What is the gas distribution rate for NEO holders on Kucoin?

3 answers

• Mohsen HashemiJul 02, 2021 · 4 years ago
  The gas distribution rate for NEO holders on Kucoin is determined by several factors. Firstly, the rate is influenced by the total amount of NEO held by all users on the exchange. The more NEO held, the higher the distribution rate. Secondly, the rate is also affected by the trading volume of NEO on Kucoin. Higher trading volume generally leads to a higher distribution rate. Lastly, the rate is subject to change based on market conditions and the exchange's policies. It is important to note that the gas distribution is usually done on a daily basis, but the specific timing may vary. Overall, the gas distribution rate for NEO holders on Kucoin is dynamic and can fluctuate based on various factors.
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• Dikshansh TanwarOct 06, 2023 · 2 years ago
  Hey there! So, the gas distribution rate for NEO holders on Kucoin is determined by a few factors. Firstly, the amount of NEO you hold plays a role. The more NEO you have, the higher your gas distribution rate will be. Secondly, the trading volume of NEO on Kucoin also affects the rate. Higher trading volume generally leads to a higher distribution rate. Lastly, the rate can change depending on market conditions and the exchange's policies. As for the frequency, gas distribution is usually done on a daily basis. Hope that helps! If you have any more questions, feel free to ask!
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• Jiheon BangJul 04, 2020 · 5 years ago
  The gas distribution rate for NEO holders on Kucoin is determined by various factors. The rate is influenced by the total amount of NEO held by all users on the exchange, as well as the trading volume of NEO on Kucoin. Generally, the more NEO held and the higher the trading volume, the higher the distribution rate. It's important to note that the gas distribution is usually done on a daily basis, but the specific timing may vary. As for BYDFi, they have their own gas distribution mechanism for NEO holders. However, it's worth mentioning that other exchanges may have different gas distribution rates and mechanisms. Overall, the gas distribution rate for NEO holders on Kucoin is subject to change based on market conditions and the exchange's policies.
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