digital-coins.net
  • Visit us on
  •  Twitter
  •  Medium

digital-coins.net

Bitcoin, Altcoins, Defi and more

Decentralized Finance

Earn up to 3.33% daily
Learn more

Menu
  • Home
  • Introduction
    • Overview
    • Blockchain – in simple terms
    • Wallet
  • Decentralized Finance
  • Invest and earn coins
    •  How to get coins
    • Free (Bit-)coins
    • For Publishers
    • Investing your Bitcoins (update required)
  • Mining
    •  Mining Overview
    • CPU Mining
  • About

bnb

Get started with FAIT on PancakeSwap – Tutorial

6. April 2022 by digital-coin.net Leave a Comment

What is FAIT?

FAIT stands for Flourishing Artificial Intelligence Tech. A blockchain data based, learning technology built by Flourishing Capital. As per their website their tech monitors more then 6800 markets and collects and analysis almost 3TB of data per week. Based on these data trade decisions are taken aligned on a set strategy (more on that later). So FAIT is using AI, not (only) rules, as a usual trading bot would do.

There is a web dashboard to monitor FAITs activities and a Telegram interface. The community, and probably also Flourishing, always refer to FAIT as “she”. Not sure where that is coming from though…. guess everyone got its own reason. Lets not go further here.

What is PancakeSwap?

PancakeSwap – or PCS in short – is probably the biggest Decentralized Exchange (DEX) on the Binance Smart (Block-) Chain. DEX means in other words you can do your business like placing trades, staking or yield farming on PCS without relying on a company or central exchange, all activities can be done directly by you with your wallet. No man in the middle. PCS is famous for fast and cheap transaction. Many tokens are supported. Less popular ones can be added manually (you need to know what you are doing obviously) and can also be traded easily once added.

Why should I use FAIT?

FAIT is not emotional. FAIT knows (almost) all the data. At least the ones she is monitoring. She follows the strategy you set without looking left or right. Talking about strategy: Per exchange you can set your anchor currency. WBNB for PCS is the default. What does that mean? Well, FAIT is conducting all trades with the goal to accumulate more and more WBNB. On Bittrex you can set the anchor currency to BTC, ETH or USDT. Whatever you prefer and like to accumulate.

How well does it perform?

I tested it now for not even a month on PCS and also on Bittrex. I honestly don’t have a big amount of money on PCS, but it still works fine.

FAIT completed 21 trades since I started using it (her) on both PCS and Bittrex around 20 days ago. Calculating my average profit per trade I got currently 4.6% profit per trade across both exchanges. Out of the 21 trades, 20 were profitable, and only 1 trade ended with a loss of 9.6%. Luckily, this was a very small trade and I lost only 0.84 USD. Guess it sounded worse then it actually was at the beginning.

How much does FAIT cost?

Flourishing offers two price plans currently: One for CEX or DeFi, currently only PCS, and a price plan for CEX’s, currently Bittrex and Binance supported.

  • For CEX: You need to held 0.75% of your AUM (Assets under Management) in AI token.
  • For DEX: Besides the 0.75% you pay a monthly subscription fee of 40USD.

Exam-question: Is it worth it?

Guess you are the only person who can answer that. For me, yes, it is. I profited so far way more then I paid. I also joined the IDO on BSCPad last year (yes, I regret not having used the service since back then….), hence I had some AI tokens lying around in my wallet and wanted to do something useful with it, hence I gave it a try. I am impressed by the service and technology the team offers and delivers so far. Also the support provided by the team is great.

I am sold. What do I need to do?

Let me show you step by step how you can get started with FAIT on PancakeSwap. I assume you have MetaMask already hooked up to the Binance Smart Chain.

  1. Sign-up for an account with Flourishing
  2. Buy (or you might have already) some BNB tokens
  3. Log in into the dashboard
  4. In the top right, there is a blue button with all the exchanges. Click on PancakeSwap and on “connect”.
  5. Under “Settings” (navigation bar), there is a section called “PancakeSwap”. There you see your custodial wallet address. This is the address “your” FAIT is trading with. Send the desired number of BNBs (and only BNBs) to that address.
  6. Click on “Portfolio” in the navigation bar and wait until FAIT picks up your BNB’s. It should show up as “Assets Under Management”.
  7. Wait for FAIT to make her first trade for you.
  8. Profit.

These are the very basic steps to you get you started with FAIT. Play around with the settings currently offered to familiarize you with the dashboard.

