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Previously, earning crypto was limited to buying and selling the tokens to generate profit or get rewards for mining the blocks. Now, with the rising number of crypto adoptions comes numerous money-making opportunities.
One of the ways through which you can generate high ROI is Staking Crypto.
Staking means locking up your crypto tokens for a certain period to get desired ROV and lucrative rewards, such as cashback and discounts on certain goods and services.
Various blockchain projects such as Ethereum use Proof of Stake as their consensus mechanism to validate the transactions. People participating in the network stake their crypto tokens to get selected as validators to earn rewards. The more tokens you deposit in the pool, the higher the chances of getting selected as a validator. All the participants who willingly lock up their tokens get rewarded to participate in the network.
However, staking your NavC differs from what you read above. NavExM encourages investors to stake its native utility token to ensure they get the maximum price appreciation benefits.
NavC is the native utility token of the next-generation exchange, NavExM. NavC offers capital appreciation benefits by encapsulating the traded pair value on the exchange, and the price of NavC rises each time a trade is executed on the exchange.
By Staking NavC on NavExM, you are eligible to be assured cashback up to .10% of transaction value.
NavExM envisages traders' profit by providing a unique trade settlement engine, Zero transaction fees and assured cashback. Investing in NavC early on can be extremely profitable for you.
There are numerous staking benefits reserved for the investors believing in NavExM vision to make the crypto trade & investment more profitable.
Currently, the average transaction fees charged by contemporary exchanges are between 0.15%-4% of the trading volume. Higher transaction fees ultimately reduce the trade profit. NavExM enables traders to trade with zero transaction fees.
This is a limited period opportunity for traders & investors because only a minuscule quantity (0.02%) of total NavC is available in the market to buy & stake. Therefore, it is paramount to invest in NavC Token at an early stage.
The cashback reward is based on transaction value and capital appreciation of NavC
This is how NavExM makes crypto trading more profitable for day traders.
Besides all the benefits mentioned above, you also get the capital appreciation benefit. Because of the token utility on the NavExM exchange, its price appreciates with each trade being executed on the exchange. The longer you stake NavC, the higher the chances of generating lucrative returns as capital gains.
The incredible staking benefits of NavC make it an excellent Crypto Asset to invest in 2023. NavExM is the exchange for future-generation traders. By investing in NavC, you can reserve incredible Staking benefits and witness your capital growth.
NavExM LLC, a Delaware corporation (trading as 'NavExM US'), operates a digital currency exchange that is registered with FinCEN. NavExM provides crypto-to-crypto transactions on its platform. For more details, please review our 'Terms of Use' and ' Privacy Policy'.
If any information contained on this website (including any mobile application) or platform constitutes general advice, the provider of that general advice is NavExM , and it does not take into account your objectives, financial situation, or needs. Therefore, before using our products, you should consider their appropriateness in relation to your own objectives, financial situation, and needs, or obtain professional financial, legal, and/or taxation advice.
Warning: Digital asset prices can be volatile. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and NavExM is not liable for any losses you may incur. Any APR shown is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily, and the estimated rewards may differ from the actual rewards generated. This is not financial advice."
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