Binance Lists PAX Gold (PAXG) Binance Support

A small story about how I discovered r/BTC, and some stuff I want to say

So, when I first went back to the Crypto community back November 2019, I was rather, hesitant. I just finished verification of a mobile wallet with BTC support called Coins.ph and it made me curious on the crypto it allows: BTC, BCH, ETH, and XRP. I went and shuffled money around, and once my father gave his 0.01 BTC he mined (which I lost like a fraction because of Binance, seriously that place is weird), I decided to keep it to my centralized bank.
Fast forward to February, the bear drop of BTC and most crypto was like a new chance for me. I can finally get something good! So I tried the faucets. Which lead me to finding that CoinPot has decreased withdrawal rates. Well...
BCH entered my crypto portfolio through Bitcoin.com. I'm just a gullible person. Any shiny thing and I go for it the last second. When I learned that BCH is actually faster than BTC (had tested the speed by placing PHP 500 or more or less 0.05 BCH , I took PHP 1,000 and placed it on my account.
It was a fool's attempt, since Philippines just struck quarantine, and I can't do anything about it.
The fast confirmation speed pre-Halving sold it for me, and I thought, maybe I can hold it for a while?
After testing Keys4Coins by buying a steam card, it was really just a few minutes of payment, then I realized that BCH (and pre 2017 BTC) is really peer-to-peer. Back in 2019 until today I was trying to mine XMR (failed to retrieve it after dumping all my BCH and dumping XMR back, showing less money). Back in 2017, just a few weeks before the split, I was trying hard to get enough satoshis to have on my Electrum-built wallet. Which is currently empty.
Right now, I decided to cash out 0.05 BCH because money is needed right now, and my PC froze while I was trying to mine Zcoin. I also decided to try a semi-unused coin named BLUR after asking you guys about what to mine with GPU.
It's not worth it, mining.
Now, let's say some things I want to say lately.
  1. BCH and BTC came from one blockchain and one whitepaper. BTC doesn't follow the whitepaper.
  2. BCH is not yet fully adopted. I know because while we have other countries adopt it, crypto news have it, trolls are fighting against it, there is not even one news of all in the mainstream media.
  3. The IFP is a sound plan, but it doesn't work in the long run. It looks like a forced donation to some whitelisted addresses, which, while might help Bitcoin ABC, will turn Bitcoin ABC into our own Blockstream. Money does that to people, don't push it.
  4. For some reason, I met this guy who claims that Roger Vers owes him $100. Nice guy, knows the good faucets and stuff. He's making a forum that uses Satoshis by the way. Here's a link: Bitcoin Forums.
  5. Also for some reason, BTC trolls have a perspective that BCH is made up of BCH maxis, shills, and idiots. Let their perspective be unchallenged, even if it means that you need to agree to disagree. After all, they are only defending BTC. Let them stick to latest news too, because people don't read old stuff.
  6. I wonder what Satoshi is doing right now? He's probably just lurking in the crypto world, mining his own dev node, doing something new with cryptography... he probably oversaw all this.
  7. BTC is gold bars. BCH is gold coins melted from gold bars sent around. BSV is some shit I don't even understand why they even made in the first place, lol
  8. Bitcoin is not just the name of an revolutionary idea, it's now a name of the first crypto. I have a feeling we will receive less trolls if we stop claiming Bitcoin Cash is true Bitcoin, because in name, Bitcoin (Core) is.
  9. I wonder what will happen if Bitcoin reaches $4,999...
tl:dr; I'm an idiot with cryptocurrency, and BCH is working fine, no need to see anything here, just bored and going insane on quarantine
submitted by RowanSkie to btc [link] [comments]

I hope we're all having fun with garlicoin. I put together a small guide for anyone who is interested in getting into trading crypto in general.

(This guide will not help you set up a wallet or mining for garlicoin. You can find that information on the official Discord or the offical website listed in the sidebar on the right.)
There's a buttload of coins out there. Some of them were made for fun, like garlicoin, or are unlikely to see the development they need to provide a use for the coin. A lot more are already in use in various ways or look to have a promising future. There's really no obvious rallying point for new people getting into crypto. If you want to discover this world, most sincerely, you may want to start by lurking on /CryptoCurrency. There are a lot of new people dipping their toes in crypto right now, and many have the same questions. Seriously, lurking on /CryptoCurrency will do you a lot of good.
That said, if you want to trade crypto currencies, the steps toward making that possible are quite simple. There are, in short, four things you need to do (And the fourth is optional).
1. You need to get your hands on some crypto. Mining is really bloody slow for any coin that is already populaworth any meaningful amount of money, so you almost have to buy some crypto with 'real'/fiat money. There are a few exchanges that do accept normal money, but importantly the exchanges you want to spend most of your time on don't. In short, laws and regulations are a lot more stringent for exchanges that let you trade with normal money, so most exchanges don't. But as I said, a few do. The biggest exchange that takes normal money is Coinbase. I must disclose however that I have never used them. I used a competitor called Bitpanda. Using Bitpanda was a quick and painless experience for me, so I do recommend them, however the googles tell me that they charge 1.5% more in fees than Coinbase do, so I'll leave that choice up to you. What you want to do is pick an exchange, create an account, and then get verified. Regardless of the exchange you pick, you are pretty much going to have no choice but to show them your ID. The governments of the world get awfully interested in any company that accepts large amount of 'real' money in exchange for magical Internet buckaroos. Getting verified makes it a lot harder for you to hide your money for tax/divorce/inheritance purposes, so please don't go into this with the intention of trying to deceive your government. Once you are verified, you will be able to purchase your first coins (except garlicoin, the trebuchet of cryptos, which we'll all get to mine together). Now, you will find that there aren't a lot of options. Depending on the exchange, you are likely to be able to buy Litecoin, Ethereum, Bitcoin, and maybe one or two others. Bitcoin is the most famous, of course, but in preparation for step two, you may want to choose one of the other coins your exchange offers, since they have lower transaction/moving fees.
Lastly for this step, remember, you absolutely do not need to buy whole coins. You can buy a tenth of a coin if you want. Everyone in crypto thinks the market is going to continue to grow, but it could crash at some point and not recover for years, so... Don't invest money you can't afford to lose or lock up for a long time. And especially do not take out any loans. Jesus Christ, do not take out any loans.
2. Move your money to the main exchanges. You have some crypto! Woo! Unfortunately, the exchanges that accept normal money kinda suck for trading. The fees they charge are way higher than the fees on the main exchanges, and they only deal in a few different coins. So basically, they are only good for moving normal money into crypto and vice versa. So what you want to do now is you want to move the coin you bought to one of the main exchanges. The most popular one bar none for crypto/crypto trading is Binance. Binance has had to close the registration of new accounts for a while recently, but as of a few days ago registrations are back up. There are a lot of competitors to Binance. The one that grew the most during Binance's registration closure was Kucoin. There are dozens of others, but they tend to have much lower trade volumes. It's entirely up to you where you go, but these two may be a good starting point. Binance is the largest and has the most trade, and many coins to choose between, while kucoin has some promising looking small coins that are not yet on Binance. Among the smaller other exchanges you will find dozens and hundreds of even smaller and more unknown coins, but many of these may be actual shit coins that will slowly fade away and die, and any money invested in them will just be lost. Of course, no doubt there are many nuggets of gold out there too. So whichever exchange(s) you go with, and whichever coins you decide to trade for, do some research first. This goes ten times over on the smaller exchanges, but is important even on Binance and Kucoin. Whichever exchange(s) you go with, go your funds/asset page, find the deposit wallet address for the coin you have and withdraw from your first exchange and send to that address. Do not send to the wrong address. Do not send Bitcoin (BTC) to an Ethereum (ETH) address. If you do, that money is lost forever. Yes, really.
3. Trade. There are two main ways of trading crypto, and most of us do a little bit of both and fall somewhere on the spectrum in between. These two are hodl and daytrading. Daytrading is the same as in stocks. All coins tend to go up and down a bit every day. Back and forth. So if you are lucky or patient enough, chances are you could for example buy a coin at $2 apiece, then sell them for $2.1, then buy again at $2... Of course, this is basically gambling, and the coin you bought at $2 could go down to $1.5. But if you put some effort in you can usually come out ahead. The other way is to 'hodl', which is just a meme name for picking a promising coin and hold on to it come hell or high water, because you think that in the long run it's going to increase greatly in value. Holding on to a favoured coin is often the smartest thing to do, because if the coin really has value, sooner or later more and more people will think so too and the price will rise. Ethereum for example is worth about $1000 per coin now, but it started out trading for under a dollar. It's important to remember that ultimately, the price of a coin is 'supposed' to reflect how useful it is. Every coin has some function it is supposed to fill, whether that be the increased privacy offered by privacy coins or enabling other coins to act through them, or competing with ads for website revenue generation or what have you. A lot of people are in crypto to make money speculating, but the foundation upon which all of that rests is the belief that most of these coins have actual, real world applications, either now or on the horizon. You forget this at your peril. /CryptoCurrency has plenty of discussions about the different coins out there, and just about every coin has its own dedicated subreddit where everyone on it is convinced that their coin has a bright future. A lot of them are right, too. But it's important to remember that the people on those subs are self selected for believing in the coin, and it's always a good idea to try to understand why others don't love the coin. Ultimately the best way to determine whether a coin has good potential is to 1. read the white paper (Most people don't, but they really should...), and 2. look up the team behind the coin (Most people don't, but they really should...). The shortcut is to just absorb the general mood on the various crypto subs and other crypto communities, but if you rely entirely on that you'll be surprised every time the community in general is surprised. Knowledge is a very important edge, whether you want to daytrade or hodl, and it's a tool a lot of people don't have. On the other hand, the mere fact that a lot of people believe in a coin is often enough to (temporarily) raise its price even if the coin is ultimately doomed to fail. So ride that wave if you wish, but at that point you're pretty much just gambling. Odds on the crypto market are better than at casinos, but even so. Be careful. And if you enjoy yourself, do take the time to get to know some of the coins. Really, it's fun and interesting and can save/make you a lot of money. Even if you're just in it for money, it's still the smart thing to do.
