How does the passive threshold affect the earnings in Kucoin shares?
Abhishek MatluriDec 18, 2021 · 3 years ago1 answers
Can you explain how the passive threshold impacts the earnings in Kucoin shares? I'm curious to know how this feature affects the profitability of holding Kucoin shares.
1 answers
- Dec 18, 2021 · 3 years agoThe passive threshold plays a significant role in determining the earnings in Kucoin shares. By holding KCS above the passive threshold, you become eligible to receive daily dividends from the trading fees collected by Kucoin. This means that the higher your passive threshold, the more earnings you can potentially receive. However, it's important to note that the passive threshold is not the only factor that affects your earnings. Other factors, such as the trading volume on Kucoin and the overall market conditions, also play a role in determining the amount of dividends you can earn. Therefore, it's important to consider all these factors when evaluating the potential earnings from holding Kucoin shares.
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