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Roadmap on How to Earn $100000/Month by Trading Crypto on CoinScan?




Cryptocurrency trading can be highly profitable if done strategically. CoinScan, a DeFi analytics platform, provides powerful tools for traders to maximize profits. This guide will walk you through step-by-step on how to earn dollars trading crypto using CoinScan, including account setups, tools, and strategies.

Step 1: Understand CoinScan & Its Features

CoinScan is a DeFi analytics platform that provides real-time data, including:

  • Liquidity tracking – Identify high-liquidity pools for better trade execution.

  • Whale tracking – Follow large investors to spot market trends.

  • Rug-pull alerts – Avoid scams with contract security checks.

  • Advanced charting – Better than traditional exchanges for technical analysis.

🔹 Why CoinScan?
Unlike basic exchanges, CoinScan helps you avoid scams, track smart money, and optimize entries/exits.

Step 2: Set Up Required Accounts & Wallets

To trade effectively, you’ll need:

1. A Crypto Exchange Account (For Buying/Selling)

  • Recommended: Binance (Low fees, high liquidity) [Sign Up with 100 USDT Discount for First Trade]

  • Alternatives: Bybit, Gate, or MEXC Exchange (for beginners).

2. A Secure Crypto Wallet (For Holding & Trading)

  • Hot Wallet (For Active Trading): MetaMask, Trust Wallet.

  • Cold Wallet (For Long-Term Holding): Ledger or Trezor.

3. CoinScan Account (Free or Pro Version)

Step 3: Fund Your Exchange Account

  1. Deposit USD, EUR, or crypto (BTC/ETH) into your exchange (e.g., Binance).

  2. Convert to stablecoins (USDT, USDC) for lower volatility when trading.

💡 Pro Tip: Use limit orders instead of market orders to avoid slippage.

Step 4: Learn Trading Strategies (For Consistent Profits)

1. Day Trading (Best for Short-Term Gains)

  • Buy low, sell high within hours/minutes.

  • Use RSI, MACD, and moving averages for timing.

  • Track CoinScan’s liquidity heatmaps to avoid illiquid coins.

2. Swing Trading (Hold for Days/Weeks)

  • Identify support/resistance levels using CoinScan charts.

  • Follow whale movements to predict big price swings.

3. Arbitrage (Low-Risk Profit)

  • Exploit price differences between exchanges.

  • CoinScan helps spot mispriced assets quickly.

Step 5: Execute Trades Using CoinScan’s Tools

  1. Find Undervalued Coins

    • Use CoinScan’s "New Pairs" scanner to spot early gems.

    • Check contract security to avoid rug pulls.

  2. Track Whale Wallets

    • Large buys = potential pump.

    • Large sells = possible dump.

  3. Set Stop-Loss & Take-Profit

    • Always protect capital with stop-loss orders.

Step 6: Withdraw Profits to Bank Account

  1. Sell crypto for USDT/USDC.

  2. Withdraw to Binance/Kraken and cash out to your bank.

⚠️ Tax Note: Report earnings to avoid legal issues.

Step 7: Scale Up & Automate (Optional)

  • Use trading bots (3Commas, Bitsgap) with CoinScan data.

  • Reinvest profits into staking or yield farming for passive income.

Final Thoughts

CoinScan gives traders an edge with real-time analytics, scam alerts, and whale tracking. By combining it with Binance (or other exchanges), you can maximize profits while minimizing risks.

🚀 Ready to Start?

Follow this roadmap, stay disciplined, and you’ll be on your way to consistent crypto profits! 🚀💰

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