How to earn on trading in Chatex

Chatex
4 min readNov 8, 2019

To maintain a passive income flow is a vital business. Chatex bot — that’s what you can use for earning some Bitcoins over a cup of morning tea or even while sleeping.

Chatex is a Telegram-based p2p cryptocurrency exchange. The essence of the bot is simple: one creates ads to purchase or sell cryptocurrencies, another one responds to these ads. You do not need to pay high commission fees to the intermediary because you are the only two parties participating, with Chatex acting as a guarantor of the deal.

Chatex supports all payment methods, which are now popular and in demand, including all the banking cards, payment systems, gift cards, and even exmo codes.

As mentioned above, Chatex acts as a guarantor of transactions between people. If you decide to sell your asset, place an ad and someone will respond to it. After that, your funds will be frozen in your account until the transfer is confirmed. As soon as the funds appeared in the balance, you click on the confirmation button and your Bitcoins are sent to the person who responded to your ad.

If the money has not been received, you can always contact the arbitrator. Unlike other p2p exchanges, all disputes on Chatex are solved within 15 minutes by real people with the help of advanced arbitration mechanisms.

So, how can one get crypto and use it on Chatex?

  1. To earn. If you are paid for some kind of work in crypto, you can instantly place an ad for the sale and set the rate which is a bit higher than the market one. For example, it can be 5–7%. Let’s imagine you were paid 0.1BTC which is now $935.

You place an ad where you can set your margin, for example, +5% higher than the exchange rate. It’s unlikely that someone will buy out the entire amount right away, so there will be several smaller buyers. But in the end, the entire amount will be bought off at a price of 935+935*0.05=981.75.

Thus, your revenue will amount to $46.75. In general, you’ve spent only 10 minutes on the operation: 3 minutes on creating an announcement, around 7 minutes on conducting of 2–3 transactions and responding to would-be buyers, and only 1 sec on checking the balance.

2. To buy off a large number of BTC on the exchange. Then you can sell Bitcoins via small checks at the rate of +7%, so you‘ll get the same 5% of income. But you can get more because you can monitor current ads, and when the rates become lower and demand rises, increase the rate confidently.

3. To join the Referral Campaign. You can earn crypto by inviting friends who will carry out deals on Chatex. The advantage is that the referral program is three-level, so, if your friends invite theirs, you will also receive income based on their operations. Once you invited a dozen of friends, you will enjoy the growth of funds in your wallet.

Chatex is a convenient service where all the transfers between users within the network have no commission fees. The service takes a commission only from transactions and standard withdrawal fees, which are determined by the payment of transactions on the blockchain. The commission is 0.7% on transactions and 0.0002 BTC on withdrawal. These are the lowest fee rates on the market.

Chatex is a completely legal and licensed service. The secure ecosystem is underpinned by the international crypto company BitGO, the official partners of Chatex, who, by the way, store 25% of Bitcoins circulating.

It’s high time to act, test the bot and earn some money! If you have any questions about the functionality, feel free to contact us in our Telegram chat. We will answer within 10 minutes and help you become a true expert of p2p trading.

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Chatex
Chatex

Written by Chatex

CHATEX bot-messenger technology makes crypto exchange available to anyone with a standard smartphone.

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