XETA Genesis is a platform that aims to combine the benefits of decentralized finance (DeFi) and traditional finance (TradFi) to provide stable yet high-reward investment options. The platform operates using stablecoins like USDC to combat market volatility. Its unique selling point is its high-frequency trading algorithms, which are used in both TradFi markets such as forex and gold futures, as well as DeFi markets.
To engage with XETA Genesis, you can use USDC to either purchase ‘Genesis accounts’ or establish ‘Genesis pools’ on the Avalanche or Ethereum blockchains. This review aims to give you a comprehensive understanding of how the platform works, its risks, and its potential rewards.
XETA Genesis was launched in July 2022 under the name ‘XETA Capital’ by founders Gavin Minty and @Shotime2kX. The goal of the project is to maximize investor returns while keeping risks relatively low. It achieves this by leveraging high-frequency trading in established markets like forex and precious metals.
The trading strategies employed by XETA Genesis focus on technical indicators such as moving averages, momentum oscillators, and support and resistance levels. These strategies aim to generate consistent profits over time, particularly in the forex market.
The project has a track record of delivering monthly returns of up to 20% to its stakeholders. While it has gone through various phases, including the introduction of its XETA token, it has now standardized its investment and withdrawal processes. All transactions on the platform are conducted exclusively in USDC to combat market volatility and provide simple investment tracking for users.
To start earning passive income on XETA Genesis, you need to set up a digital wallet compatible with either the Ethereum or Avalanche blockchains, such as MetaMask. Avalanche is often more cost-effective due to lower transaction fees compared to Ethereum.
Once your wallet is connected to XETA Genesis, you can access the platform’s features. There are two ways to participate: through Genesis Accounts or Genesis Pools.
Genesis Accounts involve buying into a membership rather than directly investing in the project. These accounts come in three pricing tiers: $250, $500, and $1,000 in USDC. As a Genesis Account holder, you can earn returns of up to 20% over a 28-day period and have the option to withdraw your earnings. However, the account has a lifespan of one year, after which renewal is required. A monthly maintenance charge of $25 and a 2.5% withdrawal fee apply. The initial principal amount remains locked and cannot be withdrawn.
Genesis Pools, on the other hand, offer an alternative way to earn passive income under the XETA Fund (XF) umbrella. There are different pools available depending on the investment amount, ranging from $10,000 to over $250,000. Each pool offers varying monthly returns of up to 5%, 10%, 15%, or 20%. Unlike Genesis Accounts, you have the flexibility to withdraw both your initial investment and the returns. A 28-day withdrawal window with a 2.5% fee on each transaction applies, along with a monthly management fee of 2.5% of the pool’s principal.
It’s important to note that there are key differences between Genesis Accounts and Genesis Pools. With Genesis Accounts, you cannot withdraw your principal investment, while Genesis Pools allow for principal withdrawal. Additionally, returns in Genesis Accounts do not compound if not withdrawn within the 28-day window, whereas returns in Genesis Pools do compound.
When participating in XETA Genesis, it’s essential to understand that you’re not directly investing in any asset. Instead, you’re buying a membership account or establishing a pool using USDC. The XETA team makes investments on your behalf in precious metals and foreign exchange markets using high-frequency trading algorithms.
According to XETA’s pitch deck, their forex trading approach focuses on capitalizing on smaller market movements, which has proven successful in high-leverage environments like the forex market. They claim to have a high accuracy rate of 95% for their trading signals and offer a range of returns between 68% and 294% for their gold trading strategy over six years, with a compounded maximum return of over 870%.
Investors can expect various return rates from XETA Genesis depending on whether they choose Genesis Accounts or Genesis Pools. Both options offer attractive returns, but Genesis Pools provide the opportunity for compounding returns. It’s important to consider that while these returns may seem enticing compared to traditional financial instruments, they also come with risks. However, XETA Genesis aims to mitigate risks by diversifying into traditional markets.
In conclusion, XETA Genesis offers investors the opportunity to earn stable and high-reward passive income through its platform that combines elements of DeFi and TradFi. By leveraging high-frequency trading algorithms in established markets and using stablecoins like USDC, XETA Genesis aims to provide consistent profits while mitigating market volatility. Whether you choose a Genesis Account or a Genesis Pool, it’s crucial to understand the investment mechanisms, risks involved, and potential earnings before participating in the platform.
Hot Take: XETA Genesis – The Best of DeFi and TradFi Combined
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