How to Make 10 Dollars a Day on CoinEx Exchange: 5 Ways to Earn $10/Day
Summary
TLDRIn this video, viewers are introduced to multiple ways of earning over $10 a day on Coin X, a cryptocurrency platform. Methods include using a low-risk Auto Invest bot, which makes passive profits from Bitcoin investments, as well as spot trading and leverage trading, which offer higher rewards but with greater risk. The video also highlights a free affiliate program where users can earn passive income by referring others to Coin X. With detailed tutorials for each method, this guide aims to help users earn money with varying levels of risk and effort.
Takeaways
- 😀 You can make over $10 a day on CoinX using various methods, including automated bots and high-risk strategies like Futures Trading.
- 😀 One of the safest methods to make money on CoinX is through the Auto Invest bot, which generates profits automatically by purchasing Bitcoin regularly.
- 😀 The Auto Invest bot can be set to daily, weekly, or hourly intervals, with a minimum investment of just 1 USDT.
- 😀 Bitcoin is a powerful asset to invest in because it typically increases in value over time, unlike the US Dollar, which loses value.
- 😀 Spot trading is another fast way to increase Bitcoin holdings, with the potential to make profits by buying and selling at favorable prices.
- 😀 CoinX offers a financial program where you can earn compound interest on your BTC holdings, enhancing profits alongside price increases.
- 😀 Leverage trading (Futures) can yield large profits quickly, but it carries a high risk of losing your entire position if the market moves unfavorably.
- 😀 Margin trading and borrowing options on CoinX provide additional ways to increase profits, but come with the danger of liquidation if prices drop below certain levels.
- 😀 The CoinX affiliate program allows you to earn money for referring others, with potential monthly rewards up to $1,200 based on performance.
- 😀 To succeed in leverage trading and affiliate marketing on CoinX, it’s recommended to gain experience and knowledge before diving in to avoid substantial losses.
- 😀 The CoinX affiliate program is a free method to make money, where you simply share your referral link, and earn commissions when others use it to register and trade.
Q & A
What is the first method mentioned to make over $10 a day on CoinX?
-The first method mentioned is using the Auto Invest Trading Bot. This bot allows users to automatically buy Bitcoin daily, which helps generate consistent earnings. It's a safer method compared to spot trading and can make more than $10 a day with a small initial investment.
How does the Auto Invest Bot work?
-The Auto Invest Bot works by allowing users to create a strategy where Bitcoin is bought regularly (e.g., daily). Users set the amount they want to invest (starting from as little as 1 USDT) and the bot automatically executes the trades for them, helping them accumulate Bitcoin over time.
Why does the script recommend Bitcoin for Auto Invest?
-Bitcoin is recommended because it has historically shown significant appreciation over time. While the US Dollar decreases in value, Bitcoin has continued to increase in value, making it a more profitable long-term investment.
What is the difference between Auto Invest and Spot Trading?
-Auto Invest is a safer, automated method where users accumulate Bitcoin over time through regular purchases. Spot Trading, on the other hand, involves actively buying and selling Bitcoin to profit from price fluctuations. Spot Trading can generate faster profits but also comes with higher risks.
What is the potential profit from Spot Trading according to the script?
-The script provides an example where one Bitcoin bought at $16,000 and sold at $69,000 could yield over $52,000 in profit. This shows the potential for high earnings from trading Bitcoin, especially during significant price increases.
How can CoinX Earn help increase earnings?
-CoinX Earn allows users to earn compound interest on their Bitcoin holdings. By locking their Bitcoin in CoinX's Earn program, users earn both the appreciation of Bitcoin's price and additional interest (or yield), thus generating two sources of income from their assets.
What are the risks involved in Leverage Trading on CoinX?
-Leverage Trading involves borrowing funds to trade larger positions, which can result in faster profits but also higher risks. If the market moves against the user's position, they can lose their entire investment or even more. This is why leverage trading is not recommended for beginners.
What is the CoinX affiliate program, and how does it work?
-The CoinX affiliate program allows users to earn commissions by referring others to the platform. Users simply copy and paste their referral link, and when someone signs up and uses CoinX, the referrer earns a commission. This method is free and can generate passive income.
How much can you earn from the CoinX affiliate program?
-According to the script, users can earn up to $1,200 per month through the CoinX affiliate program. The commission rate starts at 40% and can go up to 50%, depending on the results and activity of the referrals.
What is the recommended way to start earning with CoinX as a beginner?
-For beginners, the recommended ways to start earning are through the Auto Invest Bot and the CoinX Earn program. These methods are safer and require less market knowledge compared to more complex methods like Spot Trading or Leverage Trading.
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