How KuCoin can make you retire in just two years

In the past year, they released a brand new cryptocurrency exchange that is called Binance. It started small, but within just five months, it managed to surpass Bittrex which was once the largest cryptocurrency exchange in the world regarding volume. This event happened because of the brand new business model of Binance as well as trade competitions, marketing, and aggressive coin listings. Another exciting thing about binance is its token called BNB. It has grown around fifty times since its release. The BNB is helpful because it may allow you to save 50% of fees.

Now, Kucoin was able to take this a step further with their token called KCS. Kucoin charges a 0.1% fee for every trade that is both from the maker and the taker. It may total 0.2% of the cost for every deal. Half of this fee will go straight to the people who hold KCS.

While I am writing this, the volume on the Kucoin exchange may now be more than $23 million. It is rising every day. What does it mean for people who decide to purchase $10k of KCS? Allow us to crunch the numbers:

Current Price of KCS: $0.9

Amount KCS you can purchase: $10,000/$0.9 = 11,000

Daily volume: $23,000,000

Fee’s collected: $23,000,000 * 0.2% = $46,000

Dividents paid out: $46,000 * 50% = $23,000

Circulating supply of KCS: 100,000,000

Your share of the dividents: $23,000*(11,000/100,000,000) = $2.53/day

Because of the current 24hr volume of Kucoin, you may get a divident of 2.53 daily. It may not sound that much, but Kucoin expects that it will become a top 10 exchange by summer 2019. At this point, they will have a 24hr volume of way more than $1bn, so there will be at least a 40-fold increase in amount and dividends.

During that time, your dividends may be more than $100 a day.

KCS has a direct correlation with the exchange’s popularity. When the volume goes up, expect the KCS to also increase in price. In two years, your KCS will likely be worth at least 50 to 100 times more than today. That is the reason why it may be a good time to buy out now before they reach the $1 billion volume. When that happens, they may become too expensive.

The dividends that you will get may not be in dollars but in different coins that Kucoin trades. It is likely for you to hold your profits and not sell them but there may be some gems in between. Consider that you may get $10 of new coins as dividends early on. When that coin goes 1000x similar to other currencies the $10 profits will turn into $10k. Some coins may even go 10x or 1x and below the price when you got them. However, since there is an overall market cap of all the cryptocurrencies’ increase, your highly diversified portfolio on Kucoin may follow along. You may get more and more coins, and some of them may become worth more. Make sure to factor the risks of bear markets into the equation whenever you decide to hold everything.

Kucoin may eventually give Binance a run for their money when Kucoin said they want to become a top 10 exchange by the summer of 2019. They appear conservative to avoid giving false hopes. I think they are an exchange that is on par if not better than Binance. They can do what Binance did so much faster. That is because Kucoin is growing as aggressive as Binance and they do it in a market that is seven-times bigger when Binance launched back in July. Binance now has a volume of $3 billion. I believe that the amount of Kucoin may hit $1 billion in around three to six months.

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