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/biz/ - Business & Finance


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14883196 No.14883196 [Reply] [Original]

What’s the best passive income coin?

>> No.14883208
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14883208

>>14883196
Buy COS.

>> No.14883222
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14883222

>>14883208
What is?

>> No.14883235
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14883235

>>14883222
Check’d.
You hold it on the COSS exchange or in your wallet and they give you 50% of trading fees

>> No.14883265

>>14883196
None, but you will soon be able to "borrow" your btc on Bitmex for interest. Which might be cool AND a safe investment for people that doesn't know how to trade.

>> No.14883270

USD in a savings account

>> No.14883282

>>14883235
interdasting... the coin was at $2.77 at one point
looks like its reached a bottom. I could pick up a FAT fucking sack at these prices...

>> No.14883288

BitMax token. You can stake it for data use payouts in USDT every day.

>> No.14883298

>>14883282
You’re the smartest /biz/ poster I’ve come across in a while :^) See you on the moon, boy

>> No.14883309

>>14883265
>>14883288
>BitMax
>BitMex
Medicare
Medicaid
what is?

>> No.14883320

>>14883196
ARK

>> No.14883363

>>14883320
I do hold ARK, it seems pretty stagnant. I won’t lie when I say the staking feels good man. Especially because you can choose who you stake in
I’m gonna look into this COS thing

>> No.14883368

>>14883309

The names are similar but they are very different exchanges. Bitmex is better for leveraging imo. Although Bitmax offers margin trading too.

Bitmax token is used to stake for data use, as well as trade mining and it can be locked to your margin account for more leverage if that is your thing. Personally, I don't trade a lot so I just stake my tokens for passive income.

>> No.14883379

>>14883196
To own and stake LINK, to aquire passively BAT.

>> No.14883403

>>14883282
Don't. It's run by a ponzi scammer and the exchange is very likely on the brink of bankruptcy. I've gotten tired of typing all of it out at this point. Basically look up the Norweigan company Enigro, Rune Evensen was involved in that and like 5 other MLM/ponzi scams. The exchange's volume is almost all faked and has been for almost a year now at this point, go check the order books for the supposed 3 million volume of Eth/btc, btc/usd, etc. There's nothing there. They've likely made less than $1000 a day from trading fees for over the past 1.5 years, seriously. I could've ignored all of that if it wasn't for the fact that they also have horrendous development. There's a reason this coin didn't moon back in June or May when everything else was, they've made horrible decisions time and time again.

>>14883208
How are you still shilling for this coin?

>> No.14883472

>>14883403
You piqued my interest but just looking at that walls of text looks like you’re trying really hard to FUD
If crypto had taught me anything is to buy low and sell high

>> No.14883572

>>14883472
I'm literally here spoonfeeding you and you're begging for rotten bread from the garbage can outside. Go eat it then and lose all your money, I'll be waiting with the screencaps when they file for bankruptcy. You and that other anon who keeps shilling Coss can sink together. What's the point of even trying to help you people anyways? You don't even want to help yourselves. I wonder how many anons told others not to buy Claymore and got brainlet-tier responses about walls of texts or buy low sell high.

>> No.14883593

Buttube. The extension literally pays you to watch YouTube videos

>> No.14883615
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14883615

>>14883572
Holy Kek
U mad?

>> No.14883648
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14883648

>>14883615
Go buy it anon and post the screenshot

>> No.14883652

>>14883472
Just because a shitcoin is down 80% doesn't mean there isn't another slow 80% bleed from there

>> No.14883668

>>14883196
DAI on Compound.finance

>> No.14883707
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14883707

AMPL

>> No.14883761
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14883761

>>14883208
>>14883403
What happened to COSS since April 2018?
It was originally shilled here at 5c around September 2017. I threw $20 at it as a why the fuck not and got out between $1-2. It worked out pretty nice.
Coss 2.0 was in perpetual beta, then they announced KYC and it crashed pretty hard.
They had that extravagent party
https://www.youtube.com/watch?v=pP7CEkngv34
Then they merged with an Indian exchange and now it's just COS right?

>> No.14883778

None. they're all scams

>> No.14883928

>>14883761
They had trouble updating anything and people slowly got tired.
Probably gonna get a few things wrong here because I stopped following last Novemeber, so my chronology and names are probably off because it became such a clusterfuck in the past few months.

They announced the CFT token (I think what it was called) which basically had the benefits of BNB, and sold it for 10 cents a coin in what was practically an ICO. Then they announced that they'd be merging with some unknown coin called ARAX (which had a lower market cap) and you'd be getting the benefits of both, then they sorta stopped that and kept the name of Coss, and also at some point got rid of CFT and gave that fee reducing bonus to the Coss token, making CFT very likely to be a cash grab to replenish their funds. And, when the realized no one gave a shit about Coss and they hadn't made enough, they went to find other investors to buy them out.

It likewise took a long fucking time to get the API released holy fuck, I remember Kucoin got their's released in like 3 months from open? Coss got their's 2 fucking years after opening and I'm not sure about Binance. I also don't know much about how APIs work since I don't use them, but I did read someone say that the API coss gives isn't even that usable as it should be a la Binance, though not totally sure on that last point.

Basically, the whole company is braindead from the top-down and even the decision to start faking their volume hasn't brought anyone there.

>> No.14884214

>>14883668
this is intriguing but I've been burned in the past. how can I be sure it's legit?

>> No.14884530

>>14884214
It's non-custodial like a DEX so you don't have to worry about them running off with your money. You can get anywhere between 7%-17% APR and it compounds every block. DYOR if you want to know more.

>> No.14884588

NEO, dummy

>> No.14884925

>>14884530
alright I've spent the last hour or so checking it out and it seems pretty legit, thanks for the hot tip anon. I've thrown some DAI into it and we'll see what happens!