It was less than a year ago, and it would be unbelievable that Kucoin Shares [KCS] were now trading at $3 from a price of $1.7 just two months ago. Looking at the exchange and its competition, you would anticipate very much potential in term of success. Despite, the dropping crypto prices,
Kucoin Shares was among the few who saw positive gains. Up to now, the token is still witnessing a steady price range and is managing to record small yet impressive gains. In anticipation of the increase, there are several elements with the exchange and token that I anticipate could have a positive impact on the price make it among the best investment in the coming months. These factors could secure the future of Kucoin shares.
At first sight, Kucoin shares [KCS] trading charges and withdrawal fees are much like the rate on most exchanges. Still, the approach has a unique part to it in the amount of payment Kucoin takes for every trade. It is common knowledge that most exchanges charge excessive fees for the trades, which are not even up to standards. For example, Bittrex stands at 0.25% while other such as Poloniex start with a 0.15%. For Kucoin’s exchange, the fee is only 0.1%. The reasonable withdrawal fees could prove to be a massive attraction for the platform regarding users. Consequently, a reaction would be an increase in Kucoin Shares holders and ultimately its value price.
Another positive sign with Kucoin is the steady growth over the past few months. And although the price began the year on a bad start, Kucoin Shares have proven their resilience once again. But how does the cryptocurrency keep overcoming the slumps? Well, much of the stability has to do with the exchange’s structure. Initially fear was that the model was more of an MLM/ Pyramid scheme. However, the multi-level ecosystem of referrals is helping the exchange users earn while the currency achieves liquidity through the payouts. Additionally, the Kucoin exchange helps the token holders dispose of their cryptocurrency whenever they want, and that is a significant gain that every crypto investors looks for in a venture. With the right awareness, the comfortable liquidity rate of the crypto could steady advance it adoption and ultimately its price.
There is nothing more crypto investors love more than good promotional features in an investment. The good thing about Kucoin is that the venture is with enough reward and bonuses features that could impress any investor. The discount options comprise of a KCS, a top trader bonuses, and a referral program. The referral program is a massive attraction regarding users, thanks to the 20% you receive for each new user you get on board. The referral program goes on with the referral program till the 3rd generation from the first affiliate you got on board. There are reports of people earning to the tune of six figures although it is yet to be substantiated. Still, that is a lot of reason to foresee the rise of Kucoin Shares in the coming future.
Kucoin Shares [KCS] Verdict
Although the venture is relatively new cryptocurrency, Kucoin Shares are proving useful already through several ways. Since its inception, the project is yet to experience any hitch although there have been cases of downtime complaints. In conclusion, I would maintain my stance on the positive impact which could influence the rise in Kucoin Shares [KCS] we are about to witness in the coming days. The downside is that no review is exhaustive or sufficient conclusive when it comes to cryptocurrencies or tokens within blockchain.