4. Decide where you want to keep your coins. You have two choices. You can keep your money on exchanges, or you can withdraw your coins and store them in a wallet. Personally I don't have all that much money, and I am content to have it spread out on a few different exchanges. However, a lot of of people are not comfortable leaving their coins on exchanges, because if it is hacked or goes under those coins are easily lost. This is unlikely to happen, especially on the bigger exchanges, but there is no doubt that getting your own wallet is safer. Different coins require different wallets, but a little bit of googling and double checking crypto forums can easily find a wallet that will work for your coin. The only downsides to keeping coins in your own wallet is that there is a (usually small) fee to withdraw coins from exchanges, and if you later want to trade your coin for something else it'll take a while to transfer it back to an exchange.
...And that's it, really. I will list a little bit of advice below, but this is all you 'need' to know to get started.
  1. Be really, really, really sure that you use the right addresses when you send coins. Sending Bitcoin (BTC) to an Ethereum (ETH) address will result in you losing that money forever. There is no bank to call up and do a charge back. The exchanges can't help you. Nobody can undo your mistake if you send money into the void. So make damn sure you are sending your coins to the right address.
  2. There are real scams out there. We are still in the early days of crypto, and it's pretty lawless much of the time. If someone is explaining to you how to send your coins around, and then give you an address to send to, that's not your address. That's theirs. And if you send them your money, it becomes theirs now, and good luck finding a random stranger on the Internet to press charges against. There are also coins that are never going to amount to anything, and if someone convinces you to buy one, that money is gone. There are scams out there. Before you do anything with your money, check around a bit and try find out if a lot of people think there's a scam involved. Sometimes it isn't entirely clear whether something is a scam or not, but in general you want to err on the side of caution. A good example of this is Bitconnect, a company that offers you easy money if you invest your crypto with them. It's not 100 percent clear that they are defrauding people, because all they are doing is offering really, really good interest rates and growing their user base, but their interest rates are so good that almost everyone in crypto is confident that sooner or later they will be unable to pay those interest rates, either because they run out of new customers with whose money to pay the interest for older customers, or because the crypto market will grow too slowly to sustain their growth no matter how large their customer base grows.
  3. No, seriously, don't invest money you can't afford to lose. We are in the wild west here, and a market down turn or a scam can end up costing you a good chunk or even all of the money you put in. By all means spread your money out between multiple coins on multiple exchanges/wallets, but even then, it is very possible that you will end up losing money. Crypto in general has been going up, up and up, but even so there are plenty of coins that have gone up, down, up, and then down down down. Oyster Pearl is a coin I thought looked really promising, and I still think it is, but in the last few weeks it's taken me from 60 cents per coin to four dollars and back down under 2. That's a net increase, but I assure you, it hurt when it fell by half. It hurt a lot. And some people bought in at $4 and lost half their investment in a few days.
That's the end of the guide. If you found this guide helpful, I would really appreciate if you used my referral links when signing up for exchanges. There is no downside for you in doing so, but the exchanges (pretty much all of them) give a small bonus if people sign up with your referral codes. So while I'm including my referral codes, the sites are the ones I use myself, and the ones I genuinely think are the best around. As I said above, I have not used Coinbase. If you wish to use Bitpanda for your initial coin purchase my link is here. For the main exchanges, my Binance link is here, and my Kucoin link is here. Alternatively you can find these sites on google. My Binance referral code is 11598073, and my Kucoin code is 1wHub. You can of course sign up for all these sites without using my referral codes, but if you found this guide helpful I would be grateful if you used them.
...Anyway. That is largely it. That's my guide for getting started in crypto. I can't stress enough that you'll want to take it slow. If $100 is a lot of money for you, start with $10, trade a little, get the hang of it. There's no substitute for personal experience. If you want to invest more, it's even more important that you take it slowly.
...Sorry for the long post, but I wanted to be thorough. Best of luck. Welcome to crypto trading!
I'm happy to answer questions. I'm by no means among the most knowledgeable about crypto on reddit, but I'm enthusiastic, and I should know enough to be able to answer most questions a complete beginner may have.
submitted by Rhamni to garlicoin [link] [comments]

Exchange KuCoin, a comprehensive analysis of KuCoin Exchange. And KuCoin Shares

If you'll find this helpful, please sign up using my invitation link: https://www.kucoin.com/#/?r=E3sJ60
Quick disclosure, nothing in this article should be considered as financial advice, this is purely my opinion and my research alone, take it with a grain of salt.
It’s an up-and-coming cryptoexchange that is like an integration of COSS and Binance. The problem with COSS is that there is little incentive for investors to use it, the UI is lackluster, it lacks proper charting tools, the previous CEO was known to be part of pyramid schemes. Binance, a similar Hongkong exchange is something that we can also compare KCS to, the BNB token offers the utility to reduce fees, but again there’s little incentive to actually have BNB tokens are use the Binanance exchange. I elaborate further on the advantages the Kucoin will have over other exchanges.
Kucoin has similarities to COSS in that 50% of fees that they charge are returned to the holders of KCS everyday at 12am. Holders of KCS get access to other perks such as trading fee discounts similar to BNB, customer-service fast passes and more. I also need to highlight that the 100m that is being with-held for 4 years and 30m of which is locked up for 2 years belonging to the founders/investors respectively ARE NOT subject to the 50% re-compensation of fees which normal traders/investors earn. Which means that only the current 100m supply for the next 4 years is eligible to receive the dividends from KCS.
Kucoin has a long-term goal of becoming a decentralized exchange(DEX) or integrating as much of it as they possibly can within their ecosystem, a point that I’d really like to highlight is that recently there has been a lot of news/FUD around exchanges like Bittrex and Bitfinex banning users, Finex have already disabled US citizens access to trading on their platform, and Bittrex is a US exchange, so who knows when they’ll have to close their doors to US citizens, they’ve even gone so far as to ban people from middle-eastern nations, however decentralized exchanges are on-chain and there is no governance or need to store funds on centralized exchanges to risk being hacked, as well as lawmaking bodies having no jurisdiction over them. There are currently withdrawal limits on accounts but the developers will be removing those very shortly, Kucoin has extremely fast transfer times with lower amounts of confirmations for speedy deposit/withdrawal, low transaction fees of 0.1% with special events where some coins are free to trade, such as WTC/HSR as of now.
The user interface is amazing compared to most exchanges out there, they enable trading view charting which is much better for traders to use compared to charts such as on Bittrex or Binance which have a very limited selection of charting tools, there are some kinks on the website such as the orderbook, however I have had a talk with the developers and they said that they were looking for “more elegant ways” to display the orderbook than just a scrollbar, they were also looking into producing a nightmode which is a god-send for night-dwelling (night-traders).
The Kucoin team are extremely active and have nearly 24/7 support, you can go into their telegram and ask them any question and they’ll answer you hastily and earnestly.
They also have an invitation bonus which is as a referral compensation program, basically for every person that YOU invite, you get 20% of the trading fees of the person you invited as an INCOME, and then 12% of the trading fees of the people that they invite. (I know you think that this reeks of a pyramid-scheme, however, I need to highlight that the KCS team do NOT benefit at all from this referral program as they actually LOSE money if OTHER people/users are using these referrals.) It is an attempt to bring more volume and traffic, but traders/investors only stand to gain from this, we have absolutely nothing to lose, the more friends you invite the more income you can have. (Some people are calling this a pyramid scheme, however it’s simply a marketing tool, I brush up on this in the second half of the article)
Right now, KCS is flying under the radar, it hasn’t even been added to CMC yet (they are getting it added very soon) and once it does we do expect to see a lot of hype, there will be a very huge in-flux of traders who would come to the exchange, I see this as the death of COSS, no one will go back once they try out KCS.
Let’s talk about the valuation of KCS, currently there is 200m supply cap, eventually over a long period of time the KCS team will buyback KCS (optional to sell to them) with the profits made from trading fees to the burn the supply until there is only 100m left, don’t be alarmed by this, there won’t be a sudden supply restriction of 100m over one night, its something that will probably take a decade to achieve, if not even longer. Who knows for sure, right so moving on; KCS is currently valued at approximately $0.6USD at 200m supply thats around $54m USD market cap. It’s only been out for under a month and the ICO price was $0.3USD(5000 satoshis) or around there, so it has doubled and a medium-high marketcap of $54m but lets compare the price to Binance, which is currently $1.27 through all of the FUD/FOMO on Bitcoin/bitcoin gold/2x. Token supply of 200m like, similar to KCS, was valued at its peak approximately $2.58 per BNB reaching a total market cap of around $270m, and it doesn’t even have the same features as KCS. So, KCS is currently valued at $0.6USD, with all of its amazing features, team, dividend payout, referral program; I believe has the potential to grow even larger and maintain its price. If not more. I do see this as a huge long-term project, it’s the mainstream exchange killer, it’s like the oneplus versus Apple and Samsung, if we actually evaluate the coin and the Kucoin exchange itself within its ecosystem it has nearly unlimited potential.
