Kucoin is a new exchange company based in Hong Kong that started its operations in 2017, and since October 28 2017, it offers support for the NEO and GAS markets.

Kucoin exchange originally started operating as Kubi.com in China, the exchange company moved to Hong Kong after the Chinese regulators forced all exchanges to close. Since then, Kucoin has shifted its focus to the global market.

Users who have NEOs on Kucoin will receive daily GAS on their accounts. A screenshot of NEO account balances is taken at 00:00 UTC +8 and GAS distribution take place immediately, where most users will receive GAS by 1:00 UTC +8.

Kucoin is the second GAS stock market to distribute to NEO owners daily. The first stock exchange to do this was Binance, which distributes the GAS monthly to its members.

What Is KCS – Kucoin?

Kucoin has an ERC20 type token known as Kucoin Shares or KCS. Traders who hold KCS on the exchange are currently rewarded with 50% of the commissions earned on all currencies traded on the platform. However, this percentage is likely to change in the future, according to Kucoin’s white paper. 

You can buy KCS tokens directly on their exchange. Kucoin “shares” offer various types of bonuses, including commission income, lower trading fees, and other special services.

In order to improve user participation and the vitality of the exchange, they grant an incentive bonus, which is equivalent to 50% of the total trading costs billed by the platform, to users who hold KCS in their wallet on the Internet exchange platform.

Daily payments guaranteed! Not bad is it?

Kucoin Currency Network Transaction Fee

Kucoin network profits mainly from the platform’s user transactions and withdrawals generated fees. Among them, the transaction fee for the platform trading users for token trading transactions is on the ratio of 0.1% fee; the withdrawal fee for the user to withdraw cash from the platform is the proportion of 0.5% of withdrawn cash. The combined costs are less than 1%, much lower than other digital asset trading platforms.

Some cryptocurrencies that you can exchange here are: 

• BHC / BTC  

• BTM / BTC  
• CVC / BTC  
• EOS / ETH
•  BTC  / BTC  
• EVX / BTC  
• GAS /  HSR
• BTC / BTC  
• KCS / BTC  
• KNC / BTC  
• LTC /  MTH
• BTC / BTC  
• NEO / BTC  
• OMG / BTC  
• PAY / BTC  
• QTUM / BTC  
• REQ / BTC  
• RPX / BTC  
• SNT / BTC  
• VEN / BTC  
• WTC /BTC