September 7, 2023
Greetings my crypto-enthusiast. Today we are going to discuss a new earning scheme with 0.7% per round.
All you need is 2 exchange accounts, which must be verified and an available deposit on one of them.
(for example, in the guide is chosen all available amount of $100, the decision with what volume you are comfortable and interesting to work with you take on your own)
BUYBIT Huobi
If you don't have registered accounts on these exchanges you will need to do so. There are many videos on YouTube on how to register and verify accounts. This is the first and main stage of preparation for work.
On average, it will take about 30 minutes to register and verify accounts.
After successful registration and verification of your accounts, we need to top up our balance ONE of the exchanges, from which we will start working. The coin we will need to work with is USDT. Classic stablecoin price of which is 1:1 to the dollar. 1 USDT = 1$
1. If your USDTs are on a third-party exchange, you can use a standard onchain transfer from exchange to exchange.
2. If you have funds on your card, you need to top up the exchange in fiat currency and buy USDT or use P2P.
After a successful top up we are ready to get to work.
Scheme description
In this bundle we earn on the conversion of coins within the network. The main asset we work with is EOS. EOS is the main coin of the EOSAuthority blockchain, traded on exchanges since 2015
https://coinmarketcap.com/currencies/eos/
What makes EOS special is its transfer system - it is not the standard wallet address transfer that exchanges offer. The subnetwork address (Binance, ERC20, TRC20, BSC) and EOS Memo are used to transfer assets within the network. Our task is to realise the transaction through the seed smart contract address of the EOS blockchain (eosbcontract). During this transaction, your funds pass through the blockchain and the project rewards you as a user of their network. In the "Address" field you enter the primary (eosbcontract) address of the subnet you want to transfer and in the "Memo" field you enter your EOS Memo, which is the EOS account ID of your account. The coins are deposited into your exchange account at a 0.7% yield.
Within the EOSAuthority core network, the fee for converting coins between subnets is always 0.08-0.1 EOS (≈0.06$). By making transfers through the smart contacts of the subnets of this project, we can earn income in EOS coins. If you are familiar with Airdrop, this type of earning is more like retrohunting.
How is it work?
For start, USDT must be on a Huobi/BuyBit spot wallet.
I will start with Huobi exchange, the mechanics of the procedure are identical, so you can start with either Huobi or BuyBit
1. The first thing to do is to buy EOS coin with our USDT. To do this, go to the markets section. Open the trading pair EOS/USDT and buy on the market order. Click buy and confirm the order.
The main parameters are circled on the screenshot.
2. Once we have purchased EOS on our HUOBI account, we can proceed to the first transfer.
To do this, we need to copy the MEMO wallet ID on our BuyBit account, where we will send our funds.
Go to the "Assets" section and click on "Deposit" and select EOS Coin (On BUYBIT exchange).
Copy MEMO BuyBit account, you can save it to yourself if possible, that would not waste time next time.
3. Having copied the Memo address of the BuyBit account, we return to the Huobi exchange. In the third point, our task is to transfer EOS from Huobi to BuyBit.
To do this, go to "Assets" and click "Withdraw", EOS coin and transfer view as circled in my screenshot. Enterprise Operation System EOS
Withdrow using Blockchain Address
Fill in the data for inter-exchange onchain transfer. Make a transfer using the MEMO identifier using the primary address of the EOS blockchain smart contract (eosbcontract), during the use of which you will be credited your income from each transaction in the amount of 0.7% in EOS coin.
You can not lose money because you write your own MEMO, do not ever enter someone else's MEMO, so you risk losing your money! Scammers often say that you need to enter the MEMO of the exchanger. Do not trust!
Transfer completed, coins will arrive to your BuyBit account within 3-8 minutes.
Funds were transferred to BUYBIT with 0.7% yield
4.Repeat the same operation, but now send our EOS from BuyBit exchange to HUOBI exchange. To do this, we will also need to copy the address of the MEMO wallet ID on the HUOBI Exchange, to which account we will make the transfer.
Go to "Assets" and click on "Deposit".
Also search for EOS Coin.
Select the network we need.
Copy our MEMO address on the HUOBI exchange, we can also save it somewhere.
5.Having copied the EOS MEMO address of our account on the HUOBI exchange we return to the BUYBIT exchange where our EOS coins are now located.
We transfer EOS to HUOBI exchange.
Go to the "Assets" tab and click "Withdraw".
Also in the search find EOS coin and choose the network we need.
Fill in the data for onchain transfer. Make a transfer using the MEMO identifier using the primary address of the EOS blockchain smart contract (eosbcontract). Make an identical transfer by inserting the copied MEMO of our HUOBI account.
Transaction has been sent, awaiting credit.
As we see coins arrived to us on the exchange HUOBI as well with +0.7% in coins.
- In such a simple way we earned +1.4% to the deposit in 20 minutes. After that you can transfer coins between your accounts again, increasing your deposit.
- There is no risk of losing money, as you work within your accounts
Your earnings directly depend on the amount you work with and the number of transfers.
- You can test any amount (min 11 USDT), the transaction from one of your exchange accounts comes to the second one with 0.7% bonus in EOS coin.
- 21-30% of earnings per day on this scheme can be done in 3 hours of dedicated time.
❌ I recommend not to spin at night and early in the morning, as the network is overloaded by Western arbitrageurs, and there may be delays.