Kucoin Shares

[locsta123]

So I have a small amount of kucoin shares, I like how you earn interest in every coin on the exchange but don't like the fact that you have to keep it on the exchange. What is everyones thoughts on this is it really unsafe to invest in Kucoin shares solely because you have to keep it on the exchange to earn your dividends? What is everyone else's opinon?

[1714794819]

1714794819

[1714794819]

1714794819

[o_e_l_e_o]

Look at it this way: The value of KCS is entirely dependent on the KuCoin exchange being solvent. If the exchange goes the way of Mt Gox, KCS will be worthless anyway.

Having said that, if you want an exchange that pays dividends for holding their token AND lets you store it in a private wallet, check out COSS.

[locsta123]

Look at it this way: The value of KCS is entirely dependent on the KuCoin exchange being solvent. If the exchange goes the way of Mt Gox, KCS will be worthless anyway.

Having said that, if you want an exchange that pays dividends for holding their token AND lets you store it in a private wallet, check out COSS.

cool thanks for the info, I vaguely remember coss I will check it out again, I think now and the next few months will be a good time to buy anyway

[Elysio]

I bought it at very low prices. I sold 50% profit. much more after me than the price. 5x maybe 7x. but it's always good to get your profit out.

[o_e_l_e_o]

cool thanks for the info, I vaguely remember coss I will check it out again, I think now and the next few months will be a good time to buy anyway

They are in the process of adding fiat pairings on COSS, so might be a good time to get involved. I don't own any currently, but if I remember correctly there were instructions on their site about how to withdraw your tokens and still earn dividends to your account.

[RNGfight]

Kucoin exchange is a shit exchange, so there is no trading volume.
But it is a good choice to buy KCS. If you believe that kucoin will change greatly in the future, it is worth trusting KCS.

[bellamente]

It looks like a fraudulent project. To invest and store only on a centralized exchange to receive shares ...

This is very dangerous and I am afraid to participate in such projects