/biz/ - Business & Finance

I'm currently building up my CET stockpile. CET is Coinex's own exchange token. Around 150,000 CET will give you around 88 USD a day in dividends. This is because Coinex distributes 80% of their revenue from transaction fees back to CET holders. The higher the daily volume for the exchange, the higher the daily dividend payout. This will go on for about another 150-160 days until trade-mining of all CET tokens is complete, after that the dividends will be payed out monthly instead of daily. They're also doing a shitload of airdrops, and a token burn which will eliminate around 40% of the supply. Now, before you call this a scam I'd like to point out that Coinex isn't some random ass new chinese exchange, this one is fully backed by viaBTC and Bitmain so that means they have a gazillion of money and don't have a need to exit scam. My reading is that they're using this exchange in an effort to drive up BCH adoption/usage (out of their 4 markets, BCH is the main one I believe).

https://www.coinex.com/account/signup?refer_code=vgk8e

Pic related. Part of my daily dividends