ZoneBitcoin EditorialLike many crypto exchange platforms, Kucoin has its own launchpad. This is called the " Spotlight » on the platform. This is a space where you can invest in advance on new cryptocurrencies. In crypto language, this is called looking for “gems”. This can be translated by the word “nugget”.
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 cryptos have a market capitalization low and above all a very affordable purchase price. Now is the perfect time to invest before mainstream adoption 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 is also because of the numerous services available to them. Kucoin offers automated trading, loan services for passive income, etc. The platform is complete and has several tools for all profiles;
How to find the next crypto nugget on KuCoin
To be able to find the next crypto nugget, you will nevertheless have to do some research. Indeed, it is not because you invest in a new cryptocurrency that you will get rich. You also need to know how to select them and make fundamental analyzes 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 Spotlight project is currently open. The project Fracton Protocol intends to split the most valuable NFTs to make them available to small markets. Thus, the largest collections of NFTs such as Bored Ape Yacht Club can be split. The project NFT CryptoPunks were also split. The idea is original and could be a niche for the NFT market. Indeed, being able to obtain these NFTs which 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 lived in the 90s, then "tamagotchis" will bring back childhood memories. Tamagotchis were small electronic boxes in which virtual animals lived. The concept of tamagotchis was very simple: take care of these animals (feed them, wash them, take them out, etc.). It was all the rage at the time and today a basic project has just been released on the blockchain. It will also be a play to earn game on which players can earn money. For those most enthusiastic about the project, they say it will be the next Axie Infinity.
These are the Tamadoge project and the TAMA token. Here again, we will have to take care of our virtual pet. The first animals on Tamadoge will be shiba dogs which are reminiscent of dogecoin.
Spotlight on KuCoin: Invest in new projects easily.
Crypto launchpads are very interesting for smart investors who like to bet early. THE IEO that Spotlight offers are carefully selected. It's different from some launchpad who do not do selection work. Thus, the spotlight was a space where many investors were able to unearth gems when they were still in their infancy. We can cite DAO, KMA or even BLOK tokens with very significant ROIs.
If it is NFTs that interest you the most, know that Kucoin has launched its first NFT launchpad platform called Windvane. The idea is similar, allowing you to be able to invest in NFTs upstream.
Kucoin continues to develop to offer its users more and more options in order toinvest 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
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.
