 0,70733472$ Exchange Fee: 0.02% Kucoin Shares KCS Received : 0.00387915 ≈ 0,00346362 $ Bitcoin BTC Received : 0.00000056 ≈ 0,00325367 $ Monetha MTH Received: 0.0018232 ≈ 0,00014099 $ Bytom BTM Received: 0.00109095 ≈ 0,00007887 $ USDT USDT Received: 0.00026713 ≈ 0,00026704 $ Black Hole Coin BHC Received: 0.00053316 ≈ 0,00003785 $ Civic CVC Received: 0.00013705 ≈ 0,00004195 $ EOS EOS Received: 0.00015281 ≈ 0,00007690 $ Kyber Network KNC Received: 0.00012016 ≈ 0,00012857 $ TenXPay PAY Received: 0.00003041 ≈ 0,00005535 $ NEO NEO Received: 0.00000799 ≈ 0,00023123 $ OmiseGO OMG Received: 0.00001456 ≈ 0,00011255 $ Qtum QTUM Received: 0.00000766 ≈ 0,00008196 $ Ethereum ETH Received: 0.00000449 ≈ 0,00134031 $ VeChain VEN Received: 0.00002471 ≈0,00000560 $ NeoGas GAS Received: 0.00000326 ≈ 0,00006572 $ Litecoin LTC Received: 0.00000204 ≈ 0,00011371 $ Total received: 0.00958592$ I will post the missing days tomorrow. Took me longer than expected
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Cicada1033 (OP)
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October 29, 2017, 03:32:19 PM |
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Day 2
Date: 2017-10-26 Investment: 0.142BTC ≈ 800$ (2017-10-24) Initial amout of KCS: 1111.1496 Current amount of KCS: 1111.15350477 Initial price per KCS: 0.00012777BTC ≈ 0,70733472$ Exchange Fee: 0.02%
Kucoin Shares KCS Received : 0,00352846 ≈ $0,00295654
Bitcoin BTC Received : 0,00000045 ≈ $0,00258261
Status SNT Received: 0,00056786 ≈ $0,00001609
Monetha MTH Received: 0,00060980 ≈ $0,00004656
Bytom BTM Received: 0,00044753 ≈ $0,00003251
USDT USDT Received: 0,00023094 ≈ $0,00023094
Black Hole Coin BHC Received: 0,00034361 ≈ $0,00002437
Civic CVC Received: 0,00003405 ≈ $0,00001042
EOS EOS Received: 0,00002249 ≈ $0,00001132
Kyber Network KNC Received: 0,00003889 ≈ $0,00004200
TenXPay PAY Received:0,00000828 ≈ $0,00001499
NEO NEO Received: 0,00000807 ≈ $0,00023355
OmiseGO OMG Received: 0,00000729 ≈ $0,00005635
Qtum QTUM Received: 0,00000204 ≈ $0,00002183
Ethereum ETH Received: 0,00000382 ≈ $0,00114031
NeoGas GAS Received: 0,00000104 ≈ $0,00002063
Litecoin LTC Received: 0,00000069 ≈ $0,00003870
Total received: $0,00748531
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Cicada1033 (OP)
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October 29, 2017, 03:47:35 PM |
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Day 3
Date: 2017-10-27 Investment: 0.142BTC ≈ 800$ (2017-10-24) Initial amout of KCS: 1111.1496 Current amount of KCS: 1111.15703323 Initial price per KCS: 0.00012777BTC ≈ 0,70733472$ Exchange Fee: 0.02% / 0.1%
Kucoin Shares KCS Received : 0,00784129 ≈ $0,00658628
Bitcoin BTC Received : 0,00000135 ≈ $0,00796465
Status SNT Received: 0,00707514 ≈ $0,00021011
Monetha MTH Received: 0,00457796 ≈ $0,00032993
Bytom BTM Received: 0,00346408 ≈ $0,00025353
USDT USDT Received: 0,000771 ≈ $0,00077100
Black Hole Coin BHC Received: 0,00136148 ≈ $0,00008129
Civic CVC Received: 0,00043288 ≈ $0,00013249
EOS EOS Received: 0,00042157 ≈ $0,00021875
Kyber Network KNC Received: 0,00030009 ≈ $0,00031209
TenXPay PAY Received:0,00008176 ≈ $0,00014635
NEO NEO Received: 0,00002938 ≈ $0,00083057
OmiseGO OMG Received: 0,00005622 ≈ $0,00043121
Qtum QTUM Received:0,00002402 ≈ $0,00025413
Ethereum ETH Received: 0,00001035 ≈ $0,00308958
NeoGas GAS Received: 0,00000909 ≈ $0,00016980
Litecoin LTC Received: 0,00000291 ≈ $0,00016281
Total received: $0,02195017
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Cicada1033 (OP)
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October 29, 2017, 04:01:35 PM |
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Day 3
Date: 2017-10-28 Investment: 0.142BTC ≈ 800$ (2017-10-24) Initial amout of KCS: 1111.1496 Current amount of KCS: 1111.16487452 Initial price per KCS: 0.00012777BTC ≈ 0,70733472$ Exchange Fee: 0.1%
Kucoin Shares KCS Received : 0,01923535 ≈ $0,01739320
Bitcoin BTC Received : 0,00000254 ≈ $0,01470106
Status SNT Received: 0,00476802 ≈ $0,00016301
Monetha MTH Received: 0,00361753 ≈ $0,00026840
Bytom BTM Received: 0,00231377 ≈ $0,00019175
USDT USDT Received: 0,00295992 ≈ $0,00295992
Black Hole Coin BHC Received: 0,00101531 ≈ $0,00007163
Civic CVC Received: 0,00031774 ≈ $0,00009725
EOS EOS Received: 0,00032031 ≈ $0,00016765
Kyber Network KNC Received: 0,00025688 ≈ $0,00025688
TenXPay PAY Received: 0,0000612 ≈ $0,00011016
NEO NEO Received: 0,00008269 ≈ $0,00238809
OmiseGO OMG Received: 0,00003785 ≈ $0,00028236
Qtum QTUM Received: 0,00001486 ≈ $0,00015306
Ethereum ETH Received: 0,00002035 ≈ $0,00605433
NeoGas GAS Received: 0,00000812 ≈ $0,00015428
Litecoin LTC Received: 0,00000436 ≈ $0,00024124
Total received: $0,04565427
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Savik
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October 30, 2017, 07:00:31 PM |
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Thanks for posting this, I will be curious to see how the dividends grow as the exchange does too.
