Hey Reddit! Today, I want to share something interesting I recently stumbled upon while exploring new crypto strategies. I’ve been involved in the crypto world for a few years, always on the lookout for methods that actually deliver results. After diving into some discussions in a private crypto community, I came across a method that really piqued my interest. In just one day, I managed to earn close to $100 with minimal effort. It doesn’t take much time, and I quickly realized this was something worth sticking with. Essentially, we’ll be earning 0.25% per transaction on the IOST network using their native coin.
Step-by-Step Guide:
- Buy USDT on the exchange and swap it for IOST on the spot market.
- Go to your account, select IOST, click Deposit, and copy your memo.
- Then go to the Withdraw section, select IOST, and fill in the following details:
- Address (here, we use the developers’ test address: blocktest)
- Memo (use the memo you copied earlier)
- Network: IOST
- Execute the transaction, and wait about 10 minutes. Your transaction will return with a bonus.
- Repeat the cycle.
Important Notes:
- Rewards are received in IOST, not USDT.
- The price of the coin can fluctuate, so it’s important to know when to buy and sell. For those who are holding long-term, like me, you can just accumulate IOST for future sales.
- This method works on Binance and MEXC; I’m unsure about other exchanges.
- You don’t have to follow my exact example. You can start with as little as 50 IOST and gradually earn more—better than nothing.
If you need help or a more detailed guide, feel free to reach out!
Here are a few examples of my transactions:
https://preview.redd.it/0w57hx6200od1.png?width=1290&format=png&auto=webp&s=33658c720565cd36156ce5ae1dc60cd1e30e00cd