The ViteX exchange demonstrates great income from mining, and now, along with a temporary campaign, this income is growing several times. The numbers are impressive, for example:

In VX/BTC pair, 4000VX I can mine 20 VX

In VX/VITE, if I trade 100000VITE I can mine 10 VX

Given the practically absence of risks, this turns out to be extremely profitable. More info about this camapaign and mining on ViteX can be found here:

https://medium.com/vitelabs/vitex-launching-one-year-anniversary-dual-campaign-aa4956b5d77f

https://forum.vite.net/topic/3569/how-to-mine-on-vitex-advanced

You can check this on ViteX.net, as mined coins. For todays it's 9211036.96 VX = 31.40 % Mined

I explained this in the previous article https://bitcointalk.org/index.php?topic=5233472

Let's start with the fact that the first two articles complement each other and there is no exact time frame , also these are very strange arguments:" The level of information and the links on multiple occasions made me to assume that you may NOT an end user/custome". Providing links and full information about what I am writing about is a rule of good form and it can in no way be something negative

Regarding the same info in articles, while the main (links, into) things in them are really similar, this is done so that a person who has not read the first article can understand what it is about. The articles are consistent and complement each other, in them I talk about absolutely different things and at different times. In addition, how openly you talk about the shilling on my part, let me answer you, that I share my income with the members of the forum, to whom am I doing it badly? All numbers are real and reasonable, you should have spent a little time studying before criticizing, your message is empty 👎

Hi folks!
Before I get started, let me tell you in a nutshell what a ViteX DEX is....

ViteX is a decentralized exchange developed on the top of VITE public chain, which not only its technology is decentralized, but also its ownership, operation and income right. The income right is counted by VX, and all income happened on ViteX will be allocated to VX holders.
ViteX is a decentralized exchange of community, for community and by community and also the first decentralized exchange on the top of DAG.

ViteX website: https://vitex.net
Vite website: https://vite.org

Also mobile versions of ViteX is available in the Vite Wallet. You can search it in Play Market and App Store.

Before I get started, I want to mention several things:

• I didnt purchase all my VX in one day, I managed to invest in both Vite and VX over a long period of time. You can though, ofc, and its not a bad deal as I see it. The return I calculated in my last post did take into account VX price variations. As of today my returns has further gone up by quite a bit since BTC ETH price went up, which is why I like ViteX, a DEX that gives you dividends. Im literally making money when I sleep, who doesn’t like that?
• Purchasing VX directly from the market is definitely the easier way to start earning dividends (which is what I've been doing lately with my daily dividends since im comfortable with the amount of VX I own). If you’re tight in funds or really motivated, however, try mining by yourself since at most times, the cost of mining a VX through trading is lower than purchasing from the market.

• Purchasing VX directly from the market is definitely the easier way to start earning dividends (which is what I've been doing lately with my daily dividends since im comfortable with the amount of VX I own). If you’re tight in funds or really motivated, however, try mining by yourself since at most times, the cost of mining a VX through trading is lower than purchasing from the market.
• Market-making as mining, as they call it, doesn’t cost you anything but requires your attention so your mm orders don’t end up actually being executed.
• I would suggest you to have at least several different assets in ViteX for either mining methods, which will make the process more efficient.
• Make sure to DYOR and read the basic rules before start mining. They have pairs that may either eligible for trading mining, mm mining or both. You will be able to tell the differences by looking at the mining icon.
• There have been questions on referral codes, I’ve covered most about it in my last post. You should try to find answers to questions such as how to make and use a referral code on your own..... But since I’m writing this, might as well share these link with you all:
  Referral code: https://forum.vite.net/topic/3884/how-to-acquire-or-use-a-referral-code
  Mining guide: https://forum.vite.net/topic/3708/beginner-s-guide-to-vitex-mining
  General Info: https://forum.vite.net/category/95/user-guides-tutorials
• I’m sharing these because I believe a project is able to live and succeed only when everyone from the community can benefit from it and support it. ViteX has won me, and I hope it can do the same for you all too.

Going into my strategies, there are two parts to it.

With trading mining, the key is to compare VX mining cost to its current market price as time getting close to 12pm (when VX are released everyday). On ViteX website, the mining dashboard tells you the real-time expected mining cost . If cost of mining a VX is lower, start trading. This is why its better to hold different assets. If market price is lower, you are probably better off just buying it from the market.



With market making mining, the key is to place large orders as close as possible to the best sell/buy order in the order book and spread out your orders as much as they are within the mining range. According to official rules, “The VX mining reward for market-making has a linear relationship with the order amount and order duration (i.e. amount of time the pending order stays on the order book). However, the mining reward has an exponential relationship with the order distance (i.e. the deviation from the best bid offer)”.



This graph is just a simple demonstration of how I mine through MM. So, if the order book is empty, fill it up; if there is no sell or buy order close to your orders, make one. Ofc in reality I place larger orders and seize more market shares. Bottom line, mark your presence. Make sure you follow closely on changes in the market so your orders don’t get eaten up.

