Kucoin
Kucoin is not the only exchange and every exchange has it's own pros and cons. I think that my personal favorite is Kucoin not for nothing the services offered are many and frequently they have events and improvements to make their customers happy. I have been using several different exchanges this article is specifically for Kucoin. A detailed overview of alot of it's functionality and some of the features that I personally use.
Kucoin accounts primary features
Your account on kucoin has 5 primary account wallets.
Main: your primary account where you deposit withdrawal and (lend) more on this latter.
Trading: this is where you either exchange your cryptocurrency or transfer your cryptocurrency to the following.
Margin: referring to the practice of using the provided funds and a broker to trade the assets held by the investor's account combined with a loan.
Futures: Allows you to essentially bet on the market fluctuations of bitcoin either a high or low price based it at the time of your bet.
Poolx: By far my favorite perk it's the staking service that has several different rewards for staking different cryptocurrency for either a locked staking or a day to day version that will just allow users to take their funds out whenever. They also pay you a pool a cryptocurrency that is mined by staking your cryptocurrencys.
Their coins
Like many of their competitors they have their own cryptocurrency
or should I say cryptocurrencys.
Pool or POL: see above for details
Kucoin shares or KCS: their own cryptocurrency that offers both staking rewards and a bonus just for it being in your main account.
Kratos token: at the time of writing this is a beta network token that will be distributed to the users who have staked the required cryptocurrency on Poolx. More information about this latter.
Features of note
Additional details on current special features that i can cover
futures is in a 3v3 brawl event that you are on a team for your future price prediction of btc. If you're a gamer its a market price team deth match sorry gotta make a joke.
Kucoin candy: I'm aware that the event is over however they still have the feature listed and I want to be thorough. They have a non monetary reward for a daily login on app. I think that they have forgotten about it and they have already sent the initial rewards. I just don't want the questions.
Market ticker is new and if you're unaware of what that is im not mad im just disappointed. You can figure it out I'll wait.
3..2..1
Okay they are gone back to business
The last is a community forum that provides information on the current events news and information on how the site works.
Kratos
Notice!!!!!
This will probably not help me kratos is a timed event if u are a kuoin user it ends tonight so hurry over to it if your not already taking part
Disclaimer i have been asleep at the wheel on this one however i will try to outline the beta net events.
Phase 1
Phase I : ended(10:00 July 1st, 2020 - 10:00 August 7th, 2020 UTC+8)In collaboration with developer communities such as Cosmos and GoLang, cyber security expert institutions including Chaitin, PeckShield and SlowMist, as well as various partners that have made commitments on contributing to future ecosystem prosperity of Kratos and later KuChain, the Batanet Events - Phase I encouraged technology and business related professionals to discuss and argue over the initial technical and business conception of Kratos through Project Deluge and Project Decalogue.
Kratos now initiated system upgrade and improvement according to the most constructive proposals - in terms of both technology and concept - brought up by the participants, with the goal to guarantee a stable, secure and fully functional test environment at the time of Kratos debut
Phase 2:
Currently on 9/24 this is still active
Step 1: Charging
Kratos beta network token will be distributed to users who stake the required amount of either KCS,ATOM,BTC, and KTSt(test) no idea on the last token im trying though.
Step 2:
KTSt: is the Kratos token distributed tomorrow 9/25
The KTSt holders are allowed to vote through the test node on Poolx to participate in governance.
Step 3:
Launch
coins and staking
Assets: I'm only human so there's no way I could tell you exactly how many cryptocurrencys you can get or deposit here suffice it to say it's a good amount.
Some of the odd ones that I personally found shocking they accept are ETN electronium and KICK kick coin. They have been in my experience unable to accept binance token xyo token however they may have added them.
Staking: not vampires. your cryptocurrency
The amount of cryptocurrency you can stake is large and consistently expanding.
They also have a calculator for you to essentially check on your potential profits for your stake.
Pool mining is just one of the coolest things that i have encountered like
Gas for neo holders they give you pool for staking
Staking coins
ALEPH(1)
ATOM(1)
BEPRO(1)
BNS(1)
CHR(1)
COTI(2)
DOT(1)
EOS(1)
HPB(1)
KAI(1)
KCS(1)
KSM(1)
LINK(1)
LUNA(2)
LYXE(1)
ORN(1)
PAZZI(3)
ROOBEE(1)
SHA(2)
SUTER(1)
TOKO(1)
TOMO(1)
TRX(1)
VI(1)
VSYS(1)
WAN(1)
The shorter staking times that are 2 weeks or less includes
Kcs 2.92% 14 days minimum 200 kcs
Trx 8.46% 3 days minimum 300 trx
Vsys 11.46% 3 days minimum 200 vsys
Wan 7.46% 3 days minimum 30 wan
Eos 4.46% 3 days minimum 1.5 eos
Tomo 3 days minimum 10 tomo
The majority of the staking exceeds the 21 days threshold and are usually a large investment.
The features that I personally didn't list are great and worth checking out for yourself.
Honorable mentions
Red envelopes: a randomly selected recipient will be rewarded with a personalized message from the sender and a gift from the sender
Referral link: and a reward for your link being used
Payment methods are incredibly easy to set up
Win play a giveaway feature witch can reward you with a prize similar to a airdrop for you completing the tasks listed.
recap
conclusion whether you are a new user or a user that has been asleep at the wheel like me kucoin is always doing something for their users and they are incredibly fast at site improvements and event planning so stop by and take a look you'll thank your self later.
For any one that is new the referral link listed below isn't rewarding use however I will try to reward you personally if you're able to
Also if you're interested in supporting me and future overviews please subscribe and if you're interested in going through the hassle of using the links provided i would love to see some more subscribers to reddit and publishOx
https://www.reddit.com/r/cryptofaucetrefferal?utm_medium=android_app&utm_source=share
https://www.publish0x.com/?a=4QbYRK0dzq
Win play is worthy of a overview by itself if you're interested in one comment with Win play in it 20 mentions and I'll begin working on it immediately.
very nice article.... carry on..... plz back me dear