As probably every sane person has realised the volatility of cryptos is making this asset class look speculative and could delay mainstream adaptation.
Minexsystem’s algoritm is supposed to reduce volatility of Minexcoin (MNX) and make it a more stable cryptocurrency, which could make it a more feasible option for payments as well as savings.
By parking at Minexbank, you can also get a whopping monthly 12.1% interest:
I have done this for some months, and it is nice to look at the compound interest starting to work its magic.
Minexsystem has a very active development team as you can see from their tweets:
They are also going to implement Atomic Swap: Atomic Future for Minexcoin.
Today, Minexcoin is doing just fine:
And one of the winners in the last 7d (market cap above $ 50 MM):
And soon I am going to get my monthly payment. Not bad at all...
Disclaimer: This is not trading advice. Cryptocurrencies are high risk investments: You can loose everything. Do your own research. I do not answer technical questions about any coin/ token.
I did not see it under 20ish $ in some time now, even in the hardest times seems Minex holds a good position.
Why is the monthly return greater than the other returns?
Good question. The daily rate was first the best, then the weekly and now the monthly. The rate is probably going to decrease over time as the MNX value show strength. From https://medium.com/minecoin-blog/minexbank-update-algo-upgrade-fb37c7160653
Thanks!
Hello @janusface,
Extraordinary good update & Minex coin & their investment program looks promissive.
~@mywhale
Quite a analytical & informative post. I never heard about Minexbank & their functions, after reading your post, i have gain some knowledge about them. Certainly this information will help lots of steemians. Thank you so much for this.
Nice post. Really informative
Thanks for this valuable information @janusface. Lately I am adapting to this type of topics. Happy day! Regards!...
I didn't know this coin looks very insteresting, i mean the general idea. Regards
Nice info about minexbank. Most crypto folks are more careful now after the Bitconnect incidental. Recommendation by anyone is always good reference and we should do our own research! Thanks for sharing this possible opportunity! Upvoting!
@janusface,
Yeah Dr. I can remember once you told me about Minex and I was doubt it! I think it's a good system to parking, but still I can't believe 12% monthly interest! At that point I feel like "HYIP"! That's what I hate to feel, coz I have a very bad history with such scam programs and I was a big pray of them :/
Cheers~
interesting ROI looks very interesting time to check it out
Cryptos is indeed volitile, and claiming stability in that market, espessially being a small cap coin, is a risky bet. And so my main questions is how do they intend to acheave that stability? and Where does that interest come from and how do you have to store the coins to get that interest?
As it sounds kinda like a central bank kinda function, where the likelyhood of the coins being used for market speculation to get gains.
Minexbank is better than the actual bank itself interesting to know about it thanks for sharing will search about it
don't mind bro but is it like bitconnect
That is kinda huge rate of return !
Will look into it buddy ;)
that's a whooping interest to get for parking money there interesting thing you came up with
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