One of the common misconceptions and concerns is that traders have is, is Kucoin a MLM/Pyramid scheme?
What we have here is one of the posters on their website promoting an invitation/referral compensation program. The initial impact of the image makes one think that it is a pyramid scheme, but if you actually look closely you’ll understand that in actual fact Kucoin themselves don’t really benefit at all, they’re giving 90% of all of their fees to the referee as compensation while they only take 10%. This isn’t a pyramid scheme or some shady MLM, it’s a marketing tool to attract more traders and liquidity to the market. The only people who really benefit are the traders.
Getting straight to the point, it has a picture of a pyramid, but it isn’t a pyramid scheme. I need to highlight that the referral system is completely optional, you don’t need to invite anyone or spam your link, I understand that it does get annoying for people. It is a marketing plan aimed at being a liquidity attraction tool to try to hook more traders into using the exchange, but people are so stigmatized to the shape of pyramids that they fail to see the truth behind the curtains.
I’d like to go through the business model and ecosystem of exchanges, and as objectively as I can compare the difference between each exchange.
So for this example I’ll use 3 exchanges:
A. Bittrex
B. Kucoin
C. GDAX
I’d like to make a fair evaluation of these exchanges based on three things.
  1. Trading fees
  2. User friendliness
  3. Trading tools.
First, some more assumptions Kucoin is still in its early stages of launching as an exchange, I’ve talked to the developers and they will be adding in “more elegant ways to see the orderbook” and stoploss/take profit systems.
5-point evaluation: very good, good, mediocre, bad, very bad.
A. 1. Mediocre-Bad (0.25%) 2. Good 3. Mediocre-good.
B. 1. Very good (0.1%) 2. Good 3. Good
C. 1. Mediocre-Bad (0.25%) 2. Good. 3. Mediocre
Some other underlying assumptions are that each exchange has the same amount of trading volume daily; $100m. Each have the same variety of coins listed.
Given that information, which exchange would you personally as a trader gravitate towards; try to be as subjective as possible. If my evaluations are wrong, let me know and I will amend them.
You would inherently choose B. Correct? There is a recurring argument that the token offers no utility, the truth in the fact is that very few tokens offers anything at all, BTC is simply a speculative asset with no intrinsic value, and that’s it. I haven’t introduced the token dynamic just yet, so hold up.
Going back to the MLM/Pyramid scheme aspect of it. For something to be a pyramid scheme it has to have an initial buy-in where the grunts at the bottom purchase a product, and it has to directly benefit the upper echelons id est the developers/the exchange.
Does Kucoin meet any of those requirements? Not really. The referral program doesn’t require anything, you don’t need to hold Kucoin to be eligible for the 20% of fees that you’re earning from people you invite. It’s completely optional with no buy in, no product to sell. You can just use the exchange, or even invite people to get the referral bonus, then forget about it, and as they trade on the exchange you earn a % of those transaction fees passively. In fact, the Kucoin team loses from this marketing. Because they’re essentially giving a cut of the fees which they should earn back to its traders. Bittrex/GDAX don’t offer anything at all, they simply take 100% of all fees they have and put it in their pockets.
To summarize:
A. Bittrex pockets all transaction fees it earns from traders on its exchange without any compensation to traders.
B. Kucoin offers an optional referral promotion whereby referees earn a % of fees that are incurred by the referred to the referee as compensation to help bring more liquidity to the exchange. This is actually detrimental to kucoin as they earn less income from transaction fees by giving it to the referees.
C. GDAX pockets all transaction fees it earns from traders on its exchange without any compensation to its traders.
If you believe that this statement is incorrect, or overly subjective please speak out.
Now, the issue with the token. Some people are saying that it has no utility; I’m going to prove that it does have utility.
A. Bittrex does not offer a utility token which reduces fees, or returns any portion of their income to traders. Of $100m trading volume they pocket $250K a day.
B. Of all Kucoin token holders, 50% of all transaction fees earned by the exchange are transferred nightly at 12AM to Kucoin token holders. Of $100m daily trading volume they pocket $50k, while the other $50k is transferred to its token holders.
C. GDAX does not offer a utility token which reduces fees, or returns any portion of their income to traders. Of $100m trading volume they pocket up to $250K a day.
If there’s a problem with my calculations, please let me know.
Now I need to ask, is there value in holding the token? It is a speculative asset, which provides utility in generating returns for the holders of the token on the exchange. As far as tokens/coins go I’m fairly certain that this token has utility, it doesn’t just offer a cut of the 50% of daily trading volume as income but can also act eventually as fee discounts similar to BNB, as well as simply holding it will grant you support-fast access(Give that their support team is already very fast, that’s something to consider).
There is also no inherent need for the token, Bittrex/GDAX are already largely successful even without utility tokens, so why is Kucoin going out of their way to even lose up to 50% of their income?
The answer lies in liquidity, and competition; the utility token, the referral compensation system, they are all liquidity attraction tools. Exchanges make money based off how much transaction fees they can incur through the amount of daily trading. How does a new exchange compete with big wigs like Bittrex/GDAX? These are huge giants who have been in the game for a long time, but they’re some-what obsolete. They’re greedy and only care about themselves, have horrible customer-service and poor communication within their community. Kucoin offers more than that, you can go talk to its active development team in their telegram, bombard them with any stupid question you like, and they will respond.
The token, the referral system are liquidity attraction tools, even if they only get 50% of all trading fees as income, if they can attract more liquidity than other exchanges and become competitive they can also be big, furthermore we as investors holding the token don’t lose anything at all, in fact we get a cut of the 50% of the trading fees they earn. I’ve already received my first dividend last night at 12am, it was basically nothing but that is considering that they only have a trading volume of $1.1m a day approximately, if not less. If that was $300m, the number of dividends anyone would get would be 3-fold.
What to take away from this; it seems like an MLM/Pyramid scheme on the surface, but the developers do not directly benefit from giving traders a huge cut of their profits, their main goal is liquidity and competition. The token value is also a long-term goal, I should reiterate that there is currently only a total supply of 200m which will over a course of a very long time will be reduced to 100m, but that will be a very long time from now, 100m of the current supply is locked up for 4 years for the team/2 for advisors. As well as, being locked up they aren’t eligible to receive any of the 50% cut of the trading fees until AFTER they are released.
I see this as potential big opportunity, purely because in the future I can see the possibility of this becoming a very competitive exchange within crypto-space. This is without a doubt a shill, I’m not partnered with them or anything, but I felt like I needed to clarify what a pyramid scheme is and the distinction between Kucoin’s marketing model and an actual MLM like Amway.
The dividend model (50% of trading fees are given to the KCS holders)
I’d like to also go through the dividend model, every night at UTC+8 12AM, they deposit directly into your wallet address your share of the 50% trading fees that they earned from transactions during the day. The current daily trading volume is around $1.1m, if Kucoin can achieve competitiveness and run up next to some of the biggest names; Bittrex with $350m daily trading volume, you can expect that all of the dividends you earn will go up 350x as well. I’d like to also point out that the more popular the coin is the more transactions there are thus; you are always earning income in the most popular coin, no matter what it may be.
More on the utility of Kucoin (White paper abstract)
To improve user involvement and exchange vitality, Kucoin is going to award incentive bonus, which equals to 50% of the total trading fees charged by the platform, to users who hold KCS in their accounts. Please note that this award proportion could be adjusted based on the actual situation in the future. The initial amount of KCS is 200 million among which 100 million owned by the team and angel investors would not be taken into account when calculating the bonus. In addition, we guarantee that at most 100 million KCS be calculated in the bonus plan during official buy-back and destruction. To obtain the daily bonus, users would need to deposit their KCS into Kucoin Platform. Then the platform will conduct accounting and award bonus based on to the KCS holdings in user’s account at 0:00 (UTC+8) that day and all the trading fees charged to the platform on the previous day.Then the bonus gained by users will directly put to their Kucoin accounts in the corresponding currency. For instance, If ETH-BTC cryptocurrency pair rate is 0.063 on the platform and the daily exchange volume is 30,000 BTC; based on the 0.1% rate from each side, the platform shall charge 30 BTC and 476 ETH as trading fees. The bonus for every 10,000 holdings would be 10,000 by 100,000,000 (0.01%). So that the daily bonus from this very cryptocurrency pair is 0.003 BTC and 0.0476 ETH (1 BTC and 17 ETH annually). Please note that this is ONLY the ETH-BTC exchange pair BONUS. Other than ETH-BTC, there are still various cryptocurrency pairs on the platform, which creates the trading fees in the corresponding currency and bonus based on the description above.
TRADING FEE DISCOUNT When placing orders to trade, holding a certain amount of KCS in Kucoin account can lower the trading fee. Details will be published through announcements. OTHER EXCLUSIVE RIGHTS When KCS holding reaches certain levels, users can enjoy special services like one-on-one investment consultation, customer service Fast-Pass, etc. 