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sharpshot
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November 01, 2017, 08:16:08 AM |
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If the dividends grow, I'm sure the exchange will become more attractive but how will they grow if not many people use it? I'll start using it but I'm not going to make much impact on those dividends
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goraset
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Activity: 2338
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November 01, 2017, 08:26:56 AM |
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follow-up, high potential exchange the volume is increasing day by day
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Alcarin
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November 24, 2017, 09:30:28 AM |
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I own around 7.000 Kucoin shares and generate around 0.45USD a day through all the coins/tokens I gain, but currently this is nothing, but the idea is behind accumulating coins which may go x2 x10 etc... Now imagine if Kucoin gains x5 or x10 volume. Which is relatively realistic. It means with 3.500USD invested you will be getting roughly 150USD a month from extra coins, even if thosecoins value stays the same. The only cons is that if kucoin shuts down you have nowhere to sell Kucoin shares... Also volume is going up nicely and coins are being added weekly... now they are adding option to vote for coin which is great. If you found my post helpful I would be happy if you sign on Kucoin using my referal: https://www.kucoin.com/#/?r=E3I9IjThanks and good luck in trading or hodling
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xiaohang07
Sr. Member
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Open and Transparent Science Powered By Blockchain
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November 27, 2017, 07:36:22 PM |
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I own around 7.000 Kucoin shares and generate around 0.45USD a day through all the coins/tokens I gain, but currently this is nothing, but the idea is behind accumulating coins which may go x2 x10 etc... Now imagine if Kucoin gains x5 or x10 volume. Which is relatively realistic. It means with 3.500USD invested you will be getting roughly 150USD a month from extra coins, even if thosecoins value stays the same. The only cons is that if kucoin shuts down you have nowhere to sell Kucoin shares... Also volume is going up nicely and coins are being added weekly... now they are adding option to vote for coin which is great. If you found my post helpful I would be happy if you sign on Kucoin using my referal: https://www.kucoin.com/#/?r=E3I9IjThanks and good luck in trading or hodling Agree, kucoin does have the potential to scale up and be successful. The team is good and the strategy is also good, I would say.
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Cicada1033 (OP)
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December 29, 2017, 02:55:41 AM |
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Maybe I should revive my thread due to the latest run up on KuCoin I hope there is a price drop soon so I can buy some more. Beeing a moron like always I sold most of my KCS in the latest BTC bull run
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kryptqnick
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Join the world-leading crypto sportsbook NOW!
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June 16, 2018, 02:49:38 PM |
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If the dividends grow, I'm sure the exchange will become more attractive but how will they grow if not many people use it? I'll start using it but I'm not going to make much impact on those dividends If I understood it correctly, this is like Binance coin, offered as a coin to put in pairs with others for trading. BNB has grown 10x, which is surely very impressive. But Kucoin shares are about 4x down right now. And the market is not as popular as Binance. The former has less than 3% of the trading volume of the latter. Moreover, what if the owners of Kucoin are not interested in these 'price jumps'? As it is their coin, they are probably somewhat in control of it. They can go for stabilization instead of big fluctuation and investing in it will be like investing in Tether.
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ShadowBCH
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June 30, 2018, 09:12:11 PM |
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They cheat in every contest! Do you want an example? calculate the total turnover of ZINC coins . You will see that all of the coins turned is 4.1 million. And on the competition list of the first two players has a turnover of 4 million. What about the rest of the turnover of other players from the contest list? list of participants - https://www.kucoin.com/#/rank/ZINC coin chart: competition chart: KUCOIN is the biggest cheat in Crypto!!
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