There are different ways of investing in the crypto world and different types of investors taking steps according to their own goals. While some crypto investors follow a strategy based on buy and sell, others make longer-term plans and turn to a system where they keep the cryptos they trust in their wallets.
One of the transactions preferred by those who see crypto as a long-term investment tool is staking. In this system, which can be likened to ‘depositing money on interest’ with the simplest definition, users guarantee that certain cryptos in their wallets will not be transacted for a certain period of time, and in return, they earn crypto at variable rates, allowing the cryptos in their accounts to ‘increase where they stand’. In other words, we can say that this method is a kind of passive income method.
Staking transactions are now active on ICRYPEX;
The staking process, which is active under the ‘Win’ tab on the domestic crypto exchange ICRYPEX, is currently valid for 7 different cryptocurrencies, but it is stated that much more cryptocurrencies will be added to the system in the near future.
The expiry times for staking cryptocurrencies are 30, 60, 90 and 120 days, these expiry times may vary for different units. In addition, the earning rates, which vary depending on the maturity period, also differ between cryptocurrencies.
If you give up the staking process, you can perform the transaction with a single click, but in this case, only the principal is transferred to your wallet and no profit can be obtained.
How is staking done on ICRYPEX?
First of all, you need to have an ICRYPEX account. If you do not have an ICRYPEX account yet, you can have one by clicking here and following the steps.
Afterwards, you can stake with the cryptos in your wallet by following the steps below;
- Click here to go to the ‘Win’ tab on ICRYPEX.
- Select the crypto currency that suits you and you want to stake from among the cryptos under the ‘Winning Products’ heading.
- Take a look at the maturity options and the annual percentage rate (YYO) for the crypto money you have chosen and choose the maturity that suits you best.
- Click the Join button.
- Check out the stake details on the screen that appears and your transaction will be completed after clicking the ‘Confirm’ button.
As you can see from the steps, the staking process is quite simple. After this point, you will earn on the crypto currency you choose, according to the maturity period and YYO you choose.
An alternative to saving under the pillow is staking on ICRYPEX:
“How will it be?” we seem to hear you ask. Actually, the answer is pretty simple. Two of the cryptocurrencies you can stake on ICRYPEX are Tether (USDT) and Tether Gold (XAUT). The features of these two cryptocurrencies are that Tether is stable cryptocurrencies indexed to the dollar and Tether Gold to gold.
In other words, since these two cryptocurrencies do not have any concerns about depreciation or where to keep your investment, they are a safe investment tool worth considering. Staking promises to make this investment process much more profitable.
Investing with the staking process, digitalizes traditional investment instruments and presents them as more advantageous investment tools by minimizing risks thanks to the opportunities provided by digital and units such as Digital Dollar (USDT), Digital Gold (XAUT). Its structure, which you can access at any time and earns from where it stops, makes staking one of the most advantageous options for those who plan to invest.
It is worth remembering that the crypto exchange is an investment tool with risks. The way to minimize these risks is to trade on reliable exchanges; to invest in reliable cryptocurrencies that you have researched well and to be a follower of the market.
You can get 24/7 live support for reliable and trouble-free transactions on the domestic cryptocurrency exchange ICRYPEX, which has a VASP license in 2 different countries in the European Union; You can be aware of the developments in the crypto world, make fast transactions and benefit from services such as investment expert support.
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