While I think your coin is interesting. no pun intended...
, but the process for staking is just too out there for me. I want to set it and forget it. That just flat out isnt possible with you guys. There are too many tiers, have to constantly be checking in, it just isnt a fun experience. Just gonna cash out. Good Luck guys.
You can just stake and forget... Just put your coins to the pool and leave there, done... You dont need to do anything. Check the FAQ in staking platform, its really easy.
https://my.bitcoininterest.io/Home/FAQIt just doesnt seem that way. No offense. Things like this.
address no longer eligible1. You address no longer has the claimed amount in it.
2. You made a change outside of the staking period. That includes even changing the name.
What if i miss the staking periodIf you miss the monthly staking period (1st - 3rd) then you have till the 10th to stake for a 33% penalty on your stake amount.
Example: Jan 4-10 for -33%. For example if you put in 100 BCI during this time it will only really count for around ~77 BCI after late penalty.
For weekly you will have to wait till next round starts.
Does my staking automatically carry over to next round?Yes and if you want to add more coins to next round be sure to only do on approved dates (see above). <~ this one was a big deal breaker. No TY.
How do I correct an address that is no longer eligible?You will need to delete this address and re-add it back in and make sure you have the correct amount. <~ again No TY.
This is all just too much. Setting it and forgetting it can cause serious penalties. I have a pc with 50 wallets staking atm, none of them require anything like this.
Good Luck in your ventures though. This isnt meant to troll but its honest feedback from a regular non pro user.
If you have a staking wallet, wallet that you don't touch, you dont need to do anything else than stake it, thats it.
All those things are talking about NOT MAKING any changes to your wallet (or in staking platform)... You can stake and forget, just dont move coins / edit anything in staking platform... If you want to do those you need to do them on those "safe days" that are mentioned in staking platform.
1. Make wallet that you use just for staking
2. Move coins to that wallet
3. Stake it on my.bitcoininterest.io
4. You can forget it, no need to do anything and you will be paid interest for now on.