KuCoin Finance Tutorial
KuCoin is a cryptocurrency exchange where people can buy and sell crypto.
It also packs some features such as Trading Bots, Lending, Staking, Flexible Saving... And even their own currency which is KCS (KuCoin Token).
Like on other exchanges users can trade between different crypto pairs. But also get trading discounts if they hold KuCoin Token. But this video doesn't try to cover their trading features.
Instead, it's made to help you invest in their finance products, especially lending.
KuCoin's finance provides many options to earn passive income over your crypto!
Users who hold their KCS coin will get a bonus! depending on the transactions made on the site that day (like yield farming).
The site has one of the best interest rates for USDT lending when compared with other exchanges. Using their auto lend feature allows for a completely hands-off approach to investing.
Pool X Earn is where you can subscribe to flexible savings or staking to get rewarded on a particular coin. There are also promotions which can be either saving or staking but they have a time and quantity limit.