The World’s First Trading Platform Providing Staking Service
CITEX has launched the Masternode Hosting and Mining Pool project successively, currently support over 10 coins staking service including the IMGC, XRD, ZEL, VLS, ESBC, IOTE, ZER, SINS, etc. And Mining Pool project has added the AXE, IMG, VEIL and XSPEC coins.
The launch of the MasterNode Hosting project has great positive significance for the PoW coin circle. Firstly, build more and more Master Nodes to improve the block network security of PoW projects; secondly, users need to lock up the coins to build the Master Node, namely, this reduces selling pressure in the secondary market. For example, the price of AXE and IMG began to rise rapidly and sharply after CITEX launched the Masternode Hosting. As now, CITEX has built nearly 1/3 master nodes for the entire network for IMG, IMGC, and AXE.
For ordinary users, the projects bring benefits and convenience. After staking the coins, users can not only get the benefits brought by the growth of the price, but also the node rewards. More, users build the master node through CITEX also have the following advantages: 1. Reduce the technical threshold, CITEX provides users with building nodes and maintenance packaging services. Users can stake tokens with one click. So there is no technical threshold for user and saving a lot of time. 2. Reduce the funding threshold. If the amount of tokens that each node needs to mortgage is too large, CITEX will split a node into multiple shares for lease to the user in a crowdfunding manner, which reduces the funding threshold for user participation and won’t affect the interest rate. 3. Effectively control the risk, for the coins’ masternode which can be staked, CITEX will comprehensively evaluate factors such as the building and operation costs of the master nodes, the strength of the project team, the annualized rate, and the market expectations of the currency.
WWW.CITEX.IO
Published at Mon, 09 Dec 2019 06:00:21 +0000
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