KuCoin Shares (KCS) News
It's in the exchange's interests and KCS holder's interest to increase its valuation. However, I feel like there's more that could be done for increasing the valuation in a very realistic and non-cheap way. Thus, I suggest lowering the amount of fees for KCS holders even more.
This could bring more value to the exchange's token, and potentially bring in more liquidity as trading would be cheaper. For example, if you're selling $5 coffees, and only sell one per day, try selling the coffees for $4.50, you know you'll still sell one, as you have the reliable customer, but it may lower the barrier for someone that thinks $5 is too much.
Overall, it's worth a shot. Kucoin could turn into the "cheapest" place to trade as well, which would bring in more liquidity and increase the value of KCS and thus feed back into funding Kucoin's projects.
- Edit : Extra note, Binance and Kucoin's base trading fees are both 0.1% -- why can Kucoin not attempt to undercut the competition right here by lowering the fees to 0.09% for someone that holds no KCS? Considering the example above, the $5 coffee can be found in the city centre, where the payment is mostly based off convenience (Binance, liquidity) whereas Kucoin is offering coffee for $4 slightly outside of town. At the moment, Kucoin is attempting to charge $5 for a cup of coffee. I don't understand why Kucoin hasn't attempted this approach yet.
KuCoin has distributed all EMOGI (LOL) for qualified IOST holders for the month of August 2019. Users can check their accounts by going to Assets >My Bonus and check the Other Rewards.
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"I think at no point in human history have people in their 20s had such an opportunity to invest in such high-growth assets."
This quote - from Kingsley Advani, a 26-year-old crypto millionaire - illustrates an interesting narrative that has developed in the fast-paced world of crypto tech. There are dozens of young people under the age of 30 that have realized the massive potential of blockchain technology and have invested, only to see their gambles pay off in a big way. The unique profit growth of these projects has allowed young people with relatively small amounts of capital to create legitimate wealth in a way that has rarely been seen before.
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|KuCoin Shares price||$1.55|
|24h Low / 24h High||$1.53 / $1.62|
All time high
|All time high||$20.17|
|All time high date||2018-01-10 (one year ago)|
|Since all time high||-92.30 %|
|24 hours||-4.16 %|
|7 days||-4.88 %|
|14 days||0.09 %|
|30 days||-7.13 %|
|60 days||7.17 %|
|1 year||50.24 %|
|Merged pull requests||0|