Full transcript of my Q&A with the Operation Director Kent Li
Two concerns were put fourth by some of my readers;
How do we know that we are actually receiving the 50% that you are guaranteeing us? In the whitepaper it is stated that the 50% of trading fees traders on the platform will earn is subject to change, what is the reasoning behind this? Kent Li — Kucoin — Operation Director, [22.10.17 00:35] Firstly, the users are actually getting 50%. The trading volume of each pair is transparent, people can get the data from the web page or through our public API endpoints. So there’s nowhere to hide if we cheated on this, people can easily calculate their Kucoin Bonus based on the formula we described in the whitepaper. Kent Li — Kucoin — Operation Director, [22.10.17 00:39] Secondly, many people have discussed our referral system. The reason why we design is like what you have said, to attract more people to come trade on Kucoin. Because we’re new comers in this industry even in China, we have to do everything to attract new users and become competitive in the space, that’s why we share 90% of our trading fees to the users. We want to survive. And we are working our asses off to achieve this. USER, [22.10.17 01:15] Thanks for that clarification! I’d also like to inquire about the rate of dividends that investors earn, currently it is at 50% and in the whitepaper has been stated that it will be subject to change, how long is the 50% bonus going to last? Some of my readers had told me that it will only be for around 6 months, you intend on reducing the income as your exchange becomes more popular correct? USER, [22.10.17 01:16] Also, what is the purpose of the income page in the “Assets” menu, currently all fields are blank, what are your plans for that? Kent Li — Kucoin — Operation Director, [22.10.17 01:18] Hi, we do have a plan to reduce the ratio of Kucoin Bonus. It will stay at 50% for at least 6 months, and it will be adjusted gradually, eventually it will be 15% after two or three years. As you know building and maintaining a high volume exchange will cost a lot of money. “Income” currently contains the GAS reward if you hold NEO on Kucoin, Income is also passive revenue if users hold certain kind of asset on Kucoin. USER, [22.10.17 01:19] In regards to the calculation in the white paper, it may also be beneficial to have a dividends tab in the assets page to show users how their dividends are being earned and the calculation behind. (I understand that this is a lot of work, and you guys are extremely busy, these things definitely do not get done overnight so do not feel pressured at all) Kent Li — Kucoin — Operation Director, [22.10.17 01:20] Ah, actually we have a better plan Kent Li — Kucoin — Operation Director, [22.10.17 01:21] There will be a dashboard or report page for users, it will display their profolio on Kucoin, their daily gains & losses, sort of this kind of things USER, [22.10.17 01:21] Thank you for that clarification! I’d know like to move onto some suggestions from my readers on the exchange, talking to a great many traders, they all agree that the exchange is better than up to 80% of the exchanges available. It’s intuitive, innovative and user friendly. Some points that were brought up were; the non-existence of a “scroll bar” for the order book, which one of your other developers already said you were after more elegant solutions. Others would be including the placement of the chart, some people were saying that it was a little too small. USER, [22.10.17 01:22] If you would like to share any plans with me, I would love to include it in my article, and if you could retweet it or pin it on your twitter. I’m sure it will bring a lot of people piece of mind. USER, [22.10.17 01:24] It’s definitely understandable that making sudden changes to the UI of the exchange isn’t something to be done over a night, so I’ll definitely highlight that, I think this is just an important step in gaining the trust of the community. Kent Li — Kucoin — Operation Director, [22.10.17 01:25] Yeah, things have to done step by step 
If you found this helpful, please sign up using my invitation link: https://www.kucoin.com/#/?r=E3sJ60
submitted by aIe22 to CryptoCurrencies [link] [comments]

Subreddit Stats: Bitcoin posts from 2018-10-09 to 2018-10-16 19:41 PDT

Period: 7.10 days
Submissions Comments
Total 765 10226
Rate (per day) 107.80 1494.28
Unique Redditors 596 3440
Combined Score 31658 33963

Top Submitters' Top Submissions

  1. 4526 points, 1 submission: Alexsayzz
    1. Anti-crypto propaganda... promoted by American Express (4526 points, 513 comments)
  2. 2391 points, 2 submissions: MoonMan_666
    1. Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second. (2369 points, 380 comments)
    2. Dev sends Bitcoin without using the web or the power grid (22 points, 4 comments)
  3. 2077 points, 1 submission: _Logicrypto
    1. When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time (2077 points, 69 comments)
  4. 1496 points, 1 submission: bitbug42
    1. ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet (1496 points, 186 comments)
  5. 1417 points, 1 submission: opencoins
    1. Why sell and pay capital gains, why not wait for mass adoption? That's my motto. (1417 points, 244 comments)
  6. 1174 points, 1 submission: awertheim
    1. Took a while but finally part of the picture club (had to wait on the web browser update!) (1174 points, 127 comments)
  7. 853 points, 1 submission: Hodl_it
    1. Feeling good? (853 points, 215 comments)
  8. 833 points, 1 submission: cointastical
    1. Bitcoin ATM operator gets the $62,500 that police confiscated back (833 points, 110 comments)
  9. 802 points, 2 submissions: JandyJammer
    1. Congratulations US senators for understanding crypto better than this guy (748 points, 125 comments)
    2. How is Bitmex the biggest exchange... total joke. I hope their competitors crush them. (54 points, 49 comments)
  10. 704 points, 1 submission: lesbiansareoverrated
    1. ...in case you missed the laura shill burn today (704 points, 100 comments)
  11. 512 points, 5 submissions: castorfromtheva
    1. Mycelium wallet will FINALLY get segwit! "This month" as stated by Mycelium developers on 9 October 2018. Glad to hear! I am excited. (312 points, 136 comments)
    2. Just saw it on their website: Ledger Nano S 20% off, directly from manufacturer! For six days, starting today. Just in case you consider getting a hardware wallet. (146 points, 84 comments)
    3. Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits (44 points, 8 comments)
    4. Binance Uganda Launch 80% Ready As Users Can Now Sign Up: Deposits & Trading Coming Soon (8 points, 1 comment)
    5. Article: "Cryptos at a turning point", trustnodes.com (2 points, 0 comments)
  12. 510 points, 4 submissions: eddieweng
    1. Someone moved 12,220 BTC ($82M) in block 545,877 (393 points, 180 comments)
    2. Someone moved 22,200 BTC ($139M) in block 545,243 (90 points, 38 comments)
    3. CoinMarketBull – CoinMarketCap, but with a different metric (26 points, 4 comments)
    4. holdernews - trending stories on bitcointalk (1 point, 0 comments)
  13. 387 points, 1 submission: StoneHammers
    1. We are three months away from Bitcoins 10 year anniversary. (387 points, 39 comments)
  14. 366 points, 3 submissions: TrackCoinMarket-com
    1. Citizens of Venezuela have turned to Bitcoin and gold farming in online games to survive the country’s economic collapse. (365 points, 60 comments)
    2. Zambian Central Bank Declares Bitcoin Is Not Legal Tender (1 point, 7 comments)
    3. Bitcoin is Maturing, Crypto Growth Surprisingly Positive Reveals Study (0 points, 3 comments)
  15. 358 points, 1 submission: musicfan39
    1. Bitcoin all-time price graph (Aug 2010 – Oct 2018) (358 points, 84 comments)
  16. 311 points, 5 submissions: TheGreatMuffin
    1. Bitfinex' statement on fiat deposits/withdrawals (tldr: fiat and crypto withdrawals working, fiat deposits temporarily paused) (103 points, 52 comments)
    2. Bitfinex suspends all fiat deposits, “expects the situation to normalize within a week” (78 points, 62 comments)
    3. Fidelity gives a nod to OG cypherpunks (mentioning Adam Back, Nick Szabo, David Chaum) and bitcoin's precursors in their newest blog post (78 points, 0 comments)
    4. full video of the US Senate hearing on cryptocurrency: with P. Van Valkenburgh and N. Roubini as witnesses (starts at minute 16) (31 points, 5 comments)
    5. Interview with one of the creators of the Samourai wallet (21 points, 1 comment)
  17. 305 points, 1 submission: 6maud
    1. Jamie Dimon: Bitcoin is a scam. Also Jamie Dimon: Let's file 20 blockchain patents so we don't miss out on this blockchain thing. facepalm (305 points, 93 comments)
  18. 274 points, 2 submissions: undertheradar48
    1. $6.9 trillion of assets just got access to the world of crypto! (169 points, 24 comments)
    2. 1.65 Million people are attending over 5,000 Bitcoin meetups around the world. Organic interest/curiosity is real! (105 points, 41 comments)
  19. 265 points, 1 submission: NoGooderr
    1. Shorters, are you okay? (265 points, 123 comments)
