MyContainer Review: The Ultimate Masternode and Staking Platform
Getting started on crypto remains a challenge over ten years since crypto hit the market. Newbies in the forex market have it especially harder. Making good profits in crypto trading is not easy even for the experts; one needs a clear trading strategy. The volatility of cryptocurrencies can easily take you out of the game. The traditional strategy is to buy low and sell high, but it is often not enough. There are smarter ways of trading crypto and making profits, such as using the proof of stake coins.
The proof of stake coins is a new simpler way of trading crypto. The use of the proof of stake algorithm has been on the rise. It is preferred because it does not consume energy or require expensive hardware for transaction authentication. The PoS algorithm is also less prone to hacking attacks. Proof of stake coins also referred to as dividend-paying cryptocurrencies, traded on PoS platforms such as MyContainer. In this review, we delve into MyContainer to analyze its key components.
About MyContainer
MyContainer is an online automatic masternode and staking platform that generates profits for crypto traders in stakes. The platform allows crypto traders to choose and stake PoS coins and get staking rewards from different coins at the same time. In this platform, users can keep their coins in a single platform. With MyContainer, crypto traders can hold their coin and profit from it without much hassle.
MyContainer platform offers over 40 different supported digital assets.
Proof of stake coins (PoS)
Proof of stake is the concept that allows an individual to mine or validate a block transaction depending on the coins they hold. Essentially, miners with more crypto have more mining power. The PoS replaced PoW or proof of work, the original concept used in bitcoin and blockchain in its entirety.
PoW requires that miners have massive hashing powers which require large amounts of energy. The expense of the energy required decreases the profit margins. With PoS no energy is required resulting in increased profits. PoS coins provide coin holders with sustainability and real value due to the dividends.
Supported fiat currencies on MyContainer
MyContainer supports several fiat currencies these include:
- The American dollar
- The sterling pound
- The Euro
- Polish Zloty
- Norwegian crone
- Swiss franc
MyContainer is fully regulated by the Financial Intelligence Unit (FIU), setting it apart from other automatic staking and masternode platforms. The platform is also licensed to provide exchange services of a virtual currency against fiat currency. The fact that MyContainer is regulated assures its users of credibility.
How does MyContainer Work?
MyContainer works by running stakes and masternodes. Masternode is a computer wallet that stores a copy of the blockchain in real-time. At the core of MyContainer is the staking pool, the reward infrastructure benefitting everyone in the trading pool. MyContainer automatically generates access to shared master nodes. The shared master nodes technology employs the strength in numbers principle, allowing small investors access to a masternode.
Every reward to the investors is subject to the compound interest. The returns are based on each coin consensus rule varying from 1% to 149%. Some investments get a reward fee, which goes up to 9%, but most investments do not have reward fees.
MyContainer allows every user to benefit, even those with small amounts of coins. The longer you stake your coins, the more you earn due to the compound interest subjected to the rewards. This system allows digital assets holders to quickly and efficiently increase their profits by just being part of a staking community.
How to Deposit and Withdraw on MyContainer
MyContainer allows you to deposit any amount at any time. There is also no limit to your withdrawal. To deposit, you will click on the wallet tab and select deposit. Select the fiat currency of your choice. Confirm your payment then finally select the payment method.
To withdraw, all you need is to provide a withdrawal address and your coins will be transferred there. The withdrawal request is processed within 24 hours.
Earning Rewards
At MyContainer, rewards are straight forward all you need to do is make your first deposit to your MyContainer staking address. The staking begins automatically. Your future rewards are credited to your balance. All investors are provided with all stakes; the process of passive earning on MyContainer platform is scalable, transparent, and verifiable.
Understanding MyContainer Power
This is a subscription feature in the MyContainer platform. The feature provides cryptocurrency traders with a rather exciting way to earn money. The power plan grants traders access to the PoS and masternode listed on MyContainer. This feature allows the user to only focus on their assets and rewards. The subscribers do not worry about maintenance costs, updates, or MyContainer performance. With the power plan, you earn 100% rewards since all staking fees are eliminated.
There are two power plan packages on MyContainer, the power plus and power max.
plus enables users to access VIP reward giveaways and reward match promise and is charged 8.9 euros. The power plus version goes for 3.9 euros per month; users don’t have access to VIP giveaways and offer as reward match promise. Both power plans contribute to the community through a community fund. Activating the power plan is simple, select your preferred power plan and pay the subscription fees. You can also cancel your plan at any time on your account.
MyContainer Benefits
MyContainer makes use of proof of stake technology enabling investors to earn from their investments. This platform has various benefits, including:
- Shared masternodes- users can access masternodes staking with a variety of coins, increasing their earnings.
- FIAT-crypto exchange- the platform allows users to buy crypto with fiat currency.
- User friendly- the platform is very user friendly, allowing even crypto newbies to trade without too much hassle.
- Automated stacking- the platform is automated; thus, you don’t have much to do. You do not need trading strategies. All you need is to deposit your investment and watch your balance grow.
- The platform s regulated- MyContainer is regulated by Financial Intelligence Unit FIU, ensuring the user’s coins’ security.
- Referrals- the platform offers you a chance to refer your friend where you receive 20% of each reward your referral has.
- Fee charges on the platform are charged on the rewards generated, allowing for more profits.
Conclusion
MyContainer is one of the best masternode and staking pool platforms in the crypto space to empower members to earn income passively without too much hassle or risk. With the compound interest subjected to every reward, the investors can earn more income. MyContainer platform is the best for crypto traders to earn income and grow their digital assets passively. MyContainer is a user-friendly mastenode and staking platform aiming at creating a community of crypto enthusiasts to empower them so that they can passively earn income. A newbie in the crypto space with limited knowledge on cryptocurrency can be able to start at MyContainer and earn profits. This platform offers a perfect chance to get into the crypto space and let your money work for you.