Instant exchange with a profit sharing token - The ultimate HODLer

The next generation of investment in cryptocurrency is profit sharing. The first investment in flyp.me was the first look at this as it is an instant exchanges with a profit sharing token. This is an amazing opportunity to not only earn from being a HODLer, but also being given more tokens regularly for holding those tokens. This blog post will identify potential long term investments in profit sharing tokens as well as providing an update on investments.

Staking provides an opportunity to gain additional tokens and coins. This requires you to keep your wallet open but some require quite a large number of tokens to be part of the process. An obvious benefit of this is that you are supporting the network and earning. Examples of returns are DASH (~7.5% - annual return), NEO (~5.5%), PIVX (~4.8%), OKCASH (~10%), NAV Coin (~5%), STRATIS (~1%), or Reddcoin (~5%). A problem here is that general users and casual investors don’t want to keep several wallets open on a computer slowing it down.

A unique alternative to Staking is flyp.me, an instant exchange with a profit sharing token. Ethereum addresses holding the token are provided with 50% of the profit generated from the site. This can be calculated as the monthly trading volume is available on flyp.me. Profits are shared every three months at present, however this may change soon due to a poll on Twitter. After searching for quite a while, I have not found any other instant exchanges with a profit sharing token. Comment below if you are aware of others.

I wanted to share several alternatives to the instant exchange with a profit sharing token. The nearest I could find was Changelly, however they do not offer a token but an “affiliate program” where people can earn up to 50% commission. Some companies do offer an ethereum token and share profit. None of these are instant exchanges. One of the major concerns highlighted is the risk that these companies won’t pay out dividends / profit, or at a later time may chose to stop doing so. The following are some of the ones that I found… but please comment below with more if you find any others that look interesting.

1. Kucoin: 50% of trading fees shared with token holders, however plan to reduce to 15% (example figures available here: https://kucoinshares.com). Profits shared daily. 100 Kucoin minimum to obtain dividend (~$234). Trading volume previous 24hrs ~ $33million. Currently ranked *50 in Coinmarketcap.

2. Coss: 50% of trading fees shared with token holders (example figures available here: https://www.cosscalc.com). 2000 Coss minimum to obtain dividend (~$239). Profits shared weekly. Trading volume previous 24hrs ~ $2 million. Currently ranked *334 in Coinmarketcap.

3. Crypto-bridge: 50% of CryptoBridge 0.2% trading fees shared with holders. Profits shared bi-weekly. Trading volume previous 24hrs ~ $800k. Currently ranked *267 on Coinmarketcap.

4. Localcoinswap: Still in ICO. Will only start with 10 currencies and has no history of sharing profit yet. Looks similar to an instant exchange with a profit sharing token but is slightly different. This offers a P2P exchange. This appears risky with large upside as they intend to share 100% profit. Currently not ranked on Coinmarketcap.

5. Decoin: Still in ICO. Promise 6.2% annual interest to all token holders on the network. No history of sharing profit. Currently not ranked on Coinmarketcap.

*Rankings gathered on the 23rd of June 2018.

Based on the above information reviewed, if you have the opportunity to keep wallets open for prolonged time with large amounts to invest, perhaps consider staking opportunities. An interesting investment is an instant exchange with a profit sharing token, Flyp.me. The other alternatives which offer profit sharing appear to be markets and an interesting selection are provided above.

Portfolio Summary on the 23th of June 2018:
FlypeMe +3.28% change since 1st of May
Ethereum -19.01% change since 4th of June
Kucoin

If $200 was invested each, it would now be worth $ 184.27.

Note:
I am not a professional trader, the information above is not trading advice, and please do further research if you are considering investing. I like to be upfront and honest about what I’m doing. This article is intended to earn tokens part of Flypme writer program.

References:
https://medium.com/@cryptofela/kucoin-vs-coss-which-is-a-better-investment-5f160f115acf
https://coinsutra.com/proof-of-stake-cryptocurrencies/
http://cryptogurus.com/reviews/kucoin-vs-coss/