How to Make Money Lending Cryptocurrencies – a Bitconnect Overview
With the recent soaring investments and use of cryptocurrency coins, there has been many new opportunities available to make extra money in this section of finance.
Bitcoin and Ethereum have seen their prices skyrocket over the last 2 to 3 months.
Many other alternative cryptocurrencies are released every day and traded on the cryptocurrency exchanges.
This is a new frontier in finance, and many believe it may disrupt the entire financial system and change the way individuals pay, bank, and interact with their money.
Investing in BitConnect Lending
https://bitconnect.co/?ref=contacts
You can invest BitConnect coin in Bitconnect lending platform exclusively from the BitConnect Dashboard. This investment option involves profiting from Bitconnect trading bot and volatility software. You will receive daily profit based on your investment option. Upon investment term completion, you will receive your CAPITAL BACK to take out from the Bitconnect lending platform or optionally reinvest back in lending platform to continue receiving daily profit.
BitConnect Coin Lending Profits Interest
(Remember: Volatility software offeres you a variable interest as per bitcoin market fluctuations)
If you wants to invest in BitConnect lending, you have to buy BitConnect Coin in the first place. Buy BitConnect coin from BCC Exchange with Bitcoins first.
Just follow the steps below and in no time you’ll have your Bitcoins working for you.
- Deposit bitcoins first
Visit BCC trading page: https://bitconnect.co/?ref=contacts
Simply Click on "Green Button" to get your BitCoin deposit address.
Once bitcoin sent to bitcoin address you will see unconfirmed transaction appear with pending confirmation on transaction history page. It will be fully confirmed and available for trade with 3 bitcoin network confirmation. It can take around 30 minutes or more time depending on bitcoin network so do not worry and wait quietly.
Buy BitConnect Coin from BCC Exchange
https://bitconnect.co/?ref=contacts
Once you see balance in your BitCoin wallet visit BCC trading page: https://bitconnect.co/?ref=contacts
Simply Fill in buy BitConnect Coin (BCC) form for your desired price and click "Buy BitConnect Coin" Button.
(Remember: Your bitcoins goes into your escrow account until successful trade execution if your bid price is lower than seller ask price).Lend or Invest BitConnect Coin (BCC) from BitConnect wallet
Once all your BCC filled in your BitConnect wallet, go to your user Dashboard and press the “lend BitConnect button”. The invest Bitconnect box will appear. Enter the amount you wish to lend or invest in USD.
After you have read the terms of service, rules and regulations and agree to the terms, check the small box.
You may now choose to "pay from a BitConnect wallet" using the buttons on the bottom of your screen.
Once you have click to pay from a BitConnect wallet, a confirmation box will appear. Hit the “confirm button”.
You will see confirmation message, stating “payment completed.” You did it! The transaction is completed. Make sure you should have require BitConnect Coin amount in your BitConnect wallet.
♦ Lending Guide
- When will the lending interest be added to my account?
It will be added every 24 hours of your lending transaction has been approved. All lending transactions will be treated separately for interest payments.Read more
- I usually get a daily profit from lending but why there is no interest payment received today?
The daily profit is not guaranteed. The interest rate that you earn daily using our investment platform is calculated by our BitConnect Price Volatility Software and accrued daily. Some days, the profit may be 0%.Read more
- Why will the login shield not allow me to withdraw my bitcoin or bitconnect from my account?
Login Shield Verification security is very important to keep your accounts safe from any unauthorised transaction from BitConnect and it requires you to verify your login details every time you log in from a different browser or device.Read more
- I have transferred bitcoin from another wallet How long will it take to confirm my balance?
Bitconnect confirms the deposit with our 1 bitcoin network confirmation. It normally takes 10 minutes but sometimes it may take longer than usual.Read more
- What is the minimum amount to reinvest in bitconnect lending?
The minimum amount to reinvest is $10 and in multiples of $10.Read more
- Why do I have a negative balance in my Bitcoin or BitConnect wallet?
When you send bitcoin/bitconnect to another wallet, a small fee is required (not kept by us) paid to the blockchain.Read more
- Will i get qualify for extra percentage if i compound my investment to 1010?
No. Each lending amount is treated separately and you will not qualify to have an extra 0.10% on your lending. The lending interest payments depend on how much each lending amount is.Read more
- After completion of my lending contract, would I get back USD or BCC?
You will receive USD back into your lending wallet.Read more
- What is the minimum BTC withdrawal amount and fees on withdrawal?
The minimum bitcoin you can withdraw from your bitcoin wallet is 0.005 BTC. Bitconnect charge dynamic bitcoin network fees that are charged by miners for faster confirmation.Read more
https://bitconnect.co/?ref=contacts
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