  20. 253 points, 5 submissions: _smudger_
    1. Bakkt CEO: We're About To See A Cryptocurrency Revolution (130 points, 29 comments)
    2. Our team, launch and advocacy – Bakkt Blog – Medium (104 points, 33 comments)
    3. Coinbase's Adam White is joining Bakkt as its COO - The Block (16 points, 1 comment)
    4. The Bright Side of the 2018 Bitcoin Bear Market – Wes Carlson – Medium (2 points, 0 comments)
    5. Analysis: ErisX & Bakkt Are All in on the Battle for Institutional Cash (1 point, 0 comments)
  21. 247 points, 1 submission: Fly115
    1. It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it's worth 97 cents). - Erik Voorhees (247 points, 129 comments)
  22. 237 points, 1 submission: manfromnantucket1984
    1. Bear markets are for building! 🐻⚡ While the price is doing what it does, we continue to build the #LightningNetwork at the #LightningHackdayNYC in New York on October 27th/28th 2018. Speakers like Christian Decker, Matt Corallo and Peter Todd will take you down the rabbit hole. (237 points, 15 comments)
  23. 232 points, 1 submission: TheMidnightMatinee
    1. Guys lets rally and show your support for an BTC ETF! Here's why! (232 points, 63 comments)
  24. 231 points, 2 submissions: installeris
    1. Fidelity just made it easier for hedge funds and other pros to invest in cryptocurrencies (169 points, 36 comments)
    2. Nouriel Roubini has always been talking sh*t about Bitcoin. And he's always wrong. (62 points, 29 comments)
  25. 226 points, 1 submission: lewtr
    1. An easter egg in the Bitcoin genesis block code (226 points, 40 comments)
  26. 218 points, 1 submission: Unusual_Mountain
    1. Bitcoin as a safe haven from monetary policy can help keep governments and banks honest. It doesn't have to replace them. (218 points, 85 comments)
  27. 214 points, 1 submission: Mobilenewsflash
    1. Roubini (214 points, 50 comments)
  28. 212 points, 1 submission: CardCollector1
    1. Getting Started with BTCPay Server - Free and Open Source Bitcoin and Lightning Network payment processor (212 points, 75 comments)
  29. 201 points, 1 submission: yonstonston
    1. Sorry guys, i bought BTC yesterday... (201 points, 72 comments)
  30. 161 points, 2 submissions: linzex
    1. A Bitcoin Lesson From A Yogi Master (93 points, 6 comments)
    2. ChangeNow Exchange Accused of $70,000 Theft (68 points, 8 comments)
  31. 159 points, 3 submissions: zappadoing
    1. greetings from holidays - I thought I won't have to read anything about bitcoin this time... (130 points, 12 comments)
    2. Telegram down! Lots of Bitcoin-Groups not accessible. We need something decentralized. (19 points, 26 comments)
    3. Colleges Are Baffled by Bitcoin Donations (10 points, 0 comments)
  32. 159 points, 1 submission: Crevative
    1. Zimbabwe spirals into economic chaos as fears of another round of hyperinflation begin to spark - another fiat currency fails! (159 points, 20 comments)
  33. 147 points, 1 submission: lexihayes99
    1. Just wanted to remind people of a simpler time :) (147 points, 196 comments)
  34. 146 points, 1 submission: Rare_Ad
    1. Bitcoin was a tool that was born of the economic crisis some 10 years ago, does that mean another big recession or banking collapse could catapult it forward? (146 points, 87 comments)
  35. 146 points, 1 submission: vmrey
    1. Buda, the largest crypto exchange by volume in Chile, is one of the first to incorporate Lightning network. (146 points, 14 comments)
  36. 145 points, 1 submission: wwwdata
    1. I own crypto but not Bitcoin. (145 points, 243 comments)
  37. 141 points, 9 submissions: expertbit
    1. This E-Bike Accepts Payments With Bitcoin's Lightning Network (51 points, 3 comments)
    2. Bitcoin [BTC] transfers will become a lot faster with Liquid Network, says Jimmy Song (37 points, 58 comments)
    3. Top Universities Are Now Investing in Cryptocurrency Funds (18 points, 0 comments)
    4. Indian Exchange Unocoin Could Launch Crypto ATMs (17 points, 0 comments)
    5. Bitcoin Price Stability -- A Bullish Or Bearish Sign? (15 points, 1 comment)
    6. Don’t Underestimate China’s Power In Bitcoin (2 points, 3 comments)
    7. Bitcoin Price Analysis: Bulls Defend Yearly Support Amidst Wall Street Slump (1 point, 0 comments)
    8. Bitcoin Network Comes To A Standstill In China (0 points, 2 comments)
    9. Bitcoin Price Jumps by $600 to Reach One-Month High Above $6.9k (0 points, 0 comments)
  38. 137 points, 1 submission: diditmakesound
    1. Everyone still buying right now (137 points, 30 comments)
  39. 135 points, 1 submission: gattacibus
    1. POLONIEX suspends Bitcoin withdrawals (135 points, 86 comments)
  40. 129 points, 3 submissions: nopara73
    1. Wasabi Wallet added OSX support. Please consider testing it. (55 points, 25 comments)
    2. Scoring Bitcoin Wallets (38 points, 25 comments)
    3. A Technical Overview of Wasabi Wallet, Future Ideas, Plans and Strategy (36 points, 1 comment)
  41. 123 points, 1 submission: Big_Bluefin
    1. Live from Fremont Street in Las Vegas (123 points, 20 comments)
  42. 121 points, 1 submission: agustinf
    1. Latin American Exchange Buda.com adds Lightning Network payments for all. (121 points, 17 comments)
  43. 118 points, 2 submissions: TheCrunk1
    1. Fidelity launches new company for trading, storing cryptocurrencies (98 points, 26 comments)
    2. Binance launches fiat-to-crypto exchange in Uganda (20 points, 7 comments)
  44. 112 points, 1 submission: Thinkmoreaboutit
    1. "Over the weekend I sent a bitcoin transaction to a relay 12.6km away with no cell network or internet connection. Here's a tweetstorm about how I used @gotenna and @SamouraiWallet to do it" [email protected] (112 points, 20 comments)
  45. 111 points, 1 submission: Jackieknows
    1. When it comes to your coins, keep it quiet. – Trezor Blog (111 points, 10 comments)
  46. 110 points, 1 submission: 100ravp
    1. Someone solved the 310.00 BTC challenge (110 points, 87 comments)
  47. 110 points, 1 submission: loulan
    1. There was an attempt (110 points, 78 comments)
  48. 106 points, 1 submission: king-only
    1. Breez, a Lightning Network mobile client, is now fully open sourced (106 points, 19 comments)
  49. 101 points, 2 submissions: HodlingToTheMoon
    1. Websites using Joomla (second most popular platform after Wordpress), can now be enabled with Bitcoin payments - In less than 5 min! (98 points, 5 comments)
    2. Got business on your mind? Here are 7 easy and genuine ideas to start a Bitcoin-centric e-commerce store! (3 points, 0 comments)
  50. 98 points, 1 submission: ubunt2
    1. Fidelity Starts Crypto Unit to Serve Wall Street Customers (98 points, 4 comments)
  51. 97 points, 1 submission: CosmicHemorroid
    1. Lightning Powered E-bike #Reckless (97 points, 22 comments)
  52. 96 points, 3 submissions: DesignerAccount
    1. Bitcoin is all grown up! (83 points, 6 comments)
    2. [Bitcoin OpSec - Keep your coins safe] Detailed breakdown of sophisticated scam (12 points, 6 comments)
    3. Infographic - How do UTXOs work? (1 point, 0 comments)
  53. 96 points, 1 submission: bowlingfries
    1. Bitcoin kiosk in Portland OR weed dispensary (96 points, 21 comments)
  54. 94 points, 1 submission: nassimmontreal
    1. #roubinilovescrypto (94 points, 37 comments)
  55. 92 points, 2 submissions: ella11price
    1. Selling goods and items for Bitcoin should be easy. I built a marketplace similar to eBay so people can sell anything for crypto. This video explains it. (91 points, 63 comments)
    2. The best ways to earn bitcoin and cryptocurrency. Includes how to spot a scam (1 point, 0 comments)
  56. 91 points, 1 submission: ytcoinartist
    1. The Golden Pineapple, a 3D combination puzzle for all ages and free to play. Be the first to solve the final level and win 1 BTC, courtesy of The Pineapple Fund. http://pineapplearcade.net/arcade-game/pineapple (91 points, 25 comments)
  57. 89 points, 1 submission: Rachsuchtig
    1. An BTC ATM at Austria/Salzburg Shopping Arena, totally surprised to see (89 points, 11 comments)
  58. 87 points, 2 submissions: Ishan1121
    1. Bitcoin proves once again its the best way to transfer money! $194 million transferred for 10 cents. (87 points, 18 comments)
    2. Discussion: So Bitcoin rises as fake news on Binance delisting Tether (USDT) goes viral...removing Tether completley will affect the market positively? THoughts? (0 points, 6 comments)
  59. 87 points, 1 submission: Blixx87
    1. I finally figured it out! We have been forming a Dorito Pattern and it’s on it’s way to the cheese dip. (87 points, 49 comments)
  60. 86 points, 8 submissions: EffigyBoy
    1. Venezuelans Play RuneScape To Make Small Profit In Bitcoin (31 points, 4 comments)
    2. CFTC Chair On Bitcoin Expansion: "We Are Seeing More Institutional Movement Into This Area" (26 points, 0 comments)
    3. The Indian Government is Considering to Launch Its Own Cryptocurrency to Avoid Citizens Using Bitcoin (13 points, 14 comments)
    4. The Congress Is Groping In The Dark To Handle Cryptocurrencies. Bitcoin has come into the mainstream. (6 points, 0 comments)
    5. After Stock Markets Plunge Cryptocurrency Whale Dumps over 22 100 BTC (5 points, 11 comments)
