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MyCointainer is defined as automatic staking and masternode staking platform for users to generate profits in the form of tokens. It supports a variety of Proof-of-Stake coins to stake in an easy and safe manner. The main outstanding feature of this platform is the possibility to earn rewards from staking multiple crypto assets in one single place. However, it also offers other ways of getting passive income from cryptocurrencies and other benefits including: Saving on coin transfers thanks to built-in exchange; Earning with community initiatives by assisting in developing the platform; Being informed about giveaways organized by other websites and participating in them; Getting the latest insights into the world of crypto and learning a lot in this sphere.
MyCointainer OU is a company registered in Estonia and is supported by the Ministry of Economic Affairs and Communication. It is also regulated by the Financial Intelligence Unit (FIU) and possesses a license for providing exchanging services and wallet management. The platform is available in 8 languages and supports mobile staking - crypto enthusiasts can track their rewards in the applications both on Android and iOS devices.
HOW TO START EARNING?
The first step you should make to get profits on MyCointainer is to join the platform and select coins for staking. When your wallets are ready, it is necessary to fund them. There are two ways to do that: open the platform exchange and buy cryptocurrency for fiat or for other assets or transfer funds to the MyCointainer wallet from the other one. Coins start earning immediately when they arrive in the wallet. The process of getting rewards is absolutely transparent and scalable.
HOW MUCH APY YOU CAN EXPECT
For those not familiar with the term, APY (Annual Percentage Yield) is a cryptocurrency saving, similar to the Annual Percentage Rate. It is actually an amount received on the principal amount (the money you put into the account) and the interest that has been earned. APY on the MyCointainer platform varies from coin to coin, and it can be up to 197%.
IS KYC REQUIRED?
Creating an account on MyCointainer is pretty straightforward. You just need to enter an email, write your password twice, and then confirm your email with the link they sent you. The whole process is done within 2 minutes. “According to the MyCointainer’s Terms and Conditions, the account should be verified in order to obtain full functionality of the website.” Once you are done with creating an account, you have to go through the KYC (Know Your Customer) verification system in order to deposit and withdraw funds from the platform. I am a big fan of the KYC system since it increases the security of the whole platform and reduces the number of scammers.