Comparison and Review: KuCoin (KCS) vs Bitcoin Cash (BCH)
KuCoin is an international cryptocurrency exchange known for its low trading fees and unique revenue sharing model. It currently supports the trading of 250 digital assets and aims to become one of the top 10 worldwide exchange platforms. With a growing user base and increasing number of cryptocurrencies offered, KuCoin is poised for growth in the markets.
- 50% of overall trading fee revenue shared with users holding KCS
- Relatively low trading fees
- Incentives for holding or trading KCS token
Team and Background
The KuCoin team is composed of core members with expertise in blockchain technology and internet industry. The CEO and founder, Michael Gam, has a background in technical expertise and internet industry. While there are some uncertainties about other team members' affiliations, the team is committed to providing safe and convenient digital asset transaction and exchange services.
Bitcoin Cash (BCH)
Bitcoin Cash is a hard fork of Bitcoin that aims to address on-chain capacity issues. It offers faster, cheaper transactions and a smoother user experience with its increased block size limit of 8MB. Bitcoin Cash is designed to bring back the essential qualities of money inherent in the original Bitcoin software.
- Increased block size limit from 1MB to 8MB
- Faster, cheaper transactions
- Solves the scaling issues of Bitcoin Core
Hashwar and Split
In November 2018, a hashwar resulted in a split between Bitcoin SV and Bitcoin ABC, further diversifying the Bitcoin Cash ecosystem.
While KuCoin aims to become one of the top exchanges in the world with its revenue-sharing model, Bitcoin Cash addresses the scaling issues of Bitcoin and offers faster transactions. Both KuCoin (KCS) and Bitcoin Cash (BCH) have unique features and potential for growth in the cryptocurrency markets.