BBCStaticMiner provides financial tools for enabling investors to start earning cryptocurrency through Quantitative HODL, Staking, and trading a variety of digital currencies.
Frequently Asked Questions
Staking is the process of committing assets to a blockchain network in cryptocurrency. By committing assets, you enable the validation of block transactions. Staking increases the robustness of a blockchain. Thus, when networks improve their trustworthiness, they are prepared to reward you with additional coins for staking, thus paying you interest for doing nothing more than clicking a button.
Your commitment to an asset is used to validate transactions and ensure the network's stability. When the protocol selects your commitment to verify blocks of transactions, you are paid with more cryptocurrency as the transaction's validator.
Staking is used to validate transactions of proof-of-stake currencies.
A cryptocurrency must support a proof-of-stake paradigm in order to stake. Ethereum, on the other hand, uses a hybrid proof-of-work and proof-of-stake paradigm and intends to transition to a 100% stake model with Ethereum 2.0.
Ethereum, the original programmable blockchain, allows staking with up to 25% profits, but requires a minimum of $5000 worth of ETH to qualify.
For cryptos without proof-of-stake systems, our platform generates revenue up to 25% requiring a minimum of $5000 worth of BTC through different means.
These include lending cryptocurrency, profitably trading it using AI, and utilising arbitrage (which is the difference in prices across exchanges). In this situation, you may define Bitcoin staking anyway you choose.
Consider it as lending Bitcoin, investing in Bitcoin, or using a Bitcoin savings account. Any of those are valid, as they overlap somewhat. This method of staking Bitcoins can be even more rewarding than staking a Proof-of-Stake coin.
BitBlockchain smart wallet is one of the most popular choices for users looking to stake cryptocurrency directly from their web3 wallet.
You simply stake other coins by using altcoins. Your coins are stored in your account untouched, an Etherum staking contract is placed on your behalf and profits are credited to you in your preferred currency.
Here are some of the risks of staking crypto:
Possibility of hacking/cyber attacks on the protocol or exchange – this is the main reason some crypto investors stake on smart and hardware wallets.
Possibility of fall in value of the coin, especially in volatile market conditions. When locked up in the staking period, you are unable to liquidate your holdings when downturn in price happens.
Validator nodes holding your staked tokens may be penalised if it does not uphold 100% uptime in processing transactions.
But you have nothing to worry because we got you covered using the power of our AI enabled wallet we are able to automatically detect anomalous behavior within our system and conduct automated responses to contain intrusions as quickly as possible.
Yes! Staking's key benefit is that you earn more cryptocurrency, and interest rates can be quite substantial. In rare instances, you can make more than 20% or 30% per year. It has the potential to be an extremely rewarding method of investing your money.
Smart HODL is the adoption of a quantitative and systematic approach to investing in the Cryptocurrency market, allowing investors to take advantage of an increase in the value of the asset.
Individuals purchase cryptocurrency and hold them in a smart wallet for a long term. Our AI model adapts the new market data to detect investment opportunities. That way it can pinpoint optimal trades while minimising losses by using the most up-to-date info right away.
This strategy helps investors avoid loss due to short-term volatility of cryptocurrencies and gain returns from long-term value appreciation.
Smart HODL makes investing hassle-free! Providing investors a diversified cryptocurrency portfolio without the need to constantly monitor and trade in an unstable market. Smart HODL allows you to HODL intelligently by autonomously switching assets when an asset in holding is losing value, in order to maintain interest.
Your assets are your responsibility, keep in mind the four security tips listed below.
Do not give your password to anyone!
Do not call any phone number of someone claiming to be a BitBlockchain StaticMiner employee or from the support team！
Do not send money to anyone claiming to be a BitBlockchain StaticMiner employee.
Do a full verification on your account. Contact firstname.lastname@example.org for assistance.
Keep an eye on our blog for the most recent cryptocurrency news and trends. You can also become a publisher by registering an account following a few simple steps.