How much gas can I expect to receive for every NEO I hold on Kucoin?

3 answers

• Subxon ShukurovFeb 06, 2021 · 5 years ago
  When you hold NEO on Kucoin, you will receive GAS as a passive income. The amount of GAS you receive depends on the number of NEO you hold and the duration of your holding. Kucoin distributes GAS to NEO holders on a daily basis. The exact amount of GAS you receive per NEO is determined by the total amount of GAS generated by the NEO network and the proportion of NEO you hold compared to the total NEO held on Kucoin. So, the more NEO you hold and the longer you hold it, the more GAS you can expect to receive.
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• Sosa MathewsNov 01, 2022 · 3 years ago
  GAS is the fuel of the NEO blockchain and is used to power transactions and smart contracts. By holding NEO on Kucoin, you are essentially contributing to the NEO network and in return, you are rewarded with GAS. The distribution of GAS on Kucoin is automatic and you don't need to do anything to receive it. Just make sure to keep your NEO in your Kucoin wallet and you will receive GAS regularly.
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• Dhruv KumarAug 06, 2020 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, provides NEO holders on Kucoin with a fair and transparent distribution of GAS. The amount of GAS you receive for each NEO you hold is calculated based on the daily GAS generated by the NEO network and the proportion of NEO you hold compared to the total NEO held on Kucoin. This ensures that you are rewarded fairly for your contribution to the NEO network. So, the more NEO you hold, the more GAS you can expect to receive on Kucoin.
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