CoinEx - Profit sharing Exchange with support of BITMAIN

FCoin was first exchange that introduced Trade driven Mining. Many people were sceptical about it, called it SCAM but new model was working. After FCoin many Crypto Exchanges have started offering same model and CoinEx is one of them.

To explain in short what Trade driven Mining is, basically you get platform tokens (in this case CoinEx token CET) for trading some assets on the Exchange (in this case CoinEx) exchange.

CET token holders get 80% of profit from CoinEx exchange, payed daily. Great.

I love profit sharing exchanges and I have invested in many of them. As a stock trader also, I have always invested into dividend stocks. I simply love to hold and earn and especially in bearish times it is nice to watch how your stash is growing.

There are many Crypto Exchanges offering profit sharing so how we should pick where to invest?

First profit sharing exchanges like KuCoin or COSS were offering 50% of earnings. Competition push this to higher level and now profit sharing Crypto Exchanges are offering 80%( like CoinEx, FCoin, ABCC...) up to 100% like BigONE. That is possible because they are holding also tokens of their Exchanges and they are earning dividends together with other users. To pick where to invest, I try to analyze who is behind the project. Team and investors.

CoinEx has BITMAIN and ViaBTC as investors. This is why basic currency of CoinEx is Bitcoin Cash BCH. I am not fan of BCH but I can't say that BITMAIN (ViaBTC is owned by BITMAIN) is not huge legit company and I believe that they wouldn't support Exchange that is not legit.

CoinEx is working perfect, they are supporting many cryptocurrencies and they pay daily dividends in various cryptocurrencies. If there is less than 10000$ dividend value of some cryptocurrency to distribute daily, they accumulate until 10k is reached. Most traded Cryptos are BTC, BCH, ETH and USDT so most of dividends that you get are in those Cryptos.

Of course, all dividend that I get in BCH is immediately converted to BTC :-)

CoinEx is nice Exchange to use and I believe that this project will be successful. There is also referral program and if you wanna use my referral here is the link: https://www.coinex.com/account/signup?refer_code=5a9x3

This is NOT investment advice and if you want to invest in CoinEx, you should do your own research.

Regards,