    6. Scientific Journal 'Chaos' Favors Bitcoin – As stable as Oil and Dollar Markets (2 points, 1 comment)
    7. The First Physical Cryptocurrency Store in The U.S. Launches on October 20 (2 points, 1 comment)
    8. Omniex and Gemini Struck A Partnership to Support Institutional Investors (1 point, 0 comments)
  61. 85 points, 2 submissions: jakesonwu
    1. Release - Eclair v0.2-beta7 - Compatible with Bitcoin Core 0.17.0 (75 points, 8 comments)
    2. Lord Keynes Would Be Proud (10 points, 1 comment)
  62. 84 points, 2 submissions: renepickhardt
    1. ECDSA is not that bad: two-party signing without Schnorr or BLS (by Stepan Snigirev) (53 points, 7 comments)
    2. Last week in Lightning Network: A weekly collection of lightning network (and related) news on Twitter (31 points, 6 comments)
  63. 83 points, 3 submissions: OldCarpet54
    1. [GIVEAWAY] Crypto Invest Summit – Wozniak, Gupta, Morehead (82 points, 1 comment)
    2. blockchain news: from SF Blockchain Week and XBlockchain (1 point, 0 comments)
    3. Buterin | SpankChain | Kambria: San Francisco Blockchain Week (0 points, 0 comments)
  64. 83 points, 1 submission: -elektro-pionir-
    1. AMA with Bitcoin engineer Jameson Lopp (83 points, 21 comments)
  65. 80 points, 3 submissions: ysangkok
    1. Bitcoin script discussion at Scaling Bitcoin: "Sporks are probabilistic soft-forks [...] where instead of [...] version bits if the blockhash has some [...] PoW below some threshold, it activates. [...] [E.g.] you have an expectation of 6 months to get your shit together. Doing it live." (28 points, 3 comments)
    2. Multi-Hop Locks for Secure, Privacy-Preserving and Interoperable Payment-Channel Networks (27 points, 8 comments)
    3. Scaling Bitcoin Kaizen - Scriptless scripts, adaptor signatures and their applications (25 points, 2 comments)
  66. 78 points, 3 submissions: mkuraja
    1. What's the difference between Lightning Network and Liquid Network? (57 points, 41 comments)
    2. Need some fresh, new FOMO in your life? Reenter, Trace Mayer. (15 points, 1 comment)
    3. This American tourist thought I'd see "Bitcoin Accepted Here" all over Tokyo, Japan but not one place found yet. (6 points, 17 comments)
  67. 77 points, 1 submission: Miladran
    1. Fidelity Says It Will Trade Bitcoin for Hedge Funds (77 points, 1 comment)
  68. 77 points, 1 submission: pandaman200
    1. Swiss Crypto Fund Obtains Country’s First Crypto Asset Management License (77 points, 4 comments)
  69. 75 points, 3 submissions: mickhick95
    1. I purchased a goTenna to broadcast my BTC transactions with TxTenna and Samourai Wallet. (44 points, 15 comments)
    2. I saw a Bitcoin ATM and I had to make a purchase. (28 points, 41 comments)
    3. 303-ish Days in the BTC Bear Market, This Sideways Motion Looks Like A Turn Around!!! (3 points, 16 comments)
  70. 75 points, 1 submission: hcarpach
    1. Venezuelan cryptocurrency miner: “we are police’s most wanted” (75 points, 21 comments)
  71. 73 points, 6 submissions: WorkCoin_Team
    1. “Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.” – Pieter Wui (66 points, 14 comments)
    2. Revolution of Bitcoin (5 points, 3 comments)
    3. A Funny Bitcoin Thought (2 points, 20 comments)
    4. Getting started with Bitcoin (0 points, 1 comment)
    5. Make your foundation strong (0 points, 0 comments)
    6. What are you not willing to compromise? (0 points, 6 comments)
  72. 73 points, 1 submission: ozdixon
    1. Bitcoin accepted at a absenth bar in Prague. (73 points, 11 comments)
  73. 72 points, 1 submission: Itasia
    1. What Are Atomic Swaps? Ultimate Guide (72 points, 16 comments)
  74. 71 points, 1 submission: MannyAndDrChurchShow
    1. I wonder if they would still honor this card.... (71 points, 9 comments)
  75. 68 points, 4 submissions: grittygatorr
    1. Liquid Network - the world’s first production Bitcoin sidechain has officially gone live (65 points, 100 comments)
    2. XDEX Advertises Commission-Free Bitcoin Trading in Brazil (2 points, 0 comments)
    3. Coinfloor to Cut on Staff and Reorganize Amid Volume Fluctuations in the Crypto Markets (1 point, 0 comments)
    4. Barclays Temporarily Suspends Work on Cryptocurrency Trading Project (0 points, 1 comment)
  76. 68 points, 1 submission: WouterGlorieux
    1. Introducing 'The Bitcoin Spellbook': an open-source REST API server for the back-end of (almost) any Bitcoin application. (Think of it as your own IfThisThenThat server but for Bitcoin) (68 points, 3 comments)
  77. 67 points, 1 submission: Vaultoro_official
    1. Leading up to the LightingNetwork Hackathon in NY, I thought I would post the talks we filmed at the Berlin lightningHackDay. Some amazing talks! (67 points, 1 comment)
  78. 65 points, 1 submission: Komodor123
    1. Do you speak more than one language? Then help spread Bitcoin around the world by translating Bitcoin.org! (65 points, 28 comments)
  79. 63 points, 1 submission: Sandiegosurf1
    1. Fidelity Launches Institutional Crypto Trading and Clearing. Let the institutional money flow! (63 points, 1 comment)
  80. 63 points, 1 submission: TearAnus-SoreAssRekt
    1. Buying PC Games With Bitcoin: Site Reviews (with some accepting Lightning!) (63 points, 7 comments)
  81. 62 points, 1 submission: CryptoCloaks
    1. We finally got our RaspiBlitz case to a level we love! Time for load testing to check thermals, final mods are almost done! (62 points, 10 comments)
  82. 61 points, 1 submission: sagiher
    1. #Liberte#CaribbeanBitcoin#ShoutOutToAllBitcoinDeveloperOutThere (61 points, 9 comments)

Top Commenters

  1. PragmaticParadox (465 points, 7 comments)
  2. ikarienator (462 points, 1 comment)
  3. Hanspanzer (434 points, 106 comments)
  4. Toyake (434 points, 71 comments)
  5. uglymelt (394 points, 3 comments)
  6. UsherTechs (377 points, 1 comment)
  7. isdudu (345 points, 4 comments)
  8. TyroneTheDriver (307 points, 1 comment)
  9. Rattlesnake_Mullet (296 points, 11 comments)
  10. andycam7 (282 points, 3 comments)
  11. dmdeemer (275 points, 1 comment)
  12. BTCkoning (266 points, 114 comments)
  13. CP70 (257 points, 7 comments)
  14. ascension8438 (239 points, 7 comments)
  15. Fly115 (226 points, 9 comments)
  16. haribo_2016 (220 points, 4 comments)
  17. dsmid (214 points, 1 comment)
  18. i_gotta_say (208 points, 87 comments)
  19. TheGreatMuffin (206 points, 56 comments)
  20. ebaley (198 points, 34 comments)
  21. bitsteiner (185 points, 86 comments)
  22. Redditridder (181 points, 5 comments)
  23. KupKhunKrap (173 points, 36 comments)
  24. 45sbvad (169 points, 3 comments)
  25. c3corvette (165 points, 2 comments)
  26. killerstorm (163 points, 8 comments)
  27. evilgrinz (158 points, 48 comments)
  28. chronic_nervosa (140 points, 1 comment)
  29. bigdaddysdick (136 points, 7 comments)
  30. castorfromtheva (129 points, 27 comments)
  31. Touchmyhandle (125 points, 12 comments)
  32. Euphoricsoul (122 points, 1 comment)
  33. WaterMac27 (122 points, 1 comment)
  34. DSXIII (118 points, 1 comment)
  35. RIMS_REAL_BIG (117 points, 24 comments)
  36. cryptogrip (112 points, 39 comments)
  37. WalterRyan (108 points, 10 comments)
  38. sudophant (107 points, 5 comments)
  39. NotSeeTroll (104 points, 37 comments)
  40. deadleg22 (104 points, 10 comments)
  41. shared_makes_it_real (103 points, 26 comments)
  42. alexiglesias007 (103 points, 7 comments)
  43. Buttoshi (102 points, 68 comments)
  44. flunderbossanova (102 points, 59 comments)
  45. lexihayes99 (101 points, 28 comments)
  46. mabezard (101 points, 2 comments)
  47. peniswithahoodie (98 points, 1 comment)
  48. beloboi (96 points, 65 comments)
  49. vovr (89 points, 3 comments)
  50. segells4soulsmogoblo (89 points, 1 comment)
  51. damchi (87 points, 21 comments)
  52. smadgerano (81 points, 14 comments)
  53. time_wasted504 (80 points, 34 comments)
  54. joeknowswhoiam (80 points, 16 comments)
  55. diydude2 (79 points, 26 comments)
  56. sQtWLgK (79 points, 17 comments)
  57. 989x4000 (78 points, 22 comments)
  58. sreaka (78 points, 16 comments)
  59. YoungScholar89 (78 points, 6 comments)
  60. Ellipso (76 points, 2 comments)
  61. HitsABlunt (76 points, 1 comment)
  62. almkglor (75 points, 39 comments)
  63. MrRGnome (75 points, 37 comments)
  64. Daddeus65 (75 points, 28 comments)
  65. whalecheetah (75 points, 25 comments)
  66. BCash_BeTrash (75 points, 23 comments)
  67. cipher-space (75 points, 19 comments)
  68. bnuttall (72 points, 2 comments)
  69. chrisrico (71 points, 26 comments)
  70. esdraelon (71 points, 8 comments)
  71. ale1ormont (71 points, 2 comments)
  72. igadjeed (70 points, 42 comments)
  73. Holographiks (70 points, 19 comments)
  74. frankieboy07 (70 points, 2 comments)
  75. snazzycoins (69 points, 12 comments)
  76. dmar198 (69 points, 11 comments)
  77. protoman86 (69 points, 7 comments)
  78. bitbug42 (68 points, 5 comments)
  79. CardCollector1 (66 points, 16 comments)
  80. hawks5999 (66 points, 7 comments)
  81. DefiantVerse (65 points, 12 comments)
  82. psionides (65 points, 8 comments)
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Top Comments

  1. 462 points: ikarienator's comment in Feeling good?
