KuCoin is a significant cryptocurrency exchange that allows users to buy, sell, and trade digital assets. The platform also enables margin, futures, and peer-to-peer (P2P) trading and conventional trading choices. Users can also earn incentives by staking or lending their cryptocurrency.
Referral program:
KuCoin previously featured a referral program identical to that of most other cryptocurrency exchanges. Users would recommend friends and relatives and receive a tiny percentage of their earned revenue.
On the
other hand, the exchange redesigned its referral program to work differently. Users can still invite friends and family, but they will now be rewarded with stars. These stars can then be exchanged for a variety of prizes and incentives. Referring someone to the exchange earns you stars. When the referral joins the exchange, the first stars are awarded. Then, extra stars are awarded for each significant activity completed by the referral.
Kucoin affiliated program:
KuCoin also offers a standard affiliate network, in which users can suggest others and earn commissions according to their trading bot.
On the other hand, the affiliate program is only open to those who can demonstrate that they have a large following. A user can apply to be an affiliate if they have a platform that can be used to introduce new users to KuCoin.
Affiliates can earn up to 40% of the trading fees as commissions. They can also earn a tiny part of their referral’s commission through second-level commissions.
Other ways to earn reword on kucoin:
KuCoin users can earn rewards in a variety of ways on the exchange. The most popular is lucky raffling, which allows you to win large sums of money by wagering a small cryptocurrency.
Some of the prizes in the lucky raffles are cryptocurrency, while others are natural objects like gadgets.
Users can compete in trading tournaments on crypto futures and raffling crypto exchange. Futures Brawl is the name of the game. It’s crucial to note that this is one of those fields where very competent merchants are standard. As a result, new traders should usually avoid Futures Brawl.
Trading Platform KuCoin:
Let’s start by looking at the KuCoin exchange platform. There are all of the major features that users would expect. A simple spot trading platform is available for inexperienced traders. Users can also leverage their trades to boost their profits (and losses if the trades move in the other direction).
The quantity of alternatives for purchasing crypto with fiat currency is one area where KuCoin lags behind its larger competitors. All of the usual alternatives are available, including the opportunity to buy cryptocurrency via a bank transfer or a credit card.
Conclusion:
KuCoin was launched at the same time as Binance in 2017. The exchange, however, had a poor start and struggled to recruit users for the first few years.
KuCoin has grown from strength to strength since then. This is primarily due to two factors. The first is that KuCoin has attempted to entice new users to join by providing significant referral bonuses and free tournaments. The second is the exchange’s growth to offer a variety of defi functions.
