Liquidity Pools Are Gaining Momentum
2024-09-25 14:51
Dear traders,

It's been 10 days since the launch of liquidity pools on Qutrade. During this time, we've observed a steady influx of liquidity, which is certainly encouraging.

Our advanced users are actively participating in the pools and earning from them. However, for our less experienced users, liquidity pools still remain somewhat complex and unclear. Let's fix that and take a closer look at what liquidity pools are and how you can start earning from them.


What are liquidity pools in simpler terms?
    A liquidity pool is a collective balance of coins used for automated continuous liquidity creation in cryptocurrency markets. Any user can top up this balance (add liquidity) and withdraw their coins back.

    Users who add liquidity to the pool are called liquidity providers. For providing liquidity, they receive rewards from trading fee deductions.

How to start earning from liquidity pools?
    Starting to earn from liquidity pools is very simple; all you need to do is add liquidity to the pool. Adding liquidity to the pool happens in two coins that make up the pool. Suppose you want to add liquidity to the BTC/USDT pool, you will need BTC and USDT coins in a ratio that matches the current BTC/USDT pool rate. For instance, if the current BTC/USDT pool rate is 50,000, then to add a conditional 0.01 BTC to the pool, you will also need 500 USDT.

    The process of adding liquidity is the same for all pools. The minimum amount to add liquidity is only $0.2. You can withdraw liquidity at any time.

    The full list of our pools is here: https://qutrade.io/en/?pools. Each pool has an Invest button, by clicking which you can add liquidity to the pool. You can also create your own pools from any coins listed on Qutrade.

    The profitability of our pools is currently very high. In some pools, the profitability reaches over 1000% per annum. Such high returns are due to the fact that the pools have not yet accumulated liquidity, for which we pay additional bonus rewards daily.

    By adding liquidity now, you can receive super-high percentages in the beginning.

We hope this article was helpful and now you have a better understanding of what liquidity pools are and how you can make money from them.

We wish you high returns on liquidity pools!

Qutrade team.
Connection. . .