Five-tastic: Another Round of 0 Fee Rate!
After an auspicious round of four tokens, KuCoin users finally get another chance to trade a different set of tokens on Free Monday Round Five. I have received a lot of good feedback about this activity, and honestly, your opinions and suggestions have kept me going on writing my personal review. This series will briefly give spotlight to different underrated tokens. You can browse my profile for more articles about the said activity.
I had a great time trading some of my favorite tokens from the past rounds, and I am looking forward to having this activity until the end of the year. I personally think that it is not impossible for KuCoin to make this activity permanent on their platform. Afterall, they are always pro-people!
KuCoin Free Monday is a good opportunity for users who want to explore more tokens in the blockchain. However, remember to do extensive research before investing in a specific token or an activity.
With that, allow me to slightly feed the curiosity in your mind by discussing the things you should know about KuCoin Free Monday.
What is KuCoin Free Monday?
KuCoin Free Monday is an activity intended to give 0 trading fee for KuCoin’s featured tokens per week. Luckily, Based on my observation, the tokens being included are relatively diverse and underrated. To mention a few, they already gave spotlights to ALICE, KEEP and CTSI. KuCoin was able to include some of my small tokens, and I must really say that I am benefiting from it.
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 for KuCoin Free Monday Round Five?
- Alien Worlds (TLM)
First, don’t get intimidated by its name and definition. This network is a fun decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources. What does it mean?
It is simply a gaming network that allows its players to earn monetary rewards through gaming. The name of their native token is called “TLM,” which happens to be a booster of rewards within the network. Not just like your usual metaverse, Alien Worlds has given the players the capability to stake TLM to Planet DAOs, allowing them to receive more daily TLM rewards.
If you are interested in knowing the network, you can lay your hands on their token through trading them on KuCoin Free Monday Round Five!
2. DeXe (DEXE)
Second on the list is the token I wished I had known earlier. I must say that the information given on their whitepaper and website is not enough to comprehensively discuss their use cases. However, upon reading the details provided by the team, I was able to research some facts about the network and its token. DeXe. was known as an open and permissionless system. It is an ecosystem of various tools and platforms coming together as the go-to one-stop-shop for DeFi trading. One important thing that caught my attention is the network’s mission to connect successful traders and followers in a transparent and achievable way.
Furthermore, DeXe tries to eliminate the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party.
It is not required to have DEXE, the native token of DeXe, if you want to join their community. However, the token gives different benefits to its holders, such as farming rewards and burning of tokens for a % of traders’ rewards.
It is a challenging network indeed, but gives a good opportunity for traders who want to explore cryptocurrency.
3. Hedera Hashgraph (HBAR)
I have already featured this token here on my blog. Hedera Hashgraph is one of the crowd’s favorites including mine. It presented a whole lot of new flavour in the crypto industry. Not your usual conventional blockchain, Hedera Hashgraph was built with its very own novel type of ledger technology. This technology improves the scalability, cost and speed of the network.
It basically solves the slow performance and instability within the blockchain-based platforms. I haven’t had any issue when it comes to the efficiency of their system.
The most important thing I’ve noted is its native token. Upon researching, $HBAR’s main role is to fuel the Hedera services including file storage and the transactions within the network. There is also a token service that allows users to easily configure and mint both fungible and non-fungible tokens. Users can literally do this without any sweat, which I personally see as a more convenient option.
To finally wrap things about this network, I can say that Hedera Hashgrap fulfills its purpose of being the trust layer of the internet, allowing users like me to create more powerful decentralized applications.
4. Elrond (EGLD)
Last but definitely will make a remark, Elrond. I haven’t heard anything about Elrond since I started my crypto journey, not until today.
I must admit that this is one of the most promising networks I have ever read. Ultimately, it is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The goal is to create a decentralized network that can provide the same or better performance when compared with centralized networks, while also providing users with greater privacy.
According to their economic paper, the team describes the network as a blockchain platform for the new internet economy, decentralized applications and enterprise use. This is a big leap to the gap on the internet.
It is totally secured because of its secure proof-of-stake consensus. And among all the tokens included on this round, Elrond is the most specific and detailed blockchain. Also, it is important to have EGLD if you are interested in this network. The EGLD token will run the whole ecosystem of Elrond.
KuCoin Free Monday Round Five might be the perfect time to familiarize yourself with these amazing tokens. Again, KuCoin Free Monday is a 0 fee rate activity that features a different set of tokens weekly.
Thank you for reading, and please stay tuned for the next update.