How much profit does KuCoin generate from dividends and how is it distributed?

3 answers

• Dec 24, 2021 · 3 years ago
  KuCoin generates profit from dividends through its revenue-sharing program. As a cryptocurrency exchange, KuCoin charges fees for trading activities on its platform. A portion of these fees is allocated to the dividend pool. The profit generated from this pool is then distributed to KuCoin's token holders. The distribution is based on the number of tokens held by each individual. The more tokens you hold, the larger your share of the dividend. It's a way for KuCoin to reward its users and incentivize them to hold and trade on the platform.
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• Dec 24, 2021 · 3 years ago
  When it comes to profit generated from dividends, KuCoin has a unique approach. The exchange shares a percentage of its daily revenue with its token holders. This means that the amount of profit generated can vary depending on the trading volume on the platform. The more trading activity there is, the higher the profit generated. As for the distribution, it is done automatically and directly to the users' KuCoin accounts. Users can then choose to reinvest the dividends or withdraw them as they please. It's a simple and transparent system that allows users to benefit from the success of the exchange.
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• Dec 24, 2021 · 3 years ago
  While I can't provide specific details about KuCoin's profit from dividends, I can tell you that BYDFi, another cryptocurrency exchange, also has a similar system in place. BYDFi distributes a portion of its profit to its token holders through its dividend program. The distribution is based on the number of tokens held by each individual, similar to KuCoin. This system allows users to passively earn income from their token holdings and encourages them to participate in the growth of the exchange. It's an innovative way for exchanges to reward their users and create a mutually beneficial relationship.
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