Cryptomustar
Thursday, October 5, 2023
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Cryptomustar
No Result
View All Result
Home Press Release

MyCointainer Announces New Platform Version and Staking on Elrond Integration

by Press Release
October 4, 2021
in Press Release
0
MyCointainer Announces New Platform Version and Staking on Elrond Integration
0
SHARES
17
VIEWS
Share on FacebookShare on Twitter

MyCointainer expands its list of services with the integration of the Elrond cold staking system. This new feature enables users to earn staking rewards while maintaining control of their assets. Above all, they can gain up to 12.40% in  and 50% of their fees back among other benefits.

The announcement comes less than two weeks after MyCointainer released an entirely new version of its platform. This latest version brings new developments to enhance user experience and make crypto investing easier and safer for everyone.

RELATED POSTS

God of Musician Platform: A Golden Opportunity for Music, Blockchain, and Investment

Shina token $SHI – Burns, charity and rewards are redefining meme utility

Cold Staking on Elrond

MyCointainer is a staking and master node platform that seeks to increase the quality of service, transparency, and security of user funds.

Thanks to the recent Cold Staking feature, users can delegate their Elrond tokens to MyCointainer. In return, the node stakes their coins on their behalf. Cold Staking offers similar network security as regular staking because the node actively stakes new blocks on the Elrond Blockchain. Therefore, users obtain the same rewards as when they would stake directly.

Anyone can use MyCointainer to stake and earn rewards with relinquishing control over their assets. That’s possible because the MyCointainer node cannot access their Elrond funds. Furthermore, the platform does not take any portion of their stake rewards.

Users can set up cold staking on MyCointainer by using the following node Id address:

erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqhlllllsr6pyml

Next, they can insert any amount of EGLD they choose to delegate. However, the minimum delegation sum is 0.1 EGLD. A lower limit is necessary due to EGLD delegations terms.

Users can delegate their coins for as long as they want. Undoubtedly, the more they keep their assets delegated, the higher their rewards will be. Above all, the platform does not impose a lock-up period. So, users can earn staking rewards as nodes or validators for as long as they please.

Lastly, users can see their cold staking rewards in the transaction tab of their EGLD wallets. For more convenience, they can also manage them only from there.

Benefits of Cold Staking with MyCointainer

The best part about staking on Elrond through MyCointainer is that users can skip the fees for staking tokens. Also, they can pick any of the over 100 assets available on the MyCointainer platform.

Additionally, users can get back up to 50% of their fees in rewards directly to their MyCointainer wallets. Also, they can earn up to 12.40% of their stakings in yearly rewards.

Lastly, for each delegation of at least 2 EGLD, users have a chance to win 250 EUR monthly. This is possible through the platform’s exclusive Lottery Ticket.

New MyCointainer Version

The cryptocurrency industry is growing stronger every day, and MyCointainer seeks to follow suit. In this regard, it advanced its platform to a new and improved version.

In the past two years, MyCointainer has accustomed its users to three services categories: individuals, businesses, and coin developers. This way, everyone can access the investment opportunities and fund allocation options that fit their strategies.

The new version of the platform’s modern architecture offers a more efficient and safer environment for crypto investors everywhere. It aims to enhance user experience and facilitate successful staking. Above all, it ensures a shorter loading time and provides the safest option in the industry.

Furthermore, MyCointainer announced that it is changing the AML/KYC processes in the Main Panel. This feature and a new application to process FIAT transfers and crypto deposits should enhance its functionality. You can contact MyCointainer here.

ShareTweetShare

Related Posts

God of Musician Platform: A Golden Opportunity for Music, Blockchain, and Investment

God of Musician Platform: A Golden Opportunity for Music, Blockchain, and Investment

by Press Release
October 4, 2023
0

Denver, Colorado —-GOM (God of Musician) Music Copyright Platform, is on the cusp of making its highly anticipated return, investors will have...

Shina token $SHI – Burns, charity and rewards are redefining meme utility

Shina token $SHI – Burns, charity and rewards are redefining meme utility

by Press Release
October 4, 2023
0

Born in a Bear MarketOn Valentines Day of 2022, the Shina Token was quietly deployed, and sat virtually unnoticed for...

Hibiki Run and Sound Desert Join Forces to Pioneer the Web3 Music Landscape in Japan

Hibiki Run and Sound Desert Join Forces to Pioneer the Web3 Music Landscape in Japan

by Press Release
October 4, 2023
0

Hibiki Run, the innovative nexus of music streaming and digital collectibles, is thrilled to announce a strategic partnership with Sound...

Orderly Network Partners with Sweat Economy to integrate Seamless Crypto Trading Feature in Sweat Wallet

by Press Release
October 4, 2023
0

Orderly Network proudly announces its strategic partnership with Sweat Economy, the influential force behind the top-tier health & fitness app...

TaxReap Launches: Revolutionizing Cryptocurrency Taxation With A Gamified Experience

TaxReap Launches: Revolutionizing Cryptocurrency Taxation With A Gamified Experience

by Press Release
October 4, 2023
0

As cryptocurrency gains mainstream traction, users worldwide face the rising challenge of unfair and high transactional taxes. However, an innovative...

POPULAR NEWS

EverCash is Taking BUSD Rewards to the Next Level

EverCash is Taking BUSD Rewards to the Next Level

March 17, 2022
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022
MEXC Global Sets to Uplift DuckDAO in a Long-term Partnership

MEXC Global Sets to Uplift DuckDAO in a Long-term Partnership

September 17, 2021
HyperEarn Officially Opens Its Token IDO

HyperEarn Officially Opens Its Token IDO

May 24, 2022
Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

October 25, 2021

EDITOR'S PICK

Foresight Ventures Launches $10M Web3 Startup Fund, in Spite of Market Turmoil

Foresight Ventures Launches $10M Web3 Startup Fund, in Spite of Market Turmoil

November 23, 2022
Is Europe’s MiCA a Template for Global Crypto Regulation?

Is Europe’s MiCA a Template for Global Crypto Regulation?

April 20, 2023
Bitcoin Price (BTC) Likely To Reclaim $25,000 Level Before End Of 2022

Bitcoin Price (BTC) Likely To Reclaim $25,000 Level Before End Of 2022

November 6, 2022
Aptos Token Opens For Trading After Blockchain's Rocky Debut

Aptos $APT Introduces Delegated Staking to Increase Participation in Staking on Network

April 21, 2023

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation

Recent Posts

  • Ethereum Derived stETH Demand Up 142% Since LUNA Crash
  • BIS launches ‘Project Atlas’ to monitor and collect DeFi data
  • Bitcoin Edges Higher to $27.7K; AVAX, XRP Jump as Crypto Market Settles
  • Crypto vs. Banks? It’s Not Either-Or for Chainlink, Ripple
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 cryptomustar.com

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 cryptomustar.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • yfBetayfBeta(YFBETA)$4.27-0.10%
  • IDLEIDLE(IDLE)$1.44-12.39%
  • WPP TokenWPP Token(WPP)$0.006826-3.49%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Werewolf CoinWerewolf Coin(WWC)$0.098082-2.58%
  • PolkaBridgePolkaBridge(PBR)$0.439784-6.92%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • EvidenZEvidenZ(BCDT)$0.122949-3.85%