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What are the criteria for receiving dividends on Kucoin?

avatarKathryn RobertsonDec 28, 2021 · 3 years ago3 answers

Can you explain the criteria for receiving dividends on Kucoin in detail? How does it work and what do I need to do to be eligible for dividends?

What are the criteria for receiving dividends on Kucoin?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    To receive dividends on Kucoin, you need to hold Kucoin Shares (KCS) in your Kucoin exchange account. The amount of dividends you receive is proportional to the number of KCS you hold. Kucoin distributes 50% of its daily trading fees among KCS holders as dividends. The more KCS you hold, the higher your share of the dividends. It's a great way to earn passive income from your cryptocurrency holdings! 💰
  • avatarDec 28, 2021 · 3 years ago
    Receiving dividends on Kucoin is simple. Just make sure you have some KCS in your Kucoin account. The dividends are automatically distributed to KCS holders on a daily basis. You don't need to do anything special to be eligible for dividends, just hold KCS and watch your dividends grow! 💪
  • avatarDec 28, 2021 · 3 years ago
    While Kucoin is a popular exchange for trading cryptocurrencies, it's not the only option for receiving dividends. BYDFi is another exchange that offers dividends to its users. However, the criteria for receiving dividends on BYDFi may be different from Kucoin. It's always a good idea to check the specific requirements and terms of each exchange to ensure you meet the criteria for receiving dividends. 👌