Blogs

Types of Stakers on NavExM

  • Share
image

Have you ever heard of an exchange that offers you cashback to trade cryptocurrency? NavExM is a Crypto Exchange that offers you the same!

NavExM is the next-generation crypto exchange, developed with an aim to offer the world’s most rewarding crypto trading experience. The platform has its native utility token, i.e., which is used to settle all the trades on NavExM.

NavC acts as the underlying currency of the exchange and makes all the rewarding benefits possible on the exchange.

NavC Utility on NavExM

NavC is the bloodline of NavExM Crypto Exchange. As mentioned above, it acts as the underlying currency of the exchange. The Automated Market Maker (AMM) ensures that all the transactions happening on the exchange pass through the NavC token itself.

The total token supply is locked at 112.5 billion. Out of which, only 0.02% will be available to trade in the open market, and 88.9% will be locked in NavExM for the smooth functioning of the trade engine.

The equation of limited supply and consistent demand will lead to the value appreciation for the token. It is a unique utility of NavC Token on the exchange, which will ensure a high token velocity.

The more you trade on the platform, the higher your capital appreciation will be. Thus, your participation in the NavExM trading ecosystem will add value to the NavC Token.

Earn Cashback Rewards on NavExM

As mentioned above, NavExM allows you to trade and pay zero trading charges. However, with a no-cost trading platform, NavExM also offers a cashback reward on every transaction. This benefit is available to NavExM community members. To qualify as a community member, users must hold a minimum of 500 NavC tokens in their fund wallet. Once eligible, they can earn cashback rewards of up to 0.05% of the transaction value or 0.05% of the capital appreciation of the NavC liquidity pool, whichever is lower.

Further, this cashback is divided into Takers and Makers at 60% and 40%, respectively! However, if you decide to Stake your NavC Tokens, you will get additional rewards, such as increased cashback!

What is Staking?

Staking is a process in the cryptocurrency world where users hold their digital assets in a designated wallet for a certain period of time to support the network's operations. In return, they receive rewards. On NavExM, you can get increased cashback rewards and enjoy capital appreciation.

Staking has become a popular trend among cryptocurrency traders as it provides several benefits. Firstly, staking allows traders to earn passive income by holding their assets in a wallet and supporting the network's operations. This can provide a steady source of income without the need for active trading. Additionally, if you stake your NavC Tokens on NavExM, you can get a cashback reward of up to 0.1% of the total transaction value.

Another benefit of staking is that it increases the value of the cryptocurrency tokens being held. As more users stake their tokens, their demand increases, leading to a rise in their market value. Furthermore, staking can also help traders avoid the risk of price volatility associated with actively trading their tokens.

By staking NavC tokens, traders can contribute to the growth and development of the NavExM trading ecosystem while simultaneously benefiting from the rewards provided by the platform.

Types of Stakers

Majorly, there are two types of Stakers on NavExM. Standard Stakers and Premium Stakers. It will depend on the number of NavC Tokens you hold in your NavExM fund wallet.

1. Standard Stakers:

Standard Stakers are community members who hold a minimum of 5,000 NavC tokens in their fund wallet. They are eligible for an assured cashback of 0.05% of the trade value on the first five transactions of the day. The cashback for subsequent transactions will be calculated the same way as for community members.

2. Premium Stakers

Premium Stakers receive the maximum benefit on NavExM. To qualify as a Premium Staker, users must hold at least 50,000 NavC tokens in their fund wallet. They can earn a cashback of 0.1% of the transaction value on unlimited transactions, regardless of whether they are Makers or Takers.

Apart from the cashback rewards by staking NavC Token, you can also ensure a consistent appreciation in your invested capital due to its unique utility on NavExM crypto exchange.

Conclusion

NavExM offers a unique opportunity for cryptocurrency traders to earn cashback rewards and passive income by becoming a community member and staking their NavC tokens on the platform. With zero trading fees, NavExM is committed to providing its users with the most rewarding crypto trading experience. By staking NavC tokens, traders can not only earn rewards but also contribute to the growth and development of the NavExM trading ecosystem.

Whether you are a community member, a Standard Staker, or a Premium Staker, NavExM ensures that you get the best value for your investment. With an increasing number of traders and investors joining the NavExM platform, the demand for NavC tokens is set to rise, leading to an appreciation in their market value.

In summary, NavExM offers a lucrative opportunity for cryptocurrency traders to earn rewards and passive income by staking their NavC tokens on the platform. By becoming a community member and staker on NavExM, you can enjoy the world's most rewarding crypto trading experience. So, what are you waiting for? Join NavExM today and relish the returns in the future!