Put your KCS bonus to work for you and accumulate with the power of compounding, diversification and auto balancing.

Remember the old KCS Bonus system?

In this tutorial we’re going to build a system that will let us choose the coins and percentages our daily bonus will accumulate. We’ll also benefit from auto balancing and dust sweeping.

Auto-balancing is a trading strategy where you can grow your holding currencies automatically as you buy low and sell high.

Step 1: Shrimpy account setup

The first step is to setup a Shrimpy.io account. If you don’t have one go ahead and set one up now.

Once you’ve done this follow the Official Shrimpy Tutorial to setup your API keys and allocations. Don’t activate your portfolio until reading step 2.

Any coins you don’t include in your portfolio will be converted to coins in your portfolio, this includes any coin dust that meets the minimum trade rules.

Step2: Portfolio Allocations Blacklist — Hodl your existing KCS

This is important if you want to keep a set amount of KCS and only trade your extra daily dividends.

Go to the Wallet section on Shrimpy and select blacklist.

Shirmpy Blacklist

Enter KCS in the asset box and set the amount of KCS you want to keep regardless of your allocations.

Step 3: Check your allocations and Activate your portfolio

The goal here is to split up your daily payout into coins you want to auto-balance. I keep 50% of my daily bonus and allow the rest to be traded so I’m still benefiting from the compounding effect of KCS.

The Social tab is a good place to check out successful traders and their allocations.

If you’d like to see my current allocations or follow me on Shrimpy you can do this by selecting the Social tab and viewing my leader profile ‘DIVIDENDS’.

Once you’ve checked your allocations are set as you want you can go to the portfolio tab and activate your portfolio.

Further reading on how best to set allocations:

https://help.shrimpy.io/backtests/rebalance-vs-hodl

KuCoin Shrimpy parnership announcemenet:

https://news.kucoin.com/en/kucoin-partners-with-shrimpy-to-simplify-portfolio-management/

This is not investment advice this tutorial is for information purposes only.