Key Takeaways:
- KuCoin is a leading cryptocurrency exchange that offers several passive income earning products under its wealth management platform called KuCoin Earn
- The profitability of KuCoin Earn products can be boosted with Rate-Up Coupons, and KuCoin distributes these coupons to active users from time to time
- Rate-Up Coupons have limits, but they can be used to increase the interest rate on KuCoin Earn products significantly
- It is easy to get, claim, and activate Rate-Up Coupons on KuCoin Earn
We’ve all had our shares of disappointments in the cryptocurrency market. The 2022 bear market is one of the worst ones in history. Nevertheless, core crypto investors are finding ways to earn crypto as passive income and even increase their profits while transacting with digital assets.
Are you looking for ways to boost your passive income from cryptocurrencies? If your answer is yes, then you should consider KuCoin Earn. In a bid to introduce more investment opportunities in the crypto space, KuCoin provides access to Rate-Up Coupons to its users. In this article, we will discuss the key things you need to know about KuCoin Earn and its Rate-Up Coupons, as well as how you can use them to boost profitable investments.
An Overview of KuCoin
KuCoin is a leading cryptocurrency exchange with one of the most comprehensive digital asset buying and selling offerings in the sector. KuCoin was founded in 2013 but started trading operations in 2017. It is headquartered in Seychelles. KuCoin has grown rapidly over the years to earn a spot among the largest cryptocurrency exchanges in terms of features offered, supported coins, and trading volume.
Presently, KuCoin has over 20 million registered users spanning over 200 countries of the world. KuCoin has many distinct features that set it apart from other crypto exchanges.
Here is a list of some of KuCoin’s main attributes:
- KuCoin has easy verification and a Know Your Customer (KYC) process; users can trade using only their names and email addresses, which accord them privacy privileges and the ability to trade anonymously
- KuCoin does not report your trade to the Internal Revenue Service (IRS) or applicable tax offices in your country or region
- KuCoin runs a centralized cryptocurrency exchange that allows you to open up to five accounts – Main, Trading, Margin, Futures, and Financial account – which are domiciled in a centralized platform that is easy to navigate
- KuCoin is insured and thus capable of withstanding prolonged periods of negative market movements and large sudden outflows
- Its spot trade history gives a comprehensive breakdown of all trading activity with prices and fee specifications for each transaction; an added benefit of the spot trade history is that the CSV can be exported or imported to any software
- It is easy to buy and move tokens in and out of the KuCoin platform.
- A wide array of listed tokens for trading – unlike some crypto exchanges that house only a handful of digital coins, KuCoin lists more than 700 digital assets
- KuCoin offers lower trading fees compared to many other crypto exchanges
- Users can earn interest on KuCoin through staking and lending digital assets; earned interests can be used to build a more robust portfolio
- KuCoin Earn serves as a comprehensive wealth management platform with several products, promotions, and exciting Rate-Up Coupons
- KuCoin has advanced trading features such as trading bots and margin trading
- KuCoin offers excellent customer service
KuCoin Earn – A Crypto Wealth Management Platform
KuCoin Earn is a dedicated platform on KuCoin that offers wealth management products and services to users and enables them to generate passive income through a variety of options. On KuCoin Earn, subscribers are provided services that help them to level their risks in the bear market and during the market correction period. This is achieved through the use of additional investment service products such as savings, staking, promotions, and many more. With KuCoin Earn, users are able to earn more income with their digital assets working for them instead of just HODLing.
Advantages of Using KuCoin Earn
The major advantages of KuCoin Earn include the following:
- Double Earnings: On KuCoin Earn, users can earn through capital gains or from staking. Capital gains accrue profit to a user seamlessly when the price of the assets they are holding goes up in value. Interest from staking and POL mining is another way users can earn on KuCoin Earn.
- High Flexibility: The KuCoin Earn feature on KuCoin affords users a lot of freedom. Users can deposit and withdraw at will. Users can transfer their funds from KuCoin Earn to KuCoin wallets without stress, and the transfers are 100% free.
- Different Saving Products: Users can choose from the different products available such as Promotions, Polkadot, Exchange, and Eth 2.0. Promotions offer a higher interest rate of up to 50%. The products have either fixed or flexible trading options. Under flexible, users are allowed to withdraw their earnings at any time, while the fixed option allows that after a stipulated period of time.
- Multiple Staking Choices: KuCoin offers a variety of products to stake with. Users can stake ATOM, LUNA, LINK, KSM, ANC, MATIC, EOS, VSYS, WAN, and TRX, among others.
Products Used to Earn Income on KuCoin Earn
Users can earn income on KuCoin Earn using the following unique products:
- Savings: Users can deposit digital assets on KuCoin Earn and earn some amount of reward.
- Promotions: Promotions are known to give higher interest rates of up to 50%. It is a specialized service where users are allowed to subscribe to a product using a lesser amount and within a short period of time. Promotions are of two major categories; flexible and fixed. Users are only allowed to retrieve their funds at a pre-determined time in fixed promotions. Flexible promotions allow users to retrieve their funds whenever they feel like it.
