Financial Account | CoinEx | Passive Income
CoinEx is a global and professional digital currency exchange service launched in Hong Kong and founded in 2017 by Haipo Yang
The Global Digital Coin Exchange
CoinEx offers a friendly interface, is fluid, has automatic transactions for deposits and withdrawals backed by the most important mining group in the world, all your digital assets in CoinEx will be 100% reserved and will not be used anywhere else, high security and many tools that make CoinEx one of the best cryptocurrency exchanges.
How to generate passive income with CoinEx?
CoinEx offers us the “Financial Account” product where we can generate passive income with USDT, BTC and ETH
The first thing we have to do is click on “Assets” and then on “Financial Account”
Later we select the option in which we want to make the deposit in this example we will do it with USDT
The returns shown are an annual estimate that is calculated on a weekly basis
Interest will be calculated on the second day of the transfer instead of the first day
On the third day the financial account will generate compound interest
The first day that the assets are transferred from the spot account to the financial account, no interest is accrued
70% of the interest income of currencies borrowed from margin trading on CoinEx will be allocated to users against the proportion of holdings in their financial accounts
- There is no minimum deposit
- You can withdraw your assets whenever you want from your financial account to your spot account
- There are no risks
You must keep in mind that despite the fact that USDT offers a much more significant return compared to BTC and ETH, the USDT will always be at par with the dollar as Fiat money, instead with the other options that usually are high volatility so if the price increase you could benefit much more, the decision is yours, but remember that it is always good to diversify 📊
I have personally been using this feature for a few months and am very happy with the results
Albert Einstein call compound interest the eighth wonder of the world
