Adoption of baino currency is creating a new pathway to financial freedom for its holders, currently being earned, traded, and withdrawn in any part of the World.
In this article, I will be discussing the Trading of baino currency (TRP) to crypto currency (BTC) using the market exchange formula;
1.00 TRP = 0.00000011 BTC.
First, we will define baino currency and crypto currency.
Baino currency (TRP) is an encrypted digital money, earned and managed via Memoir. Holders can use baino currency to send money, trade forex, and purchase goods.
Crypto currency (BTC) is an anonymous digital money, traded and managed via popular network such as Binance. Holders can equally send, trade, or purchase using coins balance.
Often time, some people ask; what is the difference between baino currency and crypto currency. The answer is simple;
Baino currency is built to earn, providing encryption security via self-custody assets backed by knowledge deposits.
Crypto currency is built to trade, providing blockchain security via anonymous assets backed by money deposits.
Although the core of baino currency is to earn, while the core of crypto currency is to trade does not necessarily mean a baino currency holder cannot trade their Assets, it is very much possible and that is exactly what I would be explaining in this release.
Let us assume after earning some baino currency Tokens, you decide to trade your baino currency (TRP) to crypto currency (BTC) instead of direct withdraw of baino currency (TRP) to fiat currency (USD).
Please keep in mind; I am only using the currency code TRP for baino, USD for fiat, and BTC for crypto to enable us flow better in understanding the basic trading manipulations of these different currencies value in its numerical representations.
Hence, trading your baino currency to crypto currency, holders are not only limited to trade TRP/BTC, no, any other crypto currency can be exchanged against baino currency, including; TRP/ETH, TRP/USDT, TRP/BNB, TRP/SOL, TRP/ADA which can be securely exchanged via MarketX.
Trading baino currency (TRP) to crypto currency (BTC) will be explained in 2 Sections, depending whether your intention is to trade for exchanging your BAINO to CRYPTO, or trade for profits purchase. As this will determine the total amount is exchange value you will receive after trading and tax deduction.
Baino currency has a stable earning value of $0.01 per TRP, and dynamic trading value around $0.0139 per TRP.
Which means after earning let’s say 1000 TRP, and decides to trade your baino currency to crypto currency just to exchange your digital assets, then you will receive 1000 TRP = 0.00011 BTC.
But if your intention of trading baino currency to crypto currency is to make-a-profit then you might receive more or less than 0.00011 BTC, when trading 1000 TRP. This price fluctuation solely depends on market supply and demand at that point in time when a trade is about to be executed, considering the fact that forex trading is all about timing, as what might sell low today might sell high tomorrow. And also depends on desperation of the holder is they are willing to authorize instant trade at current market rates or wait-for-later if value might go up.
Assuming you meet the market price at $0.0139 per TRP during the time of Trading baino currency (TRP) to crypto currency (BTC).
Then what you will receive in bitcoin is 0.00017 BTC for trading 1000 TRP.
This is a rare season of baino currency peak in Forex for retail traders who holds large amount of TRP. Numerically, trading 1000 TRP for 0.00017 BTC might seem small in the eye, even though manually earning 1000 TRP is really time-consuming.
Baino currency holders will millions and billions in holding reap a cold 39% ROI of their digital assets if they decides to liquidate their Tokens.
For example;
Trading 1 million in baino currency (TRP) to crypto currency (BTC) is 0.11 for direct conversion. While trading for profits will produce 0.17.
CALCULATION BREAKDOWN;
Since baino currency relies on fiat currency for stabilization, trading baino currency to crypto currency must be done so after converting TRP/USD before finalizing the end value results in TRP/BTC.
DIRECT TRADE;
1.00 TRP = 0.01 USD
1.00 TRP = 0.00000011 BTC
Liquidity amount 1000000 TRP
multiply 1000000 by 0.00000011
equal 0.11 BTC.
>>> 1000000 TRP = 10000 USD = 0.11 BTC <<<
PROFIT TRADE;
1.00 TRP = 0.0139 USD
1.00 TRP = 0.00000017 BTC
Liquidity amount 1000000 TRP
multiply 1000000 by 0.00000017
equal 0.17 BTC.
>>> 1000000 TRP = 13900 USD = 0.17 BTC <<<
Steps for Trading baino currency (TRP) to crypto currency (BTC) listed below.
- Visit MarketX
- List a TRP/BTC trade
- Receive BTC and send TRP
Just last month here. A Korean investor liquidates $40 million in baino currency (TRP) directly to crypto currency (BTC) via secured peer-2-peer MarketX portal…CONTINUE STREAMING