- Staking: Users can lock up a portion of their assets for a period of time and earn staking rewards on the platform.
- Polkadot auctions: Users can also earn on KuCoin Earn by staking dot coins and claiming rewards alongside.
- Burning Drop: This is a feature on KuCoin Earn where users can search for coins to transfer and participate in the Pool-X page. The wild card allows users to participate in the pool and earn. Another way whereby users can earn on KuCoin Earn is by staking on Ethereum 2.0
The Benefits of KuCoin Rate-Up Coupons
Rate-up Coupons is an exclusive feature on KuCoin Earn which allows users to increase their interest rates on KuCoin Earn products, thereby helping them to increase profitability in earned passive income. Rate-up Coupons are crypto coupons that basically increase potential profits by allowing users to increase the interest rates on the products that they subscribe to.
With rate-up coupons, users earn additional interest on top of the interest a given product offers on KuCoin Earn. This makes it a win-win situation for users. For instance, if a USDT flexible promotion has an APR of 12% and a user uses a rate-up coupon of 45%, the user will end up earning a combined interest rate of 57%, which is sent to the user’s main account daily.
What You Should Know About the KuCoin Crypto Rate-Up Coupon
The uses and functions of the Rate-up Coupon are guided by 5 distinct parameters:
- Fixed Value Rate: The Rate-up Coupon increases the interest rate of a product based on the value specified on the coupon. This means every coupon does not have the same interest value.
- Expiry Date: The KuCoin crypto Rate-up coupon does not have an infinite validity period; its potency elapses after a period of time. Thus, it has a specified period of time that it can be used from the day it was issued.
- Maximum Interest rate: Each crypto Coupon has a specified rate-Up APR which acts as the highest amount of interest that a single crypto coupon can offer.
- Specified products that it can be used on: Each rate-up coupon has corresponding products that it can be used on. This implies that it cannot be used for every product.
- Limited Boost Period: Rate-up coupons can only boost products for a specified period of time.
Use of Rate-Up Coupon
The KuCoin platform automatically directs users on how to use their coupons after claiming them. Once the Crypto Coupon is earned, a notification comes in the form of a pop-up window that tells the customer which product(s) the coupon can be used on, and the customer can choose based on his preference(s). By clicking the Use Button, the user is directed to the subscription page where the coupon is used or applied.
How to Get Rate-Up Coupons on KuCoin
Rate-Up Coupons are distributed equitably by KuCoin, based on some criteria. There are basically two different ways to get the coupons:
1. General Rate-up Coupons issued periodically: KuCoin gives Rate-up Coupons to users from time to time. You don’t have to do anything special to earn the Coupon, but the more you use the services, the more you get coupons.
2. Use of Claim Codes: Users can obtain Crypto Rate-up Coupons by using claim codes to get them. The codes are distributed through KuCoin’s social media channels on Twitter and Telegram.
How to Redeem a Claim Code
If you get a Claim Code for Rate-Up Coupons accessing the coupon is really easy. Here are the steps to follow:
Step 1
Log in to your KuCoin Account.
Step 2
Navigate to the “KuCoin Earn” page.
Step 3
Click on the “Claim Bonus” button, and you will land on the “Bonus Center” page.
Step 4
Find the field marked “Enter your claim code” and proceed to enter the code.
Step 5
Click the “Claim” button beside the field, and you will get your new Rate-Up Coupon.
How to Level up Your Earn Income with Rate-Up Coupons
Rate-Up Coupons are made to help you increase the potential yield of your KuCoin Earn products. You can use them when subscribing to any of the Earn products. Ideally, the coupon with the highest interest rate increase rate is applied by default when you want to subscribe to any product. However, you can decide to use another coupon.
Remember that some coupons are applicable to one product while some are applicable to multiple products. When a coupon is applicable to one product, you must use it for the product. If, on the other hand, it is applicable to different products, you can choose the product of your choice.
On the KuCoin App or Web browser, users are just a few clicks away from leveling their potential passive income using Rate-up Coupons. To do this, follow the steps below:
Step 1
Log in to your KuCoin Account.
Step 2
Navigate to the “KuCoin Earn” page.
Step 3
Click on the “Claim Bonus” button, and you will land on the “Bonus Center” page.
From the Bonus Center Page, you can activate an unused coupon and use it to subscribe to a product. Here, you can also claim a coupon with your claim code.
From the bonus center, it is easy to find what you want and subscribe to any product of your choice. Remember that you have several options – endeavor to explore and take full advantage of your coupons, Earn products, and other available perks.
Closing Thoughts
A lot of opportunities abound in the Crypto market. It is all about discovering and making use of these opportunities. KuCoin Earn and Rate-up Coupons are some of the beautiful innovations on the KuCoin Platform, where people can identify with and earn passive income easily and round the clock.
While KuCoin Earn provides users with means of making more money using features and products such as savings, lending, staking, promotions, and many more. KuCoin Rate-up Coupons help them to boost their potential earnings. With these features, you can earn and earn even more. It is all shades of profitability with KuCoin Earn and the Rate-Up Coupons.