How do I earn at 50x.com?

Crypto Exchange 50x.com (go online) offers such basic ways of earning as cryptocurrency trading, lending, crediting, professional accounts, participation in the liquidity pool.

Trading

Cryptocurrency trading is the main way to make money on the 50x.com platform. However, there are few training opportunities and no demo mode, so you should start trading on it already having the skills to trade on a real account on another exchange. For effective trading you need to know the basics of technical analysis, know how to read charts, use indicators and other tools of technical analysis, choose timeframe, implement third-party or own strategies. Theoretical knowledge should be practiced in the demo-mode, which is now presented by almost all crypto exchanges.

The cryptocurrency trading possibilities at 50x.com are standard, with the difference that only cryptocurrencies are traded on the exchange, unlike most crypto-platforms, where fiat is also represented. In order to take part in crypto trading, you need to register an account and fund your account. The user receives 250 internal A2A tokens, which can be used to pay for trading commissions.

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The trading terminal opens by clicking the “Trade” button in the left corner of the site. The price chart is located in the top center of the terminal. It is the same as on most crypto exchanges and if you have experience with other platforms, it is difficult to switch to the terminal 50x.com. By default the terminal displays a pair BTC/USDT, the trend is displayed in the form of Japanese candles, timeframe of 1 day. The chart can be left in the classic Tradingview view or switch to Bid/Ask view. Designate a new timeframe, select a tool, change the settings can be in the top panel of the chart, on the left side of the chart there is a panel of additional tools.

The order placement service is placed below the chart. On the right side of the service you can select market or limit order type, set stop-loss and take-profit. On the left side the amount of bought or sold cryptocurrencies is entered. Placed orders and positions are displayed in the table below the buy/sell service. The price stack is located on the left side of the chart, under it the market statistics as of “yesterday”. The cryptocurrency pair is selected in the table on the right side of the price chart. Under it, there is the statistics of the last deals, another table of wallets, with the possibility to deposit or withdraw funds without exiting the trading terminal.

Margin Trading

Margin trading is performed in the same terminal as regular crypto-trading, there is no functionality to track leveraged trading, the trader must control trading parameters and assess risks independently. The user can borrow money for leveraged trading in the “Borrow Money” section.

Credit can be taken out in trust currencies, which now include BTC, LTC, ETH, USDT, TUSD, USDC. The user can request a loan based on the status of his account, the interest on the loan is paid daily. The Exchange controls the probability of borrower bankruptcy by estimating the Margin Level: the percentage by which the amount of the trader’s deposit, trading on borrowed funds, exceeds the amount to be paid on the loan. If this level is below 30%, the exchange automatically cancels the trader’s order. But even under this condition margin trading is a high-risk way of earning, not for beginners. Training and real experience in effective trading and a deposit sufficient to cover losses in case of wrong calculations are necessary.

Lending, banding

On the 50x.com exchange you can lend to leveraged traders. The opportunity to participate in earnings through the banding can be found on the “Lend on Interest” page.

Landing is a passive way to make money on cryptocurrenciesBut to lend money, it initially requires an impressive deposit, plus you have to be prepared for defaults, because during periods of high volatility, marginal cryptocurrency trading is a very expensive option. But in order to lend, it initially requires a sizeable deposit, plus you need to be prepared for defaults, because during periods of high volatility, marginal cryptocurrency trading becomes extremely high-risk, which inevitably affects all types of earnings on cryptocurrency.

PMA

PMA is a trading account that is managed by an experienced trader. It is a way designed to make money for the average user and for the professional trader. To open a 50x.com professional account, you must have at least 2999 A2A (internal platform token) and agree – subject to full understanding and agreement – to the investment conditions offered by the exchange. The conditions determine the degree of participation and information of the investor, the percentage of the manager’s remuneration, the method of making a profit, and so on.

Liquidity pool

A liquidity pool or bicurrency liquidity pool is a passive type of investment income on the 50x.com platform. To invest in a pool, you need to have funds on deposit in the amount required for a particular pool. Available pools are presented on the page “Liquidity Pools” in the form of a table. To join a pool, you need to click on the line in the table, read the details of the financial instrument in the “Infopanel” and, if the terms of participation are suitable, follow the instructions.