No one would argue with you if you said the cryptocurrency market is exciting. It is exciting. It’s also a volatile place to invest your hard-earned money. If you want to play in crypto but avoid extreme volatility, it doesn’t mean you have to stay out of the cryptocurrency game altogether. I mean, the future may very well be in digital currencies, and with so many to choose from in the market, this risky investment could make you a bundle.
That said, if your stomach can’t handle the ups and downs of trading cryptocurrencies through places like Coinbase, there’s another way you can earn money without selling the digital currency you already own. Sure, you could invest in non-fungible tokens in the crypto space in hopes that your investment will go up in value, and that play could be something you want to add to your portfolio. But what if you could earn interest on your Bitcoin and USDC and still retain ownership? Companies like Trailanx make earning interest on your cryptocurrencies possible.
What Is Trailanx?
Maybe you’ve heard of BlockFi, where you can hold digital currency in a crypto wallet for trading or earning interest. If so, you need to know about Trailanx, a similar but smaller and versatile company that provides the same services as the crypto lending giant but with more options.
A couple of entrepreneurs in Singapore and Estonia started the new fintech company to give investors in the cryptocurrency community a means to make money on their investments without trading.
How the Trailanx System Works
When you deposit your cryptocurrency into Trailanx, the system allocated funds to its different arms using an in house analysis method. Below we talk about Loans, Cryptocurrency mining and Staking which form the core of the Trailanx business.
Loans
Trailanx loans out the coins to corporations that might not otherwise be able to get a crypto loan. For this privilege, it charges the companies and other loan recipients an interest rate just like any bank would for a loan. Then Trailanx passes some of that interest to you as payment for allowing it to loan out your position.
Cryptocurrency Mining
Trailanx Mining division owns some of the worlds largest Mining Farms in Kazakhstan and Russia. Trailanx choses cold regions for its mines to reduce its cooling costs to the barest minimum. A strategy that major miners also use to increase profits. Mining farms and overhauled every 15 months and replaced with newer machines. Partnerships with major miner manufacturers have helped the growth of Trailanx.
Staking
Trailanx states that 30% of its funds from a recent interview with the ceo – Michael Ping at the 2021 bitcoin Miami event are invested In Staking.
You may think of staking as a less resource-intensive alternative to mining. It involves holding funds in a cryptocurrency wallet to support the security and operations of a blockchain network. Simply put, staking is the act of locking cryptocurrencies to receive rewards.
How to make money on Trailanx?
- Sign up to their website https://trailanx.com.
- Make a bitcoin deposit.
- When your deposit reflects.
- Proceed to the Earn section, select an investment product and invest
- When your earnings accumulate up to 50$, if you want to make a withdrawal. Click withdraw now, provide a bitcoin address for withdrawal and your withdrawal will be processed in 24 hours.
Trailanx is a safe and secure investment platform backed by some of the worlds biggest Firms. It a legit way to earn good income on the side for those new to the cryptocurrency industry.