Catch These Four Tokens Once Again in KuCoin Free Monday Round 6!
Another week is up!
The surprises are not done yet, as the ‘People’s Exchange’ released another week of 0 fee rate for four (4) specific tokens. KuCoin Free Monday gives another shot for users to grab tokens that have been included in the previous rounds. BAL, BAND, KEEP and FLOW are once again available at the round 6 of KuCoin’s latest addictive activity — the KuCoin Free Monday.
I had a great time joining the first five weeks of Free Monday, and I know that you also fastened your seatbelt with KuCoin. Big kudos to my readers who joined me in a ride full of new tokens and opportunities. This article series will briefly give spotlight to these underrated tokens, so if you haven’t read my previous blogs about this activity, you might want to check out here.
For newbies here, what is KuCoin Free Monday?
This activity gives 0 fee rate in specific tokens being featured each week. The tokens being included are relatively diverse, and some of them are undoubtedly crowd’s favorites. There are two activities under this: Free Trade, Free Rate and Deposit Now and Enjoy 10 USDT Rebate, wherein users will be able to enjoy 0 trading fee when they trade specific tokens under KuCoin products such as Spot, Futures and Trading bot.
What are the tokens available again on KuCoin Free Monday Round 6?
- Flow (FLOW)
First on the list, I consider this as a fast, decentralized, and a developer-friendly blockchain network. Among all the tokens included in Free Monday Round 6, Flow has the simplest yet applaudable roadmap for me.
There have been a lot of famous brands that built partnerships with Flow. To name a few, NBA and UFC are on the list. Flow is continuously making its legacy on a more inclusive and borderless digital economy. I got curious so I tried purchasing some, but I might consider trading more especially now that it is available to be traded with 0 fee on Free Monday.
Also, FLOW is designed as a payment method and used by validators, developers to participate in the FLOW network and earn rewards. Definitely, Free Monday is a great opportunity to take advantage when you are interested in knowing FLOW better.
2. Balancer (BAL)
The name of this network says a lot about its purpose. I personally find BAL as the glim of hope in the cryptocurrency industry. It was developed in 2020 on the Ethereum Blockchain and purposely created as an automated market maker. To put in simple terms, Balancer enables anyone to create pools of tokens.
If there is one unique thing that caught my attention, that would be its capability to allow liquidity providers to have up to eight assets per market which are weighted by percentage and rebalanced automatically.
If you are an interested trader, users earn profits through its native token called $BAL.
3. Band Protocol (BAND)
Moving forward, among all the tokens on this batch, BAND could be the most complex project for the newcomers. It is a token used as a collateral by validators involved in fulfilling data requests.
It also stands as the main medium of exchange on BandChain, specifically being used to pay for private data. With that, what makes Brand Protocol more interesting from the others?
According to their whitepaper, Band Protocol is designed to offer permissionless oracle creation, allowing anybody to start servicing data requests. Not only that, after checking several reviews, Band Protocol is indeed designed to be faster and more efficient than competing oracle solutions. The positive feedback made me more curious about their network, now I wonder what would be the following steps of this network after getting included on Free Monday.
4. Keep Network (KEEP)
I am once again writing for my most favorite token that has been featured in KuCoin Free Monday. Keep is an incentivized network for storing and encrypting private data. The name of this network explains its purpose, mainly keeping the private data of its users. Keep Network holds a very important role in the life of a crypto investor — it solves the problem with holding back blockchain adoption: that data on public blockchains are public and it is prone to data theft.
Interested users can take advantage of the KuCoin Free Monday and have KEEP in their own wallets.
What caught my attention is its off-chain containers for private data or commonly known as “keeps”. The keeps make sure that the smart contracts are being given properly with deep interactivity and private data without compromising the transparency or auditability of the file.
I have already posted these reviews on my previous articles, but I compiled them for my readers. I hope you are enjoying Free Monday as much as I am, Stay tuned for more reviews!