  2. 456 points: PragmaticParadox's comment in Anti-crypto propaganda... promoted by American Express
  3. 387 points: uglymelt's comment in ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet
  4. 377 points: UsherTechs's comment in When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time
  5. 342 points: isdudu's comment in Anti-crypto propaganda... promoted by American Express
  6. 307 points: TyroneTheDriver's comment in Anti-crypto propaganda... promoted by American Express
  7. 276 points: andycam7's comment in Why sell and pay capital gains, why not wait for mass adoption? That's my motto.
  8. 275 points: dmdeemer's comment in Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second.
  9. 268 points: Rattlesnake_Mullet's comment in Someone moved 12,220 BTC ($82M) in block 545,877
  10. 244 points: CP70's comment in Anti-crypto propaganda... promoted by American Express
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Kucoin exchange / KCS - 90% revenue redistributed to holders!! A comprehensive analysis of KuCoin exchange and Kucoin shares

KUCOIN EXCHANGE / KCS - 90% REVENUE REDISTRIBUITED TO HOLDERS!! A COMPREHNSIVE ANALISYS OF KUCOIN EXCHANGE AND KUCOIN SHARES
If you'll find this helpful, please sign up using my invitation link: https://www.kucoin.com/#/signup?r=E3iEp_!
Quick disclosure, nothing in this article should be considered as financial advice, this is purely my opinion and my research alone, take it with a grain of salt.
It’s an up-and-coming cryptoexchange that is like an integration of COSS and Binance. The problem with COSS is that there is little incentive for investors to use it, the UI is lackluster, it lacks proper charting tools, the previous CEO was known to be part of pyramid schemes. Binance, a similar Hongkong exchange is something that we can also compare KCS to, the BNB token offers the utility to reduce fees, but again there’s little incentive to actually have BNB tokens are use the Binanance exchange. I elaborate further on the advantages the Kucoin will have over other exchanges.
Kucoin has similarities to COSS in that 50% of fees that they charge are returned to the holders of KCS everyday at 12am. Holders of KCS get access to other perks such as trading fee discounts similar to BNB, customer-service fast passes and more. I also need to highlight that the 100m that is being with-held for 4 years and 30m of which is locked up for 2 years belonging to the founders/investors respectively ARE NOT subject to the 50% re-compensation of fees which normal traders/investors earn. Which means that only the current 100m supply for the next 4 years is eligible to receive the dividends from KCS.
Kucoin has a long-term goal of becoming a decentralized exchange(DEX) or integrating as much of it as they possibly can within their ecosystem, a point that I’d really like to highlight is that recently there has been a lot of news/FUD around exchanges like Bittrex and Bitfinex banning users, Finex have already disabled US citizens access to trading on their platform, and Bittrex is a US exchange, so who knows when they’ll have to close their doors to US citizens, they’ve even gone so far as to ban people from middle-eastern nations, however decentralized exchanges are on-chain and there is no governance or need to store funds on centralized exchanges to risk being hacked, as well as lawmaking bodies having no jurisdiction over them. There are currently withdrawal limits on accounts but the developers will be removing those very shortly, Kucoin has extremely fast transfer times with lower amounts of confirmations for speedy deposit/withdrawal, low transaction fees of 0.1% with special events where some coins are free to trade, such as WTC/HSR as of now.
The user interface is amazing compared to most exchanges out there, they enable trading view charting which is much better for traders to use compared to charts such as on Bittrex or Binance which have a very limited selection of charting tools, there are some kinks on the website such as the orderbook, however I have had a talk with the developers and they said that they were looking for “more elegant ways” to display the orderbook than just a scrollbar, they were also looking into producing a nightmode which is a god-send for night-dwelling (night-traders).
The Kucoin team are extremely active and have nearly 24/7 support, you can go into their telegram and ask them any question and they’ll answer you hastily and earnestly.
They also have an invitation bonus which is as a referral compensation program, basically for every person that YOU invite, you get 20% of the trading fees of the person you invited as an INCOME, and then 12% of the trading fees of the people that they invite. (I know you think that this reeks of a pyramid-scheme, however, I need to highlight that the KCS team do NOT benefit at all from this referral program as they actually LOSE money if OTHER people/users are using these referrals.) It is an attempt to bring more volume and traffic, but traders/investors only stand to gain from this, we have absolutely nothing to lose, the more friends you invite the more income you can have. (Some people are calling this a pyramid scheme, however it’s simply a marketing tool, I brush up on this in the second half of the article)
Right now, KCS is flying under the radar, it hasn’t even been added to CMC yet (they are getting it added very soon) and once it does we do expect to see a lot of hype, there will be a very huge in-flux of traders who would come to the exchange, I see this as the death of COSS, no one will go back once they try out KCS.
Let’s talk about the valuation of KCS, currently there is 200m supply cap, eventually over a long period of time the KCS team will buyback KCS (optional to sell to them) with the profits made from trading fees to the burn the supply until there is only 100m left, don’t be alarmed by this, there won’t be a sudden supply restriction of 100m over one night, its something that will probably take a decade to achieve, if not even longer. Who knows for sure, right so moving on; KCS is currently valued at approximately $0.6USD at 200m supply thats around $54m USD market cap. It’s only been out for under a month and the ICO price was $0.3USD(5000 satoshis) or around there, so it has doubled and a medium-high marketcap of $54m but lets compare the price to Binance, which is currently $1.27 through all of the FUD/FOMO on Bitcoin/bitcoin gold/2x. Token supply of 200m like, similar to KCS, was valued at its peak approximately $2.58 per BNB reaching a total market cap of around $270m, and it doesn’t even have the same features as KCS. So, KCS is currently valued at $0.6USD, with all of its amazing features, team, dividend payout, referral program; I believe has the potential to grow even larger and maintain its price. If not more. I do see this as a huge long-term project, it’s the mainstream exchange killer, it’s like the oneplus versus Apple and Samsung, if we actually evaluate the coin and the Kucoin exchange itself within its ecosystem it has nearly unlimited potential.
One of the common misconceptions and concerns is that traders have is, is Kucoin a MLM/Pyramid scheme?
What we have here is one of the posters on their website promoting an invitation/referral compensation program. The initial impact of the image makes one think that it is a pyramid scheme, but if you actually look closely you’ll understand that in actual fact Kucoin themselves don’t really benefit at all, they’re giving 90% of all of their fees to the referee as compensation while they only take 10%. This isn’t a pyramid scheme or some shady MLM, it’s a marketing tool to attract more traders and liquidity to the market. The only people who really benefit are the traders.
Getting straight to the point, it has a picture of a pyramid, but it isn’t a pyramid scheme. I need to highlight that the referral system is completely optional, you don’t need to invite anyone or spam your link, I understand that it does get annoying for people. It is a marketing plan aimed at being a liquidity attraction tool to try to hook more traders into using the exchange, but people are so stigmatized to the shape of pyramids that they fail to see the truth behind the curtains.
I’d like to go through the business model and ecosystem of exchanges, and as objectively as I can compare the difference between each exchange.
So for this example I’ll use 3 exchanges:
A. Bittrex B. Kucoin C. GDAX 
I’d like to make a fair evaluation of these exchanges based on three things.
1. Trading fees 2. User friendliness 3. Trading tools. 
First, some more assumptions Kucoin is still in its early stages of launching as an exchange, I’ve talked to the developers and they will be adding in “more elegant ways to see the orderbook” and stoploss/take profit systems.
5-point evaluation: very good, good, mediocre, bad, very bad.
A. 1. Mediocre-Bad (0.25%) 2. Good 3. Mediocre-good. B. 1. Very good (0.1%) 2. Good 3. Good C. 1. Mediocre-Bad (0.25%) 2. Good. 3. Mediocre 
Some other underlying assumptions are that each exchange has the same amount of trading volume daily; $100m. Each have the same variety of coins listed.
Given that information, which exchange would you personally as a trader gravitate towards; try to be as subjective as possible. If my evaluations are wrong, let me know and I will amend them.
You would inherently choose B. Correct? There is a recurring argument that the token offers no utility, the truth in the fact is that very few tokens offers anything at all, BTC is simply a speculative asset with no intrinsic value, and that’s it. I haven’t introduced the token dynamic just yet, so hold up.
Going back to the MLM/Pyramid scheme aspect of it. For something to be a pyramid scheme it has to have an initial buy-in where the grunts at the bottom purchase a product, and it has to directly benefit the upper echelons id est the developers/the exchange.
Does Kucoin meet any of those requirements? Not really. The referral program doesn’t require anything, you don’t need to hold Kucoin to be eligible for the 20% of fees that you’re earning from people you invite. It’s completely optional with no buy in, no product to sell. You can just use the exchange, or even invite people to get the referral bonus, then forget about it, and as they trade on the exchange you earn a % of those transaction fees passively. In fact, the Kucoin team loses from this marketing. Because they’re essentially giving a cut of the fees which they should earn back to its traders. Bittrex/GDAX don’t offer anything at all, they simply take 100% of all fees they have and put it in their pockets.
