Blockchain

Earn 100% of Your Rewards with MyCointainer Power Plan

MyCointainer Power is an add-on feature on MyCointainer platform that enables users to solely concentrate on their assets and rewards with performance, updates, and maintenance cost is taken care of. With MyCointainer Power, you’re able to access all PoS & Masternode coins hosted on MyCointainer. For starters, MyCointainer employs both PoS coins and Masternodes to enable users to hold crypto on the platform and consequently generate substantial profits. Basically, MyCointainer Power combines both Proofs of Stake coins & Masternode to make MyCointainer a single, simple, rewarding solution. Thanks to MyCointainer Power, all you need to do is deposit coins on the platform, sit back, and watch your […]

The post Earn 100% of Your Rewards with MyCointainer Power Plan appeared first on CoinBeat.

Published

1 year ago

February 12, 2020

Republished by Plato

For starters, MyCointainer employs both PoS coins and Masternodes to enable users to hold crypto on the platform and consequently generate substantial profits. Basically, MyCointainer Power combines both Proofs of Stake coins & Masternode to make MyCointainer a single, simple, rewarding solution. Thanks to MyCointainer Power, all you need to do is deposit coins on the platform, sit back, and watch your rewards grow.

What are the Perks of MyCointainer Power Plan?

MyCointainer Power is an essential feature on the platform and offers several benefits. Most importantly, the feature enables users to earn 100% of all rewards since all staking fees are reduced to 0%. On most staking platforms, the rewards are typically based on the consensus rule of each coin.

The reward generating process is usually automated. While some investments have rewards of up to 9%, some totally lack reward fees. MyCointainer is quite different from other staking platforms when it comes to rewards, thanks to MyCointainer Power Plan, users earn 100% rewards on all PoS coins regardless of the coin. The annual returns on MyCointainer vary from 1% to 149%, with the entire investing and reward generating process being 100% automated.

MyCointainer Power also allows users to access a shared node platform that provides access to shared masternode staking for a wide variety of coins. Each earned reward is subjected to compound interest allowing users to earn even more from their staking.

Packages of the Mycointainer Power Plan

Mycointainer Power constitutes two primary packages: Power Plus and Power Max.

1. Power Plus Package

The Power Plus charged at 3.90 € per month allows subscribers to access shared masternode, which has access to all assets. The package also covers the cost of running all nodes allowing you to solely focus on your assets & rewards without worrying about updates or platform maintenance. You also get 100% on all rewards since 0% staking fees are charged on all assets.

By subscribing to the package, users also help the community on various packages, including assisting adoption, enabling developers’ community funds, among others. However, the package doesn’t have provision for VIP Giveaways & Offers or Rewards Match Promise, which are only available on the Power Max package.

2. Power Max Package

The Power Max plan is more superior than the Power Plus package and comes with several perks. The package is charged as 8.90 € per month and gives subscribers access to VIP giveaways as well as Reward Match Promise.

With the VIP Giveaways and Offers, users are offered at least one giveaway each month worth up to $500. The Rewards Match Promise functions to match rewards depending on the solo masternode/staking. These perks are offered on top of the features offered by the Power Plus plan.

How to Activate MyCointainer Power

To activate MyCointainer Power, you should first select the subscription type (whether Power Plus or Power Max). Then, select your preferred payment method and pay off your subscription, and you will be automatically subscribed to your preferred Power plan.

How to Deactivate MyCointainer Power

You can cancel MyCointainer Power subscription anytime you want. To deactivate, touch the deactivate tab on your MyCointainer Account, and the subscription will be canceled.

Final Thoughts

MyCointainer Power is yet another feature that makes MyCointainer stand out from the rest of the staking platforms available today. Most importantly, this feature makes users earn 100% of the rewards as all staking fee charges are reduced to 0%.

In addition, users enhance their earning since the rewards are subjected to compound interest. This feature is really at the core of the MyCointainer platform, and any avid users should strive to subscribe to either the Power Plus package or the Power Max package to fully utilize the platform and maximize rewards.

Source: https://coinbeat.com/earn-100-of-your-rewards-with-mycointainer-power-plan/?utm_source=rss&utm_medium=rss&utm_campaign=earn-100-of-your-rewards-with-mycointainer-power-plan

Related Topics:Account Adoption blockchain Coins compound Crypto Cryptocurrency DeFi DYOR Ethereum FOMO Forking FUD funds Hodl Investments REKT Satoshi Staking Wallet

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Blockchain

Indian Olympic Medal Winners to Get Free Bitcoin (BTC) and Ethereum (ETH)

Published

2 hours ago

August 4, 2021

Republished by Plato

The cryptocurrency platform Bitbns intends to open a systematic investment plan (SIP) in digital assets for Indian athletes who win medals at the ongoing Tokyo Olympics. The exchange will reportedly grant around $2,700 in crypto for gold medal winners.

‘Faster, Higher, Stronger’ And Earn Crypto

The Economic Times reported that Indian athletes at the Olympic Games could receive cryptocurrencies as a gift if they manage to win a medal at the tournament in Tokyo.

The trading venue that will reportedly provide the offer is Bitbns. The first athletes that can get cryptocurrency exposure for free are the winners Mirabai Chanu and PV Sindhu. The former won a silver medal in 49 kg women’s weightlifting while the latter acquired bronze in the women’s singles badminton at the Tokyo Olympics.

Bitbns plans to roll out a SIP account and grant nearly $2,700 in digital assets for Olympic champions, $1,350 for silver medal winners, and $675 for bronze medalists. It will transfer the amount into their accounts, and after completing the Know Your Customer (KYC) norms, the athletes will have exposure to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

The trading venue explained that it would structure the SIP for a 3-5 year period, and thus the medal winners will be able to generate profits in the long term through Bitbns. Gaurav Dahake – the Chief Executive Officer at the platform – noted:

“Bitcoin and Ethereum have been the best-performing assets in the last decade, and have given exceptional returns and we aim to get our winners indulge in this rewarding journey.”

