Day 23 : Adding crex24 to the strategy and getting paid to trade for free !

By julien | From 0 to 1 Bitcoin challenge | 26 Jul 2019

I am adding today another tool to help me achieve my challenge to reach 1 BTC starting from 0 (as you now I am now close to 1% of my goal. Here is the last recap : https://www.publish0x.com/from-0-to-1-bitcoin-challenge/day-22-0-1btc-earning-recap-day-21-00065-btc-reached-xqmqzy

As of today, I am using the following tools :

- Faucet claims for free bitcoin (more details here here and here) ;

- L7.trade for investment (very happy with it with 3% daily achieved for the last 15 days !) ;

- Trusdice for free Casino and mining $txt and future passive income (0,3% daily dividend) : https://www.publish0x.com/from-0-to-1-bitcoin-challenge/day-2-22-0-1-bitcoin-adding-trustdice-strategy-xmknrp;

- and finally : cash back with the free WIREX visa card : https://www.publish0x.com/from-0-to-1-bitcoin-challenge/day-11-0-1-bitcoin-adding-wirex-my-strategy-xmmpvn

I am adding today an exchange to the strategy : Crex24

Why Crex24 ?

Crex24 is an Estonian cryptocurrency exchange. It launched in 2017. It's a small but legit exchange. I's currently the n° 151 exchange in the coinmarketcap ranking.

The company behind this exchange is Crex24 OÜ (reg. number 14419665).

Crex24 offers trading in a large selection of trading pairs. You can find all of the biggest cryptocurrencies here, but also o a lot of small to medium-sized cryptocurrencies.

It's a very professional trading platform with very low fees.

But the main advantage of Crex24 is the Faucet where you can claim free coins every few minutes !

Crex24 have their own faucets. With this faucet, users can easily ask to receive specific cryptocurrencies entirely free of charge. Naturally, the number of requests you can make is time-limited. The time intervals range from 5 minutes (meaning you can make a new request every 5 minutes) up to 1 day.

As you can see above, these free coins are Altcoins that could be shitcoins or very promising ones (that coud x100 in the next Altseason like BTT for instance).

How much can I earn ?

I started using the platform yesterday, but I think, if you claim 3 times a day, You could achieve easily the equivalent of 75-100 satoshi a day.

Not a lot, but easy money and one of these coin can x100 : possible big upside !

Plus you can start trading on the platform with these freecoins and make additionnal profit for free !

My strategy :

I am going to claim my freecoins 3 to for 4 times a day from now on, and I will capture additionnal profit with this trick :

Crex24 Trading fees are quite specific :

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade. The maker thus “makes” the order being executed. The other party is the taker, who places the order that matches (or “takes”) the maker’s order. The maker-taker model normally encourages market liquidity by rewarding the makers of that liquidity with a fee discount.

Crex24’s trading fees for takers are 0.10%. This fee is far below the global industry average. The global industry average is arguably around 0.25%. Crex24’s trading fees are also far below the domestic industry average (the other Estonian exchanges charge higher fees). The fee thus constitutes a competitive advantage. But it doesn’t stop there.

Crex24’s fees for makers are -0.01%. This means that you get paid to trade.

So I am going to do the following :

- sell my free coins as a maker : for that you have to create an order and ask a price just below the "ask" price in the sell section;