Like maybe most of you i sold almost all of my crypto at the beginning of the year. All i had left was bits of some small altcoins, which lost so much in value that i could not even sell them anymore since the transction would not meet the minimum required amount on the exchange.
So i decided to try putting the coins in a staking pool and see what happens. After a bit of reading on Reddit i chose the Simple POS Pool (reflink: https://simplepospool.com/?ref=bigbasti) as my pool of choice since they offer quite a bit of different coins for staking and are adding even more on a regular basis.
Of course, you must know, that there goes a lot of trust when you decide to use a staking pool. After all, you transfer your funds to complete strangers who could eventually run away with your money. But since i had not much, i thought i take the risk.
Today i can say that this was a good decision. My coins (mostly XP and Vulcano) are really staking very well and generate rewards several times a day. Since my registration, the community grew a lot and the devs earned my trust by being very active and responsive in their discord channel (https://discord.gg/PZn9vwA). You can basically expect an answer within one hour.
Of course the most important part is taht you can easily withdraw your funds, which i also already did several times. Usualy they process all withdrawals within 12 hours but sometimes it can take up to 24.
Currently they offer 23 Staking coins and 10 masternode coins so there is plenty to choose from!
So if you are looking for a great working pool with a very active community to stake your coins, look no further and join me and thousands of other stakers on the Simple POS Pool (reflink: https://simplepospool.com/?ref=bigbasti)
Congratulations @bigbasti! You received a personal award!
Click here to view your Board
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @bigbasti! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit