With the introduction of yield farming sites taking the recent limelight. I thought I’d Inform or remind those looking to create a passive income of the little gem that is StakeCube.
So what then is StakeCube?
In a nutshell, StakeCube went live in the summer of 2018 and has become a well established all in one crypto ecosystem. It provides multiple ways such as staking, earning interest, shared masternodes and cloud mining to assist its members in creating a passive income.
At the time of writing StakeCube pays out one of the highest rates of interest in the industry. They pay 7.572% per annum on BTC, LTC, DOGE, DASH and many other altcoins. This equates to 0.02 % compound interest per day, and yes it is added to your balance and paid into your wallet every day. Not weekly or monthly like other places where you can earn interest from but daily.
This interest rate is not reliant on you leaving your crypto tied up for any set period. You are are free to withdraw your crypto at any time. The only requirement is that you have to match a low minimum balance in your wallet to activate interest earning.
Understanding how StakeCube works can be a little confusing at first log in. Here then is a quick run through of its basic features that you can use to help create a passive income with StakeCube.
Create an account.
First off you have to create a free StakeCube account. This is quick and easy to do. After creating a free account and logging in tap on the menu icon in the blue header bar. You will then be presented with the following menu page.
The menu page is very user friendly and you can access all the sites features through the page.The links as you look down the page are
1/ Wallet.
Tap on the wallet icon to reveal a list of secure personnel wallets that StakeCube has created for you to use. Scroll down the page and Select a wallet, lets say stake Cubes native coin SCC. On the front of the wallet you will see two links. One is where you can make a deposit and the other is where you can request a withdrawal.
Tap on the SCC logo. The SCC wallet overview page will open. Here you will see your SCC account balance and your account balance in BTC equivalent. Immediately below this you will see any earnings that you have accrued in the last day, week and month.
Underneath this you will see a simple graph showing the movements of SCC tokens value against BTC.
Scroll down a little further to view a brief description of SCC along with useful links associated with SCC e.g. website, explorer and exchanges where it is traded.
Look back up to the top of the page and you will see there are two other tabs. Clicking on one details your wallet activity e.g. all your deposits and withdrawals while clicking on the other details any earnings you have made from interest, staking or shared master node payments.
2/ Exchange.
This is where you will find the various exchange markets available to you through Stake Cube.
3/ NodeCube.
This link is really for advanced users who may wish to run their own masternode. Most people will be better off utilizing the shared masternodes link.
4/ Shared Masternodes.
Click on this link to reveal this page showing a list of all the altcoins that have shared masternodes which you can invest in through StakeCube.
Unlike running a full masternode, investing in shared masternodes through StakeCube is both a quick and easy process and mutch more affordable to do.
Scroll down the page to view the list of altcoin shared masternodes available and let's look at ‘Dash’.
On the left hand side column of the page you will see the logos of the altcoins. The next column along shows the altcoins name e.g.. ‘Dash’ and below its name is the total number of Dash you need to run a full masternode. E,g, 1000 Dash
The next column on the page displays how much of that coin you currently hold in your StakeCube wallet e.g. 1.20847454. Below that it shows how much Dash you need to invest for one masternode share plus how many shares you are able to invest in according to your wallet balance.
e.g.0.25 and 4
The next column shows the total number of shares that are currently available to be invested in e.g. 10311 Dash
The next column shows just how many shares you actually own e.g. 2
To invest in a share of the masternode simply click on its name e.g. Dash and another page opens up.
Click on the green plus sign that is displayed near the top of the page and select how many shares you would like to invest in. That’s it, your shared masternode earnings will then be credited to your StakeCube wallet as they are earned, usually daily.
To remove your investment from the shared masternode simply click on the red X next to the green plus sign and select how many investment shares you wish to remove. Your investment shares will then be credited back into your wallet.
5/ MineCube.
Click on this link to purchase BTC cloud mining hash power. Unlike other mining contracts your hash power with StakeCube is not time limited. It does not expire which is a nuge bo us over set term contracts.
6/ MineCubeCoin.
This link is for advanced users and is used to set up SCC masternodes.
7/ Academy.
Click this link to go to the StakeCube help section.
8/ Community.
Click this link to find a good selection of, at the time of writing, 18 daily claimable faucets, plus the ability to vote on what new altcoins and features you would like StakeCube to support.
9/ Gameplace.
Click this link to have a bit of fun playing classic games such as 'Snake', 'Tetris' and 'pac-man' for the chance to win jackpot prizes.
10/ API
Containing information for the StakeCube API this is another link for the advanced user.
So, there you have it, a quick, easy and brief guide on how to find the passive income tools available to use through StakeCube.
Happy passive earning... dupater
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StakeCube
