StakingLab.io is a well-established staking pool and shared masternode service. I first found out about StakingLab after I had won a giveaway for the coin Everest. Since I didn't want to go through the trouble of downloading, installing and running a wallet 24/7 to be able to stake on my own, I looked into staking pools. I quickly found StakingLab.io, which while researching had quite a few good reviews and seemed very reputable. I went ahead and created an account and have been staking on StakingLab ever since.
In addition to staking pools, StakingLab also offers shared masternode seats. Masternodes can be a lot of trouble for the average person to setup so this alone is a great feature. The majority of shared masternode sites have wait times to withdrawal, as well as wait times until you receive your rewards. This can become an issue if you have a lot invested and suddenly need to pull your coins out for whatever reason. With most shared masternode services, you just cant. You have to wait. StakingLab has solved this problem! They recently launched a new feature called "Instant Nodes".
What are Instant Nodes?
– You’ll earn rewards immediately after you deposit to the masternode.
– You can also reinvest your rewards directly back into an instant node.
– There is no waiting or setup time for the masternode to go live.
– You can leave and withdrawal from the instant node whenever you need your coins.
– There is no waiting or replacement of the seat needed.
This is a revolutionary new feature, and in my opinion, it puts StakingLab a step ahead of many other large pool and shared masternode sites.
Many coins are available with the Instant Node feature including but not limited to: ARION, APR, CDM, OPCX, DEV, BITG, XN, LPC and ZEST.
Steps to invest in an Instant Node:
Use this link to create a StakingLab account. https://pool.stakinglab.io/ref/873a06a225
Once logged in click on the “Instant Nodes” tab in the left sidebar.
Search through the coins they have available and decide which coin you'd like to invest in. Coins can be researched at https://coinmarketcap.com
Now click on the "Wallets" tab in the left sidebar and search for the coin you have selected.
Click the blue circle with three dots on the right. (In the image example we have selected Bitcoin Green)
Scroll down and hit “generate address” and copy down the address it gives you.
Now you must purchase your chosen coin off any exchange where it is listed. (exchanges for a specific coin can be researched at https://coinmarketcap.com)
Send your newly bought coins to the address you generated in step 5.
Give the deposit some time to go through.
Log back in to StakingLab and navigate to the "Instant Nodes" tab from the left sidebar again. Search for your coin you have deposited.
Click the blue circle on the right with 3 dots in it.
Click the "Invest Coins" icon.
Select from the drop down menu which Instant-Node you want to deposit to. Only some will have be available for deposits. All new launched nodes which are available for deposit are announced on the StakingLab discord server here: https://discord.gg/EYFEDhp
Enter the amount you wish to invest and hit "save"
You are now done and have invested into an Instant Node on StakingLab.io!
DISCLAIMER: This article is a "how-to" guide. This is not financial advice.