ABOTRex Project
Published on 18-Apr-2020
Disclaimer: This article is simply an account of our experience with ABOTRex project. Is not meant to give any financial advice: remember to do your own research before investing in risky projects.
What is the ABOTRex Project?
ABOTRex is a project on WAVES that enables access to a trading bot and an exchange service. These services are available at the ABOTRex webpage. While the exchange service is free to everyone that registers an account, you can receive dividends from profit only if you hold a certain amount (100.000) of $ABOT tokens in your WAVES wallet.
By Leasing WAVES to waveslease node (address: 3PGfXB5bEz7EkbtGMNUYop5aior5X6bUbvL) you will receive weekly some $ABOT that you can sell on the waves.exchange (market is very liquid) or hold in order to reach the 100.000 quote.
How to Register to ABOTRex
In order to register to ABOTRex please click here and click the Big green button Registration.
Once registered, you will need to register your WAVES address where you will keep your $ABOTs. To register your wallet, insert your address in to the field and press INSTALL.
Once registered you will be able to use the trading bot and the exchange services.
The Trading Bot
In order to be eligible to receive dividends on 1st and 16th of each month you will need to purchase $ABOT token (id: 8Yw4QmskrQauQeNjgh3fTQ4swmkNm85GTQzdHEf6QdUU) on DEX or on the ABOTrex Exchange service.
- With 10.000 $ABOT you will be able to use the bot on the couple $ABOT/WAVES when he will released to the public;
- With 100.000 $ABOT you will be eligible to receive profit dividends two times per month.
Dividends
As previously said if you are eligible you will receive dividends on 1st and 16th of every month in the form of $ABOT tokens. You then can sell the $ABOT on waves.exchange for $WAVES or for other cryptocurrencies directly on ABOT Exchange.
You can see at any time daily profit or how many dividends you received on ABOT console:
And an history of your dividends:
Exchange Service
To use the ABOTrex exchange service, click on the button Exchange. With this service you will be able to sell or purchase with just one click the token $ABOT and exchange it with other cryptocurrencies.
Return on Investment
Until now, dividends have been regular, and by selling them on the market, we are now at about 56% ROI of our initial investment in about four months.
We repeat again: This is not financial advice: we recommend you own research before investing in risky projects and to invest only what you can afford to lose.