I shared a 4-part report on earnings on MOSDEX. Eventually, it’s become a daily routine for me. As the crypto space wanders in uncertainty, trying out ‘technically’ low-risk income opportunities might be a rewarding venture.
I signed up on MOSDEX, received a 30USDT bonus, and since then have continued to build up my portfolio on the platform.
Well, along the line, I have added more funds to my account and staked them to maximize my profits. Note that this is not financial advice and I am not affiliated with the MOSDEX team. However, the return has been pretty impressive and like the 24hrs earnings report, I’ll demonstrate just how you can build up on the 30USDT you receive when you sign up on MOSDEX.
For starters, I did a detailed explanation of how MOSDEX works, including how to use the features on the platform. Let’s get to the main topic for today.
Now, MOSDEX offers you a 30USDT bonus when you sign up. This amount can be used on the platform to accrue passive rewards. You can also convert between USDT and BTC on the platform via the swap.
There are three approaches to growing your funds on MOSDEX.
First, you can decide to play it cool and stick to the stable asset (USDT). In this case, you can simply leave your bonus in USDT and also convert any amount you deposit on the platform to USDT. With your funds in the stablecoin, you can proceed to the next line of action.
However, if you’d love to diversify and stay in the middle of trends, you can split your funds between BTC and USDT. Hopefully, MOSDEX adds more asset options to the platform. You can swap between BTC and USDT on the MOSDEX swap. Splitting your funds between bitcoin and USDT enables you to benefit from Bitcoin’s volatility while staying safe with a portion of your funds in USDT.
Again, a riskier approach but a chance to grow your funds faster is to move your funds to bitcoin only. You can use the swap to do this as well.
Having selected your asset of choice, the next move is to choose a staking plan for yourself.
MOSDEX offers four staking plans. Each plan has a varying duration and rewards percentage. How this works, the profits made by the arbitrage trading protocol are divided between staking pools. Each pool receives a share of the total reward accordingly.
The 14D plan stakes your funds for 14 days and rewards with only 30% of the profits made by the bot on trades made with your asset of choice (USDT or BTC). The 30D plan stakes your funds for 30 days and rewards with only 34% of the profits made by the bot on trades made with your asset of choice.
For better rewards, I subscribed to the 90 days plans. The 90 days plan locks your asset for about 3 months. One advantage is that it gives you the biggest return. With your asset staked to this plan, your rewards build up faster.
Now, here’s the strategy you can adopt – Compounding. Rewards earned from the trading bot can be claimed once it crosses 10 USDT. To grow your earnings you can set a timer for your rewards and promptly claim and re-stake them. By doing this, your reward for every interval gets even bigger.
The daily report I published shows that a stake of 10,000 USDT earns about 59 USDT daily. The dailyuse the swap income of your 30 USDT will obviously be way lesser but you can always wait until it crosses 10 USDT to claim and compound.
A second approach to maximizing your income is by investing your earnings elsewhere and pooling the income to continue earning passively on MOSDEX. With a daily income of 60 USDT on 10,000 USDT; you can split your income into two, re-stake a portion on MOSDEX, and move the rest to passive income opportunities like sing-side staking and lending on other DeFi platforms. You can now move earnings on these platforms to MOSDEX and continue compounding.
In conclusion
I’m devising means to make MOSDEX work better for myself and anyone who cares to read and try. This strategy works currently. Regardless, you can also develop a strategy that works best for you and share them as well.
Having said this, endeavor to do your own research and note that this content is only meant to share these ideas and not financial advice.
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