As was announced by the Publish0x team, new changes to cryptocurrency payouts were announced today. Due to the fact that Ethereum transaction prices are very high, Publish0x had to make reasonable and decisive moves to optimise costs while still providing payouts to users. Almost 14 ETH was spent on commissions alone, so you understand how big a problem transaction fees are.
As of today, we know that Publish0x has partnered with the KuCoin exchange. Soon we will be able to withdraw AMPL and ETH tokens to this very exchange. The team estimates that this will become possible next week. What is important to remember. For the first two weeks after the withdrawals start working, we will receive from Publish0x a bonus of 10% of the withdrawn amount on KuCoin. So, for example, when withdrawing 0.1 ETH, Publish0x will add 0.01 ETH to us completely free of charge. People who want to take advantage of the promotion and have already ordered a withdrawal the old way can write to support to cancel the withdrawal in order to withdraw funds to KuCoin.
What will change?
- AMPL and ETH withdrawals to KuCoin will be paid out every Monday.
- The minimum withdrawal amount will only be half a dollar.
- Withdrawals of AMPL and ETH directly to our wallet will be possible. The minimum withdrawal value will change to $5. Withdrawals will be made once a month.
The KuCoin exchange was chosen for several main reasons. It is a widely known and trusted exchange, yet it does not need KYC verification if we do not exchange assets worth more than 5 BTC. On the platform there are also methods of earning on held assets, the so-called Staking. You can register for the KuCoin exchange here. I will be very pleased if you use my affiliate link.
What is your opinion about this change? I like it very much, every experience educates us.
