Spotlight on Poloniex Contest: Earn Cryptocurrency on Poloniex Exchange

Cryptocurrency isn't only about buying low and selling high or trading, it is now more about earning and investing, and Poloniex has created a lot of ways for their customers to earn and make profits on their investment. With Poloniex, you can trade and you can earn. In this post, I will be sharing the various process in which users can earn on Poloniex.

Referrals

Enough is never enough when it comes to business and Poloniex is going to be rewarding users for introducing friends and families. With Poloniex Referral program, both the referral and the person referred win making it a win-win game. The referral gets 20% of the person referred trading fee while the person who is referred gets a 10% back on their transaction fees.

All that needs to be done is share the referral code to friends, family, loved ones and every other place, when people sign up with their referral code, the referral starts to earn 20% of the trading fee of the person referred and the referrer can earn up to 5000 USDC. You can read more about the referral terms in this link

Lending

Poloniex is a home to earn passive income while you allow your coins/tokens work for you. One way to let your coin work for is by lending it to traders who want need to leverage coins for margin and futures trading. You will be in charge of deciding the coins you want to lend out, the amount, the time you are willing to lend it out and how much you will be charging the borrower. To understand how lending works, you can read the article by clicking on the Poloniex support page

Hodl and Earn

Poloniex has had several earning program and currently, it is rewarding users for holding INJ coin which will give an annual APR of 50% (incredible). All users have to do is deposit and hold at least 2 INJ and hold for four daily snapshots after which users start earning rewards after the campaign ends. The campaign started on the 5th of December 2020 and will last till the 19th of November 2020.

To understand more about the campaign, when rewards will be distributed and the terms, you should read about it here

Futures Tournament Trading

Futures Tournament trading is another interesting way to earn rewards when users trade new futures contracts so as to be eligible to win. Winning will be sharing a reward pool of 15,000 USDT in prize. The newest futures contracts in the tournament game are YFI, UNI and LINK.

The tournament is something you should check out, so you can read more about it in the link

Bitcoin x TRON Net Deposit Campaign

This is a relatively new campaign also on Poloniex which has to do with depositing bitcoin on Poloniex for the next 30 days so as to earn an annual ROI of up to40%. The campaign will last from Oct 26th to Nov 25th.

You can read more about the Bitcoin x TRON net deposit campaign in this page

My Thoughts

With Poloniex there is more to trading and that is earning either in form of investment returns or in form of campaigns. Poloniex is the home for cryptocurrency.

---

---

To Be Continued...

---

---

Thanks for taking time to read through my post, I will appreciate your comments and will like to see you sign up to Poloniex if you haven't. In my next post, I will be sharing more about Poloniex.

---

---

All Images are are photos and screenshot from https://poloniex.com/ except stated otherwise in the post.

---

---

You should read my previous post about Poloniex below

Spotlight on Poloniex Contest: The Legendary Crypto Asset Exchange

Spotlight on Poloniex Contest: How Deposit and Withdrawal Works on Poloniex

Spotlight on Poloniex Contest: Features I will Like to See on Poloniex [Part 1]

Spotlight on Poloniex Contest: What You Might have Missed Not Reading Poloniex User Agreement