Interested in grabbing some GHST, REEF and LINA? Trade them for free on this week’s KuCoin Free Monday. Perhaps, looking for something else? NU and RLC are also up for trading! Find out how and why:
What is KuCoin Free Monday?
KuCoin Free Monday is an activity intended to give 0 trading fee for KuCoin’s featured tokens per week. Based on my observation, the tokens being included are relatively diverse and underrated. KuCoin already gave spotlights to some of my favorite underrated tokens.
Zero fee rates are applicable to different sets of tokens. Manage your expectations, however, KuCoin intentionally did not include big tokens. First off, that is quite impossible, and they have a larger volume compared to the tokens being included each week.
There are two activities under this: Free Trade, Free Rate and Deposit Now and Enjoy 10 USDT Rebate. Users will be able to enjoy a 0 trading fee when they trade specific tokens under KuCoin products.
In this round, there are five (5) new tokens you can trade on. Every token has its own distinct potential and purpose. Here are the top 3 tokens for you and for me, from the Free Monday Round Fourteen!
1. Aavegotchi Coin (GHST)
Catch those nostalgic feelings by playing avatars in the Aavegotchi. Everyone’s childhood can relate to this game, alongside earning rewards through playing the avatars in this game.
Basically, Aavegotchi are pixelated ghosts that have their distinct personalities and appearances. No need to be critical as Aavegotchi are game avatars that are so easy to control. I am betting all my Tamagotchi a few decades back then, you’ll never get over playing with these Aavegotchi avatars.
It’s my personal pick, and I am looking forward to seeing more from the team. GHST is included in this round’s available tokens. The native token of this network is positioned to “win high-end items.” Thus, I am taking advantage of this round!
2. Reef (REEF)
Reliable, extensible, efficient and fast— that is how Reef capped their project in four simple words. Second on the list is a DeFi platform built on Polkadot, that provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM. With that, it was considered as the most advanced EVM-compatible blockchain.
No need to worry about huge fees, because the network’s Nominated Proof-of-Stake (NPoS) made it possible to offer low fees and scalability. What I like about this project is its purpose to address the drawbacks associated with existing trading platforms. Reef is undoubtedly secured and has a sustainable on-chain governance. REEF is needed to participate in any Reef chain validation and governance.
3. Linear (LINA)
Let me get straight to the point! Linear is a cross-chain compatible, decentralized synthetic asset protocol, which allows users to cost-effectively and quickly create, trade, and manage synthetic assets or we all know as “Liquids.” Now, you have to understand how LINA, the native token of Linear, acts as the main backbone of the network.
First, it serves as the major foundation of the protocol and is used in both of Linear's dApps, Linear Buildr and Linear Exchange. Holders of this token can stake and use LINA as collateral and mint USD. Most importantly, LINA token holders will be able to participate in the Linear DAO, and vote on protocol topics. To name a few, there are synthetic asset listings, fee revenue splits, collateral ratio, and other Linear improvement proposals.
Now is the time to have your hands laid on these tokens. I hope I was able to at least give the gist of these projects. Visit their respective websites for more information. Happy trading, folks!