Our staking bots, like the Stake & Make 9% bot we previously mentioned, continuously monitor the market and ensure that your money is always staked in the most profitable coin. They can work 24/7, 365 days a year, without ever getting bored or needing a break. The great thing about automated trading bots is that they never get tired. ![]() They are powered by algorithms that analyze the market and make trades based on specific conditions. Bots are computer programs designed to buy and sell cryptocurrencies based on your behalf. Just open your account, connect your wallet, fund a bot and watch your money grow. The BOTS app offers a user-friendly solution and doesn't require any technical knowledge. To make this process easier, you can use the BOTS app - an automated trading tool that does the work for you.ĭon’t have the app yet? Download it today. There are a lot of different wallets and coins to choose from. If you are just starting out, the process of staking can be daunting. And this is where you can take advantage of the expertise offered by the BOTS App. Keep in mind crypto staking is a fairly complex trading technique and comes with risks and other prerequisites you may not be aware of. That may not seem like much, but it adds up over time. The amount you could potentially earn will depend on the type of coin you are staking, how much you have staked, and the current interest rate.įor example, if you stake 1 ETH at a 5% annual interest rate, you would earn 0.05 ETH per year. If you compare our Stake & Make 9% bot to these options, you stand to earn more returns annually with the BOTS app! Can you make money staking crypto? The compound is another popular protocol that will enable you to stake Ethereum and other assets to earn up to 8% APY. This goes through an AMM or an automated market maker, which is a bot that trades for you.įor example, MakerDAO is a popular Defi protocol that allows you to stake Dai (a stablecoin) and earn up to 7% APY. It basically gathers all your deposited funds to "become the house" and then pays you interest for letting them use your money. The interest rates are usually much higher than what you would earn from a traditional bank account. The type of staking the ‘Stake & Make 9%’ bot does is called 'DeFi staking' or 'Yield Farming'.ĭefi staking is a process of earning interest on your cryptocurrency by lending it out to protocols and platforms in the Defi space. Meet the Stake & Make 9% botĬreated by the BOTS Originals team, the Stake & Make 9% bot stakes your funds in USDC and other top cryptocurrencies that aim to give you fixed returns of 9% annually. And the ‘Stake & Make 9%’ is one of them. There are a couple of staking bots that you can explore in this tab. To start staking, you only need to download the BOTS app and head to the “Earn” tab. The more you stake, the more likely you will be chosen as a validator and earn rewards. The difference is that instead of earning interest, you are helping to validate transactions on the blockchain and are earning rewards for doing so. Let's compare it to a bank account - When you stake cryptocurrency in a wallet, you essentially put your coins in a "savings account" and earn rewards based on how much you have deposited. The probability of being chosen as a validator is proportional to the number of coins staked by the validator.Īs a result, those who stake earn rewards in the form of newly minted coins or transaction fees associated with each new block created on the network. Most blockchain networks use a proof-of-stake (PoS) algorithm that randomly selects a validator to verify the next block. Think of it like earning interest on a cryptocurrency deposit the more you stake, the more you can make. You gain extra cryptocurrency by staking your existing coin. ![]() In the world of cryptocurrency, staking is the process of locking up cryptocurrency assets for a certain amount of time to maintain a blockchain's operation. You can let the BOTS app do staking for you by funding the Stake & Make 9% bot.Stakers earn rewards in the form of newly minted coins or transaction fees associated with each new block created on the network. ![]()
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