With only 105$ to start and 20$ Bonus

Earning Profits Using WAX native token CEX DEX & Bridge - With only 105$ to start and 20$ Bonus

By Cryptoray | CryptoSpace | 17 Mar 2023


Hi Publishers, today I am sharing an article on how to profit from volatility with little (NEAR TO ZERO) risk.

 

Near to Zero

This article is dedicated to users who do not have large capital as it focuses on taking advantage of the speed of the WAX network along with its weakness at the liquidity level, large bags traders will not think is interesting but little bag degens maybe will love it. All the links will be on the bottom of the post, you can Avoid troubles just going to the official links instead of "googling".


What are Sidechains and Sister Chains?

Both sidechains and sister chains are ways of creating additional capacity in the EOS ecosystem by creating multiple blockchains that use the same software and can communicate and interoperate.

1.-Sidechains are EOSIO blockchains that utilize the EOS mainnet token for resource allocation (access to bandwidth, RAM, etc).

2.-Sister chains are blockchains that utilize the EOSIO software but that have their own native token used for resource allocation.

There are not currently any sidechains that are live, but several sister chains are either live, in beta testing, or currently being built. These include a number of projects like WorbliWAXTelos, and ONO. These blockchains are built on the same open-source EOSIO software that powers the EOS mainnet, but they have their own tokens that are used for voting, resource allocation, and compensating block producers. Examples include the Worbli $WBI token and the ONO $ONOT token.


In this case WAX is the main focus one of the post

We might think that the WAX token is not well known, however, it enjoys a huge base of active wallets on its chain that enjoy (and sometimes suffer) from play to earn. The thing is that on its blockchain there is not a huge liquidity of Dollars, as everything is based on dApps and WAX tokens. This causes that most of them do not have par with Stablecoins and there we come into action.

 

Check out the stats! on Wax at same time that Decentraland and SandBox has a low base of daily users on their "near to empty maps". I now that is not the same but numbers are facts, the simple gambling play to earn games on Wax has more active daily wallet that the interactive Metaverse

 

WAX DAPPS UAW24h

 

How to take profit from this? Okay we reached the hot point


The most famous DEX on their Blockchain are Alcor.exchange, DeFi Box and recently a competitor TacoCrypto has emerged (in its Beta phase as I write the article). These platforms, being illiquid compared to stablecoin pairs, tend to have a price lag. And boom! avid users can take advantage of it. It has some NFT marketplaces too on main TOP activity. But, if you notice on the image DEX are not the most daily visited for interact. 

Yesterday I used again to made some arbitrages on them by one side and on Bybit by other side. and the result was this!

I engaged some profits from my trades on Bybit and purchased BTC to DCA and sent to node; because I think every price under 30k for Bitcoin will be key to get a big smile on the nearly future. It is my way to made DCA, first I trade for profits, catching Btc with them and sending it direct to my node for being secured and sleep as baby. With it out of exchanges (Remember "Not your Keys, Not your coins.") I sleep like on silk clouds.

Well the point is that the WAX DEX dApps on the days that the cryptospace is most volatile due to low liquidity are moving slow in stablecoins pairs. And we can profit from it (and at same tame making the service of adjusting prices in order to let them being updated).

Today the case was that I purchased a bag of WAX on Bybit under 0.068$ and Sold it from 0.075$ the main floor of 0.07$ on the WAX DEX dAps. Getting a fruitful day with low risk and a little bag of 105$. The cost of Withdraw WAX from Bybit to your WAX wallet is as low as 2 WAX being near to a Joke the fee. And the WAX Cloud wallet has a Fee of 1% to Bridge waxUSDT to ethUSDT. We cover this little fees with our huge % profit.  This operation is normally able to us some times every month on low stablecoin liquidity blockchains. 

Check this snapshots and Enjoy

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Bridge The Profits To Your Metamask or EVM favorite Wallet

 

 

The wax wallet Bridge with Low Fee (1%)

This Has some Tokens to bridge as I told, at 1% fee (which is perfect for this little trades)

Some tokens for bridge to Eth

And here the movements that I made adjusted the price to around 0.07$ from almost 0.075$. Do your maths and get your numbers. The last thing that I did  is to bridge all, the base and the profits to Ethereum to recharge my metamask because it is low on Eth gas from last 2 weeks. And the magic happened. I was able to win and replenish my Ethereum wallet to move future tokens from Publish0x. 

If you still reading now and you are not reading this after the March 30 in 2023, I have a Bonus tip here to you. In case you not Joined Bybit before... I have to told you that Bybit not requires KYC for this little movements and you can win a share of Cash to your Bybit account completing 2 simple tasks.

1.- If you do not have Bybit account, Signup under my ref link before March 30 Clicking here or at bottom of the post in any case you can use the code too. Code: OYK6Z 

&

Deposit at least 100$ on your first 7 days and trade 500$ in volume on your first 30 days. And insta win win 20$ before the March 30th (Shared Pool of 200.000$ usdt in real balance, not in trading bonus) Check the snapshot about the 20$ Bonus deep details below.

Bybit Bonus conditions

 

This not only fits to WAX blockchain, some "shitcoins" that has low stablecoin liquidity and Native DEX dApps have the same situation,  now is your turn to inspect the CryptoSpace and catch more free cash on Chains that are waiting for your arbitrages in a near to zero risk way using Smart Contracts and Native wallets because your money on Bybit or another CEX exchanges will be less than 10 minutes, all the rest of the movements are made on your own wallet and Decntralized exchanges.

Have a nice day/night and thank me later on comments if you think that is a great tip.

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Cryptoray
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I am an enthusiast of cryptocurrencies and new technologies. Proud to be Ambassador at Synternet.


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