Fee sharing exchanges
So while back I once wrote a post of how some exchanges have this passive income option. Where you get a fee shared back to you usually buy holding onto there token.
I am personally invested in Coss, Obits, Adzbuzz, Flyp.me-I still on the edge of buying Bridgecoins. Confused on what I just said-not to worry this post will be talking about those token and more.
The higher rank in my post means I am invested in it and can you give you some guarantee.
1.Coss
COSS pays 50% of their exchange fees (0.2%) in dividends to COSS holders every week. Last time i checked Coss was at $.40 . So it pretty cheap now and could have some good return.
They pay the fee in the tokens. If the token is not Ethereum based you can convert to Ethereum. One way it diversifies but another way locks up your funds.
There is calculator if you wanna check ROI: https://www.cosscalc.com/
What is interesting about this project is compared to other exchanges they plan on adding a fiat option and many pairs on there exchange will get the fiat pairs.
Keynote bc they are adding fiat so you will have to KYC.
Here my ref link if you want to help me out:
2.Flyp.me
Flyp.me, the instant accountless exchange, has launched with 14 cryptocurrencies and shares 50% of the profits with token owners. The exchange is fully working, no need for any registration, email or ID verification: only the user’s crypto address.
Think of flyp.me as shapeshift but with fee share.
Every three months, the Flyp.me exchange will distribute payouts to FYP Token owners in proportion to their ownership of FYP. Last one was Jan 31st.
However based on polls done Flyp.me https://www.reddit.com/r/flypme/comments/8d5838/choose_when_to_receive_your_fyp_payout/?st=jgl21fa3&sh=7aaede47
Flyp.me probably will be doing a monthly basis.
Buy the coins on flyp.me
3.Obits
You can read about obits here:
https://steemit.com/cryptocurrency/@cicbar/obits-great-token-under-radar
So they basically share 50% to token holder like Coss but the difference is it is built on a decentralized exchange and the 50% fee share is converted to bitusd(a pegged usd coin) and shared to token holders, They also make money by transfer, deposit, withdrawal. Every exchange does that-have you ever wondered why withdrawal fee are some freaking high. That why....
However Obits share the profit made by withdrawal fees to token holders.
4.Adzbuzz exchange
This exchange shares fees too. However this exchange shares fees to every trader. Well not in the crypto they reward every trader in the form of bonus credits. Basically say you paid $1 in trading fees well you get paid in $1 in bonus credit yeah they pay the fees in usd. The fees are used to buy passive income assets. For the first 1 million fees made-100% of the fees go back to the users. After that the amount slowly shrinks.
You can read about what you can do with bonus credit here:
https://steemit.com/narrative/@sames/calling-all-narrative-users-there-is-another-service-like-it-called-adzbuzz
5.CryptoBridge DEX
BridgeCoin is the native token of a new and popular decentralized exchange called CryptoBridge DEX.
The native token of this platform, BridgeCoin, is designed to share revenue with its holders and can be bought and sold like any other cryptocurrency And if you are a HODLer of BCO tokens i.e. BridgeCoin, you can stake it and earn 50% revenue share of the CryptoBridge DEX.
Here how to stake: https://coinsutra.com/how-to-stake-bco-on-cryptobridge-tutorial/
They are special bonus for the stalking if you pick longer stake option.
Another cool thing about Bridge is the fact they convert the fee that they share to bitcoin.
My ref link if you want to use it:
6.OKB - OKEx profit sharing token
It basically like Coss but on a bigger exchange. A bigger exchange mean more volume which mean higher fee share. They convert the fees to bitcoins :)
Read about it here:
https://steemit.com/cryptocurrency/@cicbar/okb-okex-profit-sharing-token-with-great-roi-at-current-price
I not a fan of it bc it blocked in the US :(
7.Kucoin Shares
I not personally invested in it. But my friend @fullcoverbetting is. If you have any question i guess ask him...
But kucoin shares i would say is what started of the fee share drama. 😉 Kucoin basically popularized the fee share idea. What I don't like they have a small fee share-15%.
Notable mention
These token do exist but I don't feel are ready aka ico and/or too hard to buy and/or not enough info
Tcash-a decentralized ethereum exchange that will also be built on eos.
Too hard to buy but the team seems active.
Read about it here:
https://steemit.com/cryptocurrency/@outerground/etherflyer-and-tcash-a-decentralised-erc20-exchange-with-a-50-revenue-profit-sharing-token
Cryptopia Shares: That right Cryptopia has there own fee sharing token.
The Price of the Coin are high, but there are only 6300 in existence.
4.5% of all Exchange Trading Fees paid go to Coin owners (If $2 in fee's are paid, then $0.09 of that is given to Coin owners). Cryptopia is a pretty big exchange too not a major but big no matter,
Use this calculator: https://www.cryptopiashares.com/
MERCA: That right Mercatox has there own fee sharing token.
There is hardly any info of it just that based on there crowds post:
With the development of the project, «MERCA» holders will receive dividends (part of the company's profits) in proportion to the platforms income. At the beginning of the platform active promotion will start and will contribute to the rapid development.
Stex: The token of stocks.exchange
Based on there page: https://stocks.exchange/ico
They is some type of dividend just don't know amount.
Deex
A decentralized exchange using bitshares tech.
According to its whitepaper:
The profit in the DEEX ecosystem will be formed from all operations on DEEX
Exchange (commissions for exchange transactions, for entering and withdrawing funds,
etc.). The DEEX Exchange will distribute 30% of the quarterly profit among the holders
of the DEEX.CORE token.
Here the site: https://www.deex.exchange/
EasyDex Portfolio Builder token
EasyDex Portfolio Builder token. Holders of this token will receive sharedrops totalling 50% of the fees collected through deposit and withdrawal of EasyDex crypto assets
https://beta.whaleshares.net/bts-project/@easydex/announcing-easydex-open-beta-launch-fiat-depositwithdrawals-and-trustless-account-recovery-on-bitshares
Here the site: https://easydex.net/
I believe this is the largest list to date of Fee sharing exchanges. I only count those of web clients- without them I doubt the exchange will be much popular.
However this all is NOT investment advice and I am NOT investment advisor, this is just my opinion/list. I am an information giver :)
Image source: https://hackaday.com/2018/01/09/the-348296th-article-about-cryptocurrency/
I have invested in CryptoBridge but I wouldn't do that again. You have to lock your coins for some period to receive fee split. I have locked my coins for one year and that is just too long and that is the reason I wouldn't do that again.
You don't have too but last i heard they give you a bonus the more you lock in but it really not worth it unless the exchange becomes more popular
@sames thx for the complete overview.
I do have KCS and Coss.
Kcs is starting to pay off. I know that I have to enjoy while it lasts. It could be that with the current market that they will discrease from 50 to 40%!
Concerning Coss. Had my first share last week. So now I have to wait that I gathered enough dust to convert to may wallet. Probably I also need to move some Ethereum to hthere!
But if all coins go to the moon. Every dust we gather now could be worth something!
The only problem i have with these is that you need a relatively big investment to see significant returns, i rather invest in coins that look good and do trading... At least until i get rich :-P then i'll invest in these.
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