Wodl

Hi, dear cryptokings and experts of trading!👋😎
Hope, the trade is excellent.💻💰💵
There are a lot of different suggestions, tips and know-hows about making money on Binance: #learn2earn ; #Write2Earn ; trading which about You can find in Trading Tales
One of them considers to gain a Binance points through task centre and daily login in rewards hub. 🎁🎁🎁
But how real is it? 👽 And how much can You earn using only this method? 😭 Or, in particular, how much will be the share of this method in total earned money? 😵
Well, let’s assume that You daily log in the system on regular basis and do some tasks which then are being rewarded with points. Thus, we will have:💻💻🤑
Daily login in rewards hub: 7+3=10 points per week
Daily login in task center: 7+3=10 points per week
Doing one-two tasks in task center per day: (1…2)*7=7…14 points per week
In total You can earn 10+10+(7…14) =27…34 points per week
Add to that points those that You earn via #wodl : world of the day quizz.
How much can You get through the last one? Well, You need to solve at least 5 words per week to be eligible for rewards. Usually, at least 100K people participate to the pool, and the pool has maximum 500K points rewards. If we consider that each participant including You solves at least 5 words per week then we have (500K/100K)=5.
But You can multiply this result because each participant can solve 1-2 words per day, assuming You can get maximum 10 points per week. Thus, we have additional 5-10 points.
Then totally You, me, i.e. simply we, can get (27…34)+(5…10)=32…44 points per week. Let’s take some average value: 38 points per week /(32+44)/2=38/. Or 40 points to make calculations easy.😉
Ok, but how can we turn them into real money?💰💵$BTC $USDC
Go to the rewards hub. 🎁💰 There You will see vouchers for trading rebates and for spot. If You are not active trader, then You may prefer spot vouchers which start from 2 to 15 dollars. 💵💵💵 Accordingly You need to have 200-1500 points to activate these vouchers.
In the year we have 52 weeks.😉 Thus, we will have 52*40=2080 points earned per year.
If You choose 15 USD vouchers, then You will get (2080/1500)*15=20.8 USD, in real conditions You can activate one 15 USD voucher per year because once You activate one 15 USD voucher with 1500 points from 2080 You will have only 2080-1500=580 points which can be used to activate 5USD voucher, or just wait another one week for additional points to activate 2 vouchers each with 3USD nominal value. In total we have (15+5)…(15+2*3)=20…21 USD per year.
If we choose 2 USD vouchers then we have 2080/200=10.4 vouchers which means 10*2=20 USD per year. But these You can activate after gaining every 200 points and You have not to wait until the end of the year. In the other case You have to wait 3 more weeks to gain additional 120 points and get ((2080+120)/200)*2= 22 USD per year.
In banks assuming APR 10%, revenue tax at least 10% and investing at least 100 USD deposit You can earn (100*10/100)*0.9=9 USD and here on Binance You earn 20 USD without initial investment. Hurray! Congrats, my friends!🎁💵💰🎁🚀🔥
P.S.: The recent data about annual rate of return for 12-month bank deposits are 1.77…2.52 % or average 2% in U.S., 1.78...3% in Europe and 2.7...7.25 % for Asian countries, approximately 2% in Beliz, >28% in Argentine, 25% in Egypt, 1...1.55% in China, 21% in Russia.
And dividend tax is much more higher than 10%, e.g. 10...37% in U.S., 5...19...30% and even more in Europe, 13%/30% in Russia (residents/non-residents), 1.04...22.5% in countries of Latin America, 10...20% in Asian countries, 10...15% in African countries.
P.P.S.: The brought data can slightly vary from country to country and depending on currency, bank politics, country's financial politics.
P.P.P.S.: Unfortunately, recently the #TaskCentreRewards are not active and it is at least the second day that it is impossible to get reward points from daily login in #TaskCenter . Hopefully, there are some improvements and changes in Task centre at current moment and after this improvements everything be OK and will work again.
Have a good luck!👍😎👍