Where can I ask questions?

Flourishing got a pretty active and helpful community on Telegram. Just go there. Feel also free to add a comment here on that page if you like.

Referral link for signing-up via Telegram: https://t.me/flourishingcryptobot?start=1611699253
Don’t have BNB’s? Easiest way to buy BNB directly is via upLink. Tutorial here.

Posted in: Review, Tutorial Tagged: ai, artificial intelligence, bnb, fait, flourishing, portfolio management, tutorial, uplink

Cryptopolis Mega 20 BNB Giveaway – only 1 week left

28. February 2022 by digital-coin.net Leave a Comment

🎁Cryptopolis Mega 20 BNB Giveaway🎁

The Cryptopolis Game is getting closer to release, and therefore we decided that this is the perfect time to have a Mega Giveaway with our communities! 🤩

This competition will run for 4 weeks and you only have to complete 4 tasks to fully join in! 

🏆 The prizes are:

 ⁃ 1x 10 BNB to the winner 🤯 😍

 ⁃ 10x 1 BNB 🤩

👇Details about how you can join are below. The more tasks you complete, the bigger your chances of winning are.

❗️Note: We will contact winners via Twitter/Telegram, so make sure to leave the right information!

Join the Giveaway here.

Posted in: Giveaway Tagged: bnb, cryptopolis, giveaway
Earn Free Bitcoin

1 BTC = $23169.45 USD  (via Coinbase)
1 ETH = $1598.34 USD  (via Coinbase)
1 LTC = $94.42 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Fiat Ruins Work But Bitcoin Rewards Those Who Add Value

Bitcoinmagazine
Jan 31

Strike Launches Instant, Cheap Remittances For The Philippines Using Bitcoin Lightning

Bitcoinmagazine
Jan 31

ZEBEDEE And Stattrak Launch New Esports Fantasy Product With Bitcoin Rewards

Bitcoinmagazine
Jan 31

The Four Worst Ways To Attack Bitcoin

Bitcoinmagazine
Jan 31

German Asset Management Giant DekaBank To Offer Bitcoin And Crypto

Bitcoinmagazine
Jan 31

Twitter Prepping For Payments, Could Include Bitcoin And Crypto: FT

Bitcoinmagazine
Jan 30

Mastercard And Binance To Offer Bitcoin, Crypto Card In Brazil

Bitcoinmagazine
Jan 30

A Presidential Visit To Madeira: Is This Island The Next Bitcoin Paradise?

Bitcoinmagazine
Jan 30

Bitcoin Sellers Exhausted, Accumulators HODL The Line

Bitcoinmagazine
Jan 27

Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks

Bitcoinmagazine
Jan 27

Senator Ted Cruz Is Bringing Bitcoin To The Capitol With Vending Machines

Bitcoinmagazine
Jan 27

The Five Lessons I Learned From Ignoring Bitcoin For Years

Bitcoinmagazine
Jan 27

POS Giant Clover Teams Up With Strike To Bring Bitcoin’s Lightning Network To Millions Of Merchants

Bitcoinmagazine
Jan 26

BitPay Announces Partnership With MoonPay, Removes Bitcoin Trading Fees For Limited Time

Bitcoinmagazine
Jan 26

Fiat Debases Belief, But Bitcoin Makes Us Human

Bitcoinmagazine
Jan 26

Mt Pelerin Crypto Exchange Adds Support For Bitcoin Lightning Network

Bitcoinmagazine
Jan 25

Arizona Senator Introduces Bill To Make Bitcoin Legal Tender In The State

Bitcoinmagazine
Jan 25

Swiss Bitcoin App Relai Now Allows Companies To Buy Bitcoin

Bitcoinmagazine
Jan 25

The Kazakhstan Mining Exodus Has Flipped Bitcoin To Clean-Energy Dominance

Bitcoinmagazine
Jan 25

Blockstream Raises $125 Million For Bitcoin Mining Expansion

Bitcoinmagazine
Jan 24

EU Lawmakers Vote To Impose Strict Capital Requirements On Banks Holding Bitcoin And Crypto

Bitcoinmagazine
Jan 24

World’s Largest Bitcoin ATM Software Platform Acquired By Bitstop Founders

Bitcoinmagazine
Jan 24

After the Failure Of Their Stablecoin Experiment, Iran And Russia Will Inevitably Adopt Bitcoin

