Hello everyone, first time poster here, so don't be too harsh
I just wanted to share something I learned today. I've held NEO for a few months and have been a bit lazy on looking into how to generate GAS and set up a wallet. Which was dumb because I've been missing out on some good passive income! (don't be lazy, don't be dumb).
But to get to my point, I'm also a big fan of the Kucoin exchange and have been on there for awhile now. For those that do not know one of the perks Kucoin offers is that they credit you with the GAS that you earn. Binance also does this, however Kucoin has two critical advantages, imo. First Binance credits you with GAS monthly, Kucoin credits you daily. Second, Kucoin has NEO based markets one of which is NEO/GAS! My main goal of generating GAS is to use it as compound interest to increase my amount of NEO. Therefore with Kucoin it is a huge advantage over Binance to be able to convert GAS to NEO daily and to do so without having to pay transaction fees to btc/eth and then to NEO. It also provides an easy view of which is performing better currently, NEO or GAS, and should you hold or sell you GAS.
To be clear, putting NEO in a secure wallet is much safer. However, if you are a NEO guppy though, like myself, I think its worth the risk to try and maximize your GAS income to purchase more NEO.
I did search to see if this topic had been covered, did see anything obvious but again newbie here. Appreciate any feedback, critiques, am I missing anything here, what do people think, anyone find this helpful?
Also if you haven't checked out Kucoin it is new but it has lots of perks (like supporting ALL coin forks: pennies for S2X?? but it was free!), similar to Binance but I think it is far better and will, in time, surpass them. If you like it and your feeling altruistic sign up with my invite link.
https://www.kucoin.com/#/?r=1J5y2Looking forward to 2018!
