Amazing input guys, thank you all!
A friend of mine shared with me one exchange, that is having this type of campaigns. PLEASE tell me, what do you think?
My friend he has participated multiple times in the last one year. He has received his rewards on time as described in the T&C.
The exchange is based in Switzerland and is listed on Nasdaq, which looks very credible to me!
In the current campaign the main details are:
- The Tiers are fixed and it depends only how much volume we will generate. No competition, nor gambling element, which is great!!!
- The minimum trading volume to participate is $2000.
- The highest bonus is $3500 paid out in Bitcoin, not in a sh*t coin.
We intend to participate and trade together. From The way he has used so far is the following:
- We need to have appr the same crypto value on both of our accounts.
- We see that there is a decent slippage in the VALOR/USDT and VALOR/BTC Pairs, which in this particular case is beneficial.
- One of us both buys their native VALOR Token
- The other one transfers either BTC or USDT to his account.
- We look at the order book and aim at the slippage area (if the highest Buy price is $0,3 and the lowest Sell price is $0,38, we will trade at $0,34 USDT per VALOR)
- So we are swapping the same tokens many times. One opens a sell order and the other one buys it.
The trading fee is 0,29%, but we will pay with valor tokens to reduce it to 0,195%.
And here is the maths:
- If we aim for the top, we will generate $1M in volume. We will pay around $1950 in fees and each will get $3500. Meaning that I can make $1550 net in Bitcoin, the same goes for my friend.
Since there is no competition element, I will share it here
https://crypto.smartvalor.com/PS: don't forget to DYOR