What revenue option newbie s choose from HTX

Answered at Nov 03, 2024

Revenue Options for Newbies on HTX

HTX offers several revenue-generating options for newcomers in the cryptocurrency trading space. These options are designed to cater to both novice and experienced traders, providing opportunities to earn through various means.

1. Trading Discounts and Benefits

  • Low Trading Fees: HTX provides competitive trading conditions with fees as low as 0.01% for certain trades. This is particularly beneficial for beginners who are cautious about incurring high costs (TradingView).

  • Membership Benefits: Users can access up to 25% discounts on trading fees by enabling $HTX deductions. This feature makes HTX an attractive option for those starting in crypto trading (TradingView).

2. Staking Opportunities

  • Staking for Passive Income: HTX offers staking on 13 different assets, with annual percentage yields (APYs) ranging from 3.3% to 20%. This allows users to earn passive income by simply holding their cryptocurrencies on the platform (CoinBureau).

  • Assets Available for Staking: Some of the assets available for staking include SCRT, NEAR, BTT, AVAX, and more. This variety provides flexibility for users to choose based on their preferences and risk appetite (CoinBureau).

3. Educational Resources

  • Comprehensive Guides: HTX provides educational resources, including market analysis and trading guides, to help users make informed trading decisions. These resources are particularly useful for beginners looking to improve their trading skills (TradingGuide).

  • No Demo Account: While HTX offers extensive educational materials, it does not provide a demo account. Beginners should be aware of this limitation and may need to practice with small amounts initially (TradingGuide).

4. HTX Primepool

  • Unique Earning Feature: The Primepool feature allows users to lock their assets to receive free airdrops. This can be an exciting way for beginners to earn additional tokens without extra investment (CoinBureau).

5. Crypto Loans

  • Borrowing Against Collateral: HTX offers crypto loans, allowing users to borrow against their crypto holdings. This feature can be useful for those who need liquidity without selling their assets. However, it requires passing KYC verification (CoinBureau).

Conclusion

HTX provides a range of options for newcomers to generate revenue, from low trading fees and staking opportunities to educational resources and unique features like Primepool. These options make HTX a versatile platform for those entering the cryptocurrency market.