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Coinex - Dividend Paying Crypto Exchange

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Axiantor
Traffic Value: $14,813.95087 Portugal
2 like this post 0 people
02/08/2018 07:14
@Quilhos

You just hold CET and do nothing. Dividends are paid around 1a.m to 2a.m. UTC time.
Nice to see Portuguese folks on Coinex wink

@SijoCJ


You have two ways of getting CET:


1. You Buy CET on one of the 4 CET markets available on Coinex.


2. You trade-mine. What's trade-mining? Coinex is paying CET on daily basis to all Coinex users based on their trading volume as long as you don't use CET as a fee (50% discount if you do). The more you trade the more CET you get. In order to be eligible for CET trade-mining airdrop you have to already own CET and lock them (lock button) and verify your account.



Note that you don't need to verify your account just to receive dividends.
Axiantor
Traffic Value: $14,813.95087 Portugal
1 like this post 0 people
02/08/2018 07:20
Coin burning information:

Dear CoinEx users:
 
According to the applications of CET, we have repurchased and burned 30,195,981 CET in total for the SECOND time on August 1st, 2018 (UTC).
To address: https://etherscan.io/tx/0x42c5dea614e2aa1ea441f09a0d79bc30d2c4f95668c43a0324249c7f05017c00
After repurchase, the total circulating amount of CET is 9,931,950,470.
 
At the end of each month, CoinEx will continue to buy back and burn CET with 20% of our MONTHLY profit.
Hans1s
Traffic Value: $13,419.4675 Netherlands
2 like this post 0 people
02/08/2018 13:33
Dear CoinEx users,



During the “Trade-driven mining” period, CoinEx will allocate 80% of our transaction fee revenue as dividends to CET holders. When the mining period ends, all 50% of the total CET supply for free allocation will be distributed and in full circulation. To guarantee the sustainable development of CET and interests of CET holders, we decide to release a long-term dividend allocation plan by which CET holders will continue to receive dividends after “Trade-driven mining” ends. 80% of our total revenue will be allocated to CET holders and the remaining 20% is kept for CoinEx development and daily operations. The arrangements are as follows:



1. Ratio: 80% of CoinEx’s total revenue from all features will be allocated to CET holders as dividends;
2. Frequency: Every month;
3. Allocation: 80% of CoinEx’s total revenue will be used to repurchase CET from the secondary market and allocated to qualified CET holders proportionately. If your CET holdings are on CoinEx, we’ll allocate the dividends directly to your accounts or otherwise, to your CET wallet addresses elsewhere. The locked part in CoinEx team’s 50% out of the total supply is qualified for dividend allocation as well.



We will then cancel the current policy to repurchase and burn CET with 20% of our monthly trans fee revenue.



The above dividend allocation plan will go effective in the first month following the end of “Trade-driven mining”. Please refer to further announcement.



CoinEx reserves the final rights of explanation for this dividend allocation plan.


Follow us & Stay tuned

CoinEx will keep you updated on our website, official announcement, APP, Facebook, Twitter, Telegram, Reddit, in our apps and via email.

_------_-----------------------------------------

So after the "mining" they wil only distribute dividends once a month. Not sure if it will be 80% profit from the whole month. But once a month is nice, will be "big" profit once a month.

And no more new coins. This will become big or a big fiasco. Either way I took a (small) "gamble" and lets see how it will turn out.
Axiantor
Traffic Value: $14,813.95087 Portugal
2 like this post 0 people
02/08/2018 13:41
Thanks for your interest Hans1s.

You can check on your post "we decide to release a long-term dividend allocation plan by which CET holders will continue to receive dividends after “Trade-driven mining” ends. 80% of our total revenue will be allocated to CET holders and the remaining 20% is kept for CoinEx development and daily operations."

So dividends are lifetime. They are always 80%. This why the risk on this one is quite low because will have dividends guaranteed monthly for life. We are not talking about small players. Coinex is a huge player on the crypto world.
Axiantor
Traffic Value: $14,813.95087 Portugal
2 like this post 0 people
02/08/2018 13:59
Additional info:

The trade-mining event will last around 1 more year according with the following:

When the total amount of released CET from "Trade-driven Mining" method reaches 1.8 BILLION, CoinEx will readjust and halve the daily targeted mining yield from "20 MILLION CET" to "10 MILLION CET" for the FIRST time - expectedly in September, 2018.

When the total amount of released CET from "Trade-driven Mining" method reaches 2.7 BILLION, CoinEx will readjust and halve the daily targeted mining yield from "10 MILLION CET" to "5 MILLION CET" for the SECOND time - expectedly in December, 2018.

Another 6 months with 5 Million daily airdrop makes the rest event last 1 more year.

Plenty of time to harvest coins or increase your CET from lifetime dividends.
unthink
Traffic Value: $9,606.72522 Portugal
2 like this post 0 people
02/08/2018 23:47
So basically CET is a trading company that will share montly revenues to coin holders. Isnt that the same as a "stock"? I always had this idea in mind since crypto came out. Why not build a coin (to raise a fund), build a real company with that fund and then share dividends from this company to coin holders? Easy way to get a fund to build a business wink
Axiantor
Traffic Value: $14,813.95087 Portugal
2 like this post 0 people
03/08/2018 07:24
Correct unthink!

If you see Coinex as the company your CET holdings would be stocks. But stocks paying 0.49% daily is quite a stock!


