How to find new nuggets on the Kucoin Spotlight?

Like many crypto exchanges, KuCoin has its own launchpad. It's called the " Spotlight " on the platform. This is a space where you can invest in new cryptocurrencies before they are released. In crypto jargon, this is called searching for "gems."

So, finding a nugget means finding a brand new cryptocurrency or an undervalued token with greater earning potential. It's as if you had invested in Ethereum in 2017 when it was only worth a few dollars for example.

For those who like to invest early in projects to expect greater returns on their investments, then Launchpad Spotlight can be a very good option.

Indeed, these new cryptocurrencies have a low market capitalization and, above all, a very affordable purchase price. This is the ideal time to invest before widespread adoption, which typically drives prices up.

Presentation of the Kucoin platform

Kucoin is one of the most popular and widely used crypto trading sites. It is often called the “People’s Exchange”. In fact, it is one of the oldest crypto exchanges. It offers over 700 crypto assets and over 1200 trading pairs with comprehensive services for all types of investors.

The platform is functional and easy to use. The trading fees being the lowest on the market make Kucoin a reliable platform on which you can easily buy, sell and exchange cryptos.

You can deposit and withdraw your funds by SEPA bank transfer for EU citizens and you can also buy cyptos by bank card.

If the platform appeals to crypto investors, it's also because of the numerous services it offers. KuCoin provides automated trading , lending services for passive income, and more. The platform is comprehensive and has several tools for all types of users.

How to find the next crypto nugget on KuCoin

To find the next crypto gem, you'll need to do some research. Investing in a new cryptocurrency doesn't automatically make you rich. You also need to know how to select them and conduct fundamental analysis , for example.

To increase your chances of finding the next gem, here are some tips:

• Register on the Kucoin platform. You will then receive emails for the launches of the next new cryptocurrencies which will be listed. This is how you will be kept informed (before everyone else) of new cryptocurrencies. The sooner you come to a listed token, the more likely you are to receive allocations.
• Participate in the token sale on the Spotlight.

How to actually register on Spotlight?

Registering with Spotlight is very simple. Here are the steps to follow:

• Register on the Kucoin platform with your email. Enter your password and log in.
• Now you need to click on the menu bar and click on “Earn —> then on “ Spotlight"
• Now you can choose the token you are interested in.
• It will be necessary to fulfill the pre-criteria for certain projects.

In general but it may depend on the projects, to participate in projects on Spotlight, you will have to:

• Finalize advanced verification with KYC (Know Your Customer). In this case, you will simply need to send your identity card photo and a photo of yourself.
• Accept the conditions and rules of participation. You will see the detailed and official announcement of the token sale on Spotlight.
• Some times and depending on the projects, you will be asked to own KSC token, the platform token.
• That’s it! Congratulations! You can now participate in the Spotlight by clicking “Participate Now”.

New cryptos listed on Kucoin in July and August 2022:

There are many new tokens being offered on the Kucoin Spotlight. You then have the regular opportunity to invest early in new projects.

For example, for this summer, here are the new projects launched on Spotlight.

Fraction Protocol: Fractional NFTs

The project currently listed on Spotlight is Fracton Protocol . This project aims to fractionalize the most valuable NFTs, making them accessible to those with smaller budgets. Larger NFT collections, such as the Bored Ape Yacht Club, can be fractionalized. The CryptoPunks NFT project has also been fractionalized. The idea is original and could create a niche within the NFT market. Indeed, acquiring NFTs that cost thousands of euros is now possible with Fracton Protocol.

Battle Infinity (IBAT): A new game by Fantasy Sports

Battle Infinity and the IBAT token is a Fantasy Sport type play to earn game. Battle infinity has great ambitions in terms of graphics and gameplay. The game is indeed developed by an experienced team. Thus, it will be available on PC, Mac and also in a mobile version. The game is scheduled to launch in early 2023.

Lucky Block (LBLOCK): A lottery on the blockchain

Lucky Block in its first version has already brought together more than 60 players who have been attracted by this innovative lottery system. The rewards are indeed substantial with Lamborghinis to be won, houses worth more than a million dollars, etc. When the game officially launches, players will be able to participate in premium lotteries. To do this, you will need to have the LBLOKC token which will be sold on the Spotlight.

Tamadoge (TAMA): Tamagotchis on web3

If you were around in the 90s, then "Tamagotchis" will bring back childhood memories. Tamagotchis were small electronic devices that housed virtual pets. The concept was very simple: take care of these pets (feed them, bathe them, walk them, etc.). It was a huge hit at the time, and now a basic project has just been released on the blockchain. It will also be a play-to-earn game where players can win money. Those most enthusiastic about the project say it will be the next Axie Infinity.

This involves the Tamadoge project and the TAMA token. Here again, you'll have to take care of your virtual pet. The first pets on Tamadoge will be Shiba Inu dogs, reminiscent of Dogecoin.

Spotlight on KuCoin: Invest in new projects easily.

Crypto launchpads are very attractive for savvy investors who like to invest early. The IEOs offered by Spotlight are carefully selected. This differs from some launchpads that don't do any selection work. Spotlight has been a platform where many investors have discovered hidden gems in their early stages. Examples include tokens like DAO, KMA, and BLOK, which have yielded very high ROIs.

If NFTs are what interest you most, you should know that Kucoin has launched its first NFT launchpad platform called Windvane. The idea is similar, allowing you to invest in NFTs upfront.

Kucoin continues to grow, offering its users ever more options for investing in cryptocurrencies.

Don’t hesitate to browse the new gems on Spotlight! Very regularly, the catalog is updated with new projects presented!

#kucoin #kucoinexchange #ksctoken

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Note: No financial advice is given in this or any other article on this blog. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.