Bitcoinmagazine
Jan 24

Announcing “Hunting Sats,” A Bitcoin Wallet Cracking Contest

Bitcoinmagazine
Jan 23

In 2023, Bitcoiners Must Stop Shooting (Or Blocking) The Messengers

Bitcoinmagazine
Jan 23

Crypto Lender Genesis Files For Chapter 11 Bankruptcy

Bitcoinmagazine
Jan 20

Mississippi, Missouri Lawmakers Introduce Bills To Protect The Rights To Mine Bitcoin And Run A Node

Bitcoinmagazine
Jan 20

Mainstream Bitcoin Exchanges Have Obscured The Value Of Private, P2P Alternatives

Bitcoinmagazine
Jan 20

New Hampshire Commission Recommends Statewide Bitcoin Mining Energy Plan

Bitcoinmagazine
Jan 19

CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion

Bitcoinmagazine
Jan 19

What Black Investors Can Teach You About Bitcoin

Bitcoinmagazine
Jan 19

Bitcoin Price And Risk Assets Jump In Correlated Move

Bitcoinmagazine
Jan 18

Okcoin And Paradigm Announce New Grant Awarded To Bitcoin Core Maintainer Marco Falke

Bitcoinmagazine
Jan 18

U.S. Department Of Justice Shuts Down Crypto Exchange Bitzlato, CEO Arrested

Bitcoinmagazine
Jan 18

ZEBEDEE And VIKER Launch Bitcoin Chess, Bitcoin Scratch Mobile Games

Bitcoinmagazine
Jan 18

Dear Normie, Don’t Buy Bitcoin

Bitcoinmagazine
Jan 18

Bitcoin Price Reaches $21,000, Shorts Demolished In Biggest Squeeze Since 2021

Bitcoinmagazine
Jan 17

Sazmining Launches Hydroelectric-Powered Mining Facility In Wisconsin

Bitcoinmagazine
Jan 17

Bitcoin Is The Solution To The World’s Economic Inequality Problem

Bitcoinmagazine
Jan 17

To Becomes Bitcoin’s Go-To Platform, Nostr Will Have To Solve Its Key Management Issues

Bitcoinmagazine
Jan 17

With Confident Ignorance Of Bitcoin, So-Called ‘Experts’ Sacrifice Their Credibility

Bitcoinmagazine
Jan 16

How I Introduced My Younger Sister To Bitcoin

Bitcoinmagazine
Jan 15

Seven Factors Bitcoin Investors Should Watch In 2023

Bitcoinmagazine
Jan 15

Bitcoin Mining Is Proving To Be A Lifeline For Africa’s Oldest National Park

Bitcoinmagazine
Jan 13

Establishing The Architectural Styles Of Bitcoin

Bitcoinmagazine
Jan 13

Potential Paths Forward For The Grayscale Bitcoin Trust

Bitcoinmagazine
Jan 13

One Of America’s Largest Hemp Processors Makes Entry Into Sustainable Bitcoin Mining

Bitcoinmagazine
Jan 12

Samsung Asset Management To Launch Bitcoin ETF In Hong Kong: Report

Bitcoinmagazine
Jan 12

Bitcoin 2023: Build Back Bitcoin

Bitcoinmagazine
Jan 12

Dispatch From Guatemala's Bitcoin Lake, A Bitcoin Community Built On Grassroots Adoption

Bitcoinmagazine
Jan 12

Latest Crypto Fear & Greed Index

Tags

adapad airdrop animal farm asic binance bitcoin bluezilla bscpad celsius coinbase compound cryptopolis defi drip earn ethpad exchange faucet free free bitcoin furio gamezone giveaway gleam IDO igo litecoin metavpad miner mining money movez nft nftlaunch passive-income polypad promotion reward souls of meta trading trustpad tutorial velaspad wallet whitelist

Latest Platform Reviews

Celsius
Coinbase
Crypto.com (updated)
OKX

Cloud miner reviews

Hashing24.com
HashFlare.io
Genesis-Mining

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • May 2021
  • April 2021
  • November 2017
  • October 2017
  • May 2017
  • December 2016
  • November 2016
  • October 2016
  • August 2016
  • December 2014
  • March 2014
  • November 2013

Disclaimer

This site contains referral links to described websites. Thanks for your support.

None of the sites content is financial advise. Do your own research, please.

Copyright © 2023 digital-coins.net.

Magazine WordPress Theme by themehall.com