Hotbit AMA🎉: HotBank AMA in English Telegram

Cyrus: Let’s welcome Fawn , Chief Investment Officer at Hotbank @fawnf to introduce【If you have $100K, how to maximize your passive income — Know about Hotbit VIP】to us in AMA. Thank you for being with us today. Let’s begin!

Could you please introduce yourself and Hotbank in brief, thanks!

Fawn: Hi guys, this is Fawn. CIO at Hotbit Investment, I’m responsible for all investment strategies & plans and marketing & BD.

Cyrus: What kind of services are involved in Hotbit’s VIP-exclusive asset management services? What are the features of Hotbit’s VIP-exclusive asset management services?

Fawn: We are very grateful to what we have achieved so far. Giving back is fundamental to how Hotbit works. We offer top rates in the industry — better than our competitors on mainstream assets like BTC, ETH, and USDT. Specially for our VIP Clients. VIP services includes the following:

Cyrus: Compared with other financial service providers available on the market, what are the distinctive advantages of Hotbank?

Fawn: I will give the following points:

Cyrus: The APY of both the normal investment products and the VIP-exclusive financial plans of Hotbank are much higher than traditional investment products. What’s your opinion about this gap of APY? What’s your opinion regarding the future trend of traditional financial products and crypto assets investment?

Fawn: In the bull market, there were a lot of arbitrage opportunities. It was easier to generate high ROI which outperform the traditional market rate. Earnings are now normalizing. Capital is very smart, it always chooses to flow to higher yield products.

Cyrus: We’ve seen that a lot of DeFi projects continue to collapse recently, and that the APY of quantitative arbitrage products are also declining due to market situation. Hence, how does Hotbank manage to protect the security of the assets of all investors on its platform and obtain relatively robust incomes?

Fawn: It is our goal to obtain sustainable and competitive profit weather in bull market or bear market. Since the start of the bull market till Mid May, Hotbank’s quantitative arbitrage and DeFi mining USDT have achieved an annualized rate of return of more than 60%, and the BTC and ETH have also achieved an annualized rate of return of more than 30%. Since May.19, the yield of mainstream currencies has fallen sharply.

Cyrus: Could you please provide any investment suggestions for different types of users such as novice users, experienced users, users of small investments and high net worth users etc.? Also, which products of Hotbank are suitable for those users to purchase?

Fawn: We have many big miners customers who are long-term holders we also have most of institutional clients. Our Hotbank asset management business mainly promotes stable income products based on the currency. The goal is to ensure that the assets in everyone’s hands can generate maximum passive income under various market conditions.

Cyrus: Mining, Lending, and Quantitative Trading are businesses that have been hotly deployed. How do you view their respective advantages and similarities and differences?

Fawn: Lending business is a business that earns interest margins based on market supply and demand. Its profitability is relatively limited, and it can only be used for lending when the amount of funds reaches a certain scale. I will explain more talk about Defi mining and quantitative trading. The mining here should be referred to as DeFi liquidity mining. A very important advantage of DeFi mining is that the rate of return can be measured and predictable. Generally, everyone can see the real-time APY of current mining in each pool, that is, the rate of return. According to the output rules of the pool, it can also be calculated. The impact of the amount of new funds on the rate of return.

Cyrus: Now we move to the last segment of the AMA session public Q&A, Now let’s invite @fawnf to pick some good questions to answer.

@Ayh406: What is the Holiday Bonus?



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3.4K Followers is one of the professional digital asset exchange platforms that provide trading services among major digital currencies like Bitcoin and Ethereum.