Monday is the most hated day in the week. There are several different reasons, but in my case, Monday is being followed by two days of freedom and fun. There is a massive emotional shift from the relaxation and hectic workloads.
Not until KuCoin released their 0 fee rate and trade activity. It was called then, the “Freeday Monday,” when users enjoy free trading fees for different tokens under Spot, Futures, Margin trading systems and trading bot. No more TGIF, and welcome TKIM— Thank KuCoin it's Monday!
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. To mention a few, they 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 the 10th Round, there are 5 new tokens you can trade on. Every token has its own distinct potential and purpose. Here are my top 3 picks from the Free Monday Round 10!
1. THORChain (RUNE)
The idea is quite simple and easy to understand. There are just three main things you need to know about this project: (1) THORChain lets you easily swap tokens across chains without wrapped or pegged tokens, (2) this project gives you opportunity to earn by providing liquidity to the exchange, and lastly, (3) RUNE token holds a very important role within the THORChain ecosystem.
If you would ask specifically, RUNE serves four main purposes, including security, liquidity, rewards and governance.
I bet you have compared THORChain to its competitors such as Uniswap and Nexus, and honestly, they don’t have much difference. I also noticed that some information in this platform is hidden and they never release the source code of its project.
2. LTO Network (LTO)
This token is a very underrated one. One of the few gems that I have known since I started trading. The network was known as LegalThings One, but later on called LTO Network. It is a hybrid blockchain platform for decentralized workflows and business process automatization.
One of the edges of this network is a solution based on live contracts which allow companies to enter into and carry out transactions, exchange information with each other, organize supply chains, delegate data processing and more, simultaneously and without relying on trust.
To simplify, the main goal of the project is to implement simple legal transactions on the blockchain. Conceptually, it is based on the interaction between private and public blockchains.
I haven’t had my hands laid on this, but KuCoin Free Monday might be the perfect time to take advantage. The 0 fee rate campaign is a good opportunity to explore new gems.
Thus, I have noted the main functions of this project; it offers assistance to the facilitation and control of the entire transaction process, the exchange of information between parties, the creation of business supply chains and the secure transfer of data to third parties.
3. NKN (NKN)
As much as I want to give you the gist of the 5 tokens included in this week, I have decided to pick my top 3 instead. Last but definitely not the least, New Kind of Network or most known as NKN, is an open-source protocol for public blockchain-based peer-to-peer networks to share network bandwidth and internet connectivity.
I have encountered this project several times, and my friend traders also recommended this. Free Monday was the sign for me to read NKN’s whitepaper. NKN is known to have different use cases in the network. It has a content delivery system, edge computing, D-chat and nShell that secures remote terminal access.
Feed your curiosity and read more on https://www.kucoin.com/news/en-free-monday-round-ten?utm_source=twitterinfo