Hi everyone, how are you all Hope you doing well and are good. I am here with an another article. This time its about an Crypto Exchange's new Earning mechanism. It is Called "Trade Driven Mining" From now on I will refer this as TDM in this whole post. Many exchanges deployed this feature in their platform to gain popularity and volume. But the Exchange here I am talking about is most trusted and reliable one.
First let's talk about exchange. CoinEx is the subsidiary venture of World's major mining pool, ViaBTC, Founded in december 2017 with its headquarters in HongKong. CoinEx offers Crypto-to-Crypto trading with wide range of coins/tokens to trade with low fees. This exchange is more focused on BITCOIN CASH than Bitcoin Core.
Recently they launched their own Token called CoinEx Token (CET) in their exchange. As the official value added token of Exchange, CET Holders have exclusive services rights and special benefits.
Now Talking about the title of this post. CoinEx recently launched its new way to benefit their users and the exchange itself with "TDM". From July 1st 2018 they adopted a Trade Driven mining feature to release 3.6 Billion CET for free distribution to CoinEx traders. They will calculate 100% of their transaction fees income into CET tokens according to its real time value and distribute to all traders as per their trade volume. In simple words traders who trade on their platform will get free CET tokens accordingly their trading volume. This is called Trade Driven Mining.
Now tobe eligible for this there are some conditions. 1st is traders/users must be KYC (ID) verified. 2nd is transactions that use CET as Fees (GAS) are excluded from TDM. 3rd is duration for this is estimated 180 days in total with an estimated daily yield of 20 million CETs. Payouts calculation and distribution at the specific time against the real time price of CET.
Now the other thing is Dividend feature. Anyone can earn Dividend by holding CETs in their exchange account. Trading is not mandatory for this. You have to just HODL CET tokens. During TDM period from July 1st 2018, CoinEx will allocate 80% of their daily trans fee income (Including all coins) to all CET holders. A user must hold minimum of 100 CET in their account to be eligible for dividend earning. Remember as A CET holder, dividends will be paid out as variety of coins like BTC, BCH, CET and USDT. These Dividends will be counted on hourly basis. Duration of this campaign will be from 1st July to end of TDM program. As per latest announcement from CoinEx, users will get Dividends for long time with some changes in policy after the TDM period.
As per my knowledge and experience this deal will be the Golden one for traders and long time hodlers in this bearish market trend. Day by day the popularity of this exchange is increasing. Current price of 1 CET is near about 0.08 USD and will Boom 🚀🚀 soon. Volume of all coins increasing heavily in Exchange seconds by seconds. So guys if you are a trader or Hodler go grab this opportunity. Be part of this great Exchange now!
For who don't have an account at CoinEx join from my Link . It will cost you nothing but help me a lot :)
Official Links of Best Indian Exchanges
KOINEX | WAZIRX | BITBNS | KOINOK
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