Teach you how to make money quickly on Steemit
The
Steemit approach is adopted, which means that the decision is made by the user.
Below the article on Binance, we can see a like feature similar to Steemit, and next to the like button is the most eye-catching revenue icon. And this profit figure has become the main purpose for most people to operate the cryptocurrency community.
As shown in the above figure, assuming the profit of an article is 1000 yuan, what we actually get is not the continuously used RMB, but a token that exists as a virtual currency, called Key, issued by Binance. However, the value of these keys is approximately 1000 RMB.
If we want to withdraw these virtual currencies, we need to first sell these keys on the exchange as BTC (Bitcoin), ETH (Ethereum), or some circulating fiat currencies issued by the exchange itself. Then we need to sell these currencies in order to convert them into Chinese yuan and withdraw them into our bank cards.
It should be noted that 50% of the 1000 yuan Key belongs to the author of the article, and the other 50% will be divided among users who have given valid likes.
Assuming the current unit price of Key is 0.03 yuan, the author of the article can actually obtain a Key of 16666.67 through this article, which is 1000 × 50% ÷ 0.03. These keys will not enter your account in real-time, but will be transferred to your Binance account every 7 days.
But these keys are locked after entering your account, which means that you cannot immediately trade and withdraw them into RMB, but need to wait for 30 days to unlock them.
That is to say, if an article is published on Binance and the profit is successfully obtained, it will take at least 37 days to withdraw. It has to be said that this cycle is indeed very long, but considering the profit, it is not impossible to wait.
- User revenue methods
As we mentioned earlier, 50% of the 1000 yuan Key belongs to the author of the article, and the other 50% belongs to users who have given valid likes. So, how is the user's revenue calculated? What is effective liking?
Bihu Community is different from Moments, as likes are restricted. Each like will consume 10 points of your energy, and users can receive 1 point of energy every 14.4 minutes, so each user can receive 100 points of energy in 24 hours (up to a maximum of 100).
Therefore, when your energy is less than 10 points, your likes will be considered invalid likes, so you will not receive any benefits. The revenue obtained by users who like at the same time is not evenly distributed, and users who like earlier will also receive higher revenue.
So considering the above situations, for non author users, the best way is not to waste every bit of their energy, choose the article you think is written best, and like it early before it is recommended, so as to maximize their income.
At the same time, there is a common profit rule for both authors and users, where the more keys you lock in, the more profit you will receive. - Thumbs mean higher exposure
After summarizing all the above content, let's talk about the efficiency gameplay of making money on Binance.
The page with the highest exposure in Binance is the popular page in the recommendation section. To make your article appear on this page, it is inevitable to obtain a large number of effective likes from users, that is, user recognition becomes the ranking weight of your article.
Due to higher exposure, such articles will naturally receive more profits. However, in order to avoid certain articles dominating the screen for a long time, the platform will attenuate the ranking weight of articles based on a 4-hour time node. Therefore, only articles that are truly well written and resonate with users can achieve high returns in the long run.
Similarly, for users, you should read some good low-income articles in non popular categories and give them likes. Logically speaking, liking these good articles not only conforms to the rule of early liking for more benefits, but also effectively increases the weight of the article.
So when this buried good article becomes popular, the overall revenue will naturally increase, and your revenue will also increase accordingly. - Some special gameplay
For such a community, likes determine everything, and effective likes are limited by time. Therefore, using VPS and other devices to modify IP addresses for automatic likes of multiple accounts has become a special opportunistic gameplay, which is operable but not advocated.
The most correct way to play is to publish truly good articles to earn profits, but due to the serious phenomenon of the Bihu Lira Gang forming its own portal, many good articles cannot receive the profits they deserve. So it is necessary for everyone to join some organizations to give each other likes on each other's articles, in order to give their own articles some exposure.
Overall, although the user experience of Bihu is average and there are still some phenomena of profit brushing, I personally have high expectations for the development model of Bihu. What Binance needs most now is strict regulation and optimization of apps and websites. Blockchain is indeed a trend, and although there are imitations of the model, it is still a direction worth learning from in the domestic blockchain industry.
Therefore, I suggest everyone to operate in a benign way in Binance, and not to prioritize profits too much for quick success. The development of a good project requires many people to follow the rules, rather than being eager to squeeze out the platform's profits. The beginning of everything is difficult. Try sharing your experience of playing cryptocurrency on Binance, and perhaps you will have the opportunity to create a viral article
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