Yet another government official is waking up to Bitcoin’s significance beyond its role as an asset. Rand Paul – Republican senator and well-known libertarian – recently questioned whether “cryptocurrency” could become the world reserve currency. As Bitcoin gains traction and legitimacy around the world, this reality grows ever-more plausible. Weakening Trust in Government Money Rand Paul aired his thoughts in an interview with Axios on Friday. The senator surmised that as trust in government decreases, “cryptocurrency” could “actually become the…
Getting started on cryptocurrency can be a little bit challenging, especially for newbies in the Forex market. Either way, whether you are a newbie or an expert, generating substantial profits is not a walk in the park without a clear strategy.
There are smart ways of making significant profits in cryptocurrency apart from just the traditional ideology of buying low and selling high. Proof of Stake coins is one way to earn smartly with crypto trade and is becoming a popular trend as the coins offer a hint of sustainability and real value.
Recently, coins based on the Proof of Stake (PoS) algorithm have been on the rise, mostly because PoS-powered blockchains don’t consume energy or require expensive hardware to authenticate transactions. The PoS algorithm is also less prone to hacking attacks since the network structure makes it almost immune to mining attacks. It is also referred to as dividend-paying cryptocurrencies traded on PoS platforms such as MyCointainer.
MyCointainer is an online automatic staking and masternode platform that generates profit from your coins in the form of stakes. The platform allows users to choose and stake their PoS coins and get staking rewards from multiple crypto assets at once in the long run.
MyCointainer offers over 40 different Supported Digital Assets, including Energi, Rapids, Waves, Qtum, Pivx, Stratis, Divi, Bitcoin one, Bitcoin Plus (XBC), Bitcoin Turbo Koin, DeviantCoin, Rupaya, Shard, PinkCoin, Luxcore, BitBay, Bean Cash, Wagerr, Polis (POLIS), Particl, NavCoin, Cloakcoin, etc.
Unlike other platforms, MyCointainer is licensed by FIU (Financial Intelligence Unit) under license number: No. FVR000557 and FRKOOO469 to offer crypto exchange services as well as wallet management services.
Supported Fiat Currencies
MyCointainer currently supports the following currencies:
- USD – American Dollar
- GBP – Pound Sterling
- EUR – Euro
- PLN – Polish Zloty
- NOK – Norwegian Krone
- CHF – Swiss Franc
How Does MyCointainer Work?
MyCointainer works by running stakes and masternodes. A masternode is a computer wallet that keeps the entire copy of the blockchain in real-time. The staking pool, easily located at the core of MyCointainer, is the reward infrastructure that benefits every user who has staked their coins, even those with a small number. MyCointainer can automatically generate access to shared masternodes with every reward channeled to stakers subject to the compound interest. The returns are based on each coin consensus rule and usually vary from 1% to 149%. Some investments get a reward fee of up to 9%, although most investments have no reward fees. The platform has all costs transparent, where users can view them on their dashboards.
One thing that makes MyCointainer stand out from the rest of the staking and masternode platforms is that every user benefits from it, even those with limited amounts of coins. Every reward in the platform is subject to compound interest; hence you earn more rewards with the longer you stake your coins. This system lets holders of digital assets quickly and efficiently increase their profits without much hassle – just being part of a staking community.
How to Deposit and Withdraw on MyCointainer
MyCointainer allows you to deposit any amount, and there is also no limit to withdrawal. You can also withdraw your coins at any point.
To deposit on MyCointainer, you click on the “wallet” tab and then select Deposit. Select the preferred FIAT currency you would like to deposit. Finally, you confirm the payment and then select the payment method.
To withdraw from MyCointainer, you provide the withdrawal address, and your coins are channeled there. It will take a maximum of 24hours for the system to process a withdrawal request.
How to Earn Rewards with MyCointainer?
Earning rewards on this platform is straightforward. After depositing a crypto coin of your own choice to the MyCointainer staking address, the staking begins automatically. As your investments are going on automatically, future rewards are credited and added to your balance. MyCointainer has made the whole process of passively earning transparent and verifiable, thus providing a clear copy of all the stakes, Id transactions, and rewards to every participant in the staking pool.
MyCointainer Power Plan
MyCointainer Power Plan is a subscription service feature that gives cryptocurrency fanatics a new and exciting way of earning money. This feature gives users access to the entire portfolio of PoS and Masternode coins listed on MyCointainer. With the MyCointainer power feature, you can solely focus on your assets plus their rewards without relying on updates, which means that you only need to deposit coins on the platform and earn rewards. Here, you receive 100% of your compensation since all staking fees are cut at 0%.
MyCointainer has two power plan packages:
- Power Max Plan – It charges at 8.90 EUR per month, with users being able to access VIP giveaways, and it also comes with Reward Match Promise.
- Power Plus – This version charges at 3.90 EUR per month, but users don’t have access to VIP giveaways and offer as Reward Match Promise.
The two plans play a big part in the community by funding various projects through a community fund.
Benefits of MyCointainer
With Proof of Stake technology, MyCointainer enables users to earn from their coin stakes. The platform has the following benefits:
- FIAT to crypto eased – Users on MyCointainer can easily buy crypto with FIAT currency.
- Shared Masternodes – The platform enables users to access shared masternodes staking involving a wide variety of coins. With each reward subject to compound interest, users have an excellent chance to enhance their earnings.
- User-friendly platform – MyCointainer has a user-friendly interface that can be used by both newbies and experienced crypto traders. The platform doesn’t require much expertise when managing coins or investing in using the platform.
- Referrals – this is a “Refer a Friend” system where users get 20% of each reward that your reference has!
MyCointainer aims to grow a crypto aficionados community to allow members to earn a steady income without many trading risks passively. MyCointainer is one of the best, if not the best choice for crypto traders to passively earn income or grow their digital assets without much danger.