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Description

Users of Cryptonex have the opportunity to earn profits through cloud mining, which offers an annual return of 12.11%. Out of this total, 1% serves as a bonus added to the initial deposit, while the remaining 11% is generated from P-o-S mining activities. It's important to note that this profit calculation excludes any potential appreciation in the value of CNX. To start earning rewards from cloud mining, users must register and purchase CNX in the "CNX exchange" section, with deposits being automatically allocated to the cloud mining service. Each deposit is locked in for a duration of one year, during which users will receive a 1% bonus on their deposit amount. Income from the cloud mining deposits begins accumulating from day one, and users have the freedom to utilize the mined coins as they see fit. Furthermore, CNX cloud mining benefits from the backing of bitcoin mining, as Cryptonex invests in bitcoin mining equipment using funds obtained from CNX sales, which are held for a year. This strategic approach not only facilitates the recovery of investments but also ensures a steady income stream for participants. As a result, users can enjoy both the benefits of mining and the potential for increased asset value over time.

Description

Crypto-backed lending and asset management offer immediate financial solutions through blockchain technology. A significant issue within the cryptocurrency landscape has been apparent for a while: spending digital currency now can hinder holders from capitalizing on the potential future appreciation of their assets; investors who acquire assets at lower prices must retain them to reap the rewards of selling at higher prices. This is precisely where MoneyToken comes into play. The MoneyToken platform enables users to quickly secure liquid funds by leveraging the current worth of their cryptocurrency holdings. By taking out a crypto loan secured with more volatile assets, such as Bitcoin or Ethereum, borrowers receive a predetermined amount in a stable currency. Once the loan is repaid, the borrower retrieves their full collateral, even if its value has significantly appreciated. With MoneyToken, individuals can address their immediate financial needs without sacrificing their cryptocurrency investments, effectively allowing them to have the best of both worlds. This innovative approach not only provides liquidity but also empowers investors to maintain their long-term positions in the rapidly evolving crypto market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Koinly

Integrations

Koinly

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Cryptonex

Founded

2017

Country

United Kingdom

Website

cryptonex.org

Vendor Details

Company Name

MoneyToken

Country

United Kingdom

Website

moneytoken.eu/

Product Features

Alternatives

Alternatives