How Newcomers in the Crypto World Can Earn Their First Bucket of Gold from 3000 Yuan
Liquidity Mining: On decentralized exchanges like Uniswap, users can stake Ethereum and certain ERC-20 tokens into liquidity pools to receive platform token rewards like UNI, while also earning a share of the transaction fees generated. Annualized return of 29% + 2 TRX energy leasing: By staking TRX, users can monetize idle assets, typically through the official website of Tron or specialized energy leasing platforms, such as TRX2 Rapid Energy Leasing Platform and Flying Fish TRX Energy Leasing Platform. After logging into the relevant platform, users select a leasing plan, input the amount of energy they wish to lease, and pay the corresponding TRX rent to complete the lease. Annualized return of 20% + Contract Funding Fee Arbitrage: Arbitrage between different contracts of the same cryptocurrency.
· Choose Contract: Select different delivery period contracts of the same cryptocurrency on the same exchange, such as perpetual contracts and weekly delivery contracts, or similar contracts on different exchanges.
· Assess Funding Rate: Compare the funding rates of different contracts. When the funding rate of the perpetual contract is positive and significantly higher than that of the weekly contract, it indicates that the party long in the perpetual contract needs to pay a higher funding fee to the short position, and vice versa.
· Execute Operation: If the funding rate of the perpetual contract is positive and high, go long on the weekly contract while shorting the perpetual contract. Upon expiration of the weekly contract, close the position at the agreed price and obtain profit based on the difference in funding rates. If the price difference between the two contracts narrows by expiration, together with the funding fee income, arbitrage can be achieved.
Utilizing Multi-Currency Contract Arbitrage.
· Analyze Market: Observe the funding rates and price trends of different cryptocurrency contracts to find pairs with high correlation but differing funding rates, such as Bitcoin and Ethereum contracts.
· Build Portfolio: Assuming the funding rate for Bitcoin perpetual contracts is high and for Ethereum is low, go long on the Bitcoin perpetual contract and short on the Ethereum perpetual contract.
· Risk Hedging: Given that the prices of the two cryptocurrencies have a certain correlation, when the overall market fluctuates, the price movements of both can hedge risks to some extent. If the funding fee earnings from Bitcoin can cover the potential losses from the Ethereum contract, and the price difference changes as expected, arbitrage profits can be obtained.
These days, I am preparing for the launch of a great opportunity!!!
Comment 33 to get on board!!!
No constant brings!!!
