“I become a broker in a globally audited market.
I earn a fractional fee every minute, whether the market is up or down, this is what set pheonix apart from normal crypto trading for me. I like that I am participating in a sector of the market previously was not as accessible just by a touch of a button.”
“What I like about PhoenixApp is the lack of lockups or restrictions. It's nice to know that I can withdraw both my capital and fees within a few hours—no waiting around. This feature takes away the counter-party risk, which is a big deal for me. It just feels more natural and user-friendly compared to some other yield programs. Having that freedom to access my funds without unnecessary hassles.”
“Joining the crypto scene later, I often found myself entering at high points for BTC and Ether. However, with yield mining, I consistently earn at least 5% per annum, surpassing the overall performance of my entire crypto portfolio. It's proven to be a reliable and sustainable approach, providing a welcome contrast to the volatility of market entry points. Phoenix has become my go-to for a more consistent and positive crypto growth experience.”
“It's easy to set limits on Phoenix, especially for yield mining. Since yield farming can be risky, I make sure to set clear limits on how much I invest in a specific digital currency. I only use money that I can afford to lose because crypto farming is known for being risky, and more people end up losing money than not.
To be smart about it, I don't put all my money into just one type of cryptocurrency. I create a mix of different projects, each with its own level of risk. It's like not putting all your eggs in one basket. And when it comes to each specific cryptocurrency, I make sure to risk only 1-2% of my total money. This way, I can handle the ups and downs of the crypto market while reducing the chance of big losses.”
“Becoming a liquidity provider at Phoenix is straightforward and hassle-free—no need for registrations or personal data. As a liquidity provider, I get to participate in swapping thousands of ERC-20 tokens. For each swap, there's an opportunity to earn a percentage of the trading fees. Unlike some platforms, like Uniswap, where liquidity providers stake both pool sides in a 50/50 ratio, Phoenix simplifies the process. The interest rates can vary based on market fluctuations and the specific pool.”
“Since I'm cautious about risks, I wanted a way to protect my investments. Phoenix has simple and effective methods for shorting, which helps me hedge against possible losses. While it's not a perfect solution, it's a preferred option for people like me who don't want to take any chances with losing money if the prices of Bitcoin and Ethereum drop. It's all about finding a way to be safe while dealing with the ups and downs.”
“Phoenix's inclusion of capital risk hedging is a feature that I like. While the liquidity programs aren't leveraged, the availability of shorting solutions provides an extra layer of security for me.
Knowing I can shield my investments from potential crypto value drops in volatile markets is a significant advantage.”
“I find the continuous earnings potential on Phoenix to be quite appealing. As a liquidity provider, I can earn fees every minute, and this feature becomes particularly advantageous during times when the crypto market experiences turbulence and trading volumes surge. It's a unique aspect of Phoenix's liquidity mining platform that I've come to value as a user.”
“Becoming a liquidity provider on Phoenix has made me feel like I'm part of the house team. It's a unique experience that contrasts with the questionable practices of some brokers in the crypto world.
Recomend.”
