From HIVE to Coinbase...

in #leo4 years ago

I'm going to try and keep this as short as possible for you folks out there, I'm not big on writing a whole bunch and ramblized verbage can be a pain.

Now how I turn crypto profits is with 3 things. HIVE, Musicoin, and CPUChainCore... and Coinbase as the medium between crypto to cash, and Ill do my best to elaborate on there and their ease of adding to your portfolio.

If you're reading this off of Hive and you are no familiar in the least with the system and how it functions, it is a blogging platform that pays you in cryptocurrency for adding to the community... Most don't need to know functionality, so I'll just skip that part and go to the part where you've already made your first post and are about to collect your rewards. So as you collect your HIVE tokens... you can either power up your Hive account giving you more voting weight and making you worth more on the network or you can take the Hive to https://hive-engine.com/ . At this point I either convert my hive to either Doge-Pegged or Litecoin to send off to https://www.altilly.com/ to exchange for XQR (Qredit) then to XLM (Stellar Lumens) then transfer it to my Coinbase Wallet. The reason I do so is Coinbase is currently offering Staking rewards on their tokens and if that is the medium I'm using to turn my crypto to cash it would be nice to have some on the platform already to be able to do so if necessary but also just gain extra income as I wait.

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Now with the Litecoin I transfer that to https://dovewallet.com/en because they pay bonuses daily for just having the crypto on their platform, so I suggest spreading the wealth over because daily percentages are paid for by their profits. Whichever token is trading the most is the one that will pay the highest bonus that day. Tokens do have a minimum deposit which isn't too high... and fees relatively low to withdraw. Kind of why I stick with Litecoin on this method...

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I use CPUChain and Musicoin in Dovewallet as well... being Dovewallet does the daily interest pay outs. Any who... https://cpuchain.org/download-page.html for their downloads... I currently mine on the PC Im using now... and have had it set up to mine on Android devices.

Well and Musicoin which I also slide over to Dovewallet... check out https://musicoin.org/

Thats where I run my current podcast project and Freestyle sessions through... There are a bunch of great musicians out there on the platform...

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Wow, that is a mouthful for sure. I think I need a diagram :-) How do you keep up with that? Seems like a lot of steps, but it seems to work for you. I will have to look into it.