As you might have been able to surmise from my past posts. I am a big proponent of passive income. And today I would like to talk a little about yet another way to earn a passive income. And that is on KuCoin.

What is KuCoin?

In case you are new to the crypto space, like me. If you tend to move in set circles you might have missed KuCoin. It is the largest trading platform for Altcoins. That means if they do not have it almost no one will. But you can not only trade there. You can more or less take care of all your crypto needs in the same place.

As an example, you can Stake and lend coins. But you can also do some Spot-, Margin- and P2P fiat trading as well. And there are a lot of other features that I will let you discover on your own. And to be honest, I have not even discovered and learned about all of them yet myself.

How does KuCoin help you earn Passive Income?

But how can a trading platform help you earn a Passive Income, is probably what you are asking yourself right now. Earning a Passive Income sounds like the opposite of trading. Earning while trading sounds a lot like earning with an Active Income. As the Passive in Passive Income is sort of the dominant word in the pair.

Here is where I was pleasantly surprised by KuCoin. They have plenty of opportunities for people like me to earn passively on the site. For starters, they have a referral program. And this lets you earn 40% of the trading fees. This means that if you can get some people that are active traders as your referrals you will have a steady stream trickling in. 

They also have an affiliate program. And if you and one of your referrals apply and get in. You will then get an additional 5% from your referrals, the person who became an affiliate with you, referrals. So you get to earn from a second level as well. So if you and your referral become affiliates you then get an extra 5% from their referrals on top of your normal 40% from your referrals. I hope I made that clear enough. =)

And if you have not yet opened an account over at KuCoin, please consider doing so with my referral link below, or use my referral code: rPD4DK7

https://www.kucoin.com

But what there is more

They also have both lending and staking opportunities. Instead of just sitting on your coin, you can stake them or lend them. And that way you can earn a little extra as well. But maybe you are like me. And is just getting started on your crypto journey. Then this next thing might be just what you were looking for. 

And that is by simply holding 6 KuCoin on the site. You can claim a daily reward. And what might that be I can hear you asking. The daily reward is made up of 50% of the entire trading fees from the previous day. So simply by holding 6 KuCoin, you will be able to claim your part of that for free. And that is as close to a truly passive income as you can get.

The nice thing is also that you do not have to lock your KuCoin. Like you have to do with most staking options. That means you are always free to withdraw and use the coins or swap them if the need should arise. So no more 72-hour waiting period because you had to unstake early. 

This in my opinion makes KuCoin stand out among its competitors. Ease of use and several ways where you get to earn by being part of the community.

I have also included links to the Affiliate program and info about what you get for Referrals. As well as some further info about Staking and Lending. And also the al important Daily Bonus for holding 6 KuCoins.

And if you would like to support me and the content I make, please consider following me, reading my other posts, or why not do both instead. You can find my other posts here and here. And do not forget to use my referral code: rPD4DK7 or referral link: https://www.kucoin.com if you consider joining the KuCoin community. And I really think it is something you should consider.

I have also just started a new series of weekly posts, that will go live every Friday. You can catch the fourth step here:

My Journey to Financial Freedom - Mining my own business

See you on the interwebs!

Picture provided by: KuCoin