Mycointainer : A site that simplifies cryptocurrency staking and allows you to generate passive income.
You often ask me questions related to passive income in cryptocurrencies. I'm actually talking to you about a lot of staking and masternodes because these are the best ways to generate interest on your cryptocurrencies. Yes, earning money like that, without doing anything...Did you dream of it? Well, you will be served.
Because, today, I am going to talk to you exclusively about a remarkable site for easy staking.
I will then tell you about MyContainer in case you don't know this site yet.
That said, before you begin, remember thatinvest in cryptocurrencies can be risky, just like staking.
Staking or the simplest way to generate passive income
Many crypto investors believe that the best way to make money in crypto is to buy low and sell high. They are convinced that the best way is to trade. I'm not going to spill the beans because I practice trading myself. What I mean - however - is that trading can certainly make you a lot of money but it requires a lot of work.
So, of course, there are trading bots that will greatly make your life easier, but the fact remains that you will still have to configure and monitor your bot, no matter how efficient it is.
This is not the case for cryptocurrency staking. It's entirely passive. Once. you have made your first deposit, the only thing you need to do is wait to collect your interest.
Yes, all you need is a wallet to generate income by holding a few coins and helping validate a new transaction on the network.
Moreover, it is no coincidence that staking is currently on the rise. It's so easy and passive that more and more people are interested in it. And, that’s completely understandable, you might say.
(You can also read directly the balance sheet one year later on the site and see how much I have earned.)
Staking may, however, require some geek knowledge.
Yes, yes, of course the principle is simple in itself. That said, to get your cryptocurrency staking started, you will need some knowledge and actions to put in place:
- Wallet setup: To start earning, you need to set up a desktop wallet for any crypto you might hold. For an individual who is not too familiar with technology, this can pose some technical problems. Especially for those who have a computer that is unreliable in terms of security and internal memory. To top it all off, version upgrades and troubleshooting when something goes wrong jeopardizes the entire investment.
- Reward frequency: PoS reward frequency is based on the amount (number of coins held) in your wallet compared to the total network amount. Therefore, a single investor has to wait days and sometimes months to receive their reward because the amount may be relatively small.
- Lack of knowledge: With many cryptocurrency staking options available, a new investor just starting out has a hard time identifying the most profitable or reliable tokens.
😎 It is to avoid these problems that sites like MyContainer have appeared. We can only welcome their initiatives. For example, by doing community staking you can greatly increase your chances of being fairly compensated.
There are quite a few sites now to easily stake cryptocurrencies; That said, I honestly think (?) that this is one of the best sites to do this.
I would do reviews on the other sites that I use but very clearly, MyContainer remains one of my favorites, if only for its user-friendly design.
And, now it's time to show you how to best use myContainer to start making profit now.
How to stake with MyCointainer?
1/ Registration on the site:
First of all, you just need to register on the platform MyContainer. Then, you will need to click on “Invest” to be able to deposit your cryptocurrencies.
2/ Deposit your cryptocurrencies on your MyContainer account:
You must then purchase the staking cryptocurrencies to deposit them on your address on MyContainer.
In fact, you will first need to obtain them on an exchange platform, such as Binance.
For the moment – as I write this article – it is not yet possible to directly purchase the cryptocurrencies of your choice directly on the platform.
If you do not know how to buy cryptocurrencies on Binance or on another exchange platform, I invite you to read the Binance tutorial.
Edit: It is now possible to buy cryptocurrencies directly on the site.
I also made a video which shows all the detailed steps for staking on MyContainer in which I also show how to obtain cryptocurrencies on Binance.
3/ Deposit cryptocurrencies on MyContainer:
Once you have selected your cryptocurrency, click on "Generate Address" to have your own address on the site. So, you just have to copy and paste this address and enter it when you are going to withdraw them from your exchange platform.
There you go, all you need is 3 simple steps to be able to start generating rewards and grow your capital easily and without doing anything else.
When your cryptocurrency deposits arrive in your account, you will immediately start generating profits.
What are the advantages of MyCointainer?
The MyCointainer team has created a best-in-class community-based cryptocurrency staking and masternode pool platform that offers a solution to all of the above-mentioned problems because you don't need to set up or manage wallets or aspects techniques of the staking process.
It is therefore ideal for people who don't like to bother with technique, like me for example. And, I know there are many!
Although the main financial benefit you gain from using Mycointainer, is that the frequency of rewards is increased exponentially. Mycointainer receives rewards from the respective PoS coins based on the collective pool, which is much higher than the reward yield you would get from staking individually. It is the site which will then distribute equitably between the coin holders.
Therefore, this will allow you to multiply your income faster because the compounding effect has a longer duration. Currently, the platform supports 21 payment coins, such as PIVX, DIVI, COLX, Rapids, etc. The complete list is available of course, on the site.
You can classify cryptos according to their rates of return or according to their popularity.
Another advantage of the site: you can also consult a summary of cryptocurrencies and even find out where you can get them.
