Founded in June 2012 by Brian Armstrong and Fred Ehrsam, Coinbase is a secure and reliable online platform which allows users to buy, sell, transfer and store digital currencies. It was created to be the foremost brand through which people can convert digital currencies into and from their local currencies while creating an open global financial system.
By January 2015, it launched the Coinbase Exchange – a professional Bitcoin traders exchange based in the US after receiving a $75 million investment from Draper Fisher Jurvetson, the NYSE, and several banks. Eventually, it began offering services in Canada and the UK. In May 2016, Coinbase rebranded its exchange changing the name from Coinbase Exchange to Global Digital Asset Exchange (GDAX) and started trading Ether on its professional trading platform. From thereon, Coinbase added other digital currencies to its trading platform.
Kucoin gives 50% of their profits based on the amount of Kucoin shares they hold.
This leaves a total of 40% for the program and the remaining 10% for the platform [KuCoin] for their maintenance and profit.
They have a variable set of commissions that will depend entirely on the kind of results they are able to get.
This is one of those networks that is worth checking out and we will be seeing a huge increase in the value of using exchange sites for the purpose of upgrading the value of the currencies that we acquire.
The more that cryptocurrency turns into a viable currency, the more and more this is going to become an excellent thing to see.