And a last tip, always check for special mm mining events. ViteX has, from time to time, weekly extra rewards for market making specific trading pairs, usually of newly listed assets.

That’s about it for now. As always, I’m open to messages and discussions. Reply, if you got questions or insights to share with me.

I believe the future of cryptocurrency and transactions on the internet is free and fast transactions, not many cryptocurrencies fit in that framework.
 • Vite https://vite.org
 • Nano https://nano.org
 • IOTA https://www.iota.org

Are a few, I can think of right now that fit the model of free fast transactions.
out of the 3 above I am most hopeful for Vite since it has a very small market cap so it's much easier for that one to make a 100x price increase than the other 2.
also, Vite which means fast in french has a very unique system where they burn vite from trading fees on their exchange vitex.net , and at the moment they are burning more than the block inflation so the total supply on 1 billion vite is deflationary meaning that vite will become more valuable as less of them exist.

I've heart only about new listing on ViteX.net, it's a good news, very promising exchange.

Great AMA by Richard, https://t.me/vite_en/240865 thanks! Many new horizons on our way

Thanks for kind words.

Ofc referring yourself is not against the rule, in fact its encouraged to do so. And you should be using your referred accounts to trade and market-make so that both your main account and your other accounts will receive extra rewards and reduced trading fee. Look up the rules and details of referring as mining, you will understand:)
In terms of my investment, its hard to determine as I’m an early user of ViteX and supporter of VITE (there is a VX/VITE trading pair), price of VX also fluctuated. But my total investment is somewhere around 0.7 BTC. Actually you can have a lot more VX than I do if you invest the same amount now at the current price.

Good luck.

In crypto, there are still adequate and honest methods of earning. This exchange was created by a team that builds its ecosystem, their main coin has been recently listed on Binance. Firstly, I want to immediately emphasize that the opportunity which I will write below is not a pyramid, hype or something like that. All profits are objective and justified. I recommend that you familiarize yourself with the Vite and ViteX, and then go on to my story.

Basic links and info:
http://vite.org
https://vitex.net
https://vite.wiki/introduction/
https://explorer.vite.net
https://medium.com/vitelabs/vitex-101-update-489f6e49392
https://medium.com/vitelabs/announcement-vx-mining-official-start-date-e66900b10888

ViteX is a decentralized exchange created by Vite Labs on its Vite-chain. You can view ViteX info on either CMC and CoinGecko. Also you can find VITE there, it is a coin of the whole ecosystem. There are a series of products developed by the team and various ways to make profits, but this article will focus on the DEX ViteX and its mining functions, that’s how I made money!



My acquaintance with ViteX began in the October of 2019. It is a young exchange that’s launched less than a year ago. Now I have over 38,000 VX (still growing) and received 1.09 BTC in dividends so far, that’s about 70% return on investment in less than 5 months and my annualized return is expected to be over 130%. It used to have only 18 BTC in its dividend pool, now this number has grown to 36 BTC.

I won’t say my exact investment but it’s probably lower than you think. To get to where I am today, I took several steps:

#1. Got a referral code (costed 1K VITE) and invited 7 address (mostly mine). Both the main account and the invited accounts will be rewarded with extra VX when the associated accounts trade or market-make. Good to have friends right?



#2. Trade mining eligible pairs.
It’s as simple. Make sure you use a referral code since besides rewarding extra VX it also lowers your trading fee. In addition to my mining proceeds, I also bought VX at times. But I stopped adding direct investment when I had about 20,000 VX and only continues to buy VX with my dividends. There will be surprises for you if you look up current VX price.

#3. Market-make.
I have been playing around this function for some time now, but arrived at a better understanding only recently. I can mine about 2,000 VX each day if I really put in my time and effort, but I’m happy with my proceeds even with less attention.



ViteX has both a web-end exchange ( x.vite.net ) and a wallet + exchange 2-in-1 APP ( app.vite.net ). The APP is a little more complicated to use than the web exchange as it has also a wallet function, but I found both helpful and smooth to operate and they make a good complement for each other.

When you login to the exchange, you will see a notice saying that it doesn’t serve users in many countries. But ViteX requires no KYC so no personal information will be exposed, don’t get scared off by the regional notice. Do know that you will start receiving dividends only when you stake more than 10 VX though.





CHEERS!

It's hard time for crypto. But I think situation in China becomes better and Vite Labs, will be fully operational in the near future and achievements await us

OK, Thank you. Will ViteX list more coins in the future?

When will the VX start mining?

 Grow together. Rich together.Waiting for. tilepay

Waiting for the Wallets

我也是翻墙 不过好像不是封了 据说电信可以上

看的好远啊 上市公司有实实在在的资产 利润 btc现在有什么啊 当然btc上升空间还很大 但是需要时间 也需要各方面的突破 还需要btc最终的定位确认 到那时候去比较还有点意义

四种可能都不存在 都不构成拉升的条件 目前拉升的唯一可能就是拉上去套死小散 继续跌 当然横盘的几率最高

到时候尸体一片 都是活该

不管用 靠这种小伎俩解决不了问题的