Previously, KuCoin offered a referral program scheme that was comparable to that of most other cryptocurrency exchange. Users would recommend their friends and relatives and receive a tiny portion of the revenue collected. KuCoin additionally offers an assortment of exchanging matches, including those given BTC and on KuCoin (KCS), the local coin of the KuCoin chain and trade, as well as altcoin matches.
However, the crypto exchange changed the way its referral scheme worked. Users may still invite their friends and family, but they are rewarded with stars for doing so. These stars can then be redeemed for a variety of prizes and rewards.
Referring someone to the exchange earns you stars. The first stars are awarded when the referral joins the exchange. Following then, extra stars are awarded for each important activity accomplished by the referrer. For example, once the reference is made, the invitee receives a large number of stars. The prizes are delivered in the form of either USDT or randomized coins. The prizes rise in value according to the number of stars acquired by the user and can reach 1000 USDT.
Affiliate Program for KuCoin
KuCoin also offers a more typical affiliate program via which members may suggest others and earn rewards based on their trading volume.
However, the affiliate program is only available to those who can demonstrate a significant following. If a user has a platform that may be used to introduce new KuCoin users, they can register to be an affiliate.
Affiliates can earn up to 40% of such trading fees as rewards. They can also earn a tiny part of their referral’s commission through second-level commissions.
Other Ways to Earn KuCoin Rewards
KuCoin users may earn rewards in a variety of ways on the exchange. The most popular is fortunate raffling, in which It is possible to win large profits by wagering a little quantity of cryptocurrency. Some of the prizes in the fortunate raffles are in cryptocurrency, while others are actual objects such as technology.
Users may compete in trading tournaments on crypto futures in addition to raffling bitcoin. This is referred to as the Futures Brawl. However, keep in mind that this is one of the regions where competent traders prefer to reside. As a result, inexperienced traders should avoid Futures Brawl. click here the website you can find out the lots of information blastace Read more about topportal
Trading Platform for KuCoin
Let’s start with a look so at the KuCoin trading system. There are all of the key features that consumers would anticipate. A basic spot trading platform is available for inexperienced traders to utilize. Users can also choose to leverage their transactions to boost their earnings
The quantity of alternatives for purchasing crypto with fiat cash is one area where KuCoin falls behind its larger competitors. All of the typical choices are available, including the opportunity to buy cryptocurrency via a bank transfer or a credit card.
Conclusion
While KuCoin has gradually introduced all of the primary functionality presented on larger exchanges, its timeliness has lagged. The majority of the Defi has occurred significantly later on KuCoin than with other major crypto platforms.