Step By Step How To Install And Create IQ Cash Masternode With Flits

in blockchain •  5 years ago  (edited)

IQ for traders investor miner.jpg

Do you know that this blockchain masternode digital cash is designed to give profits for all the parties? IQ cash network comes with great offers for everyone on the crypto train. Open for all, the traders, miners, and investors will get their split share on the DAO block. How could? The mechanism is specially designed so the profit between miners as a reward for transaction and block generation will split into a certain percentage to give benefits for everyone.

With the split proportion of 57% for investors, 43% for miners, and 6% for developers you can gain 400-300% passive income just by becoming an investor. You can buy 3,000 IQ cash and deposit it as a commission for creating a new private masternode server system. But doesn't it need a high-end computer to create a masternode server? No. Fortunately, you can make it using wallet mobile app Flits. Interested? Here is the step by step guide for you who want to be an investor.

IQ Step to create masternode.jpg

The Step By Step Guide To Help You Install And Create IQ Cash Masternode With Flits

1. Download And Install Flits

IQ Flits app.jpg

Flits are one of the many mobile or android applications that allow you to make masternode and do stacking. It is available on android and iOS. Just as the application's description says, you hold the keys to create any masternode servers from numerous cryptocurrencies, including IQ.cash. It is a free application that can be installed through AppStore (for iOS) and Google Play for Android users. Worth noting that there will be in-app payments for the monthly hosting fee.

2. Creating a New Wallet

IQ Flits wallet.jpg

Have you installed the program? It doesn't take a lot of memory or space anyway. So, you don't need to worry about running out of internal disk. After successfully install the app, start and open it. Since this is the first time, you will be greeted with a welcome screen and two options to make a new wallet or import existing keys. Choose the new wallet option to create a new IQ.cash and process to the next step.

3. Paper Wallet And Verification

IQ Flists Save Paper.jpg

After that, you will find the next screen that appears with a paper wallet. Confused yet? In this screen, you are instructed to save the words that appear in the big bolded font. Just as it said, those 24 words seeds phrase is very important. So, make sure you remember and write it in the same manner or order. If you are not in the mood to write it, then use the export paper wallet option to save them in your phone.

But what it is for? Since it said the words are important, you can expect the next step as a verification step. Those words are mean to be used as a verification code after you click the continue button. Have you saved it yet? Click the continue button to process the verification screen. This step will ask you the particular words that can be found on the paper wallet. Three words will be used as verification.

IQ Flits Enter Words.jpg

All the words are randomized; it can be in different order or number. Let's say, for example, the verification screen asks you to enter the 3rd, 13th, and the 21st word from your paper wallet. Check the previous copy of your paper wallet, count the number, and enter the correct word. After that, click verify to go to the next step. But how if you can't remember them? In this case, you can follow the steps that appear on the bottom part of the screen.

4. Start Using Flits And Make New Wallet

IQ Flits app start.jpg

Did you get it right? Good job then! After the verification procedure, you will get a congratulation statement for finishing the verification step. Here, you got two options to choose from. Start using Flits or start the migration. Since you are going to make a new masternode server, then choose the first option. On the next screen, choose the new wallet option in green, and then look for IQ.Cash (IQ) wallet option in the search bar.

IQ Flits New Wallet.jpg

5. Copy IQ.Cash Wallet Address

IQ Flits Copy Wallet address.jpg

After you find the IQ.cash wallet and add it, you will receive an IQ.cash wallet address. The particular IQ.cash wallet address is very important so don't lose. Why? You will use it again when you are going to buy the IQ. Cash in the later steps. So, you can either copy and paste it on a mobile note or write it down. But obviously, it will be faster to copy it in your phone. After you got the copy of the address, save it, and continue the next step.

6. Copy The Fls Address On The Payment Tab

IQ Flits go to personal tab.jpg

Proceed to the personal tab at the bottom right corner. Here, choose the fees and payments tab under my account option. In the fees screen, you will see your fee balance, deposit addresses, and the explanation of how the system works. What you should do here is simple. Just copy the FLS fee deposit address and save it as a note, so it can be used later when you buy the IQ cash. Done? Let's go to the next step.

IQ Flits Fee.jpg

7. Buy The IQ Cash

In this step, you should buy the required number of masternodes through the buying link from the official website. At the particular tab, you can choose the number of masternodes you want to buy. Worth noting that you need 3,000 IQ cash to buy one masternode server, so make sure you got the exact number of cash. After you choose the number, then paste the IQ cash address that you got from the Flits in the earlier state.

IQ Flits buy.jpg

At the same time, you also need to enter the FLS address that also acquired from the personal tab in your Flits app. You have copied it before right? So you don't need to open Flits anymore. After you enter the two required address, don't forget to fill in the e-mail field as well. This is very important because you will receive notification of coin transfer through it. Whether its succeed, fail, or whatever notification it is. So don't forget about the email address.

After entering all the required address and choosing the right amount of IQ.cash, now you can process to transfer and buy the deposit. A tad bit of tips for you! Since the deposit to make a masternode server is 3000 IQ.cash, it is better to buy an extra 1 IQ.cash for you. Why? It is not that necessary what so ever, but the 1 coin will be spent on the transaction commission. Which is worth thinking about as well.

8. Log in And Deploy The Masternode

IQ Flits Deploy.jpg

Have you bought it? does it succeed? You can check the transfer confirmation through your email to make sure. Once the coins are credited, you can continue and log into the Flits application once again. In the Flits, open the Nodes tab to continues and make your master node. On this screen, you can see three options. Deploy, get help, or new masternode. Choose the deploy option and then select the IQ.cash.

9. Select The Number Of Masternode

IQ Flits Confirm Deploy.jpg

At the next screen, you will meet the deployment confirmation. Here, you need to select the number of masternode based on the package you have paid for. You don't need to be afraid since you have bought the exact number of IQ.cash needed you can put the total number of masternode you want to make. In this screen, you can find some information regarding the total of collateral (total of IQ.cash) and the fees for the monthly hosting fee.

How much you have for the cash? Do you have 3000 IQ? Then you can fill the number of masternode as 1. If you add more, you will get some information that you don't have enough IQ cash under the particular field. Worth noting that once you deploy a masternode, you will start paying the hosting fee. Here, the fee is around €1.99. But, you will pay it daily with the amount per day is €0,0663.

10. Go To The List And Start Node

IQ Flits Start Node.jpg

Done? After you bought the masternode, you can check the approval on the Nodes List. If the process is correct and successful, you will see a congratulation statement. Since you have succeeded, at the same tab you can see some information regarding your new masternode server. You got the address, IP address, private key, and status. Start the masternode server, and now you have become an investor.

It's not that hard right? All in all, you can gain numerous income just by depositing 3,000 IQ cash to be an investor. With the 57 percentages of split share, most likely the 200-400% passive income is very possible. Along with the solution of using mobile application Flits as the way to make masternode server, now you can easily be one of the IQ.cash investors. It is easy to do, has great future possibilities, and also beneficial for you who want to hop in the crypto train.

Ann Thread: https://bitcointalk.org/index.php?topic=4360591
Website: https://iq.cash/
White Paper: https://iq.cash/iqcash_whitepaper.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=5240221.0
Exchanges list: https://coinmarketcap.com/currencies/iqcash/markets/

Social Media:
https://twitter.com/IQ_Crypto
https://www.facebook.com/TradersFair/
https://www.youtube.com/finexpo

Posted by kurniawan05

Profile link: https://bitcointalk.org/index.php?action=profile;u=1187741
ETH: 0x3946bc29197BF793CB796243109b39b019c3fC00

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