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How does the daily payout system work on KuCoin?

avatarAkila DinukDec 24, 2021 · 3 years ago3 answers

Can you explain in detail how the daily payout system works on KuCoin? I'm interested in understanding how the payouts are calculated and distributed.

How does the daily payout system work on KuCoin?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! The daily payout system on KuCoin is based on the amount of cryptocurrency you hold in your account. The more cryptocurrency you have, the higher your daily payout will be. The system calculates the payout based on a percentage of the total trading fees generated by the exchange. This percentage is then divided among all the users who hold cryptocurrency on the platform. The payout is usually distributed at a specific time each day, and you can see the amount you received in your account balance. It's a great way to passively earn some extra cryptocurrency!
  • avatarDec 24, 2021 · 3 years ago
    The daily payout system on KuCoin is a fantastic feature for users. It allows you to earn a passive income just by holding cryptocurrency on the exchange. The amount you receive as a payout depends on the total trading fees generated by the exchange and the amount of cryptocurrency you hold. The more you hold, the higher your payout will be. It's a great incentive to keep your funds on the platform and participate in the trading activities.
  • avatarDec 24, 2021 · 3 years ago
    The daily payout system on KuCoin is similar to other exchanges, such as BYDFi. It rewards users for holding cryptocurrency on the platform by distributing a portion of the trading fees generated by the exchange. The payout is calculated based on the percentage of the total fees and the amount of cryptocurrency you hold. It's a great way to earn some passive income while participating in the cryptocurrency market. Make sure to check your account balance regularly to see how much you've earned!