Welcome to STAKEBASE, one of the best exchanges to connect with cutting edge cryptocurrency, proof of stake coins. In particular, Bitcoin Green (BTG) which is the environmental friendly version of the popular Bitcoin. Digital currency, such as cryptocurrency is the future. However, you can enjoy future benefits right now by investing early in cryptocurrency as part of your financial portfolio. Furthermore, help the environment by conserving resources through BTG! This is what makes STAKEBASE our curiously hot pick for managing proof of stake coins.
What is Cryptocurrency and “Staking”?
If you’re new to cryptocurrency, then you can go here to see our cryptocurrency information page. In a nutshell, cryptocurrency is a digital form of money to mine, buy, and exchange. It’s value may rise and fall similar to a stock. “Staking” or “proof of stake” is an alternate architecture for earning (mining) cryptocurrency. Proof of stake allows easier entry into earning cryptocurrency.
In addition, it offers greater potential to earn than in a traditional Proof of Work model. Miners in a proof of stake system earn cryptocurrency by “staking” tokens. The more tokens on “stake”, the better chances of selection to perform transaction validations in the blockchain. This results in earning cryptocurrency. To keep this system fair, proof of staking also randomizes selection so that those who have a lot of tokens don’t gain an unreasonable edge. This architecture also factors in the “age” of the tokens staked. Those that have supported the network sooner (staked tokens longer) than later earn bigger rewards.
The Game Plan and Future:
Now that we have a base understanding of staking, to start you’ll need tokens to stake. We highly recommend using STAKEBASE as your platform for several reasons:
- Only tokens vetted by cryptocurrency experts are allowed onto the STAKEBASE platform. This will protect your investment in tokens as there is risk that the token is faulty or a scam.
- Enrollment is completely free and designed with the user in mind. Enjoy using a simple application so that you spend more time staking and less time figuring the system out.
- Easy to track and monitor your “stakes” and investment. Even more fun watching them grow. Get notifications and access real time data.
- Early sign ups get rewards such as reduced trading and staking fees. STAKEBASE has significantly lower trading fees than comparable platforms.
- Fully online and automated removing need for technical knowledge, hardware, or download.
- You are in control. Instantly add and withdraw funds, anytime.
More about staking…
Staking involves holding cryptocurrency in a wallet (such as STAKEBASE) for a fixed period of time. The currency is held, waiting to be the next participant to validate blocks on the blockchain. As mentioned, a lottery system allows for more equal opportunity for selection. However, the longer the currency is held, and the amount staked, the better the chances of selection and higher the return on investment. In short, stake as much as you can (comfortably), and for as long as you can.
STAKEBASE and Bitcoin Green
STAKEBASE powers itself by Bitcoin Green: It takes a lot of computing power (and energy) to mine for cryptocurrency using traditional methods such as Proof of Work. Therefore, this has an impact on our environment. Bitcoin Green (BTG) is an energy-efficient and sustainable cryptocurrency that doesn’t leave a large carbon footprint on our environment.
Staking cryptocurrency, the advantage…
To mine using traditional methods requires heavy computing processes. Unfortunately, this also comes with a heavy price tag, not to mention, technical expertise. Staking eliminates the high cost to house and operate computers that mine for cryptocurrency. With staking, there is no need to invest in mining hardware, whatsoever! Purchase and leave your tokens in a STAKEBASE account and watch your value grow. This is a guaranteed and predictable source of passive income. Staking through the right platform, puts a guarantee on seeing a return on investment, similar to investing in a certificate of deposit at the bank.
Saved the best for last about STAKEBASE
STAKEBASE was designed and created with a few key objectives in mind:
- It’s a platform designed for everyone at any entry level. Staking on your own involves understanding of Linux operating system, cloud servers and hosting, and other computing aspects. However, STAKEBASE does the technical work for you.
- It is designed around an equal opportunity marketplace. It offers a referral program. If you get a group of five to join and use STAKEBASE, the platform is free for you to use – for life! This means zero fees for staking!
- Powers in numbers. STAKEBAKE is designed to maximize your token investment by eliminating traditional overhead costs and rewarding its members with “masternode” rewards. Meaning, the more participants staking through STAKEBASE as a whole, the more the blockchain will reward STAKEBASE participants.
- Energy efficiency is an ongoing factor into the future, making programs like STAKEBASE a sure bet on helping the environment, and growing your investments now on this premise. Besides, feel good about doing your part to help our earth. Cryptocurrency is here to stay, and help people and businesses grow. Therefore, it shouldn’t come at the cost of our most valuable resource, our planet.
Welcome to STAKEBASE
We see no where for the future of digital currencies to go, but up. It is a superior form of currency for security, privacy, and resistance to hacks, mismanagement, fees, and inflation. Making this the curiously hot choice for our investment portfolios. We always hope you find this information informative, and welcome to the cryptocurrency journey. Our journey has been a joy to share.
