How to earn $BTM (Three ways)
In this article, I will share with you three ways to earn BTM coins. To implement two of them, you will need initial capital in BTM, however, one way will allow you to start without a single coin! To participate in all three types of earning opportunities, you will need a Bycoin wallet! This is the official wallet of the BYTOM project. Bycoin is a mobile wallet and is available on
(App Store and Google Playstore).
Download Bycoin:
You can download it from the official website Bycoin.im
or install via standard official app stores:
iOS: https://itunes.apple.com/us/app/bycoin/id1442183969?l=zh&ls=1&mt=8
Android: https://play.google.com/store/apps/details?id=io.bytom.bycoin&hl=en
1. Staking (Voting for VAPOR block producers)
As you probably know, the Bytom team solved the notorious blockchain trilemma. An example of this problem is when it is impossible to expand the network without losing any of the three important conditions of Speed, Security, and Scaling. Blockchain projects have long tackled this headache.Bytom found an elegant solution to this. As a part of this solution, the VAPOR sidechain was created, the security of which is guaranteed by the Byzantine Fault Tolerance Protocol (this is a really cool thing), implemented through the DPoS algorithm.Nodes (block producers) are used to keep the sidechain secure, and BTMs are needed for them to run. Now we come to the most important thing: To multiply your coins, you will need to send them to the Node of one of the block producers. You will notice, among the nodes, many reputable brands such as Huobi.
Note: You can revoke your coins sent to the Node (if the need arises) after 20 days. They will stay in the node for 20 days, and after 20 days you can pick them up at transaction speed (very fast). If you are not collecting coins after these 20 days, you can immediately do so later at any time. As long as the coins remain in the Node, they generate BTM for you.
Full list of nodes: https://staking.bymov.io/staking
or here https://vapor.blockmeta.com/nodes
2. BYCOIN wallet affiliate program
Bycoin wallet has an affiliate program «Bycoin Partnership, Make the Future». You only need to send your referral link to new users! All partners will receive permanent dividends in the amount of 10% of the commission from the trades of your referrals in the three exchange protocols FlashSwap, MagnEX, SuperTx.
The functionality of the wallet is constantly expanding and new coins are frequently added. Take a look at how many people have already earned from this:
Note: Earnings from the previous month will be calculated on the 20th of each month and automatically sent to the Bycoin wallet.
3. Liquidity mining
(liquidity pools of the SuperTx protocol)
To receive BTM rewards, you can place your coins in the liquidity mining pools of the SuperTx trading protocol.
The Bycoin wallet has the capability to exchange (trade) your coins for stable coins or other coins (the list will expand). As a result, you have the opportunity to send your coins to the pool and receive rewards every day for keeping your funds in the liquidity pool.
Note:
1) Keep in mind that you need a couple of different coins to send funds to the pool! Take a look at the "Deposit" section and see the list of available pairs.
Let's say you have selected a pair of BTM and LTC:
If you have LTC, then you also need to send them to the pool and the amount of LTC coins in dollar terms must be equal to the amount of BTM in dollar terms.
If you only have BTM, you can very easily exchange part of the BTM for a coin paired with which BTM will generate profit in the pool. The exchange can be carried out directly in the wallet using one of three exchange options.
2) You can withdraw funds from the pool at any time, they will instantly appear in your wallet. This was a summary of the available ways to increase your BTM, but you may have further questions.
We are waiting for you in the telegram group of the Bytom project: https://t.me/BytomInternational
