How To Get Started in Crypto With Zero Investment?
Hey Traders,
How about a quick tip on making a profit without even actually investing a penny? Don’t be surprised, it’s pure logic. So let’s begin, shall we?
In this article, you will learn
- Depositing INR on Bitbns to get INR incentive upto 11% via depositor’s tip.
- Trading the incentive amount to make a profit.
Step 1: Getting Incentive
In order to get INR incentive, you will have to deposit some INR in your Bitbns wallet. Let us say you deposit Rs. 7,00,000 and earn 11% incentive via tip, which gives you Rs. 77,000.
*Note: Incentive on Bitbns can go upto 12%
Step 2: Making profit by trading just the INR incentive
Now the goal here is to use only your incentive for trading, so that even if you incur 100% loss on incentive, your principal amount remains intact.
- Assume that you purchase 42,777 Tron (TRX) for Rs. 77,000 at a price of Rs. 1.8 per TRX. (77,000 / 1.80 = 42,777 TRX)
- The price of Tron goes to Rs. 1.93 per TRX.
- You sell the entire 42,777 TRX at the rate of Rs. 1.93 and get Rs. 82,559.
- Your profit = Rs. 82, 559–77,000 = Rs. 5,560
That’s how it happens. See? No magic.
Remember, investing only the incentive gave you a handsome profit. And the best thing about it is that you literally put nothing at stake.
However, there are many other ways to make even bigger profits. And one such way is using Margin Trading to double your profits. Follow the link to the article below to learn how you can make bigger profits.
How to Double Your Profit:
Happy Trading
Bitbns
