Q: What is staking?
A: Staking is a means of earning interest on your AUDcoin.
Q: How does staking work?
A: From your Aussie Digital Dashboard you can transfer any bought or earned AUDcoin to your Staking wallet. Select the amount you wish to stake and the amount of time you wish to stake for. From the moment you place your stake you will earn 10% every 30 days.
Q: Can I cash in my AUDcoin after my stake is finished?
A: Yes. But not until AUDcoin is trading live after the ICO.
Q: Can I stake my AUDcoin again after my stake has matured?
A: Yes of course you can. You can stake it as many times as you wish.
Q: How long will the Staking Program run for?
A: This depends on factors which will be made clear as we move forward. It is not an overnight program and will run at the very least for many many years.
Q: Why do you say staking is good in a Bear market?
A: Staking works as a safety net when the market is Bear. When you have placed your stake your stake is based on USD value and not the value of AUDcoin. Which means if the market is Bear and AUDcoin drops, you are protected and still receive your 10% each 30 days.
Q: How does it work in a Bull market then?
A: Staking still works the same way in a Bull market. You receive 10% every 30 days. The only difference is the value of AUDcoin could rise more than 10% in a 30 day period which means you would have made more holding it.
Q: I can earn more than 10% in 30 days trading? Why would I want to stake?
A: If you earn more than 10% every 30 days trading then you should trade. Not everyone is a good trader though and in a bear market most people lose while trading.
Q: Is Aussie Digital an investment platform?
A: Aussie Digital is not an investment platform! Most programs they claim to invest you funds and some of the interest they earn is passed on. Aussie Digital does not invest anybody’s funds.
Q: So where does the interest I earn come from?
A: Our Staking Program is a means of further distribution of our AUDcoin. Loyal members earn more AUDcoin by staking.
Q: Can i do anything with my AUDcoin besides Staking?
A: Yes you can spend them in our Ecommerce platform Tradezy.io and by holding AUDcoin you get certain
privileges throughout our ecosystem.
Learn more about the project:
Website: https://www.aussiedigital.io/
Facebook: https://www.facebook.com/aussiedigital/
Twitter: https://twitter.com/aussie_digital
Telegram: https://t.me/AUDOfficialGroup
Youtube: https://www.youtube.com/channel/UCGoncZDbjH21YOi4i4YwroA
Instagram: https://www.instagram.com/aussiedigital.io/
Github: https://github.com/aussiedigitalio
Reddit: https://www.reddit.com/r/AUD_COIN/