POS or Proof of Stake coins are growing more and more popular but a lot of people cannot afford to own enough coins to get a reasonable return or own their own Masternode. For the uninitiated, POS is where you hold your coins in a wallet and ‘stake’ them and receive extra coins as a result. This can be quite profitable, but of course, the value of a coin can itself decline as well as go up.
StakeCube is a new POS Pool, about the 4th of its kind but is probably the most user-friendly of all of them and have some unique POS pool benefits for being early adopters.
Related: Simple POS Pool Review
If you would like to sign up after reading below I would be grateful if you would sign-up under me, it gives me the option to ‘gift’ crypto to any referrals that are active as a thank you. You can signup here: https://stakecube.net/?team=wzpurdy
The benefits of staking in a pool are that you do not have to keep lots of wallets open 24/7 saving on electricity and you can benefit from higher rewards than if you staked alone. You can even stake small amounts of coins and benefit from being in a large pool.
Where StakeCube gets interesting is that from their 3% fee (from Stake profits – you never pay anything to them) they take 1% and split that between airdrops and lottery. Everyone will get an airdrop of all coins, even coins you don’t hold and you can then stake these. You can see the compounding benefits of this.
The GUI / User interface is absolutely superb with all the information you would want, and literally, everything is transparent and can be followed on the Blockchain. You can see what percentage of each pool you own. You can withdraw your coins at any time and with zero fees.
To deposit coins you simply click on the coin name and an in-browser window pops up with a deposit address as well as lots of other useful info about the coin including which exchanges support these coins – that’s important as lots of POS coins are quite small and will not be on the larger exchanges. Any coins you do deposit can also be added to a pool Masternode for greater returns.
Stakecube are officially partnered with Bitcoin W Spectrum – BWS, and have a lot more in the pipeline for the future including an in-house exchange