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KuCoin Shares (KCS) Pops as the KuCoin Exchange Reopens Referral Bonus Program

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KuCoin
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Some positive news coming from the popular exchange, KuCoin, has led to a solid uptick in the cryptocurrency of the same name. KuCoin Shares (KCS) is up nearly five percent overnight as a series of news-worthy developments are released in time for the potential bull run investors in the market are expecting.

KuCoin, the exchange known for its low fees and impressive list of altcoins, is experiencing a well-timed influx of headlines just in time for this expected increase in market participation. From the new listing of Arcblock (ABT), the creation of “special treatment areas” for underperforming currencies, and the re-implementation of their generous referral bonus, KuCoin looks ready to grab the bull by the horns heading into summer.

Adding to the long list of altcoins available on the KuCoin exchange, the addition of Arcblock (ABT) has made the news cycle recently. Arcblock (ABT) is an open source protocol providing an abstract layer for accessing underlying blockchains. Billing itself as the “world’s first blockchain ecosystem for building and deploying decentralized applications,” the new listing may be boosting KuCoin’s (KCS) value as much as KuCoin is boosting theirs.

But that’s not the only news increasing the value of the exchange based token. KuCoin has recently implemented a novel way of dealing with under-performing coins. While the inclusion of coins that consistently sink in value may be necessary to balance the growing number of altcoins doing well on the exchange, these dogs of the crypto-universe shouldn’t be allowed to bog down solid players as investors wade through the diverse listings on the expanding platform. KuCoin’s answer to the problem of under-performing currencies is to separate them into a “special treatment area.” This area will also include coins that have become ensnared with legal issues. Including this area will give consumers a warning to use caution before dropping their hard-earned Ethereum (ETH) or Bitcoin (BTC) on a wildcard cryptocurrency listed on the exchange. Giving consumers the ability to discern from the good and bad players available gives KuCoin an extra level of credibility that may be translating into an increased market value for KuCoin Shares (KCS).

The main reason behind the sudden rise in value for the token, however, is more likely due to the reinstatement of the Referral Bonus Program. Allowing savvy consumers to invite their friends and reap solid rewards will no doubt help the growth of the exchange over the long run. The bonus will be effective for the next year, gifting twenty percent of the value on each referred order. An expected increase in the exchange’s user base will obviously increase the value of the exchange token, KuCoin Shares (KCS), which gives holders of the token a share in the companies revenues.

The series of developments coming out about KuCoin speaks volumes about the expected increase in participation across the market. And as we watch the little green candlesticks representing the value of cryptocurrencies grow over the coming day(s), it may be time to reach out from the comfort of our favorite exchanges and experiment with another we have yet to try. KuCoin and KuCoin Shares (KCS), with the reinstatement of their Referral Bonus Program, look ready to benefit from the influx of wealth the general market is experiencing.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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