Axiantor
Traffic Value: $14,813.95087 Portugal
1 like this post 0 people
03/08/2018 07:25
Today's dividend:

SijoCJ
Traffic Value: $892.42899 India
2 like this post 0 people
03/08/2018 07:31
I bought my 200 coins
unthink
Traffic Value: $9,606.72522 Portugal
1 like this post 0 people
03/08/2018 11:46
@Axiantor

How many coins you have? and what is your daily earnings? (in $ pls) and ofc that those earnings can be different depending on price fluctuations?

edit: You receive 100$ daily? shocked
Axiantor
Traffic Value: $14,813.95087 Portugal
1 like this post 0 people
03/08/2018 13:41
Slightly more yes devil
Axiantor
Traffic Value: $14,813.95087 Portugal
1 like this post 0 people
03/08/2018 13:46
New event:

Banyan Network Trading Contest: 1 MILLION BBN Airdrop to BBN Buyers

To thank you all for the support, Banyan Network decided to restart a trading contest and give away 1 MILLION BBN to its buyers in CoinEx.
 
Duration: 8:00 August 3rd to 8:00 August 11th, 2018 (UTC)
 
During the promotion, CoinEx users have a chance to share 1 MILLION BBN based on your BBN net buying volume (calculated in USD value) in the period:
NO.1: 60,000 BBN
NO.2-4: 30,000 BBN per account
NO.5-10: 15,000 BBN per account
NO.11-20: 7,500 BBN per account
NO.21-50: 3,000 BBN per account
Aside from TOP 50, CoinEx will give away the rest of the BBN among all other BBN buyers, in proportion to their BBN net buying volumes.


Other ongoing events:

1. Coindy world premiere: 10 MILLION CODY Airdrop to CET, CODY holders & CODY buyers
2. THPC world premiere: THPC Airdrop to CET holders & THPC traders; Plus FREE Porsche
3. Mass Grid Online: 500,000 MGD Airdrop to CET holders & MGD traders
4. Egretia Online: 2 Million EGT Airdrop to CET holders & EGT buyers
alva5763
Traffic Value: $264.40909 Turkey
1 like this post 0 people
03/08/2018 13:51
I have been watching the site. I do not know where they mention the daily dividend but the value of cet dropped 9.88% against btc yesterday. How do you make profit?
Axiantor
Traffic Value: $14,813.95087 Portugal
1 like this post 0 people
03/08/2018 15:35
The CET price fluctuates up and down as any other coin. What differentiates CET is that it keeps paying dividends so it has intrinsic value. There's always a good opportunity for investors outside to pop in because of offered daily dividend % is very high. This is not an Hyip. It pays CET holders the fee from traded volume. There's a very detailed information on the harvest fees for each coin.

There are a lot of strategies.

This is what I do:

If there is a down trend I keep my dividends. When I see an inversion on the trend I buy more CET with those dividends.
If there is an up trend I sell at the "top". Check indicators.

Additionally you can just hold CET and withdraw dividends or reinforce daily your CET position by buying daily.

For example if you compare CET with BNB by market cap the value of CET comes at 0.30 USD. 5 times the current value. And CET had additional value as it pays dividends which BNB does not.

This is a long term investment for me considering the roadmap of CET. I don't just follow profit. I follow big multiplication factor over my initial.
unthink
Traffic Value: $9,606.72522 Portugal
0 like this post 0 people
03/08/2018 17:59
So how much you invested?

You need 10k coins to be able to receive dividends right?
klemen50
Traffic Value: $5,893.23193 Slovenia
0 like this post 0 people
04/08/2018 08:25
"You need 10k coins to be able to receive dividends right?"

No, you don't need 10k CET. You receive dividends no matter how much CET you have.
Axiantor
Traffic Value: $14,813.95087 Portugal
0 like this post 0 people
04/08/2018 20:26
Correct!

Guys I won't be posting at weekends.

Back on Monday. Happy earnings.
richiem
Traffic Value: $680.27326 Philippines
1 like this post 0 people
06/08/2018 06:09
You need at least 100 CET to receive dividends.

Min deposit for BTC is 0.001
Axiantor
Traffic Value: $14,813.95087 Portugal
0 like this post 0 people
06/08/2018 07:39
Today's dividend:

Axiantor
Traffic Value: $14,813.95087 Portugal
0 like this post 0 people
06/08/2018 15:40
New event:

Seele Online: Trade & Share 500,000 SEELE

Deposit SEELE & Get CET
From 4:00 August 4th to 4:00 August 11th, 2018 (UTC), deposit 1000 SEELE and get 1 FREE CET. The more you deposit, the more FREE CET.
During the promotion, we will give away a total amount of 500,000 CET. First come, first served.

 
Attention
1. SEELE withdrawal is NOT available during the promotion and will be resumed after 4:00 August 11th, 2018 (UTC).
2. CoinEx may end the promotion in advance after giving away all FREE CET.
3. Please pay attention to the coin name before making any deposit in case of any unnecessary asset loss.
4. Coins/tokens purchased via trading or Inter-user Transfer doesn't count as "Deposit" and are NOT available for Deposit promotions.
 
500,0000 SEELE giveaway for SEELE traders
From 12:00 August 4th to 12:00 August 11th, 2018, 2018 (UTC), CoinEx users have a chance to share 500,000 SEELE based on their SEELE trading volume in the period:
No. 1: 60,000 SEELE;
No. 2: 30,000 SEELE;
No. 3: 20,000 SEELE;
No. 4-10: 10,000 SEELE per account;
No. 11-20: 5,000 SEELE per account;
Aside from TOP 20, CoinEx will give away the rest of SEELE among all other SEELE traders, in proportion to their SEELE trading volume;
Qualification: Users with MORE than 500 USD worth of SEELE net buying volume are qualified for the promotion.
The promotion is ONLY available for transactions that activated "Use CET as fees" and used CET as actual transaction fees.
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