Even more encouraging, MyCointainer is regulated and legitimate towards financial institutions ((CRF) n° FVR000557 and FRK000469), which gives it a guarantee of security and reliability.
This lends great credibility, as MyCointainer is one of the few fully regulated organizations in this space.
Frequently asked questions about MyContainer
I have translated the site's FAQ in the hope that this will answer all the questions you have.
What is MyCointainer?
In short, MyCointainer is an automatic staking and masternode platform. Which means we will generate profits for you in the form of proof by “stakes”.
OK, that's good. But I don't need a platform for staking. I can do it myself. What is the advantage of using MyCointainer?
First of all, you will have access to staking cryptocurrencies and shared masternodes for a variety of rooms. We offer an automated pool staking system. Therefore, your benefits are more stable, more predictable income and above all, you do not need to worry about technical details.
Is there anything else that makes MyCointainer special?
Yes, each reward is subject to compound interest. Basically, with a longer period, you have a greater chance of earning a lot more money because you stack your rewards.
I don't know much about cryptocurrencies, is MyCointainer right for me?
Absolutely! You don't need any technical knowledge to fully use MyCointainer. The entire investment and reward generation process is 100% automatic. All you want to do is deposit the amount of crypto of your choice and watch your balance grow.
What should I do to start earning with staking?
It's very simple, just deposit the coin of your choice to the address generated by MyCointainer for your investment to begin automatically – the rewards will now be credited and added to your balance. You don't need to do anything further.
I want to stake crypto X, but I don't see it on your site.
MyCointainer hosts the best PoS (Proof of Stake) coins and staking coins. Parts are selected after a detailed analysis of the most cost-effective and reliable parts. Ultimately, we will eventually add other coins that we deem relevant in cryptocurrency staking.
Will I be able to see my balance in other FIAT currencies than the Euro?
Currently you can only see your balance in Euros, but this is a highly requested feature and support for other currencies will be added in the future.
Does MyCointainer charge fees?
We only earn when you earn. On the “Assets” page, you will see how much we charge on each asset; some assets are completely free. Also, if you want to see the average price of all coins, visit our homepage, scroll down and check out the section.
What is staking?
Participation in a proof of stake (PoS) system allowing your tokens to serve as a validator for the blockchain and receive rewards.
How much will I earn?
The simplest answer is that rewards are generated according to the basic mathematical principles behind the coin/masternode staking rewards ratio. The most advanced answer is that the % we display on our site is based on different estimates in order to give you a simplified answer. This estimate includes technical aspects such as the current blockchain block, developer roadmap changes, addition of compound coins. It's also very specific to the piece. Some coins have even built their own calculators to help you with this – you can Google them by specifying the coin name + 'rewards'.
What about compound interest, do you offer this option?
Yes, your rewards are also subject to compound interest. In addition, compared to some of the pools that we put together for you, this is the principle that allows you to build your passive income and the foundation of our mission as a company.
Which portion of my rewards comes from staking or Masternode?
We are in the process of collecting, merging and eventually publishing detailed staking source data, so that each registrant sees what part of the reward was generated via regular staking and what part came from Masternode. This feature will be available soon, so stay tuned for great future updates. We have even more great things planned!
Is there a minimum amount to deposit or withdraw?
We wanted to make MyCointainer very simple, so you can start with any amount. There is also no limit on withdrawals, you are also free to withdraw your coins at any time. There is no lock-in period for withdrawals. Instead, you have complete freedom in managing your deposits.
What should I do to withdraw my coins? How long does the withdrawal process take?
You simply provide the address you want to collect your money from and your deposit will be sent there – that's it. The maximum withdrawal time is 24 hours, but usually it's much faster than that.
I deposited coins to the staking address Mycointainer, but my balance has not been updated…
If you recently transferred coins, there may be a delay. Sometimes a third-party API is lagging. Another reason is that transactions may not be instantaneous. Finally, our system needs to recognize deposits. If your deposit is not visible after 24 hours, please contact [email protected]
That's it for the FAQ. Normally, you have the basic answers to your questions regarding cryptocurrency staking with MyContainer.
You can also see the video version below:
Conclusion: MyContainer, an excellent site for generating passive income in cryptocurrencies.
MyContainer may be newer than other platforms, but it has all the ingredients to establish itself as the best option for earning passive income easily.
If you like staking cryptocurrencies, this might be a great way to get started.
I hope this article helps you generate the passive cryptocurrency income you deserve.
If you have any questions about this or about cryptocurrency staking in general, please let me know in the comments section below.
(You can also read directly the balance sheet one year later on the site and see how much I have earned.)
Note: Again, this is not financial advice or anything of the sort. This article is purely informative and has no other ambition than to enlighten you on all the possibilities available to you in the world of cryptocurrencies.
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Hello,
what is the average earning rate per month?
Hello Christophe, So, it depends on the projects; Some offer 5%, 20%, 80% or even more. It depends on the cryptos. On the site, the average annual rate of return is displayed. Also, the gains are not monthly, but daily.
For 200E? HOW MUCH CAN I EARN PER DAY