To summarize:
A. Bittrex pockets all transaction fees it earns from traders on its exchange without any compensation to traders. B. Kucoin offers an optional referral promotion whereby referees earn a % of fees that are incurred by the referred to the referee as compensation to help bring more liquidity to the exchange. This is actually detrimental to kucoin as they earn less income from transaction fees by giving it to the referees. C. GDAX pockets all transaction fees it earns from traders on its exchange without any compensation to its traders. 
If you believe that this statement is incorrect, or overly subjective please speak out.
Now, the issue with the token. Some people are saying that it has no utility; I’m going to prove that it does have utility.
A. Bittrex does not offer a utility token which reduces fees, or returns any portion of their income to traders. Of $100m trading volume they pocket $250K a day. B. Of all Kucoin token holders, 50% of all transaction fees earned by the exchange are transferred nightly at 12AM to Kucoin token holders. Of $100m daily trading volume they pocket $50k, while the other $50k is transferred to its token holders. C. GDAX does not offer a utility token which reduces fees, or returns any portion of their income to traders. Of $100m trading volume they pocket up to $250K a day. 
If there’s a problem with my calculations, please let me know.
Now I need to ask, is there value in holding the token? It is a speculative asset, which provides utility in generating returns for the holders of the token on the exchange. As far as tokens/coins go I’m fairly certain that this token has utility, it doesn’t just offer a cut of the 50% of daily trading volume as income but can also act eventually as fee discounts similar to BNB, as well as simply holding it will grant you support-fast access(Give that their support team is already very fast, that’s something to consider).
There is also no inherent need for the token, Bittrex/GDAX are already largely successful even without utility tokens, so why is Kucoin going out of their way to even lose up to 50% of their income?
The answer lies in liquidity, and competition; the utility token, the referral compensation system, they are all liquidity attraction tools. Exchanges make money based off how much transaction fees they can incur through the amount of daily trading. How does a new exchange compete with big wigs like Bittrex/GDAX? These are huge giants who have been in the game for a long time, but they’re some-what obsolete. They’re greedy and only care about themselves, have horrible customer-service and poor communication within their community. Kucoin offers more than that, you can go talk to its active development team in their telegram, bombard them with any stupid question you like, and they will respond.
The token, the referral system are liquidity attraction tools, even if they only get 50% of all trading fees as income, if they can attract more liquidity than other exchanges and become competitive they can also be big, furthermore we as investors holding the token don’t lose anything at all, in fact we get a cut of the 50% of the trading fees they earn. I’ve already received my first dividend last night at 12am, it was basically nothing but that is considering that they only have a trading volume of $1.1m a day approximately, if not less. If that was $300m, the number of dividends anyone would get would be 3-fold.
What to take away from this; it seems like an MLM/Pyramid scheme on the surface, but the developers do not directly benefit from giving traders a huge cut of their profits, their main goal is liquidity and competition. The token value is also a long-term goal, I should reiterate that there is currently only a total supply of 200m which will over a course of a very long time will be reduced to 100m, but that will be a very long time from now, 100m of the current supply is locked up for 4 years for the team/2 for advisors. As well as, being locked up they aren’t eligible to receive any of the 50% cut of the trading fees until AFTER they are released.
I see this as potential big opportunity, purely because in the future I can see the possibility of this becoming a very competitive exchange within crypto-space. This is without a doubt a shill, I’m not partnered with them or anything, but I felt like I needed to clarify what a pyramid scheme is and the distinction between Kucoin’s marketing model and an actual MLM like Amway.
The dividend model (50% of trading fees are given to the KCS holders)
I’d like to also go through the dividend model, every night at UTC+8 12AM, they deposit directly into your wallet address your share of the 50% trading fees that they earned from transactions during the day. The current daily trading volume is around $1.1m, if Kucoin can achieve competitiveness and run up next to some of the biggest names; Bittrex with $350m daily trading volume, you can expect that all of the dividends you earn will go up 350x as well. I’d like to also point out that the more popular the coin is the more transactions there are thus; you are always earning income in the most popular coin, no matter what it may be.
More on the utility of Kucoin (White paper abstract)
*To improve user involvement and exchange vitality, Kucoin is going to award incentive bonus, which equals to 50% of the total trading fees charged by the platform, to users who hold KCS in their accounts. Please note that this award proportion could be adjusted based on the actual situation in the future. The initial amount of KCS is 200 million among which 100 million owned by the team and angel investors would not be taken into account when calculating the bonus. In addition, we guarantee that at most 100 million KCS be calculated in the bonus plan during official buy-back and destruction. To obtain the daily bonus, users would need to deposit their KCS into Kucoin Platform. Then the platform will conduct accounting and award bonus based on to the KCS holdings in user’s account at 0:00 (UTC+8) that day and all the trading fees charged to the platform on the previous day.Then the bonus gained by users will directly put to their Kucoin accounts in the corresponding currency. For instance, If ETH-BTC cryptocurrency pair rate is 0.063 on the platform and the daily exchange volume is 30,000 BTC; based on the 0.1% rate from each side, the platform shall charge 30 BTC and 476 ETH as trading fees. The bonus for every 10,000 holdings would be 10,000 by 100,000,000 (0.01%). So that the daily bonus from this very cryptocurrency pair is 0.003 BTC and 0.0476 ETH (1 BTC and 17 ETH annually). Please note that this is ONLY the ETH-BTC exchange pair BONUS. Other than ETH-BTC, there are still various cryptocurrency pairs on the platform, which creates the trading fees in the corresponding currency and bonus based on the description above.
TRADING FEE DISCOUNT When placing orders to trade, holding a certain amount of KCS in Kucoin account can lower the trading fee. Details will be published through announcements.
OTHER EXCLUSIVE RIGHTS When KCS holding reaches certain levels, users can enjoy special services like one-on-one investment consultation, customer service Fast-Pass, etc.*
Full transcript of my Q&A with the Operation Director Kent Li
Two concerns were put fourth by some of my readers:
How do we know that we are actually receiving the 50% that you are guaranteeing us? In the whitepaper it is stated that the 50% of trading fees traders on the platform will earn is subject to change, what is the reasoning behind this? Kent Li — Kucoin — Operation Director, [22.10.17 00:35] Firstly, the users are actually getting 50%. The trading volume of each pair is transparent, people can get the data from the web page or through our public API endpoints. So there’s nowhere to hide if we cheated on this, people can easily calculate their Kucoin Bonus based on the formula we described in the whitepaper. Kent Li — Kucoin — Operation Director, [22.10.17 00:39] Secondly, many people have discussed our referral system. The reason why we design is like what you have said, to attract more people to come trade on Kucoin. Because we’re new comers in this industry even in China, we have to do everything to attract new users and become competitive in the space, that’s why we share 90% of our trading fees to the users. We want to survive. And we are working our asses off to achieve this. USER, [22.10.17 01:15] Thanks for that clarification! I’d also like to inquire about the rate of dividends that investors earn, currently it is at 50% and in the whitepaper has been stated that it will be subject to change, how long is the 50% bonus going to last? Some of my readers had told me that it will only be for around 6 months, you intend on reducing the income as your exchange becomes more popular correct? USER, [22.10.17 01:16] Also, what is the purpose of the income page in the “Assets” menu, currently all fields are blank, what are your plans for that? Kent Li — Kucoin — Operation Director, [22.10.17 01:18] Hi, we do have a plan to reduce the ratio of Kucoin Bonus. It will stay at 50% for at least 6 months, and it will be adjusted gradually, eventually it will be 15% after two or three years. As you know building and maintaining a high volume exchange will cost a lot of money. “Income” currently contains the GAS reward if you hold NEO on Kucoin, Income is also passive revenue if users hold certain kind of asset on Kucoin. USER, [22.10.17 01:19] In regards to the calculation in the white paper, it may also be beneficial to have a dividends tab in the assets page to show users how their dividends are being earned and the calculation behind. (I understand that this is a lot of work, and you guys are extremely busy, these things definitely do not get done overnight so do not feel pressured at all) Kent Li — Kucoin — Operation Director, [22.10.17 01:20] Ah, actually we have a better plan Kent Li — Kucoin — Operation Director, [22.10.17 01:21] There will be a dashboard or report page for users, it will display their profolio on Kucoin, their daily gains & losses, sort of this kind of things USER, [22.10.17 01:21] Thank you for that clarification! I’d know like to move onto some suggestions from my readers on the exchange, talking to a great many traders, they all agree that the exchange is better than up to 80% of the exchanges available. It’s intuitive, innovative and user friendly. Some points that were brought up were; the non-existence of a “scroll bar” for the order book, which one of your other developers already said you were after more elegant solutions. Others would be including the placement of the chart, some people were saying that it was a little too small. USER, [22.10.17 01:22] If you would like to share any plans with me, I would love to include it in my article, and if you could retweet it or pin it on your twitter. I’m sure it will bring a lot of people piece of mind. USER, [22.10.17 01:24] It’s definitely understandable that making sudden changes to the UI of the exchange isn’t something to be done over a night, so I’ll definitely highlight that, I think this is just an important step in gaining the trust of the community. Kent Li — Kucoin — Operation Director, [22.10.17 01:25] Yeah, things have to done step by step 
If you'll find this helpful, please sign up using my invitation link: https://www.kucoin.com/#/signup?r=E3iEp_!
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