Bibox
I have always been a fan of exchange coins, for the last 7-8 months I've been holding CEFS (Cryptopia Fee Shares) and KCS (KuCoin Shares), I don't have a lot of money so the returns I got were essentially dust and didn't cover the money I lost in the depreciating crypto market.
But, now I've sold all my CEFS and KCS for BIX, the token of the Bibox exchange! "Why" you may ask?
Well, for a start, they have nearly 1000x the trading volume of Cryptopia, and just under 100x the trading volume of Kucoin!
That's not even the best part.
Instead of offering a measeley 10% ROI like KuCoin, or an even measlier 4% like Cryptopia, thanks to its huge volume and the fact that they share 45% of their earnings with token holders means BIX currently offers 95% APR:
With such high returns, is there a chance that this is Bitconnect v2?
I'll be honest with you all, at first I did have my doubts about this site, and the returns you can get from BIX. But you have to bear this in mind:
- The website owners will be majority shareholders of BIX, meaning it's not like they're just giving away half their earnings.
- The volume that they trade means it is perfectly reasonable to expect that they do have this kind of money available to give away, which they will because this coin has likely made Bibox very popular.
- If trading fees go down, you can expect to see fewer earnings.
- If volume goes down, you can expect to see fewer earnings.
- If the rewards share goes down from 45%, you can expect to see fewer rewards.
- Legitimate, long-term money from trading fees is much better than a fraudulent lump sum.
Consensus:
Not a scam, but don't expex 95% APR forever!
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