Indians Love Cryptocurrencies

According to a recent research, Indian residents increased their digital asset investments from $200 million in 2020 to $40 billion for the first six months of this year, indicating that their appetite for cryptocurrencies surged significantly.

What is even more impressive is that Indians, who are well-known gold admirers, started switching their investment strategies from the precious metal to virtual currencies. A local investor explained:

“I would rather put my money in crypto than gold. Crypto is more transparent than gold or assets and yields higher returns in a shorter period of time.”

The survey added that the number of people who trade cryptocurrencies in India is 15 million. It significantly surpasses a well-developed country such as the UK, for example, where 2.3 million individuals have entered the market. Sandeep Goenka – the co-founder of the platform ZebPay – revealed the reasons why the second-most populated country saw this massive increase:

“They find it easier to invest in crypto than gold because the process is so much simpler. You go online, you can buy crypto, you don’t have to verify it, unlike gold.”

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Source: https://cryptopotato.com/indian-olympic-medal-winners-to-get-free-bitcoin-btc-and-ethereum-eth/

Blockchain

Coinbase halts Bitcoin SV trading after yet another 51% attack

Published

4 hours ago

August 4, 2021

Republished by Plato

Bitcoin SV is in trouble once again after Coinbase announced that it will be halting BSV trading on the platform. This update came on the back of a string of attacks the network has been facing since late June. As per the announcement made by the exchange,

“Due to the 51% attack that has occurred on BSV today we are stopping all BSV trading.”

Bitcoin SV was the target of a massive 51% attack early on Tuesday, an attack which was called “the largest since launch” by Blockchair developer Nikita Zhavoronkov. He further claimed on Twitter that the reorganization was 100 blocks deep and wiped out 570k transactions.

The attack was first brought to the community’s notice by CoinMetrics’ Lucas Nuzzi. Arguing that “some serious hashing power” was unleashed on the network early on Tuesday, he revealed that up to three versions of the chain were being mined simultaneously across pools.

Coinmetrics later confirmed that the firm’s own blockchain security monitoring tool FARUM identified the attack.

All of our FARUM nodes witnessed a deep reorg with a max depth of 14 blocks.

No further reorganization events have been witnessed, but there are still synchronization conflicts taking place on major mining pools. pic.twitter.com/aM6FoWOKke

— CoinMetrics.io (@coinmetrics) August 3, 2021

The Bitcoin Association also confirmed the incident on Twitter, recommending node operators to mark the fraudulent chain as invalid. It’s worth noting, however, that at the time of writing, the Association had released yet another statement on the same.

It said,

“…. believes that this is the same attacker that previously initiated block re-organisation attacks against the BSV network on June 24 and July 1, 6 & 9, 2021.”

Coinbase’s action made waves in the community. However, such steps are perhaps routine for the network now. In the past, BSV has been dropped by top exchanges like Gemini and Binance. It also saw several exchanges block withdrawals and deposits for the asset as liquidity providers suspended access to the token’s liquidity. This was preceded by more attacks in the last week of June and the first week of July.

As far as Coinbase is concerned, the exchange is yet to reveal when it might restart trading services for Bitcoin SV. With many in the community at sixes and sevens, it’s unlikely it’s going to be anytime soon.

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Source: https://ambcrypto.com/coinbase-halts-bitcoin-sv-trading-after-yet-another-51-attack

Blockchain

Looking To Pull An El Salvador, Spain Considers Bill To Allow Mortgage Payments In Crypto

Published

5 hours ago

August 4, 2021

Republished by Plato

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Cryptocurrency and blockchain are becoming quite mainstream as of this year and it’s likely that just about any financial transaction will be able to be completed via the use of crypto in the next few years. Of course, there are bodies pushing against the integration given the lack of regulations and the fact that it could help finance illicit acts.

However, the crypto wave is continuing to grow despite all of the recent adversity. And, according to Spanish paper 20 Minutos, Spain could begin to allow persons to pay their mortgages with crypto pretty soon.

The publication reports that Spanish lawmakers are perusing a proposal that would see to the above. The Digital transformation Law, as it’s called, would make it so that crypto and blockchain become legitimized, while tax incentives are being considered for institutions keen on working under the artificial intelligence umbrella, which would include blockchain tech.

Spain’s incumbent People’s Party is intent on having the country’s banking infrastructure catch up to the times in terms of tech and will promote the use of digital currencies, as well as various other transformative technologies. The proposal suggests that the country’s whole mortgage system should undergo reform, in addition to having crypto payments possible.

El Salvador Took The Lead

This comes on the back of El Salvador’s move to accept bitcoin as legal tender. The Central American nation is very pro-crypto in such regard and it appears they have set the stage for other countries to naturalize digital assets, so to speak.

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Where Spain is concerned, the current proposal advises that banks use blockchain as a means of operating the mortgage system while making use of smart contracts for insurance.

“Introduction into the mortgage system – it also proposes that banks use Blockchain technology to manage mortgages, insurance and speed up compensation – it proposes to extend it to insurance policies, with ‘smart contracts’ with conditions depending on the procedures to be followed, the verification processes and potential incidents.“

El Salvador making bitcoin legal tender was a huge move and we aren’t yet to see the full scope, although the country’s population stands at just 6.5 million so they aren’t expected to have that great of an impact on a worldwide scale. Spain is a different case, however.

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Source: https://zycrypto.com/looking-to-pull-an-el-salvador-spain-considers-bill-to-allow-mortgage-payments-in-crypto/